Economics GK Practice Question and Answer

Q:

The largest producer of cellphones in the world is the country?

1193 0

  • 1
    China
    Correct
    Wrong
  • 2
    America
    Correct
    Wrong
  • 3
    France
    Correct
    Wrong
  • 4
    India
    Correct
    Wrong
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Answer : 1. "China"

Q:

In which country was the declaration of consumer rights?

1191 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"

Q:

Issues currency notes in India?

1187 0

  • 1
    Urban Co-operative Bank
    Correct
    Wrong
  • 2
    Reserve Bank of India
    Correct
    Wrong
  • 3
    Ministry of Finance
    Correct
    Wrong
  • 4
    Finance Secretary
    Correct
    Wrong
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Answer : 2. "Reserve Bank of India"

Q:

To which of the following sectors of the economy do Basel III norms belong?

1169 0

  • 1
    Banking
    Correct
    Wrong
  • 2
    Capital market
    Correct
    Wrong
  • 3
    Automobile
    Correct
    Wrong
  • 4
    Aviation
    Correct
    Wrong
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Answer : 1. "Banking"
Explanation :

1. The Basel norms are international banking rules to strengthen the international banking system.

2. It is in the form of an agreement by the Basel Committee on Banking Supervision which mainly focuses on the risks to banks and the financial system.

Q:

Which is the financial year from which disinvestment in public enterprises started?

1164 0

  • 1
    1970-1971
    Correct
    Wrong
  • 2
    1991-1992
    Correct
    Wrong
  • 3
    1994-1995
    Correct
    Wrong
  • 4
    none of these
    Correct
    Wrong
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Answer : 2. "1991-1992"

Q:

When was the Human Rights Commission established?

1156 0

  • 1
    1993
    Correct
    Wrong
  • 2
    1994
    Correct
    Wrong
  • 3
    1995
    Correct
    Wrong
  • 4
    2005
    Correct
    Wrong
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Answer : 1. "1993"

Q:

Benefit from inflation?

1139 0

  • 1
    debtor
    Correct
    Wrong
  • 2
    Lender
    Correct
    Wrong
  • 3
    Saver
    Correct
    Wrong
  • 4
    Pension Recipients
    Correct
    Wrong
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Answer : 1. "debtor"

Q:

Which state has maximum production of large cardamom in India?

1135 0

  • 1
    Sikkim
    Correct
    Wrong
  • 2
    Meghalaya
    Correct
    Wrong
  • 3
    Assam
    Correct
    Wrong
  • 4
    Arunachal Pradesh
    Correct
    Wrong
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Answer : 1. "Sikkim"

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