Select the correct statement about 'zero- coupon bond' from the following
Select the correct one/ones out of the following, which are related to the lending business in general:
Interest is considered in modern economics as a reward to the lender for covering the lending risk.
Charging exorbitant interest rate or even charging interest is known as 'usury'.
Select the correct statement, which defines the 'third generation of economic reforms' in India:
An economy is following the policies given below:
Creating self-employment sources with high speed
Cutting its expenditures on the heads of ' salaries, subsidies and pension
Promoting public-private partnerships in the infrastructure sector
Select the correct outcome which the economy wants out of such a policy:
Select the incorrect one/ones out of the following statements related with the idea 'x-inefficiency':
The concept suggests that firms operate at higher costs than their minimum attainable costs.
Large companies usually do not face this crisis due to effective environment of competition in which they operate.
Consider the following statements and select thecorrect one/ones using the code given below:
Most economic transactions are in some sense 'positive-sum games'.
But in popular discussion of economic issues, there are often examples of ' mistaken zerosum mentality'.
At times, profit comes at the expense ofwages-tigher productivity means fewer jobs, and 'imports mean fewer jobs here'-are the situations of 'mistaken zero-sum mentality'.
Select the incorrect one/ones about the meaning of 'privatization' from the list given below, using the code:
The process of de-nationalisation
Divesting the shares of the government-owned companies
De-licensing, dismantling permit and quota, allowing foreign investment, etc
Select the correct statement which defines 'wildcat strike':
Which of the following Nobel laureates in Economics sees development in terms of ' freedoms' and 'capabilities'?
Which of the following five year Plans was first to see the visible influence of the 'Washington Consensus'?
Select the incorrect statement/statements about 'underwriters' using the code given 'below:
They are financial firms also known as Merchant Banks registered with the RBI in India.
In case a share has been under-subscribed, they need to buy all the unsold shares on a fee.
Their service is like an insurer while shares are being issued.
Select the major reasons for price rise in most ofthe developing economies from the list givenbelow:
Follow-up to the policy of deficit financingtogether with the burden of carrying huge nondevelopmentalexpenditures
Printing of fresh currencies to meet theirexpenditures
Levels of aggregate production lagging behind he levels of simultaneous aggregate deman
Consider the following statements and select the correct one/ones about the 'Veblen effect' using the code given below: 1. Consumers may have an 'upward-sloping demand curve' as opposed to a 'downwardsloping demand curve' because they practise conspicuous consumption. 2. Quantity demanded of a particular good varies directly with a change in price.
Select the correct statement/statements about 'yield gap' using the code given below:
It is a method of comparing the performance of bonds and shares in an economy.
It is calculated by subtracting average returns on shares from the average refurns on bonds.
Consider the following statements and select the correctnes using the code given below:
Market cost' is 'factory price' added with all thedirect taxes.
'Market cost' and 'ex-factory price' are different things
'Maximum Retail Price' and 'market cost' are the same
One of the two categories of measures, which India decided to take in the reform period was 'microeconomic stabilisation'. What was the main objective of this?
Emphsis on which of the following policy
measure/measures will promote the cause of reform with human face'in India?
Cutting down non-plan expenditure
Making social sector activities more and more Mrket-based
Promoting private sector's participation in rimary education, healthcare and skill evelopment sectors
Select the correct code for the term 'hard currency':
Currency of the economy with huge current ccount surplus.
Currency of the economy having high echnology exports, which are compulsory mports for most of the world economies.
The currency, which is given such a omenclature by the IMF
Select the correct element/elements of indicative planning' using the code given below: 1. Compulsive policies with dominance of quantitative targets 2. Incentivising kind of policies with lower emphasis on quantitative targets. 3. Suitable for mixed and market economies, which cannot be followed in a state economies.
Select the statement, which correctly defines the difference between 'factor cost' and 'factory price':
Select the policy decision/decisions a government should take to promote foreign investments in the economy:
Allowing full convertibility to its currency in current and capital accounts
Reducing or withdrawing the 'withholding tax'
Prohibitory laws for its nationals for overseas investments
Which of the following is/are correct about the famous 'Washington Consensus'?
It recognises the limits of a state-dominated economy
It was usually seen as a corollary of promoting'naked capitalism'.
The view promoted by it is also known as 'neo-liberalism'.
Select the correct set of determinants which the process of the 'second generation of economic reforms' includes in India, using the code givenbelow: 1. Factor Market Reforms 2. Reforms in the government institutions 3. Public Sector Reforms 4. Legal System Reforms
Consider the following statements and select the correct code give below:
The value of total goods demanded in an economy is always identically equal to the total value of goods supplied.
Statement 1 is correct in the case of modern economies only that use currencies as the mode of exchange, but does not hold correct if it is a barter economy.
Select the incorrect statement from the list given below regarding an economy following deficit financing:
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