Economy and Finance Questions and Answers for TNPSC Exam Part 5
81. What is the purpose of the National Rural
Drinking Water Programme (NRDWP) in India?
Providing safe drinking water in rural areas
82. What is the term for the rate at which banks charge interest on loans to borrowers in India?
Lending Rate
83. What is the main objective of the Pradhan
Mantri Gramin Awaas Yojana (PMGAY) in India?
Providing rural housing for the homeless and those living in dilapidated houses
84. What is the term for the tax levied on the
sale of goods and services at each stage of production or distribution?
Value Added Tax (VAT)
85. What is the purpose of the Pradhan Mantri
Kisan Pension Yojana (PM-KPY) in India?
Providing a pension to farmers
86. What is the term for the practice of
reducing government spending to control inflation and stabilize the economy?
Fiscal Tightening
87. What is the main objective of the Pradhan
Mantri Adarsh Gram Yojana (PMAGY) in India?
Developing model villages
88. What is the term for the process of a
central bank selling government securities to reduce money supply in the
economy?
Open Market Operations (OMO)
89. What is the purpose of the Pradhan Mantri
Kisan Samman Nidhi (PM-KISAN) scheme in India?
Providing income support to small and marginal farmers
90. What is the term for the total value of a
country's financial assets, including currency, bank deposits, investments, and
loans?
Money Stock
91. What is the main objective of the Pradhan
Mantri Kisan Maan-dhan (PM-KMY) scheme in India?
Providing a pension to farmers
92. What is the term for the financial
instrument that represents ownership in a corporation and entitles the holder
to a share of the company's profits?
Stock (Share)
93. What is the purpose of the Swachh Bharat
Abhiyan (Clean India Campaign) launched by the Government of India?
Promoting cleanliness and sanitation
94. What is the term for the market condition
where a single seller dominates the market for a particular product?
Monopoly
95. What is the main objective of the Atal
Pension Yojana (APY) in India?
Providing a pension to workers in the unorganized sector
96. What is the term for the total value of
all final goods and services produced within a country's borders in a specific
time period?
Gross National Product (GNP)
97. Which government body releases the annual
Economic Survey of India?
Ministry of Finance, Government of India
98. What is the purpose of the Swavalamban
Yojana (NPS Lite) in India?
Promoting pension savings among unorganized sector workers
99. What is the term for a situation where the
value of a currency falls relative to other currencies, leading to higher
prices of imports?
Currency Depreciation
100. What is the main objective of the Digital
India initiative launched by the Government of India?
Promoting digital literacy and digitalization of government services
