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Economic MCQ Questions with answers

Here Important Economic MCQ questions are added which are frequently asked in almost all the examinations. You can check the correct answer of any question on clicking the show answer button or on option itself. The Correct answer will be displayed below. You can share any question with your friends on whatsapp by tapping whatsapp button.

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Tags: Economic mcqs, important mcqs of Economic, Economic important Economic mcqs, mcqs on Economic, important mcqs on Economic, mcqs of Economic

Learn Economic MCQs [Page 5 of Department 7]

I

Irfan • 5.26K Points
Tutor III

41) The Inflation experienced in the country at present is:

(A) Cost-push inflation
(B) Unrealistic inflation
(C) Secondary inflation
(D) Demand Pull inflation
Correct Answer - Option (A)

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I

Irfan • 5.26K Points
Tutor III

42) Ten rupee notes bear the signature of:

(A) President
(B) Finance Minister
(C) Secretary, Ministry of Finance
(D) Governor, Reserve Bank of India
Correct Answer - Option (D)

No Explanation found. Add Explanation and get +2 points.

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I

Irfan • 5.26K Points
Tutor III

43) For international payments, the Indian currency is linked to:

(A) British Sterling
(B) Gold Standard
(C) American Dollar
(D) Euro
Correct Answer - Option (C)

No Explanation found. Add Explanation and get +2 points.

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I

Irfan • 5.26K Points
Tutor III

44) The States debt does not include:

(A) Agricultural loans
(B) Loans from State Bank of India
(C) Loans from the Central Government
(D) Treasury bills issued to international financial institutions
Correct Answer - Option (D)

No Explanation found. Add Explanation and get +2 points.

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I

Irfan • 5.26K Points
Tutor III

46) The best means of saving during inflation is to keep:

(A) Equity
(B) Money
(C) Government Bonds
(D) Time deposits with Banks
Correct Answer - Option (B)

No Explanation found. Add Explanation and get +2 points.

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I

Irfan • 5.26K Points
Tutor III

47) Why a high rate of inflation tends to worsen balance of payments ?

(A) Prices of imported goods rise
(B) Prices of imported goods fall and hence more is imported
(C) Prices of exported goods rise making exports less competitive
(D) Prices of exported goods fall and hence less amount is obtained in terms of foreign exchange
Correct Answer - Option (C)

No Explanation found. Add Explanation and get +2 points.

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D

Durgesh • 8.64K Points
Tutor III

48) The molecule which has the highest percentage of ionic character among the following is

(A) HI
(B) HF
(C) HCI
(D) HBr
Correct Answer - Option (B)

No Explanation found. Add Explanation and get +2 points.

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M

Manisha Agrawal • 9.32K Points
Tutor III

50) A very rapid or out of control growth in prices in which money loses its value to the point where ever barter may be preferable is known as:

(A) Inflation
(B) Deflation
(C) Disinflation
(D) Hyper- inflation
Correct Answer - Option (D)

No Explanation found. Add Explanation and get +2 points.

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