TNPSC Economics Online Test - 2

Question: 6

India has

(A) Socialistic economy

(B) Gandhian economy

(C) Free economy

(D) Mixed economy

Question: 7

ISO -9000 certificate is a stringent quality control standard for electronic goods that is essential for any Indian exporter to compete in International markets. It is issued by the

(A) British Standard Institution

(B) Bureau of Indian Standards

(C) U.N. Export Agency

(D) None of these

Question: 8

Which of the following organisations has recently rated India as the sixth largest economy in the world?

(A) Asian Development Bank

(B) European Economic Community

(C) International Monetary Fund

(D) World Bank

Question: 9

India is more experiencing an annual rate of growth of prices which may be apply characterized as

(A) Suppressed Inflation

(B) Hyper Inflation

(C) Normal Inflation

(D) Stagflation

Question: 10

The inflation experienced in the country at present is

(A) unrealistic inflation

(B) cost-push inflation

(C) secondary inflation

(D) galloping inflation