Economics GK Practice Question and Answer

Q:

In which year liberal industrial policy was adopted in India?

1060 0

  • 1
    1945
    Correct
    Wrong
  • 2
    1975
    Correct
    Wrong
  • 3
    1991
    Correct
    Wrong
  • 4
    1980
    Correct
    Wrong
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Answer : 3. "1991"

Q:

Which one of the following Indian banks is not a nationalized bank?

1057 0

  • 1
    Dena Bank
    Correct
    Wrong
  • 2
    Federal Bank
    Correct
    Wrong
  • 3
    Corporation Bank
    Correct
    Wrong
  • 4
    Vijay Bank
    Correct
    Wrong
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Answer : 2. "Federal Bank"

Q:

A foreign currency which has a tendency to migrate soon is called?

1045 0

  • 1
    soft currency
    Correct
    Wrong
  • 2
    Savarna Mudra
    Correct
    Wrong
  • 3
    Hot money
    Correct
    Wrong
  • 4
    Rare currency
    Correct
    Wrong
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Answer : 3. "Hot money"

Q:

What is the rank of India in the world in fish production?

1038 0

  • 1
    2nd
    Correct
    Wrong
  • 2
    3rd
    Correct
    Wrong
  • 3
    4th
    Correct
    Wrong
  • 4
    5th
    Correct
    Wrong
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Answer : 2. "3rd"

Q:

India's rank among coal producing countries is?

1030 0

  • 1
    2nd
    Correct
    Wrong
  • 2
    3rd
    Correct
    Wrong
  • 3
    4th
    Correct
    Wrong
  • 4
    5th
    Correct
    Wrong
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Answer : 2. "3rd"

Q:

GNP differs from NNP due to 

1028 0

  • 1
    Interest on public debt
    Correct
    Wrong
  • 2
    depreciation
    Correct
    Wrong
  • 3
    net indirect taxes
    Correct
    Wrong
  • 4
    direct taxes
    Correct
    Wrong
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Answer : 2. "depreciation "

Q:

In which country was the consumer awareness movement started?

1023 0

  • 1
    China
    Correct
    Wrong
  • 2
    Japan
    Correct
    Wrong
  • 3
    England
    Correct
    Wrong
  • 4
    United States
    Correct
    Wrong
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Answer : 3. "England"

Q:

In which country was the declaration of consumer rights?

1019 0

  • 1
    China
    Correct
    Wrong
  • 2
    Japan
    Correct
    Wrong
  • 3
    England
    Correct
    Wrong
  • 4
    United States
    Correct
    Wrong
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Answer : 4. "United States"

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