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General Science
➤ Economics ➤ 2
Question 6
Q6.
Deficit financing leads to inflation in general, but it can be checked if
government expenditure leads to increase in the aggregate supply in ratio of aggregate demand
only aggregate demand is increased
all the expenditure is denoted national debt payment only
All of the above
Question 7
Q7.
If all the banks in an economy are nationalized and converted into a monopoly bank, the total deposits
will decrease
will increase
will neither increase nor decrease
None of the above
Question 8
Q8.
The association of the rupee with pound sterling as the intervention currency was broken in
1990
1991
1992
1993
Question 9
Q9.
One of the reasons for India's occupational structure remaining more or less the same over the years has been that
investment pattern has been directed towards capital intensive industries
productivity in agriculture has been high enough to induce people to stay with agriculture
ceiling on land holdings have enabled more people to own land and hence their preference to stay with agriculture
people are largely unaware of the significance of transition from agriculture to industry for economic development
Question 10
Q10.
Development expenditure of the Central government does not include
defence expenditure
expenditure on economic services
expenditure on social and community services
grant to states
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