Economics Questions and Answers for Competitive Exams - 2

Question: 6

Interest Rate Policy is a component of

(A) Direct Control

(B) Trade Policy

(C) Monetary Policy

(D) Fiscal Policy

Ans: C

Monetary Policy

Question: 7

Which of the following states has the lowest rate of literacy?

(A) Bihar

(B) Orissa

(C) Rajasthan

(D) Himachal Pradesh

Ans: A

Bihar

Question: 8

To which of the following countries did Karl Marx belong?

(A) Russia

(B) France

(C) Italy

(D) Germany

Ans: D

Germany

Question: 9

Seasonal unemployment refers to

(A) Agriculture

(B) Banks

(C) Private sector

(D) Public sector

Ans: A

Agriculture

Question: 10

Which of the following is the largest (in terms of profit) Public Sector Organisation in India?

(A) Indian Oil Corporation

(B) Oil and Natural Gas Commission

(C) Bharat Petroleum

(D) Bharat Heavy Electricals

Ans: B

Oil and Natural Gas Commission

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