Indian Economic GK Questions and Answers
Which of the following is a better measurement of Economic Development?
(A) NNP
(B) Per capita income
(C) GDP
(D) Disposable income
Correct Answer : A
Foreign currency which has a tendency of quick migration is called -
(A) Gold currency
(B) Hot currency
(C) Scarce currency
(D) Soft currency
Correct Answer : B
Purchasing Power Parity theory is related with
(A) Wage rate
(B) Exchange rate
(C) Interest rate
(D) Bank rate
Correct Answer : B
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
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
Which is the most essential function of an entrepreneur?
(A) Marketing
(B) Risk bearing
(C) Supervision
(D) Management
Correct Answer : B