Economic and Social Issues (ESI) Quiz 3 : For NABARD & RBI June 18, 2020June 10, 2021 Please enter your email: 1. In Deficit financing, the government borrows money from which organization? International Monetary Fund Ministry of Finance Reserve Bank of India World Trade Organization None of the above 2. What will you call a system of taxation under which the poorer sections are taxed at higher rates than the richer sections? Progressive tax Proportional tax Regressive tax Degressive tax None of the above 3. National Income of India is compiled by which institute? Finance Commission Indian Statistical Institute National Development Council Central Statistical Organization None of the above 4. World’s first green Islamic bond was issued by which country? Indonesia Malaysia Saudi Arabia Iraq None of the above 5. In a cut motion, when the amount of demand is reduced by Rs 100/- , it is known as Disapproval of policy cut Economy cut Vote on Account Token cut None of the above 6. An increase in the money supply will cause interest rates to ___________ rise fall remain unchanged No option is correct 7. In which market form, a firm does not exercise control over price? Monopoly Perfect competition Oligopoly Monopolistic competition None of the above 8. What does the Lorenz curve deal with? Inflation Unemployment Income distribution Poverty None of the above 9. Which institute governs the Money supply in India? Planning Commission Finance Commission Reserve Bank of India Commercial Banks None of the above 10. When the demand for a good increases with an increase in income, such a good is called___________ Superior good Giffin good Inferior good Normal good None of the above Loading …
