InterviewSolution
This section includes InterviewSolutions, each offering curated multiple-choice questions to sharpen your knowledge and support exam preparation. Choose a topic below to get started.
| 1751. |
Write a short note on NABARD. |
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Answer» Write a short note on NABARD. |
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| 1752. |
The Gulf crisis and the collapse of Soviet Bloc were responsible, to a certain extent, for the economic crisis of 1991. Discuss. |
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Answer» The Gulf crisis and the collapse of Soviet Bloc were responsible, to a certain extent, for the economic crisis of 1991. Discuss. |
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| 1753. |
Why are employment generation programmes important in poverty alleviation in India? |
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Answer» Why are employment generation programmes important in poverty alleviation in India? |
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| 1754. |
Explain the budgetary measures for the following objectives of government budget- setting up a production unit in the backward area. OR How government budget can be used for bringing price stability in the market? |
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Answer» Explain the budgetary measures for the following objectives of government budget- setting up a production unit in the backward area. OR How government budget can be used for bringing price stability in the market? |
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| 1755. |
The value of output is equal to: |
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Answer» The value of output is equal to: |
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| 1756. |
India and China are similar with respect to the following aspects: |
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Answer» India and China are similar with respect to the following aspects: |
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| 1757. |
Which of the following categories belongs to capital expenditure? |
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Answer» Which of the following categories belongs to capital expenditure? |
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| 1758. |
Sustainable development can be achieved by |
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Answer» Sustainable development can be achieved by |
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| 1759. |
Banking which deals with small enterprises and individuals is: |
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Answer» Banking which deals with small enterprises and individuals is: |
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| 1760. |
If CRR (cash reserve ratio) is increased from 10% to 20%, what should be the change in credit supply, other things remaining constant? Explain. |
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Answer» If CRR (cash reserve ratio) is increased from 10% to 20%, what should be the change in credit supply, other things remaining constant? Explain. |
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| 1761. |
a) Discuss any four points of importance of small-scale industries. b) After independence, India adopted the system of mixed economy where both the private and public sectors co-exist and contribute to the development of the nation. Which value is reflected in such an economic system? |
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Answer» a) Discuss any four points of importance of small-scale industries. b) After independence, India adopted the system of mixed economy where both the private and public sectors co-exist and contribute to the development of the nation. Which value is reflected in such an economic system? |
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| 1762. |
Explain any four factors affecting working capital requirements of a company. |
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Answer» Explain any four factors affecting working capital requirements of a company. |
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| 1763. |
(a) How does giving incentives for exports influence Foreign Exchange Rate? Explain diagrammatically. (b) How are the following transactions recorded in the balance of payment accounts? Give reasons. (i) Foreign investment from abroad (ii) Sale of machinery to abroad |
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Answer» (a) How does giving incentives for exports influence Foreign Exchange Rate? Explain diagrammatically. (b) How are the following transactions recorded in the balance of payment accounts? Give reasons. (i) Foreign investment from abroad (ii) Sale of machinery to abroad |
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| 1764. |
What do you understand by the term 'distress sale'? |
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Answer» What do you understand by the term 'distress sale'? |
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| 1765. |
Which of the following best describes the distinction between real GDP and nominal GDP? |
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Answer» Which of the following best describes the distinction between real GDP and nominal GDP? |
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| 1766. |
Which among the following institutions have to maintain SLR? |
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Answer» Which among the following institutions have to maintain SLR? |
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| 1767. |
The growth of commercial banking has spread over a big part of the country. Yet a major part of the country remains out of its ambit. Comment on this statement. |
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Answer» The growth of commercial banking has spread over a big part of the country. Yet a major part of the country remains out of its ambit. Comment on this statement. |
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| 1768. |
Calculate Investment expenditure: National income = 700 Autonomous consumption = 70 MPC = 0.8 OR Calculate equilibrium level of income from the following: Consumption expenditure at zero level of income = 60 MPC = 0.9 Investment =100 |
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Answer» Calculate Investment expenditure: National income = 700 Autonomous consumption = 70 MPC = 0.8 OR Calculate equilibrium level of income from the following: Consumption expenditure at zero level of income = 60 MPC = 0.9 Investment =100 |
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| 1769. |
Which of the following was not a goal of FYPs? |
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Answer» Which of the following was not a goal of FYPs? |
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| 1770. |
Which of the following has been declared by the Planning Commission of India to be the primary and most crucial role of the central bank? |
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Answer» Which of the following has been declared by the Planning Commission of India to be the primary and most crucial role of the central bank? |
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| 1771. |
Explain any two functions of money. |
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Answer» Explain any two functions of money. |
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| 1772. |
Giving reasons, explain the treatment of the following while estimating national income: (i) Expenditure on maintenance of an office building (ii) Expenditure on adding a floor to the office building (iii) Contribution to the provident fund by the employees |
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Answer» Giving reasons, explain the treatment of the following while estimating national income: (i) Expenditure on maintenance of an office building (ii) Expenditure on adding a floor to the office building (iii) Contribution to the provident fund by the employees |
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| 1773. |
What are the implications of a fiscal deficit? Explain any four. |
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Answer» What are the implications of a fiscal deficit? Explain any four. |
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| 1774. |
Calculate National Income and Personal Disposable Income (Rs in Crores)(i)Personal tax80(ii)Private final consumption expenditure600(iii)Undistributed profits30(iv)Private income650(v)Government final consumption expenditure100(vi)Corporate tax50(vii)Net domestic fixed capital formation70(viii)Net indirect tax60(ix)Depreciation14(x)Change in stocks(−)10(xi)Net imports20(xii)Net factor income to abroad10 |
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Answer» Calculate National Income and Personal Disposable Income (Rs in Crores)(i)Personal tax80(ii)Private final consumption expenditure600(iii)Undistributed profits30(iv)Private income650(v)Government final consumption expenditure100(vi)Corporate tax50(vii)Net domestic fixed capital formation70(viii)Net indirect tax60(ix)Depreciation14(x)Change in stocks(−)10(xi)Net imports20(xii)Net factor income to abroad10 |
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| 1775. |
Name the primary functions of a bank. |
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Answer» Name the primary functions of a bank. |
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| 1776. |
The goods used to produce a final good are called: |
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Answer» The goods used to produce a final good are called: |
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| 1777. |
Tax that is imposed on value added at the various stages of production is known as |
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Answer» Tax that is imposed on value added at the various stages of production is known as |
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| 1778. |
Currency held by the public is: |
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Answer» Currency held by the public is: |
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| 1779. |
Which of the following statement is true? |
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Answer» Which of the following statement is true? |
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| 1780. |
India recently took up which measure to protect its domestic steel industry from cheap imports from China and Korea |
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Answer» India recently took up which measure to protect its domestic steel industry from cheap imports from China and Korea |
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| 1781. |
Marginal propensity to consume is two times more than marginal propensity to save. Autonomous consumption is Rs. 80 crores. Derive the saving function. OR If MPC is 0.75 and income level at the consumption level of Rs. 1,000 is Rs. 1,200, then autonomous consumption would be Rs. 200. State true or false. |
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Answer» Marginal propensity to consume is two times more than marginal propensity to save. Autonomous consumption is Rs. 80 crores. Derive the saving function. OR If MPC is 0.75 and income level at the consumption level of Rs. 1,000 is Rs. 1,200, then autonomous consumption would be Rs. 200. State true or false. |
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| 1782. |
Keeping in view the present scenario, what should be the objectives of education in India? |
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Answer» Keeping in view the present scenario, what should be the objectives of education in India? |
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| 1783. |
Infrastructure contributes to the economic development of a country. Do you agree? Explain. |
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Answer» Infrastructure contributes to the economic development of a country. Do you agree? Explain. |
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| 1784. |
Explain how distribution of gross domestic product is its limitation as a measure of economic welfare. |
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Answer» Explain how distribution of gross domestic product is its limitation as a measure of economic welfare. |
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| 1785. |
Discuss the need for promoting women's education in India. |
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Answer» Discuss the need for promoting women's education in India. |
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| 1786. |
Unilateral transfer payments are a source of: |
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Answer» Unilateral transfer payments are a source of: |
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| 1787. |
Nominal GDPGDP deflatorPopulationYear 3$5,00012511Year 4$6,60015012 Refer to the table mentioned above. What is the real GDP in year 3? |
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Answer» Nominal GDPGDP deflatorPopulationYear 3$5,00012511Year 4$6,60015012 Refer to the table mentioned above. What is the real GDP in year 3? |
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| 1788. |
When C = 300 + 0.8Y and Y = 1,000, saving at zero income level will be |
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Answer» When C = 300 + 0.8Y and Y = 1,000, saving at zero income level will be |
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| 1789. |
As per Reserve bank of India (RBI) guidelines, what is the rate at which banks in India must pay a minimum interest on the balances held in Savings bank account? |
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Answer» As per Reserve bank of India (RBI) guidelines, what is the rate at which banks in India must pay a minimum interest on the balances held in Savings bank account? |
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| 1790. |
Which of the following is NOT a non-plan expenditure? |
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Answer» Which of the following is NOT a non-plan expenditure? |
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| 1791. |
The narrowest section of money supply is: |
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Answer» The narrowest section of money supply is: |
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| 1792. |
To help fight a recession, the government could: |
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Answer» To help fight a recession, the government could: |
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| 1793. |
If primary deficit is Rs 6,900 and interest payment is Rs 600, then fiscal deficit is : |
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Answer» If primary deficit is Rs 6,900 and interest payment is Rs 600, then fiscal deficit is : |
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| 1794. |
Which of the following sources of receipts in government budget increases liabilities? |
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Answer» Which of the following sources of receipts in government budget increases liabilities? |
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| 1795. |
The growth of rural economy depends upon infusion of capital. Why? |
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Answer» The growth of rural economy depends upon infusion of capital. Why? |
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| 1796. |
What is the expansion of CRR? |
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Answer» What is the expansion of CRR? |
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| 1797. |
Explain any two functions of a central bank. |
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Answer» Explain any two functions of a central bank. |
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| 1798. |
After the occurrence of this phenomenon, traders of agricultural produce purchased crops from farmers by issuing cheques to farmers. Farmers without bank accounts were made to open bank accounts and could get access to food, seeds, fertilizers, tools, and other services only when the banks' registration processes were complete and had enough cash to dispense. Some farmers used barter exchange to get food supplies while some with smartphones and bank accounts used e-wallets for obtaining services. What was this phenomenon and explain its features in the context of the case. |
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Answer» After the occurrence of this phenomenon, traders of agricultural produce purchased crops from farmers by issuing cheques to farmers. Farmers without bank accounts were made to open bank accounts and could get access to food, seeds, fertilizers, tools, and other services only when the banks' registration processes were complete and had enough cash to dispense. Some farmers used barter exchange to get food supplies while some with smartphones and bank accounts used e-wallets for obtaining services. What was this phenomenon and explain its features in the context of the case. |
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| 1799. |
"The fiscal deficit gives the borrowing requirement of the government". Elucidate. |
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Answer» "The fiscal deficit gives the borrowing requirement of the government". Elucidate. |
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| 1800. |
Point out any concerns in Indian agriculture. |
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Answer» Point out any concerns in Indian agriculture. |
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