Economics GK Practice Question and Answer

Q:

What is the process of constantly increasing prices?

447 0

  • 1
    Inflation
    Correct
    Wrong
  • 2
    over production
    Correct
    Wrong
  • 3
    Mandi
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 1. "Inflation"

Q:

In which year liberal industrial policy was adopted in India?

445 0

  • 1
    1945
    Correct
    Wrong
  • 2
    1975
    Correct
    Wrong
  • 3
    1991
    Correct
    Wrong
  • 4
    1980
    Correct
    Wrong
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Answer : 3. "1991"

Q:

Which is the financial year from which disinvestment in public enterprises started?

444 0

  • 1
    1970-1971
    Correct
    Wrong
  • 2
    1991-1992
    Correct
    Wrong
  • 3
    1994-1995
    Correct
    Wrong
  • 4
    none of these
    Correct
    Wrong
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Answer : 2. "1991-1992"

Q:

When was the Industrial and Financial Exchange Board established?

432 0

  • 1
    1945
    Correct
    Wrong
  • 2
    1955
    Correct
    Wrong
  • 3
    1992
    Correct
    Wrong
  • 4
    1995
    Correct
    Wrong
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Answer : 3. "1992"

Q:

When was the Industrial Finance Corporation of India established?

428 0

  • 1
    1945
    Correct
    Wrong
  • 2
    1948
    Correct
    Wrong
  • 3
    1953
    Correct
    Wrong
  • 4
    1990
    Correct
    Wrong
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Answer : 2. "1948"

Q:

Who is called the bank of banks in India?

428 0

  • 1
    Reserve Bank of India
    Correct
    Wrong
  • 2
    Bank of India
    Correct
    Wrong
  • 3
    State Bank of India
    Correct
    Wrong
  • 4
    All these
    Correct
    Wrong
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Answer : 1. "Reserve Bank of India"

Q:

In which country was the consumer awareness movement started?

428 0

  • 1
    China
    Correct
    Wrong
  • 2
    Japan
    Correct
    Wrong
  • 3
    England
    Correct
    Wrong
  • 4
    United States
    Correct
    Wrong
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Answer : 3. "England"

Q:

When is National Consumer Day celebrated in India?

426 0

  • 1
    24 December
    Correct
    Wrong
  • 2
    1 March
    Correct
    Wrong
  • 3
    10 April
    Correct
    Wrong
  • 4
    10 December
    Correct
    Wrong
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Answer : 1. "24 December"

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