UPSC'19 II NCERT QUIZ II Economics

Which of the following methods of National income calculation can be used in India for the primary sector?

1) Expenditure Method

2) Output Method

3) Income Method

Choose the correct one:

Consider the following statements

1) Primary Deficit cannot be higher than Fiscal Deficit.

2) Primary Deficit is obtained by deducting interest rates from Revenue Deficit.

3) Fiscal Deficit cannot be lower than budget deficit.

Which of the above statement(s) is/are NOT correct ?

The Budget deficit means:

Departments under the Ministry of Finance includes :

1) Economics Affairs

2) Expenditure

3) Disinvestment

Choose the correct one:

What is Bank Rate ?