Economics GK Questions Practice Question and Answer
8 Q: Production function expresses
575 0638f111a58400a550dc7fb8a
638f111a58400a550dc7fb8a- 1technological relationship between physical inputs and outputtrue
- 2financial relationship between physical inputs and outputfalse
- 3relationship between finance and technologyfalse
- 4relationship between factors of productionfalse
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Answer : 1. "technological relationship between physical inputs and output"
Q: When is the agriculture census done in Rajasthan -
567 0634e5b1ee4e07e287e8d997c
634e5b1ee4e07e287e8d997c- 1Every 4 yearsfalse
- 2Every 6 yearsfalse
- 3Every 5 yearstrue
- 4Every 3 yearsfalse
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Answer : 3. "Every 5 years"
Q: When marginal utility is zero, the total utility is
567 0638f0eef34f83f147296a590
638f0eef34f83f147296a590- 1Minimumfalse
- 2Increasingfalse
- 3Maximumtrue
- 4Decreasingfalse
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Answer : 3. "Maximum "
Q: What is the economy of Rajasthan based on?
565 061a4c0156075564728116aa9
61a4c0156075564728116aa9- 1Agriculture Basedtrue
- 2based on industry Basedfalse
- 3Based on servicefalse
- 4None of thesefalse
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Answer : 1. "Agriculture Based"
Explanation :
Rajasthan is a mineral-rich state and has a diversified economy having agriculture, mining and tourism as its main engines of growth.
Q: What was the number of bank offices/branches in Rajasthan till September 2020?
562 061a4bf14d2e89077fd44ca4f
61a4bf14d2e89077fd44ca4f- 17685true
- 28020false
- 37832false
- 47680false
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Answer : 1. " 7685 "
Explanation :
The total number of notified commercial banks of all types in the state increased to 7685 in December 2020 from 7143 in December 2017.
Q: The ‘break-even point’ is where
562 0638f0f98d319b37ca1813bd2
638f0f98d319b37ca1813bd2- 1marginal revenue equals marginal costfalse
- 2average revenue equals average costtrue
- 3total revenue equals total costfalse
- 4None of thesefalse
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Answer : 2. "average revenue equals average cost"
Q: In India, which of the following statements about the National Investment Fund is true?
Statements:
I. It was created in 2005.
II. 75% of its annual income was to be used for schemes promoting health, education and employment.
III. It was dissolved in 2018.
559 064c3886c9e9013486a7a03bc
64c3886c9e9013486a7a03bcStatements:
I. It was created in 2005.
II. 75% of its annual income was to be used for schemes promoting health, education and employment.
III. It was dissolved in 2018.
- 1Only statement Ifalse
- 2Only statement IIfalse
- 3Only statements I and IIIfalse
- 4Only statements I and IItrue
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Answer : 4. "Only statements I and II"
Explanation :
All the statements about the National Investment Fund in India are true.
I. It was created in 2005.
II. 75% of its annual income was to be used for schemes promoting health, education and employment.
Q: Rural Employment Generation Programme (REGP) was launched in _____.
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641960a72b960e1a416a8c40- 11995true
- 21990false
- 31999false
- 41992false
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