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PG TRB Economics Model Questions and Answers

TRB Model Questions
1. When was Savings Bank System introduced in India?
 
  • A. 1830
  • B. 1885
  • C. 1910
  • D. 1935
Answer: B.
1885
 
2. Mixed Economy means
 
  • A. Giving equal importance to agriculture and industry
  • B. Participation of labour
  • C. Giving equal opportunity to both private and public sectors
  • D. Collaboration with a foreign country
Answer: C.
Giving equal opportunity to both private and public sectors
 
 
3. Barter system means
 
  • A. Indirect exchange of gold
  • B. Indirect exchange of goods
  • C. Direct exchange of gold
  • D. Direct exchange of goods for goods
Answer: D.
Direct exchange of goods for goods
 
4. What is 'hard currency'?
 
  • A. Currency earned through income tax by the government
  • B. The amount borrowed to be repaid with a high interest
  • C. A foreign currency short in supply
  • D. Currency eared after a hard work
Answer: C.
A foreign currency short in supply