Free Economics Questions and Answers

Rajesh Bhatia2 years ago 23.9K Views Join Examsbookapp store google play
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Q :  Currently, which among the following products is facing imports ban from China?

(A) Milk and Milk products

(B) Rice

(C) Telecom equipment

(D) Heavy electrical engineering equipment


Correct Answer : A

Q :  What is the minimum public shareholding (MPS) mandated by SEBI for Private Companies and PSUs respectively?

(A) 75% and 90%

(B) 90% and 75%

(C) 10% and 25%

(D) 25% and 10%


Correct Answer : D

Q :  Which of the following agricultural commodity of India gives largest in terms of export value?

(A) Tea

(B) Basmati rice

(C) spices

(D) cotton


Correct Answer : B

Q :  The central nodal agency for implementing the price support operations for commercial crops is:

(A) NAFED

(B) NABARD

(C) TRIFED

(D) FCI


Correct Answer : A

Q :  Which of the following statements regarding the ‘Viability Gap Funding Scheme (VGF)’ is not true?

(A) Under VGF, the central government meets up to 20% of capital cost of a project being implemented in public private partnership (PPP) mode

(B) The scheme is administered by the ministry of finance.

(C) Sectors eligible for VGF are Infrastructure, health and education.

(D) VGF is a force multiplier, enabling government to leverage its resources more effectively.


Correct Answer : C

Q :  The government has powers under the Essential Commodities Act, 1955 (EC Act) to declare a commodity as an essential commodity to ensure its availabili

(A) 1, 2 and 3

(B) 1, 3 and 4

(C) 3, 4 and 5

(D) 2, 3, 4 and 5


Correct Answer : D

Q :  Which of the following schemes have been subsumed in the recently approved Ayushman Bharat – National Health Protection Mission (AB-NHPM)?

(A) Rashtriya Swasthya Bima Yojana

(B) Senior Citizen Health Insurance Scheme

(C) National Life Insurance Scheme

(D) 1 and 2


Correct Answer : D

Q :  Which of the following is used to denote broad money?

(A) M 1

(B) M 2

(C) M 3

(D) M 4


Correct Answer : 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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