Economics GK | Economics Questions and Answers for Competitive Exams

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Economics GK Questions and Answers

Mostly Asked Economics GK Questions


51. Which of the following deals with economic offences?

a) MISA
 b) NSA
 c) TADA
 d) COFEPOSA


Ans . D


52. In India, inflation is measured by

a) wholesale price index number
 b) consumer price index for urban non-manual workers
 c) consumer price index for agricultural workers
 d) national income deflation


Ans . D


53. Which of the following programs meets the credit needs of poor women?

a) Mahila Samriddhi Yojna
 b) Rashtriya Mahila Kosh
 c) Indira Mahila Yojna
 d) Mahila Samakhya Programme


Ans . B


54. National income is the

a) Net National Product at Market price
 b) Net National product at factor coast
 c) net domestic product at market price
 d) net domestic product at factor cost


Ans . C


55. Which of the following programs aims at the promotion of savings among rural women?

a) Rashtriya Mahila Kosh
 b) Mahila Samriddhi Yojna
 c) Indira Mahila Yojna
 d) Javhar Rozgar Yojna


Ans . B


56. Which is the largest commercial bank in India?

a) Reserve Bank of India
 b) State Bank of India
 c) ICICI Bank
 d) Bank of India


Ans . B


57. Bank of Hindustan is the oldest bank in India. When did it start functioning?

a) 1990
 b) 1770
 c) 1885
 d) 1892


Ans . B


58. The Bank of Calcutta, Bank of Bombay and Bank of Madras were merged in 1921 to form

a) Reserve Bank of India
 b) Imperial Bank of India
 c) Bank of India
 d) Union Bank of India


Ans . B


59. When was the Reserve Bank of India established?

a) 1935
 b) 1920
 c) 1928
 d) 1947


Ans . A


60. When was the Imperial Bank of India nationalized to form the State Bank of India?

a) 1947
 b) 1949
 c) 1951
 d) 1955


Ans . D

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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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