Indian Economics MCQ (GK Set-1) with Answers

Indian Economics MCQ (GK Set-1) with Answers

141) When the productive capacity of the economic system of a State is inadequate to create sufficient number of jobs, it is called

Answer is:

Structural unemployment

142) Fiscal policy in India is formulated by

Answer is:

The Finance Ministry

143) Which one among the following is not a clause of World Trade Organization?

Answer is:

Providing financial support to the countries having deficit balance of payments

144) Special Drawings Rights (SDRs) relate to

Answer is:

The International Monetary Fund

145) Which of the following measures should be taken when an economy is going through inflationary pressures?

Answer is:

The direct taxes should increased.

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