Economics GK Practice Question and Answer
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Q: When was the Industrial and Financial Exchange Board established?
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60d3159e1cefce3a61b2644d- 11945false
- 21955false
- 31992true
- 41995false
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Answer : 3. "1992"
Q: In view of which of the following are cottage and small scale industries necessary in the Indian economy?
621 060d3155c64466567bd7557ae
60d3155c64466567bd7557ae- 1employment generationtrue
- 2Income Generationfalse
- 3low costfalse
- 4none of thesefalse
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Answer : 1. "employment generation"
Q: Which of the following is the most dynamic factor of production?
782 060d3150b025df84f0791cd45
60d3150b025df84f0791cd45- 1Capitaltrue
- 2Organizationfalse
- 3landfalse
- 4Laborfalse
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Answer : 1. "Capital"
Q: What is considered to be knowledge, technical skill, education etc. in the economy?
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60d3141f64466567bd75545c- 1Tangible physical capitalfalse
- 2Working Capitalfalse
- 3Human Capitaltrue
- 4none of thesefalse
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Answer : 3. "Human Capital"
Q: What is the relationship between the value of money and the price level in an economy?
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60d313871cefce3a61b25c73- 1stablefalse
- 2inversetrue
- 3Anulomfalse
- 4none of thesefalse
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Answer : 2. "inverse"
Q: In which year NABARD was established?
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60d3134f025df84f0791c3a7- 11935false
- 21991false
- 31976false
- 41982true
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Answer : 4. "1982"
Q: In which year the new currency Euro was introduced?
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60d312c764466567bd754d67- 11997false
- 21998false
- 31999true
- 42001false
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Answer : 3. "1999"
Q: Which of the following is considered as the main determinant of real wages?
636 060d3127f1cefce3a61b2567b
60d3127f1cefce3a61b2567b- 1purchasing power of moneytrue
- 2Nature of workfalse
- 3additional incomefalse
- 4none of thesefalse
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Answer : 1. "purchasing power of money"
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