Indian Economy General Knowledge Questions and Answers for SSC and Bank Exams
A foreign currency which has a tendency to migrate soon is called?
(A) soft currency
(B) Savarna Mudra
(C) Hot money
(D) Rare currency
Correct Answer : C
What is called by the government to abolish the old currency and move to the new currency?
(A) Demonetization
(B) devaluation
(C) Currency contraction
(D) All these
Correct Answer : A
What is the process of constantly increasing prices?
(A) Inflation
(B) over production
(C) Mandi
(D) None of these
Correct Answer : A
Benefit from inflation?
(A) debtor
(B) Lender
(C) Saver
(D) Pension Recipients
Correct Answer : A
Gilt alt market is related to?
(A) Gold and silver
(B) currency note
(C) Government securities
(D) Letter of credit
Correct Answer : A
Who assesses the national income numbers in India?
(A) Planning Commission Ministry of Finance
(B) Central Statistical Organization
(C) Reserve Bank of India
(D) Reserve Bank of India
Correct Answer : B
Whose prepared the first estimate of national income for the country?
(A) Dadabhai Naoroji
(B) National Income Committee
(C) National Sample Survey Organization
(D) None of these
Correct Answer : A
Following region contributes most to India's GDP?
(A) Primary Sector
(B) Tertiary sector
(C) Secondary sector
(D) None of these
Correct Answer : B
'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
Which of the following issued initial Public Offer no rins for Life Insurance?
(A) CRISIL
(B) SEBI
(C) RBI
(D) IRDA
Correct Answer : C
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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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