Economics GK Questions and Answers for Competitive Exams

Economics GK Questions and Answers for Competitive Exams
Q :  

Dhirubhai Ambani Solar Park is a 40-megawatt (MW AC) photovoltaic power station in-

(A) Rajasthan

(B) Gujarat

(C) Maharashtra

(D) Kerala

(E) West Bengal


Correct Answer : A
Explanation :

The Dhirubhai Ambani Solar Park at Dhursar village near Pokhran in the Jaisalmer district of Rajasthan is a 40 megawatt (MWAC) photovoltaic power station, set up in 129 days and commissioned in 2012.


Q :  

India has stated it aims to reduce the emissions intensity of its GDP by 33-35% by 2030 from 2005 levels and achieve _______________ of its cumulative electric power of around 350GW installed capacity from non-fossil fuel-based energy resources, mainly renewable power.

(A) 20%

(B) 40%

(C) 50%

(D) 30%

(E) 10%


Correct Answer : B
Explanation :

India has said it aims to reduce the emissions intensity of its GDP by 33-35% by 2030 from 2005 levels, and achieve 40% of its cumulative electric power of around 350GW installed capacity from non-fossil fuel-based energy resources, mainly renewable power.


Q :  

Which of the following ministry has Launched Mobile Application “ Jan Dhan Darshak” as A Part of Financial Inclusion?

(A) Finance Ministry

(B) Ministry of Consumer Affairs, Food and Public Distribution

(C) Ministry of Human Resource Development

(D) Ministry of Parliamentary Affairs

(E) Ministry of Commerce and Industry


Correct Answer : A
Explanation :

Department of Financial Services (DFS), Ministry of Finance and National Informatics Centre (NIC) has jointly developed a mobile app called Jan Dhan Darshak as a part of financial inclusion (FI) initiative .


Q :  

Which of the following banks will allow its customers to make card-less cash withdrawals at over 100000 ATMs across India?

(A) Bank of Baroda

(B) ICICI Bank

(C) AU Small Finance Bank

(D) State Bank of India

(E) Airtel Payments Bank


Correct Answer : E
Explanation :

Airtel Payments Bank offers card-less cash withdrawal facility at select ATMs. "The facility is currently available for Airtel Payments Bank account holders at over 20,000 IMT-enabled ATMs in India and will cover more than 100,000 ATMs by the end of 2018," said Airtel.


Q :  

India successfully test-fires 1st all weather tracked-chassis QR-SAM, here what is QR stands for?

(A) Quick Range

(B) Quick Reaction

(C) Quick Response

(D) Quick Reach

(E) Quick Run


Correct Answer : B
Explanation :

Quick Reaction Surface to Air Missile system. The flight-tests were carried out against high-speed aerial targets mimicking various types of threats to evaluate the capability of the weapon systems under different scenarios, according to a release by ministry of defence.


Q :  

Which of the following place India‘s first lithium-ion battery facility?

(A) Andhra Pradesh

(B) Maharashtra

(C) Gujarat

(D) Telangana

(E) Tamil Nadu


Correct Answer : A
Explanation :

he Minister of State for Electronics and Information Technology, Rajeev Chandrasekhar has launched the pre-production run of India's first lithium cell manufacturing facility at Tirupati, Andhra Pradesh.


Q :  

Amazon Ties up with which of the following company to Launch Deep Learning Platform?

(A) Facebook

(B) Microsoft

(C) IBM

(D) Wipro

(E) Google


Correct Answer : B
Explanation :

Amazon has introduced new AI tools, the name of this service is Amazon Bedrock. It was announced by the company in April, about which information was revealed that it will help in developing different ranges of AI apps. With this, the company wants to compete with Google and Microsoft.


Q :  

Which of the following companies has partnered with Indian Railways to ship items on more than 110 intercity routes?

(A) Google India

(B) Infosys

(C) Flipkart Logistics

(D) TCS

(E) Wipro


Correct Answer : C
Explanation :

The company that has partnered with Indian Railways to send goods on more than 110 intercity routes is the logistics arm of Indian e-commerce company Flipkart, called "Flipkart Logistics".


Q :  

Which e-commerce company has introduced ‘ anti-theft‘ packaging for the first time in India?

(A) Flipkart

(B) Amazon

(C) ebay

(D) Snapdeal

(E) Alibaba


Correct Answer : A
Explanation :

E-commerce major Flipkart on Tuesday said it has developed India's first 'anti-theft' packaging to secure goods from in-transit theft and tampering.


Q :  

In which year was The Reserve Bank of India was established?

(A) 1950

(B) 1947

(C) 1935

(D) 1952


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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