General Competition Magic Economics Quiz

January 15, 2016    

DEAR READER'S
As you know the  level of question is getting higher by  each passing exam we are here with the new concept  called "MAGIC QUIZ" , these quizes will help you to learn 20 more new concepts  when you find their solutions.


1. Which of the following policies can be helpful in tackling demand-pull inflation?
(1) Quantitative Easing
(2) Austerity Measures
(3) Fiscal Stimulus
(4) Deficit Financing
Select the correct answer from the codes given below:
(a) 1 only
(b) 2 only
(c) 1, 2 and 3 only
(d) 2 and 3 only


2. Consider the following statements
(1) Gross Enrolment Ratio (GER) is the ratio of number of children enrolled at a given level per 1,000 of population.
(2) GER can take a maximum value of 100.
Which of the above statements is/are correct?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2


3. Arrange the following food grains in the descending order of their contribution to total food grains production in India
(1) Wheat
(2) Rice
(3) Pulses
(4) Coarse Cereals
Select the correct answer from the codes given below:
(a) 1-2-4-3
(b) 1-2-3-4
(c) 2-1-3-4
(d) 2-1-4-3


4. Which of the following statement(s) is/are correct about employment situation in India in the last five years?
(1) Employment growth has stagnated.
(2) Share of Agriculture in total employment has been decreasing.
(3) Number of employment opportunities in Manufacturing sector has been decreasing.
(4) Female labour force participation has increased.
Select the correct answer from the codes given below:
(a) 1 and 3 only
(b) 1 and 4 only
(c) 1, 2 and 3 only
(d) 1, 2, 3 and 4


5. Consider the following statements:
(1) Effective Rate of Protection is the weighted average of import tariff that a country imposes on its major trading
partners.
(2) While nominal tariff rate is more important for the producers, effective rate of protection is a matter of concern for
the consumers.
Which of the above statements is/are correct?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2


6. Whenever imported input is admitted duty free or a lower tariff rate is imposed on input rather than on final commodity.
(a) Effective rate of protection is higher than nominal tariff rate.
(b)Effective rate of protection is lower than nominal tariff rate
(c) Effective rate of protection is the same as nominal tariff rate
(d) Effective rate of protection is higher or lower than nominal tariff rate depending on the difference between tariff on input and final product


7. Import Coverage ratio refers to
(a) Share of imports in total GDP of the country
(b) Share of imports in the total trade of the country
(c) Share of imports subject to tariff barriers
(d) Share of imports subject to non-tariff barriers


8. Which of the following instrument(s) is/ are traded on stock markets?
(1) Share futures
(2) Currency futures
(3) Commodity futures
(4) American Depository Receipts
Select the correct answer from the codes given below:
(a) 1 and 2 only
(b) 1, 2 and 4 only
(c) 1, 3 and 4 only
(d) 1, 2, 3 and 4


9. Which of the following sector(s) is/are included in Shadow Banking in India?
(1) Chit Funds
(2) Money Market Funds
(3) Gold Loan Companies
(4) Exchange Traded Funds
(5) Non-Banking Financial Companies
Select the correct answer from the codes given below:
(a) 1 only
(b) 1, 2 and 3 only
(c) 1, 3 and 4 only
(d) 1, 2, 3, 4 and 5


10. Arrange the following instruments in ascending order of risk associated with them
(1) Debentures
(2) Ordinary Shares
(3) Futures
(4) Mutual Funds
Select the correct answer from the codes given below:
(a) 1-2-3
(b) 1-4-3
(c) 4-1-2-3
(d) 1-4-3-2


Sahre your answers.................!!!!!!!!!!!
General Competition Magic Economics Quiz 4.5 5 Yateendra sahu January 15, 2016 DEAR READER'S As you know the  level of question is getting higher by  each passing exam  we are here with the new concept  called ...


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