QID #24257AIIMSUPPSC Health Education Officer (HEO) 2026 Mock Test SeriesIndian EconomyEasy
Identify the term that systematically records a country's transactions with the rest of the world.
Correct Answer: A. Balance of payments Balance of payments systematically records a country's transactions with the rest of the world. The other choices describe different concepts.
QID #24256AIIMSUPPSC Health Education Officer (HEO) 2026 Mock Test SeriesIndian EconomyEasy
Identify the term that records trade in goods, services, income and current transfers.
Correct Answer: D. Current account Current account records trade in goods, services, income and current transfers. The other choices describe different concepts.
QID #24255AIIMSUPPSC Health Education Officer (HEO) 2026 Mock Test SeriesIndian EconomyEasy
Identify the term that is the excess of revenue expenditure over revenue receipts.
Correct Answer: C. Revenue deficit Revenue deficit is the excess of revenue expenditure over revenue receipts. The other choices describe different concepts.
QID #24254AIIMSUPPSC Health Education Officer (HEO) 2026 Mock Test SeriesIndian EconomyEasy
Identify the term that is total government expenditure minus non-borrowed receipts.
Correct Answer: B. Fiscal deficit Fiscal deficit is total government expenditure minus non-borrowed receipts. The other choices describe different concepts.
QID #24253AIIMSUPPSC Health Education Officer (HEO) 2026 Mock Test SeriesIndian EconomyEasy
Identify the term that is used to absorb liquidity from banks under the traditional framework.
Correct Answer: A. Reverse repo Reverse repo is used to absorb liquidity from banks under the traditional framework. The other choices describe different concepts.
QID #24252AIIMSUPPSC Health Education Officer (HEO) 2026 Mock Test SeriesIndian EconomyEasy
Identify the term that is the rate at which the RBI lends short-term funds against eligible securities. Choose the best answer for Test 9.
Correct Answer: D. Repo rate Repo rate is the rate at which the RBI lends short-term funds against eligible securities. The other choices describe different concepts.
QID #24251AIIMSUPPSC Health Education Officer (HEO) 2026 Mock Test SeriesIndian EconomyEasy
Identify the term that tracks retail price changes faced by consumers.
Correct Answer: C. Consumer Price Index Consumer Price Index tracks retail price changes faced by consumers. The other choices describe different concepts.
QID #24249AIIMSUPPSC Health Education Officer (HEO) 2026 Mock Test SeriesIndian EconomyEasy
Identify the term that measures final goods and services produced within a country.
Correct Answer: A. Gross Domestic Product Gross Domestic Product measures final goods and services produced within a country. The other choices describe different concepts.
QID #24248AIIMSUPPSC Health Education Officer (HEO) 2026 Mock Test SeriesIndian EconomyEasy
Which statement correctly describes Reserve Bank of India?
Correct Answer: A. is India's central bank and monetary authority Reserve Bank of India is India's central bank and monetary authority. The other choices describe different concepts.
QID #24247AIIMSUPPSC Health Education Officer (HEO) 2026 Mock Test SeriesIndian EconomyEasy
Which statement correctly describes NITI Aayog?
Correct Answer: D. is the Union government's policy think tank NITI Aayog is the Union government's policy think tank. The other choices describe different concepts.
QID #24246AIIMSUPPSC Health Education Officer (HEO) 2026 Mock Test SeriesIndian EconomyEasy
Which statement correctly describes Green economy?
Correct Answer: C. seeks growth with reduced environmental risks and ecological scarcity Green economy seeks growth with reduced environmental risks and ecological scarcity. The other choices describe different concepts.
QID #24245AIIMSUPPSC Health Education Officer (HEO) 2026 Mock Test SeriesIndian EconomyEasy
Which statement correctly describes Poverty line?
Correct Answer: B. is a threshold used to identify minimum consumption or income needs Poverty line is a threshold used to identify minimum consumption or income needs. The other choices describe different concepts.
QID #24244AIIMSUPPSC Health Education Officer (HEO) 2026 Mock Test SeriesIndian EconomyEasy
Which statement correctly describes Unemployment rate?
Correct Answer: A. is unemployed persons as a proportion of the labour force Unemployment rate is unemployed persons as a proportion of the labour force. The other choices describe different concepts.
QID #24243AIIMSUPPSC Health Education Officer (HEO) 2026 Mock Test SeriesIndian EconomyEasy
Which statement correctly describes Human capital?
Correct Answer: D. refers to productive knowledge, skills and health embodied in people Human capital refers to productive knowledge, skills and health embodied in people. The other choices describe different concepts.
QID #24242AIIMSUPPSC Health Education Officer (HEO) 2026 Mock Test SeriesIndian EconomyEasy
Which statement correctly describes Financial inclusion?
Correct Answer: C. seeks affordable access to useful formal financial services Financial inclusion seeks affordable access to useful formal financial services. The other choices describe different concepts.
QID #24241AIIMSUPPSC Health Education Officer (HEO) 2026 Mock Test SeriesIndian EconomyEasy
Which statement correctly describes Minimum support price?
Correct Answer: B. is an announced floor price for selected agricultural crops Minimum support price is an announced floor price for selected agricultural crops. The other choices describe different concepts.
QID #24240AIIMSUPPSC Health Education Officer (HEO) 2026 Mock Test SeriesIndian EconomyEasy
Which statement correctly describes Disinvestment?
Correct Answer: A. means sale of government ownership in a public enterprise Disinvestment means sale of government ownership in a public enterprise. The other choices describe different concepts.
QID #24239AIIMSUPPSC Health Education Officer (HEO) 2026 Mock Test SeriesIndian EconomyEasy
Which statement correctly describes Goods and Services Tax?
Correct Answer: D. is a destination-based indirect tax on supply Goods and Services Tax is a destination-based indirect tax on supply. The other choices describe different concepts.
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