Indian Economy General Knowledge Questions and Answers for SSC and Bank Exams

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Economy General Knowledge Questions
Q :  

Indian economy has a 'loose period'

(A) March – April

(B) September – December

(C) January – June

(D) February – April


Correct Answer : C

Q :  

Where is the national center of organic Fertilizer production?

(A) Hyderabad

(B) Ghaziabad

(C) Nellore

(D) Dehradun


Correct Answer : B

Q :  

A discount given for the purpose of increasing sales is called-

(A) Commercial leave

(B) Cash discount

(C) Discount received

(D) None of these


Correct Answer : A

Q :  

Who suggested to recover from the terrible economic slowdown of Teesa?

(A) Prof. Cannes

(B) Malthus

(C) Amartya Sen

(D) Dada Bhai Naoroji


Correct Answer : A

Q :  

Production and income calculation method is from economic point of view?

(A) Sahaj

(B) Scientist

(C) practical

(D) all three


Correct Answer : D

Q :  

Which of the following Indian states is a victim of poverty?

(A) Bihar

(B) Kerala

(C) Karnataka

(D) Haryana


Correct Answer : A

Q :  

How much maternity benefits will be given to the pregnant mothers under the National Food Security Bill?

(A) Rs. 5000/year

(B) Rs.3000/year

(C) Rs.6000/year

(D) Rs.4000/year


Correct Answer : C

Q :  

In which the following is not directly controlled by RBI?

(A) Bank rate

(B) Repo rate

(C) Base rate

(D) Cash Reserve Ratio


Correct Answer : C

Q :  

In which year fourteen major banks were nationalized in India?

(A) 1967

(B) 1968

(C) 1969

(D) 1971


Correct Answer : C

Q :  

Small farmers are defined in the country as those farmers who have holding area-

(A) Less than one hectare

(B) One to two hectares

(C) two to three hectares

(D) three to four hectares


Correct Answer : B

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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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