Economics GK Practice Question and Answer

Q:

Which economist prepared the first human development index?

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  • 1
    Prof. Amartya Sen
    Correct
    Wrong
  • 2
    Mehboob-ul-Haq
    Correct
    Wrong
  • 3
    Dr. Manmohan Singh
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 2. "Mehboob-ul-Haq"

Q:

Which of these is an Indian multinational company?

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  • 1
    Nokia
    Correct
    Wrong
  • 2
    Dabur
    Correct
    Wrong
  • 3
    Samsung
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 2. "Dabur"

Q:

In which year NABARD was established?

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

Q:

The Federal Reserve Bank is the central bank of which country?

848 0

  • 1
    America
    Correct
    Wrong
  • 2
    Germany
    Correct
    Wrong
  • 3
    France
    Correct
    Wrong
  • 4
    Others
    Correct
    Wrong
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Answer : 1. "America"

Q:

Where is the headquarters of International Organization for Standardization (ISO)?

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  • 1
    Dhaka
    Correct
    Wrong
  • 2
    Geneva
    Correct
    Wrong
  • 3
    New York
    Correct
    Wrong
  • 4
    London
    Correct
    Wrong
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Answer : 2. "Geneva"

Q:

Who has the absolute right to issue paper note currency in India?

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  • 1
    Urban Co-operative Bank
    Correct
    Wrong
  • 2
    Bank of India
    Correct
    Wrong
  • 3
    Finance Commission
    Correct
    Wrong
  • 4
    Reserve Bank
    Correct
    Wrong
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Answer : 4. "Reserve Bank"

Q:

NIFTY is a price index of which of the following stock market?

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  • 1
    C.S.E
    Correct
    Wrong
  • 2
    N.S.E
    Correct
    Wrong
  • 3
    D.S.E
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 2. "N.S.E"

Q:

What is the difference between total expenditure and total receipts in the budget figures of the Government of India called?

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  • 1
    Fiscal deficit
    Correct
    Wrong
  • 2
    Revenue deficit
    Correct
    Wrong
  • 3
    Budgetary deficit
    Correct
    Wrong
  • 4
    Current deficit
    Correct
    Wrong
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Answer : 3. "Budgetary deficit"

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