The 'Financial Stability Report' in India is published by: MCQ with Answer and Explanation

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The 'Financial Stability Report' in India is published by:

A. Ministry of Finance

B. NITI Aayog

C. SEBI

D. Reserve Bank of India

Answer: Option D

Solution (By JKSSB Mock Tests)

The RBI publishes the Financial Stability Report.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'Coffee Board of India' promotes:

A. sugar exports

B. spice exports

C. coffee production and exports

D. tea exports

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Correct Answer: Option C

Explanation:
Coffee Board promotes coffee production and exports.

This question belongs to: Economy GK Economy Set 1

Question #2

External economies of scale are enjoyed by a firm when:

A. the entire industry expands

B. it reduces prices

C. it merges with another firm

D. the firm increases its own size

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Correct Answer: Option A

Explanation:
External economies arise from expansion of the industry as a whole, benefiting all firms.

This question belongs to: Economy GK Economy Set 1

Question #3

Which of the following is a feature of the 'Permanent Income' versus 'Current Income' debate in consumption theory?

A. Only permanent income matters and liquidity constraints are irrelevant

B. Consumption is completely independent of current income

C. The debate has been fully resolved in favour of pure permanent-income theory

D. Empirical evidence shows that consumption is more sensitive to current income than pure permanent-income theory predicts

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Correct Answer: Option D

Explanation:
Empirical studies often find 'excess sensitivity' of consumption to current income, suggesting that liquidity constraints, myopia or other factors cause departures from pure permanent-income behaviour.

This question belongs to: Economy GK Economy Set 1

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