Multiple Choice Questions

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An indifference curve measures ........... level of satisfaction derived from different combinations of commodity X and Y.

  • same

  • higher

  • lower

  • lower


A.

same

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Which one is not included in Non-Banking Financial Institutions (NBFIs)?

  • EXIM

  • SIDBI

  • NABARD

  • NABARD

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Redistribution of income in a country can be brought about through.

  • Progressive taxation combined with progressive expenditure

  • Progressive taxation combined with regressive expenditure

  • Regressive taxation combined with regressive expenditure

  • Regressive taxation combined with regressive expenditure

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The main effect of Direct Taxes is on

  • food prices

  • consumer goods

  • capital goods

  • capital goods

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A motion that seeks to reduce the amount of demand presented by government to ₹ 1 is known as 

  • Disapproval of policy cut

  • Token cut

  • Economy cut

  • Economy cut

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

  • Monopoly

  • Perfect competition

  • Oligopoly

  • Oligopoly

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Fiscal policy in India is formulated by

  • Reserve Bank of India

  • Planning Commission

  • Finance Ministry

  • Finance Ministry

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What is MUDRA?

  • Development and Refinance Agency

  • Scheme for Agricultural Insuarance

  • New Planet Discovered

  • New Planet Discovered

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Which one of the following is not an instrument of Fiscal Policy?

  • Open Market Operations

  • Taxation

  • Public borrowing

  • Public borrowing

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What is the name of portal launched by RBI recently to check illegal money collection?

  • Sahyog

  • Sahayata

  • Sampark

  • Sampark

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