Economics Quiz 2

The Government of India has decided to vaccinate the adult population of India (with Covaxin/Covishield), without any charge. This would be categorized as ___________

____________ is not a reason for poverty in India.

In a hypothetical economy, Mr. Neeraj has deposited Rs.100 in the bank. If it is assumed that there is no other currency circulation in the economy, then the total money supply in the economy will be _________

‘Since independence, India has witnessed a considerable fall in the Infant Mortality Rate in India’ Identify which of the following may not be one of the reasons for the fall in the Infant Mortality Rate?

Prior to India's independence, the stagnation in the agricultural sector was mainly caused by ___________.

Suppose in an economy, the initial deposits of Rs. 400 crores lead to the creation of total deposits worth Rs. 4000 crores. Under the given situation the value of reserve requirements would be_______

Identify the incorrect statement from the following:

Suppose that the Balance of Trade (BOT) of a nation, exhibits a surplus of Rs. 20,000 crores. The import of merchandise of the nation is half of the exports of merchandise to the rest of the world. The value of exports would be ?______ crores.

Ms. Sakshi, an economics teacher, was explaining the concept of ‘minimum percentage of the total deposits to be kept by any commercial bank with the Central Bank of the country, as per norms and statute prevailing in the country’. From the following, choose the correct alternative which specifies towards the concept explained by her?

Identify the correct statement from the following: