Economics GK Questions Practice Question and Answer

Q:

What is the name of the currency of Bangladesh?

4470 0

  • 1
    Rupee
    Correct
    Wrong
  • 2
    Dollar
    Correct
    Wrong
  • 3
    Taka
    Correct
    Wrong
  • 4
    Dinar
    Correct
    Wrong
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Answer : 3. "Taka"

Q:

Which currency is legally recognized in our country?

4047 0

  • 1
    Good money
    Correct
    Wrong
  • 2
    Credit-currency
    Correct
    Wrong
  • 3
    letter money
    Correct
    Wrong
  • 4
    Check
    Correct
    Wrong
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Answer : 3. "letter money"

Q:

Who said that debt is child of deposit and deposit is child of debt?

2982 0

  • 1
    Cannes
    Correct
    Wrong
  • 2
    Marshall
    Correct
    Wrong
  • 3
    Pigue
    Correct
    Wrong
  • 4
    Crowther
    Correct
    Wrong
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Answer : 1. "Cannes"

Q:

The study of factor pricing is alternatively called the theory of 

2496 0

  • 1
    functional distribution
    Correct
    Wrong
  • 2
    personal distribution
    Correct
    Wrong
  • 3
    Income distribution
    Correct
    Wrong
  • 4
    wealth distribution
    Correct
    Wrong
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Answer : 1. "functional distribution "

Q:

Value of Total Goods and Services produced in a country is its _____________ .

2117 0

  • 1
    Gross Domestic Product
    Correct
    Wrong
  • 2
    Gross Revenue Income
    Correct
    Wrong
  • 3
    Total Goods Revenue
    Correct
    Wrong
  • 4
    Total Income
    Correct
    Wrong
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Answer : 1. "Gross Domestic Product"

Q:

Which of the following countries has a mixed economy?

1394 0

  • 1
    America
    Correct
    Wrong
  • 2
    India
    Correct
    Wrong
  • 3
    China
    Correct
    Wrong
  • 4
    Russia
    Correct
    Wrong
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Answer : 2. "India"

Q:

Which metal is most used as currency?

1285 0

  • 1
    Iron
    Correct
    Wrong
  • 2
    Copper
    Correct
    Wrong
  • 3
    Brass
    Correct
    Wrong
  • 4
    Silver and Gold
    Correct
    Wrong
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Answer : 4. "Silver and Gold"

Q:

Under which crop is the maximum agricultural land in India?

1232 0

  • 1
    Rice
    Correct
    Wrong
  • 2
    Cotton
    Correct
    Wrong
  • 3
    Maize
    Correct
    Wrong
  • 4
    Wheat
    Correct
    Wrong
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Answer : 1. "Rice"

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