Latest and Important Economics GK Questions

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Latest and Important Economics GK Questions
Q :  

On which part 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

Q :  

During which five-year plan period was the Sahayata Club established in India?

(A) 2nd

(B) 3rd

(C) 4th

(D) 7th


Correct Answer : A

Q :  

The Modvat is related to?

(A) by trade tax

(B) Central Excise Tax

(C) Wealth tax

(D) from income tax


Correct Answer : A

Q :  

Does India get maximum tax income from?

(A) from income tax

(B) Central Excise

(C) Import duty

(D) Corporation tax


Correct Answer : D

Q :  

The largest item of expenditure in the budget of the federal government in recent years has been?

(A) Defense expenditure

(B) large production

(C) Capital Expenditure

(D) Payment of interest


Correct Answer : D

Q :  

When was a separate Department Planning and Development Department opened by the Government of India?

(A) 1944

(B) 1950

(C) 1974

(D) 1955


Correct Answer : A

Q :  

Economic planning is a subject?

(A) Union List

(B) not mentioned in any particular list

(C) Concurrent List

(D) State List


Correct Answer : C

Q :  

During which five-year plan the rate of economic growth did not exceed the target?

(A) 1st

(B) 2nd

(C) 5th

(D) 6th


Correct Answer : B

Q :  

The minimum support price for agricultural produce is announced?

(A) National Commission for Farmers

(B) Planning Commission

(C) Food Corporation of India

(D) Agricultural Costs and Prices Commission


Correct Answer : D

Q :  

Khadi and Village Industries Commission was established under which five-year plan?

(A) 1st

(B) 2nd

(C) 3rd

(D) 4th


Correct Answer : B

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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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