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NPCIL Trainee Indian Economy — practice questions

31 free MCQs with worked solutions. Tap any question for the answer + explanation, or practice them all in the app.

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A country's fiscal deficit stands at ₹50,000 crores. It is receiving ₹10,000 crores through non-debt creating Consider the following statements: Statement I: In India, State Governments have no power for making rules forConsider the following: 1. Exchange-Traded Funds (ETF) 2. Motor vehicles 3. Currency swap Which of the above iWith reference to the sectors of the Indian economy, consider the following pairs: <table><tr><th></th><th>EcoConsider the following statements : Statement-I : Interest income from the deposits in Infrastructure Investme"Rapid Financing Instrument" and "Rapid Credit Facility" are related to the provisions of lending by which oneConsider the following: 1. Foreign currency convertible bonds 2. Foreign institutional investment with certainConsider the following statements: 1. The weightage of food in Consumer Price Index (CPI) is higher than that Which one of the following statements best describes the term 'Social Cost of Carbon'? It is a measure, in monWhat are the advantages of fertigation in agriculture? 1. Controlling the alkalinity of irrigation water is poThe Global Competitiveness Report is published by theConsider the following statements : 1. Coal sector was nationalized by the Government of India under Indira GaIn the context of India, which of the following factors is/are contributor/contributors to reducing the risk oWith reference to India's Five-Year Plans, which of the following statements is/are correct? 1. From the SeconConsider the following statements: 1. Purchasing Power Parity (PPP) exchange rates are calculated by comparingAmong the agricultural commodities imported by India, which one of the following accounts for the highest impoWhat is/are the most likely advantages of implementing 'Goods and Services Tax (GST)? 1. It will replace multiWhat is the purpose of ‘Vidyanjali Yojana’? 1. To enable the famous foreign educational institutions to open tThe term 'Base Erosion and Profit Shifting' is sometimes seen in the news in the context of'Global Financial Stability Report' is prepared by theWith reference to inflation in India, which of the following statements is correct?Which of the following has/have been accorded 'Geographical Indication' status? 1. Banaras Brocades and SareesThe main objective of the 12th Five-Year Plan isConsider the following statements: 1. Maize can be used for the production of starch. 2. Oil extracted from maIn India, deficit financing is used for raising resources forDisguised unemployment generally meansA rise in general level of prices may be caused by 1. an increase in the money supply 2. a decrease in the aggThe Multi-dimensional Poverty Index developed by Oxford Poverty and Human Development Initiative with UNDP supWhich of the following is the chief characteristic of 'mixed farming'?The Reserve Bank of India (RBI) acts as a bankers' bank. This would imply which of the following? 1. Other banPer Capita Income (PCI) is calculated as: