Economics GK Practice Question and Answer
8 Q: Bombay Stock Exchange is the ______ stock exchange of Asia.
275 064919aca187426e0495d6a87
64919aca187426e0495d6a87- 1Firsttrue
- 2secondfalse
- 3fourthfalse
- 4thirdfalse
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Answer : 1. "First"
Explanation :
1. Bombay Stock Exchange is the oldest stock exchange in Asia, and also the tenth oldest stock exchange in the world.
2. The Bombay Stock Exchange became the first stock exchange in India to issue commodity derivative contracts in gold and silver.
Q: In which of the following years was the Reserve Bank of India nationalised?
511 0644bde2a6842c5ce47ce8093
644bde2a6842c5ce47ce8093- 11935false
- 21949true
- 31927false
- 41965false
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Answer : 2. "1949"
Q: What is the total stock of money in circulation among the public at a particular point of time called?
460 0642c0cf22b960e1a419654e3
642c0cf22b960e1a419654e3- 1Money orderfalse
- 2Money supplytrue
- 3Short moneyfalse
- 4Money launderingfalse
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Answer : 2. "Money supply "
Q: A type of unemployment in rural areas when people are not able to find jobs during some months of the year is called ______.
437 064242d0a9d18d2e8ae1754b3
64242d0a9d18d2e8ae1754b3- 1educated unemploymentfalse
- 2disguised unemploymentfalse
- 3frictional unemploymentfalse
- 4seasonal unemploymenttrue
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Answer : 4. "seasonal unemployment"
Q: A form of financial service which provides small loans and other financial services to poor and low-income households is called ______.
427 0642428df5bff3d098d10de5e
642428df5bff3d098d10de5e- 1microfinancetrue
- 2commercial mortgagefalse
- 3invoice financingfalse
- 4personal financefalse
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Answer : 1. " microfinance "
Q: What is called by the government to abolish the old currency and move to the new currency?
793 06088f6270ac1df7d9f7feca2
6088f6270ac1df7d9f7feca2- 1Demonetizationtrue
- 2devaluationfalse
- 3Currency contractionfalse
- 4All thesefalse
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Answer : 1. "Demonetization"
Q: Which state of India has the highest percentage of poor?
791 06052f13ea01bc44789ad1c50
6052f13ea01bc44789ad1c50- 1Orissafalse
- 2Viharfalse
- 3Jharkhandtrue
- 4Chhattisgarhfalse
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Answer : 3. "Jharkhand"
Q: Average Revenue means
585 0638f0e92d319b37ca1812928
638f0e92d319b37ca1812928- 1the revenue per unit of commodity soldtrue
- 2the revenue from all commodities soldfalse
- 3the profit realised from the marginal unit soldfalse
- 4the profit realised by sale of all commoditiesfalse
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