Economics GK Quiz Questions and Answers
Which state is the largest producer of soybean in India?
(A) Uttar Pradesh
(B) Rajasthan
(C) Madhya Pradesh
(D) Bihar
Correct Answer : C
Second Green Revolution will be related to?
(A) production of wheat
(B) production of rice
(C) using biotechnology
(D) high yielding seeds
Correct Answer : C
What is the determinant of minimum support price?
(A) Agricultural Costs and Prices Commission
(B) Indian Council of Agricultural Research
(C) State Government
(D) none of these
Correct Answer : A
Does the federal budget receive maximum income from?
(A) income tax
(B) Corporate tax
(C) Excise duty
(D) Custom Duty
Correct Answer : C
Zero-based budgeting technology was adopted for the first time in India in which state?
(A) Andhra Pradesh
(B) Kerala
(C) Tamil Nadu
(D) Karnataka
Correct Answer : A
Which type of chemical fertilizer is consumed the most in India?
(A) Nitrogenous
(B) equal to all three
(C) potashic
(D) Phosphatic
Correct Answer : A
When was the Intensive Animal Development Program (ICDP) launched with the aim of increasing milk production in the country?
(A) 1964-65
(B) 1965-66
(C) 1966-67
(D) 1956
Correct Answer : A
Bharat Nirman Yojana is related to?
(A) Settlement development
(B) Food grains from family welfare program
(C) production self-reliance
(D) none of these
Correct Answer : A
The year in which the first industrial policy of independent India was announced was?
(A) 1947
(B) 1948
(C) 1951
(D) 1956
Correct Answer : B
Explanation :
Industrial Policy – 1948. After having attained independence, the Government of India declared its first Industrial Policy on 6th April, 1948. The Industrial Policy 1948 was presented in the parliament by then Industry Minister Dr. Shyama Prasad Mukherjee.
When was the Steel Authority of India Limited established?
(A) 1954
(B) 1964
(C) 1974
(D) 1984
Correct Answer : C