Economics SSC GD Questions

Economics MCQ Questions

13.
Which of the following is a planet outside our solar system that usually orbits another star in our galaxy?
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A.
Mesoplanet
B.
Exoplanet
C.
Super Earth
D.
Haumea
ANSWER :
B. Exoplanet
14.
In which income group does India fall on the basis of Gross National Income classified by the World Bank?
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A.
Low-income group
B.
Lower-middle income group
C.
Upper-middle income group
D.
High income group
ANSWER :
B. Lower-middle income group
15.
Which of the following taxes has been abolished under Budget of 2020-2021?
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A.
Wealth tax
B.
Securities transaction tax
C.
Corporate tax
D.
Dividend distribution tax
ANSWER :
D. Dividend distribution tax
16.
_______ is an annual allowance for wear and tear of a capital good.
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A.
Depression
B.
Depreciation
C.
Acceleration
D.
Appreciation
ANSWER :
B. Depreciation
17.
Which bank struggled to address the issue of capitalisation and subsequently Reserve Bank of India took over its management in 2020?
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A.
Axis Bank
B.
YES Bank
C.
IDBI Bank
D.
Bandhan Bank
ANSWER :
B. YES Bank
18.
In August 2021, the Reserve Bank of India announced an increase in limit for fund transfer to Nepal under the 'Indo-Nepal Remittance Facility Scheme' to ______ per transaction w.e.f. 1 October 2021.
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A.
₹50 thousand
B.
₹2 lakhs
C.
₹75 thousand
D.
₹1 lakh
ANSWER :
B. ₹2 lakhs