Indian Economics MCQ (GK Set-1) with Answers

Purchase of foreign exchange for rupees freely

Payment for imports in terms of rupees

Repayment of loans in terms of rupees

Determination of rate of exchange between rupee and foreign currencies freely by the market forces of demand and supply

Public Sector and Cooperative Sector

Public Sector and Private Sector

Joint Sector and Cooperative Sector

Private Sector and Cooperative Sector

Growth has no relation with the change in prices

Rate of growth and prices both are decreasing

Rate of growth is faster than the rate of price increase

Rate of growth is slower than the rate of price increase

Adam Smith

Marshall

P. A. Samuelson

J. S. Mill

Goods produced in an economy in a year

Goods and services produced in an economy in a year

Final goods produced in an economy in a year

Final goods and services produced in an economy in a year