Economic MCQs with answers Page - 23

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Q. Debt financing that can magnify the risk and reward for an investment are called as follows:

  • (A) Reward risk
  • (B) Derivative
  • (C) Leverage
  • (D) Investment strategy

A

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Q. Which of the following income is common international poverty line ?

  • (A) US$ 1 per day
  • (B) US$ 1.25 per day
  • (C) US$ 1.50 per day
  • (D) US$ 1.90 per day

A

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Q. Which among the following are two maximum revenue yielding groups of Indirect taxes in India?

  • (A) Custom and General Sales Tax
  • (B) Union Excise Duties and General Sales tax
  • (C) Union Excise Duties and Customs
  • (D) Union Excise duties and state Excise duties

A

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Q. Industrial Licensing was finally abolished in India in which of the following years ?

  • (A) 1990
  • (B) 1991
  • (C) 1992
  • (D) 1995

A

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Q. Consider the following statements:
1. The bank loans to all MFIs including NBFCs working as MFIs are deemed to be the priority sector loans
2. The highest loan amount for an individual borrower, is Rs 25,000 with an interest rate cap of 24 per cent as recommended by Malegam Committee
Which among the above statements is / are correct?

  • (A) 1 Only
  • (B) 2 Only
  • (C) Both 1 & 2
  • (D) Neither 1 nor 2

A

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Q. In context with the 4 concepts of Money supply in India (i.e. M1, M2, M3 and M4) used by Reserve Bank of India, which among the following are the most relevant ?

  • (A) M1 & M2
  • (B) M2 & M4
  • (C) M1 & M4
  • (D) M1 & M3

A

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Q. Which among the following does not go with Progressive taxation?

  • (A) ability to pay
  • (B) administrative convenience
  • (C) in built stabilizer
  • (D) will to work and save

A

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Q. Headquarters of Indian Patent Office is located at?

  • (A) Chennai
  • (B) Mumbai
  • (C) Kolkata
  • (D) Hyderabad

A

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Q. Sale of securities by RBI can be placed in which of the following categories?

  • (A) Reverse Repo Auction
  • (B) Repo Auction
  • (C) Open Market Operations
  • (D) Ways and means advances

A

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Q. In context with Banking, which among the following is a correct with regard to Merchandise Credit and Merchandise Debit?

  • (A) Merchandise credit relate to export of goods while merchandise debit represent import of goods
  • (B) Merchandise credit relate to import of goods while merchandise debit represent export of goods
  • (C) Merchandise credit relate to procurement of goods while merchandise debit represent sale of goods
  • (D) Merchandise credit relate to sale of goods while merchandise debit represent procurement of goods

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