Economics – Fill in the Blank – GK Questions

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Showing 121–140 of 166 questions
economics hard Fill in the Blank Macroeconomics - Cycles UPSC Prelims, SSC CGL

The economic condition characterized by stagnant economic growth, high unemployment, and simultaneously high inflation is known as ___.

  1. stagflation
  2. drives out
  3. National Income
  4. rivalrous (or unregulated common)
economics easy Fill in the Blank Macroeconomics - Inflation SSC, Railway, UPSC

The current base year for calculating the Wholesale Price Index (WPI) in India is ___.

  1. 2011-12
  2. TRIMs (or Trade-Related Investment Measures)
  3. open market borrowings (or debt / bonds)
  4. Current
economics hard Fill in the Blank Macroeconomics - Inflation UPSC Prelims, SSC CGL, Banking

The phenomenon where the current year's inflation rate appears artificially high or low simply due to the unusually high or low base prices of the previous year is known as the ___ effect.

  1. open market borrowings (or debt / bonds)
  2. multiplier
  3. OPHI
  4. base
economics medium Fill in the Blank Public Finance - Institutions UPSC Prelims, SSC CGL

According to the recommendations of the 15th Finance Commission, the vertical devolution (states' share) in the divisible pool of central taxes is kept at ___%.

  1. 41
  2. NDTL
  3. low (or zero / no)
  4. Countercyclical
economics medium Fill in the Blank Public Finance - Taxation UPSC Prelims, SSC, Railway

The Goods and Services Tax (GST) Council, which makes recommendations on GST rates and thresholds, is constituted under Article ___ of the Constitution.

  1. dividend (or window of opportunity)
  2. 279A
  3. quantitative
  4. final
economics medium Fill in the Blank Public Finance - Budgeting UPSC Prelims, SSC CGL, Railway

Article ___ of the Indian Constitution mandates that the President shall cause to be laid before Parliament the 'Annual Financial Statement', commonly known as the Union Budget.

  1. PT
  2. short
  3. 112
  4. rivalrous (or unregulated common)
economics easy Fill in the Blank Financial Markets - Capital Market SSC, Railway, UPSC

The market that deals in long-term funds and securities with a maturity period of more than one year is called the ___ market.

  1. dumping
  2. NPCI (or National Payments Corporation of India)
  3. drives out
  4. capital
economics easy Fill in the Blank Financial Markets - Regulation SSC, Railway, Banking

The Securities and Exchange Board of India (SEBI) was given statutory powers through an ordinance in the year ___.

  1. Solow (or Solow-Swan)
  2. Production
  3. 1992
  4. indirect
economics medium Fill in the Blank Financial Markets - Money Market Banking, SSC, Railway

Certificates of Deposit (CDs) are issued by ___ and financial institutions to raise bulk funds from the market.

  1. banks
  2. InvITs (or Infrastructure Investment Trusts)
  3. John Maynard Keynes
  4. IDA
economics medium Fill in the Blank Banking - Regulation Banking, SSC, UPSC

The RBI's regulatory framework for identifying and supervising weak banks is commonly known as the ___ framework.

  1. first
  2. PCA (or Prompt Corrective Action)
  3. 40
  4. Green
economics hard Fill in the Blank Banking - Monetary Policy UPSC Prelims, Banking

The Standing Deposit Facility (SDF) rate serves as the floor of the RBI's liquidity adjustment corridor and is set ___ the Repo Rate.

  1. below
  2. Leverage
  3. Skewflation
  4. gig
economics medium Fill in the Blank Microeconomics - Consumption UPSC Prelims, SSC CGL

According to ___ Law, as a family's income increases, the proportion of its income spent on food decreases, even if the absolute expenditure on food rises.

  1. bracket creep (or fiscal drag)
  2. Engel's
  3. Vote on Account
  4. not (or never)
economics medium Fill in the Blank Indian Economy - Poverty UPSC Prelims, SSC CGL

The Global Multidimensional Poverty Index (MPI) is published jointly by the UNDP and the ___.

  1. anticommons
  2. Veblen
  3. OPHI
  4. India Debt Resolution Company Ltd (IDRCL)
economics easy Fill in the Blank Macroeconomics - Unemployment SSC, Railway, UPSC

The short-term unemployment that occurs when workers are transitioning between jobs or searching for their first job is known as ___ unemployment.

  1. drives out
  2. social
  3. milk
  4. frictional
economics medium Fill in the Blank Indian Economy - Schemes UPSC, SSC, Banking

Ayushman Bharat - Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) provides a health insurance cover of up to Rs. ___ per family per year for secondary and tertiary care hospitalization.

  1. Okun's
  2. 5 lakh
  3. decrease (or reduce / lower)
  4. less
economics medium Fill in the Blank Indian Economy - Agriculture SSC CGL, Railway NTPC, UPSC

The Food Corporation of India (FCI) was established in the year ___ under the Food Corporations Act, 1964.

  1. 1965
  2. countervailing
  3. Mobile
  4. Engel's
economics medium Fill in the Blank International Economics Railway, SSC

Quota is a ___ restriction on trade.

  1. tangent
  2. quantitative
  3. Washington
  4. National Income
economics medium Fill in the Blank International Economics UPSC, SSC

FERA was replaced by ___.

  1. multiplier
  2. rivalrous (or unregulated common)
  3. Capital
  4. FEMA
economics medium Fill in the Blank Indian Economy UPSC, SSC

Demographic dividend is due to ___ age group.

  1. notice
  2. working
  3. Consumer Price Index (CPI)
  4. Triffin