Economics GK Practice Question and Answer
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Q: Which of the following is not included in the national income?
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5efbff36e824154f4027a1c1- 1win the lotterytrue
- 2Government expenditure incurred on construction of new bridgesfalse
- 3Charged rent of houses in owner's possessionfalse
- 4None of thesefalse
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Answer : 1. "win the lottery"
Q: ‘L. K. Which tax was suggested by the Jha Committee?
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5efbfa38d7fe817321ad3579- 1D. M.A.T.false
- 2V.A.T.false
- 3M.O.D.V.A.T.false
- 4M.A.N.V.A.T.true
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Answer : 4. "M.A.N.V.A.T."
Q: Portion of deposits banks have to park with RBI is called ___? 1975 05c652b3bc5860623ed081639
5c652b3bc5860623ed081639- 1Statutory Reserve Ratiofalse
- 2Capital Adequacy Ratiofalse
- 3Cash Reserve Ratiotrue
- 4CASA Ratiofalse
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Answer : 3. "Cash Reserve Ratio"
Q: Where is the headquarters of Oil and Natural Gas Corporation (ONGC) in India located?
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603769f124cd273bc4f515e0- 1Hirapurfalse
- 2Guwahatifalse
- 3Dehraduntrue
- 4Mumbaifalse
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Answer : 3. "Dehradun"
Q: Which region has the least contribution to India's national income?
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5efbfe670a52267797b6b43a- 1Primary Sectorfalse
- 2Secondary Sectortrue
- 3Tertiary sectorfalse
- 4None of thesefalse
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Answer : 2. "Secondary Sector"
Q: Committee on Public Distribution System is?
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5efbf8db0a52267797b6b00a- 1Sodhani Committeefalse
- 2Malegam Committeefalse
- 3Venugopal Committeetrue
- 4None of thesefalse
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Answer : 3. "Venugopal Committee"
Q: Committee related to industrial sickness?
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5efbf937ea68613370d10c52- 1Goswami Committeefalse
- 2Tiwari Committeefalse
- 3Both of the abovetrue
- 4None of thesefalse
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Answer : 3. "Both of the above"
Q: Which of the following guarantees the purity of food items?
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603768ea9d90e74af72bd493- 1Hallmarkfalse
- 2Agmarktrue
- 3Bullmarkfalse
- 4ISI markfalse
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Answer : 2. "Agmark"
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