Economics GK Practice Question and Answer

Q:

The oldest large industry of India is?

798 0

  • 1
    Cotton textile industry
    Correct
    Wrong
  • 2
    Jute Industry
    Correct
    Wrong
  • 3
    Paper Industry
    Correct
    Wrong
  • 4
    Handicraft Industry
    Correct
    Wrong
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Answer : 1. "Cotton textile industry"

Q:

What is called by the government to abolish the old currency and move to the new currency?

793 0

  • 1
    Demonetization
    Correct
    Wrong
  • 2
    devaluation
    Correct
    Wrong
  • 3
    Currency contraction
    Correct
    Wrong
  • 4
    All these
    Correct
    Wrong
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Answer : 1. "Demonetization"

Q:

Which of the following committee is not associated to the estimation of poverty in India?

792 0

  • 1
    V.K. Alagh Committee
    Correct
    Wrong
  • 2
    Suresh Tendulkar Committee
    Correct
    Wrong
  • 3
    Rangarajan Committee
    Correct
    Wrong
  • 4
    Vijay Kelkar Committee
    Correct
    Wrong
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Answer : 4. "Vijay Kelkar Committee"
Explanation :

It is related to the assessment of poverty in India.

(A) V.K. Alagh Committee

(B) Suresh Tendulkar Committee

(C) Rangarajan Committee

Q:

What is the rank of India in the world in terms of rice export?

791 0

  • 1
    2nd
    Correct
    Wrong
  • 2
    3rd
    Correct
    Wrong
  • 3
    4th
    Correct
    Wrong
  • 4
    5th
    Correct
    Wrong
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Answer : 1. "2nd"

Q:

Which state of India has the highest percentage of poor?

791 0

  • 1
    Orissa
    Correct
    Wrong
  • 2
    Vihar
    Correct
    Wrong
  • 3
    Jharkhand
    Correct
    Wrong
  • 4
    Chhattisgarh
    Correct
    Wrong
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Answer : 3. "Jharkhand"

Q:

Who is the body regulating stock exchanges in India?

788 0

  • 1
    N.S.E
    Correct
    Wrong
  • 2
    S.E.B.I
    Correct
    Wrong
  • 3
    R.B.I.
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 2. "S.E.B.I"

Q:

Which of the following is the most dynamic factor of production?

782 0

  • 1
    Capital
    Correct
    Wrong
  • 2
    Organization
    Correct
    Wrong
  • 3
    land
    Correct
    Wrong
  • 4
    Labor
    Correct
    Wrong
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Answer : 1. "Capital"

Q:

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

779 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%"

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