Top 50 Indian Economics GK Questions
Explore your knowledge of the Indian Economy and Economics GK by solving questions and answers provided below within the article. In the majority of styles of competitive exams; questions that supported the Indian Economy are asked. Here, we've got compiled quite questions on the various sections of the Indian Economy and Economics GK that will be very useful for every kind of competitive exams like UPSC, PSC, SSC, CDS, and others.
Economics GK Questions
Here, we are providing Top 50 Indian Economy GK Quiz Questions and Answers related to competitive exams, with the help of which you can check your performance with right and wrong answers by solving Indian Economy GK questions at your level and checking your result. After that, you can also know about your status in the competitive exam.
Students can easily get free General Knowledge Mock Test and Current Affairs Mock Test on this platform for online exam practice to obtain good marks in the competitive exams.
Top 50 Indian Economics GK Questions
Q : How many banks were nationalized in 1969?
(A) 16
(B) 14
(C) 15
(D) 20
Correct Answer : B
In India, inflation measured by the
(A) Wholesale Price Index number
(B) Consumers Price Index for urban non-manual workers
(C) Consumers Price Index for agricultural workers
(D) National Income Deflation
Correct Answer : A
The average rate of domestic savings (gross) for the Indian economy is currently estimated to be in the range of
(A) 15 to 20 percent
(B) 20 to 25 percent
(C) 25 to 30 percent
(D) 30 to 35 percent
Correct Answer : B
National expenditure includes
(A) consumption expenditure
(B) investment expenditure
(C) government expenditure
(D) All of the above
Correct Answer : D
The apex body for formulating plans and coordinating research work in agriculture and allied fields is
(A) State Trading Corporation
(B) Regional Rural Banks
(C) National Bank for Agriculture and Rural Development (NABARD)
(D) Indian Council of Agricultural Research
Correct Answer : D
Ex-officio secretary of the National Development Council is?
(A) Secretary General of the Lok Sabha
(B) Secretary of the Planning Commission
(C) Secretary of the Ministry of Finance
(D) none of these
Correct Answer : B
Who is the largest producer of cellphones in the world is the country?
(A) China
(B) America
(C) France
(D) India
Correct Answer : A
The most important item of non-plan expenditure is?
(A) Defense
(B) Fertilizer Subsidy
(C) interest payment
(D) none of these
Correct Answer : C
In India, the first bank of limited liability managed by Indians and founded in 1881 was
(A) Hindustan Commercial Bank
(B) Oudh Commercial Bank
(C) Punjab National Bank
(D) Punjab and Sind Bank
Correct Answer : B
The annual yield from which of the following Union Government taxes is the highest?
(A) Custom duties
(B) Corporation tax and income tax
(C) Inheritance tax, wealth tax, interest tax and gift tax
(D) Excise duties
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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