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Economics Quiz| UGC NET Paper 2

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Question 1

Which one of the following statements is an appropriate description of deflation ?

Question 2

Participatory Notes (PNs) are associated with which one of the following?

Question 3

Consider the following statements

1) Reserve Bank of India was nationalised on 26th January, 1950.

2) The borrowing programme of the Government of India is handled by the Department of Expenditure, Ministry of Finance.

Which of the statement(s) given above is/are correct?

Question 4

Consider the following statements regarding agricultural credit in country:
1). Non-Institutional sources of credit include moneylenders, traders and commission agents, relatives and landlords while institutional sources include co-operatives, commercial banks and regional rural banks.
2). Among cooperatives, regional rural banks and commercial banks, the maximum credit is provided by regional rural banks.
3). Share of institutional credit is more than that of non-institutional credit.
Which of the above options are correct:

Question 5

Consider the following statements:
1) Organic farming emphasis on techniques such as crop rotation, companion planting, biological pest control and mixed cropping.
2) Genetically modified organisms and nano materials are used in Organic farming.
3) Organic farming yields are generally lower than conventional farming yields.
4) Labor input per unit of yield is higher for organic systems compared with conventional production.
Which of the above options are correct:
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Nikhil VermaNikhil VermaMember since Aug 2017
# 3+ years of mentoring students for UGC NET, IBPS
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