Economics GK Practice Question and Answer
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Q: Which economist prepared the first human development index?
623 05f7d51623371cf6f4d4e545b
5f7d51623371cf6f4d4e545b- 1Prof. Amartya Senfalse
- 2Mehboob-ul-Haqtrue
- 3Dr. Manmohan Singhfalse
- 4None of thesefalse
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Answer : 2. "Mehboob-ul-Haq"
Q: In which year was the Industrial Reconstruction Bank of India established?
801 06088fc68bdba7253ca287eb5
6088fc68bdba7253ca287eb5- 11947false
- 21990false
- 31985true
- 41991false
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Answer : 3. "1985"
Q: Portion of deposits banks have to park with RBI is called ___? 1976 05c652b3bc5860623ed081639
5c652b3bc5860623ed081639- 1Statutory Reserve Ratiofalse
- 2Capital Adequacy Ratiofalse
- 3Cash Reserve Ratiotrue
- 4CASA Ratiofalse
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Answer : 3. "Cash Reserve Ratio"
Q: Committee on Public Distribution System is?
1328 05efbf8db0a52267797b6b00a
5efbf8db0a52267797b6b00a- 1Sodhani Committeefalse
- 2Malegam Committeefalse
- 3Venugopal Committeetrue
- 4None of thesefalse
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Answer : 3. "Venugopal Committee"
Q: Which region has the least contribution to India's national income?
1386 05efbfe670a52267797b6b43a
5efbfe670a52267797b6b43a- 1Primary Sectorfalse
- 2Secondary Sectortrue
- 3Tertiary sectorfalse
- 4None of thesefalse
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Answer : 2. "Secondary Sector"
Q: Which country is the largest producer of litchi in the world?
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5f7d54c91e5cb657ce31fa82- 1Indiatrue
- 2Nepalfalse
- 3Russiafalse
- 4Chinafalse
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Answer : 1. "India"
Q: When is National Consumer Day celebrated in India?
426 0603768969792c13b2858a0d7
603768969792c13b2858a0d7- 124 Decembertrue
- 21 Marchfalse
- 310 Aprilfalse
- 410 Decemberfalse
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Answer : 1. "24 December"
Q: Which of the following is considered as the main determinant of real wages?
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60d3127f1cefce3a61b2567b- 1purchasing power of moneytrue
- 2Nature of workfalse
- 3additional incomefalse
- 4none of thesefalse
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Answer : 1. "purchasing power of money"
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