NTA-NET (Based on NTA-UGC) Economics (Paper-II): Questions 215 - 218 of 1011

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Question number: 215

» Indian Economy » Agriculture » New Agricultural Policy

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Appeared in Year: 2014

MCQ▾

Question

About minimum support price, find out the correct combinations:

I. If market price is higher, farmers will sell to the government.

II. It ensures minimum assured price for the produce of the farmers.

III. It helps in food security mission.

IV. This is highly rewarding to farmers because they earn huge profits on their produce. (June)

Choices

Choice (4) Response

a.

II & IV

b.

I, II & IV

c.

II, III & IV

d.

II & III

Question number: 216

» Development and Planning » Trade » Plan Models in India

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Appeared in Year: 2014

MCQ▾

Question

What is the essence of wage goods model explained by Professor P. R. Brahmananda in the Indian economy context? (June)

Choices

Choice (4) Response

a.

It tells about low wage rate for labor in the economy.

b.

It tells about low wage rate in the agriculture.

c.

It tells about the impact of the shortage of food items on the wage rate and growth rate of the economy.

d.

It tells about shift of labor from agriculture to industry.

Question number: 217

» Indian Economy » Money and Banking » RBI-Recent Monetary and Credit Policies

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Appeared in Year: 2017

MCQ▾

Question

If the Reserve Bank of India wishes to decrease the money supply, it should

Choices

Choice (4) Response

a.

Buy treasury bills in the open market

b.

Lower the reserve requirements

c.

Raise the discount rate

d.

Raise statutory liquid ratio

Question number: 218

» International Economics » Theory of Regionalism at Global Level » Collapse of Bretton Wood System (For SET)

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Appeared in Year: 2013

MCQ▾

Question

The Bretton Woods System was based on (December)

Choices

Choice (4) Response

a.

A flexible exchange rate system

b.

A gold exchange standard

c.

A gold standard

d.

None of the above

Developed by: