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Welcome to our blog on Indian Economy General Knowledge (GK) questions tailored for SSC Exams! This comprehensive guide is designed to equip aspirants with crucial insights into the Indian economy, encompassing topics such as economic policies, growth indicators, budgetary allocations, and key economic reforms.

4 days ago 122 Views
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Welcome to our Economics GK Quiz for Competitive Exams blog! Whether you're preparing for government job tests, banking exams, or any other competitive assessments, our Economics GK Quiz blog is your go-to resource for mastering economics general knowledge.

2 weeks ago 204 Views
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The "Common GK Quiz and Answers for Competitive Exams" blog is a valuable resource designed to aid aspirants in preparing for various competitive exams. It offers a comprehensive collection of general knowledge quizzes and answers, covering a wide range of topics from history and geography to science and current affairs.

3 weeks ago 255 Views
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Welcome to the GK Questions and Answers for Bank Exams blog! This dedicated platform is your ultimate resource for mastering general knowledge and current affairs, crucial for acing bank exams like IBPS, SBI, RBI, and more.

3 weeks ago 236 Views
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Welcome to our Indian Economics GK Quiz with Answers blog, where we unravel the complexities of India's economic landscape through engaging quizzes! Test your knowledge on topics ranging from macroeconomics to fiscal policies, and learn fascinating facts about India's growth trajectory, monetary systems, and global trade dynamics.

Last month 308 Views
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Welcome to our Indian Economics GK Quiz, tailored for competitive exam aspirants! Dive into a world of economic principles, policies, and key figures that shape India's financial landscape. Test your knowledge and sharpen your understanding of topics ranging from fiscal policies to market dynamics.

2 months ago 381 Views
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Welcome to our comprehensive blog dedicated to Common General Knowledge Questions and Answers for Competitive Exams! In today's fast-paced world, success in competitive exams often hinges on one's ability to grasp a wide array of general knowledge topics.

3 months ago 917 Views
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Most Popular Articles

Recently Added Questions

  • 1
    Government borrowings
    Correct
    Wrong
  • 2
    Depreciation
    Correct
    Wrong
  • 3
    Foreign exchange
    Correct
    Wrong
  • 4
    Inflation
    Correct
    Wrong
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Answer : 4
Inflation

Explanation :

As per Indian practices of national accounting, nominal gross domestic product (GDP) is inflation-adjusted to arrive at real GDP.

  • 1
    Insurance sector
    Correct
    Wrong
  • 2
    Automobile sector
    Correct
    Wrong
  • 3
    Banking sector
    Correct
    Wrong
  • 4
    Sugar sector
    Correct
    Wrong
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Answer : 3
Banking sector

Explanation :

The full name of CIBIL is Credit Information Bureau India Limited. It is a credit information company, which maintains records of all credit related activities of individuals and organizations. Banks, non-banking finance companies and other financial institutions submit customer credit information to the bureaus.

  • 1
    Pension  
    Correct
    Wrong
  • 2
    Payment of salaries  
    Correct
    Wrong
  • 3
    Subsidies
    Correct
    Wrong
  • 4
    Construction of school buildings
    Correct
    Wrong
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Answer : 4
Construction of school buildings

Explanation :

1. Capital expenditure is money spent by the government on the development of machinery, equipment, buildings, health facilities, education etc.

2. It also includes expenditure by the government on the acquisition of fixed assets like land and investments which give future profits or dividends.

3. Creation of assets as well as repayment of loans is also capital expenditure, as it reduces liability.

  • 1
    2011-12
    Correct
    Wrong
  • 2
    2013-14
    Correct
    Wrong
  • 3
    2005-06
    Correct
    Wrong
  • 4
    2009-10
    Correct
    Wrong
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Answer : 1
2011-12

Explanation :

1. From January 2015, as per the recommendations of the National Statistical Commission, the GDP in India The base year of the (GDP) series was revised from 2004-05 to 2011-12.

  • 1
    United India Insurance Company Limited
    Correct
    Wrong
  • 2
    The New India Assurance Company Limited
    Correct
    Wrong
  • 3
    SBI Life Insurance
    Correct
    Wrong
  • 4
    General Insurance Corporation of India
    Correct
    Wrong
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Answer : 3
SBI Life Insurance

Explanation :

There are public sector insurance companies.

1. United India Insurance Company Limited

2. The New India Assurance Company Limited

3. General Insurance Corporation of India

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