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Indian Economic GK Questions and Answers

4 years ago 6.3K Views
Q :  

Which state has the highest Human Development Index (HDI) in India?

(A) Gujarat

(B) Kerala

(C) Tamil Nadu

(D) Maharashtra

Correct Answer : B

Q :  

What is the purpose of economic activities? Both

(A) Livelihood

(B) Entertainment

(C) A) and (B)

(D) None of these

Correct Answer : A

Q :  

What are the different grounds for explaining economic development?

(A) Gross National Product

(B) per capita income

(C) Basis of economic welfare

(D) All of these

Correct Answer : D

Q :  

Which economist prepared the first human development index?

(A) Prof. Amartya Sen

(B) Mehboob-ul-Haq

(C) Dr. Manmohan Singh

(D) None of these

Correct Answer : B

Q :  

In Economics, buying an asset in one market and simultaneously selling an identical asset in another market at a higher price is termed as ____________.

(A) Depreciation

(B) Mortgage

(C) Devaluation

(D) Arbitrage

Correct Answer : D

Q :  

At present, what kind of unemployment problem remains a very serious problem in the country?

(A) Rural unemployment

(B) Urban unemployment

(C) Educated unemployment

(D) Open unemployment

Correct Answer : C

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