Economics GK in English Quiz 4

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Economics GK in English Quiz 4

Economics GK in English Quiz 4 has 10 questions. For correct answer you will get 3 marks & for wrong answer -1 (minus 1) mark. After submitting Answer sheet, you can check right and wrong answers as well as your total marks.

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1. Public Distribution System(PDS) is operated under the responsibility of the:
1. Central Government
2. State Governments


2. Which among the following correctly categorizes Collateralized Borrowing and Lending Obligation?


3. A farmer has taken a loan for a paddy crop in the beginning of the Rabi Season and has not made a repayment. In which of the following situations, if Installment or interest is not paid for this loan, it would become a NPA (Non Performing Asset)


4. Which of the following statements is incorrect, if resources were unlimited?


5. A charge levied by a Life Insurance Company for the life insurance protection upon death and to cover certain other expenses is termed as _____ ?


6. “Interest Rate Policy” is declared as a part of ________?


7. Who propounded the Innovation theory of profits ?


8. Who said ‘Supply creates its own demand’?


9. Sometimes, a consumer is motivated to buy some commodity not because it has become cheaper or the income has increased, but because the neighbors have purchased it. What is it called?


10. What does indifference curve represent?



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