The 'Debt to GDP ratio' in India is monitored as part of which framework? MCQ with Answer and Explanation

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The 'Debt to GDP ratio' in India is monitored as part of which framework?

A. FRBM fiscal policy framework

B. Exchange rate policy

C. Trade policy

D. Monetary policy framework

Answer: Option A

Solution (By JKSSB Mock Tests)

Debt to GDP ratio is a key parameter under the FRBM framework.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'current daily status' of unemployment measures unemployment on:

A. a day basis

B. monthly basis

C. weekly basis

D. yearly basis

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Correct Answer: Option A

Explanation:
Current daily status measures unemployment for each day of the reference week.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'balanced growth theory' emphasizes simultaneous investment in:

A. banking only

B. multiple sectors to create demand

C. one sector only

D. agriculture only

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Correct Answer: Option B

Explanation:
Balanced growth advocates simultaneous investment in mutually supporting sectors.

This question belongs to: Economy GK Economy Set 1

Question #3

Which of the following is not a determinant of money demand in Keynesian theory?

A. Transactions motive

B. Precautionary motive

C. Speculative motive

D. Depreciation motive

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Correct Answer: Option D

Explanation:
Keynes identified transactions, precautionary and speculative motives for holding money, not depreciation motive.

This question belongs to: Economy GK Economy Set 1

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