
What is NABARD's primary role?
(A) To provide term loans to state Co-operative Banks
(B) To assist State Governments for share capital contribution
(C) To act as refinance institution
(D) All of the above
(B) To assist State Governments for share capital contribution
(C) To act as refinance institution
(D) All of the above


Important Questions on Economics
The sale proceeds of the Government bonds come under the budget head of:
A. Revenue Receipts
B. Current Expenditure
C, Capital Outlay
D. Capital Receipts

The term utility means:
(A) Usefulness of a commodity
(B) The satisfaction which a commodity yields
(C) The service which a commodity is capable of rendering
(D) None of the above

Under flexible exchange rate system, the exchange rate is determined by:
(A) The Central Bank of the Country
(B) The forces of demand and supply in the foreign exchange market
(C) The price of gold
(D) The purchasing power of currencies

The size of the market for a product refers to:
(A) The number of people in the given area
(B) The geographical area served by the producers
(C) The volume of potential sales of the product
(D) The number of potential buyers of the product

According to the figures released by the Reserve Bank of India, on February India's foreign exchange reserves were amounted to:

If the percentage change in demand for a commodity is at a faster rate than the percentage change in the price of the commodity, then the demand is _______.
(A) Perfectly inelastic
(B) Elastic
(C) Perfectly elastic
(D) Inelastic

National Agricultural Insurance Scheme was started in India in the year:
(A) 1997-98
(B) 2000-01
(C) 1999-2000
(D) 2002-03

The demand for money, according to Keynes, is for _____.
(A) Speculative motive
(B) Transaction motive
(C) Precautionary motive
(D) All the above motives
