Top 100 Indian Economics GK Questions
India has the highest agricultural area for which of the following crops?
(A) Wheat
(B) Cotton
(C) Pulses
(D) Rice
Correct Answer : D
What do you understand by closed economy?
(A) Import off
(B) Export stopped
(C) controlled capital
(D) Stop Import-Export
Correct Answer : D
Which state of India has the highest percentage of poor?
(A) Orissa
(B) Vihar
(C) Jharkhand
(D) Chhattisgarh
Correct Answer : C
In an economy, on what basis are sectors classified into public and private?
(A) Terms of employment
(B) Ownership of enterprises
(C) Use of raw materials
(D) None of these
Correct Answer : B
When was the National Nyadarshan established in the country?
(A) 1955
(B) 1965
(C) 1950
(D) 1952
Correct Answer : C
Who decides the Repo rate in India?
(A) Government of India
(B) Ministry of Finance
(C) Reserve bank of India
(D) None of these
Correct Answer : C
Explanation :
The repo rate is the rate at which the Reserve Bank of India borrows funds from commercial banks in the country. It is the rate at which commercial banks in India park their excess money with the Reserve Bank of India, usually for the short term.
Which of the following issued initial Public Offer no rins for Life Insurance?
(A) CRISIL
(B) SEBI
(C) RBI
(D) IRDA
Correct Answer : C
In which of the following banks, a person cannot open his account?
(A) Bank of India
(B) Urban Co-operative Bank
(C) Reserve Bank of India
(D) All these
Correct Answer : C
Who is called the bank of banks in India?
(A) Reserve Bank of India
(B) Bank of India
(C) State Bank of India
(D) All these
Correct Answer : A
Benefit from inflation?
(A) debtor
(B) Lender
(C) Saver
(D) Pension Recipients
Correct Answer : A
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Rajesh Bhatia
A Writer, Teacher and GK Expert. I am an M.A. & M.Ed. in English Literature and Political Science. I am highly keen and passionate about reading Indian History. Also, I like to mentor students about how to prepare for a competitive examination. Share your concerns with me by comment box. Also, you can ask anything at linkedin.com/in/rajesh-bhatia-7395a015b/.
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