Economics GK Questions and Answers
When did the process of globalization begin in India?
(A) 1991
(B) 1980
(C) 1992
(D) 1996
Correct Answer : A
When is Consumer Rights Day celebrated?
(A) 17 March
(B) 15 March
(C) 19 April
(D) 22 April
Correct Answer : B
In which country was the declaration of consumer rights?
(A) China
(B) Japan
(C) England
(D) United States
Correct Answer : D
Where is the headquarters of International Organization for Standardization (ISO)?
(A) Dhaka
(B) Geneva
(C) New York
(D) London
Correct Answer : B
Banks and other financial institutions in India are required to maintain a certain amount of liquid assets like cash, precious metals and other short term securities as a reserve all the time. In Banking World this is known as–
(A) PLR
(B) Fixed Asset
(C) SLR
(D) CRR
Correct Answer : D
As per estimates of the Planning Commission of India the target growth rate of 12th Five-Year Plan is set to
(A) 7 to 8%
(B) 8.0% to 8.5%
(C) 9% to 9.5%
(D) 10 to 10.5%
Correct Answer : B
Explanation :
The Approach Paper has proposed a target of 8 per cent growth for the Twelfth Plan. Health, education and skill development, environment and natural resources, and infrastructure development were the focus areas of the Twelfth Plan.
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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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