List of practice Questions

Indian System of Medicine (ISM) doesn't include :

Make a correct chronological sequence of following.
(A) Establishment of TISCO
(B) First Population census 
(C) Zamindari system
(D) Opening of Suez canal
(E) Introduction of railways
Choose the correct answer from the options given below:

Direct tax is called direct because it is collected directly from ________.

Among the followings which is not included in Capital Account Balance ?

The first and foremost role of money is that it acts as a :

In this diagram, budget line goes flater from $ P_1 P_2 \,to \,P_2 P^{'}_1 $ . The reason for budget line being flater is:

Which of the following is not a part of money supply?

The first industrial policy resolution (IPR) in independent India was introduced in year _____

Identify the correct statements from the following:
(A) When central bank buys securities without any promise to sell them later is called injecting
(B) Open market operations in buying and selling of securities by the commercial bank
(C) Open market operation leads to a change in bank rate
(D) When central bank sells securities without any promise to buy them later is called injecting
(E) RBI influences money supply through open market operations
Choose the correct answer from the options given below:

In India, Fiscal Responsibility and Budget Management Act, (FRBMA) was enacted in the year ________.

What is the General shape of Demand curve ?

Match List - I with List - II.

List I		List II
A.	Goods used in production process and are durable in character	I.	Intermediate goods
B.	Inputs for production	II.	Flows
C.	Machines in a factory	III.	Capital goods
D.	Annual profits	IV.	Stocks

Choose the correct answer from the options given below :

Among the followings which is not included in Capital Account Balance ?

The British rule in India led to.
(A) Collapse of India's world famous Handicraft industry
(B) Development of Modern industry
(C) Development of Railways
(D) Growth of education sector
Choose the correct answer from the options given below:

Current A/C of Balance of payment does not include :

Identify the Demand for foreign exchange-
A. Demand for domestic goods by foreigners
B. Purchase of financial assets of a foreign country.
C. Studying abroad
D. Transfer made by foreigners to resident
E. Import of goods
Choose the correct answer from the options given below :

Match List I with List II

List I		List II
A.	Revenue Tax Receipts	I.	Govt. Employee Received Salary
B.	Revenue Non Tax Receipts	II.	Govt. received income tax from individual
C.	Revenue Plan Expenditure	III.	Govt. received license fee
D.	Non-Plan Revenue Expenditure	IV.	Govt. school students received and day meal

Choose the correct answer from the options given below :

Match LIST I with LIST II

LIST I		LIST II
A	Ex-ante saving	I	Planned output AY
B	Multiplier	II	\(\frac{ΔY}{ΔΙ} \)
C	Aggregate supply	III	Tax on imported goods
D	Marginal Propensity to consume	IV	Specify the quantity of goods which can be imported

Choose the Correct answer from the options given below

Which of the following does not constitute the central problems of an economy ?

With an increase in marginal propensity to consume the value of investment multiplier will

Identify the type of merger in which the two companies are producing different goods and services for one specific finished product.

A die is thrown. Find the probability of getting:
(A) A number greater then 6 and
(B) A number less than 3.

A bag contains 12 white and 18 red balls. Two balls are drawn in succession without replacement. The probability that the first is red and second is white is:

In a box containing 100 bulbs, 10 are defective. The probability that out of a sample of 5 bulbs none is defective, is :

Three coins are tossed once. Probability of getting no head is :