ECOQUEST - An Economics Quiz

Q1. Businessmen are often called ?

• Capitalism

• Communist

• Capitalists

• Barter

Q2. Barter system means?

• Exchange money for goods

• Exchange goods that are of equal value

• Exchange money for money

• Exchange goods for money

Q3. Which bank is known as banker’s bank?

• Reserve Bank of India

• State Bank of india

• Bank of Baroda

• Punjab National Bank

Q4. Who is known as Father of Green Revolution ?

• Norman Borlaug

• Sunderlal Bahuguna

• Chico Mendes

• David Brower

The total amount of income from economic activities across the country in a year is called ........

• Disposable Income

• National Income

• Personal Income

• Private Income

Who releases data of national income in India?

• NSSO

• CSO

• NITI aayog

• None of the following

Expand GDP?

• Gross domestic product

• Global Domestic Ratio

• Gross Depository Revenue

• Global Depository Receipts

In July 2020, government of India established the central consumer protection authority under consumer protection act , _____

• 2020

• 2018

• 2015

• 2019

What was the Consumer Protection Act popularly known as?

• OPRA

• CPROA

• ROACP

• COPRA

What is the function of the Bureau of Indian Standards?

• certification of edible oil and cereals

• develop standard for goods and services

• global level institution of consumer welfare organization

• right to information