Important One Liner Economics 500 Question – Gk By Mr. DJ
276.Where was the Asia Pacific Economic Cooperation Summit 2007 – Sydney
277.India’s largest commercial bank – State Bank of India
278.FAQ is abbreviated as- Food and Agriculture Organization
279.Indian economy has a slow period – January-June
280.What do open market operations indicate – buying and selling of government securities by RBI
281.The current currency system in India is managed by- Reserve Bank of India
282.What is the meaning of mixed economy- co-existence of government and private sectors
283.When a leather industry generates water pollution by discharging its waste into the river, the cost incurred on health risks is called – social cost.
284.The Second Chamber has been considered unnecessarily wasteful and worst by whom- Bentham
285.After Ratan Tata, who is the first person from outside the Tata family to be elected the head of the Tata group – Cyrus Mistry
286.With regard to the inevitable savings – the decrease in consumption as a result of the increase in prices
287.In which economic system, the government decides that different things should be produced according to the needs of society – socialist
288.Which Indian bank became the first bank in India to reach a market capitalization of Rs 1,00,000 crore – ICICI Bank
289.Without insurable or uncertain risks – Changes in circulation
290.Interest paid to the bank for crop loans – gratuity payment
291.If a product has a negative income elasticity of kang and a positive price elasticity, then what is that goods – low-end goods
292.In which type of market a business association is unable to control the prices – full competition
293.Which classification is the classification of industries on the basis of raw materials – agro-based and mineral-based
294.Which year did the great recession worldwide – 1929
295.The only source of highest revenue of the Government of India – direct tax
296.Sales are an example of – indirect tax
297.How many factors of production are- four
298.What is the policy related to government expenditure, taxation and borrowing – fiscal policy
299.What is deducted from the net national excise on production cost for national income – Indirect tax
300.What is National Income – It is the money value of all goods and services produced in a country in a year.
Polity 500 One Liner Questions And Answers
