UPSC  Economics

61. A rise in general level of prices may be caused by:
1.an increase in the money supply
2.a decrease in the aggregate level of output
3.an increase in the effective demand
Select the correct answer using the codes given below.

1 only 1 and 2 only 2 and 3 only 1, 2 and 3

Workspace

Discuss

62. Which one of the following groups of items is included in India's foreign-exchange reserves?

Foreign-currency assets, Special Drawing Rights (SDRs) and loans from foreign countries Foreign-currency assets, gold holdings of the RBI and SDRs Foreign-currency assets, loans from the World Bank and SDRs Foreign-currency assets, gold holdings of the RBI and loans from the World Bank

Workspace

Discuss

63. Which one of the following is likely to be the most inflationary in its effect?

Repayment of public debt Borrowing from the public to finance a budget deficit Borrowing from banks to finance a budget deficit Creating new money to finance a budget deficit

Workspace

Discuss

64. Supply of money remaining the same when there is an increase in demand for money, there will be:

a fall in the level of prices an increase in the rate of interest a decrease in the rate of interest an increase in the level of income and employment

Workspace

Discuss

65. Economic growth in country X will necessarily have to occur if

there is technical progress in the world economy there is population growth in X there is capital formation in X the volume of trade grows in the world economy

Workspace

Discuss

66. The national income of a country for a given period is equal to the:

total value of goods and services produced by the nationals sum of total consumption and investment expenditure sum of personal income of all individuals money value of final goods and services produced

Workspace

Discuss

67. Which of the following grants/ grant direct credit assistance to rural households?
1.Regional Rural Banks
2.National Bank for Agriculture and Rural Development
3.Land Development Banks
Select the correct answer using the codes given below:

1 and 2 only 2 only 1 and 3 only 1, 2 and 3

Workspace

Discuss

68. The terms 'Marginal Standing Facility Rate' and 'Net Demand and Time Liabilities', sometimes appearing in news, are used in relation to

banking operations communication networking military strategies supply and demand of agricultural products

Workspace

Discuss

69. What is/are the facility/facilities the beneficiaries can get from the services of Business Correspondent (Bank Saathi) in branchless areas?
1.It enables the beneficiaries to draw their subsidies and social security benefits in their villages.
2.It enables the beneficiaries in the rural areas to make deposits and withdrawals.
Select the correct answer using the code given below.

1 only 2 only Both 1 and 2 Neither 1 nor 2

Workspace

Discuss

70. If the interest rate is decreased in an economy, it will

decrease the consumption expenditure in the economy increase the tax collection of the Government increase the investment expenditure in the economy increase the total savings in the economy

Workspace

Discuss