Economy - MOST IMPORTANT RRB Ministerial & Isolated Categories Previous Year Questions

The National MPI is based on the World Bank methodology, while the global MPI is based on the Alkire-Foster methodology.

The National MPI uses 12 indicators, while the global MPI uses 10 indicators.

The National MPI covers only monetary poverty, while the global MPI includes all dimensions of poverty.

The National MPI uses 10 indicators, while the global MPI uses 12 indicators.

KV Suresh Kumar

Hari Kumar R

Vikraman N

Ranjish Sharma

Gujarat, Assam and Andhra Pradesh

Odisha, Punjab and Andhra Pradesh

Maharashtra, Odisha and Uttar Pradesh

Punjab, Bihar and Gujarat

SDG 5

SDG 13

SDG 10

SDG 17

₹35,000 crore

₹45,000 crore

₹25,000 crore

₹50,000 crore

COP 27

COP 28

COP 26

COP 29

Bhagalpur

Varanasi

Prayagraj

Darbhanga

MSDE-AI

Power-AI

Skill India Assistant

Power AI Assistant

The fixed employment contracts

The natural rate of unemployment

The flexibility of wages and prices

Government job programmes

Over-reliance on private sector funding

Difficulties in land acquisition and bureaucratic delays

Excessive foreign investment in rural sectors

Lack of government support for infrastructure development

Only statement a is true.

Only statement c is true.

All statements a, b and c are true.

Only statement b is true.

Fiscal policy is conducted by central banks, while monetary policy is carried out by the government.

Fiscal policy involves control of the money supply, while monetary policy involves government spending decisions.

Fiscal policy and monetary policy are interchangeable terms.

Fiscal policy involves government's use of taxation and spending, while monetary policy involves central banks' control of interest rates and money supply.

Globalisation creates jobs exclusively in the manufacturing sector.

Globalisation always lead to increased unemployment rates.

Globalisation can both create and displace jobs across various industries.

Globalisation has no impact on employment.

When government expenses exceed its income

When RBI prints extra currency

When the fiscal deficit is zero

When government income exceeds its expenses

It only addresses the needs of large landowners.

It is based solely on economic growth.

It involves ensuring that all members of the community, including marginalised groups, benefit from development initiatives.

It promotes exclusionary practices in rural communities.

Focusing on agricultural expansion exclusively

Promoting entrepreneurship and small enterprises

Increasing reliance on traditional craftsmanship

Reducing foreign trade agreements

They are unrelated concepts.

Liberalisation promotes economic openness, while globalisation involves the integration of economies on a global scale.

Liberalisation and globalisation mean the same thing.

Globalisation restricts trade, while liberalisation expands it.