Economic Survey 2021 Daily Quiz 05


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#1. The Sovereign ratings of India has been very negative, what impact it may have on economy? i. Increase of Foreign investment. ii. May create financial market instability. iii. will increase consumption in the economy. Select the correct answer from the codes given below.

#2. The term BBB-1Baa3 is associated with:

#3. What is Gini coefficient? i. It measures the distribution of income across population. ii. It is used as a tool to measure inequality in Society. iii. The coefficient ranges from 0 to1, with 0 represents perfect inequality and 1 represents perfect equality. Select the correct answer from the code given below.

#4. Consider the following statements in the context of economy, the difference between poverty and inequality: i. Poverty refers to the degree of dispersion in the distribution of assets, income or consumption. ii. Inequality refers to the assets, income or consumption of those at the bottom of distribution. Which of the above statements is/are true?

#5. With reference to external debt of India consider the following statements: i. India’s Sovereign external debt as percentage of GDP stood at around 4% in 2020. ii. More than half of the India’s Sovereign external foreign currency denominated debt was owed to multilateral institution and International Monetary Fund. Which of the above statement is/are correct?


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