Economics GK Questions and Answers
In which year did the United Nations set the principles for the rights and protection of the consumer?
(A) 1985
(B) 1990
(C) 2005
(D) 2010
Correct Answer : A
Which one of the following is not a clause of the World Trade Organisation?
(A) Lowering trade barriers with negotiations
(B) Most favoured nation treatment
(C) Providing financial support to the countries having deficit balance of payments
(D) Discouraging unfair trade practices such as anti-dumping and export subsidies
Correct Answer : C
Explanation :
Providing financial support to the countries having deficit balance of payments.
Demand for labour is–
(A) Composite demand
(B) Competitive demand
(C) Derived demand
(D) Joint demand
Correct Answer : C
What is the percentage of the female population according to the 2011 census?
(A) 42.53 %
(B) 40.53 %
(C) 48.53 %
(D) 45.53 %
Correct Answer : C
What is the basic structure of an economy?
(A) Agriculture
(B) industries
(C) Services
(D) three
Correct Answer : D
When did the New Economic Policy Program on Economic Reforms begin?
(A) July, 1980
(B) July 1992
(C) July 1991
(D) July 1995
Correct Answer : C
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Rajesh Bhatia
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