List of top Economics Questions

Assuming aggregate supply perfectly elastic and AD curve downward sloping then, under the circumstances aggregate output is determined solely by the level of aggregate demand. This is known as :
Both India and Pakistan, have many similarities in the context of various economic policies. Identify the similarities.
(A) Both the economies have adopted mixed economy
(B) Both the countries have adopted reforms near to 1990s
(C) Both countries got independence from France
(D) Both countries uses collective ownership of Land
(E) Both countries have NITI Ayog
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Arrange the following statements related to Fiscal and Monetary Policy in a logical order.
(A) Reduction in the flow of money - open market - increasing the tax
(B) Aggregate Demand increases
(C) Supply could not Match Demand
(D) Income Increases
(E) Inflation - Price Rise
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The concept of sustainable development was emphasised by the:
In the Balance of Trade, Non-factor Income like banking and tourism is considered as :
Match List-I with List-II.
List - IList - II
(A)Visible Items(I)Consultancy Service hired from China
(B)Capital Transfer(II)Loan received by Central Government from State Government
(C)Invisible Items(III)Grants received from World Bank
(D)Unilateral Transfers(IV)Purchase of goods from japan
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In Pakistan most of the foreign exchange earning come from one among the following. Choose the correct option.
Identify the set of correct Statements :
(A) Fixed Exchange rate is regulated by the Government
(B) Flexible Exchange rate is regulated by the market forces
(C) Dirty Floating is a hybrid of Fixed and Flexible Exchange rate system
(D) Flexible exchange rate system is also known as dirty floating
(E) Fixed exchange rate keeps on changing with the change in demand and supply of Foreign Exchange
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Multiplier being 5 times, an incremental investment of ₹ 100 crores leads to an incremental income of-
In an economy, the consumption function is C=500+0.75Y. Calculate equilibrium level of income, when investment expenditure is ₹ 5,000.
Consider the following as steps in the estimation of National Income of an economy by product value added method. Arrange them in proper sequence.
A) Add net factor income from abroad (NFIA).
B) Calculate cost of secondary inputs of all the sectors.
C) Determine Net Value added at factor cost.
D) Determine Gross Value Added.
E) Calculate value of output of all the sectors.
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As per New Economic Policy, in Export Oriented Policy strategies in agriculture, there has been a shift of production from domestic market to export market which leads to :
Consider the following factors related to estimation of national income by various methods for an economy.
A) Net Investment Gross = Domestic Investment – Depreciation
B) Intermediate consumption is excluded to avoid the problem of double counting
C) Net indirect taxes = Indirect Taxes – Subsidies
D) Stocks are measured over a period of time
E) NNP at factor cost = \(NNP_{MP}\) – Net factor income from Abroad
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Hill Area Development Programme was launched during ______five year plan.
Arrange the following events related to pre-independent India in the sequence of their happening in ascending order.
A) Introduction of railways
B) Establishment of Tata Airlines
C) Incorporation of Tata Iron and Steel company
D) Opening of Suez Canal
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From the given infrastructures, identify which is a social infrastructure.
Arrange in order of following events in China and Pakistan.
A) Economic reforms in Pakistan
B) Great leap forward in China
C) Nationalisation of capital goods industries in Pakistan
D) Policy orientation and denationalisation of industries in Pakistan
E) Economic reforms in China
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Indian System of Medicine (ISM) doesn't include :
Arrange the following in sequence of their adoption/establishment.
(A) Establishment of General Agreement on Trade and Tariff (GATT)
(B) World Trade Organisation
(C) New Economic Policy
(D) Goods and Service Tax (GST)
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Cash Reserve Ratio (CRR) is :
Match List-I with List-II.
List - IList - II
(A)Appiko(I)The Bruntland Commission
(B)Central Pollution Control Board(II)Neem trees
(C)Protecting the future generation(III)Karnataka
(D)Biopest Control(IV)1974
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Study the following statements related to Women's Health in India and identify the correct statements pertaining to it.
(A) The increase in Child Sex ratio during 2001 - 2020
(B) In India married women in its age group of 15 - 49 have iron deficiency
(C) Abortions are not the reason for martial morbidity
(D) Girls below aged 15 years are married and have atleast one child
(E) Iron deficiency do not cause maternal death
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Among the following notable estimators, whose estimates during the colonial period was considered very significant ?
Match List-I with List-II.
List - IList - II
(A)Prime Minister(I)Quantity of good that can be imported
(B)Quota(II)Increase production of food grains
(C)Land Reforms(III)Chairperson of the Planning Commission
(D)HYV Seeds(IV)Improvements in the field of agriculture to increase its productivity
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Identify the statement which is incorrect about GST?