Economics Previous Questions from PSC, UPSC, IBPS and SSC

CRIS stands for 

Conside the statements and choose the correct answer. Which of the following taxes is/are levied and collected by union and distributed to states

a) Taxes on income other than agricultural income

b) Tax on tobacco

c) Sales tax

d) Corporation tax

Which of the following world body helped India to solve river dispute with Pakistan

In the balance of payment account, the transfer payments are included in which one of the following 

Identify the advantages of international trade from the list and choose the correct answer from the codes given below.

1. Dumping
2. Optimum allocation of resources
3. Increase output
4. Develop internal infrastructure

Value of Imports / Value of Exports = ..............

Match the following and select the correct response :

Import of raw material and intermediate goods are called as

Which is not the immediate causes for the creation of New International Economic order

GATT was replaced of 

Special Drawing Rights (SDRs) are created to 

A subsidiary money issued by the government is a

In Friedman's Restatement of Quantity theory of money, the supply of money is

"Money, interest and prices" is a moumental work of

Which one of the following is not the objective of portfolio management of commercial banks 

The principal motive of open market operation is to influence the reserves of commercial banks and

The variable Reserve ratio as a method of credit control was first suggested by

According to Friedman, the relationship between Demand for money and general price level is 

When price rises very faster rate, such inflation is 

According to Friedman, Inflation is always a

Capital consumption allowance refers to

The economic freedom enjoyed in a market economy implies

The concept of Liberal Socialism was propounded by

In the Ricardian theory of rent, he takes the transfer earnings of land as

Mrs. Joan Robinson has given clear expression to the 

According to Malthus, the population of a country would be double itself in every

Karl Marx was the founder of

Constant capital is one which is used for 

The Gandhian doctrine of trusteeship is an alternative to

Which one of the following is a transfer payment