Economics GK | Economics Questions and Answers for Competitive Exams

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Economics GK Questions and Answers

Update on Feb. 13, 2019

Economics GK Questions

Q :  Which of the following best defines a floating-rate bond?

(A) A bond with a fixed interest rate and has better yield than varying interest rate bond

(B) A bond with a fixed interest rate and has lower yield than varying interest rate bond

(C) A bond with a varying interest rate and has better yield than fixed interest rate bond

(D) A bond with a varying interest rate and has lower yield than fixed interest rate bond


Correct Answer : B

Q :  Inflation Indexed Bonds is pegged to ___?

(A) WPI

(B) CPI

(C) Both WPI and CPI

(D) None of the above


Correct Answer : A

Q :  Which among the following was the first bank purely managed by Indians?

(A) oudh Commercial Bank

(B) Punjab National Bank

(C) Bank of India

(D) Allahabad Bank


Correct Answer : B

Q :  What term is used for maximum capital which the company can raise in its life time?

(A) Authorized Capital

(B) Registered Capital

(C) Nominal Capital

(D) All of them


Correct Answer : D

Q :  Which among the following is NOT a pillar of Basel III?

(A) Minium capital standards

(B) Supervisory review

(C) Market discipline

(D) Consolidation of assets


Correct Answer : D

Q :  Which among the following closest instrument to Gold ETF?

(A) Debenture

(B) G-Sec security

(C) Mutual Fund

(D) Commercial Paper


Correct Answer : C

Q :  Which among the following is a qualitative tool of monetary policy?

(A) Bank Rate

(B) Credit Celling

(C) Credit rationaing

(D) Cash Reserve Ratio


Correct Answer : C

Q :  Which among the following is NOT a subsidiary of RBI?

(A) National Housing Bank

(B) NABARD

(C) Bharatiya Reserve Bank Note Mudran Private Limited

(D) SIDBI


Correct Answer : D

Q :  Which of the following is used to denote broad money?

(A) M 1

(B) M 2

(C) M 3

(D) M 4


Correct Answer : C

Q :  Which of the following schemes have been subsumed in the recently approved Ayushman Bharat – National Health Protection Mission (AB-NHPM)?

(A) Rashtriya Swasthya Bima Yojana

(B) Senior Citizen Health Insurance Scheme

(C) National Life Insurance Scheme

(D) 1 and 2


Correct Answer : D


Economics GK Questions and answers for Competitive Exams are very important and generally asked for competitive exams. I am providing 80 Economics GK Questions for your best practice.

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    Rajesh Bhatia

    A Writer, Teacher and GK Expert. I am an M.A. & M.Ed. in English Literature and Political Science. I am highly keen and passionate about reading Indian History. Also, I like to mentor students about how to prepare for a competitive examination. Share your concerns with me by comment box. Also, you can ask anything at linkedin.com/in/rajesh-bhatia-7395a015b/.

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