Top 50 Economics GK Questions
To whom is India's maximum foreign trade?
(A) United States of America
(B) Thailand
(C) Bangladesh
(D) Japan
Correct Answer : A
Where is the Indian Institute of Foreign Trade Located?
(A) Hyderabad
(B) Mumbai
(C) New Delhi
(D) Ahmedabad
Correct Answer : C
To whom is the Nayak Committee related?
(A) cottage industries
(B) small scale industries
(C) heavy industries
(D) All these
Correct Answer : B
FERA has been replaced in India by?
(A) FETA
(B) FENA
(C) FEMA
(D) FELA
Correct Answer : C
What is related to the recommendations of the Kelkar Test Force?
(A) Foreign investment
(B) banking
(C) taxes
(D) trade
Correct Answer : C
If articles made in Surat are sold in Mumbai or Delhi, then it is?
(A) Territorial Trade
(B) internal trade
(C) International trade
(D) free trade
Correct Answer : A
Which of the following classes of countries does India have the largest import trade?
(A) Eastern Europe
(B) Developing countries
(C) O.P.E.C
(D) O.E.C.D
Correct Answer : C
The ex-officio secretary of the National Development Council is?
(A) Secretary General of the Lok Sabha
(B) Secretary of the Planning Commission
(C) Secretary of the Ministry of Finance
(D) none of these
Correct Answer : B
In which article of the Constitution is the provision for the constitution of the Finance Commission in India described?
(A) Article 293
(B) Article 280
(C) Article 264
(D) none of these
Correct Answer : B
In which year was the Planning Commission constituted in India?
(A) 1988
(B) 1950
(C) 1948
(D) 1956
Correct Answer : B
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Rajesh Bhatia
A Writer, Teacher and GK Expert. I am an M.A. & M.Ed. in English Literature and Political Science. I am highly keen and passionate about reading Indian History. Also, I like to mentor students about how to prepare for a competitive examination. Share your concerns with me by comment box. Also, you can ask anything at linkedin.com/in/rajesh-bhatia-7395a015b/.
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