Indian Economy Practice Question and Answer

Q:

Who said that debt is child of deposit and deposit is child of debt?

2960 0

  • 1
    Cannes
    Correct
    Wrong
  • 2
    Marshall
    Correct
    Wrong
  • 3
    Pigue
    Correct
    Wrong
  • 4
    Crowther
    Correct
    Wrong
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Answer : 1. "Cannes"

Q:

What is the name of the currency of Bangladesh?

4456 0

  • 1
    Rupee
    Correct
    Wrong
  • 2
    Dollar
    Correct
    Wrong
  • 3
    Taka
    Correct
    Wrong
  • 4
    Dinar
    Correct
    Wrong
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Answer : 3. "Taka"

Q:

Which metal is most used as currency?

1273 0

  • 1
    Iron
    Correct
    Wrong
  • 2
    Copper
    Correct
    Wrong
  • 3
    Brass
    Correct
    Wrong
  • 4
    Silver and Gold
    Correct
    Wrong
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Answer : 4. "Silver and Gold"

Q:

Which of the following are not functions of currency?

1083 0

  • 1
    Medium
    Correct
    Wrong
  • 2
    Measurement
    Correct
    Wrong
  • 3
    Payment
    Correct
    Wrong
  • 4
    Writing and editing
    Correct
    Wrong
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Answer : 4. "Writing and editing"

Q:

Which form of currency is more prevalent nowadays?

1140 0

  • 1
    Metallic money
    Correct
    Wrong
  • 2
    letter money
    Correct
    Wrong
  • 3
    Coins
    Correct
    Wrong
  • 4
    All of these
    Correct
    Wrong
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Answer : 2. "letter money"

Q:

Which method is acceptable in the following?

1246 0

  • 1
    10 rupee note
    Correct
    Wrong
  • 2
    Check
    Correct
    Wrong
  • 3
    Draft
    Correct
    Wrong
  • 4
    All of these
    Correct
    Wrong
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Answer : 1. "10 rupee note"

Q:

Which currency is legally recognized in our country?

4009 0

  • 1
    Good money
    Correct
    Wrong
  • 2
    Credit-currency
    Correct
    Wrong
  • 3
    letter money
    Correct
    Wrong
  • 4
    Check
    Correct
    Wrong
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Answer : 3. "letter money"

Q:

In which year was the National Income Committee formed?

1355 0

  • 1
    1950
    Correct
    Wrong
  • 2
    1949
    Correct
    Wrong
  • 3
    1948
    Correct
    Wrong
  • 4
    1960
    Correct
    Wrong
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Answer : 2. "1949"

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