General Knowledge Questions And Answers :: Economics: part1



General Knowledge : Economics QUESTIONS AND ANSWERS :: part1 : 71 to 75

Following General Knowledge Multiple choice objective type questions and answers will help you in TRB, SSC and UPSC 2024 examinations :

71.What is a Scheduled Bank ?

A bank having Rs. 10 crore deposits
A bank having Rs. 100 crore deposits
A bank having Rs. 1000 crore deposits
A bank included in the Second Schedule of RBI Act

72.Which of the following are the main causes of slow rate of growth of per capita income in India ?1. High capital - output ratio2. High rate of growth of population3. High rate of capital formation4. High level of fiscal deficits

1 and 2
2., 3 and 4
1 and 4
1, 2, 3 and 4

73.What was the most significant impact of the Industrial Revolution in Europe on Inidas economy ?

Machines were introduced in the textile industry.
Handicrafts of India were ruined
Heavy import duty was imposed on foreign goods
Employment opportunities increased manifold.

74.According to the Union - Budget for 2001 - 02, the fiscal deficit has been pegged at

3.9 %
4.7 %
5.8 %
6.7 %

75.The largest share of Indias national income originates in the

Primary sector
Secondary Sector
Tertiary Sector
None of these

More Economics QUESTIONS AND ANSWERS available in next pages

    Health is the greatest gift, contentment is the greatest wealth -Buddha
Failure defeats losers, failure inspires winners.-Robert T. Kiyosaki