General Knowledge Questions And Answers :: Economics: part7



General Knowledge : Economics QUESTIONS AND ANSWERS :: part7 : 96 to 100

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

96.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) : Ceiling on foreign exchange for a host of current account transaction heads was lowered in the year 2000.REason (R) : There was a fall in foreign currency assets aslo.

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.

97.Which of th efollowing are the objectives of the Commission for Agricultural Costs and Prices (CACP) ? 1. To stabilise agricultural prices. 2. To ensure meaningful real income levels to the farmers. 3. To protect th einterest of the consumers by providing essential agricultural commodities at reasonable rates through public distribution systemTo ensure maximum price for the farmer

1, 2 and3
1, 2 and 4
1, 3 and 4
2, 3 and 4

98.Information about argiculture and allied subjects is collected and published by

Indian Statistical Institute
National Council for Applied Economic Research
Directorate of Economics and Statistics
Indian Council of Agricutural Research

99.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 Industrial Development Bank of India was a whooly owned subsidiary of Reserve Bank.Reason (R) : The Reserve Bank has nominee on the Board of Directors of the IDBI.

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.

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