General Knowledge : : Indian Economy Questions & Answers

  1. Formalised system of trading agreements with groups of countries is known as

A. Trading blocks

B. Trade ventures

C. Trade partners

D. Trade organisations

  1. WTO basically promotes

A. Financial support

B. Global peace

C. Unilateral trade

D. Multilateral trade

  1. The exchange of commodities between two countries is referred as

A. Balance of trade

B. Bilateral trade

C. Volume of trade

D. Multilateral trade

  1. Inflation redistributes income and wealth in favour of

A. Pensioners

B. Poor

C. Middle class

D. Rich

  1. The study of population is known as

A. Demography

B. Climatology

C. Petrology

D. Hydrology