General Knowledge : : Indian Economy Questions & Answers

  1. FEMA stands for

A. First Excise Management Act

B. Foreign Exchange Management Act

C. Foreign Exchequer Management Act

D. Foreign Evaluation Management Act

  1. Where is National Rural Development Institute situated?

A. Hyderabad

B. Chennai

C. Mumbai

D. New Delhi

  1. The term Hot money is used for

A. Black money

B. A money which comes easily and goes easily too

C. A money which is hard to come but easy to go

D. A money which is easy to come but hard to go

  1. In context with the two way trade of India with different regions, which among the following region is India’s largest trade partner?

A. EU Region

B. Gulf Region

C. North America

D. Latin America

  1. Which state has the highest Per Capita Income in India?

A. Delhi

B. Punjab

C. West Bengal

D. Bihar