Economics GK Practice Question and Answer

Q:

Which of the following is NOT a public sector insurance company?

1022 0

  • 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

Q:

Benefit from inflation?

1019 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?

1006 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"

Q:

Who assesses the national income numbers in India?

1004 0

  • 1
    Planning Commission Ministry of Finance
    Correct
    Wrong
  • 2
    Central Statistical Organization
    Correct
    Wrong
  • 3
    Reserve Bank of India
    Correct
    Wrong
  • 4
    Reserve Bank of India
    Correct
    Wrong
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Answer : 2. "Central Statistical Organization"

Q:

What is the process of constantly increasing prices?

996 0

  • 1
    Inflation
    Correct
    Wrong
  • 2
    over production
    Correct
    Wrong
  • 3
    Mandi
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 1. "Inflation"

Q:

When was the first agricultural census conducted?

996 0

  • 1
    1948
    Correct
    Wrong
  • 2
    1990
    Correct
    Wrong
  • 3
    1976
    Correct
    Wrong
  • 4
    1970
    Correct
    Wrong
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Answer : 4. "1970"

Q:

In which year the right to service was imposed in Bihar?

996 0

  • 1
    2011
    Correct
    Wrong
  • 2
    2012
    Correct
    Wrong
  • 3
    1980
    Correct
    Wrong
  • 4
    1999
    Correct
    Wrong
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Answer : 1. "2011"

Q:

In view of which of the following are cottage and small scale industries necessary in the Indian economy?

984 0

  • 1
    employment generation
    Correct
    Wrong
  • 2
    Income Generation
    Correct
    Wrong
  • 3
    low cost
    Correct
    Wrong
  • 4
    none of these
    Correct
    Wrong
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Answer : 1. "employment generation"

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