Match List-I with List-II and select your answer using the code given below:
Business Cycle Symptoms in Economy
1. Slackness A. Low demand, low inflation, high unemployment, voluntary retirement scheme prevalent
2. Stagnation B. Low demand, low inflation, increase in rate of unemployment
3. Depression C. Low demand, Low inflation, growth rate not increasing, investment takes place
4. Recession D. Low demand, low inflation, high unemployment, forced labour cut in practice
Select the correct statement/statements about a 'life insurance' company using the code given below:
In a joint-stock life insurance company, the company has no capital to begin with.
In a mutual-stock life insurance company, thecompany has some capital to commence its business with.
Select the correct statement/statements using the code given below:
A 'forward contact' binds the seller and buyer to pay and deliver the commodity on an agreed price on a future date.
A 'forward trade' allows the seller and buyer of shares to postpone payment and defer delivery.
Consider the following statements and select the incorrect code:
'Dual Rate of Exchange' is a kind of 'fixed exchange rate system'.
In 'Dual Rate of Exchange', there are two rates of exchange for a currency one derived by the IMF and the other derived by the economy who owns the currency.
Select the correct statement/statements related to fiscal policy making using the code given below:
The proposition that a government should borrow only for investment' and not to finance the 'current expenses' is known as the 'golden rule' of budgeting.
The proposition of 'golden rule' basically, developed from the idea of 'zero-based budgeting' and 'balanced budgeting.'
Select the incorrect statement/statements about theconcept 'Gini Coefficient', using the code given below:
1. It is an inequality indicator in an economy, which was developed taking the clue from the 'Phillips curve'.
2. The coefficient varies from zero to one-where zero shows absolute inequality and one indicates the situation of perfect equality.
3. It has been a highly useful tool in achieving perfect equality in Finland, Norway and Sweden.
The mortgages with initial low, fixed interest rates which escalate to a high floating rate after they switch from fixed to flexible interest, rates are known as
Select the correct difference between the NEER and REER:
Which of the following laws suggests that 'attempts by a central bank to regulate the level of lending by banks imposing certain controls can be circumvented by the banks searching alternatives out of the regulatory preview'?
'Greater Fool Theory' used in the stock market stands for:
Consider the following statements and select the correct code given below:
Governments in modern time avoid issuingcurrency without having matching securities in gold.
Almost all modern governments today depend on fiduciary issue.
Name the famous theory of economics, which analyses the situations involving two or more interacting decision makers with competing and conflicting interests, which also has its application in the formulations of nuclear strategies, ethics and evolutionary theory:
Select the correct statement about the 'Fisher Effect':
The provision under which a foreign company offers shares to its employees overseas is known as:
Select the correct statement regarding 'environmental audit':
Consider the following statements and select the correct code: 'Go-Go fund' is a highly speculative mutual fund operating in the USA with the objective of earning low profits but .on steady basis. 'Performance fund' operates in the USA as amutual fund adopting risky strategies for thepurpose of earning high profits in a volatile capital market.
Which of the following is applied as a measure by the governments to neutralise the negative impact of fiscal drag?
Select which of the following situation/situations is/are not related to 'forced saving' using the code given below:
It induces involuntary reduction in the consumption level of the people.
It happens either by tax increase or indirectly as a consequence of higher inflation.
Select the incorrect statement(s) regarding 'equity linked saving schemes (ELSS)' using the code given below:
They are offered by mutual fund companies, but unlike the mutual funds, they do not have a lock-in period.
They fall under 'low risk' and 'high return' category.
Consider the-statements given below and select the correct code:
In a situation of a 'fiscal drag', tax receipts of the government increases.
There is a general downturn in the total demand in the economy due to 'fiscal drag'.
Select the correct statement about the Market Based Instruments (MBIs) approach to managing environment:
Select the incorrect statement related to the IMF from the list given below:
Match List-I with List-II and select yow answer using the code given below:
Type of Currencies Meanings
1. Near Money A. A hard currency exiting an economy
2. Dear Currency B. Money flowing after sale of government bonds
3. Hot Currency C. A currency depreciating due to flight of a hot currency
4. Heated Currency D. A mortgaged property
Select the incorrect statement/statements about'full capital account convertibility' to a currency, using the code given below:
In this situation, the currency is allowedunprohibited cross-border movements-usuallysuggested to be good for an economy, whichdoes not want the investible capital to take flight from the economy
Article-VIII of the IMF makes it obligatory forevery member country to allow this to their respective currencies
Consider the following statements and select the correct one/ones using the code given below:
1. Fed Rate is the US counterpart of India's Repo Rate.
2. The official rate for the call Money Market in India is the current Repo Rate, which is announced by the RBI.
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