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Latest Economics GK Questions and Answers

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Explore your knowledge of the Indian Economy by solving the questions and answers provided below in the article. In almost all types of competitive exams; questions based on the Indian Economy are asked. Under the Latest Economics GK Questions section, many questions are asked related to the study or principles of the way money, business and industry, Budget, Five years plan in competitive exams. 

Economics GK Questions

Here I am sharing the Latest Economics GK Questions and Answers under Indian Economics Questions for those learners who are preparing for competitive exams. In this article, you can study the important and Latest Economics GK Questions and Answers.

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Latest Economics GK Questions and Answers 

  Q :  

National Insurance Awareness Day was observed on which day?

(A) 26 June

(B) 27 June

(C) 28 June

(D) 29 June

Correct Answer : C

Q :  

GNP differs from NNP due to 

(A) Interest on public debt

(B) depreciation

(C) net indirect taxes

(D) direct taxes

Correct Answer : B

Q :  

Which of the following is called the ‘father of white revolution’ in India? 

(A) Hargovind Khurana

(B) V. Kurien

(C) M.S. Swaminathan

(D) P.K. Sethi

Correct Answer : B

Q :  

What was the main focus of India’s first five year plan?

(A) Research related development and Space related development

(B) Development of Information Technology

(C) Rapid growth of heavy industries

(D) Development of primary sector with focus on agriculture

Correct Answer : D

Q :  

Central bank of our country is 

(A) State Bank of India

(B) Reserve Bank of India

(C) Central Bank of India

(D) Bank of Baroda

Correct Answer : B
Explanation :

1. The central bank of our country is the Reserve Bank of India.

2. It is the supreme bank of India and determines the monetary policy of the country.

3. RBI was established on April 1, 1935 under the Reserve Bank of India Act, 1934.


Q :  

Which of the following companies has partnered with Indian Railways to ship items on more than 110 intercity routes?

(A) Google India

(B) Infosys

(C) Flipkart Logistics

(D) TCS

(E) Wipro

Correct Answer : C
Explanation :

The company that has partnered with Indian Railways to send goods on more than 110 intercity routes is the logistics arm of Indian e-commerce company Flipkart, called "Flipkart Logistics".


Q :  

Amazon Ties up with which of the following company to Launch Deep Learning Platform?

(A) Facebook

(B) Microsoft

(C) IBM

(D) Wipro

(E) Google

Correct Answer : B
Explanation :

Amazon has introduced new AI tools, the name of this service is Amazon Bedrock. It was announced by the company in April, about which information was revealed that it will help in developing different ranges of AI apps. With this, the company wants to compete with Google and Microsoft.


Q :  

Which of the following place India‘s first lithium-ion battery facility?

(A) Andhra Pradesh

(B) Maharashtra

(C) Gujarat

(D) Telangana

(E) Tamil Nadu

Correct Answer : A
Explanation :

he Minister of State for Electronics and Information Technology, Rajeev Chandrasekhar has launched the pre-production run of India's first lithium cell manufacturing facility at Tirupati, Andhra Pradesh.


Q :  

Which e-commerce company has introduced ‘ anti-theft‘ packaging for the first time in India?

(A) Flipkart

(B) Amazon

(C) ebay

(D) Snapdeal

(E) Alibaba

Correct Answer : A
Explanation :

E-commerce major Flipkart on Tuesday said it has developed India's first 'anti-theft' packaging to secure goods from in-transit theft and tampering.


Q :  

India successfully test-fires 1st all weather tracked-chassis QR-SAM, here what is QR stands for?

(A) Quick Range

(B) Quick Reaction

(C) Quick Response

(D) Quick Reach

(E) Quick Run

Correct Answer : B
Explanation :

Quick Reaction Surface to Air Missile system. The flight-tests were carried out against high-speed aerial targets mimicking various types of threats to evaluate the capability of the weapon systems under different scenarios, according to a release by ministry of defence.


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