Economic Survey 2021 Daily Quiz 04


Share your score!
Tweet your score!

#1. Considered the following statements about precautionary savings. I. It is indicated by the rise of saving in the Pradhan mantri jandhan yogana (PMJDY) account. II. Uncertainty amides the covid-19 health crises gave rise to precautionary savings. III. It may lead to demand shocks in economy. Select the answer using the code given below.

#2. What is the meaning of Wealth Effect?

#3. The term Recardian Equivalence mentioned in the Economy survey 2020-21 is related to.

#4. Which of the following statement is/are correct about Crowding out effect in India? I. It is an economy theory that relates with the rising Public expenditure, Private spending decreases. II. In India increase in Public spending not necessarily mars private investment. III. Public expenditure leads to multiplier effect which results in Crowd in private investment as well. Select the correct answer using the codes given below.

#5. With reference to state of India’s Debt consider the following statement: i. India’s public debt to GDP has been lowest among the BRICS. ii. The external debt is only 2.7% of GDP. iii. Public debt has always been low in India. Which of the above statement is/are correct?


Leave a Reply