This page contains General Studies subject wise Multiple Choice Questions (MCQs) on Indian Economy including Macro and Micro Economy
Budget, Financial Survey and Economy sectors like Banking, External Sector, Inflation etc. It really helps to take a look at these questions and even
better if one try to solve them in timely manner.
These General Studies subject wise MCQs are completely based on syllabus and patter of different exams including
UPSC CSE, State PSCs, SSC, CDS, CLAT and other competitive Exams.
Which of the following is/are true in respect to Indian Economy ?
1) India is the highest recipient of private remittance in the world. 2) India offers less external grants to other countries and International bodies then it receives. 3) Private remittance balance is part of calculating GNP. 4) External Grants balance is part of Calculating GNP.
Which of the following is/are true about Per Capita Income(PCI) ?
1) This is calculated by dividing GDP by population of the country. 2) This is calculated by dividing NNP by population of the country. 3) Higher the rate of depreciation, lower the CPI. 4) Depreciation does not mean a difference in PCI calculation.
Which of the following is true about "Inflation" in Indian Economy ?
1) Inflation is measured "point to point". 2) It can be represented in percentage form only and not in digits. 3) Rate of inflation is measured on the basis of price indices(WPI/CPI). 4) Inflation increases when the price of a particular good goes up and stays up for reasonable term.
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