Economics GK Practice Question and Answer

Q:

‘L. K. Which tax was suggested by the Jha Committee?

2948 0

  • 1
    D. M.A.T.
    Correct
    Wrong
  • 2
    V.A.T.
    Correct
    Wrong
  • 3
    M.O.D.V.A.T.
    Correct
    Wrong
  • 4
    M.A.N.V.A.T.
    Correct
    Wrong
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Answer : 4. "M.A.N.V.A.T."

Q:

A foreign currency which has a tendency to migrate soon is called?

715 0

  • 1
    soft currency
    Correct
    Wrong
  • 2
    Savarna Mudra
    Correct
    Wrong
  • 3
    Hot money
    Correct
    Wrong
  • 4
    Rare currency
    Correct
    Wrong
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Answer : 3. "Hot money"

Q: Portion of deposits banks have to park with RBI is called ___? 2480 0

  • 1
    Statutory Reserve Ratio
    Correct
    Wrong
  • 2
    Capital Adequacy Ratio
    Correct
    Wrong
  • 3
    Cash Reserve Ratio
    Correct
    Wrong
  • 4
    CASA Ratio
    Correct
    Wrong
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Answer : 3. "Cash Reserve Ratio"

Q:

Committee related to industrial sickness?

1502 0

  • 1
    Goswami Committee
    Correct
    Wrong
  • 2
    Tiwari Committee
    Correct
    Wrong
  • 3
    Both of the above
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 3. "Both of the above"

Q:

Which of the following is not included in the national income?

4780 0

  • 1
    win the lottery
    Correct
    Wrong
  • 2
    Government expenditure incurred on construction of new bridges
    Correct
    Wrong
  • 3
    Charged rent of houses in owner's possession
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 1. "win the lottery"

Q:

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

1186 0

  • 1
    Prof. Cannes
    Correct
    Wrong
  • 2
    Malthus
    Correct
    Wrong
  • 3
    Amartya Sen
    Correct
    Wrong
  • 4
    Dada Bhai Naoroji
    Correct
    Wrong
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Answer : 1. "Prof. Cannes"

Q:

Which two states of India are the leading producers of mineral oil?

750 0

  • 1
    Rajasthan and Gujarat
    Correct
    Wrong
  • 2
    Maharashtra and Goa
    Correct
    Wrong
  • 3
    Orissa and Bihar
    Correct
    Wrong
  • 4
    Assam and Gujarat
    Correct
    Wrong
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Answer : 4. "Assam and Gujarat"

Q:

In which year NABARD was established?

855 0

  • 1
    1935
    Correct
    Wrong
  • 2
    1991
    Correct
    Wrong
  • 3
    1976
    Correct
    Wrong
  • 4
    1982
    Correct
    Wrong
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Answer : 4. "1982"

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