The 'multiplier-accelerator interaction' explains: MCQ with Answer and Explanation

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The 'multiplier-accelerator interaction' explains:

A. exchange rates

B. monetary policy only

C. business cycles and fluctuations in income

D. inflation only

Answer: Option C

Solution (By JKSSB Mock Tests)

Multiplier-accelerator interaction explains cyclical fluctuations in income.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'Forward Markets Commission' was merged with which organization in 2015?

A. SEBI

B. NITI Aayog

C. RBI

D. IRDAI

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Correct Answer: Option A

Explanation:
The Forward Markets Commission was merged with SEBI in 2015.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act' was enacted in which year?

A. 2010

B. 2002

C. 2005

D. 1999

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Correct Answer: Option B

Explanation:
SARFAESI Act was enacted in 2002.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Pradhan Mantri Gram Sadak Yojana' was launched in:

A. 2010

B. 1995

C. 2000

D. 2005

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Correct Answer: Option C

Explanation:
PMGSY was launched in 2000.

This question belongs to: Economy GK Economy Set 1

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