List of top Economics Questions

Production possibility curve shifts rightward, when-

Which of the following will be included while estimating Gross Domestic Product at market price (GDPmp) ?
(A) Profit earned by American express Bank from its Branch in India 
(B) Dividends paid to shareholders of firm situated in Kerala 
(C) Donations made to a religious institution 
(D) Salary paid to an Indian working in Japanese Embassy 
(E) Purchase of taxi by Travel Services company 
Choose the correct answer from the options given below :

Suppose the expected rate of inflation in India is 10% whereas that in US is 4%. What is the expected rate of depreciation of Indian rupee vis-a-vis US Dollar, according to the relative purchasing power parity theory?

In the production of sugar, sugarcane is

Match List I with List II

List I		List II
A.	TISCO	I.	1921
B.	Suez Canal	II.	1881
C.	Second stage of Transition	III.	1907
D.	First systematic census	IV.	1869

Choose the correct answer from the options given below :

Match List - I with List - II.

List I		List II
A.	Export of goods and services	I.	Excess of export of goods over import of goods
B.	Trade surplus	II.	An element of invisible item
C.	Current transfers to rest of the world	III.	Recorded in credit side the current account BOP
D.	Portfolio investment	IV.	Foreign institutional investment

Choose the correct answer from the options given below :

When TU is maximum, what happens to MU ?

How can morbidity be prevented?
A. Ensuring safe drinking water
B. Taking good education
C. Healthy and nutrative food
D. By employment generation
E. Sanitation
Choose the correct answer from the options given below:

Current A/C of Balance of payment does not include :

Match List I with List II

LIST I		LIST II
A	Accommodating items	I	International purchases
B	Capital Account	II	Central Bank
C	Balance of trade	III	Above the line items
D	Dirty Floating	IV	Visible items

Choose the correct answer from the options given below: 

Based on the following diagram answer the question:

Given initial investment is ₹ 200 crores and MPC=0.8. If autonomous investment increases by ₹ 50 crores, the income will increase by  ₹ ________ crores.

Based on the following diagram answer the question:

Identify the correct statement from the following statements :

The following are features of flexible exchange rate system select the correct option.
(A) Give more flexibility to government.
(B) Restricts countries in conducting monetary policies.
(C) Government intervenes to comes gaps in BOP.
(D) Automatically takes care of surplus and deficit in BOP.
(E) Speculator attack on currency.
Choose the correct answer from the options given below:

In this diagram, budget line goes flater from $ P_1 P_2 \,to \,P_2 P^{'}_1 $ . The reason for budget line being flater is:

In India, Fiscal Responsibility and Budget Management Act, (FRBMA) was enacted in the year ________.

A student of economics has recorded following transactions under revenue receipts, Identify the incorrect item recorded by her, if any :

A section of the big industrialists got together in 1944 and drafted a joint proposal for setting up a planned economy in the country it was called _________

The first industrial policy resolution (IPR) in independent India was introduced in year _____

Regulation of markets aim to create orderly and transparent marketing conditions. Name the group that has been benefited from this:

Arrange the following of elasticities of demand in increasing order as per geometric method.
A. Mid-Point of the demand curve
B. Intercept on Y-axis
C. Between Mid-Point and intercept on X-axis
D. Between Mid-Point and intercept on Y-axis
E. Intercept on X-axis
Choose the correct answer from the options given below:

Based on the following diagram answer the question:

The gap E'F in the diagram indicate

Based on the following diagram answer the question:

Identify the reason for shifting of the Aggregate Demand (AD) curve from AD1 to AD2

Based on the following diagram answer the question:

To deal with the gap E'F, the central Bank will

Which of the following is not a part of money supply?

Identify the correct statements from the following:
(A) When central bank buys securities without any promise to sell them later is called injecting
(B) Open market operations in buying and selling of securities by the commercial bank
(C) Open market operation leads to a change in bank rate
(D) When central bank sells securities without any promise to buy them later is called injecting
(E) RBI influences money supply through open market operations
Choose the correct answer from the options given below: