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Top 100 Indian Economics GK Questions

4 months ago 8.6K Views
Q :  

Who is called the forerunner of liberalization of Indian economy?

(A) P. Chidambaram

(B) Amartya Sen

(C) Dr. Manmohan Singh

(D) None of these

Correct Answer : C

Q :  

When was the Bombay Stock Exchange established?

(A) 1890 A.D.

(B) 1865 A.D.

(C) 1875 A.D.

(D) 1881 A.D.

Correct Answer : C

Q :  

Bank rate is the rate at which—

(A) A bank lends to the public.

(B) RBI lends to the public.

(C) RBI lends to commercial banks.

(D) Government of India lends to other countries.

Correct Answer : C

Q :  

What percentage of the total central employees are employed in Indian Railways?

(A) 50 %

(B) 40 %

(C) 45 %

(D) 35 %

Correct Answer : B

Q :  

Which of the following monetary policy instruments is used by the RBI to control inflation?

(A) Fiscal traction

(B) Austerity measures

(C) Repo rate

(D) Fiscal boost

Correct Answer : C

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

Q :  

Purchasing Power Parity theory is related with 

(A) Wage rate

(B) Exchange rate

(C) Interest rate

(D) Bank rate

Correct Answer : B

Q :  

PSW stands for

(A) Process status word

(B) Processor status word

(C) Program status word

(D) Primitive status word

Correct Answer : C

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