Indian EconomyGeneral Awareness SSC Railways State Level Teaching Exams

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Question1) 1.Export of which of the following is an Invisible Export?

[A] Services☑️☑️

[B] Prohibited goods

[C] Unrecorded goods

[D] Goods through smuggling




Option- ['True', 'False']

Answer: True

Explaination: Answer : True

Solution: A [ Services ]

Notes:

Any export that does not have a tangible physical presence (e.g. expertise, insurance underwriting). Here, Invisible Export means export of Services

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Question2) If there is an increase in the external commercial borrowings in India. What will be the impact on the external debt of the country?

[A] Increase☑️☑️

[B] Decrease

[C] Remain unaffected

[D] Either increase or decrease




Option- ['True', 'False']

Answer: True

Explaination: Answer :True

Solution: A [Increase]

Notes:

Any money that has been borrowed from foreign sources for financing the commercial activities in India are called External Commercial Borrowings. The Government of India permits ECBs as a source of finance for Indian Corporates for expansion of existing capacity as well as for fresh investment

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Question3) 3.Which among the following is the largest foodgrain producing state of India?

[A] Uttar Pradesh☑️☑️

[B] Punjab

[C] Madhya Pradesh

[D] Rajasthan





Option- ['True', 'False']

Answer: True

Explaination: Answer :True

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Question4) 4.Who among the following is called guru of Micro finance in India?

[A] Vijay Mahajan☑️

[B] Vikram Akula

[C] Muhammad Yunus

[D] Amartya Sen



Option- ['True', 'False']

Answer: True

Explaination: Answer: True

Solution: A [Vijay Mahajan]

Notes:

Vijay Mahajan is the Chief Executive Officer (CEO) of the Rajiv Gandhi Foundation and the Director of the Rajiv Gandhi Institute of Contemporary Studies. He founded PRADAN – a well known NGO in 1982. He was the founding President of MicroFinance Institutions Network (MFIN) of India in 2009

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