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Economics GK Questions and Answers

3 years ago 5.5K Views
Q :  

When did the process of globalization begin in India?

(A) 1991

(B) 1980

(C) 1992

(D) 1996

Correct Answer : A

Q :  

When is Consumer Rights Day celebrated?

(A) 17 March

(B) 15 March

(C) 19 April

(D) 22 April

Correct Answer : B

Q :  

In which country was the declaration of consumer rights?

(A) China

(B) Japan

(C) England

(D) United States

Correct Answer : D

Q :  

Where is the headquarters of International Organization for Standardization (ISO)?

(A) Dhaka

(B) Geneva

(C) New York

(D) London

Correct Answer : B

Q :  

Banks and other financial institutions in India are required to maintain a certain amount of liquid assets like cash, precious metals and other short term securities as a reserve all the time. In Banking World this is known as–

(A) PLR

(B) Fixed Asset

(C) SLR

(D) CRR

Correct Answer : D

Q :  

As per estimates of the Planning Commission of India the target growth rate of 12th Five-Year Plan is set to

(A) 7 to 8%

(B) 8.0% to 8.5%

(C) 9% to 9.5%

(D) 10 to 10.5%

Correct Answer : B
Explanation :

The Approach Paper has proposed a target of 8 per cent growth for the Twelfth Plan. Health, education and skill development, environment and natural resources, and infrastructure development were the focus areas of the Twelfth Plan.


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