Latest Economics GK Questions and Answers
Which of the following cities will set up India’s first e-waste recycling unit?
(A) Lucknow
(B) Bhopal
(C) New Delhi
(D) Mumbai
(E) Chennai
Correct Answer : B
Which state has bagged the top position under the Pradhan Mantri Surakshit Matritav Abhiyan (PMSMA)?
(A) Odisha
(B) West Bengal
(C) Himachal Pradesh
(D) Assam
(E) Gujarat
Correct Answer : C
Explanation :
Himachal Pradesh has been adjudged first among states for its performance under the Pradhan Mantri Surakshit Matritav Abhiyan (PMSMA) in the country.
Which of the following banks got the top spot among the PSU banks in the digital transactions as per the report published by the Department of Financial Services?
(A) State Bank of India
(B) Bank of India
(C) Punjab National Bank
(D) Bank of Baroda
(E) IDBI Bank
Correct Answer : C
Explanation :
State Bank of India (SBI) and its associate banks and other commercial banks such as Central Bank of India, Bank of India, Punjab National Bank and various regional rural banks are some examples of public sector commercial banks.
Who was the founder of Bank of Baroda?
(A) Maharaja Sayajirao II
(B) Maharaja Bajirao-III
(C) P. karamchandra
(D) Maharaj Chhatrasal
(E) None of these
Correct Answer : B
Explanation :
The Maharaja of Baroda, Maharaja Sayajirao Gaekwad III, founded Bank of Baroda on 20 July 1908 in the Princely State of Baroda, in Gujarat. This year, it's our 116th Foundation Day, and we've so many reasons to celebrate and cherish our journey so far.
The first bank to open its branch outside India in London in 1946
(A) Bank of India
(B) Canara Bank
(C) Imperial Bank of India
(D) Central Bank of India
(E) None of these
Correct Answer : A
Explanation :
The first Indian bank to open a branch outside India was the Bank of India. It established its first overseas branch in London in 1946.
_____ is the primary sector of the Indian economy.
(A) Banking
(B) Information and Technology
(C) Agriculture
(D) Judiciary
Correct Answer : C
__________ is not a loan category in MUDRA Scheme.
(A) Shishu
(B) Kishore
(C) Yuva
(D) Tarun
Correct Answer : C
Which of the following Economic survey was also famous as Pink Economic survey?
(A) Economic survey 2015-16
(B) Economic survey 2016-17
(C) Economic survey 2017-18
(D) Economic survey 2019-2020
Correct Answer : C
FEMA (Foreign Exchange Management Act) was finally implemented in the year_____.
(A) 1991
(B) 1997
(C) 2002
(D) 2007
Correct Answer : C
Explanation :
Foreign Exchange Management Act, 1999 (FEMA) came into force by an act of Parliament. It was enacted on 29 December 1999.
Who among the following is India’s Largest employer?
(A) Reliance Industries
(B) Tata group
(C) Indian Railways
(D) Steel Authority of India
Correct Answer : C
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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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