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Home Questions & Answers General Knowledge Economics Question Answers

    Under which of the following circumstances may 'capital gains' arise?
    • 1. When there is an increase in the sales of a product.
    • 2. When there is a natural increase in the value of the property owned
    • 3. When you purchase a painting and there is a growth in its value due to increase in its popularity
    Select the correct answer using the codes given below :

  • 1 only
  • 2 and 3 only
  • 2 only
  • 1, 2 and 3

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The Reserve Bank of India (RBI) acts as a bankers' bank. This would imply which of the following?
  • 1. Other banks retain their deposits with the RBI.
  • 2. The RBI lends funds to the commercial banks in times of need.
  • 3. The RBI advises the commercial banks on monetary matters.
Select the correct answer using the codes given below :
In India in the overall Index of Industrial Production, the indices of Eight core Industries have a
combined weight of 37.90%. Which of the following are among those Eight Industries?
  • 1. Cement
  • 2. Fertilizers
  • 3. Natural gas
  • 4. Refinery products
  • 5. Textiles
Select the correct answer using the codes given below:
Consider the following specific stages of demographic transition associated with economic
development:
  • 1. Low birthrate with low death rate
  • 2. High birthrate with high death rate
  • 3. High birthrate with low death rate
Select the correct order of the above stages using the codes given below:
A market economy is one in which
The growing country is one with 

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