1.Which of the following statements best describes the term fiscal deficit?
2.Given below are two statements, one labelled as Assertion (A) and the other labelled as Reason (R) Assertion (A): The British rule led to an increased per capita agricultural productivity in the 19th century. Reason (R): The British rule introduced better transport facilities and market expansion. In the context of the above two statements, which of the following is correct?
3.Which of the following statement is incorrect regarding International Monetary Fund (IMF)?
4.If an Indian buys a UK Car Company, it comes under
5.The central government submits which of the following to the Parliament along with the Annual Financial Statement? 1. Medium-term Fiscal Policy Statement. 2. The Fiscal Policy Strategy Statement. 3. The Microeconomic Framework Statement 4. The Macroeconomic Framework Statement. Select the correct answer using the codes given below.
6.With reference to Bretton Woods Conference, consider the following statements: 1. It re-established a system of fixed exchange rates. 2. It is formally known as the United Nations Monetary and Financial Conference. Which of the statements given above is/are correct?
7.Which of the following statements about India’s Gross Domestic Product (GDP) is correct? 1. It got tripled during 2001-2010. 2. Currently, it is the third-largest in the world based on purchasing power parity. 3. It crossed $3 Trillion in 2019. Select the correct answer using the codes given below.
8.The term ‘Hindu rate of growth’ refers to
9.As per World Happiness Report, India’s Happiness Index value in the last five years (2015-2020) was
10.Which of the following statements can be correct for a high savings economy? 1. Higher investment 2. Higher consumption 3. Higher exports Select the correct answer using the codes given below:
