Indian Economy General Knowledge Questions
"National Clean Air Programme" launched in India.
(A) 2002
(B) 2019
(C) 2017
(D) 2016
Correct Answer : B
Which of the following statements is correct?
(A) Most workers will work for less than their reservation wage
(B) The reservation wage is the maximum amount of any firm will pay for a worker
(C) Economic rent is the difference between the market wage and the reservation wage
(D) Economic rent is the amount one must pay to enter a desirable labour market
Correct Answer : C
With which form of economy is the term ‘Laissez-Faire’ associated?
(A) Capitalist Economy
(B) Socialist Economy
(C) Mixed Economy
(D) Command Economy
Correct Answer : A
Who among the following promotes social justice?
(A) Herald Laski
(B) John Keynes
(C) John Rowles
(D) All of the above
Correct Answer : C
Which state of India is called sugar bowl?
(A) Andhra Pradesh
(B) Tamil Nadu
(C) Himachal Pradesh
(D) Uttar Pradesh
Correct Answer : D
Where is India's first Iron Steel Company located?
(A) Jamshedpur
(B) Hirapur
(C) Mumbai
(D) Guwahati
Correct Answer : A
India's largest coffee producing state?
(A) Karnataka
(B) Maharashtra
(C) Gujarat
(D) Uttar Pradesh
Correct Answer : A
In which of the following industrial policies, small scale industries were given more emphasis?
(A) 1948 Industrial Policy
(B) 1956 Industrial Policy
(C) 1977 Industrial Policy
(D) none of these
Correct Answer : C
Does the federal budget receive maximum income from?
(A) income tax
(B) Corporate tax
(C) Excise duty
(D) Custom Duty
Correct Answer : C
Which one of the following industries employs maximum labor force in India?
(A) Cement Industry
(B) Textile Industry
(C) Jute Industry
(D) iron-steel industry
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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