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.
| 1901. |
Deficit budget refers to that situation in which government’s budget expenditure is: |
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Answer» Deficit budget refers to that situation in which government’s budget expenditure is: |
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| 1902. |
Crowding out refers to: |
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Answer» Crowding out refers to: |
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| 1903. |
If the exchange rate changed from 2=Rs.135 to 1.75 = Rs. 105, which of the following is true? |
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Answer» If the exchange rate changed from 2=Rs.135 to 1.75 = Rs. 105, which of the following is true? |
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| 1904. |
State the four functions of money. Explain any one of them. |
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Answer» State the four functions of money. Explain any one of them. |
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| 1905. |
Classify the following into renewable and non- renewable resources (i) trees (ii) fish (iii) petroleum (iv) coal (v) iron-ore (vi) water |
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Answer» Classify the following into renewable and non- renewable resources (i) trees (ii) fish (iii) petroleum (iv) coal (v) iron-ore (vi) water |
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| 1906. |
"Earth has got enough to satisfy the needs of all but not enough to satisfy the greed of one". Do you agree? What do you think: Should we expand the means or minimize greed? |
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Answer» "Earth has got enough to satisfy the needs of all but not enough to satisfy the greed of one". Do you agree? What do you think: Should we expand the means or minimize greed? |
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| 1907. |
What is Legal Reserve Ratio? Explain its components. |
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Answer» What is Legal Reserve Ratio? Explain its components. |
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| 1908. |
What do you mean by rural development? Bring out the key issues in rural development. |
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Answer» What do you mean by rural development? Bring out the key issues in rural development. |
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| 1909. |
Money as a standard for deferred payments has led to the emergence of: |
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Answer» Money as a standard for deferred payments has led to the emergence of: |
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| 1910. |
The "Wealth of a Nation" can be best described as: |
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Answer» The "Wealth of a Nation" can be best described as: |
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| 1911. |
According to the Reserve Bank of India Credit and Monetary Policy, the rate of increase in the Minimum Support Price (MSP) of food grains has been more than that of the rate of inflation. This would mean that |
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Answer» According to the Reserve Bank of India Credit and Monetary Policy, the rate of increase in the Minimum Support Price (MSP) of food grains has been more than that of the rate of inflation. This would mean that |
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| 1912. |
Who is responsible for the regulation of health-related issues like medical education, drugs and poisons, and food adulteration? |
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Answer» Who is responsible for the regulation of health-related issues like medical education, drugs and poisons, and food adulteration? |
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| 1913. |
Find nominal GDP if real GDP=240 and price index=120. |
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Answer» Find nominal GDP if real GDP=240 and price index=120. |
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| 1914. |
Distinguish between devaluation and depreciation of domestic currency. |
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Answer» Distinguish between devaluation and depreciation of domestic currency. |
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| 1915. |
Which of the following funds are not owned by the Government but is only kept by the Government on behalf of the public? |
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Answer» Which of the following funds are not owned by the Government but is only kept by the Government on behalf of the public? |
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| 1916. |
How is marginal product calculated? |
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Answer» How is marginal product calculated? |
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| 1917. |
Q17. Consider the following statements related to National Investment and Infrastructure Fund (NIIF): 1. NIIF is registered with SEBI as Category II Alternative Investment Fund (AIF) 2. The Purpose of the fund is to receive disinvestment proceeds of central public sector enterprises 3. 5% of the total funds collected in it becomes a part of Consolidated Fund of India Which of the above statement(s) is/are correct? |
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Answer» Q17. Consider the following statements related to National Investment and Infrastructure Fund (NIIF): 1. NIIF is registered with SEBI as Category II Alternative Investment Fund (AIF) 2. The Purpose of the fund is to receive disinvestment proceeds of central public sector enterprises 3. 5% of the total funds collected in it becomes a part of Consolidated Fund of India Which of the above statement(s) is/are correct? |
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| 1918. |
Which among the following statement(s) is/ are correct about India’s balance of payment? (NCERT) 1. The current account records of export and import in goods and services and stocks and bonds. 2. “Golden Period” of balance of payment in India was during Independence. 3. High earning from invisible was one of the reasons for satisfactory Bop situation in post reform period. 4. India’s forex Reserve SDR and RTP. Code: |
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Answer» Which among the following statement(s) is/ are correct about India’s balance of payment? (NCERT) 1. The current account records of export and import in goods and services and stocks and bonds. 2. “Golden Period” of balance of payment in India was during Independence. 3. High earning from invisible was one of the reasons for satisfactory Bop situation in post reform period. 4. India’s forex Reserve SDR and RTP. Code: |
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| 1919. |
What are the basic two components of personal disposable income? |
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Answer» What are the basic two components of personal disposable income? |
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| 1920. |
At present, nuclear energy accounts for only ______percent of total primary energy consumption in India. |
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Answer» At present, nuclear energy accounts for only |
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| 1921. |
Write the constraints corresponding to the feasible region shown in the adjacent figure |
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Answer» Write the constraints corresponding to the feasible region shown in the adjacent figure
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| 1922. |
Name the three principal features of the New Economic Policy. |
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Answer» Name the three principal features of the New Economic Policy. |
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| 1923. |
A company manufacturing sewing machines, set-up in 1945 by the British promoters, follows formal organisation culture in totality. It is facing a lot of problems in delays in decision-making. As the result, it is not able to adapt to changing business environment. The workforce is also not motivated since they can not vent their grievances except through formal channels, which involve red tapes. Employee turnover is high. Its market share is also declining due to changed circumstances and the business environment. Give reasons in terms of benefits, it will derive from the changes suggested by you. In which sectors can the company diversify, keeping in mind the declining market for the product that the company is manufacturing? |
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Answer» A company manufacturing sewing machines, set-up in 1945 by the British promoters, follows formal organisation culture in totality. It is facing a lot of problems in delays in decision-making. As the result, it is not able to adapt to changing business environment. The workforce is also not motivated since they can not vent their grievances except through formal channels, which involve red tapes. Employee turnover is high. Its market share is also declining due to changed circumstances and the business environment. Give reasons in terms of benefits, it will derive from the changes suggested by you. In which sectors can the company diversify, keeping in mind the declining market for the product that the company is manufacturing? |
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| 1924. |
If borrowing and other liabilities are added to the budget deficits we get_______________ : |
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Answer» If borrowing and other liabilities are added to the budget deficits we get |
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| 1925. |
To decrease the number of crimes in city Y, the city’s Police Commissioner proposed taking some police officers from low-crime districts of the city and moving them to high-crime districts of the city. His proposal is based on city Y crime data that show that the number of crimes in any district of the city decreases when additional police officers are moved into that district. The Police Commissioner’s proposal depends on which of the following assumptions? |
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Answer» To decrease the number of crimes in city Y, the city’s Police Commissioner proposed taking some police officers from low-crime districts of the city and moving them to high-crime districts of the city. His proposal is based on city Y crime data that show that the number of crimes in any district of the city decreases when additional police officers are moved into that district. The Police Commissioner’s proposal depends on which of the following assumptions? |
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| 1926. |
What is meant by foreign exchange reserve? |
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Answer» What is meant by foreign exchange reserve? |
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| 1927. |
An increase in foreign income has which of the following effects? |
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Answer» An increase in foreign income has which of the following effects? |
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| 1928. |
What is Green Revolution? Why was it implemented and how did it benefit the farmers? Explain in brief. |
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Answer» What is Green Revolution? Why was it implemented and how did it benefit the farmers? Explain in brief. |
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| 1929. |
In the year 1971, country X spent 9% of its GDP on defence and in the year 1991, it spent 15% of its GDP on defense. Then what is the difference in the amounts spent on defence in these two years? |
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Answer» In the year 1971, country X spent 9% of its GDP on defence and in the year 1991, it spent 15% of its GDP on defense. Then what is the difference in the amounts spent on defence in these two years? |
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| 1930. |
From the following data, calculate Gross National Product at Market Price by: (a) Income method (b) Expenditure method 1.Mixed income of self employed4002.Compensation of employeees5003.Private final conosumption expenditure9004.Net factor income from abroad−205.Net indirect taxes1006.Consumption of fixed capital1207.Net domestic capital formation2808.Net exports−309.Profits35010.Rent11.Interest15012.Government final consumption expenditure450––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––– OR Categorise the following as final and intermediate good. Give reasons: (a) Machine purchased by a household (b) Machine purchased by a firm (c) Machine purchased for resale purpose |
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Answer» From the following data, calculate Gross National Product at Market Price by:
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| 1931. |
Which of the financial institutions was set up in 1990 for the promotion, financing and development of micro, small and medium enterprises? |
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Answer» Which of the financial institutions was set up in 1990 for the promotion, financing and development of micro, small and medium enterprises? |
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| 1932. |
Do you think India has scope in handloom and handicrafts exports? |
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Answer» Do you think India has scope in handloom and handicrafts exports? |
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| 1933. |
Broad money comprises of: |
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Answer» Broad money comprises of: |
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| 1934. |
If the multiplier is 4 and the total deposits are 1,00,000, calculate the secondary deposits. |
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Answer» If the multiplier is 4 and the total deposits are 1,00,000, calculate the secondary deposits. |
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| 1935. |
Credit cards issued by the banks: |
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Answer» Credit cards issued by the banks: |
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| 1936. |
Following are the institutional sources of agricultural credit except |
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Answer» Following are the institutional sources of agricultural credit except |
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| 1937. |
Coins of the early days lacked one key property of money, which led the royalty to start issuing these coins. Which property was this? |
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Answer» Coins of the early days lacked one key property of money, which led the royalty to start issuing these coins. Which property was this? |
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| 1938. |
Which of the following are indicators of health? |
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Answer» Which of the following are indicators of health?
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| 1939. |
How to find log of 129.7 using log table? |
| Answer» How to find log of 129.7 using log table? | |
| 1940. |
Which of the following makes GDP an inappropriate index of welfare? |
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Answer» Which of the following makes GDP an inappropriate index of welfare? |
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| 1941. |
Which of the following refers to the ability to work together and comprises goodwill in private enterprises? |
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Answer» Which of the following refers to the ability to work together and comprises goodwill in private enterprises? |
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| 1942. |
Which bank is launching India’s first integrated lifestyle and banking digital service platform? |
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Answer» Which bank is launching India’s first integrated lifestyle and banking digital service platform? |
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| 1943. |
A Company X Ltd. is setting up a new plant in India for manufacturing auto components. India has a highly competitive and cost-effective production base in this sector. Many reputed car manufacturers source their auto components from here. X Ltd is planning to capture about 40% of the market share in India and also export to the tune of at least $ 5 million in about 2 years of its planned operations. To achieve these targets it requires a highly trained and motivated workforce. You have been retained by the company to advise it in this matter. While giving answer keep in mind the sector, the company is operating. Which sources of recruitment should the company rely upon? Give reasons for your recommendation. |
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Answer» A Company X Ltd. is setting up a new plant in India for manufacturing auto components. India has a highly competitive and cost-effective production base in this sector. Many reputed car manufacturers source their auto components from here. X Ltd is planning to capture about 40% of the market share in India and also export to the tune of at least $ 5 million in about 2 years of its planned operations. To achieve these targets it requires a highly trained and motivated workforce. You have been retained by the company to advise it in this matter. While giving answer keep in mind the sector, the company is operating. Which sources of recruitment should the company rely upon? Give reasons for your recommendation. |
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| 1944. |
(a) How does depreciation of domestic currency affect the exports? (b) How does Make in India project affect foreign exchange rate? |
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Answer» (a) How does depreciation of domestic currency affect the exports? (b) How does Make in India project affect foreign exchange rate? |
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| 1945. |
As a result of double counting, national income is: |
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Answer» As a result of double counting, national income is: |
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| 1946. |
In which of the following ways can deficit in the budget be financed? |
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Answer» In which of the following ways can deficit in the budget be financed? |
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| 1947. |
Which of these countries are major oil suppliers to India? |
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Answer» Which of these countries are major oil suppliers to India? |
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| 1948. |
'Devaluation and depreciation of currency are one and the same thing'. Do you agree? How do they affect the exports of a country? |
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Answer» 'Devaluation and depreciation of currency are one and the same thing'. Do you agree? How do they affect the exports of a country? |
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| 1949. |
Progressive tax is a tax which is: |
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Answer» Progressive tax is a tax which is: |
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| 1950. |
___ is the agricultural practice of producing or growing a single crop, plant, or livestock species, variety, or breed in a field or farming system at a time. |
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Answer» |
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