Economics (CLAT General-Knowledge(GK)): Questions 129 - 135 of 153

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Question number: 129

» Economics

MCQ▾

Question

Which one of the following statements is correct?

Fiscal Responsibility and Budget Management Act (FRBMA) concerns-

Choices

Choice (4) Response
a.

fiscal deficit only

b.

fiscal and revenue deficit

c.

revenue deficit only

d. All of the above

Question number: 130

» Economics

MCQ▾

Question

The highest sector wise contribution to gross domestic saving comes from-

Choices

Choice (4) Response
a.

cooperative sector

b.

private corporate sector

c.

household sector

d.

public sector

Question number: 131

» Economics

MCQ▾

Question

Which of the following Mahatma Gandhi series of currency notes issued by the RBI has ‘ecology’ depicted on it?

Choices

Choice (4) Response
a.

Rs. 100

b.

Rs. 5

c.

Rs. 500

d.

Rs. 50

Question number: 132

» Economics

MCQ▾

Question

Which of the following is not a method of estimating National Income?

Choices

Choice (4) Response
a.

Expenditure method

b.

Export-import method

c.

Value-added method

d.

Income method

Question number: 133

» Economics

MCQ▾

Question

The International Bank for Reconstruction and Development (IBRD) is better known as-

Choices

Choice (4) Response
a.

IMF

b.

It is known by its name

c.

Asian Development Bank

d.

World Bank

Question number: 134

» Economics

MCQ▾

Question

Which of the following Mahatma Gandhi series of currency notes issued by the RBI has a drawing of the ‘Parliament House’ depicted on it?

Choices

Choice (4) Response
a.

Rs. 500

b.

Rs. 100

c.

Rs. 50

d.

Rs. 10

Question number: 135

» Economics

MCQ▾

Question

Devaluation of Currency by a country is meant to lead to-

  1. expansion of import trade
  2. promotion of import substitution
  3. expansion of export trade

Choices

Choice (4) Response
a.

2 and 3

b.

only 1

c.

1 and 3

d.

1 and 2

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