UPSC Economics questions – MCQs Test 11

With reference to Balance of Payments, which of the following constitutes/constitute the Current Account? [UPSC, Civil Services 2014, Paper 1]

1. Balance of trade
2. Foreign assets
3. Balance of invisibles
4. Special Drawing Right

Select the correct answer using the code given below.

Consider the following statements:

1. Inflation benefits the debtors.
2. Inflation benefits the bond-holders.

Which of the statements given above is/are correct? [UPSC, Civil Services 2013, Paper 1]

Disguised unemployment generally means [UPSC, Civil Services 2013, Paper 1]

Economic growth in country X will necessarily have to occur if [UPSC, Civil Services 2013, Paper 1]

The Multi-dimensional Poverty Index developed by Oxford Poverty and Human Development Initiative with UNDP support covers which of the following? [UPSC, Civil Services 2012, Paper 1]

1. Deprivation of education, health, assets and services at household level
2. Purchasing power parity at national level
3. Extent of budget deficit and GDP growth rate at national level

Select the correct answer using the codes given below: