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Question 1
economy
Where is the headquarter of State Bank of India (SBI) situated ?
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Correct Answer

Mumbai

Explanation
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Question 2
economy
The earlier name of WTO was:
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Correct Answer

GATT

Explanation

General Agreement on Trade and Tariffs (GATT) under the Marrakesh Agreement. The World Trade Organization (WTO) began journey on 1 January 1995.

Question 3
economy
Tertiary sector activities include
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Correct Answer

Infrastructure services

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Question 4
economy
GST abolishes which of the following taxes ?
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Service tax

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Question 5
economy
What is the 'Repo rate' ?
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Correct Answer

It is the rate at which RBI lends to banks

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Question 6
economy
Mixed economy means an economy where:
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There is co-existence of public sector along with private sector

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Question 7
economy
In India, which sector generally suffers from the
problem of surplus labour ?
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Correct Answer

Agriculture

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Question 8
economy
In India, present trend of rapid urbanization is due to:
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Correct Answer

lack of employment opportunities in rural areas

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Question 9
economy
Who wrote the book <b>Planned Economy for India</b>?
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Correct Answer

M. Visvesvaraya

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Question 10
economy
In India, Special Economic Zones were established to enhance:
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Correct Answer

Free Trade

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