Economics GK Practice Question and Answer

Q:

India is ranked on the basis of GDP?

847 0

  • 1
    5
    Correct
    Wrong
  • 2
    3
    Correct
    Wrong
  • 3
    7
    Correct
    Wrong
  • 4
    13
    Correct
    Wrong
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Answer : 3. "7"

Q:

How much of India's population is dependent on agricultural industry?

821 0

  • 1
    60%
    Correct
    Wrong
  • 2
    70%
    Correct
    Wrong
  • 3
    58.9%
    Correct
    Wrong
  • 4
    Others
    Correct
    Wrong
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Answer : 3. "58.9%"

Q:

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

4816 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:

Which region has the least contribution to India's national income?

1782 0

  • 1
    Primary Sector
    Correct
    Wrong
  • 2
    Secondary Sector
    Correct
    Wrong
  • 3
    Tertiary sector
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 2. "Secondary Sector"

Q:

Who contributes most to India's national income?

1239 0

  • 1
    Primary Sector
    Correct
    Wrong
  • 2
    Secondary sector
    Correct
    Wrong
  • 3
    Tertiary sector
    Correct
    Wrong
  • 4
    All equal
    Correct
    Wrong
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Answer : 3. "Tertiary sector"

Q:

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

2989 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:

Committee related to industrial sickness?

1551 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:

Committee on Public Distribution System is?

1935 0

  • 1
    Sodhani Committee
    Correct
    Wrong
  • 2
    Malegam Committee
    Correct
    Wrong
  • 3
    Venugopal Committee
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 3. "Venugopal Committee"

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