INDIAN ECONOMY MOCK TEST – CHAPTER 4
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Question 1 of 5
1. Question
2 point(s)Which of the following propositions constitute Washington Consensus ?
- Fiscal Prudence.
- Increase in farm subsidies.
- Privatisation.
- Government Regulation.
CorrectIncorrect -
Question 2 of 5
2. Question
2 point(s)Which of the following can lead to Balance of Payment Crisis in an economy ?
- Decrease in total remittances received.
- Increase in the value of total imports.
- Decrease in the value of total exports.
- Printing of currency.
CorrectIncorrect -
Question 3 of 5
3. Question
2 point(s)Which of the following activities would lead to fiscal prudence/consolidation in an economy ?
- Reducing Fiscal Deficit.
- Reducing Revenue Deficit.
- Reducing tax to GDP ratio.
- Contractionary Monetary Policy
CorrectIncorrect -
Question 4 of 5
4. Question
2 point(s)Fiscal Responsibility and Budget Management (FRBM) Act was passed by India in which year ?
CorrectIncorrect -
Question 5 of 5
5. Question
2 point(s)Which of the following is not an initiative of NITI Aayog ?
CorrectIncorrect