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Welcome to our Rajasthan Economy GK Questions and Answers blog! Here, we delve into the economic landscape of Rajasthan, one of India's most vibrant states. From its rich cultural heritage to its burgeoning industries, we explore the key sectors driving its economy, such as tourism, agriculture, and minerals.

6 days ago 86 Views
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Embark on a journey of knowledge with our Top 30 General Knowledge Questions and Answers blog! From history to science, geography to pop culture, our carefully curated selection of trivia will challenge and entertain you.

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Welcome to our Indian Economy GK Quiz and Answers blog, where knowledge meets excitement! Dive into the dynamic world of India's economic landscape with our carefully curated quizzes that promise to challenge and expand your understanding of economic principles, policies, and trends.

Last month 444 Views
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Welcome to our Economics GK Quiz with Answers blog, where you can challenge your understanding of economic principles, theories, and concepts. Whether you're a student, a professional, or just someone intrigued by the world of economics, this Economics GK Quiz with Answers is designed to entertain and educate.

2 months ago 474 Views
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The Indian Economy Quiz with Answers is a captivating test of your knowledge about one of the world's fastest-growing and dynamic economies. This Indian Economy Quiz with Answers blog will challenge your understanding of various economic aspects, from fiscal policies to sectors driving growth in India.

5 months ago 899 Views
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Accounting and Finance Questions and Answers are two closely related fields that play a critical role in managing the financial aspects of businesses and organizations. Accounting involves systematically recording, summarizing, and reporting financial transactions,

5 months ago 546 Views
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A GK (General Knowledge) Quiz Questions and Answers is an engaging and educational activity that challenges participants with a wide range of questions on various topics to test their knowledge about the world, its history, culture, science, geography, current events, and more.

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Welcome to our comprehensive guide on Indian Economy questions for SSC and Competitive Exams! The Indian economy is a dynamic and complex subject that plays a pivotal role in various competitive examinations.

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Recently Added Questions

  • 1
    Primary Lending Rate
    Correct
    Wrong
  • 2
    Reverse Repo Rate
    Correct
    Wrong
  • 3
    Repo Rate
    Correct
    Wrong
  • 4
    Secondary Lending Rate
    Correct
    Wrong
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Answer : 2
Reverse Repo Rate

Explanation :

The reverse repo rate is the rate at which the Reserve Bank of India borrows funds from commercial banks in the country. It is the rate at which commercial banks in India park their excess money with the Reserve Bank of India, usually for the short term.

  • 1
    Only statement I
    Correct
    Wrong
  • 2
    Only statement II
    Correct
    Wrong
  • 3
    Only statements I and III
    Correct
    Wrong
  • 4
    Only statements I and II
    Correct
    Wrong
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Answer : 4
Only statements I and II

Explanation :

All the statements about the National Investment Fund in India are true.

I. It was created in 2005.

II. 75% of its annual income was to be used for schemes promoting health, education and employment.

  • 1
    KC Neogy
    Correct
    Wrong
  • 2
    CD Deshmukh
    Correct
    Wrong
  • 3
    John Mathai
    Correct
    Wrong
  • 4
    RK Shanmukham Chetty
    Correct
    Wrong
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Answer : 4
RK Shanmukham Chetty

Explanation :

1. In the World Monetary Conference at Bretton Woods in 1944, R. Of. Shanmukham Chetty served as the Indian Finance Minister.

 2. Served as Speaker of the Central Legislative Assembly of India, and also as Dewan of Cochin State from 1935 to 1941.

  • 1
    Revenue Deficit
    Correct
    Wrong
  • 2
    Fiscal Deficit
    Correct
    Wrong
  • 3
    Effective Revenue Deficit
    Correct
    Wrong
  • 4
    Primary Deficit
    Correct
    Wrong
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Answer : 2
Fiscal Deficit

Explanation :

1. The difference between the sum of revenue receipts and Non-Debt Capital Receipts (NDCR) and total expenditure is called fiscal deficit.

2. Fiscal deficit is an important indicator of the financial position of the government.

3. It shows how much difference there is between the current income and expenditure of the government.

4. Fiscal deficit can be influenced by many factors, including.

- Economic situation: During an economic recession, the government often increases the fiscal deficit to provide stimulus to the economy.

- Political pressure: Governments often run up fiscal deficits to raise funds for social programs.

- Military spending: Governments often run fiscal deficits to increase military spending.

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Answer : 1
Only B

Explanation :

1. Only B is correct.

2.  India has the highest GDP in dollar terms as compared to Sri Lanka, Bhutan and Bangladesh.

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