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Objective Questions
GK
GK Set-1
Economics
Indian Economics
173

Indian Economics MCQ (GK Set-1) with Answers

173) Rate of interest is determined by

The rate of return on the capital invested

Central Government

Liquidity preference

Commercial Banks

Answer is:

Liquidity preference

Indian Economics MCQ (GK Set-1) with Answers

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

174) The purchase of shares and bonds of Indian companies by Foreign Institutional Investors is called?

FDI

Portfolio Investment

NRI Investment

Foreign Indirect Investment

Answer is:

Foreign Indirect Investment

175) An individual’s actual standard of living can be assessed by

Gross National Income

Net National Income

Per Capita Income

Disposable Personal Income

Answer is:

Per Capita Income

176) When there is an official change in the exchange rate of domestic currency, then it is called

Appreciation

Depreciation

Revaluation

Deflation

Answer is:

Revaluation

177) Inflation redistributes income and wealth in favour of

Pensioners

Poor

Middle class

Rich

Answer is:

Rich

Indian Economics MCQ (GK Set-1) with Answers

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