[VSQ]ECONOMY Q&A For All Competitive Exam||Set 02

ECONOMY VSQs

✔️Q1. 

Deficit financing means that the government borrows money from the__? 

👉RBI

✔️Q2. 

“Bad money (if not limited in quantity ) drives good money out of circulation.” is the law known as__? 

👉Gresham's law

✔️Q3. 

The ""Garibi Hatao"" slogan was coined in__? 

👉1971

✔️Q4. 

When was the Reserve Bank of India taken over by the Government? 

👉1948

✔️Q5. 

The difference between GNP & GDP is__? 

👉Capital Depreciation

✔️Q6. 

Where are the headquarters of IMF and World Bank located? 

👉Both Washington DC

✔️Q7. 

Who appoints Banking Ombudsman? 

👉RBI

✔️Q8. 

In which year was Railway Budget in India separated from general budget? 

👉1924

✔️Q9. 

Which is the best measure of economic growth of a country? 

👉GNP

✔️Q10. 

Economic growth is usually coupled with__? 

👉Inflation

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⚡ECONOMY VSQ SET 01[PREV]

⚡ECONOMY VSQ SET 03[NEXT]

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