Economics GK Practice Question and Answer
8 Q: With whose cooperation was the Durgapur Steel Plant established?
1445 060d3170964466567bd755c5a
60d3170964466567bd755c5a- 1Germanyfalse
- 2Great Britaintrue
- 3Russiafalse
- 4Francefalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "Great Britain"
Q: Which of the following is considered a capital expense?
1411 064c3960f29beb3482a3bcc49
64c3960f29beb3482a3bcc49- 1Pensionfalse
- 2Payment of salariesfalse
- 3Subsidiesfalse
- 4Construction of school buildingstrue
- Show AnswerHide Answer
- Workspace
- SingleChoice
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.
Q: In which of the following banks, a person cannot open his account?
1410 06088f9ef06b39f63ea8ee107
6088f9ef06b39f63ea8ee107- 1Bank of Indiafalse
- 2Urban Co-operative Bankfalse
- 3Reserve Bank of Indiatrue
- 4All thesefalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "Reserve Bank of India"
Q: Where is the headquarter of Food and Agriculture Organization located?
1401 061139cdd88e0566940a6ec6b
61139cdd88e0566940a6ec6b- 1Rometrue
- 2Genevafalse
- 3Parisfalse
- 4none of thesefalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "Rome"
Q: In which year Kisan Credit Card Scheme was launched?
1394 061139d8688e0566940a6f0a0
61139d8688e0566940a6f0a0- 11990false
- 21950false
- 31998true
- 42000false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "1998"
Q: Which state has wet agriculture in India?
1388 060376b19cd43d04a8f4b739e
60376b19cd43d04a8f4b739e- 1Keralatrue
- 2Assamfalse
- 3Biharfalse
- 4Gujaratfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "Kerala"
Q: Which country is the largest consumer of gold in the world?
1380 060d3174d6cc0e73be00e4351
60d3174d6cc0e73be00e4351- 1Japanfalse
- 2Indiatrue
- 3Russiafalse
- 4Francefalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "India"
Q: Which of the following is the most dynamic factor of production?
1376 060d3150b025df84f0791cd45
60d3150b025df84f0791cd45- 1Capitaltrue
- 2Organizationfalse
- 3landfalse
- 4Laborfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice