Indian Economy GK Quiz and Answers

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Indian Economy GK Quiz and Answers
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 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 :  

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 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 :  

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 :  

FEMA (Foreign Exchange Management Act) was finally implemented in the year_____.

(A) 1991

(B) 1997

(C) 2002

(D) 2007


Correct Answer : C
Explanation :

Foreign Exchange Management Act, 1999 (FEMA) came into force by an act of Parliament. It was enacted on 29 December 1999.


Q :  

The Micro, Small and Medium Enterprises Development Act was passed in the year ____.    

(A) 2002

(B) 2006

(C) 2004

(D) 2008


Correct Answer : B
Explanation :

Notification for enforcement of MSME Act, 2006, The Provisions of the Micro, Small and Medium Enterprises Development Act, 2006 (27 of 2006) shall come into force from 2nd October, 2006.


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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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