Top CMAT 2024 Economy Questions [Download PDF]

Monopoly means

Which of the following economic concept is categorized on the basis of Current Account or Capital Account or both ?

As we all know managing inflation has been a very important aspect of the economy in India. Which of the following is/are true about the inflation and its effect on economy ?
(A) Lack of inflation (deflation) is not necessarily a thing which is always good.
(B) Inflation is an Increase In the general level of prices for goods and services.
(C) When inflation goes up, the purchasing power of the money also goes up.

Which of the following is the correct definition of the term National Income ?
(A) National Income means the total amount of money Govt. earns only through direct tax collections every year.
(B) It is the total value of all sorts of stocks held by a country at a particular point of time.
(C) This is the measure of the volume of commodities and services turned out during a given period counted without duplication.

As we all know Govt. of India pays special emphasis on management of Fiscal Deficit. What is Fiscal Deficit ?

An argument amongst the economists all over the world is going on, on the issue of imposing special taxes on goods and services whose prices do not reflect the true social cost of their consumption, for example, tax on polluting environment. Which of the following are the other examples of such taxes ?
(A) Duties on cigarettes
(B) Duties on alcohol
(C) Tax on gambling and lotteries
(D) Airport Tax

As we all know India's one of the major Imports is oil and petroleum. Out of the total consumption of the oil and petroleum, how much is consumed by the transport sector ? About

Specially Developed Economic Zones (SEZs) in India where some of the economic laws and restrictions of the land are relaxed with the purpose of giving incentives to investors are commonly known as

Stock market indexes traditionally served as a benchmark to measure the performance of which of the following types of. portfolios of the investors/promoters ?

Which of the following is the name of the organisation, created to provide full employment and self - reliance to the women folk in India ?

Many a times we come across a term 'DDT' in the financial/ economic transactions. What is the full form of the same ?

Economic distress of small farmers is a cause of great concern in almost all sectors in the country. Which of the following, as stated in the economic survey presented recently has been single most important cause of economic distress of small farmers over the years ?

Which of the following is considered an Annual Indicator of the Economy of the country ?
(A) Actual Rainfall
(B) Population
(C) Whole sale price index

Many a times we read in the newspapers a term 'HOT MONEY'. Which of the following is the correct de nition of HOT MONEY ?
(A) This is the fund which is dumped into a country to get the advantage of a favourable interest rate and hence brings higher returns.
(B) This is the fund which is provided by a bank in US$ at very short notice and at a very high rate of interest and for a longer period of repayment.
(C) This is the fund which is pushed into market through Hawala or some other such illegal methods and sometimes referred also as Black Money.

As per the reports in the leading newspapers Securities and Exchange Board of India (SEBI) has asked the Mutual Fund industry to stop "Misselling" their schemes to investors. What is "Misselling" of products ?
(A) Misselling takes place when mutual funds are sold without telling the likely returns.
(B) When agents sell the products without telling investors what are the risks involved in investing in mutual funds.
(C) When agents invest somebody's money in mutual funds without their knowledge, it is called misselling.

The Sensitive Index of the Bombay Stock exchange keeps on changing positively and negatively both. Which of the following is/are the main reasons which contribute for his sudden change in the same ?
(A) Higher GDP Growth
(B) Continuous Foreign Funds Flow
(C) High Volume of Forex reserves
(D) Recession in USA

Which of the following is the correct denition of the term commercial papers ?
(A) It is nothing but the popular name of the Judicial stamp papers used to register nancial transactions.
(B) It is one of the instruments through which Corporates raise debt from the market.
(C) It is the name of the "Certi cate of Deposits" provided by the Banks to its retail customers.

Which among the following currency has been allowed as an intermediary with American dollar in India ?

The bond in which future dates are fixed for sell & purchase are known as —

Who amongst the following, while addressing the conference of Bank Economists, called for a
paradigm shift in banking from 'demand following' system to a 'supply-leading role'?

Who among the following doesn't have nomination facility?

Which of the following is an Intangible Asset?

Which of the following decides cost of production?

What are the effects of rupee depreciation?

The process of curing in ation by reducing money supply is called

The Minister for Heavy Industries and Public Enterprises in the revamped Union Council of Ministers is………………

The theme of the 102nd edition of the Indian Science Congress 2015 recently held in Mumbai was

The ‘Vibrant Gujarat’ summit 2015 was recently held in……………

In the absence of comprehensive database of tea gardens and socio-economic condition of workers UNICEF has decided to prepare a Tea Atlas’ in the Indian State of………………….

Which of the following is a tool for temporary cash management used by the Central/State governments to tide over temporary mismatches ?

The chief regulator of the ‘commodity futures’ market in India is…………………….

The United Nations Children Funds (UNICEF) is a united nations program that provides humanitarian and development assistance to children and mothers in developing countries. Its headquarters in…………….

`Raksha Biu’ is the recently launched vaccine aimed at minimizing the economic loss of the animal farming community from the strains of the……………

As per 2011 Census the child sex ratio in the (0-6) group stood at

India’s Indigenously developed nuclear capable sub-sonic cruise missile `Nirbhay’ can strike targets more than

As per 2011 census the proportion of economically active population is the 15-50 in the total population was ………………..

Shri Manohar Gopalkrishna Prabhu Parikaris the Union Cabinet Minister for

With a view to encourage entrepreneurship among the schedule castes, ‘a venture fund for the SCs’ has recently been launched by ___

The Cabinet Ministers for Urban Development, Housing and Urban Poverty Allevation and Parliamentary affairs in the Union Council of Ministers is…….

Haryana has the worst Male-female ratio among all states. As per 2011 census, the number of females per 1000 males in Haryana in 2011 stood at……………

In the Union Budget 2014-14, Finance Minister Arun Jaitley announced the proposal to start a new television channel exclusively dedicated to farmers. What is the name of the channel?

Who among the following is the current Union Minister for Tribal Affairs?

Which of the following can issue commercial paper for raising short term funds?

Section 80E of the Income Tax Act provides for deduction of interest paid on Education or Study loan taken for higher education. Deduction under Section 80E is available for

In the recent rail fare hike effected by the Union Government, what was the amount of hike in percentage terms?

Inflation refers to a fall in the value of money. Which of the following is the key measure of inflation in India?

Which of the following terms is most commonly used to express a general trend of rise in a broad price index?

Which of the following types of economy is an example of sustainable economy?

A financial contract that derives its value from another asset or an index of asset values is known as

Poverty line is expressed in terms of an overall —