The 'one rupee note' in India is issued by: MCQ with Answer and Explanation

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The 'one rupee note' in India is issued by:

A. RBI

B. SBI

C. SEBI

D. Ministry of Finance, Government of India

Answer: Option D

Solution (By JKSSB Mock Tests)

The one rupee note is issued by the Government of India, not RBI.

This question belongs to: Economy GK Economy Set 1

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Practice More Economy Set 1 Questions

Question #1

Which of the following is NOT a function of the World Trade Organisation?

A. Providing long-term development finance

B. Providing a forum for trade negotiations

C. Settling trade disputes

D. Administering trade agreements

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Correct Answer: Option A

Explanation:
Long-term development finance is the function of the World Bank. The WTO deals with trade rules, negotiations and dispute settlement.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'inflation targeting' in India uses which index as the nominal anchor?

A. CPI-IW only

B. WPI

C. CPI-Combined

D. GDP deflator

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Correct Answer: Option C

Explanation:
RBI's inflation targeting uses CPI-Combined as the nominal anchor.

This question belongs to: Economy GK Economy Set 1

Question #3

The acceleration principle relates investment to changes in:

A. government expenditure

B. interest rates

C. money supply

D. consumption or output

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Correct Answer: Option D

Explanation:
The accelerator principle states that investment depends on changes in output or consumption.

This question belongs to: Economy GK Economy Set 1

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