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Economics GK | Economics Questions and Answers for Competitive Exams

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Economics GK Questions 

Q :  

Information, education and knowledge have become universal after the advent of which modern machine?

(A) Mobile phone

(B) Calculator

(C) Computer

(D) None of these

Correct Answer : C

Q :  

Which country ranks first on the basis of capita on GDP?

(A) Luxembourg

(B) United States

(C) Qatar

(D) Others

Correct Answer : C

Q :  Who is the richest state in India?

(A) TamilNadu

(B) Maharashatra

(C) Kerala

(D) Mumbai

Correct Answer : B

Q :  

India is the major importer?

(A) Pulses

(B) Oilseeds

(C) Both of these

(D) None of these

Correct Answer : C

Q :  

Where does commercial magazine commerce come from?

(A) New Delhi

(B) Kolkata

(C) New York

(D) Mumbai

Correct Answer : D

Q :  

The National Rural Employment Guarantee Scheme is named after which great man?

(A) Rajiv Gandhi

(B) Mahatma Gandhi

(C) Indira Gandhi

(D) Jawaharlal Nehru

Correct Answer : B

Q :  

When did the cooperative movement start in India?

(A) 1904

(B) 1907

(C) 1905

(D) 1920

Correct Answer : A

Q :  

Who said that in the modern world, the industry is wearing minted garments?

(A) Crowther

(B) Trescott

(C) Pigu

(D) Marshall

Correct Answer : C

Q :  

Who has defined the vicious cycle of poverty?

(A) Ragnar Nerks

(B) Prof. Fisher

(C) None of these

(D) Prof. Cannes

Correct Answer : A

Q :  

What was the period of Teesa's terrible economic recession?

(A) 1920-30

(B) 1929-33

(C) 1918-25

(D) 1998-2009

Correct Answer : B

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