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PSC Examination Expected Questions - 151

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Economy
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1. The main competitor for Indian jute industry is ?
Answer :- Bangladesh

2. The return on debentures is called?
Answer :- Interest

3. Bombay Mutual Life Assurance Society was founded in?
Answer :- 1870

4. After great change in the price of a commodity, there is no change in demand. The demand is known as ?
Answer :- Inelastic

5. Green Revolution in India is also known as ?
Answer :- Seed, Revolution and irrigation revolution

6. A speculator in stock markets who buys anticipating that prices will go up is called?
Answer :- Bull

7. Which nation is considered to be the orginator of the concept of micro finance?
Answer :- Bangladesh

8. The monetary policy in India is formulated by?
Answer :- Reserve Bank of India

9. The South Indian City which is the hub of automobile industry?
Answer :- Chennai

10. The industry which laid the foundation of industrialisation in India?
Answer :- Cotton industries

11. The first jute mill in India was established in 1854 at Rishra near?
Answer :- Kolkata

12. Who is known as the father of Indian industry?
Answer :- Jamshedji Tata
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