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Top 50 Economics GK Questions

3 years ago 5.9K Views
Q :  

To whom is India's maximum foreign trade?

(A) United States of America

(B) Thailand

(C) Bangladesh

(D) Japan

Correct Answer : A

Q :  

Where is the Indian Institute of Foreign Trade Located?

(A) Hyderabad

(B) Mumbai

(C) New Delhi

(D) Ahmedabad

Correct Answer : C

Q :  

To whom is the Nayak Committee related?

(A) cottage industries

(B) small scale industries

(C) heavy industries

(D) All these

Correct Answer : B

Q :  

FERA has been replaced in India by?

(A) FETA

(B) FENA

(C) FEMA

(D) FELA

Correct Answer : C

Q :  

What is related to the recommendations of the Kelkar Test Force?

(A) Foreign investment

(B) banking

(C) taxes

(D) trade

Correct Answer : C

Q :  

If articles made in Surat are sold in Mumbai or Delhi, then it is?

(A) Territorial Trade

(B) internal trade

(C) International trade

(D) free trade

Correct Answer : A

Q :  

Which of the following classes of countries does India have the largest import trade?

(A) Eastern Europe

(B) Developing countries

(C) O.P.E.C

(D) O.E.C.D

Correct Answer : C

Q :  

The ex-officio secretary of the National Development Council is?

(A) Secretary General of the Lok Sabha

(B) Secretary of the Planning Commission

(C) Secretary of the Ministry of Finance

(D) none of these

Correct Answer : B

Q :  

In which article of the Constitution is the provision for the constitution of the Finance Commission in India described?

(A) Article 293

(B) Article 280

(C) Article 264

(D) none of these

Correct Answer : B

Q :  

In which year was the Planning Commission constituted in India?

(A) 1988

(B) 1950

(C) 1948

(D) 1956

Correct Answer : B

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