Economics GK Practice Question and Answer

Q: Portion of deposits banks have to park with RBI is called ___? 1976 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:

To which country does India export the largest amount of iron ore?

506 0

  • 1
    Japan
    Correct
    Wrong
  • 2
    Russia
    Correct
    Wrong
  • 3
    U. K.
    Correct
    Wrong
  • 4
    Germany
    Correct
    Wrong
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Answer : 1. "Japan"

Q:

India's position in the world in terms of bauxide resource is?

492 0

  • 1
    3rd
    Correct
    Wrong
  • 2
    2nd
    Correct
    Wrong
  • 3
    4th
    Correct
    Wrong
  • 4
    5th
    Correct
    Wrong
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Answer : 4. "5th"

Q:

India ranks first in the world in the production of which mineral?

786 0

  • 1
    graphite
    Correct
    Wrong
  • 2
    Tungsten
    Correct
    Wrong
  • 3
    asbestos
    Correct
    Wrong
  • 4
    All these
    Correct
    Wrong
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Answer : 3. "asbestos"

Q:

Which country is the largest consumer of gold in the world?

461 0

  • 1
    Japan
    Correct
    Wrong
  • 2
    India
    Correct
    Wrong
  • 3
    Russia
    Correct
    Wrong
  • 4
    France
    Correct
    Wrong
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Answer : 2. "India"

Q:

With whose cooperation was the Durgapur Steel Plant established?

649 0

  • 1
    Germany
    Correct
    Wrong
  • 2
    Great Britain
    Correct
    Wrong
  • 3
    Russia
    Correct
    Wrong
  • 4
    France
    Correct
    Wrong
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Answer : 2. "Great Britain"

Q:

Bokaro Steel Plant has been established with the help of which country?

467 0

  • 1
    Great Britain
    Correct
    Wrong
  • 2
    France
    Correct
    Wrong
  • 3
    Russia
    Correct
    Wrong
  • 4
    none of these
    Correct
    Wrong
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Answer : 3. "Russia"

Q:

When was the Industrial Finance Corporation of India established?

424 0

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

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