Indian Economics MCQ (GK Set-1) with Answers

Indian Economics MCQ (GK Set-1) with Answers

311) Which agency estimates the national income of India?

Answer is:

Central Statistical Organization

312) What is Gross National Product?

Answer is:

the total domestic and foreign output claimed by residents of the country

313) The Government of India acquired the ownership and control of major banks in 1969 whose deposits were not less than

Answer is:

Rs 50 crore

314) What are costs which vary with output called?

Answer is:

overhead costs

315) Which of the following is known as plastic money?

Answer is:

credit cards

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