Get Started

General Economics Questions and Answers for SSC Exam

Last year 4.3K Views
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 :  

Which state of India has the highest percentage of poor?

(A) Orissa

(B) Vihar

(C) Jharkhand

(D) Chhattisgarh

Correct Answer : C

Q :  

What is called by the government to abolish the old currency and move to the new currency?

(A) Demonetization

(B) devaluation

(C) Currency contraction

(D) All these

Correct Answer : A

Q :  

Do the poor save more than the rich?

(A) Relatively large portion of their income

(B) his entire income

(C) a relatively small portion of their income

(D) equal share of his income

Correct Answer : C

Q :  

In which year Foreign Exchange Management Act (FEMA) came into effect?

(A) 1999

(B) 2000

(C) 2002

(D) 2003

Correct Answer : D

Q :  

Which fruit has the largest area under agriculture in India?

(A) Banana

(B) Jackfruit

(C) Lychee

(D) Mango

Correct Answer : D

Q :  

What percentage of the agricultural industry contributes to the gross profit from national income?

(A) 18%

(B) 17.9%

(C) 20%

(D) Others

Correct Answer : A
Explanation :

Agriculture is the most important sector of Indian Economy. Indian agriculture sector accounts for 18 per cent of India's gross domestic product (GDP) and provides employment to 50% of the countries workforce.


Related categories

Very important related articles. Read now

The Most Comprehensive Exam Preparation Platform

Get the Examsbook Prep App Today