Economics QUESTIONS AND ANSWERS

General Knowledge : Economics QUESTIONS AND ANSWERS :: part7 : 81 to 85

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

81.Stagflation implies a case of

galloping inflation

recession pous inflation

adverse balance of trade

rising wages and employment

82.Who is the Chairman of the New York Stock Exchange ?

Richard Grasso

Richard D Souza

Richard Ferrari

Richard Paul

83.Who among the following is the Chairman of the Planning Commission ?

President

Speaker of Lok Sabha

Prime Minister

Union Minister of Planning

84.Given below are two statements, labeled as Assertion (A) and Reason (R). Which of the following is true in their context ? 1. Assertion (A) : There was an increase in industrial production during 1999-2000. 2. Reason (R) : The period witnessed a stable exchange rate and improved business sentiments.

Both A and R are true and R is the correct explanation of A.

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

A is true but R is false.

A is false but R is true.

85.India has

Socialistic economy

Gandhian economy

Mixed economy

Free economy

More Economics QUESTIONS AND ANSWERS available in next pages