Eco-Quiz

1) What is
the full
form FII?
2) What are
the two main
types of
Inflation?
 3)When Econom
ic
activity of an
economy is in
decline, then it is
called ……
a) Deflation
b) Boom
c) Stagflation
d) Recession
 4)Which of the
following is/are a
n
example of Reve
nue
Receipts?

a) Disinvestmen
t in
PSU
b) Tax Receipts
c) Loans Recove
red by
Governments
d) Stamp duties
 5)What is the na
me
of the third bank
that
was merged by
Government of In
dia
in 2018, other tw
o
being Bank Of
Baroda, Vijaya
Bank?
 6)What is the na
me
of Institutions wh
o
regulates Indian
Stock Market an
d
look Stock
Exchanges
conducts fairly?
 7)Which of the
following goods
are
rival but
non-excludable

a) Club Goods
b) National Defe
nse
c) Common-Poo
l
Resource
d) Cruise Tour
Name the two
popular Stock
Exchange of Ind
ia.
 Which of the follo
wing
form of policy fro
m
government can
help in
solving cyclical
‘Unemployment’
?

a) Contractionary
Monetary
b) Expansive Fis
cal
c) Expansive Mo
netary
d) Contractioanry
Fiscal.
 In the process of
manufacturing o
f single
pencil, the cost o
f
collecting raw m
aterial is
0.85 and cost of
turning
that raw materia
l into
pencil is 1 Rs.
While calculating
GDP the
pencil will contrib
ute a
sum of 1.85 Rs to
the
GDP.
a)True
b)False
Arrange in the ord
er
of liquidity :-

Fixed deposits, C
ash,
Share(Direct buy
ing),
Mutual Funds
 What type of
unemployment is
found in
the agriculture se
ctor of
India?

(a) Disguised
Unemployment
(b) Voluntary
unemployment
(c) Frictional une
mployment
(d) None of the a
bove
Paragraph type
categorize them as cost 1)a)A city is face
push inflation/demand d with
earthquakes. Th
pull/both e city
mainly dependen
t on its
own agricultural
fields for
their food and bu
t
agricultural activ
ities have
stopped due to
earthquake. The
city is
facing problem o
f inflation
on food.
Paragraph type
categorize them as cost
push inflation/demand b)Now after som
e time
pull/both people have mig
rated to
another city to su
rvive. This
city also exclusiv
ely
depends on their
agricultural fields
for their
food. Farming w
as possible
here but after ea
rthquake it
is tough for farm
ers to grow
crops. The city is
facing
problem of inflati
on on food.
Paragraph type 2)a) Ambani has
recently
tweeted about his
plans on
expanding to Jio
fobre all across
India. What are th
e possible
outcomes of this
tweet :-

1)Stock prices o
f Jio have
increased.
2)Stock prices o
f Vodafone
have decreased.
3)Stock prices o
f Jio have
decreased.
4)No effect on st
ock prices
of Jio.
Paragraph type

b) Jio identifies th
is NEWS
and realizes that
the
circulated NEWS
is
completely fake
and they
have no plans on
Expanding.
Jio decides not re
veal the
reality because N
EWS has
caused stock pri
ces to go up.
In long run if fake
news keep
on circulating the
company
might face a thre
at/condition
called ______ in
economics.