Practice ESI Questions and Answers

• Which of the following can be the outcomes of very high inflation in the economy? (1) Reduction in economic growth (2) Increase in savings (3) Reduction in...
• Which of the following steps that will result in containing inflation? (1) Increasing Cash Reserve Ratio (CRR) (2) Decreasing Statutory Liquidity Ratio (SL...
• The acronym SRO, being used in the capital market for various market participants, stands for which one of the following?
• Consider the following statements in regard to Zero Base Budgeting (ZBB) : (1) Existing Government programmes can be discarded under ZBB if they are found ...
• Consider the following : 1. Market borrowing 2. Treasury bills 3. Special securities issued to RBI Which of these is/are components of internal debt?
• Which of the following is / are the example (s) of Transfer Payment(s)? 1.    Unemployment Allowance 2.    Payment of salary 3.    Social Security...
• The concept which tries to ascertain the actual deficit in the revenue account after adjusting for expenditure of capital nature is termed as;
• India’s first Long term Fiscal policy was adopted during the tenure of ..................... as Minister of Finance.
• Which Finance Commission has used forest cover as a criterion for horizontal distribution of resources in India?
• Which one of the following measures is not likely to aid in improving India’s Balance of Payment position?
• With reference to Indian economy, consider the following— 1. Bank rate 2. Open market operations 3. Public debt 4. Public revenue Which of the above is/a...
• Which of the following best explains the cascading effect of taxation? (1) When tax imposition leads to a disproportionate increase in prices by an extent ...
• Which of the following is associated with fiscal policy?
• ‘Fiscal Drag’ expresses the impact of inflation on which of the following?
• Consider the following statements in regard to the Goods and Service Tax: (1) The GST shall have two components : one levied by the centre, and the other l...
• Which of the following statements are correct? 1. Ability to pay principle of taxation holds that the amount of taxes people pay should relate to their inc...
• Which one of the following is not a tax/duty levied by the Government of India?
• Which of the following Tax is levied by Union and collected and appropriated by States?
• Devaluation of currency leads to
• When the RBI wants to inject liquidity into economy, it may adopt the following : (1) Buy the government securities from the banks. (2) Enter into reverse ...
• Which of the following is /are example (s) of ‘Near Money’? 1. Treasury Bill 2. Credit Card 3. Saving accounts and small time deposits 4. Retail money ...
• Consider the following statements with regard to Statutory Liquidity Ratio (SLR); 1. To meet SLR, Commercial banks can use cash only. 2. SLR is maintained ...
• Open - market operations of Reserve Bank of India refer to;
• The share of the concerned State Government in the capital of Regional Rural Banks is—
• The baseline ‘Aapka bhala, Sabki bhali’ is associated with —
• According to extant RBI guidelines, ‘Payment Banks’ are not permitted to—
• A cheque which has been written by the maker and dated at some point in the past is known as—
• With reference to the ‘Prohibition of Benami Property Transactions Act, 1988 (PBPT Act)’, consider the following statements: 1. A property transaction ...
• Which of the following does not grant any tax rebate?
• The ‘Mudra Bank’ is a subsidiary of— 
• Bank rate means?
• The alphabet ‘D’ in the abbreviation ‘NDTL’, commonly used in banking world, stands for?
• SMERA Limited, a popular body in the financial world, is a full service?
• The country’s first Aadhaar based ATM is launched by which one of the following banks?
• The ‘Currency Chests’ are store-houses where bank notes and rupee coins are clocked on behalf of:
• What is the purpose of setting up of Small Finance Banks (SFBs) in India? 1. To supply credit to small business units 2. To supply credit to small and marg...
• Who among the following can join the National Pension System (NPS)?
• The volatility in the Indian share market is due to 1. inflow and outflow of foreign funds. 2. fluctuations in foreign capital markets. 3. changes in the m...
• In the parlance of financial investment the term ‘bear’ denotes
• The traders reduce the risk of loss in currency fluctuations through which of the following?