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Home
Practice Tests
Economics Practice Tests
Economics Quiz - Question & Answers Set - 36
15 Questions
Time Left -
Economics Quiz - Question & Answers Set - 36
Question 1 :
…………………….. refers to the withdrawal of currency from circulation which is done to ambush black market currency and unaccounted money.
A
Devaluation
B
Decentralisation
C
Denomination
D
Demonetization
Question 2 :
The Banking Companies Act was amended in 1949 and its name changed to the ………………….
A
Banking Laws Act
B
Reserve Bank of India Act
C
Banking Transfer Act
D
Banking Regulation Act
Question 3 :
The first bank in India managed by Indians was the ………………………
A
RBI
B
Oudh Commerical Bank
C
Corporation Bank
D
Bank of India
Question 4 :
Who is known as the Father of Economics ?
A
Dadabhai Naoroji
B
Aristotle
C
Adam Smith
D
VKRV Rao
Question 5 :
………………….. examine the behaviour of basic elements in the economy including individual agents and market and their interaction.
A
Micro Economics
B
Macro  Economics
C
Modern  Economy
D
Open  Economy
Question 6 :
……………………..studies the economy as a whole and its features like national income, unemployment, poverty, balance of payment and inflation
A
Modern  Economy
B
Modern  Economy
C
Open Economy
D
Macro Economics
Question 7 :
Which of the following is generally free from trade barriers and where exports and imports from a large % of GDP ?
A
Modern  Economy
B
Open Economy
C
Closed Economy
D
Macro Economics
Question 8 :
An economy in which no activity is conducted with outside economy is called ……………..
A
Open Economy
B
Modern Economy
C
Closed Economy
D
Micro Economics
Question 9 :
Which of the following is primary sectors of Indian Economy ?
A
Agriculture
B
Mining
C
Business
D
Community
Question 10 :
Business, Transport, telecommunication, banking, insurance, real estate, community and personal services are ……………….. sectors of Indian Economy
A
Primary Sectors
B
Secondary Sectors
C
All the above
D
Tertiary sectors
Question 11 :
Which of the following is secondary sectors of Indian Economy ?
A
Construction
B
Water Supply
C
Manufacturing
D
Gas
Question 12 :
In India financial year is from ………………….. to …………………..
A
1st May to 30th July
B
1st April to 31st March
C
1st January to 30th September
D
1st February to 30th June
Question 13 :
When the national income is measured at the base year price, it is called national income at …………….
A
Indirect taxes
B
Constant price
C
Factor Cost
D
Current year price
Question 14 :
The Government of India appointed a National Income Committee under the chairmanship of Dr.PC.Mahalanobis. This committee gave its first report in ………………..
A
1951
B
1954
C
1956
D
1960
Question 15 :
………………….. is the total money value of all final goods and services produced within the geographical boundaries of the country during a given period of time
A
Gross Domestic Product
B
Nominal GDP
C
Real GDP
D
Gross National Product
Model Question Papers
Union Bank of India PO 2008 English Language
Binder Grade II Logical Reasoning & Mathematics
KSIE Junior Assistant Logical Reasoning & Mathematics
Kerala PSC LDC Thrissur 2003 Logical Reasoning & Mathematics
Kerala PSC LDC Palakkad 2003 Logical Reasoning & Mathematics
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