Economics QUESTIONS AND ANSWERS

General Knowledge : Economics QUESTIONS AND ANSWERS :: part2 : 16 to 20

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

16.All revenues received, loans raised and money received in repayments of loans by the Union Government go into

Contingency Fund of India

Consolidated Fund of India

Public Account of India

None of these

17.In our country, which of the following affects poverty line the most ?

Level of prices

Production quantum

Per capita income

Quantum of gold reserve

18.Which of the following is correct regarding the Gross Domestic Savings in India ?

Contribution of Household sector is the largest

Contribution of Government sector is the largest

Contribution of Coporate sector is the largest

None of these

19.A currency whose exchange rate tends to fall because of persistent balance of payment deficit is known as

Soft Currency

Hard Currency

Sinking Currency

Gold Currency

20.What was the main purpose of introducing "" Gold Bond Scheme"" in the 1992 - 93 Union budget ?

To raise money for various Govt. schemes

To mobilise the idle gold resources of people to supplement official reserves

To discourage poople to purchase gold from market at a higher cost

To encourage NRIs to bring more gold in the country

More Economics QUESTIONS AND ANSWERS available in next pages

Health is the greatest gift, contentment is the greatest wealth -Buddha

Opportunity is missed by most people because it is dressed in overalls and looks like work.- Thomas Edison

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