Economics General Knowledge Questions

Rajesh Bhatia4 years ago 6.2K Views Join Examsbookapp store google play
Economics General Knowledge Questions
Q :  

Who prepared the first estimate of national income for the country?

(A) Central Statistical Organization

(B) National Sample Survey Organization

(C) National Income Committee

(D) Dadabhai Naoroji


Correct Answer : D

Q :  

Which of the following will cause property prices to fall?

(A) More liquidity in the economy

(B) Reduction in reverse repo rate by RBI

(C) Increase in reverse repo rate by RBI

(D) Low liquidity in the economy


Correct Answer : D

Q :  

Who among the following was called the father of "India's political dissatisfaction"?

(A) Dadabhai Naoroji

(B) Sardar Bhagat Singh

(C) Mahatma Gandhi

(D) Bal Gangadhar Tilak


Correct Answer : B

Q :  

Which of the following industries has the highest labor force in India?

(A) Cement Industry

(B) textile industry

(C) Jute Industry

(D) Iron-steel industry


Correct Answer : B

Q :  

Price theory is also known as     

(A) Macro Economics

(B) Development Economics

(C) Public Economics

(D) Micro Economics


Correct Answer : D

Q :  

Which of the statements is correct about India's national income?    

(A) Percentage share of agriculture is higher than services

(B) Percentage share of industry is higher than agriculture

(C) Percentage share of services is higher than industry

(D) Percentage share of services is higher than agriculture and industry put together


Correct Answer : D

Q :  

The gradation and standardization of agricultural products are conducted through

(A) Food Corporation of India

(B) Directorate of Marketing and Inspection

(C) Indian Standards Institution

(D) Central Statistical Organization


Correct Answer : B

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    Rajesh Bhatia

    A Writer, Teacher and GK Expert. I am an M.A. & M.Ed. in English Literature and Political Science. I am highly keen and passionate about reading Indian History. Also, I like to mentor students about how to prepare for a competitive examination. Share your concerns with me by comment box. Also, you can ask anything at linkedin.com/in/rajesh-bhatia-7395a015b/.

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