Economics GK | Economics Questions and Answers for Competitive Exams

Important Questions of Economics

21. Who is known as the ‘Father of White Revolution’?

a) V Kurien
 b) MS Swaminathan
 c) JP Narayan
 d) Baba Amte

22. Who was the chief architect of Green Revolution that significantly improved the agricultural yield in the country?

a) MS Swaminathan
 b) VR Krisha Aiyyar
 c) V Kurien
 d) Jawaharlal Nehru

23. The Chota Nagpur Plateau famous for its mineral deposits is in

a) Uttar Pradesh
 b) Jharkhand
 c) Madhya Pradesh
 d) Bihar

24. The Mumbai Stock Exchange was set up in

a) 1875
 b) 1900
 c) 1922
 d) 1947

25. What does the term NSDL stands for?

a) National Securities Development Limited
 b) National Securities Depository Limited
 c) National Safety Development Limited
 d) Natural Safety Deployment Limited

26. Which one of the following was launched with the objective of helping the poor in rural areas to become self employed?

a) DPAP
 b) IRDP
 c) TRYSEM
 d) DDP

27. In Indian economy, the principal means of transportation is

a) airways
 b) railways
 c) waterways
 d) roadways

28. Which of the following organizations looks after the credit needs of agriculture and rural development in India?

a) FCI
 b) IDBI
 c) NABARD
 d) ICAR

29. Which of the following estimates the National Income in India?

a) Central Statistical Organization
 b) National Income Committee
 c) Planning commission
 d) Reserve Bank of India

30. In India which of the following taxes is levied by the state governments?

a) Excise duty on liquor
 b) Capital gains tax
 c) Customs tax
 d) corporation tax