Easy Indian Economics GK Questions and Answers

Singapore maintains its spot as the world's most expensive city, tying with Zurich, Switzerland. This is the ninth time in 11 years that Singapore has topped the list.

Keeping in view the interest of sugarcane farmers (GannaKisan), the Cabinet Committee on Economic Affairs chaired by Prime Minister Shri Narendra Modi has approved Fair and Remunerative Price (FRP) of sugarcane for sugar season 2023-24 (October - September) at Rs. 315/qtl for a basic recovery rate of 10.25%.

Child insurance plan is an investment cum insurance plan from life insurance companies, which offers financial safety to your child's dreams and goals. You can use a child insurance plan to invest in the big life goals of your child like higher education and marriage.

with Malaysia, Singapore and the United States being the largest sources of remittance. Research work on remittances to India is listed in the India Migration Bibliography.

Detailed Solution. The correct answer is RBL Bank. RBI has authorized RBL Bank to collect indirect taxes on behalf of the Central Board of Indirect Taxes and Customs (CBIC).

The correct answer is Late response to customer needs. A late response to customer needs is NOT an advantage of E-Commerce.

The Planning Commission was replaced with the NITI Aayog. The NITI Aayog acts as a platform that brings together states to discuss the entire nation's progress. It comprises all Chief Ministers, Lt. Governors of the Union Territories, and the Prime Minister, who is also its chairman.

Nominal GDP is the value of GDP at the current prevailing prices.

Regular census in India are held every 10 years.

Any expenditure that is incurred on programmes which are detailed under the current (Five Year) Plan of the centre or centre's advances to state for their plans is called plan expenditure. Plan expenditure is further sub-classified into Revenue Expenditure and Capital Expenditure.