Economics QUESTIONS AND ANSWERS

General Knowledge : Economics QUESTIONS AND ANSWERS :: part2 : 56 to 60

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

56.The Union Budget for 1993 - 94 provided for

ready exchangeability of rupee

partial convertibility of rupee

full convertibility of rupee

100 % convertibility at market determined rate

57.The basic regulatory authority for mutual funds and stock market lies with the

Government of India

Reserve Bank of India

Securities and Exchange Board of India

Stock Exchange

58.In India, the Public Sector is most dominant in

transport

steel production

commercial banking

organised term - lending financial institutions

59.Which of the following is the basis for determining the national income ?

Total revenue of the state

Net profit earned and expenditure incurred by the state

Production of goods and services

All of the above

60.Which of the following serves as an instrument of decision making in a capitalist economy ?

Capitals

Consumers

Price mechanism

Amount of production

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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