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Economics GK | Economics Questions and Answers for Competitive Exams

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Mostly Asked Economics GK Questions


51. Which of the following deals with economic offences?

a) MISA
 b) NSA
 c) TADA
 d) COFEPOSA

Ans . D


52. In India, inflation is measured by

a) wholesale price index number
 b) consumer price index for urban non-manual workers
 c) consumer price index for agricultural workers
 d) national income deflation

Ans . D


53. Which of the following programs meets the credit needs of poor women?

a) Mahila Samriddhi Yojna
 b) Rashtriya Mahila Kosh
 c) Indira Mahila Yojna
 d) Mahila Samakhya Programme

Ans . B


54. National income is the

a) Net National Product at Market price
 b) Net National product at factor coast
 c) net domestic product at market price
 d) net domestic product at factor cost

Ans . C


55. Which of the following programs aims at the promotion of savings among rural women?

a) Rashtriya Mahila Kosh
 b) Mahila Samriddhi Yojna
 c) Indira Mahila Yojna
 d) Javhar Rozgar Yojna

Ans . B


56. Which is the largest commercial bank in India?

a) Reserve Bank of India
 b) State Bank of India
 c) ICICI Bank
 d) Bank of India

Ans . B


57. Bank of Hindustan is the oldest bank in India. When did it start functioning?

a) 1990
 b) 1770
 c) 1885
 d) 1892

Ans . B


58. The Bank of Calcutta, Bank of Bombay and Bank of Madras were merged in 1921 to form

a) Reserve Bank of India
 b) Imperial Bank of India
 c) Bank of India
 d) Union Bank of India

Ans . B


59. When was the Reserve Bank of India established?

a) 1935
 b) 1920
 c) 1928
 d) 1947

Ans . A


60. When was the Imperial Bank of India nationalized to form the State Bank of India?

a) 1947
 b) 1949
 c) 1951
 d) 1955

Ans . D

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