Economics GK Practice Question and Answer

Q:

Which economist prepared the first human development index?

619 0

  • 1
    Prof. Amartya Sen
    Correct
    Wrong
  • 2
    Mehboob-ul-Haq
    Correct
    Wrong
  • 3
    Dr. Manmohan Singh
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 2. "Mehboob-ul-Haq"

Q:

Who contributes most to India's national income?

831 0

  • 1
    Primary Sector
    Correct
    Wrong
  • 2
    Secondary sector
    Correct
    Wrong
  • 3
    Tertiary sector
    Correct
    Wrong
  • 4
    All equal
    Correct
    Wrong
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Answer : 3. "Tertiary sector"

Q:

Which of the following is not included in the national income?

4341 0

  • 1
    win the lottery
    Correct
    Wrong
  • 2
    Government expenditure incurred on construction of new bridges
    Correct
    Wrong
  • 3
    Charged rent of houses in owner's possession
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 1. "win the lottery"

Q:

Which of the following is the central bank of the Government of India?

653 0

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

Q: Portion of deposits banks have to park with RBI is called ___? 1975 0

  • 1
    Statutory Reserve Ratio
    Correct
    Wrong
  • 2
    Capital Adequacy Ratio
    Correct
    Wrong
  • 3
    Cash Reserve Ratio
    Correct
    Wrong
  • 4
    CASA Ratio
    Correct
    Wrong
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Answer : 3. "Cash Reserve Ratio"

Q:

Committee on Public Distribution System is?

1328 0

  • 1
    Sodhani Committee
    Correct
    Wrong
  • 2
    Malegam Committee
    Correct
    Wrong
  • 3
    Venugopal Committee
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 3. "Venugopal Committee"

Q:

Which region has the least contribution to India's national income?

1386 0

  • 1
    Primary Sector
    Correct
    Wrong
  • 2
    Secondary Sector
    Correct
    Wrong
  • 3
    Tertiary sector
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 2. "Secondary Sector"

Q:

Which country is the largest producer of litchi in the world?

848 0

  • 1
    India
    Correct
    Wrong
  • 2
    Nepal
    Correct
    Wrong
  • 3
    Russia
    Correct
    Wrong
  • 4
    China
    Correct
    Wrong
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Answer : 1. "India"

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