General Knowledge Questions And Answers :: Economics: part2



General Knowledge : Economics QUESTIONS AND ANSWERS :: part2 : 41 to 45

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

41.The cause of inflation is

increase in money supply
fall in production
increase in money supply & fall in production
decrease in money supply & fall in production

42.The National Housing Bank is a Subsidiary of

Reserve Bank of India
NABARD
Unit Trust of India
Life Insurance Corporation of India

43.In India since Independence

the gap between the rich and the poor has been bridged
the magnitude of unemployment has decreased
poverty has been reduced
the rate of savings and investment have gone up

44.Which of the following is the major consideration for initiating a series of measures aimed at liberalising the Indian economy during the last one year ?

Import of gold to meet domestic demand
Encouragment of foreign equity participation in Indian industries
Reduction of excise duty on several consumer goods
Import of food to face artificially created scarcity

45.Which of the following are referred to as the development economies ?

Countries earning huge industrial profits
Countries proficient in trade and export
Countries having large per capita income
Countries advanced in technology

More Economics QUESTIONS AND ANSWERS available in next pages

    Health is the greatest gift, contentment is the greatest wealth -Buddha
The only place where success comes before work is in the dictionary.- Vidal Sassoon