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Who is known as father of economics ?

  • Adam Smith
  • Max Muller
  • Joy Chaterjee
  • Amritya Sen

Answer: Option A

Similar Questions :

1. General Insurance Corporation (GIC) was established in ?

  • 1971
  • 1972
  • 1973
  • 1974

Answer: Option B

Explanation:

General Insurance Corporation (GIC) was established in November 1972.

2. Which five year plan focused on "Growth with social justice and equity".

  • Ninth Five Year Plan
  • Eight Five Year Plan
  • Seventh Five Year Plan
  • Sixth Five Year Plan

Answer: Option A

3. Gilt-edged market means

  • market of government securities
  • bullion market
  • market dealing with metals
  • market dealing with exports

Answer: Option A

4. Which industry is the largest ?

  • Handloom
  • Sports
  • Music
  • Textile

Answer: Option D

Explanation:

Textile industry is the largest industry in the country. The share of Textile and clothing in total industrial production is approx 14%. It provides employment to more than 350 lakh people.

5. What is FEMA ?

  • First Exchange Management Act
  • Foreign Exchequer Management Act
  • Foreign Exchange Management Act
  • Foreign Evaluation Management Act

Answer: Option C

Explanation:

FEMA is Foreign Exchange Management Act, it came into force in July 2000. It replaced Foreign Exchange Regulation Act 1973.

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