Economics GK Practice Question and Answer
8 Q: The apex organization of industrial finance in India is?
1307 060d315e464466567bd7559cc
60d315e464466567bd7559cc- 1I.C.I.C.Ifalse
- 2R.B.Ifalse
- 3I.F.C.Ifalse
- 4I.D.B.Itrue
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Answer : 4. "I.D.B.I"
Q: Which state has wet agriculture in India?
1303 060376b19cd43d04a8f4b739e
60376b19cd43d04a8f4b739e- 1Keralatrue
- 2Assamfalse
- 3Biharfalse
- 4Gujaratfalse
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Answer : 1. "Kerala"
Q: In which of the following banks, a person cannot open his account?
1297 06088f9ef06b39f63ea8ee107
6088f9ef06b39f63ea8ee107- 1Bank of Indiafalse
- 2Urban Co-operative Bankfalse
- 3Reserve Bank of Indiatrue
- 4All thesefalse
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Answer : 3. "Reserve Bank of India"
Q: In which year Kisan Credit Card Scheme was launched?
1277 061139d8688e0566940a6f0a0
61139d8688e0566940a6f0a0- 11990false
- 21950false
- 31998true
- 42000false
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Answer : 3. "1998"
Q: Where is the headquarter of Food and Agriculture Organization located?
1277 061139cdd88e0566940a6ec6b
61139cdd88e0566940a6ec6b- 1Rometrue
- 2Genevafalse
- 3Parisfalse
- 4none of thesefalse
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Answer : 1. "Rome"
Q: The oldest large industry of India is?
1252 0611392e6e60c1d4cec2678eb
611392e6e60c1d4cec2678eb- 1Cotton textile industrytrue
- 2Jute Industryfalse
- 3Paper Industryfalse
- 4Handicraft Industryfalse
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Answer : 1. "Cotton textile industry"
Q: Which of the following is considered a capital expense?
1252 064c3960f29beb3482a3bcc49
64c3960f29beb3482a3bcc49- 1Pensionfalse
- 2Payment of salariesfalse
- 3Subsidiesfalse
- 4Construction of school buildingstrue
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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.
Q: Which country is the largest consumer of gold in the world?
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60d3174d6cc0e73be00e4351- 1Japanfalse
- 2Indiatrue
- 3Russiafalse
- 4Francefalse
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