Welcome to your polityquiz43
1.
Increase in absolute and per capita real GNP do not connote a higher level of economic development,if: [2018]
2.
Despite being a high saving economy, capital formation may not result in significant increase in output due to: [2018]
3.
Which of the following has/have occurred in India after its liberalization of economic policies in 1991? [2017]
 Share of agriculture in GDP increasedÂ
enormously.
- Share of India’s exports in world trade increased.
- FDI inflows increased.
- India’s foreign exchange reservesÂ
increased enormously.
Select the correct answer using the codes given below:
4.
With reference to India economy, consider the following statements: [2015]
- The rate of growth of real Gross DomesticÂ
Product has steadily increased in the last decade.
- The Gross Domestic Product at market prices (in rupees) has steadily increased in the last decade
Which of the statement given above is/are correct?
5.
The problem of international liquidity is related to the non-availability of: [2015]
6.
A decrease in tax to GDP ratio of a country indicates which of the following? [2015]
- Slowing economic growth rates
- Less equitable distribution of nationalÂ
income
Select the correct answer using the code given below.
7.
Economic growth in country X will necessarily have to occur if? [2013]
8.
The national income of a country for a given period is equal to the __? [2013]
9.
Under which of the following circumstances may 'capital gains' arise? [2012]
- When there is an increase in the sales of a product
- When there is a natural increase in the value of the property owned
- When you purchase a painting and there is a growth in its value due to increase in its popularity
Select the correct answer using the codes given below:
10.
In the context of Indian economy, consider the following statements? [2011]
- The growth rate of GDP has steadilyÂ
increased in the last five years.
- The growth rate in per capita income has steadily increased in the last five years.
Which of the statements given above is/are correct?
