Economics GK Practice Question and Answer
8 Q: Which of the following is not included in the national income?
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5efbff36e824154f4027a1c1- 1win the lotterytrue
- 2Government expenditure incurred on construction of new bridgesfalse
- 3Charged rent of houses in owner's possessionfalse
- 4None of thesefalse
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Answer : 1. "win the lottery"
Q: ‘L. K. Which tax was suggested by the Jha Committee?
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5efbfa38d7fe817321ad3579- 1D. M.A.T.false
- 2V.A.T.false
- 3M.O.D.V.A.T.false
- 4M.A.N.V.A.T.true
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Answer : 4. "M.A.N.V.A.T."
Q: Portion of deposits banks have to park with RBI is called ___? 2476 05c652b3bc5860623ed081639
5c652b3bc5860623ed081639- 1Statutory Reserve Ratiofalse
- 2Capital Adequacy Ratiofalse
- 3Cash Reserve Ratiotrue
- 4CASA Ratiofalse
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Answer : 3. "Cash Reserve Ratio"
Q: Where is the headquarters of Oil and Natural Gas Corporation (ONGC) in India located?
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603769f124cd273bc4f515e0- 1Hirapurfalse
- 2Guwahatifalse
- 3Dehraduntrue
- 4Mumbaifalse
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Answer : 3. "Dehradun"
Q: Committee on Public Distribution System is?
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5efbf8db0a52267797b6b00a- 1Sodhani Committeefalse
- 2Malegam Committeefalse
- 3Venugopal Committeetrue
- 4None of thesefalse
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Answer : 3. "Venugopal Committee"
Q: Which region has the least contribution to India's national income?
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5efbfe670a52267797b6b43a- 1Primary Sectorfalse
- 2Secondary Sectortrue
- 3Tertiary sectorfalse
- 4None of thesefalse
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Answer : 2. "Secondary Sector"
Q: The national census does NOT recognise ______ groups within India.
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64a2a305ab3c5fffc2fa1e10- 1tribalfalse
- 2ethnictrue
- 3religiousfalse
- 4scheduled castefalse
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Answer : 2. "ethnic"
Explanation :
A. National census does not identify ethnic groups within India.
B. Here are examples of some specific groups identified by the national census.
1. Tribal Groups: Santhal, Gond, Adivasi, Bodo, Meena, Kushwaha
2. Religious Groups: Hindu, Muslim, Christian, Sikh, Buddhist, Jain, Parsi
3. Linguistic Groups: Hindi, Bengali, Marathi, Tamil, Telugu, Urdu, Gujarati, Kannada, Punjabi, Assamese
Q: Which is the most important small scale industry of India?
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611397e4b7b4a6411ff6ca03- 1Handloom Industrytrue
- 2Leather Industryfalse
- 3Pottery manufacturing industryfalse
- 4Cotton textile industryfalse
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