161. How many Navratnas CPSEs (Central Public Sector Enterprises) are there in India?
1. 16
2. 19
3. 18
4. 21
Option “A” is correct There were 16 Navratnas CPSEs – Bharat Electronics Limited, Container Corporation of India Limited, Engineers India Limited, Hindustan Aeronautics Limited, Hindustan Petroleum Corporation Limited, Mahanagar Telephone Nigam Limited, National Aluminium Company Limited, National Buildings, Construction Corporation Limited, NMDC Limited, Neyveli Lignite Corporation Limited, Oil India Limited, Power Finance Corporation Limited, Power Grid Corporation of India Limited, Rashtriya Ispat Nigam Limited Rural Electrification Corporation Limited, Shipping Corporation of India Limited.
162. Demand curve will shift forward, when ______.
1. Price of complementary good falls
2. Price of substitute goods decreases
3. Income of the consumer falls
4. Price of complement good increases
Option “A” is correct A shift in the demand curve is when a determinant of demand other than price changes. Demand curve will shift forward, when Price of complementary good falls.
163. What is the full form of NNP?
1. Normal Net Production
2. Net National Product
3. Normal National Produce
4. Net Normal Produce
Option “B” is correct Net National Product (NNP) refers to Gross National Product (GNP), i.e. the total market value of all final goods and services produced by the factors of production of a country or other polity during a given time period, minus depreciation.
164. ‘Inclusive Growth’ was the objective of which Five Year Plan?
1. Tenth
2. Eleventh
3. Twelfth
4. Ninth
Option “B” is correct India’s government has made “inclusive growth” a key element of their policy platform, stating as a goal. The agenda for inclusive growth was envisaged in the Eleventh Plan document which intended to achieve not only faster growth but a growth process.
165. The Steel plants of Bhilai, Durgapur and Rourkela were established under which Five Year Plan?
1. Second
2. Fourth
3. Fifth
4. Sixth
Option “A” is correct The Second Plan was particularly in the development of the public sector and “Rapid Industrialisation”. Bhilai, Durgapur, and Rourkela were established with the help of Russia, Britain (the U.K) and West Germany respectively during this plan.
166. Which of the following is the prime reason for inflation?
1. Decrease in money supply
2. Increase in money supply
3. Decrease in supply of goods
4. Increase in government cash
Option “B” is correct Inflation is a sustained rise in the general price level. It can be caused due increase in the money supply. Due to increase in money supply consumers demand increase faster than production which leads toward inflation.
167. What is Disposable Personal Income?
1. Personal Income + Subsidies
2. Personal Income – Subsidies
3. Personal Income – Direct Taxes
4. Personal Income – Indirect Taxes
Option “C” is correct Disposable personal income is the total amount of money available for an individual or population to spend or save after taxes have been paid.
168. What is the full form of CRR?
1. Cash Return Ratio
2. Cash Reserve Ratio
3. Cash Revenue Ratio
4. Cash Return Reserve
Option “B” is correct CRR is Cash Reserve Ratio. It is the amount of funds that the banks have to keep with the RBI. If the central bank decides to increase the CRR, the available amount with the banks comes down.
169. What is the full form of NSDL?
1. National Society Development Limited
2. National Securities Depository Limited
3. National Social Development Limited
4. National Safety Development Limited
Option “B” is correct National Securities Depository Limited (NSDL) is an Indian central securities depository based in Mumbai. It was established on 8 November 1996 as the first electronic securities depository in India with national coverage based on a suggestion by a national institution responsible for the economic development of India.
170. If exports equal imports then, which of the following relations will be true?
1. GDP = GNP
2. GDP > GNP
3. GDP < GNP
4. None of these
Option “C” is correct GDP refers to and measures the domestic levels of production in a country. GNP measures the levels of production of all the citizens or corporations from a particular country working or producing in any country. Thus, if exports equal imports then GNP is more than GDP.
