General Awareness Quiz – Economics
General Awareness Quiz Set 111 for SSC CGL, SSC CHSL and Railways exams. Economics Quiz for SSC CGL, SSC CHSL, Railways etc.
Topic: Economics
- The WTO was founded in Geneva in which year?
(a) 1st January, 1994
(b) 1st January, 1995
(c) 1st January, 1996
(d) 1st January, 1993
- Who was the chairman of the 15th Finance Commission?
(a) N. K. Singh
(b) Shashikant Das
(c) AshokaLavasa
(d) RatanWata
- Which of the following is not the function of Reserve Bank of India (RBI)?
(a) Issue of bank notes
(b) Banker to Government
(c) To open saving bank account for general public
(d) Custodian of cash reserves of Commercial Banks
- The 14th Finance Commission recommended, among other things, to raise the share of states in the net proceeds of divisible pool of central tax to :
(a) 32%
(b) 5%
(c) 45%
(d) 42%
- The income tax in India is –
(a) Direct and Proportional
(b) Indirect and Progressive
(c) Direct and Progressive
(d) Indirect and Proportional
- Foreign currency which has a tendency of quick migration is called
(a) Scarce Currency
(b) Soft Currency
(c) Hard Currency
(d) Hot Currency
- India gets the largest share of its G.D.P. from which of the following sectors?
(a) Agriculture Sector
(b) Industry Sector
(c) Service Sector
(d) None of the above
- Price effect is a combination of
(a) income effect and consumption effect
(b) consumption effect and substitution effect
(c) income effect and substitution effect
(d) income effect and investment effect
- Engel curve shows the relationship between
(a) two goods, say X and Y
(b) level of income and quantity purchased
(c) level of income and consumption
(d) level of income and the relative prices of the commodities
- Which of following is India’s oldest and most successful initiative of Digital India Programme?
(a) Digilocker
(b) UMANG
(c) Direct Benefit Transfer
(d) Pradhan MantriGramin Digital Saksharta Mission