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AE & JE Non-tech Quiz : Basic Introduction to Indian Economics

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Question 1

All monetary transfers or kinds sent by migrants to their place or origin are called ____.

Question 2

Open Market Operations involves which of the following?

Question 3

Expenditure method of calculating GDP focusses on the ________ side of products.

Question 4

The three methods of calculating income does not include

Question 5

Which of the following is the index of prices of a given basket of commodities which are bought by the representative consumer?

Question 6

One of the main task post-independence was to decide on the type of economic system most suitable for India. Consider the following statements.
1) Jawaharlal Nehru was in favour of socialism as established in the former Soviet Union.
2) India moved with the mixed economy mainly due to the opposition from other leaders.
3) With mixed economy, India sought an alternative to the capitalism and socialism concepts.
Select the incorrect ones.

Question 7

Establishment of Chittaranjan Locomotive took place during which Five Year Plan?

Question 8

Which of the following Five Year Plan brought a formal discontinuation of the Mahalnobis strategy in the Indian Economy?

Question 9

Which of the following is the most widely used tool of monetary policy?

Question 10

Banking sector belongs to
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Aug 19AE & JE Exams