World Economy

World Economy

Easy Questions
Moderate Questions
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Indian Economy

Nature of Indian Economy
National Income in India
Planning in India
Population of India
Natural Resources of India
Infrastructure
Social Sectors
Agriculture
World Economy
Industry
Money
Banking
Public Finance
Foreign Trade
International Organisations
Centre-State Relations
Public Service Commission-1
Election Commission
Goods and Service Tax
Emergency Provisions
Constitutional Amendments
Order of Precedence
Indian economy miscellaneous
  1. Foreign currency which has a tendency of quick migration is called








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    Foreign currency which has a tendency of quick migration is called hot currency.

    Correct Option: A

    Foreign currency which has a tendency of quick migration is called hot currency.

  1. Which sister organisation of the World Bank provides long term loans at zero interest to poorest developing countries ?








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    The International Development Association (IDA) is an international financial institution which offers concessional loans andgrants to the world's poorest developing countries. The IDA is a member of the World Bank Group and is headquartered in Washington, D.C., United States. It was established in 1960 to complement the existing International Bank for Reconstruction and Development by lending to developing countries which suffer from the lowest gross national income, from troubled creditworthiness, or from the lowest per capita income.

    Correct Option: C

    The International Development Association (IDA) is an international financial institution which offers concessional loans andgrants to the world's poorest developing countries. The IDA is a member of the World Bank Group and is headquartered in Washington, D.C., United States. It was established in 1960 to complement the existing International Bank for Reconstruction and Development by lending to developing countries which suffer from the lowest gross national income, from troubled creditworthiness, or from the lowest per capita income.

  1. Which one of the following items has gained the highest growth rate in the import composition of the Indian Economy in the last decade ?








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    The items gold and silver have gained the highest growth rate in the import composition of the Indian economy in the last decade.

    Correct Option: B

    The items gold and silver have gained the highest growth rate in the import composition of the Indian economy in the last decade.

  1. Which one of the following is related with the Atkinson,s index of an economy ?








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    The Atkinson index is a measure of income inequality developed by British economist Anthony Barnes Atkinson. The measure is useful in determining which end of the distribution contributed most to the observed inequality.

    Correct Option: A

    The Atkinson index is a measure of income inequality developed by British economist Anthony Barnes Atkinson. The measure is useful in determining which end of the distribution contributed most to the observed inequality.

  1. The standard of living in a country is represented by its








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    Per capita income, also known as income per person, is the mean income of the people in an economic unit such as a country. Per capita income is often used to measure a country's standard of living.

    Correct Option: B

    Per capita income, also known as income per person, is the mean income of the people in an economic unit such as a country. Per capita income is often used to measure a country's standard of living.