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Free download PDF of Banking Awareness multiple choice questions(mcqs) and answers for IBPS Exam. These banking awareness quiz objective questions answers include mcqs on green index, gross national product, net domestic investment etc.
(11)
Which sectors of Indian Economy contributes largest to the gross national product?
[A]
Tertiary sector
[B]
Secondary sector
[C]
Primary sector
[D]
Public sector
[E]
None of these
Comment
(12)
The concept of ‘Net Domestic Investment’ refers to
[A]
The difference between the market value and book value of outstanding capital stock
[B]
The amount of machinery and equipment used up in producing the GDP in a given year
[C]
Total investment less the amount of investment goods used up in accomplishing the year’s production
[D]
Gross domestic investment less net exports
[E]
None of the above
Comment
(13)
Which of the following is not included in the estimates of National Income?
[A]
Sale of collector’s items
[B]
Cost of government services
[C]
Market rent of self-owned house
[D]
Addition to inventory, but not sale of the company’s products
[E]
None of the above
Comment
(14)
Which of the following is one of the measures of economic growth of a country?
[A]
Number of companies listed on the stock exchanges
[B]
Number of foreign nationals working in a country
[C]
Gross domestic product of the nation
[D]
Volume of direct investment made by foreign countries
[E]
All of the above
Comment
(15)
What is a green index?
[A]
It measure’s the nations export
[B]
It measures the nation’s wealth according to GNP per capita
[C]
It measures the nation’s wealth according to GDP per capita
[D]
It measures the nation’s wealth in terms of coverage of forest area
[E]
It measures the nation’s wealth according to provisions of control on greenhouse gases
Comment
(16)
When the growth of GDP in a country slows down suddenly, people start losing their jobs and the situation continues several weeks, this state of economy is known as:
[A]
Economic boom
[B]
Recession
[C]
Inflation
[D]
Deflation
[E]
None of these
Comment
(17)
In India, the National Income is measured on the basis of
[A]
Flow of goods only
[B]
Number of employed youth only
[C]
Volume of tax collected per annum
[D]
Earning of people working in PSUs and government jobs
[E]
All of the above
Comment
(18)
Which of the following is not an apex institution?
[A]
SBI
[B]
NABARD
[C]
SIDBI
[D]
State Cooperative Bank
[E]
None of the above
Comment
(19)
The term ‘Gross National Happiness’ was coined by
[A]
European Union
[B]
Maqbool Hoque
[C]
Bhutan’s king
[D]
Amartya Sen
[E]
None of these
Comment
(20)
Who amongst the following economists gave the concept of ‘economies of scale’, which says ‘many goods and services’ can be produced more cheaply in long series?
[A]
Paul Krungman
[B]
Edmund S Phelps
[C]
Gary S Becker
[D]
Amartya Sen
[E]
Edward C Prescott
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