Mock Test

Defense Atomic Energy Electricity Generation Railways

A court judgment A voluntary agreement between parties Assistance by a neutral third party to resolve a dispute A complete work stoppage

Total government expenditure and total government revenue. Government's revenue receipts and government's revenue expenditure. Government's capital receipts and government's capital expenditure. Government borrowings and government revenue.

Is downward sloping Is upward sloping Is perfectly elastic Is perfectly inelastic

International Finance Corporation (IFC) International Bank for Reconstruction and Development (IBRD) Multilateral Investment Guarantee Agency (MIGA) International Development Association (IDA)

Trade in goods Trade in services Primary income (compensation of employees, investment income) Secondary income (current transfers)

Increase its imports. Reduce its exports. Borrow from abroad or sell assets to finance the deficit. Reduce its foreign exchange reserves.

Individuals are unable to escape poverty due to various barriers Economic growth leads to increased poverty Government policies intentionally create poverty Poverty only exists in rural areas

A refusal of workers to work A refusal of employers to hire A negotiation session A company meeting

Non-Performing Asset Net Profit After Tax National Payment Authority New Pension Account

Increased job security for all workers A shift towards contractual and casual employment Reduced demand for skilled labor A nationwide increase in minimum wages

Profit Revenue Cost Productivity

To encourage imports To limit the quantity of specific imported goods To provide financial assistance to exporters To ban all trade with a particular country

Maximizing returns on forex investments Ensuring stability in the external value of the rupee and managing balance of payments Facilitating all outward remittances by individuals Controlling capital flows to promote domestic investment

Expansionary fiscal policy Contractionary fiscal policy Neutral fiscal policy Monetary policy

To manage the exchange rate. To provide confidence in the domestic currency. To finance an unsustainable Current Account surplus. To meet international payment obligations.

Universal healthcare Universal elementary education Rural development Financial inclusion

Initial Public Offering Indian Private Ownership Investment Portfolio Operations International Public Order

All other factors change All other factors remain constant Only the price changes Only the quantity changes

Increases with economic development and then decreases. Decreases with economic development and then increases. Remains constant throughout economic development. Increases monotonically with economic development.