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Economics GK Quiz Questions

3 years ago 7.7K Views
Q :  

There is mostly unemployment in India?

(A) cyclic

(B) Structural

(C) Technology

(D) Frictional

Correct Answer : B

Q :  

Whose method is used in calculating national income in India?

(A) Income Law

(B) Origin calculation method

(C) Both (A) and (B)

(D) None of these

Correct Answer : C

Q :  

Who assesses the national income numbers in India?

(A) Planning Commission Ministry of Finance

(B) Central Statistical Organization

(C) Reserve Bank of India

(D) Reserve Bank of India

Correct Answer : B

Q :  

Whose  prepared the first estimate of national income for the country?

(A) Dadabhai Naoroji

(B) National Income Committee

(C) National Sample Survey Organization

(D) None of these

Correct Answer : A

Q :  

Following region contributes most to India's GDP?

(A) Primary Sector

(B) Tertiary sector

(C) Secondary sector

(D) None of these

Correct Answer : B

Q :  

'Gresham's law' is related to which of the following?

(A) circulation of currency

(B) Supply and demand

(C) deficit economy

(D) circulation of currency

Correct Answer : D

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