Indian army has published the notification for SSC Tech 56 men and SSC Tech 27 women for the course commencing at OTA Chennai from April 2021
Which one of the following sea ports gained significance for handling iron-ore exports to Japan?
Kandla
Ennore
Kochi
Mormugao
Which one of the following is not a function of money?
Acts as an intermediate in the exchange process
Acts as a store of value
Used as the unit of account
Used for regulating consumption
The situation where the equilibrium level of real GDP falls short of potential GDP is known as
Recessionary gap
Inflationary gap
Demand-side inflation
Supply-side inflation
The excess of total expenditure of Government over its total receipts, excluding borrowings, is known as
Primary deficit
Fiscal deficit
Current deficit
Capital deficit
Exchange rates state the value of one currency in terms of other currencies. Which one of the following statements with respect to the exchange rate of currency is correct?
Floating exchange rates are rates in which the Governments interfere by buying or selling their currencies.
Fixed exchange rates are rates set by Government decisions and maintained by Government actions.
Under the Bretton Woods System, the exchange rates are floated in terms of rise or fall in price of gold.
Under the classical gold standard, the exchange rates are fixed in terms of price of dollar.
