Economics GK Practice Question and Answer

Q:

Which of the following guarantees the purity of food items?

983 0

  • 1
    Hallmark
    Correct
    Wrong
  • 2
    Agmark
    Correct
    Wrong
  • 3
    Bullmark
    Correct
    Wrong
  • 4
    ISI mark
    Correct
    Wrong
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Answer : 2. "Agmark"

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: 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:

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?

852 0

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

Q:

When is National Consumer Day celebrated in India?

426 0

  • 1
    24 December
    Correct
    Wrong
  • 2
    1 March
    Correct
    Wrong
  • 3
    10 April
    Correct
    Wrong
  • 4
    10 December
    Correct
    Wrong
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Answer : 1. "24 December"

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"

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