General Knowledge (GK) 2023-24: GK Questions, Topics, Mock Test, Practice Quiz
The gradation and standardization of agricultural products are conducted through
(A) Food Corporation of India
(B) Directorate of Marketing and Inspection
(C) Indian Standards Institution
(D) Central Statistical Organization
Correct Answer : B
How many member is in the GST Council of India?
(A) 33
(B) 34
(C) 36
(D) 27
Correct Answer : A
Which of the statements is correct about India's national income?
(A) Percentage share of agriculture is higher than services
(B) Percentage share of industry is higher than agriculture
(C) Percentage share of services is higher than industry
(D) Percentage share of services is higher than agriculture and industry put together
Correct Answer : D
Which among the following formulates fiscal policy?
(A) RBI
(B) Finance Ministry
(C) SEBI
(D) Planning Commission
Correct Answer : A
Deficit financing means the government borrows money from the –
(A) International Monetary Fund
(B) Ministry of Finance
(C) Reserve Bank of India
(D) World Trade Organization
Correct Answer : C
Which three indicators are used in the Human Development Index (HDI)?
I. Standard of living
II. Education
III. Life expectancy
IV. Condition of environment
(A) Only I, II & IV
(B) Only I, II, & III
(C) Only I & II
(D) All of the above
Correct Answer : B
In a cut motion, when the amount of demand is reduced by Rs 100/- , it is known as
(A) Disapproval of policy cut
(B) Economy cut
(C) Vote on Account
(D) Token cut
Correct Answer : D
The Economic development depends on-
(A) Natural resources
(B) Capital formation
(C) Size of the market
(D) All of these
Correct Answer : D
The study of factor pricing is alternatively called the theory of
(A) functional distribution
(B) personal distribution
(C) Income distribution
(D) wealth distribution
Correct Answer : A
This personality is known as the Father of Economics. Can you identify him from the given options?
(A) J.M. Keynes
(B) Adam Smith
(C) Abraham Maslow
(D) J.K. Galbraith
Correct Answer : B
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Rajesh Bhatia
A Writer, Teacher and GK Expert. I am an M.A. & M.Ed. in English Literature and Political Science. I am highly keen and passionate about reading Indian History. Also, I like to mentor students about how to prepare for a competitive examination. Share your concerns with me by comment box. Also, you can ask anything at linkedin.com/in/rajesh-bhatia-7395a015b/.
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