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Indian Economy General Knowledge Questions and Answers for SSC and Bank Exams

6 months ago 145.6K Views
Q :  

A foreign currency which has a tendency to migrate soon is called?

(A) soft currency

(B) Savarna Mudra

(C) Hot money

(D) Rare currency

Correct Answer : C

Q :  

What is called by the government to abolish the old currency and move to the new currency?

(A) Demonetization

(B) devaluation

(C) Currency contraction

(D) All these

Correct Answer : A

Q :  

What is the process of constantly increasing prices?

(A) Inflation

(B) over production

(C) Mandi

(D) None of these

Correct Answer : A

Q :  

Benefit from inflation?

(A) debtor

(B) Lender

(C) Saver

(D) Pension Recipients

Correct Answer : A

Q :  

Gilt alt market is related to?

(A) Gold and silver

(B) currency note

(C) Government securities

(D) Letter of credit

Correct Answer : A

Q :  

Who assesses the national income numbers in India?

(A) Planning Commission Ministry of Finance

(B) Central Statistical Organization

(C) Reserve Bank of India

(D) Reserve Bank of India

Correct Answer : B

Q :  

Whose  prepared the first estimate of national income for the country?

(A) Dadabhai Naoroji

(B) National Income Committee

(C) National Sample Survey Organization

(D) None of these

Correct Answer : A

Q :  

Following region contributes most to India's GDP?

(A) Primary Sector

(B) Tertiary sector

(C) Secondary sector

(D) None of these

Correct Answer : B

Q :  

'Gresham's law' is related to which of the following?

(A) circulation of currency

(B) Supply and demand

(C) deficit economy

(D) circulation of currency

Correct Answer : D

Q :  

Which of the following issued initial Public Offer no rins for Life Insurance?

(A) CRISIL

(B) SEBI

(C) RBI

(D) IRDA

Correct Answer : C

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