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SSC CPO Economy Quiz 4

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SSC CPO Economy Quiz 4

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Economy is a very important subject for Railway Recruitment exams and UPSC Exams. All these questions are easily understandable format. SSC CPO Economy Quiz 4 is very useful to crack several competetive exams. Candidates can check the daily updates on SSC Official Website.

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1. Indian Economy is:
    A. Socialistic Economy B. Gandhian Economy C. Mixed Economy D. Free Economy

Answer: Option C
2. Who issues one rupee coins in India?
    A. RBI B. Nationalised banks C. Ministry of Finance, Government of India D. None of the above

Answer: Option C
3. RBI is entrusted with the responsibility of making and receiving all payments in behalf of Govt. of India. AT places where RBI doesn’t have a branch, which bank works as its agent for these functions?
    A. State bank of India B. Bank of India C. Punjab National Bank D. None

Answer: Option A
4. Deficit financing implies
    A. printing new currency notes B. replacing new currency with worn out currency C. public expenditure in excess of public revenue D. public revenue in excess of public expenditure

Answer: Option C
5. Foreign Direct Investment ceilings in the telecom sector have been raised from 74 percent to
    A. 80 percent B. 83 percent C. 90 percent D. 100 percent

Answer: Option D
6. Macro Economics is a
    A. Branch in Commerce B. Branch in Engineering C. Industry related data D. Study of Economics of large units

Answer: Option D
7. Union Budget is generally presented in which of the following month?
    A. January B. February C. July D. December

Answer: Option B
8. Who was the first chairman of the Planning Commission of India?
    A. Dr.Bhimrao Ambedkar B. Rajiv Gandhi C. Dr.Rajendra Prasad D. Pt.Jawaharlal Nehru

Answer: Option D
9. Devaluation of currency leads to?
    A. fall in domestic prices B. increase in domestic prices C. cant be predicted D. None of above

Answer: Option B
10. India earns maximum foreign exchange by the export of ?
    A. Iron B. Handloom C. Textiles D. Tea

Answer: Option D
11. National Income estimates in India are prepared by
    A. Planning Commission B. Reserve Bank of India C. Central statistical organisation D. Indian statistical Institute

Answer: Option C
12. Which kind of power accounts for the largest share of power generation in India
    A. Hydro - electricity B. Thermal C. Nuclear D. Solar

Answer: Option B
13. In which among the following years, a new ” Liberalized Industrial Policy ” in India was announced for the first time?
    A. 1986 B. 1991 C. 1992 D. 1993

Answer: Option B
14. In which among the following years, the MRTP act became effective?
    A. 1970 B. 1972 C. 1975 D. 1978

Answer: Option A
15. The main impact of the Green Revolution has been on
    A. pulses B. vegetables C. fruits D. cereals

Answer: Option D

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