Economics General Studies Questions for ssc upsc competitive examspage 5

61 .A Special Economic Zone (SEZ) is set up at:

A. Positra

B. Kandla

C. Kochi

D. None of these

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62 .To prevent recurrence of scams in Indian Capital Market, the Government has assigned regulatory powers to :

A. RBI

B. SBI

C. SEBI

D. ICICI

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63 .The headquarters of IMF and World Bank are located at:

A. Geneva and Montreal

B. Geneva and Vienna

C. New York and Geneva

D. Both Washington DC

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64 .Open market operations of a Central Bank are sale and purchase of:

A. foreign currencies

B. corporate securities

C. trade bills

D. government securities

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65 .In which one of the following countries is Rupee its currency?

A. Bhutan

B. Malaysia

C. Maldives

D. Seychelles

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66 .The national income of India is estimated mainly through :

A. production method alone

B. expenditure method alone

C. production and expenditure methods

D. production and income methods

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67 .From the view cf International economy, Third World implies:

A. the developed countries

B. the developing countries

C. block led by U.S.A., U.K. etc.

D. None of these

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68 .According to the RBI directions, a NBFC (Non-Banking Finance Company) must possess a Net-owned Fund of the amount :

A. minimum Rs. 5 lakh

B. minimum Rs. 10 lakh

C. minimum Rs. 25 lakh

D. minimum Rs. 50 lakh

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69 .A budgetary deficit means :

A. total expenditure is more than total revenue

B. current expenditure is more than current revenue

C. capital expenditure is more than capital revenue

D. total expenditure is more than current revenue

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70 .Among the following, which one is not a credit rating agency operating in India?

A. CRISIL

B. ICRA

C. Dow Jones

D. CARE

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71 .Rupee was devalued by what percent in July 1991?

A. 18

B. 20

C. 22

D. 25

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72 .Match the following:

A. 3 1 2 4

B. 4 3 2 1

C. 1 3 2 4

D. 3 1 4 2

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73 .Octroi is levied and collected by :

A. Centre

B. State Government

C. local bodies

D. all the above

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74 .India's wage policy is based on:

A. cost of living

B. standard of living

C. productivity

D. none of these

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75 .Dear Money Policy implies:

A. high price level

B. large money supply

C. high production

D. high interest rates

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