Indian Economy - Comprehensive Mock Test 5

Question 41 Easy

A decreasing current ratio indicates?

A) a stable liquidity B) an increasing liquidity C) a strained liquidity D) satisfactory current solvency

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Question 42 Easy

DSCR indicates the ability of a company to?

A) meet its current liabilities B) service its shareholders C) meet its long term debt obligations D) raise further capital

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Question 43 Medium

A “closed economy” is a kind of economy in which?

A) Only exports take place B) The money supply is fully controlled C) Deficit financing takes place D) Neither exports nor imports take place

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Question 44 Easy

‘Take off stage’ in an economy means?

A) Economy is stagnant B) Steady growth begins C) Economy is about to collapse D) All controls are removed

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Question 45 Easy

National Development Council was set up in?

A) 1952 B) 1950 C) 1949 D) 1948

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Question 46 Medium

In which of the Five Year Plan, the weaker sections of the society got priority ?

A) Fifth B) Fourth C) Third D) None of these

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Question 47 Medium

The strategy of Rolling plan was adopted during the Prime Ministership of?

A) Indira Gandhi B) Morarji Desai C) Rajiv Gandhi D) Jawaharlal Nehru

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Question 48 Medium

During which five year plan did prices show a decline ?

A) first B) Third C) Fifth D) Sixth

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Question 49 Medium

Which one of the following bodies finalizes the Five Year Plan Proposals ?

A) Planning Commission B) National Development Council C) Union Cabinet D) Ministry of Planning

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Question 50 Easy

Indian Economy is ?

A) Socialistic Economy B) Mixed Economy C) Gandhian Economy D) Free Economy

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