Latest and Important Economics GK Questions
The largest producer of cellphones in the world is the country?
(A) China
(B) America
(C) France
(D) India
Correct Answer : A
The largest item of expenditure in the current account of the budget of the Central Government is?
(A) Defense expenditure
(B) interest payment
(C) Central Planning
(D) none of these
Correct Answer : C
From which of the following direct taxes, the government receives maximum revenue?
(A) Income Tax
(B) Wealth Tax
(C) charity tax
(D) Corporation Tax
Correct Answer : D
Which deficit is the largest contributor to the total deficit of the budget of the Government of India?
(A) Fiscal deficit
(B) Revenue Deficit Income
(C) Primary deficit
(D) none of these
Correct Answer : A
What is the difference between total expenditure and total receipts in the budget figures of the Government of India called?
(A) Fiscal deficit
(B) Revenue deficit
(C) Budgetary deficit
(D) Current deficit
Correct Answer : C
The state which stands first in per capita income is
(A) Bihar
(B) Maharashtra
(C) Punjab
(D) Kerala
Correct Answer : B
India's first - ever national police museum will establish in which city?
(A) Nagpur
(B) Kolkata
(C) Chennai
(D) Delhi
Correct Answer : D
The Indian economy can be appropriately described as a:
(A) Traditional economy
(B) Mixed economy
(C) Capitalist economy
(D) Socialist economy
Correct Answer : B
prepared the first estimate of national income for the country?
(A) Central Statistical Organization
(B) National Sample Survey Organization
(C) National Income Committee
(D) Dadabhai Naoroji
Correct Answer : D
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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