Economics GK | Economics Questions and Answers for Competitive Exams

Today I am providing Economics GK questions and answers for competitive exams. You can easily get 2-3 marks with the help of Economics GK Questions and answers for Competitive Exams. This post on Economics GK Questions for Competitive Exams is very very important.
You should also check Basic Questions of General Awareness and Basic General Knowledge Questions for better practice of gk questions for competitive exams.
Here’s a blog of Economics GK Questions for Competitive Exams. As you know Economics GK questions and answers are a very useful topic for SSC and banking exams.
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Economics GK Questions
Q : Information, education and knowledge have become universal after the advent of which modern machine?
(A) Mobile phone
(B) Calculator
(C) Computer
(D) None of these
Correct Answer : C
Which country ranks first on the basis of capita on GDP?
(A) Luxembourg
(B) United States
(C) Qatar
(D) Others
Correct Answer : C
(A) TamilNadu
(B) Maharashatra
(C) Kerala
(D) Mumbai
Correct Answer : B
India is the major importer?
(A) Pulses
(B) Oilseeds
(C) Both of these
(D) None of these
Correct Answer : C
Where does commercial magazine commerce come from?
(A) New Delhi
(B) Kolkata
(C) New York
(D) Mumbai
Correct Answer : D
The National Rural Employment Guarantee Scheme is named after which great man?
(A) Rajiv Gandhi
(B) Mahatma Gandhi
(C) Indira Gandhi
(D) Jawaharlal Nehru
Correct Answer : B
When did the cooperative movement start in India?
(A) 1904
(B) 1907
(C) 1905
(D) 1920
Correct Answer : A
Who said that in the modern world, the industry is wearing minted garments?
(A) Crowther
(B) Trescott
(C) Pigu
(D) Marshall
Correct Answer : C
Who has defined the vicious cycle of poverty?
(A) Ragnar Nerks
(B) Prof. Fisher
(C) None of these
(D) Prof. Cannes
Correct Answer : A
What was the period of Teesa's terrible economic recession?
(A) 1920-30
(B) 1929-33
(C) 1918-25
(D) 1998-2009
Correct Answer : B