UPSC Online Quiz Economy #8

UPSC prelims online quiz

Results

#1 International Development Association (IDA) is called the ‘soft’ window of the World Bank (WB) because

#2 With reference to narrow money, consider the following statements : 1. They are highly liquid. 2. Banks run their lending programme mainly with this money. Which of the statements given above is/are correct ?

#3 100 people went for a job in a company. The company told them that while there is a vacancy, none of them posses the skill required for the job. What kind of unemployment would this be called?

#4 Twin deficit in a economy means

#5 The current account of the balance of payments (BoP) includes 1. foreign aid. 2. foreign institutional investments. 3. remittances. Select the correct answer using the codes given below.

#6 Which of the following prices is/are fixed by the central government? 1. Maximum Retail Price (MRP) 2. Minimum Support Price (MSP) 3. Fair and Remunerative Price (FRP) Select the correct answer using the codes given below.

#7 The term ‘micro-finance’ frequently appears in newspapers. Micro-finance includes 1. small loans 2. small deposits 3. money transfer 4. payment services Select the correct answer using the codes given below.

#8 Consider the following statements about International Finance Corporation: 1. It is known as the private arm of the world bank. 2. It lends money to private sector companies of all countries. Which of the statements given above is/are correct?

#9 Inclusive growth is an important objective of the development process. In this context, which of the following would amount to inclusive growth? 1. poverty reduction. 2. disinvestment. 3. good governance. 4. skill building. Select the correct answer using the codes given below

#10 National treatment (NT) is an important policy of WTO. NT means

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