Top 50 Economics GK Questions

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Top 50 Economics GK Questions
Q :  

What is the rank of India in the world in terms of potato production?

(A) 1st

(B) 3rd

(C) 5th

(D) 8th


Correct Answer : C

Q :  

Who was the founder of Bank of Baroda?

(A) Maharaja Sayajirao II

(B) Maharaja Bajirao-III

(C) P. karamchandra

(D) Maharaj Chhatrasal

(E) None of these


Correct Answer : B
Explanation :

The Maharaja of Baroda, Maharaja Sayajirao Gaekwad III, founded Bank of Baroda on 20 July 1908 in the Princely State of Baroda, in Gujarat. This year, it's our 116th Foundation Day, and we've so many reasons to celebrate and cherish our journey so far.


Q :  

The first bank to open its branch outside India in London in 1946

(A) Bank of India

(B) Canara Bank

(C) Imperial Bank of India

(D) Central Bank of India

(E) None of these


Correct Answer : A
Explanation :

The first Indian bank to open a branch outside India was the Bank of India. It established its first overseas branch in London in 1946.


Q :  

Which of the following country is not included in the category of top-5 gold holder countries of the world?

(A) China

(B) America

(C) Germany

(D) Italy

(E) None of these


Correct Answer : A

Q :  

Inflation can be stopped by which of the following?

(A) direct savings budget

(B) cut in government expenditure

(C) Increase in taxation

(D) All these


Correct Answer : D

Q :  

The state of India which contributes the maximum in the production of food grains?

(A) Punjab

(B) Uttar Pradesh

(C) Maharashtra

(D) Haryana


Correct Answer : B

Q :  

How many public sector undertakings are in the category of Navratnas?

(A) 5

(B) 11

(C) 8

(D) 18


Correct Answer : D

Q :  

When was the first industrial policy announced in India?

(A) 1st April 1942

(B) 8 April 1951

(C) 6th April 1948

(D) 1st April 1955


Correct Answer : C

Q :  

Nepanagar in Madhya Pradesh is famous for?

(A) Textile Industry

(B) Vegetable Industry

(C) Hosiery Industry

(D) Newsprint Industry


Correct Answer : D

Q :  

Promotion of multinational companies in India is to be promoted?

(A) privatization policy

(B) Liberalization Policy

(C) Globalization Policy

(D) All these


Correct Answer : D

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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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