Economics Questions and Answers updated daily – General Knowledge
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Economics Questions
21. The Government of India has released ________________ grant for Terai roads project in Nepal to maintain fund liquidity for the ongoing construction of 14 road packages under Postal Highway Project.










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Correct Ans:470 million Nepali rupees
Explanation:
The Government of India has released 470 million Nepali rupees grant for Terai roads project in Nepal. Indian Ambassador to Nepal Manjeev Singh Puri handed over a cheque of grant to Secretary, Ministry of Physical Infrastructure and Transport of Nepal, Madhusudan Adhikari in Kathmandu, Nepal.
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22. The exchange of commodities between two countries is referred as ___________.










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Correct Ans:Volume of trade
Explanation:
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23. What is the Minimum Support Price of the wheat for 2014-15?










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Correct Ans:1450/quintal
Explanation:
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24. The twelfth five year plan has the target to increase the spending on the health sector to _____










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Correct Ans:2 % of the GDP
Explanation:
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25. Which of the following statement is Not correct?










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Correct Ans:Gift tax is indirect tax.
Explanation:
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26. Which currency is included in the basket of International Monetary Fund (IMF) recently?










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Correct Ans:Yuan
Explanation:
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27. If interest payment is deducted from the fiscal deficit then what would left?










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Correct Ans:Primary deficit
Explanation:
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28. What is the target of fiscal deficit in the year 2016-17?










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Correct Ans:3.60%
Explanation:
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29. How many companies are represented in the BSE SENSEX?










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Correct Ans:30
Explanation:
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30. Who is called the father of Operation Flood in India?










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Correct Ans:Verghese Kurien
Explanation:
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31. Who is the chairman of the 14th finance commission of India?










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Correct Ans:Y. Venugopal Reddy
Explanation:
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32. Which of the following is the biggest contributor of foreign exchange reserve of India?










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Correct Ans:Foreign currency assets
Explanation:
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33. Which of the following is not matched correctly?










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Correct Ans:IFC established:1947
Explanation:
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34. Which of the following statement is correct about International Monetary Fund?










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Correct Ans:A member of IMF automatically becomes member of World Bank.
Explanation:
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35. Which of the following statement is not correct about INDIA VISION-2020?










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Correct Ans:It was designed by the Dr. Sam Pitroda
Explanation:
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36. What is the duration of fourth five year plan?










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Correct Ans:From April 1969 to March 1974
Explanation:
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37. Which of the following sector is not covered under the Bharat Nirman Programme?










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Correct Ans:Health & Nutrition
Explanation:
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38. Which of the following option is/are correct about Bharat Nirman Programme?
i. It was launched on Dec. 2007
ii. This scheme want urban development only
iii. This programmes targets mainly six sectors only.
Options are:
i. It was launched on Dec. 2007
ii. This scheme want urban development only
iii. This programmes targets mainly six sectors only.
Options are:










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Correct Ans:Only iii
Explanation:
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39. Which of the following is not a public sector bank ?










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Correct Ans:Standard Chartered Bank
Explanation:
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40. Which of the following statement is/are correct about Reserve Bank of India?
i. It was established in 1935.
ii.It was nationalized on December, 1950.
iii.Its headquarter is in Mumbai
Options are:
i. It was established in 1935.
ii.It was nationalized on December, 1950.
iii.Its headquarter is in Mumbai
Options are:










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Correct Ans:Only i & iii
Explanation:
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