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SSC CPO Economy Quiz 10

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SSC CPO Economy Quiz 10

shape Introduction

Economy is a very important subject for Railway Recruitment exams and UPSC Exams. All these questions are easily understandable format. SSC CPO Economy Quiz 10 is very useful to crack several competetive exams. Candidates can check the daily updates on SSC Official Website.

shape Samples

1. The portion of income not spent on ………………. Is saving
    A. Consumption B. Production C. Distribution D. none

Answer: Option A
2. ……………….. is used as a standard for future payment
    A. Cheque B. Money C. Credit card D. none

Answer: Option B
3. The purchasing power of money depends upon the ……………….
    A. Price level B. Demand level C. Supply level D. none

Answer: Option A
4. ………………. Is the unit of account and a standard of common measurement
    A. Medium of exchange B. Measure of value C. Distribution D. none

Answer: Option B
5. Money helps man to …………….. his wants
    A. multiply B. satisfy C. create D. none

Answer: Option B
6. In India which of the following taxes is levied by the state governments?.Money makes ……………….. calculation easy
    A. mental B. personal C. economic D. none

Answer: Option C
7. Money helps man to …………….. his wants
    A. multiply B. satisfy C. Planning commission D. Reserve Bank of India

Answer: Option A
8. The term money is derived from the …………….. word Moneta
    A. Greek B. Latin C. English D. none

Answer: Option B
9. Which of the following statement is NOT correct about the Asian Development Bank (ADB)?
    A. ADB started working on January 1, 1967. B. The chairmanship of the ADB is always given to the Japanese C. Currently it has 53 members D. There are 48 members of the ADB belongs to the Asia and Pacific Region

Answer: Option C
10. Which of the following is the main aim of the ADB?
    A. To create a trade block in the Asian continent to save the environment of the region B. To accelerate the social and economic development of the Asia and Pacific Region C. To establish a trade block in the Asia to deal with the competition coming from the European countries D. None of the above

Answer: Option B
11. Which of the following is the newest member of the ADB? A. Armenia B. Turkmenistan C. Luxembourg D. Niue
Answer: Option D
12. Where is the headquarters of the ADB?
    A. Manila B. Kathmandu C. Jakarta D. Dhaka

Answer: Option A
13. Who is the current President of the ADB?
    A. Takehiko Nakao B. Haruhiko Kuroda C. Tadao Chino D. Shinzō Abe

Answer: Option A
14. Which of the following country has the highest subscribed capital of the ADB?
    A. India B. USA C. Japan D. China

Answer: Option C
15. Who is the India’s governor on the board of the governors of the Asian Development Bank?
    A. Prime Minister of India B. Finance Minister of India C. Governor of Reserve Bank of India D. Foreign Minister

Answer: Option B

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