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Indian Economic GK Questions and Answers

4 years ago 6.3K Views
Q :  

Which of the following is a better measurement of Economic Development? 

(A) NNP

(B) Per capita income

(C) GDP

(D) Disposable income

Correct Answer : A

Q :  

Foreign currency which has a tendency of quick migration is called -

(A) Gold currency

(B) Hot currency

(C) Scarce currency

(D) Soft currency

Correct Answer : B

Q :  

Purchasing Power Parity theory is related with 

(A) Wage rate

(B) Exchange rate

(C) Interest rate

(D) Bank rate

Correct Answer : B

Q :  

Excise duty on a commodity is payable with reference to its 

(A) production , transportation and sale

(B) production

(C) production and sale

(D) production and transportation

Correct Answer : B

Q :  

Knowledge, technical skill, education etc. in economics, are regarded as 

(A) tangible physical capital

(B) working capital

(C) social-overhead capital

(D) human capital

Correct Answer : D

Q :  

Which is the most essential function of an entrepreneur? 

(A) Marketing

(B) Risk bearing

(C) Supervision

(D) Management

Correct Answer : B

   


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