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Indian Economy

General Knowledge on Indian Economy

(Click on suggested Options to select the answer | Color Red means : Wrong & Green Means: Correct)
221. Special Drawing Rights (SDRs) relate to
  • A. the World Bank
  • B. the Reserve Bank of India
  • C. the World Trade Organization
  • D. the International Monetary Fund
  • Check Answer | Discussion
222. If the price of an inferior good falls, its demands
223. The minimum effect of direct taxes is on
224. Which of the following is an indirect tax ?
225. Indian Economy ____________________economy
226. The Deputy Chairman of the Planning Commission
  • A. is the Prime minister
  • B. is the Planning Minister
  • C. holds the rank of a Cabinet Minister
  • D. is an economist of repute
  • Check Answer | Discussion
227. Economic Survey is published by
228. Who decides the Minimum Support Price (MSP) for agricultural crops in India?
  • A. Ministry of Agriculture
  • B. NABARD
  • C. Agriculture Cost and Price Commission (ACPC)
  • D. MInistry of Commerce
  • Check Answer | Discussion
229. When does the problem of unfavourable balance of payment arise?
  • A. When exports decrease
  • B. When exports increase
  • C. When imports decrease
  • D. When imports are greater than exports
  • Check Answer | Discussion
230. The basic attribute of a formal organisation is

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