Top 100 Indian Economics GK Questions
Who is called the forerunner of liberalization of Indian economy?
(A) P. Chidambaram
(B) Amartya Sen
(C) Dr. Manmohan Singh
(D) None of these
Correct Answer : C
When was the Bombay Stock Exchange established?
(A) 1890 A.D.
(B) 1865 A.D.
(C) 1875 A.D.
(D) 1881 A.D.
Correct Answer : C
Bank rate is the rate at which—
(A) A bank lends to the public.
(B) RBI lends to the public.
(C) RBI lends to commercial banks.
(D) Government of India lends to other countries.
Correct Answer : C
What percentage of the total central employees are employed in Indian Railways?
(A) 50 %
(B) 40 %
(C) 45 %
(D) 35 %
Correct Answer : B
Which of the following monetary policy instruments is used by the RBI to control inflation?
(A) Fiscal traction
(B) Austerity measures
(C) Repo rate
(D) Fiscal boost
Correct Answer : C
Excise duty on a commodity is payable with reference to its
(A) production , transportation and sale
(B) production
(C) production and sale
(D) production and transportation
Correct Answer : B
Knowledge, technical skill, education etc. in economics, are regarded as
(A) tangible physical capital
(B) working capital
(C) social-overhead capital
(D) human capital
Correct Answer : D
Which is the most essential function of an entrepreneur?
(A) Marketing
(B) Risk bearing
(C) Supervision
(D) Management
Correct Answer : B
Purchasing Power Parity theory is related with
(A) Wage rate
(B) Exchange rate
(C) Interest rate
(D) Bank rate
Correct Answer : B
PSW stands for
(A) Process status word
(B) Processor status word
(C) Program status word
(D) Primitive status word
Correct Answer : C
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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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