10 PM Daily Current Affairs Quiz | July 20 2021

A country’s balance of trade initially worsens following a devaluation of its currency, then quickly recovers and finally surpasses its previous performance – describes which of the following?

The term “Crowding out Effect”, often seen news, is related to which of the following?

The term “Autarky” is associated with which of the following?

Consider the following statements regarding the Economic Census:
1. It is conducted by Ministry of Statistics and Programme Implementation.
2. It provides aggregated information on various operational and structural aspects of all establishments in the country.
Which of the statements given above is/are correct?

Consider the following statements regarding the Comparative Advantage:
1. It refers to easy control of Inflation by an economy.
2. It is a foundational principle in the theory of international trade.
3. The law of Comparative Advantage was propounded by John Nash.
Which of the statements given above is/are correct?

“A graph showing those combinations of the two commodities that leave the consumer equally well off or equally satisfied”- describes which of the following?

“Tarapore committee” recommendations are related to which of the following?

Consider the following statements regarding Foreign Portfolio Investment (FPI):
1. FPI has a shorter time frame for investment return.
2. Portfolio investment offers control over the business entity in which the investment is made.
Which of the statements given above is/are correct?

When an increase in one form of net exports drives up a country’s exchange rate, it is called as?