JAIIB Chapter 1 Quiz 2 – An Overview Of The Indian Economy

JAIIB Chapter-1 An Overview of the Indian Economy Quiz-2

Welcome, JAIIB Aspirants!

Test your knowledge and sharpen your preparation for the JAIIB examination with this comprehensive quiz on "An Overview of the Indian Economy." This chapter is fundamental to understanding the economic landscape in which the banking sector operates, making it a crucial topic for your success.

This quiz contains 10 multiple-choice questions designed to cover the key concepts, historical milestones, and structural shifts within the Indian economy, from the pre-British era to the modern day.

Instructions:

This quiz consists of 10 questions.
Each question has four possible answers.
Read each question carefully and select the one option that you believe is the correct answer.
There is no time limit, but we recommend you complete it in one sitting to simulate exam conditions.

Challenge yourself, identify your strengths, and pinpoint areas for further study. All the best!

1 / 10

What is the primary objective of government initiatives like "Make in India" and the Production-Linked Incentive (PLI) schemes?

a) To boost the services sector and IT exports

b) To boost manufacturing and create formal jobs

c) To increase agricultural productivity

d) To privatize all Public Sector Undertakings

2 / 10

The phenomenon where economic expansion does not lead to a proportional increase in employment is known as:

: a) Structural Unemployment

b) Jobless Growth

c) Frictional Unemployment

d) The Phillips Curve

3 / 10

Despite employing a large portion of the workforce, what is the approximate contribution of the agriculture sector to India's GDP in recent years?

a) Around 50-55%

b) Around 35-40%

c) Around 25-30%

d) Around 15-18%

4 / 10

The policy of Demonetization in 2016 had what approximate impact on GDP and GVA growth in the first half of 2017?

a) An increase of about 1.2 percentage points

b) No significant impact

c) A reduction of about 1.2 percentage points

d) A reduction of over 5 percentage points

5 / 10

What was the response of the RBI and the Government of India to the 2008 crisis?

a) They adopted aggressive monetary tightening and fiscal consolidation.

b) They sharply relaxed monetary policy and introduced fiscal stimulus packages.

c) They nationalized all foreign banks operating in India.

d) They remained neutral and let the market correct itself.

6 / 10

Which of the following was a primary channel through which the 2008 global financial crisis impacted the Indian economy?

a) A massive inflow of Foreign Institutional Investment (FII)

b) A significant outflow of Foreign Institutional Investment (FII)

c) A sharp appreciation of the Indian Rupee

d) A sudden boom in export demand

7 / 10

What was the immediate event in September 2008 that transformed the US financial crisis into a full-blown global economic downturn affecting India?

a) The introduction of the Euro

b) The devaluation of the Chinese Yuan

c) The collapse of Lehman Brothers

d) A sharp rise in global oil prices

8 / 10

In the pre-British era, urban crafts were well-organized into what structures?

a) Public Sector Undertakings

b) Multinational Corporations

c) Joint-stock companies

d) Caste-based guilds

9 / 10

What was India's median age, highlighting its young population?

25 years

29 years

32 years

35 years

10 / 10

10.

The term "demographic dividend" in the Indian context refers to

The growing elderly population needing social security

The large and growing young workforce

The increasing rate of urbanization

The rising per capita income in rural areas

Your score is

The average score is 55%

JAIIB Chapter-1 An Overview of the Indian Economy Quiz-2

Welcome, JAIIB Aspirants!

Test your knowledge and sharpen your preparation for the JAIIB examination with this comprehensive quiz on "An Overview of the Indian Economy." This chapter is fundamental to understanding the economic landscape in which the banking sector operates, making it a crucial topic for your success.

This quiz contains 10 multiple-choice questions designed to cover the key concepts, historical milestones, and structural shifts within the Indian economy, from the pre-British era to the modern day.

Instructions:

This quiz consists of 10 questions.

Each question has four possible answers.

Read each question carefully and select the one option that you believe is the correct answer.

There is no time limit, but we recommend you complete it in one sitting to simulate exam conditions.

Challenge yourself, identify your strengths, and pinpoint areas for further study. All the best!

What is the primary objective of government initiatives like "Make in India" and the Production-Linked Incentive (PLI) schemes?

The phenomenon where economic expansion does not lead to a proportional increase in employment is known as:

Despite employing a large portion of the workforce, what is the approximate contribution of the agriculture sector to India's GDP in recent years?

The policy of Demonetization in 2016 had what approximate impact on GDP and GVA growth in the first half of 2017?

What was the response of the RBI and the Government of India to the 2008 crisis?

Which of the following was a primary channel through which the 2008 global financial crisis impacted the Indian economy?

What was the immediate event in September 2008 that transformed the US financial crisis into a full-blown global economic downturn affecting India?

In the pre-British era, urban crafts were well-organized into what structures?

What was India's median age, highlighting its young population?

The term "demographic dividend" in the Indian context refers to

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JAIIB Chapter-1 An Overview of the Indian Economy Quiz-2

Welcome, JAIIB Aspirants!

Test your knowledge and sharpen your preparation for the JAIIB examination with this comprehensive quiz on "An Overview of the Indian Economy." This chapter is fundamental to understanding the economic landscape in which the banking sector operates, making it a crucial topic for your success.

This quiz contains 10 multiple-choice questions designed to cover the key concepts, historical milestones, and structural shifts within the Indian economy, from the pre-British era to the modern day.

Instructions:

This quiz consists of 10 questions.

Each question has four possible answers.

Read each question carefully and select the one option that you believe is the correct answer.

There is no time limit, but we recommend you complete it in one sitting to simulate exam conditions.

Challenge yourself, identify your strengths, and pinpoint areas for further study. All the best!

What is the primary objective of government initiatives like "Make in India" and the Production-Linked Incentive (PLI) schemes?

The phenomenon where economic expansion does not lead to a proportional increase in employment is known as:

Despite employing a large portion of the workforce, what is the approximate contribution of the agriculture sector to India's GDP in recent years?

The policy of Demonetization in 2016 had what approximate impact on GDP and GVA growth in the first half of 2017?

What was the response of the RBI and the Government of India to the 2008 crisis?

Which of the following was a primary channel through which the 2008 global financial crisis impacted the Indian economy?

What was the immediate event in September 2008 that transformed the US financial crisis into a full-blown global economic downturn affecting India?

In the pre-British era, urban crafts were well-organized into what structures?

What was India's median age, highlighting its young population?

The term "demographic dividend" in the Indian context refers to

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