UPSC prelims level 1 quiz economy #17

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Hemant Bhatt is a B. Tech from Pantnagar University and has studied Social Sciences at SciencesPo, Paris. He teaches at Oracle IAS, Dehradun.
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#1. Which among the following can result in ‘demand pull inflation’ ? 1. increase in subsidy on LPG 2. increase in fuel prices 3. decrease in income tax rates Select the correct answer using the codes given below.

1 and 2 only

1 and 3 only

2 and 3 only

1, 2 and 3

#2. The difference between revenue deficit and grants for creation of capital assets is called:

Fiscal deficit

Budget deficit

Effective revenue deficit

Primary deficit

#4. The difference between total expenditure and total receipts except loans and other liabilities is called

Fiscal deficit

Budget deficit

Primary deficit

Revenue deficit

#5. With reference to foreign portfolio investments (FPI), consider the following statements : 1. FPIs are more volatile than loans from international financial institutions. 2. Foreign Direct Investments are part of FPIs. Which of the statements given above is/are correct ?

1 only

2 only

Both 1 and 2

Neither 1 nor 2

#6. Consider the following statements and identify the right ones. i. MIGA does not offers political risk insurance for projects to developing member countries ii. MIGA also helps investors and lenders deal with investment risks

i only

ii only

Both

None

#7. A decrease in Cash Reserve Ratio (CRR) can lead to which among the following ? 1. increase in cash availability of the banks 2. increase in repo rate 3. decrease in SLR Select the correct answer using the codes given below.

1 only

1 and 2 only

1 and 3 only

All

#9. The difference between fiscal deficit and interest payment during the year is called

Fiscal deficit

Budget deficit

Primary deficit

Revenue deficit

#10. Consider the following statements and identify the right ones. i. Low income countries are eligible to receive low interest loans from IDA ii. India is eligible for a blend of financial assistance from IDA and IBRD

I only

2 only

Both

None

UPSC prelims Online Quiz Economy #17

UPSC prelims online quiz

Results

#1. Which among the following can result in ‘demand pull inflation’ ? 1. increase in subsidy on LPG 2. increase in fuel prices 3. decrease in income tax rates Select the correct answer using the codes given below.

#2. The difference between revenue deficit and grants for creation of capital assets is called:

#3. Which of the following is known as soft loan window of the World Bank?

#4. The difference between total expenditure and total receipts except loans and other liabilities is called

#5. With reference to foreign portfolio investments (FPI), consider the following statements : 1. FPIs are more volatile than loans from international financial institutions. 2. Foreign Direct Investments are part of FPIs. Which of the statements given above is/are correct ?

#6. Consider the following statements and identify the right ones. i. MIGA does not offers political risk insurance for projects to developing member countries ii. MIGA also helps investors and lenders deal with investment risks

#7. A decrease in Cash Reserve Ratio (CRR) can lead to which among the following ? 1. increase in cash availability of the banks 2. increase in repo rate 3. decrease in SLR Select the correct answer using the codes given below.

#8. The investment in productive assets and participation in management as stake holders in business enterprises is

#9. The difference between fiscal deficit and interest payment during the year is called

#10. Consider the following statements and identify the right ones. i. Low income countries are eligible to receive low interest loans from IDA ii. India is eligible for a blend of financial assistance from IDA and IBRD

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