Economy and Finance Questions and Answers for TNPSC Exam Part 4
61. What is the purpose of the Mahatma Gandhi
National Rural Employment Guarantee Act (MGNREGA) in India?
Providing guaranteed employment to rural households
62. What is the term for the total value of a
country's financial assets, including currency, bank deposits, and investments?
Money Supply
63. What is the main objective of the Pradhan
Mantri Kisan Maan-dhan (PM-KMY) scheme in India?
Providing a pension to small and marginal farmers
64. What is the term for the practice of
borrowing money to invest and potentially amplify returns?
Leverage
65. What is the purpose of the Pradhan Mantri
Vaya Vandana Yojana (PMVVY) in India?
Providing a pension to senior citizens
66. What is the term for the process of a
central bank buying government securities to increase money supply in the
economy?
Quantitative Easing
67. What is the main objective of the Atal
Bimit Vyakti Kalyan Yojana (ABVKY) in India?
Providing unemployment insurance to insured persons
68. What is the term for the ratio of a
country's total external debt to its total GDP?
Debt-to-GDP Ratio
69. What is the purpose of the Pradhan Mantri
Rashtriya Swasthya Suraksha Mission (PMRSSM) in India?
Upgrading medical education institutions and healthcare infrastructure
70. What is the term for the market condition
where there are many buyers and sellers of a particular product?
Perfect Competition
71. What is the main objective of the Pradhan
Mantri Vaya Vandana Yojana (PMVVY) in India?
Providing a regular source of income to senior citizens
72. What is the term for the percentage of the
total labor force that is unemployed and actively seeking employment?
Unemployment Rate
73. What is the purpose of the National
Mission for Clean Ganga (Namami Gange) in India?
Cleaning and rejuvenating the Ganga River
74. What is the term for the total value of a
country's exports and imports of goods in a specific time period?
Trade Balance
75. What is the main objective of the Pradhan
Mantri Gram Sadak Yojana (PMGSY) in India?
Providing all-weather road connectivity to rural areas
76. What is the term for a market condition
where a few large firms dominate the market for a particular product?
Oligopoly
77. What is the purpose of the National Food
Security Act (NFSA) in India?
Providing subsidized food grains to eligible beneficiaries
78. What is the term for the rate at which
banks pay interest to depositors on their savings and fixed deposits?
Savings Deposit Rate
79. What is the main objective of the Pradhan
Mantri Matru Vandana Yojana (PMMVY) in India?
Providing financial assistance to pregnant and lactating women
80. What is the term for a tax levied on the
transfer of property and assets in India?
Property Tax
