Latest Economics GK Questions and Answers

Latest Economics GK Questions 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 :  

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 :  

India has stated it aims to reduce the emissions intensity of its GDP by 33-35% by 2030 from 2005 levels and achieve _______________ of its cumulative electric power of around 350GW installed capacity from non-fossil fuel-based energy resources, mainly renewable power.

(A) 20%

(B) 40%

(C) 50%

(D) 30%

(E) 10%


Correct Answer : B
Explanation :

India has said it aims to reduce the emissions intensity of its GDP by 33-35% by 2030 from 2005 levels, and achieve 40% of its cumulative electric power of around 350GW installed capacity from non-fossil fuel-based energy resources, mainly renewable power.


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 :  

Which of the following country is not included in the category of top-5 gold holder countries of the world?

(A) China

(B) America

(C) Germany

(D) Italy

(E) None of these


Correct Answer : A

Q :  

In which year was The Reserve Bank of India was established?

(A) 1950

(B) 1947

(C) 1935

(D) 1952


Correct Answer : C

Q :  

One of the problems of calculation of national income in India is

(A) Under-employment

(B) Inflation

(C) Low level of children

(D) Non-monetized consumption


Correct Answer : B

Q :  

The leading state in Cement production in India is-

(A) Andhra Pradesh

(B) Tamil Nadu

(C) Madhya Pradesh

(D) Rajasthan


Correct Answer : D

Q :  

Which Bank has launched its Multi Option Payment Acceptance Device (MOPAD) for digital payments?

(A) PNB

(B) SBI

(C) HDFC

(D) Yes Bank

(E) ICICI


Correct Answer : B

Q :  

Who among the following is associated as a head with the Highlevel Task Force on Public Credit Registry (PCR) formed by the Reserve Bank of India?

(A) S Venkitaraman

(B) G. Ambegaokar

(C) Yeshwant M. Deosthalee

(D) R S Gujral

(E) S R Rao


Correct Answer : C
Explanation :

High Level Task Force Report Summary Public Credit Registry for India. The Reserve Bank of India (RBI) had constituted a High Level Task Force (Chair: Mr. Y. M. Deosthalee) to assess the need and scope of setting up a Public Credit Registry in India.


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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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