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Economics GK | Economics Questions and Answers for Competitive Exams

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Important Questions of Economics


21. Who is known as the ‘Father of White Revolution’?

a) V Kurien
 b) MS Swaminathan
 c) JP Narayan
 d) Baba Amte

Ans . A


22. Who was the chief architect of Green Revolution that significantly improved the agricultural yield in the country?

a) MS Swaminathan
 b) VR Krisha Aiyyar
 c) V Kurien
 d) Jawaharlal Nehru

Ans . A


23. The Chota Nagpur Plateau famous for its mineral deposits is in

a) Uttar Pradesh
 b) Jharkhand
 c) Madhya Pradesh
 d) Bihar

Ans . B


24. The Mumbai Stock Exchange was set up in

a) 1875
 b) 1900
 c) 1922
 d) 1947

Ans . A


25. What does the term NSDL stands for?

a) National Securities Development Limited
 b) National Securities Depository Limited
 c) National Safety Development Limited
 d) Natural Safety Deployment Limited

Ans . B


26. Which one of the following was launched with the objective of helping the poor in rural areas to become self employed?

a) DPAP
 b) IRDP
 c) TRYSEM
 d) DDP

Ans . C


27. In Indian economy, the principal means of transportation is

a) airways
 b) railways
 c) waterways
 d) roadways

Ans . B


28. Which of the following organizations looks after the credit needs of agriculture and rural development in India?

a) FCI
 b) IDBI
 c) NABARD
 d) ICAR

Ans . C


29. Which of the following estimates the National Income in India?

a) Central Statistical Organization
 b) National Income Committee
 c) Planning commission
 d) Reserve Bank of India

Ans . A


30. In India which of the following taxes is levied by the state governments?

a) Excise duty on liquor
 b) Capital gains tax
 c) Customs tax
 d) corporation tax

Ans . A

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