Economics GK Practice Question and Answer

Q:

NIFTY is a price index of which of the following stock market?

1128 0

  • 1
    C.S.E
    Correct
    Wrong
  • 2
    N.S.E
    Correct
    Wrong
  • 3
    D.S.E
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 2. "N.S.E"

Q:

Business comes under?

1122 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:

When is National Consumer Day celebrated in India?

1121 0

  • 1
    24 December
    Correct
    Wrong
  • 2
    1 March
    Correct
    Wrong
  • 3
    10 April
    Correct
    Wrong
  • 4
    10 December
    Correct
    Wrong
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Answer : 1. "24 December"

Q:

When was the Life Insurance Corporation of India established?

1120 0

  • 1
    1960
    Correct
    Wrong
  • 2
    1980
    Correct
    Wrong
  • 3
    1956
    Correct
    Wrong
  • 4
    1975
    Correct
    Wrong
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Answer : 3. "1956"

Q:

What is the rank of India in the world in terms of rice export?

1114 0

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

Q:

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

1106 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:

The largest producer of wheat in India is the state?

1097 0

  • 1
    Madhya Pradesh
    Correct
    Wrong
  • 2
    Haryana
    Correct
    Wrong
  • 3
    Andhra Pradesh
    Correct
    Wrong
  • 4
    Uttar Pradesh
    Correct
    Wrong
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Answer : 4. "Uttar Pradesh"

Q:

India is ranked on the basis of GDP?

1095 0

  • 1
    5
    Correct
    Wrong
  • 2
    3
    Correct
    Wrong
  • 3
    7
    Correct
    Wrong
  • 4
    13
    Correct
    Wrong
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Answer : 3. "7"

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