Economics General Knowledge Questions
Deficit financing means the government borrows money from the –
(A) International Monetary Fund
(B) Ministry of Finance
(C) Reserve Bank of India
(D) World Trade Organization
Correct Answer : C
which one among the following formulates the fiscal policy In India?
(A) Planning Commission
(B) Ministry of Finance
(C) Finance Commission
(D) The Reserve Bank of India
Correct Answer : B
Short-term finance is usually for a period ranging up to how many month?
(A) 5 months
(B) 10 months
(C) 12 months
(D) 8 months
Correct Answer : C
The study of factor pricing is alternatively called the theory of
(A) functional distribution
(B) personal distribution
(C) Income distribution
(D) wealth distribution
Correct Answer : A
The process of curing inflation by reducing money supply is called
(A) Cost - push inflation
(B) Demand - pull inflation
(C) Disinflation
(D) Reflation
Correct Answer : C
(A) Rajeev Gandhi
(B) Mahatama Gandhi
(C) Indira Gandhi
(D) Jawahar Lal Nehru
Correct Answer : B
Short-term finance is usually for a period ranging up to
(A) 5 months
(B) 10 months
(C) 12 months
(D) 8 months
Correct Answer : C