Economics GK Questions Practice Question and Answer

Q:

What is the name of the currency of Bangladesh?

2882 0

  • 1
    Rupee
    Correct
    Wrong
  • 2
    Dollar
    Correct
    Wrong
  • 3
    Taka
    Correct
    Wrong
  • 4
    Dinar
    Correct
    Wrong
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Answer : 3. "Taka"

Q:

The study of factor pricing is alternatively called the theory of 

2096 0

  • 1
    functional distribution
    Correct
    Wrong
  • 2
    personal distribution
    Correct
    Wrong
  • 3
    Income distribution
    Correct
    Wrong
  • 4
    wealth distribution
    Correct
    Wrong
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Answer : 1. "functional distribution "

Q:

Who said that debt is child of deposit and deposit is child of debt?

1967 0

  • 1
    Cannes
    Correct
    Wrong
  • 2
    Marshall
    Correct
    Wrong
  • 3
    Pigue
    Correct
    Wrong
  • 4
    Crowther
    Correct
    Wrong
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Answer : 1. "Cannes"

Q:

Value of Total Goods and Services produced in a country is its _____________ .

1760 0

  • 1
    Gross Domestic Product
    Correct
    Wrong
  • 2
    Gross Revenue Income
    Correct
    Wrong
  • 3
    Total Goods Revenue
    Correct
    Wrong
  • 4
    Total Income
    Correct
    Wrong
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Answer : 1. "Gross Domestic Product"

Q:

Who is the institution that determines the rules related to international trade?

1397 0

  • 1
    World Bank
    Correct
    Wrong
  • 2
    IM
    Correct
    Wrong
  • 3
    U.P. N. O.
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 1. "World Bank"

Q:

The single citizenship included in the Indian Constitution is inspired by the constitution of which country?

1117 0

  • 1
    Britain
    Correct
    Wrong
  • 2
    Ireland
    Correct
    Wrong
  • 3
    Canada
    Correct
    Wrong
  • 4
    America
    Correct
    Wrong
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Answer : 1. "Britain"

Q:

Which of the following countries has a mixed economy?

989 0

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

Q:

Which is the most popular means of providing non institutional finance?

955 0

  • 1
    Country Banker
    Correct
    Wrong
  • 2
    Mahajan
    Correct
    Wrong
  • 3
    Merchant
    Correct
    Wrong
  • 4
    Co-operative bank
    Correct
    Wrong
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Answer : 2. "Mahajan"

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