DAILY STATIC QUIZ (PYQs)
It will cover PYQs all the topics of static subjects – Polity, History, Geography, Economics, Environment and Science and technology.
Daily 5 questions (Monday to Saturday) will be posted from static topics (PYQs)
The questions will be in the quiz format so you will be able to answer them directly on the portal.
Schedule
Same cycle will be repeated from Week 6.
Make the best use of the initiative. All the best!
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Which of the following constitute Capital Account?
Select the correct answer using the codes given below:
Solution (b)
Capital account refers to the record of all the transactions of the capital inflows and capital outflows which affect a country’s foreign assets and liabilities. It deals with all the international capital trade transactions between the residents of one nation with other.
Components of capital account
Private Remittances forms a part of current account and not capital account
Solution (b)
Capital account refers to the record of all the transactions of the capital inflows and capital outflows which affect a country’s foreign assets and liabilities. It deals with all the international capital trade transactions between the residents of one nation with other.
Components of capital account
Private Remittances forms a part of current account and not capital account
Consider the following statements:
Which of the statements given above is/are correct?
Solution (a)
Solution (a)
Disguised unemployment generally means
Solution (c)
Disguised unemployment exists when part of the labor force is either left without work or is working in a redundant manner such that worker productivity is essentially zero. It is unemployment that does not affect aggregate output. An economy demonstrates disguised unemployment when productivity is low and too many workers are filling too few jobs.
Solution (c)
Disguised unemployment exists when part of the labor force is either left without work or is working in a redundant manner such that worker productivity is essentially zero. It is unemployment that does not affect aggregate output. An economy demonstrates disguised unemployment when productivity is low and too many workers are filling too few jobs.
Consider the following liquid assets:
The correct sequence of these assets in the decreasing order of liquidity is
Solution (d)
Solution (d)
In the context of Indian economy, ‘Open Market Operations’ refers to
Solution (c)
Open market operations (OMO) refers to a central bank buying or selling short-term treasurys and other securities in the open market in order to influence the money supply, thus influencing short term interest rates.
Solution (c)
Open market operations (OMO) refers to a central bank buying or selling short-term treasurys and other securities in the open market in order to influence the money supply, thus influencing short term interest rates.
