List of top Economics Questions

Match List I with List II

List I		List II
A.	Institution that accept public deposits	I.	Issuance of currency notes
B.	The central Bank of India	II.	Acceptance of deposit from public
C.	Function of a Central bank	III.	Reserve bank of India
D.	Function of Commercial bank	IV.	Commercial bank

Choose the correct answer from the options given below :

Under Statutory Liquidity Ratio, commercial banks are required to keep a function of ________ in the form of liquid assets.

The British rule in India led to.
(A) Collapse of India's world famous Handicraft industry
(B) Development of Modern industry
(C) Development of Railways
(D) Growth of education sector
Choose the correct answer from the options given below:

Which is not a part of progress of china?

Currency Depreciation leads to :

Complete the formula :
Gross Fiscal Deficit = Total Expenditure - ( Revenue receipts + ? )

Production possibility curve shifts rightward, when-

Some of the central Public Sector Enterprises are designated with different status. Hindustan Aeronautics Limited and Mahanagar Telephone Nigam Limited are designated as one among the following. Choose the correct answer :

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?

The difference between national income and domestic income is ________. Choose the correct answer from the following.

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 ?

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 :

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:

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

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 _________

Match List I with List II

LIST I		LIST II
A	Revenue Receipt	I	Increase in Liability
B	Capital Receipt	II	Do not increase in Asset
C	Revenue Expenditure	III	Increase in Asset
D	Capital Expenditure	IV	Do not increase Liability

Choose the correct answer from the options given below: 

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