Economics GK Practice Question and Answer

Q:

Stagflation condition is?

778 0

  • 1
    deadlock and recession
    Correct
    Wrong
  • 2
    stagnation and inflation
    Correct
    Wrong
  • 3
    deadlock and deflation
    Correct
    Wrong
  • 4
    none of these
    Correct
    Wrong
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Answer : 2. "stagnation and inflation"

Q:

When is National Consumer Day celebrated in India?

768 0

  • 1
    24 December
    Correct
    Wrong
  • 2
    1 March
    Correct
    Wrong
  • 3
    10 April
    Correct
    Wrong
  • 4
    10 December
    Correct
    Wrong
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Answer : 1. "24 December"

Q:

The Bombay Stock Exchange established was?


766 0

  • 1
    1890
    Correct
    Wrong
  • 2
    1865
    Correct
    Wrong
  • 3
    1875
    Correct
    Wrong
  • 4
    1881
    Correct
    Wrong
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Answer : 3. "1875 "

Q:

In which year the new currency Euro was introduced?

765 0

  • 1
    1997
    Correct
    Wrong
  • 2
    1998
    Correct
    Wrong
  • 3
    1999
    Correct
    Wrong
  • 4
    2001
    Correct
    Wrong
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Answer : 3. "1999"

Q:

When was the Life Insurance Corporation of India established?

755 0

  • 1
    1960
    Correct
    Wrong
  • 2
    1980
    Correct
    Wrong
  • 3
    1956
    Correct
    Wrong
  • 4
    1975
    Correct
    Wrong
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Answer : 3. "1956"

Q:

Out of the gross area of crops in India, the area of food grains is?

752 0

  • 1
    60-65%
    Correct
    Wrong
  • 2
    more than 70%
    Correct
    Wrong
  • 3
    more than 50%
    Correct
    Wrong
  • 4
    58%
    Correct
    Wrong
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Answer : 2. "more than 70%"

Q:

Which two states of India are the leading producers of mineral oil?

750 0

  • 1
    Rajasthan and Gujarat
    Correct
    Wrong
  • 2
    Maharashtra and Goa
    Correct
    Wrong
  • 3
    Orissa and Bihar
    Correct
    Wrong
  • 4
    Assam and Gujarat
    Correct
    Wrong
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Answer : 4. "Assam and Gujarat"

Q:

GNP differs from NNP due to 

738 0

  • 1
    Interest on public debt
    Correct
    Wrong
  • 2
    depreciation
    Correct
    Wrong
  • 3
    net indirect taxes
    Correct
    Wrong
  • 4
    direct taxes
    Correct
    Wrong
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Answer : 2. "depreciation "

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