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GK
GK Set-1
Economics
Indian Economics
14

Indian Economics MCQ (GK Set-1) with Answers

14) Black money implies :

counterfeit currency

money earned from chit funds

money earned through underhand deals

income on which payment of tax is usually evaded

Answer is:

income on which payment of tax is usually evaded

Indian Economics MCQ (GK Set-1) with Answers

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Related Indian Economics MCQ (GK Set-1) with Answers

15) In the one decade, which one among the following sectors has attracted the highest Foreign Direct Investment inflows into India ?

Chemicals other than fertilizers

Services sector

Food processing

Telecommunication

Answer is:

Telecommunication

16) When was decimal coinage introduced in India ?

15-Aug-47

26-Jan-52

01-Apr-57

31-Dec-63

Answer is:

01-Apr-57

17) USD/JPY, USD/EURO and USD/CAD are the currency pairs in terms of foreign exchange trading. Amongst them which one of the following is referred as the base currency for quotes ?

USD

JPY

Euro

CAD

Answer is:

USD

18) Which of the following is/are treated as artificial currency ?

ADR

GDR

SDR

Both ADR and SDR

Answer is:

SDR

Indian Economics MCQ (GK Set-1) with Answers

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