Indian Economy Questions Practice Question and Answer
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Q: Which of the following is related to the South-South debate?
186 0632c63525c208a6bf7ebc922
632c63525c208a6bf7ebc922- 1Cooperation between developing countriestrue
- 2Defence Organisationfalse
- 3Sitting between developed & developing countriesfalse
- 4All of the abovefalse
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Answer : 1. "Cooperation between developing countries "
Q: Arthashastra by “Kautilya” is related with–
185 06336e0a45c208a6bf71b2a05
6336e0a45c208a6bf71b2a05- 1Military Phasefalse
- 2Political Reigntrue
- 3Social Phasefalse
- 4Economic Postulatesfalse
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Answer : 2. "Political Reign"
Q: The capital of IMF is made up by the contribution of–
184 06336df7d30141c336c39f9d6
6336df7d30141c336c39f9d6- 1Creditfalse
- 2Deficit Financingfalse
- 3Member Nationstrue
- 4Borrowingsfalse
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Answer : 3. "Member Nations "
Q: IMF was established to meet which of the following objectives.
(i) Promoting International Monetary Cooperation
(ii) Expending International Trade
(iii) Lessening the inequlibrium in trade
(iv) Avoiding competitive exchange depreciations.
182 06336dec35c208a6bf71b12b9
6336dec35c208a6bf71b12b9- 1i,ii,iiifalse
- 2i, iii, ivtrue
- 3ii, ivfalse
- 4i, ii, iii, ivfalse
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Answer : 2. "i, iii, iv"
Q: The Relationship between the rate of interest and consumption level was firstly estimated by–
181 06336e40b30141c336c3a28bd
6336e40b30141c336c3a28bd- 1Amartya Senfalse
- 2Milton Freedmantrue
- 3Irwing Fischerfalse
- 4James Duezan Berryfalse
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Answer : 2. "Milton Freedman"
Q: The Removal of prohibitions and hindrance by the government is called.
181 0632c5e285c208a6bf7ebaca7
632c5e285c208a6bf7ebaca7- 1Globalisationfalse
- 2Privatisationfalse
- 3Liberalisationtrue
- 4Bilateral understanding.false
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Answer : 3. "Liberalisation "
Q: The Worldwide great depression happens in which year-
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632c49a531300b7ce47330be- 11936false
- 21929false
- 31928true
- 41930false
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Answer : 3. "1928 "
Q: According to Kenz, the consumption function shows relation between.
175 0632c662e751e5310a5ca664f
632c662e751e5310a5ca664f- 1Total Consumption and Total Populationfalse
- 2Total Consumption and Normal Price Ratefalse
- 3Total Consumption and Total Incometrue
- 4Total Consumption and Rate of Interestfalse
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Answer : 3. "Total Consumption and Total Income"
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