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Latest Economics GK Questions

3 years ago 3.6K Views
Q :  

Which of the following is the most dynamic factor of production?

(A) Capital

(B) Organization

(C) land

(D) Labor

Correct Answer : A

Q :  

When was the Industrial and Financial Exchange Board established?

(A) 1945

(B) 1955

(C) 1992

(D) 1995

Correct Answer : C

Q :  

According to law of supply, if everything is equal then an increase in price results in ________. 

(A) Decrease in quantity supplied

(B) Increase in quantity supplied

(C) Decrease in quantity demanded

(D) Increase in quantity demanded

Correct Answer : B

Q :  

In which year was The Reserve Bank of India was established?

(A) 1950

(B) 1947

(C) 1935

(D) 1952

Correct Answer : C

Q :  

Which is one of the factors of subsistence used to measure the Poverty Line in India?

(A) Equality

(B) Education

(C) Internet

(D) Transportation

Correct Answer : B

Q :  

Which of the following is not a state tax? 

(A) Wealth Tax

(B) Excise duty on liquor

(C) Sales Tax

(D) Professional Tax

Correct Answer : A

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