QUIZ ON ECONOMIC SURVEY
1. The Economic Survey, prepared by:
a) Arvind Subramanian
b) Arun jaitely
c) Jayant Sinha
d) All of these
2. It said the benefits were given to the well-off on small savings schemes and tax or subsidy policies on six commodities. Which one is not under those:
a) Aviation Fuel
b) Kerosene
c) Petrol
d) Gold
3. Economic Survey 2015-16 projects that the real GDP growth for the current financial year and for 2016-17 will be in the range of ………..
a) 7 – 8 %
b) 7.5 – 8 %
c) No Change
d) 7 – 7.5 %
4. The Economic Survey enumerated three downside risks. Which one is not among them
a) oil prices rise would increase the drag from consumption
b) options a) and c)
c) turmoil in global could worsen the outlook of exports.
d) Subsidy in LPG will hampered the Growth
5. CPI inflation seen around 4.5 to ……. in 2016/17
a) 5%
b) 6%
c) 7%
d) 6.5%
6. 2016 – 17 current account deficit seen around …….. of/in GDP
a) 1-2%
b) 1-1.5%
c) 1.5-2%
d) No change
7. Estimated capital requirement for banks likely around Rs …… trillion by 2018/19
a) 1.9
b) 2.2
c) 2.0
d) 1.8
8. To infuse capital in state-run banks what Government is planning to do?
a) To sell off Non Financial Companies
b) To reduce its shares from Banks
c) To sell Government Securities
d) All of the above
9. The Ministry of Finance is an important ministry within the Government of India. It concerns itself with
a) taxation
b) financial legislation
c) financial institutions
d) All of the above
10. Who was the first Finance Minister of India?
a) John Mathai
b) C.D. Deshmukh
c) Moraji Desai
d) Liaquat Ali Khan
