Economics GK Practice Question and Answer

Q:

In which year the new currency Euro was introduced?

456 0

  • 1
    1997
    Correct
    Wrong
  • 2
    1998
    Correct
    Wrong
  • 3
    1999
    Correct
    Wrong
  • 4
    2001
    Correct
    Wrong
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Answer : 3. "1999"

Q:

Which of the following is considered as the main determinant of real wages?

391 0

  • 1
    purchasing power of money
    Correct
    Wrong
  • 2
    Nature of work
    Correct
    Wrong
  • 3
    additional income
    Correct
    Wrong
  • 4
    none of these
    Correct
    Wrong
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Answer : 1. "purchasing power of money"

Q:

Which one of the following Indian banks is not a nationalized bank?

500 0

  • 1
    Dena Bank
    Correct
    Wrong
  • 2
    Federal Bank
    Correct
    Wrong
  • 3
    Corporation Bank
    Correct
    Wrong
  • 4
    Vijay Bank
    Correct
    Wrong
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Answer : 2. "Federal Bank"

Q:

Government takes way and means loan?

392 0

  • 1
    IDBI
    Correct
    Wrong
  • 2
    RBI
    Correct
    Wrong
  • 3
    SBI
    Correct
    Wrong
  • 4
    ICICI
    Correct
    Wrong
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Answer : 2. "RBI"

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"

Q:

When was the Life Insurance Corporation of India established?

521 0

  • 1
    1960
    Correct
    Wrong
  • 2
    1980
    Correct
    Wrong
  • 3
    1956
    Correct
    Wrong
  • 4
    1975
    Correct
    Wrong
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Answer : 3. "1956"

Q:

'Shining Star' is a symbol of which bank?

695 0

  • 1
    Bank of Baroda
    Correct
    Wrong
  • 2
    Bank of India
    Correct
    Wrong
  • 3
    Indian Bank
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 2. "Bank of India"

Q:

NIFTY is a price index of which of the following stock market?

565 0

  • 1
    C.S.E
    Correct
    Wrong
  • 2
    N.S.E
    Correct
    Wrong
  • 3
    D.S.E
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 2. "N.S.E"

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