Economics Test 2

Instructions

For the following questions answer them individually

Q 1

The main foreign exchange reserves in the country are?

Q 2

If price of an article decreases from Rs 800 to Rs 700, quantity demanded increases from Q1 units to 70 units. If point elasticity of demand is -1.333 find Q1?

Q 3

Who among the following has not served as the Governor of RBI (Reserve Bank of India)?

Q 4

The term stagflation refers to a situation?

Q 5

Which of the following is not the money market instrument?

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