General Economics Questions and Answers for SSC Exam

General Economics Questions and Answers for SSC Exam
Q :  

Who has the maximum contribution to the national income of India?

(A) Primary sector

(B) Secondary Sector

(C) Tertiary Sector

(D) Equal to all


Correct Answer : C

Q :  

Which is the government agency responsible for estimating national income in India?

(A) Indian Statistical Organization

(B) Central Statistical Organization

(C) Organization Reserve Bank of India

(D) None of these


Correct Answer : B

Q :  

Is the poor save more than the rich?

(A) a relatively large part of his income

(B) of his entire income

(C) a relatively small part of his income

(D) an equal share of his income


Correct Answer : C

Q :  

Where is the commercial magazine 'Vaniyaal' published?

(A) New Delhi

(B) Kolkata

(C) New York

(D) Mumbai


Correct Answer : D

Q :  

Is there a committee related to industrial sickness?

(A) Goswami Committee

(B) Tiwari Committee

(C) both of the above

(D) none of these


Correct Answer : C

Q :  

In which year the International Finance Corporation was established?

(A) 1957

(B) 1956

(C) 1955

(D) 1954


Correct Answer : B

Q :  

If an increase in the price of one commodity leads to a decrease in the demand for another commodity, then what will the commodity be called?

(A) competitor

(B) assistant

(C) complimentary

(D) complementary


Correct Answer : C

Q :  

Which of the following crops is grown in India more than in all the other countries?

(A) Wheat

(B) Cotton

(C) Sugarcane

(D) Rice


Correct Answer : C

Q :  

Which crop is the maximum agricultural land in India?

(A) Rice

(B) Cotton

(C) Maize

(D) Wheat


Correct Answer : A

Q :  

The country is the largest producer of coarse cereals in the world.

(A) India

(B) Japan

(C) Russia

(D) China


Correct Answer : A

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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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