Top 10 General Knowledge | Indian Economy Facts | Part-08
1. Inflation is situation in which……?
(a) Value of money decreases
(b) Value of money increases
(c) First increases then decreases
(d) First decreases then increases
Ans. (a) Value of money decreases.
2. Which of the following tax is imposed by the state government?
(a) Gift tax
(b) Property tax
(c) Road tax
(d) None of these
Ans. (c) Road tax.
3. Which of the following is not matched correctly?
(a) IFCI established : 1948
(b) NABARD established : 1982
(c) EXIM Bank established :1988
(d) SIDBI established : 1990
Ans. (c) EXIM Bank established :1988.
4. Balance of payment includes only ………in its calculation.
(a) Visible goods
(b) Invisible goods
(c) Both a & b
(d) None of these
Ans. (c) Both a & b.
5. Which of the following statement is correct?
(a) Balance of trade includes only invisible goods.
(b) Balance of payment is always in equilibrium in accounting sense
(c) When export exceeds the import the balance of payment is termed as unfavorable
(d) When local currency devaluates the exported quantity of the domestic country decreases
Ans. (b) Balance of payment is always in equilibrium in accounting sense.
6. Who designed the symbol of Indian rupee?
(a) Rakesh kumar
(b) Udit raj
(c) D. Uday kumar
(d) Dr. Raj kumar
Ans. (c) D. Uday kumar.
7. In census 2011, which of the following have minimum density of population?
(a) Bihar
(b) Kerala
(c) Goa
(d) Arunachal Pradesh
Ans. (d) Arunachal Pradesh.
8. Why a government does devaluation of its currency?
(a) To increase export
(b) To reduce import
(c) To decrease export
(d) Both a & b
Ans. (d) Both a & b.
9. Which of the following statement is not correct?
(a) Birth rate is number of the births per thousand of the population during a year.
(b) Blue chip is a company which does not guarantee about the return on an investment
(c) Bull is a persons who is optimistic about the share market
(d) Boom is a situation of an economy in which price and employment are the maximum
Ans. (b) Blue chip is a company which does not guarantee about the return on an investment.
10. What kind of unemployment is found in the agricultural sector of India?
(a) Situational
(b) Voluntary
(c) Frictional
(d) Disguise
Ans. (d) Disguise.