General Economics Questions and Answers
Economics defines the current economic situation of any country. Every country has its economic policies to determine the budget and financial policy for the growth of the country. Indian Economy is part of General Knowledge in competitive exams. In this section, aspirants can study India's budget and financial policy to crack any competitive exams.
General Economics Questions and Answers
Here I am sharing General Economics Questions and Answers related to financial policy, budget, etc for those aspirins preparing for competitive exams. To study this section General Economics Questions and Answers, you can command Indian Economics.
Students can quickly get free General Knowledge Mock Test and Current Affairs Mock Test on this platform for online exam practice to obtain good marks in the competitive exams.
General Economics Questions and Answers
Q : Which one of the following industries has been the largest investment in the Indian economy?
(A) Tea
(B) Cement
(C) Steel
(D) Jute
Correct Answer : C
Among the following industries which one has been the largest investment in the Indian economy?
(A) Tea
(B) Cement
(C) Steel
(D) Jute
Correct Answer : C
In which sector is the hidden unemployed mainly in India?
(A) Agricultural area
(B) Rural area
(C) Factory area
(D) Urban area
Correct Answer : A
Under which five-year plan was the slogan of Garibi Hatao in India given?
(A) 2nd
(B) 3rd
(C) 5th
(D) 10th
Correct Answer : C
The increase in the rate of tax in line with the increase in the tax base is called
(A) Proportionate tax
(B) Progressive Tax
(C) Regressive tax
(D) Diminishing tax
Correct Answer : B
Which of the following banks will allow its customers to make card-less cash withdrawals at over 100000 ATMs across India?
(A) Bank of Baroda
(B) ICICI Bank
(C) AU Small Finance Bank
(D) State Bank of India
(E) Airtel Payments Bank
Correct Answer : E
Explanation :
Airtel Payments Bank offers card-less cash withdrawal facility at select ATMs. "The facility is currently available for Airtel Payments Bank account holders at over 20,000 IMT-enabled ATMs in India and will cover more than 100,000 ATMs by the end of 2018," said Airtel.
What is the main objective of monetary policy?
(A) Increase in tax revenue
(B) Reforms in the Public Distribution System
(C) To encourage economic growth with price stability
(D) Removal of corruption from the economy
Correct Answer : C
India successfully test-fires 1st all weather tracked-chassis QR-SAM, here what is QR stands for?
(A) Quick Range
(B) Quick Reaction
(C) Quick Response
(D) Quick Reach
(E) Quick Run
Correct Answer : B
Explanation :
Quick Reaction Surface to Air Missile system. The flight-tests were carried out against high-speed aerial targets mimicking various types of threats to evaluate the capability of the weapon systems under different scenarios, according to a release by ministry of defence.
Which of the following place India‘s first lithium-ion battery facility?
(A) Andhra Pradesh
(B) Maharashtra
(C) Gujarat
(D) Telangana
(E) Tamil Nadu
Correct Answer : A
Explanation :
he Minister of State for Electronics and Information Technology, Rajeev Chandrasekhar has launched the pre-production run of India's first lithium cell manufacturing facility at Tirupati, Andhra Pradesh.
Which of the following companies has partnered with Indian Railways to ship items on more than 110 intercity routes?
(A) Google India
(B) Infosys
(C) Flipkart Logistics
(D) TCS
(E) Wipro
Correct Answer : C
Explanation :
The company that has partnered with Indian Railways to send goods on more than 110 intercity routes is the logistics arm of Indian e-commerce company Flipkart, called "Flipkart Logistics".
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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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