Tuesday Economy Quiz #6

Good morning everyone, here are the 10 questions on economy provided by ForumIAS team, attempt the quiz and write your answers in comment sections.

Q.1) Match the following set of pairs:

A. WPI                            1. Department of economic affairs
B. IIP                               2. CSO
C. Economic survey      3. Office of economic advisor

Select the correct answer using the codes given below.

A      B       C
a)        2      1        3
b)        3      1        2
c)        3      2        1
d)       2      3        1

Q.2) Masala Bonds are recently in news. Consider the following statements with respect to it.
1. Masala bonds carries a risk on account of currency fluctuation.
2. Indian finance Railway corporation will issue Masala Bond to raise funds for the capital expenditure.

Which of them are incorrect?
a) Only 1
b) Only 2
c) Both 1 and 2
d) None of the above

Q.3) Global Talent competitiveness Index is released by which business school?
a) INSEAD Business school
b) London School of Economics
c) Wharton Business school
d) London Business School

Q.4) Match the following:
A. Bombay Plan                          1. Jay Prakash Narayan
B. Sarvodaya Plan                      2. JRD Tata
C. Gandhian Plan                       3. Sriman Narayan Agarwal

Select the correct answer using the  codes given below.

A       B       C
a)       3       1        2
b)       3      2        1
c)       2       1        3
d)       2       3        1

Q.5) Consider the following statements:
1. Stand up India scheme is for educated unemployed youth exclusively
2. Refinancing in it will be done through MUDRA bank.

Select the correct statement using the codes given given below:
a) 1 only
b) 2 only
c) Both 1 and 2
d) None of the above

Q.6) Consider the following statements:
1. SEZ don’t have to pay for regular duties for sale in domestic market.
2. SEZ products are cheaper than imports from FTA partner countries.

Select the correct statement using the codes given below.
a) 1 only
b) 2 only
c) Both 1 and 2
d) None of the above

Q.7) Greenfield is a term referring to:
a) Investment in renewable energy sources
b) Investment in the sports ground
c) Investment in the new manufacturing plant or workshop
d) Investment in the projects meant for greenhouse gases mitigation

Q.8) Which of the following are instruments of the Indian Money Market
1. Commercial Bills
2. Repo and Reverse Repo rate
3. Cash management bill

Select the correct answer using the codes given below.
a) 1 and 3
b) Only 2
c) 1 and 2
d) 1, 2 and 3

Q.9) Identify the correct statements:
1. NBFC can issue cheques to its customers
2. Depositor insurance facility is not available for NBFC depositor.

Select the correct statement using the codes given below.
a) Only 1
b) Only 2
c) Both 1 and 2
d) None of them

Q.10) Consider the following statement:
1. Depreciation of the currency is the decrease in price of domestic currency in terms of foreign currency under pegged exchange rate.
2. Devaluation is the decrease in the price of currency under the floating exchange rate through official route.

Select the incorrect statement using the codes given below.
a) 1 only
b) 2 only
c) Both 1 and 2
d) None of the above