Indian Economics MCQ (GK Set-1) with Answers

Indian Economics MCQ (GK Set-1) with Answers

206) If the marginal propensity to save is 020 and the marginal propensity to imports is 0 the effect of an increase in exports of Rs. 100 million on national income is equal to

Answer is:

None of the above

207) Open market operation means

Answer is:

Purchase and sale of Government Securities by the Central Bank

208) In which one of the following situations, should a country pursue a cheap money policy

Answer is:

BOP is unfavourable

209) Which of the following is not used by RBI for controlling credit?

Answer is:

Increase in purchase of Government Securities

210) Which one of the following does not affect credit creation power of Commercial Banks?

Answer is:

C adequacy ratio

39
40
41
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45