Explore the Economy: A Quiz on BOP and Agricultural Reforms
Explore the Economy: A Quiz on BOP and Agricultural Reforms
Test your knowledge on the dynamics of foreign exchange rates, balance of payments (BOP), and agricultural reforms in India. This quiz features a variety of questions that will challenge your understanding of economic principles and historical reforms.
Topics Covered:
- Balance of Payments
- Exchange Rates
- Agricultural Reforms in India
- Current Economic Issues
Increase in foreign exchange rate leads to _____ in BOP
Improvement
Deterioration
No effect
Cross-border transactions are recorded in
Govt budget
BOT
BOP
Both B and C
Time period between 1991 to 2003 is known for
Green Revolution
Golden Revolution
White Revolution
Blue Revolution
Purchase of shares of Microsoft by TATA will be recorded in ____ account and _____ side of BOP
Current Acc Debit side
Current Acc Credit side
Capital Acc debit side
Capital Acc credit side
Floating exchange rate is fixed by
Govt
Central bank
Market forces
Under managed floating, when exchange rate rises very highly, what should Central Bank do?
Supply foreign exchange
Demand foreign exchange
Either a or B
Not intervene
Agricultural reforms introduced during 1950s are comprised of which of the following
Abolition of intermediaries
Land reforms
Removal of land settlement system
All
____ is not a cause of poverty
Debt trap
Unemployment
Economic growth
Both a and c
In which year planning commission was replaced?
1990
2010
2015
2020
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