General Knowledge Questions And Answers :: Economics: part7



General Knowledge : Economics QUESTIONS AND ANSWERS :: part7 : 21 to 25

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

21.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 Exit Policy is kept entirely voluntary in nature.Reason (R) : A compulsory Exit Policy would be politically damaging.

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.

22.The first Indian Bank was

Punjab National Bank
Traders Bank
State Bank of India
Presidency Bank of Bombay

23.Which of the following deals with economic offences ?

MISA
NSA
TADA
COFEPOSA

24.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) : In inflation, there is increase in money - supply and the rise in price level.Reason (R) : The rise in price level is due to shortage in supply of essential consumer goods.

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.

25.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) : Rural industrial cooperatives offer acomprehaensive solution to the organisational problems of artisans.Reason (R) : Most of the rural industrial cooperatives are in very bad shape.

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

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