List of top Economics Questions

NABARD was established in the year:
`Great Leap Forward' (GLF) campaign in China was initiated in 1958 to:
When were the economic reforms (New Economic Policy) introduced in India?
The architect of Indian Planning was:
In which year was the first Five-Year Plan started in India?
Explain the process of `Credit Creation' by Commercial Banks with a numerical example.
Explain the `Banker to the Government' function of the Central Bank.
Explain the concept of `Deflationary Gap' with the help of a diagram.
Distinguish between `Revenue Receipts' and `Capital Receipts' in a Government Budget.
Distinguish between `Involuntary Unemployment' and `Voluntary Unemployment'.
Explain the `Store of Value' function of money.
Calculate `Compensation of Employees' (COE) from the following data :
Identify the correct statement:
If the Legal Reserve Ratio (\(LRR\)) is 20%, the Money Multiplier will be:
``Unilateral Transfers'' are recorded in which account of BOP?
When the exchange rate of domestic currency rises in a managed floating system, it is called:
Which of the following is NOT a function of the Central Bank?
Purchase of a car by a household is an example of:
Supply of money refers to:
Assertion : \(APC\) can be greater than 1.
Reason (R): At very low levels of income, consumption can exceed income.
If \(MPC = 0.5\), what will be the value of the Investment Multiplier (\(K\))?
"The strategic sale of a public sector undertaking and the minority sale of its equity are both established instruments of disinvestment." Defend or refute, the given statement with valid arguments.
(ii) Mr. Ravi, an IT entrepreneur from Bengaluru, observed that several MNCs prefer India as their outsourcing hub for services like software development, customer support, data management etc. His friend Priya believes this is due to certain inherent advantages of the Indian economy. In your opinion, state and explain any two factors that make India a preferred outsourcing destination.
(i) Discuss any two objectives which were aimed at, by the introduction of Financial sector reforms by the Government of India during economic reforms of 1991.
"The British sought to achieve their vested interest through their policies of infrastructural development in India." Do you agree with the given statement? Justify your answer with valid explanation.