Economics General Knowledge Questions

Rajesh Bhatia4 years ago 6.2K Views Join Examsbookapp store google play
Economics General Knowledge Questions
Q :  

Deficit financing means the government borrows money from the – 

(A) International Monetary Fund

(B) Ministry of Finance

(C) Reserve Bank of India

(D) World Trade Organization


Correct Answer : C

Q :  

which one among the following formulates the fiscal policy In India?

(A) Planning Commission

(B) Ministry of Finance

(C) Finance Commission

(D) The Reserve Bank of India


Correct Answer : B

Q :  

Short-term finance is usually for a period ranging up to how many month?

(A) 5 months

(B) 10 months

(C) 12 months

(D) 8 months


Correct Answer : C

Q :  

The study of factor pricing is alternatively called the theory of 

(A) functional distribution

(B) personal distribution

(C) Income distribution

(D) wealth distribution


Correct Answer : A

Q :  

The process of curing inflation by reducing money supply is called 

(A) Cost - push inflation

(B) Demand - pull inflation

(C) Disinflation

(D) Reflation


Correct Answer : C

Q :  On which great mahatma's name "National Rural Employment Guarantee Scheme?"

(A) Rajeev Gandhi

(B) Mahatama Gandhi

(C) Indira Gandhi

(D) Jawahar Lal Nehru


Correct Answer : B

Q :  

Short-term finance is usually for a period ranging up to

(A) 5 months

(B) 10 months

(C) 12 months

(D) 8 months


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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