Economic and Social Issues (ESI) Quiz 5 : For NABARD AND RBI June 18, 2020June 10, 2021 Please enter your email: 1. Trickle-down theory ignores the impact of economic growth on Investment Savings Income distribution Consumption None of the above 2. Who is the present RBI Governor ? Urjit patel Shaktikanta Das Raghuram Rajan Viral Acharaya None of the above 3. The major objective of monetary policy is to increase the government’s tax revenue revamp the Public Distribution System Promote economic growth with price stability weed out corruption in the economy None of the above 4. Which is not a feature of a capitalist economy? Right to private property Existence of competition Service motive Freedom of choice to consumers None of the above 5. Which exchange rate is the relative price of foreign goods in terms of domestic goods. Artificial exchange rate Nominal exchange rate Fixed exchange rate Real exchange rate None of the above 6. Which tax causes a burden on the poorer section of the society? Direct Tax Indirect Tax Both Direct and Indirect Tax None of these 7. An economic system combining private and state enterprise is called as _____ Market economy Centrally planned economy Private economy Mixed economy None of the above 8. ‘Neo-Malthusian Theory’ is associated with which issue? Employment Poverty Resource scarcity Income None of the above 9. Balance of Trade is the difference between which factors? Country’s Income and Expense Country’s Exports and Imports Country’s Tax Revenue and Expense Country’s capital inflow and outflow None of the above 10. An increase in the growth rate of the nominal money supply results in Lower rate of inflation Higher rate of inflation Lower interest rates Currency appreciation None of the above Loading …
