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Economics Questions Answers
Which one of the following would be inconsistent with the Keynesian view about the effectiveness of monetary policy?
Velocity of money is relatively stable
The demand for money is unstable
The demand for money is interest sensitive
Investment demand is unstable
Velocity of money is relatively stable
What is perspective planning?
Overall appraisal of planning
Review of planning in different fields
Taking up past experience and reviewing the future in that light
Planning for future so as to meet the long term requirement of development in the country
Planning for future so as to meet the long term requirement of development in the country
Who formulated the "People's Plan" for India in 1944?
J. L. Nehru
M. N. Roy
Subhas Chandra Bose
Mahatma Gandhi
M. N. Roy
ECOMARC is a symbol related to—
Export Goods
Import Goods
Goods Safe for Environment
Best Quality Goods
Goods Safe for Environment
Which of the canons of taxations have been propounded by Adam Smith?
Economy, Elasticity, Simplicity and Sufficiency
Equity, Certainty, Convenience and Economy
Certainty, Convenience, Economy and Elasticity
Economy, Coordination, Convenience and Expediency
Equity, Certainty, Convenience and Economy
Fiscal consolidation at the Centre can be achieved by—
Rationalization of major subsidies alone
Reducing the defence expenditure only
Raising the tax-GDP ratio and rationalisation of subsidies
Minimising the Central assistance to the States
Raising the tax-GDP ratio and rationalisation of subsidies
Lump sum grant means—
A grant whose amount is sufficient to meet he expenditure
A matching and conditional grant
Grant given for a special purpose and it can be utilised only for that purpose
A grant whose amount is not dependent on any matching effort of the recipient
A grant whose amount is not dependent on any matching effort of the recipient
Geometric mean of Laspeyre's and Paasche's indices provides—
Marshall-Edgeworth Index
Bowley's Index
Fisher's Index
Kelley's Index
Fisher's Index
The 'Wage good strategy' of development was formulated by—
Amartya Sen
C. Vakil
P.C.Mahalanobis
J. Bhagwati
C. Vakil
The primary function of the Finance Commission in India is to—
distribute revenue between the Centre and the States
prepare the Annual Budget
advice the President on financial matters
allocate funds to various ministries of the Union and State Governments
distribute revenue between the Centre and the States