Tuesday Economy Quiz #14

tuesday

Hello Everyone,

Here are the set of questions on Economy. Attempt this quiz and write your answer in comment section. We will publish the result with detailed explanation at 5 PM.

[Questions]

Q.1  Consider the following statements. 

1.Bharat Bill Payment system works only online

2.Bharat Bill Payment Central Unit (BBPCU) will be a single authorized entity operating the BBPS

Which of the statement/s given above is/are correct?

a)1 only

b)2 only

c)Both 1 and 2

d)Neither 1 nor 2

 

Q.2 Consider the following statements. Which of them is/are correct?

1.Refinance facilities is an instrument of Monetary Policies.

2.Open market operations have objective of injection/absorption of liquidity

Select the answers from the codes given below:

a)1 only

b)2 only

c)Both 1 and 2

d)Neither 1 nor 2

 

Q.3 When the Reserve Bank of India buy back government securities from the open market, which of the following is likely to happen?

a) GDP tends to decrease

b) Liquidity in the market contracts

c)There is a probability of rise in inflation

d) None of the above

 

Q.4 Consider the following statements regarding fiscal consolidation:

1. Increasing the indirect taxes is a better approach towards fiscal consolidation as compared to increasing the direct taxes.

2. Disinvestment of PSUs leads to fiscal consolidation.

3. Increased public spending by the government leads to fiscal consolidation

Which of the above statement(s) is/are true?

a) 1 and 2 only

b) 2 and 3 only

c) 2 only

d) 1, 2 and 3

Q.5 Which of the following can be reasons for WPI being in negative territory ?

1. Fall in commodity prices

2. Fall in prices of services

Select the correct answer using the codes given below:

a) 1 only

b) 2 only

c) Both 1 and 2

d) None of these

 

Q.6 Presence of large number of inefficient firms can indicate the following:

1. Crowding out of private sector

2. Less tax revenue for the government

Select the correct answer using the codes given below:

a) 1 only

b) 2 only

c) Both 1 and 2

d) None of these

 

Q.7 Which of the following may adversely affect a bank’s capacity to lend?

1. Increasing levels of NPAs

2. High interest rate on small saving schemes

3.  Increase in CRR and SLR ratios by RBI

Select the correct answer using the codes given below:

a) 1 and 3 only

b) 1 and 2 only

c) 2 and 3 only

d) 1, 2 and 3


Comments

19 responses to “Tuesday Economy Quiz #14”

  1. Vijay Karthik Avatar
    Vijay Karthik

    As for me its good. some days , preparing enthusiastically and completing the task well ahead of fixed timings but some days ,very slow. for example , i revise the chapters like 11-15 in the polity in 3 hrs but the same topics in some days take even 8 hrs. But it doesn’t matter . Any how i pray god to keep me in the stage where i wanted to be.

  2. Rudrani M Avatar
    Rudrani M

    Read that few days back in livemint article… Going on slowly… How’s your prep?

  3. 1-c
    2-c
    3-b
    4-d
    5-d
    6-c
    7-d

  4. nucleus Avatar
    nucleus

    1.B
    2.C
    3.C
    4.D
    5.C
    6.C
    7.D

  5. Vijay Karthik Avatar
    Vijay Karthik

    Ur all answers are correct. keep it up. But how did u know the 1st and 2nd questions’ answers ? moreover how is ur preparation?

  6. Gautam Himanshu Avatar
    Gautam Himanshu

    1. B
    2. B
    3. C
    4. C
    5. C
    6. C
    7. D

  7. Nitesh Mishra Avatar
    Nitesh Mishra

    1. B
    2. B
    3. C
    4. C
    5. A
    6. C
    7. A

  8. Checkmate Avatar
    Checkmate

    1 C
    2 C
    3 C
    4 C
    5 C
    6 C
    7 A

  9. VSHJKM Avatar
    VSHJKM

    1- 2b 3c 4a 5a 6- 7a

  10. Minzy Bhardwaj Avatar
    Minzy Bhardwaj

    -,c,c,c,d,d,a

  11. Rudrani M Avatar
    Rudrani M

    1. B
    2. C
    3. C
    4. C
    5. A
    6. C
    7. D

  12. Atul Das Avatar
    Atul Das

    B B C C A C D

  13. 1 B
    2 B
    3 C
    4 C
    5 A
    6 B
    7 D

  14. crazy_comrade Avatar
    crazy_comrade

    1d 2b 3c 4c 5a 6a 7d

  15. B C C D A A D

  16. 1.B
    2.B
    3.C
    4.C
    5.A
    6.C
    7.D

  17. 1b, 2b,3c,4a,5a,6c,7d

  18. kingka2 Avatar
    kingka2

    B,B,C,B,B,B,D

  19. Last Bench Avatar
    Last Bench

    1a, 2c, 3c, 4b, 5a, 6c, 7d.

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