General Economics Questions and Answers
![General Economics Questions and Answers](/img/post/large/general-economics-questions-and-answers-mldn.jpg)
On what is the excise duty levied?
(A) Sale of goods
(B) Production of goods
(C) Import of goods
(D) Export of goods
Correct Answer : B
Amazon Ties up with which of the following company to Launch Deep Learning Platform?
(A) Facebook
(B) Microsoft
(C) IBM
(D) Wipro
(E) Google
Correct Answer : B
Which e-commerce company has introduced ‘ anti-theft‘ packaging for the first time in India?
(A) Flipkart
(B) Amazon
(C) ebay
(D) Snapdeal
(E) Alibaba
Correct Answer : A
Which is not the main objective of fiscal policy in India?
(A) To increase liquidity in the economy
(B) To encourage price stability
(C) To reduce inequalities of income and wealth
(D) To encourage employment opportunities
Correct Answer : A
Which of the following tax is collected by the state government in India?
(A) Excise duty on liquor
(B) Capital gains tax
(C) Customs
(D) Corporation Tax
Correct Answer : A
To which of the following priority sector do commercial banks give loans?
(A) Heavy Industries
(B) Agriculture, small scale industries and weaker sections
(C) Foreign companies
(D) State Government in case of emergency
Correct Answer : B
What will happen if government expenditure on the current account exceeds government revenue?
(A) Deficit budget
(B) Zero based budget
(C) Performance Based Budgeting
(D) Surplus Budget
Correct Answer : A
Which of the following is an example of a cartel?
(A) Organization of Petroleum Exporting Countries (OPEC
(B) International Monetary Fund
(C) World Trade Organization
(D) United Nations Organization
Correct Answer : A
Recently passed by the Govt. s. T. Bill (Goods and Services Tax) will be levied on which of the following products?
(A) Crude petroleum
(B) Tobacco
(C) Natural Gas
(D) Aviation Turbine Fuel
Correct Answer : B
What does supply-side economics give more emphasis on?
(A) Manufacturer
(B) World Economy
(C) Consumer
(D) Middleman
Correct Answer : A