GA Questions asked in IBPS PO Mains 2024 | 2025 - 2
Question: 6
The supply side economics lays greater emphasis on the point of view of
(A) Middle man
(B) Consumer
(C) Global economy
(D) Producer
Ans: D
Producer
Question: 7
The Dual Economy is a mixture of?
(A) Industrial sector and trading of goods obtained through imports
(B) State Ownership of the means of production
(C) Industrial sector and manufacturing sectors
(D) Traditional agriculture sector and modern industrial sector
Ans: D
Traditional agriculture sector and modern industrial sector
Question: 8
Economic liberalization in India started with?
(A) Doing away with procedural formalities for foreign direct investment
(B) Significant reduction in tax rates
(C) Substantial changes in industrial licensing policy
(D) The convertibility of Indian rupees
Ans: C
Substantial changes in industrial licensing policy
Question: 9
In India, inflation is measured by the
(A) National Income Deflation
(B) Consumers price Index for agricultural
(C) Consumers price Index for urban non manual workers
(D) Wholesale price Index Number
Ans: D
Wholesale price Index Number
Question: 10
In an economy a condition of lacks of money supply in comparison to the supply of the goods services, will lead to
(A) Deflation
(B) Devaluation
(C) Hyperinflation
(D) Inflation
Ans: B
Devaluation
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