Indian Economy for SSC CGL
“World Bank” is also called as –
(A) International Bank for Reconstruction and development
(B) International, rehabilation and development bank
(C) International rehabilated and development bank
(D) None of these.
Correct Answer : A
Explanation :
The "World Bank" is also referred to as simply the "World Bank." While its full name is the "International Bank for Reconstruction and Development (IBRD)," the term "World Bank" is commonly used to refer to this international financial institution.
Which among the following is not the investment of goods & services?
(A) Cost of machinery
(B) Increase in cost of raw goods
(C) Increasing department of company
(D) Cost of buying a house.
Correct Answer : C
Explanation :
Explain: -Increasing the department of company is not the matter of investment on goods and services
The interest in infrastructure is less because.
(A) There is large invest in it
(B) There needs a desired project
(C) Time to finish the infrastructure is more
(D) Profit is gained after long time.
Correct Answer : D
Explanation :
Infrastructure refers to the basic physical and organizational structures, facilities, systems, and services that are necessary for the functioning of a society, economy, or organization. It encompasses a wide range of essential components, including
The Worldwide great depression happens in which year-
(A) 1936
(B) 1929
(C) 1928
(D) 1930
Correct Answer : C
Explanation :
Explain: -The duration of great depression was different for different for different countries, but the starting of depresion was 1929-32. The unemployment of America increase by +607%. Similiarly in Germany by +214% & France by +214%.
According to Kenz, the consumption function shows relation between.
(A) Total Consumption and Total Population
(B) Total Consumption and Normal Price Rate
(C) Total Consumption and Total Income
(D) Total Consumption and Rate of Interest
Correct Answer : C
Explanation :
Explain: -The Consumption function shows relation between Total Consumption and Total Income. It shows that consumption and income are inversely related
When there is affect on economic activity of an specific country due to import and export, then such economy are called-
(A) Closed economy
(B) Open economy
(C) Agricultural economy
(D) Industrial economy
Correct Answer : B
Explanation :
Explain: -When there is change in economy due to import and export, then such economy is called Open economy. India enacted Open economy in 1991.
Which bank has launched India's first 'Green Car Loan'?
(A) State Bank of India
(B) Canara Bank
(C) Bank of Baroda
(D) Punjab National Bank
Correct Answer : A
Which one of the following is not a way to reduce inequality?
(A) Liberalization of the economy
(B) Land Reforms
(C) Taxation
(D) Minimum Needs Program
Correct Answer : A
How much has the Finance Ministry increased the interest rate on EPF now?
(A) 8.60%
(B) 8.65%
(C) 8.70%
(D) 8.75%
Correct Answer : B
Promotion of multinational companies in India is to be promoted?
(A) privatization policy
(B) Liberalization Policy
(C) Globalization Policy
(D) All these
Correct Answer : D
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