International
National
General Knowledge
100
What is the full form of IMF?
International Monetary Fund
100
India is the ______ largest economy in the world
5th
100
What does Ceteris Paribus mean?
All other things being equal
200
What is the meaning of Real GDP?
Gross domestic Product adjusted for inflation.
200
What kind of economy is India (developed, developing, etc.)?
Emerging
200
Economics was originally called what?
Politically economy
300
Zimbabwe
300
what is the name of the central bank of India?
Reserve Bank of India
300
What is the largest cryptocurrency by market capitalization?
BITCOIN
400
What is the purpose of the foreign exchange market ?
To make it easier to convert one currency into another and to make buying and selling easier between nations
400
The minimum monthly wages of employees who have not completed their Grade 10 schooling in India is approximately?
INR 18,000
400
___________ is the largest consumer of gold jewellery in the world and accounts for about 20 per cent of world consumption
India
500
Singapore's economy combines extreme features of which 2 market systems (command, market, mixed)?
command & market
500
What is the purpose of the fiscal and monetary policy?
To influence the Aggregate demand.
Accept- Increase demand (of country)
500
What is the name of oldest economic system, found in parts of Asia, Africa, and South America, where occupations stay in the family?
Traditional economy