Economics in English Quiz 5

Economics in English Quiz 5 has 10 questions. For correct answer you will get 3 marks & for wrong answer -1 (minus 1) mark. After submitting Answer sheet, you can check right and wrong answers as well as your total marks.

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1.In which of the following countries maximum number of Branches of Indian Banks are located?

(A)UK

(B)USA

(C)Honkong

(D)Australia

2.In which year Industrial Licensing was introduced in India?

(A)1950

(B)1951

(D)1960

3.Which of the following sector uses largest fraction of commercial energy in India?

(A)Industry

(B)Household

(C)Transport

(D)Agriculture

4.Central Food Technological Research Institute is located at which of the following places?

(A)Mysore

(B)Lucknow

(C)Ranchi

(D)Mussoorie

5.What was the highest rate of income tax in India (Before 1975) ?

(A)80.5 %

(B)92.75%

(D)85%

6.Which among the following represents accounting year of Reserve Bank of India?

(A)April- March

(B)January – December

(D)July-June

7.‘Supply creates its own demand’. This statement is related to

A.Prof. J.B. Say

B.John Robinson

C.Adam Smith

D.J.S. Mill

8.Which one of the following is not a method of measurement of National Income ?

A.Value Added Method

B.Income Method

C.Investment Method

D.Expenditure Method

9.Which of the following institutions had its previous name as Export Risk Insurance Corporation?

(A)Export Import Bank

(B)Export Credit Guarantee Corporation of India

(C)Deposit Insurance and Credit Guarantee Corporation

(D)General Insurance Corporation

10.In which year NHB Residex was launched?

(A)2004

(B)2005

(D)2007

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