Indian Economy GK Questions for Competitive Exams
Round Revolution in India was related to -
(A) Potato
(B) Onion
(C) Oil seeds
(D) Tomato
Correct Answer : A
which one among the following formulates the fiscal policy In India?
(A) Planning Commission
(B) Ministry of Finance
(C) Finance Commission
(D) The Reserve Bank of India
Correct Answer : B
Who is considered the originator of consumer movement?
(A) Bill Clinton
(B) George Bush
(C) Rolf Nadar
(D) Meclagan
Correct Answer : C
When was the Consumer Protection Act announced in India?
(A) 1987
(B) 1988
(C) 1986
(D) 1980
Correct Answer : C
Which of the following states of India has the highest amount of coal?
(A) Maharashtra
(B) Orissa
(C) Gujarat
(D) Rajasthan
Correct Answer : B
Which of the following bank has bagged Rajbhasha Kirti Puraskar?
(A) Bank of Baroda
(B) Vijaya Bank
(C) Canara Bank
(D) Yes Bank
(E) Federal Bank
Correct Answer : B
Which of the following bank has launched a new product to provide a short-term working capital demand loan to its MSME clients?
(A) SBI
(B) ICICI
(C) Axis Bank
(D) HDFC Bank
(E) Yes Bank
Correct Answer : A
Match the characteristics with their market structure:
(a) Expand out put until MC = MR
(b) Elasticity of demand depends on pricing policies of rivals
(A) (a) Pure competition, (b) Pure Monopoly
(B) (a) Pure Monopoly, (b) Monopolistic competition
(C) (a) Pure competition, (b) Oligopoly
(D) (a) Monopolistic competition, (b) Oligopoly
Correct Answer : D
BSE SENSEX Constitutes ____ number of companies.
(A) 30
(B) 40
(C) 50
(D) 60
Correct Answer : A
The FRBMA was enacted in 2003, which set targets for the government to reduce fiscal deficits. What does FRBMA stand for?
(A) Fiscal Relations and Budget Maintenance Act
(B) Financial Relations and Budget Management Act
(C) Financial Responsibility and Budget Maintenance Act
(D) Fiscal Responsibility and Budget Management Act
Correct Answer : D
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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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