General Knowledge : Economics QUESTIONS AND ANSWERS :: part1 : 6 to 10
Following General Knowledge Multiple choice objective type questions and answers will help you in TRB, SSC and UPSC 2024 examinations :
6.Open market operations of a Central Bank are sale and purchase of |
| Foreign currencies |
| corporate securities |
| trade bills |
| government securities |
7.The National Income is more at current prices than at constant prices because |
| increase in price is equal to increase in production |
| increase in price is more than production |
| increase in production is more than increase in price |
| of decrease in production only |
8.Which of the following is not a function of the RBI ? |
| Bankers Bank |
| Bank of Issue |
| Bankers to the Public |
| Custodian of foreign exchange |
9.Which two of the following nationlised banks have been merged as per the recommendation of the Narasimhan Committee ? |
| New Bank of India and Bank of India |
| Central Bank of India and Corporation Bank |
| Parur Bank of India and Bank of India |
| Punjab National Bank and New Bank of India |
10.The Reserve Bank of India issues notes under the following note issue method |
| Proportional reserve system |
| Minimum reserve system. |
| Maximum fiduciary system |
| Fixed fiduciary system |
More Economics QUESTIONS AND ANSWERS available in next pages
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