1. Consider the following
about All India GST:
1. It is a destination based
tax
2. India will become one
common market without state barriers.
3. It is proposed to keep
alcohol and petroleum out of the ambit of GST.
4. It is proposed to keep
Entry tax out of the ambit of GST.
Select the correct answer
using the codes given below:
(A) 1, 2, 3 and 4
(B) 1, 3 and 4 only
(C) 2 and 3 only
(D) 1, 2 and 3 only
2. GDP Deflator is defined as
(A) GDP growth adjusted
for wholesale price Index (WPI) based inflation rate.
(B) GDP growth adjusted
for Consumer Price Index (CPI) based inflation rate.
(C) Ratio of GDP at
current Prices to GDP at constant prices.
(D) Ratio of GNP to GDP.
3. In the context of India’s
Five Year Plan, a shift in the pattern of industrialization, with lower
emphasis on heavy industries and more on infrastructure begins in
(A) Fourth plan
(B) Sixth plan
(C) Eighth plan
(D) Tenth plan
4. An increase in interest
rate in the economy will
1. Decrease investment
Expenditure
2. Decrease Consumption Expenditure
3. Lead to higher demand pull
inflation
4. Lead to lower level of
Effective Demand
Select the correct answer
using the codes given below
(A) 1 only
(B) 1 and 2 only
(C) 1, 2 and 3 only
(D) 1, 2 and 4 only
5. Which is correct about the
Indian Depository Receipts (IDR)
i. An IDR listed on an Indian
exchange represents ownership in shares of a foreign firm.
ii. Stan Chart is the first
and only issuer of IDR in the Indian markets.
(A) Only 1
(B) Only 2
(C) Both 1 and 2
(D) Neither 1 nor 2
6. Consider the following
about the recently released Human Capital Index and Identify the correct statement(s)
1. It is prepared by the
World Economic Forum based on 25 indicators
2. India is currently ranked
100 among the 124 nation list
3. Human capital deployment
is one of the indicators
4. Norway has topped the list
(A) 2, 3
(B) 3, 4
(C) 1, 2, 4
(D) Only 4
7. The concept
of „costing margin‟ in the pricing theory was introduced
by?
(A)Andrews
(A)Andrews
(B) Baumol
(C)Cournot
(D) Williamson
8. The
Keynesian theory of employment provides the solution of?
(A) Frictional
unemployment
(B) Disguised
unemployment
(C) Cyclical
unemployment
(D) Seasonal
unemployment
9. Mathematics
was first used economic theory by?
(A)Weiser
(B) Walras
(C)Cournot
(D) Pigou
(D) Pigou
10. The terms
„NEER‟
and „REER‟ are related with?
(A) Foreign
exchange rate
(B) External
economic resources:
(C) National
and regional economic equality
(D)
Environmental regulation
11. For the
calculation of percentile, the data should be arranged in?
(A) Ascending
order
(B) Descending
order
(C) Random
order
(D) Either
random or descending order
12. As per BASEL-II norms, a bank‟s capital to risk
weighted assets ratio (CRAR) should be at least?
(A) 8%
(B) 10%
(C) 12%
(D) 14%
13. India‟s
foreign exchange rate system is?
(A) Free float
(B) Managed
float
(C) Fixed
(D) Fixed
target of band
14. The shape of a frequency curve
cannot be?
(A) U-shaped
(B) V Shaped
(C) J-shaped
(D) S-shaped
15. Which of
the following is pure unitless number?
(A) Mathematical average
(B) Statistical average
(C) Absolute measure of dispersion
(D) Relative measure of dispersion
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