Economics GK Questions Practice Question and Answer

Q:

The national income is divided by the per capita income?

750 0

  • 1
    Area of the country
    Correct
    Wrong
  • 2
    Total population of the country
    Correct
    Wrong
  • 3
    Quantity of capital used
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 2. "Total population of the country"

Q:

Which state has the highest per capita income?

622 0

  • 1
    Gujarat
    Correct
    Wrong
  • 2
    Maharashtra
    Correct
    Wrong
  • 3
    Goa
    Correct
    Wrong
  • 4
    Punjab
    Correct
    Wrong
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Answer : 3. "Goa"

Q:

When was the National Nyadarshan established in the country?

1016 0

  • 1
    1955
    Correct
    Wrong
  • 2
    1965
    Correct
    Wrong
  • 3
    1950
    Correct
    Wrong
  • 4
    1952
    Correct
    Wrong
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Answer : 3. "1950"

Q:

What is the maximum contribution to the national income of India?

703 0

  • 1
    Service Sector
    Correct
    Wrong
  • 2
    Business Area
    Correct
    Wrong
  • 3
    Agricultural sector
    Correct
    Wrong
  • 4
    Industry Sector
    Correct
    Wrong
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Answer : 1. "Service Sector"

Q:

In an economy, on what basis are sectors classified into public and private?

701 0

  • 1
    Terms of employment
    Correct
    Wrong
  • 2
    Ownership of enterprises
    Correct
    Wrong
  • 3
    Use of raw materials
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 2. "Ownership of enterprises"

Q:

Disguised unemployment is commonly seen in India.

755 0

  • 1
    In the service sector
    Correct
    Wrong
  • 2
    In the agricultural sector
    Correct
    Wrong
  • 3
    Factory area
    Correct
    Wrong
  • 4
    All these
    Correct
    Wrong
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Answer : 2. "In the agricultural sector"

Q:

What do you understand by closed economy?

628 0

  • 1
    Import off
    Correct
    Wrong
  • 2
    Export stopped
    Correct
    Wrong
  • 3
    controlled capital
    Correct
    Wrong
  • 4
    Stop Import-Export
    Correct
    Wrong
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Answer : 4. "Stop Import-Export"

Q:

The state is the first state to issue a human development report?

620 0

  • 1
    Kerala
    Correct
    Wrong
  • 2
    Rajasthan
    Correct
    Wrong
  • 3
    U.P.
    Correct
    Wrong
  • 4
    Madhya Pradesh
    Correct
    Wrong
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Answer : 4. "Madhya Pradesh"

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