Economics GK Questions Practice Question and Answer
8 4 Q:
5f7d53ea3c7d8710e014920c 4 Q:
5efbfc7f30aa3b4ee606a66e 4 Q:
5f7d50403c7d8710e0147a08 4 Q:
5fc217014f2f6c622bf3a11a 4 Q:
5dc15b8fee5d9e2ea2b32a9e 4 Q:
5efbf5c3196e681f76e96f43 Answer : 2. "textile industry"
4 Q:
5f7d4fc81e5cb657ce31da52 4 Q:
5fc217a096415e6951aee167
Q: When was the Planning Commission formed in India?
956 05f7d53ea3c7d8710e014920c
5f7d53ea3c7d8710e014920c- 115 March 1950true
- 215 September 1950false
- 315 October 1951false
- 4None of thesefalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "15 March 1950"
Q: Under which crop is the maximum agricultural land in India?
1228 05efbfc7f30aa3b4ee606a66e
5efbfc7f30aa3b4ee606a66e- 1Ricetrue
- 2Cottonfalse
- 3Maizefalse
- 4Wheatfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "Rice"
Q: What is the purpose of economic activities? Both
886 05f7d50403c7d8710e0147a08
5f7d50403c7d8710e0147a08- 1Livelihoodtrue
- 2Entertainmentfalse
- 3A) and (B)false
- 4None of thesefalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "Livelihood"
Q: Whose Arthashastra was composed?
1066 05fc217014f2f6c622bf3a11a
5fc217014f2f6c622bf3a11a- 1Chandraguptafalse
- 2Maurya Alexanderfalse
- 3Chanakyatrue
- 4None of thesefalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "Chanakya"
Q: The study of factor pricing is alternatively called the theory of
2495 05dc15b8fee5d9e2ea2b32a9e
5dc15b8fee5d9e2ea2b32a9e- 1functional distributiontrue
- 2personal distributionfalse
- 3Income distributionfalse
- 4wealth distributionfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "functional distribution "
Q: Which of the following industries has the highest labor force in India?
1196 05efbf5c3196e681f76e96f43
5efbf5c3196e681f76e96f43- 1Cement Industryfalse
- 2textile industrytrue
- 3Jute Industryfalse
- 4Iron-steel industryfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "textile industry"
Explanation :
In 2021, 43.96 percent of the workforce in India were employed in agriculture, while the other half was almost evenly distributed among the two other sectors, industry and services. While the share of Indians working in agriculture is declining, it is still the main sector of employment.
Q: Which of the following countries has a mixed economy?
1393 05f7d4fc81e5cb657ce31da52
5f7d4fc81e5cb657ce31da52- 1Americafalse
- 2Indiatrue
- 3Chinafalse
- 4Russiafalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "India"
Q: Which currency is legally recognized in our country?
4045 05fc217a096415e6951aee167
5fc217a096415e6951aee167- 1Good moneyfalse
- 2Credit-currencyfalse
- 3letter moneytrue
- 4Checkfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "letter money"
en722rated