PG TRB Economics Model Questions and Answers
1. |
When was Savings Bank System introduced in India? |
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- A. 1830
- B. 1885
- C. 1910
- D. 1935
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2. |
Mixed Economy means |
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- A. Giving equal importance to agriculture and industry
- B. Participation of labour
- C. Giving equal opportunity to both private and public sectors
- D. Collaboration with a foreign country
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3. |
Barter system means |
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- A. Indirect exchange of gold
- B. Indirect exchange of goods
- C. Direct exchange of gold
- D. Direct exchange of goods for goods
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4. |
What is 'hard currency'? |
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- A. Currency earned through income tax by the government
- B. The amount borrowed to be repaid with a high interest
- C. A foreign currency short in supply
- D. Currency eared after a hard work
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