Which among the following is not an instrument of fiscal policy?

• Taxation

• Public Expenditure

• Public debt

• Credit Rationing

Which of the following equation is/are incorrect?
I.     NI = NDP + Net Foreign Income
II.    GNP = GDP + Net Foreign Income
III.   NDP = GNP - Depreciation

• I and II

• Only III

• II and III

• only II

Which of the following is called GDP Deflator?

• Ratio of nominal to real GDP

• Ratio of nominal to real GNP

• Ratio of nominal to real CPI

• Ratio of real to nominal GNP

Which organisation monitors the banks in actually maintaining cash balance?

• State Bank of India

• Reserve Bank of India

• Grameen Bank of India

• None of the above

What does indifference curve represent?

• Levels of Income and Capital

• Satisfaction derived from two goods

• Income from two businesses

• Relationship between expenditure and savings

After which five-year plan, 'The Rolling Plan' was implemented?

• Third Plan

• Fifth Plan

• Seventh Plan

• Ninth Plan

Which tax causes a burden on the poorer section of the society?

• Direct Tax

• Indirect Tax

• Both Direct and Indirect Tax

• None of the above

In which of the following market forms a firm does not exercise control over price?

• Mixed Competition

• Monopoly

• Oligopoly

• Perfect Competition

Which of the following is represented by 'Lorenz Curve'?

• Employment

• Inflation

• Deflation

• Income Distribution

270.

In a centrally, planned economy, the .........plans all the important activities in the economy.

• Industrialists

• Citizens

• Government

• Judiciary