RRB Junior Engineer (JE) Sample Paper: General Awareness (Indian Economy)-4

1. A consumer is said to be in equilibrium, if

(a) he is able to fulfill his need with a given level of income
(b) he is able to live in full comfort with a given level of income
(c) he can fulfill his needs without consumption of certain items
(d) he is able to locate new sources of income

2. A country is said to be in a debt trap if

(a) it has to abide by the conditionalities imposed by the International Monetary Fund
(b) it has to borrow to make interest payments on outstanding loans
(c) it has been refused loans or aid by creditors abroad
(d) the World Bank charges a very high rate of interest on outstanding as well as new loans

3. A redistribution of income in a country can be best brought about through

(a) progressive taxation combined with progressive expenditure
(b) progressive taxation combined with regressive expenditure
(c) regressive taxation combined with regressive expenditure
(d) regressive taxation combined with progressive expenditure

4. A rise in ‘SENSEX’ means

(a) a rise in prices of shares of all companies registered with Bombay Stock Exchange
(b) a rise in price of shares of all companies registered with National Stock Exchange
(c) an overall rise in prices of shares of group of companies registered with Bombay Stock Exchange
(d) a rise in prices of shares of all companies belonging to a group of companies registered with Bombay Stock Exchange

5. A zero rate of inflation obtains necessarily in a year where the annual rate of inflation

(a) in every week of the year is zero
(b) is failing in every week of the year
(c) is both falling and rising in a year
(d) is constant in every week of the year

(E-Book) RRB J.E. Junior Engineer Exam Previous Year Solved Papers

Study Kit for RRB Junior Engineer EXAM (Phase-1) 

1(a), 2(b), 3(a), 4(c), 5(c)