Free Economics Questions and Answers

Rajesh Bhatia2 years ago 23.9K Views Join Examsbookapp store google play
Free-Economics-Questions-and-Answers
Q :  Maximum share in total external debt of India is of ___

(A) Long term borrowings

(B) short term borrowings

(C) medium term borrowings

(D) ultra long term borrowing


Correct Answer : A

Q :  Reserve Tranche Position (RTP) is a term used in context with ____?

(A) Reserve Bank of India

(B) Federal Reserve Bank of America

(C) World Bank

(D) International Monetary fund


Correct Answer : D

Q :  If you go to the market and purchase an Air conditioner for your factory, then in economic terminology, you are most probably doing which among the fo

(A) Consumption

(B) Production

(C) Asset Creation

(D) Investment


Correct Answer : A

Q :  Which among the following programmes is NOT being implemented in India with assistance of World Bank?

(A) National Vector Borne Disease control and Polio Eradication

(B) National Rural Livelihoods Project

(C) PMGSY Rural Roads Project

(D) Delhi Mumbai Industrial Corridor Project


Correct Answer : D

Q :  Which of the following Price Indices of India is considered for measuring ‘Headline Inflation’?

(A) GDP Deflator

(B) CPI-AL/RL

(C) CPI-IW

(D) WPI


Correct Answer : D

Q :  Which among the following is the oldest Public Sector Bank of India?

(A) Punjab National Bank

(B) Imperial Bank of India

(C) Allahabad Bank

(D) Central Bank of India


Correct Answer : C

Q :  The concept of ‘Universal Banking’ was implemented in India on the recommendations of:

(A) Abid Hussain Committee

(B) R H Khan Committee

(C) S Padmanabhan Committee

(D) Y H Malegam Committee


Correct Answer : B

Q :  Why the Indirect taxes are termed regressive taxing mechanisms?

(A) They are charged at higher rates than direct taxes

(B) They are charged the same for all income groups

(C) They are not charged the same for all income groups

(D) None of the above is a correct reason


Correct Answer : B

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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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