TNPSC Economics Online Test - 3
Question: 11
Modern economy is one of
(A) Planned economy
(B) Open economy
(C) Cash economy
(D) Credit economy
Ans: B
Open economy
Question: 12
Which of the following is the most important objective of Indian Planning?
(A) Increasing per capita income
(B) Reducing inequality of income and wealth
(C) Increasing capital information
(D) Reducing price instability
Ans: A
Increasing per capita income
Question: 13
The largest source of saving in India since 1950 has been?
(A) persons
(B) companies
(C) nationalised industries
(D) all have contributed the same
Ans: A
persons
Question: 14
In India which of the following measures of money denotes the Broad Money?
(A) M2
(B) M3
(C) M4
(D) M5
Ans: B
M3
Question: 15
The most serious economic problems of India are
(A) Unemployment, not poverty
(B) Underdevelopment, not poverty
(C) Stagnation, not poverty
(D) Poverty and unemployment
Ans: D
Poverty and unemployment
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