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Latest Indian Economics GK Questions

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Explore your knowledge of the Indian Economy and Economics GK by solving questions and answers provided below within the article. within the majority of designs of competitive exams; questions that supported the Indian Economy are asked. Here, we have compiled quite questions on the varied sections of the Indian Economy and Economics GK which will be very useful for each quite competitive exam like UPSC, PSC, SSC, CDS, and others.

Economics GK Questions 

Here, we are providing Top 100 Indian Economics GK Questions and Answers associated with competitive exams, with the assistance of which you'll check your performance with right and wrong answers by solving Indian Economy GK questions at your level and checking your result. After that, you'll be able to also comprehend your status within the competitive exam.

Students can easily get free General Knowledge Mock Test and Current Affairs Mock Test on this platform for online exam practice to obtain good marks in the competitive exams.

Latest Indian Economics GK Questions        

  Q :  

One of the problems of calculation of national income in India is

(A) Under-employment

(B) Inflation

(C) Low level of children

(D) Non-monetized consumption

Correct Answer : B

Q :  

Which Bank has launched its Multi Option Payment Acceptance Device (MOPAD) for digital payments?

(A) PNB

(B) SBI

(C) HDFC

(D) Yes Bank

(E) ICICI

Correct Answer : B

Q :  

Which of the following cities will set up India’s first e-waste recycling unit?

(A) Lucknow

(B) Bhopal

(C) New Delhi

(D) Mumbai

(E) Chennai

Correct Answer : B

Q :  

Which of the following banks got the top spot among the PSU banks in the digital transactions as per the report published by the Department of Financial Services?

(A) State Bank of India

(B) Bank of India

(C) Punjab National Bank

(D) Bank of Baroda

(E) IDBI Bank

Correct Answer : C
Explanation :
State Bank of India (SBI) and its associate banks and other commercial banks such as Central Bank of India, Bank of India, Punjab National Bank and various regional rural banks are some examples of public sector commercial banks.



Q :  

The first bank to open its branch outside India in London in 1946

(A) Bank of India

(B) Canara Bank

(C) Imperial Bank of India

(D) Central Bank of India

(E) None of these

Correct Answer : A
Explanation :

The first Indian bank to open a branch outside India was the Bank of India. It established its first overseas branch in London in 1946.


Q :  

__________ is not a loan category in MUDRA Scheme.

(A) Shishu

(B) Kishore

(C) Yuva

(D) Tarun

Correct Answer : C

Q :  

FEMA (Foreign Exchange Management Act) was finally implemented in the year_____.

(A) 1991

(B) 1997

(C) 2002

(D) 2007

Correct Answer : C
Explanation :

Foreign Exchange Management Act, 1999 (FEMA) came into force by an act of Parliament. It was enacted on 29 December 1999.


Q :  

The head of the Reserve Bank of India is Called:

(A) Secretly

(B) Chairperson

(C) Governor

(D) Field Marshal

Correct Answer : C
Explanation :

Shri Shaktikanta Das, IAS Retd., former Secretary, Department of Revenue and Department of Economic Affairs, Ministry of Finance, Government of India assumed charge as the 25th Governor of the Reserve Bank of India effective December 12, 2018.


Q :  

India is Largest exporter of

(A) Granite

(B) Textile

(C) Toys

(D) Software

Correct Answer : B

Q :  

The person responsible for milk revolution in India is:

(A) Dr. Kurian

(B) Dr. Pandyan

(C) Dr. Madhavan

(D) Dr. Pant

Correct Answer : A

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