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Indian Economy General Knowledge Questions and Answers for SSC and Bank Exams

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Q :  

What is considered to be knowledge, technical skill, education etc. in the economy?

(A) Tangible physical capital

(B) Working Capital

(C) Human Capital

(D) none of these

Correct Answer : C

Q :  

Which of the following is the most dynamic factor of production?

(A) Capital

(B) Organization

(C) land

(D) Labor

Correct Answer : A

Q :  

When was the Industrial and Financial Exchange Board established?

(A) 1945

(B) 1955

(C) 1992

(D) 1995

Correct Answer : C

Q :  

Which of the following organization provides long term finance to industries?

(A) L.I.C

(B) G.I.C

(C) U.T.I

(D) All these

Correct Answer : D

Q :  

Bokaro Steel Plant has been established with the help of which country?

(A) Great Britain

(B) France

(C) Russia

(D) none of these

Correct Answer : C

Q :  

Where is Dalal Street located?

(A) Mumbai

(B) Paris

(C) New Delhi

(D) none of these

Correct Answer : A

Q :  

Government takes way and means loan?

(A) IDBI

(B) RBI

(C) SBI

(D) ICICI

Correct Answer : B

Q :  

Which of the following is considered as the main determinant of real wages?

(A) purchasing power of money

(B) Nature of work

(C) additional income

(D) none of these

Correct Answer : A

Q :  

In which year was the first Regional Rural Bank established?

(A) 1947

(B) 1975

(C) 1950

(D) 1995

Correct Answer : B

Q :  

What is the relationship between the value of money and the price level in an economy?

(A) stable

(B) inverse

(C) Anulom

(D) none of these

Correct Answer : B

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