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General Knowledge (GK) 2023-24: GK Questions, Topics, Mock Test, Practice Quiz

7 months ago 7.9M Views
Q :  

The gradation and standardization of agricultural products are conducted through

(A) Food Corporation of India

(B) Directorate of Marketing and Inspection

(C) Indian Standards Institution

(D) Central Statistical Organization

Correct Answer : B

Q :  

How many member is in the GST Council of India?

(A) 33

(B) 34

(C) 36

(D) 27

Correct Answer : A

Q :  

Which of the statements is correct about India's national income?    

(A) Percentage share of agriculture is higher than services

(B) Percentage share of industry is higher than agriculture

(C) Percentage share of services is higher than industry

(D) Percentage share of services is higher than agriculture and industry put together

Correct Answer : D

Q :  

Which among the following formulates fiscal policy? 

(A) RBI

(B) Finance Ministry

(C) SEBI

(D) Planning Commission

Correct Answer : A

Q :  

Deficit financing means the government borrows money from the – 

(A) International Monetary Fund

(B) Ministry of Finance

(C) Reserve Bank of India

(D) World Trade Organization

Correct Answer : C

Q :  

Which three indicators are used in the Human Development Index (HDI)?

I. Standard of living

II. Education

III. Life expectancy

IV. Condition of environment


(A) Only I, II & IV

(B) Only I, II, & III

(C) Only I & II

(D) All of the above

Correct Answer : B

Q :  

In a cut motion, when the amount of demand is reduced by Rs 100/- , it is known as

(A) Disapproval of policy cut

(B) Economy cut

(C) Vote on Account

(D) Token cut

Correct Answer : D

Q :  

The Economic development depends on-

(A) Natural resources

(B) Capital formation

(C) Size of the market

(D) All of these

Correct Answer : D

Q :  

The study of factor pricing is alternatively called the theory of 

(A) functional distribution

(B) personal distribution

(C) Income distribution

(D) wealth distribution

Correct Answer : A

Q :  

This personality is known as the Father of Economics. Can you identify him from the given options?

(A) J.M. Keynes

(B) Adam Smith

(C) Abraham Maslow

(D) J.K. Galbraith

Correct Answer : B

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