General Knowledge Questions And Answers :: Economics: part7



General Knowledge : Economics QUESTIONS AND ANSWERS :: part7 : 86 to 90

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

86.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) : Commercial Banks play a leading role in diverting savings into channels of productive investmentReason (R) : Banks are purveyors of credit

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.

87.The ""Marrakesh Declaration"" adopted at the meeting of GATT was a result of which of the following

Geneva Agreement
Paris Conclave
Delhi Declaration
Uruguay Round

88.Which of the following statements is true about Asian Development Bank ?

It is a Commercial Bank.
It was sponsored by UN.
It is a subsidiary of Workd Bank
It gives loans only for housing projects.

89.World Tade Organisation is the new name of

World Bank
IMF
GATT
IFC

90.Capital - intensive industries

curb the growth of large scale industries
increase unempliyment
increase employment in rural areas
Provide opportunities for workers participation in management

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