Economics GK | Economics Questions and Answers for Competitive Exams

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Economics GK Questions and Answers

Economics GK Questions


Q.91 India holds the third position in production of Sugar cane.

(A) True

(B) False


Ans .  B


Q.92 National Agriculture Insurance Scheme was implemented on

(A) Oct. 1997

(B) Oct. 1998

(C) Oct. 1999

(D) Oct. 2000


Ans .  C


Q.93 Which is not a Kharif Crop?

(A) Jowar

(B) Maize

(C) Groundnut

(D) Wheat


Ans .  D


Q.94 The data of estimation of India's National income is issued by ?

(A) Planning Commision

(B) National Data Center

(C) Central Statistical Organsation

(D) None of above


Ans .  C


Q.95 The concept of Economic Planning in India is derived from?

(A) USA

(B) UK

(C) Australia

(D) Russia


Ans .  D


Q.96 First five year plan in India was from

(A) 1947 - 1952

(B) 1949 - 1954

(C) 1950 - 1955

(D) 1951 - 1956


Ans .  D


Q.97 First five year plan was based on?

(A) Herold -Domar Model

(B) P.C. Mahalanobis Model

(C) Both of above

(D) None of above


Ans .  A


Q.98 Which five year plan is also known as "Gadgil Yojana" ?

(A) Second Five Year Plan

(B) Third Five Year Plan

(C) Fourth Five Year Plan

(D) Fifth Five Year Plan


Ans .  C


Q.99 Which five year plan focused on "Growth with social justice and equity".

(A) Ninth Five Year Plan

(B) Eight Five Year Plan

(C) Seventh Five Year Plan

(D) Sixth Five Year Plan


Ans .  A


Q.100 Planning Commission was constituted on?

(A) 15 March, 1948

(B) 15 March, 1949

(C) 15 March, 1950

(D) 15 March, 1951


Ans .  C


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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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