Latest Economics GK Questions
Which of the following is the most dynamic factor of production?
(A) Capital
(B) Organization
(C) land
(D) Labor
Correct Answer : A
When was the Industrial and Financial Exchange Board established?
(A) 1945
(B) 1955
(C) 1992
(D) 1995
Correct Answer : C
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
In which year was The Reserve Bank of India was established?
(A) 1950
(B) 1947
(C) 1935
(D) 1952
Correct Answer : C
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
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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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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