INDIAN ECONOMY MOCK TEST – CHAPTER 28
There are 10 questions in this test. Each question carries 2 marks. There is no negative marking. Although, there is no time limit, the suggested duration to finish the exam is 10 minutes. Also, you need to complete the exam in one session only.
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Question 1 of 10
1. Question
2 point(s)Which of the following statements are CORRECT regarding Asian Development Bank (ADB) ?
- It is headquartered in Beijing.
- It has less than 40 members.
- India is the founding member.
- Its President has always been from Japan.
CorrectIncorrect -
Question 2 of 10
2. Question
2 point(s)Which of the following statements regarding Asian Development Bank is INCORRECT ?
CorrectIncorrect -
Question 3 of 10
3. Question
2 point(s)Which of the following is/are objectives of the Asian Development Bank ?
- Promote economic growth.
- Boost infrastructure development.
- Address climate change.
CorrectIncorrect -
Question 4 of 10
4. Question
2 point(s)Consider the following statements about New Development Bank (NDB) –
- It is headquartered in China.
- Any member country of the United Nations can become its member.
- Pakistan and Bangladesh are the members.
Which of the above statements is/are CORRECT ?
CorrectIncorrect -
Question 5 of 10
5. Question
2 point(s)Where is the regional office of New Development Bank located ?
CorrectIncorrect -
Question 6 of 10
6. Question
2 point(s)In the context of Asian Infrastructure Investment Bank (AIIB), consider the following statements –
- AIIB has more than 80 member countries.
- India is the largest shareholder in AIIB.
- AIIB does not have members outside from outside Asia.
Which of the statements given above is/are CORRECT ?
CorrectIncorrect -
Question 7 of 10
7. Question
2 point(s)Which of the following countries is/are the members of a Asian Infrastructure Investment Bank (AIIB) ?
- Rwanda
- Uganda
- Benin
- Djibouti
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Question 8 of 10
8. Question
2 point(s)Which one of the following groups of items is included in India’s foreign exchange reserves ?
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Question 9 of 10
9. Question
2 point(s)Consider the following statements –
- Poverty Reduction and Growth Facility (PRGF) has been established by the International Development Association (IDA) to provide further assistance to low-income countries facing high levels of indebtedness.
- Singapore Regional Training Institute (STI) is one of the institutes that provide standing in macro economic analysis and policy and related subjects as a part of programme of the IMF institute.
Which of the statements given above is/are correct ?
CorrectIncorrect -
Question 10 of 10
10. Question
2 point(s)Which one of the following is correct regarding stabilisation and structural adjustment has two components of the new economic policy adopted in India in 1991 ?
CorrectIncorrect