General Economics Questions and Answers for SSC Exam
Which country ranks first on the basis of capita on GDP?
(A) Luxembourg
(B) United States
(C) Qatar
(D) Others
Correct Answer : C
(A) TamilNadu
(B) Maharashatra
(C) Kerala
(D) Mumbai
Correct Answer : B
India is the major importer?
(A) Pulses
(B) Oilseeds
(C) Both of these
(D) None of these
Correct Answer : C
Where does commercial magazine commerce come from?
(A) New Delhi
(B) Kolkata
(C) New York
(D) Mumbai
Correct Answer : D
Which state of India has the highest percentage of poor?
(A) Orissa
(B) Vihar
(C) Jharkhand
(D) Chhattisgarh
Correct Answer : C
What is called by the government to abolish the old currency and move to the new currency?
(A) Demonetization
(B) devaluation
(C) Currency contraction
(D) All these
Correct Answer : A
Do the poor save more than the rich?
(A) Relatively large portion of their income
(B) his entire income
(C) a relatively small portion of their income
(D) equal share of his income
Correct Answer : C
In which year Foreign Exchange Management Act (FEMA) came into effect?
(A) 1999
(B) 2000
(C) 2002
(D) 2003
Correct Answer : D
Which fruit has the largest area under agriculture in India?
(A) Banana
(B) Jackfruit
(C) Lychee
(D) Mango
Correct Answer : D
What percentage of the agricultural industry contributes to the gross profit from national income?
(A) 18%
(B) 17.9%
(C) 20%
(D) Others
Correct Answer : A
Explanation :
Agriculture is the most important sector of Indian Economy. Indian agriculture sector accounts for 18 per cent of India's gross domestic product (GDP) and provides employment to 50% of the countries workforce.
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Rajesh Bhatia
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