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Indian Economics GK Questions

3 years ago 4.7K Views
Q :  

Inflation causes the most losses?

(A) debtors

(B) creditor

(C) merchant class

(D) All these

Correct Answer : B

Q :  

Which of the following is not a method of controlling inflation?

(A) Control over supply of currency

(B) rationing of goods

(C) control on demand

(D) reduction in interest rate

Correct Answer : D

Q :  

Who is called the bank of banks in India?

(A) Reserve Bank of India

(B) Bank of India

(C) State Bank of India

(D) All these

Correct Answer : A

Q :  

In which of the following banks, a person cannot open his account?

(A) Bank of India

(B) Urban Co-operative Bank

(C) Reserve Bank of India

(D) All these

Correct Answer : C

Q :  

Which countries often have hard currency?

(A) developed countries

(B) Developing countries

(C) Semi-Developed Countries

(D) All these

Correct Answer : A

Q :  

Which of the following is not a function of currency?

(A) Measurement of value

(B) accumulation of value

(C) transfer of value

(D) stabilization of price

Correct Answer : D

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