Smartindia Classroom
CONTENTS
English
Economics
History & Civics
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Question-1
Indian plans are mainly financed through _________________
(A)
Public revenue
(B)
Borrowing
(C)
Deficit fiancing
(D)
All of these
Question-2
Full employment means _______________
(A)
Most of the people are employed
(B)
Resources are fully utilized
(C)
Production is maximum
(D)
All of these
Question-3
Which one is not the main components of fiscal policy?
(A)
Public revenue
(B)
Cash reserve ratio
(C)
Public debt
(D)
Public expenditure
Question-4
Full employment is a situation in which _________________ unemployment is zero.
(A)
Involuntary
(B)
Voluntary
(C)
Disguised
(D)
Frictional
Question-5
_________________ unemployment is a situation in which a person willing to work at the exiting wage rate can not find jobs.
(A)
Involuntary
(B)
Voluntary
(C)
Disguised
(D)
Frictional
Question-6
_________________ unemployment is a temporary unemployment phenomenon.
(A)
Structural
(B)
Voluntary
(C)
Disguised
(D)
Frictional
Question-7
Keynes argued that fluctuation in employment and output are due to fluctuation in ________________
(A)
Deflation
(B)
Higher levels of output
(C)
Private expenditure
(D)
None of these
Question-8
Extreme from of recession is known as _____________
(A)
Depression
(B)
Recession
(C)
Boom
(D)
Recovery
Question-9
____________ major factor of long term increase in the standard of living of the people.
(A)
Economic growth
(B)
Economic development
(C)
Economic stability
(D)
All of these
Question-10
The main aim of fiscal policies are __________________
(A)
Economic stability
(B)
Full employment
(C)
Economic growth
(D)
All of these
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Plus 2 Humanities
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