Indian Economic GK Questions and Answers
Which state has the highest Human Development Index (HDI) in India?
(A) Gujarat
(B) Kerala
(C) Tamil Nadu
(D) Maharashtra
Correct Answer : B
What is the purpose of economic activities? Both
(A) Livelihood
(B) Entertainment
(C) A) and (B)
(D) None of these
Correct Answer : A
What are the different grounds for explaining economic development?
(A) Gross National Product
(B) per capita income
(C) Basis of economic welfare
(D) All of these
Correct Answer : D
Which economist prepared the first human development index?
(A) Prof. Amartya Sen
(B) Mehboob-ul-Haq
(C) Dr. Manmohan Singh
(D) None of these
Correct Answer : B
In Economics, buying an asset in one market and simultaneously selling an identical asset in another market at a higher price is termed as ____________.
(A) Depreciation
(B) Mortgage
(C) Devaluation
(D) Arbitrage
Correct Answer : D
At present, what kind of unemployment problem remains a very serious problem in the country?
(A) Rural unemployment
(B) Urban unemployment
(C) Educated unemployment
(D) Open unemployment
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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