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Top 100 Indian Economics GK Questions

4 months ago 8.5K Views
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 :  

What do you understand by closed economy?

(A) Import off

(B) Export stopped

(C) controlled capital

(D) Stop Import-Export

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 :  

In an economy, on what basis are sectors classified into public and private?

(A) Terms of employment

(B) Ownership of enterprises

(C) Use of raw materials

(D) None of these

Correct Answer : B

Q :  

When was the National Nyadarshan established in the country?

(A) 1955

(B) 1965

(C) 1950

(D) 1952

Correct Answer : C

Q :  

Who decides the Repo rate in India?

(A) Government of India

(B) Ministry of Finance

(C) Reserve bank of India

(D) None of these

Correct Answer : C
Explanation :

The repo rate is the rate at which the Reserve Bank of India borrows funds from commercial banks in the country. It is the rate at which commercial banks in India park their excess money with the Reserve Bank of India, usually for the short term.


Q :  

Which of the following issued initial Public Offer no rins for Life Insurance?

(A) CRISIL

(B) SEBI

(C) RBI

(D) IRDA

Correct Answer : C

Q :  

In which of the following banks, a person cannot open his account?

(A) Bank of India

(B) Urban Co-operative Bank

(C) Reserve Bank of India

(D) All these

Correct Answer : C

Q :  

Who is called the bank of banks in India?

(A) Reserve Bank of India

(B) Bank of India

(C) State Bank of India

(D) All these

Correct Answer : A

Q :  

Benefit from inflation?

(A) debtor

(B) Lender

(C) Saver

(D) Pension Recipients

Correct Answer : A

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