Economics GK Practice Question and Answer

Q:

In which year was the Indian Unit Test established?

614 0

  • 1
    1964
    Correct
    Wrong
  • 2
    1969
    Correct
    Wrong
  • 3
    1971
    Correct
    Wrong
  • 4
    1973
    Correct
    Wrong
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Answer : 1. "1964"

Q:

Which state has wet agriculture in India?

606 0

  • 1
    Kerala
    Correct
    Wrong
  • 2
    Assam
    Correct
    Wrong
  • 3
    Bihar
    Correct
    Wrong
  • 4
    Gujarat
    Correct
    Wrong
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Answer : 1. "Kerala"

Q:

Which is the most important small scale industry of India?

597 0

  • 1
    Handloom Industry
    Correct
    Wrong
  • 2
    Leather Industry
    Correct
    Wrong
  • 3
    Pottery manufacturing industry
    Correct
    Wrong
  • 4
    Cotton textile industry
    Correct
    Wrong
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Answer : 1. "Handloom Industry"

Q:

Where is the headquarters of International Organization for Standardization (ISO)?

595 0

  • 1
    Dhaka
    Correct
    Wrong
  • 2
    Geneva
    Correct
    Wrong
  • 3
    New York
    Correct
    Wrong
  • 4
    London
    Correct
    Wrong
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Answer : 2. "Geneva"

Q:

What is the difference between total expenditure and total receipts in the budget figures of the Government of India called?

572 0

  • 1
    Fiscal deficit
    Correct
    Wrong
  • 2
    Revenue deficit
    Correct
    Wrong
  • 3
    Budgetary deficit
    Correct
    Wrong
  • 4
    Current deficit
    Correct
    Wrong
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Answer : 3. "Budgetary deficit"

Q:

In which of the following banks, a person cannot open his account?

571 0

  • 1
    Bank of India
    Correct
    Wrong
  • 2
    Urban Co-operative Bank
    Correct
    Wrong
  • 3
    Reserve Bank of India
    Correct
    Wrong
  • 4
    All these
    Correct
    Wrong
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Answer : 3. "Reserve Bank of India"

Q:

Who has the absolute right to issue paper note currency in India?

565 0

  • 1
    Urban Co-operative Bank
    Correct
    Wrong
  • 2
    Bank of India
    Correct
    Wrong
  • 3
    Finance Commission
    Correct
    Wrong
  • 4
    Reserve Bank
    Correct
    Wrong
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Answer : 4. "Reserve Bank"

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