Economics GK Questions Practice Question and Answer

Q:

When marginal utility is zero, the total utility is

567 0

  • 1
    Minimum
    Correct
    Wrong
  • 2
    Increasing
    Correct
    Wrong
  • 3
    Maximum
    Correct
    Wrong
  • 4
    Decreasing
    Correct
    Wrong
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Answer : 3. "Maximum "

Q:

When is the agriculture census done in Rajasthan -

564 0

  • 1
    Every 4 years
    Correct
    Wrong
  • 2
    Every 6 years
    Correct
    Wrong
  • 3
    Every 5 years
    Correct
    Wrong
  • 4
    Every 3 years
    Correct
    Wrong
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Answer : 3. "Every 5 years"

Q:

The relation of Rajasthan Industrial Development and Planning Corporation (RIICO) is correct.

639 0

  • 1
    Jodhpur- 1980
    Correct
    Wrong
  • 2
    Jaipur- 1981
    Correct
    Wrong
  • 3
    Jodhpur- 1981
    Correct
    Wrong
  • 4
    Jaipur- 1980
    Correct
    Wrong
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Answer : 4. "Jaipur- 1980"

Q:

Which of the following is the financial institution for the industrial development of Rajasthan-

(A) RICO

(B) RAJCO

(C). R. F. C.

(D) R. U. R. A

573 0

  • 1
    (A)(B)(C)
    Correct
    Wrong
  • 2
    (B)(C)(D)
    Correct
    Wrong
  • 3
    (A)(B)(D)
    Correct
    Wrong
  • 4
    (A) (B)(C)(D)
    Correct
    Wrong
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Answer : 4. "(A) (B)(C)(D)"

Q:

According to law of supply, if everything is equal then an increase in price results in ________. 

733 0

  • 1
    Decrease in quantity supplied
    Correct
    Wrong
  • 2
    Increase in quantity supplied
    Correct
    Wrong
  • 3
    Decrease in quantity demanded
    Correct
    Wrong
  • 4
    Increase in quantity demanded
    Correct
    Wrong
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Answer : 2. "Increase in quantity supplied "

Q:

'Gresham's law' is related to which of the following?

801 0

  • 1
    circulation of currency
    Correct
    Wrong
  • 2
    Supply and demand
    Correct
    Wrong
  • 3
    deficit economy
    Correct
    Wrong
  • 4
    circulation of currency
    Correct
    Wrong
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Answer : 4. "circulation of currency"

Q:

Who introduced this definition of Mudra itself which creates Mudra?

864 0

  • 1
    Marshal
    Correct
    Wrong
  • 2
    Hanson
    Correct
    Wrong
  • 3
    Crowther
    Correct
    Wrong
  • 4
    Crowmer
    Correct
    Wrong
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Answer : 4. "Crowmer"

Q:

Following region contributes most to India's GDP?

720 0

  • 1
    Primary Sector
    Correct
    Wrong
  • 2
    Tertiary sector
    Correct
    Wrong
  • 3
    Secondary sector
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 2. "Tertiary sector"

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