Indian Economics GK Questions and Answers
To whom was the Gyan Prakash Committee related?
(A) Industrial sickness
(B) Share scam
(C) Sugar scam
(D) Fodder Scam
Correct Answer : C
Under which five-year plan was the Khadi and Village Industries Commission established?
(A) 1st
(B) 2nd
(C) 3rd
(D) 4th
Correct Answer : B
Which part of the maximum outlay was made in the Second Five Year Plan?
(A) Industry
(B) Transport and Communication
(C) Energy
(D) Heavy Industries
Correct Answer : B
Who are the following economists who first supported the concept of the rolling plan for developing countries?
(A) Paul A. Samuelson
(B) Gunnar Myrdal
(C) J. K. Mehta
(D) none of these
Correct Answer : B
The total number of years covered in any five-year plan since the beginning of the plan in India is?
(A) 3
(B) 5
(C) 6
(D) 7
Correct Answer : C
In which year was the report of the National Planning Committee published?
(A) 1938
(B) 1988
(C) 1949
(D) 1955
Correct Answer : C
What is related to the recommendations of the Kelkar Test Force?
(A) Foreign investment
(B) banking
(C) taxes
(D) trade
Correct Answer : C
Which is the most important item of non-plan expenditure?
(A) Defense
(B) Fertilizer Subsidy
(C) interest payment
(D) none of these
Correct Answer : C
Revised Value Added Tax is related to?
(A) wealth tax
(B) Excise Duty
(C) Income Tax
(D) Sales Tax
Correct Answer : B
Largest producer of cellphones in the world is the country?
(A) China
(B) America
(C) France
(D) India
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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