Q. 96. The objective of India’s Foreign Policy 2023 is/are:
(a) To double India’s goods and services exports from $760 billion by 2030.
(b) Districts Export Hub to be established
(c) The Policy also plans to launch a special Advance Authorisation Scheme for the clothing and apparel sector. Choose the correct code:
(A) a, b and c
(B) b and c
(C) Only c
(D) Only a
Answer:
Explanation:
Q. 97. Arrange the following in chronological order:
(a) Establishment of EXIM Bank of India.
(b) First phase of Nationalisation of banks
(c) Establishment of Narashimam Committee on Banking.
Choose the correct option:
(A) abc
(B) bca
(C) bac
(D) cab
Answer:
Explanation:
Q. 98. Business Cycle is a cyclical upswing, and downswings of aggregate economic activity follow the path of four phases:
(A) Peak, recession, trough and boom
(B) Peak, depression, trough and boom
(C) Peak, recession, trough and recovery
(D) Peak, depression, bust and boom
Answer:
Explanation:
Q. 99. Which of the following is true about the term Hawkish Stance is used in the economy?
(A) Monetary policies should maintain low-interest rates to increase inflation
(B) Monetary policies should maintain high-interest rates to reduce inflation.
(C) Monetary policies priority is to maintain a growth rate only.
(D) Monetary policies is to maintain low-interest rates to support growth.
Answer:
Explanation:
Q. 100. The Mercantilist Theory of Economic growth is concerned with the increase in the:
(A) money supply
(B) size of population
(C) utilisation of resources
(D) balance of trade
Answer:
Explanation:
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