Saturday, March 12, 2011

Sample Questions of ACJ


                          

a.         JNNURM   Jawaharlal Nehru National Urban Renewal Mission  

b.         IFPRI     International Food Policy Research Institute  

c.         NDMA  National Disaster Management Authority  

d.         NRHM   National Rural Health Mission 

1.               Inflation   A rise in prices. Economists explain it as too much money chasing too few goods.  
2.               Balance of Payments   The difference between the exports and imports of a country (usually calculated in US Dollar value). A persistent BOP deficit can have an adverse effect on a country’s foreign exchange reserves. 

1.               Free Market  A free market is a market without economic intervention and regulation by government except to regulate against force or fraud. All other regulation is supposedly taken care of by marketforces.