Economics MCQ Questions and Answers

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Q51
Which bank in India performs duties of Central Bank ?
  • A Central Bank of India
  • B State Bank of India
  • C Reserve Bank of India
  • D Above (A) and (B)
Answer: Option C
Q52
Out of one Rupee expenditure, how much paise have been allotted for subsidy in 2009-10 interim budget proposals ?
  • A 12 paise
  • B 10 paise
  • C 9 paise
  • D 7 paise
Answer: Option C
Q53
‘India Brand Equity Fund’ was established in-
  • A 1996
  • B 1997
  • C 1995
  • D 1992
Answer: Option A
Q54
Mixed Economy means-
  • A Co-existence of small and large industries
  • B Promoting both Agriculture and Industries in the economy
  • C Co-existence of public and private sectors
  • D Co-existence of rich and poor
Answer: Option C
Q55
Ministry of HRD has announced to hike FDI limit in Education to-
  • A 65%
  • B 70%
  • C 75%
  • D 100%
Answer: Option D
Q56
‘Pure Banking, Nothing Else’ is a slogan raised by-
  • A ICICI Bank
  • B HDFC Bank
  • C SBI
  • D UTI Bank
Answer: Option C
Q57
In the end of March 2008, External debt to GDP ratio in India stood at-
  • A 18·8%
  • B 17·4%
  • C 17·8%
  • D 15·8%
Answer: Option A
Q58
Indian State having the lowest Infant Mortality Rate is-
  • A Maharashtra
  • B Goa
  • C Gujarat
  • D Kerala
Answer: Option D
Q59
‘Smart Money’ is a term used for-
  • A Internet Banking
  • B Credit Card
  • C Cash with Bank
  • D Cash with Public
Answer: Option B
Q60
Which of the following has the maximum share in GSM Mobile Phone Service Market ?
  • A Vodafone (earlier Hutch)
  • B Airtel
  • C BSNL
  • D Reliance
Answer: Option B

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