Top150+ TRB Commerce Model Question Paper with Answers - 3
Question: 11
The number one sugar producing country in the world is
(A) Cuba
(B) Ghana
(C) Brazil
(D) India
Ans: A
Cuba
Question: 12
Which of the following is exclusively concerned with the credit needs of all types of agricultural and rural development in India?
(A) IBRD
(B) NABARD
(C) SBI
(D) RBI
Ans: B
NABARD
Question: 13
What is the effect of deficit financing on economy?
(A) Depression
(B) Deflation
(C) Recession
(D) Inflation
Ans: D
Inflation
Question: 14
General Agreement on Tariffs and Trade (GATT) came into existence in
(A) 1942
(B) 1947
(C) 1957
(D) 1958
Ans: B
1947
Question: 15
When was the first budget of free India presented?
(A) 26.11.1947
(B) 15.08.1947
(C) 20.01.1950
(D) 18.12.1950
Ans: A
26.11.1947
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