Get Started

Economics Important Questions

3 years ago 33.6K Views


Economics GK Questions

Q.8 The ARDC is now a branch of the

(A) RBI  

(B) NABARD

(C) IDBI 

(D) SDBI

Ans .   B

Q.9 Since 1983, the RBI's responsibility with respect to regional rural banks was transferred to

(A) ARDC              

(B) SBI

(C) NABARD        

(D) PACs

Ans .   C

Q.10 The budget deficit means

(A) the excess of total expenditure, including loans, net of lending over revenue receipts

(B) difference between revenue receipts and revenue expenditure

(C) difference between all receipts and all the expenditure

(D) fiscal deficit less interest payments

Ans .   C

Q.11 VAT is imposed—

(A) Directly on consumer

(B) On final stage of production

(C) On first stage of production

(D) On all stages between production and final sale

Ans .   D

Q.12 Kutir Jyoti scheme is associated with—

(A) Promoting cottage industry in villages

(B) Promoting employment among rural unemployed youth

(C) Providing electricity to rural families living below the poverty line

(D) All of these

Ans .   C

Q.13 ‘Mid-day Meal’ scheme was started in the year—

(A) 1998                

(B) 1997

(C) 1996                

(D) 1995

Ans .   D

Q.14 The central banking functions in India are performed by the

(A) Central Bank of India

(B) Reserve Bank of India

(C) State Bank of India

(D) Punjab National Bank

Ans .   B

If you have any problem or doubt regarding Economics Important Question for Competitive Exams, you can ask me in the comment section. To more practice for Economics General Knowledge Questions, Visit next page.

Related categories

Very important related articles. Read now

The Most Comprehensive Exam Preparation Platform

Get the Examsbook Prep App Today