General Knowledge Questions And Answers :: Economics: part7



General Knowledge : Economics QUESTIONS AND ANSWERS :: part7 : 56 to 60

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

56.Given below are two statements labelled as Assertion (A) and Reason (R) in the context of the statements, which of the following is correct ?Assertion (A) : The tertiary sector of the Indian economy had the fastest rate of growth among various sectors of the Indian economy.Reason (R) : Rates of investment and technological innovations were the fastest in the tertiary sector.

Both A and R are true and R is the correct explanation of A.
Both A and R are true but R is the not the correct explanation of A.
A is true but R is false.
A is false but R is true.

57.How many Banks were nationalised in 1969 ?

6
8
14
20

58.Given below are two statements labelled as Assertion (A) and Reason (R) in the context of the statements, which of the following is correct ?Assertion (A) : New Industrial Policy of 1991 reduces the list of industries reserved for public sector from 17 to 18.Reason (R) : Policy for sick public enterprices is to be the same as that for private sectors.

Both A and R are true and R is the correct explanation of A.
Both A and R are true but R is the not the correct explanation of A.
A is true but R is false.
A is false but R is true.

59.Given below are two statements labelled as Assertion (A) and Reason (R) in the context of the statements, which of the following is correct ?Assertion (A) : Norms and arrangements for the working capital needs of units in backward areas are not clearly defined.Reason (R) : Industrialisation of backward areas is held up because of extraneous factors.

Both A and R are true and R is the correct explanation of A.
Both A and R are true but R is the not the correct explanation of A.
A is true but R is false.
A is false but R is true.

60.Which of the following are under the purview of Industrial Development Bank of India ? 1. Unit Turst of India 2. Life Insurance Corporation of India 3. Export - Import Bank 4. State Finance Corporation of India

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

More Economics QUESTIONS AND ANSWERS available in next pages

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