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Online Economics Quiz Set No - 28

Economics questions have been taken from previous years question papers of different competitive examinations such SSC CGL, SSC CHSL, CDS, NDA, Bank, State PSC, Railways, MAT, CAT, etc.

271) Which of the following is the abbreviated name associated with food security?
A) ASHA
B) PDS
C) WTO
D) OPEC

272) Which of the following is the Banker of the Banks?
A) IDBI
B) SBI
C) RBI
D) SEBI

273) Which of the following is wrongly matched?
A) Depression: Insufficient demand causing large scale unemployment of men and machinery over a long period of time
B) Recession: Reduction in demand and production/ investment over a short period of time
C) Stagflation: slow pace of economic activity due to falling prices
D) Boom: Rapid and all-round spurt in economic activity

274) Which of the following is/are treated as artificial currency?
A) ADR
B) GDR
C) SDR
D) Both ADR and SDR

275) Which of the following issue 'ULIP'?
A) Insurance Companies
B) Banks
C) NABARD
D) RBI

276) Which of the following Mahatma Gandhi series of currency notes issued by the RBI has a drawing of the 'Parliament House' depicted on it?
A) Rs. 500
B) Rs. 100
C) Rs. 50
D) Rs. 10

277) Which of the following Mahatma Gandhi series of currency notes issued by the RBI has 'ecology' depicted on it?
A) Rs. 500
B) Rs. 100
C) Rs. 50
D) Rs. 10

278) Which of the following plans had actual growth rate higher than the targeted growth rate?
A) Fourth Five Year Plan
B) Fifth Five Year Plan
C) Seventh Five Year Plan
D) Eighth Five Year Plan

279) Which of the following sectors contributed more to the savings in India?
A) Public sector
B) Household sector
C) Corporate sector
D) Private sector

280) Which of the following statements about the Indian Economy is correct?
A) Indian economy is as developed as that of China.
B) About 70% Indians are involved in some type of self-employment and are the owners of some or the other micro or small enterprise.
C) In India, single biggest employment is agriculture and allied activities.
D) About 48% Indian workforce is employed in foreign countries or in organizations assisted by foreign capital.