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Economics - Questions and Answers

Practice questions on Economics.

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181. Who was the forerunner of the Indian Economic Planning ?
A. Motilal Nehru
B. Jawaharlal Nehru
C. Vallabh Bhai Patel
D. M. Vivesvarayya
Explanation:
182. Shri g.V. Ramadrishna, member of the Planning Commission, has been appointed Chairman of Commission to study
A. Stock Market Reforms
B. Restructuring Reserve Bank of India
C. Tax Reforms
D. Disinvestment of shares of Public Sector Undertakings
Explanation:
183. The primary objects to Unit Trust of India is
A. to assist the industries in financial difficulties
B. to diffuse the benefit of development among the masses
C. to accumulate funds for public investment expenditure
D. to promote the investment habit among those who have not been able to diversify investment risk
Explanation:
184. Deficit financing creates additinal paper currecny to fill gap between expenditure and revenue . This device aims at economic development but if it fails, it generates
A. inflation
B. devaluation
C. deflation
D. demonetisation
Explanation:
185. During the Seventh Five - Year Plan, which of the following heads of developments accounts for the largest outlay of funds ?
A. Energy
B. Transport
C. Rural Development and Agriculture
D. Education, Health and Family Planning
Explanation: