Indian Economics GK Questions
Who decides the Repo rate in India?
(A) Government of India
(B) Ministry of Finance
(C) Reserve bank of India
(D) None of these
Correct Answer : C
Explanation :
The repo rate is the rate at which the Reserve Bank of India borrows funds from commercial banks in the country. It is the rate at which commercial banks in India park their excess money with the Reserve Bank of India, usually for the short term.
Which of the following issued initial Public Offer no rins for Life Insurance?
(A) CRISIL
(B) SEBI
(C) RBI
(D) IRDA
Correct Answer : C
The national income is divided by the per capita income?
(A) Area of the country
(B) Total population of the country
(C) Quantity of capital used
(D) None of these
Correct Answer : B
Following region contributes most to India's GDP?
(A) Primary Sector
(B) Tertiary sector
(C) Secondary sector
(D) None of these
Correct Answer : B
Who introduced this definition of Mudra itself which creates Mudra?
(A) Marshal
(B) Hanson
(C) Crowther
(D) Crowmer
Correct Answer : D
'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
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