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Indian Economy GK Questions for Competitive Exams

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Q :  

Information, education and knowledge have become universal after the advent of which modern machine?

(A) Mobile phone

(B) Calculator

(C) Computer

(D) None of these

Correct Answer : C

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 :  

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.


Q :  

Which city has been called the financial capital of India?

(A) Mumbai

(B) Delhi

(C) Patna

(D) Bangalore

Correct Answer : A

Q :  

Which of the following is the oldest stock market in Asia?

(A) Patna

(B) Kanpur

(C) Mumbai

(D) Delhi

Correct Answer : C

Q :  

There is mostly unemployment in India?

(A) cyclic

(B) Structural

(C) Technology

(D) Frictional

Correct Answer : B

Q :  

India has the highest agricultural area for which of the following crops?

(A) Wheat

(B) Cotton

(C) Pulses

(D) Rice

Correct Answer : D

Q :  

In which year did the United Nations set the principles for the rights and protection of the consumer?

(A) 1985

(B) 1990

(C) 2005

(D) 2010

Correct Answer : A

Q :  

When did the New Economic Policy Program on Economic Reforms begin?

(A) July, 1980

(B) July 1992

(C) July 1991

(D) July 1995

Correct Answer : C

Q :  

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

(A) Central Statistical Organization

(B) National Sample Survey Organization

(C) National Income Committee

(D) Dadabhai Naoroji

Correct Answer : D

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