Macro Economic Overview of India MCQ | 65 Free MCQs
31. Which of the following is not among the foreign investment measures in India?
a. FDI
b. FIIs
c. SLR
d. Global Depository Receipts (GDRs).
32. Which among the following is not the benefits of FDI?
a. Transfer of new technology
b. contribution to BOPs
c. family welfare
d. Human capital development
33. Which among the following is not the cost of FDI?
a. corruption
b. disturbance in domestic plans
c. attack on sovereignty and autonomy
d. social and cultural impact
34. Which among the following is not the advantage of MNCs?
a. Direct employment
b. Indirect employment
c. Cultural development
d. FDI
35. Which among the following is not the disadvantage of MNCs?
a. Profits repatriated in foreign exchange
b. FDI
c. Environmental damage
d. Loss of revenue
36. Since 1951 India has been a ……. Economy
a. Socialist
b. Mixed
c. Capitalist
d. Feudal
37. The fiscal crisis faced by the Indian econom in 1990s was caused by ………
a. Widening gap between imports and exports
b. Difference between savings and investments
c. Widening gap between government expenditure and revenue
d. Difference between aggregate demand and aggregate supply
38. Which of the following factors was one of the primary causes of the balance of payments crisis in 1991?
a. Low rate of inflation
b. Surplus budget
c. High interest rate
d. Rising oil prices
39. Which of the following sentences would best describe Indian economy?
a. High inflation, low foreign exchange reserves
b. Low inflation, low foreign exchange reserves
c. Huge current account deficit, fiscal surplus
d. Current account surplus, huge fiscal deficit
40. Which of the following measures was adopted in 1991 to stabilize the economy?
a. Banking sector reforms
b. Capital market reforms
c. Control of inflation
d. Insurance reforms
| Answer: 31)SLR 32)family welfare 33)corruption 34)Cultural development 35)FDI 36)Mixed 37)Widening gap between government expenditure and revenue 38)Rising oil prices 39)High inflation, low foreign exchange reserves 40)Control of inflation |
