Top 100 Indian Economics GK Questions

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Top 100 Indian Economics GK Questions
Q :  

Which of the following cities will set up India’s first e-waste recycling unit?

(A) Lucknow

(B) Bhopal

(C) New Delhi

(D) Mumbai

(E) Chennai


Correct Answer : B

Q :  

Who among the following is associated as a head with the Highlevel Task Force on Public Credit Registry (PCR) formed by the Reserve Bank of India?

(A) S Venkitaraman

(B) G. Ambegaokar

(C) Yeshwant M. Deosthalee

(D) R S Gujral

(E) S R Rao


Correct Answer : C
Explanation :

High Level Task Force Report Summary Public Credit Registry for India. The Reserve Bank of India (RBI) had constituted a High Level Task Force (Chair: Mr. Y. M. Deosthalee) to assess the need and scope of setting up a Public Credit Registry in India.


Q :  

Which Bank has launched its Multi Option Payment Acceptance Device (MOPAD) for digital payments?

(A) PNB

(B) SBI

(C) HDFC

(D) Yes Bank

(E) ICICI


Correct Answer : B

Q :  

One of the problems of calculation of national income in India is

(A) Under-employment

(B) Inflation

(C) Low level of children

(D) Non-monetized consumption


Correct Answer : B

Q :  

The leading state in Cement production in India is-

(A) Andhra Pradesh

(B) Tamil Nadu

(C) Madhya Pradesh

(D) Rajasthan


Correct Answer : D

Q :  

Who among the following formulates the monetary policy in India?

(A) Finance Commission of India

(B) Reserve Bank of India

(C) NITI Aayog

(D) The Ministry of Statistics and Programme Implementation


Correct Answer : B

Q :  

Cause of Inflation is -

(A) Increase in money supply

(B) Fall in production

(C) Increases in money supply and fall in production

(D) Decrease in money supply and fall in production


Correct Answer : C

Q :  

Which of the following is not a state tax? 

(A) Wealth Tax

(B) Excise duty on liquor

(C) Sales Tax

(D) Professional Tax


Correct Answer : A

Q :  

Which is one of the factors of subsistence used to measure the Poverty Line in India?

(A) Equality

(B) Education

(C) Internet

(D) Transportation


Correct Answer : B

Q :  

According to law of supply, if everything is equal then an increase in price results in ________. 

(A) Decrease in quantity supplied

(B) Increase in quantity supplied

(C) Decrease in quantity demanded

(D) Increase in quantity demanded


Correct Answer : B

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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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