Economics GK Practice Question and Answer

Q:

Which state of India has the highest percentage of poor?

1293 0

  • 1
    Orissa
    Correct
    Wrong
  • 2
    Vihar
    Correct
    Wrong
  • 3
    Jharkhand
    Correct
    Wrong
  • 4
    Chhattisgarh
    Correct
    Wrong
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Answer : 3. "Jharkhand"

Q:

Business comes under?

1291 0

  • 1
    Trade and Industry
    Correct
    Wrong
  • 2
    only trade
    Correct
    Wrong
  • 3
    Commerce and Industry
    Correct
    Wrong
  • 4
    trade, commerce and industry
    Correct
    Wrong
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Answer : 4. "trade, commerce and industry"

Q:

What is the difference between total expenditure and total receipts in the budget figures of the Government of India called?

1281 0

  • 1
    Fiscal deficit
    Correct
    Wrong
  • 2
    Revenue deficit
    Correct
    Wrong
  • 3
    Budgetary deficit
    Correct
    Wrong
  • 4
    Current deficit
    Correct
    Wrong
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Answer : 3. "Budgetary deficit"

Q:

India's position in the world in terms of bauxide resource is?

1281 0

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

Q:

Stagflation condition is?

1280 0

  • 1
    deadlock and recession
    Correct
    Wrong
  • 2
    stagnation and inflation
    Correct
    Wrong
  • 3
    deadlock and deflation
    Correct
    Wrong
  • 4
    none of these
    Correct
    Wrong
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Answer : 2. "stagnation and inflation"

Q:

Which of the following organization provides long term finance to industries?

1278 0

  • 1
    L.I.C
    Correct
    Wrong
  • 2
    G.I.C
    Correct
    Wrong
  • 3
    U.T.I
    Correct
    Wrong
  • 4
    All these
    Correct
    Wrong
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Answer : 4. "All these"

Q:

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

1278 0

  • 1
    4th
    Correct
    Wrong
  • 2
    5th
    Correct
    Wrong
  • 3
    6th
    Correct
    Wrong
  • 4
    7th
    Correct
    Wrong
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Answer : 3. "6th"

Q:

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

1277 0

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

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