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General Economics Questions and Answers for SSC Exam

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Q :  

Who has the maximum contribution to the national income of India?

(A) Primary sector

(B) Secondary Sector

(C) Tertiary Sector

(D) Equal to all

Correct Answer : C

Q :  

Which is the government agency responsible for estimating national income in India?

(A) Indian Statistical Organization

(B) Central Statistical Organization

(C) Organization Reserve Bank of India

(D) None of these

Correct Answer : B

Q :  

Is the poor save more than the rich?

(A) a relatively large part of his income

(B) of his entire income

(C) a relatively small part of his income

(D) an equal share of his income

Correct Answer : C

Q :  

Where is the commercial magazine 'Vaniyaal' published?

(A) New Delhi

(B) Kolkata

(C) New York

(D) Mumbai

Correct Answer : D

Q :  

Is there a committee related to industrial sickness?

(A) Goswami Committee

(B) Tiwari Committee

(C) both of the above

(D) none of these

Correct Answer : C

Q :  

In which year the International Finance Corporation was established?

(A) 1957

(B) 1956

(C) 1955

(D) 1954

Correct Answer : B

Q :  

If an increase in the price of one commodity leads to a decrease in the demand for another commodity, then what will the commodity be called?

(A) competitor

(B) assistant

(C) complimentary

(D) complementary

Correct Answer : C

Q :  

Which of the following crops is grown in India more than in all the other countries?

(A) Wheat

(B) Cotton

(C) Sugarcane

(D) Rice

Correct Answer : C

Q :  

Which crop is the maximum agricultural land in India?

(A) Rice

(B) Cotton

(C) Maize

(D) Wheat

Correct Answer : A

Q :  

The country is the largest producer of coarse cereals in the world.

(A) India

(B) Japan

(C) Russia

(D) China

Correct Answer : A

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