Here are some sample questions on Economics and Commerce that are relevant to the TNUSRB SI Exam:
Economics Questions
- What is the term used to describe the overall increase in prices in an economy over a period of time?
a) Deflation
b) Inflation
c) Stagflation
d) Recession
(Answer: b) Inflation - Which of the following is a direct tax?
a) GST
b) Corporate Tax
c) Customs Duty
d) Excise Duty
(Answer: b) Corporate Tax - Who is known as the ‘Father of Indian Economic Planning’?
a) Jawaharlal Nehru
b) M. Visvesvaraya
c) D.R. Gadgil
d) Mahatma Gandhi
(Answer: b) M. Visvesvaraya - What does the term ‘GDP’ stand for?
a) Gross Domestic Product
b) Global Development Program
c) General Domestic Policy
d) Gross Demand Price
(Answer: a) Gross Domestic Product - What is the main objective of the Reserve Bank of India (RBI)?
a) Printing currency notes
b) Controlling inflation
c) Issuing government bonds
d) Regulating the money supply
(Answer: d) Regulating the money supply
Commerce Questions
- Which of the following is not a function of commerce?
a) Exchange of goods and services
b) Production of goods
c) Facilitating trade
d) Transportation
(Answer: b) Production of goods - What is the full form of ‘E-commerce’?
a) Effective Commerce
b) Electronic Commerce
c) Efficient Commerce
d) Economical Commerce
(Answer: b) Electronic Commerce - What does the term ‘Liquidity’ in financial markets refer to?
a) The ability of a firm to pay off its debts
b) The speed at which an asset can be converted into cash
c) The amount of money a bank can lend
d) The availability of physical cash in the economy
(Answer: b) The speed at which an asset can be converted into cash - Which financial statement shows the profit or loss of a business?
a) Balance Sheet
b) Cash Flow Statement
c) Profit and Loss Account
d) Trial Balance
(Answer: c) Profit and Loss Account - What is the primary role of SEBI (Securities and Exchange Board of India)?
a) Regulating the insurance industry
b) Monitoring the stock market
c) Managing the public debt
d) Controlling foreign investments
(Answer: b) Monitoring the stock market
Mixed Questions
- Which Indian economist won the Nobel Prize in Economics?
a) Amartya Sen
b) Raghuram Rajan
c) Jagdish Bhagwati
d) Manmohan Singh
(Answer: a) Amartya Sen - What is ‘SWOT analysis’ used for in business?
a) Identifying strengths, weaknesses, opportunities, and threats
b) Planning financial investments
c) Organizing supply chain logistics
d) Conducting market research
(Answer: a) Identifying strengths, weaknesses, opportunities, and threats
These questions are designed to align with the syllabus and difficulty level of the TNUSRB SI exam.
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