Search Placementyogi.com
 

Indian Economy General Knowledge Objective Questions and Answers with explanation

Please Join our Govt Jobs Preparation Group on Fb:
Government Jobs Preparation India
So that we can help you in a forum environment.

1

Fiscal deficit in the Union Budget means

A.

the sum of monetized deficit and budgetary deficit

B.

the difference between current expenditure and current revenue

C.

net increase in Union Governments borrowings from the Reserve Bank of India

D.

the sum of budgetary deficit and net increase in internal and external borrowings

See Answer & Explanation Lets Discuss
Correct answer is : D
Explanation

No explanation available. Let's Discuss

 
2

Reserve Bank of India was nationalized in the year

A.

1949

B.

1935

C.

1969

D.

1945

See Answer & Explanation Lets Discuss
Correct answer is : A
Explanation

No explanation available. Let's Discuss

 
3

If all the banks in an economy are nationalized and converted into a monopoly bank, the total deposits

A.

will neither increase nor decrease

B.

will decrease

C.

will increase

D.

None of these

See Answer & Explanation Lets Discuss
Correct answer is : A
Explanation

No explanation available. Let's Discuss

 
4

Non Tax revenues can be increased by improving the working of the

A.

commercial irrigation projects

B.

State Road Transport Corporations

C.

electricity boards

D.

None of these

See Answer & Explanation Lets Discuss
Correct answer is : A
Explanation

No explanation available. Let's Discuss

 
5

In India, rural incomes are generally lower than the urban incomes, which of the following reasons account for this?

  1. A large number of farmers are illiterate and know little about scientific agriculture
  2. Prices of primary products are lower than those of manufactured products
  3. Investment in agriculture has been low when compared to investment in industry
A.

I, III

B.

II, III

C.

I, II

D.

I, II, III

See Answer & Explanation Lets Discuss
Correct answer is : D
Explanation

No explanation available. Let's Discuss

 
 

Banner to LogicGuns.com

Hide Page Information

Indian Economy General Knowledge Objective Questions and Answers with Explanation

Indian Economy General Knowledge Objective Questions and Answers for Government Sector job preparation. Indian Economy General Knowledge Objective Questions are very important for exams like SSC IBPS, Bank PO, BPSC, UPSC, Govt Jobs, Bank Clerk , UPPSC etc.

How should we start preparing for Indian Economy General Knowledge?

To prepare for Indian Economy General Knowledge you should start with reading newspapers like The Hindu, Times of India. Read atleast 2 newspapers to get different point of views on each topic.

How important is Indian Economy General Knowledge in Exams?

The Indian Economy General Knowledge paper is very important as almost all the exams ask gk questions. Indian Economy General Knowledge questions are even asked in interview round.

Where can I practice Indian Economy General Knowledge Objective Questions and Objective Questions?

Here at placementyogi.com we have a good collection of GK Objective Type Questions that can help you to practise Objective Questions on Indian Economy General Knowledge. Many of these Objective questions will get repeated in government sector exams and will help you in preparing for the Indian Economy General Knowledge paper.