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

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Economy General Knowledge Questions
Q :  

The National Stock Exchange was established by which committee?

(A) Mahalanobis Committee

(B) Wanchoo Committee

(C) Ferwani Committee

(D) None of these


Correct Answer : C

Q :  

'Shining Star' is a symbol of which bank?

(A) Bank of Baroda

(B) Bank of India

(C) Indian Bank

(D) None of these


Correct Answer : B

Q :  

Cause of Inflation is -

(A) Increase in money supply

(B) Fall in production

(C) Increases in money supply and fall in production

(D) Decrease in money supply and fall in production


Correct Answer : C

Q :  

Which is one of the factors of subsistence used to measure the Poverty Line in India?

(A) Equality

(B) Education

(C) Internet

(D) Transportation


Correct Answer : B

Q :  

According to law of supply, if everything is equal then an increase in price results in ________. 

(A) Decrease in quantity supplied

(B) Increase in quantity supplied

(C) Decrease in quantity demanded

(D) Increase in quantity demanded


Correct Answer : B

Q :  

Issues currency notes in India?

(A) Urban Co-operative Bank

(B) Reserve Bank of India

(C) Ministry of Finance

(D) Finance Secretary


Correct Answer : B

Q :  

The Reserve Bank of India has an accounting year?

(A) October - September

(B) April-March

(C) July-June

(D) None of these


Correct Answer : B

Q :  

In which year was the Industrial Reconstruction Bank of India established?

(A) 1947

(B) 1990

(C) 1985

(D) 1991


Correct Answer : C

Q :  

In which year was the Indian Unit Test established?

(A) 1964

(B) 1969

(C) 1971

(D) 1973


Correct Answer : A

Q :  

Who is the body regulating stock exchanges in India?

(A) N.S.E

(B) S.E.B.I

(C) R.B.I.

(D) None of these


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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