Economics GK Practice Question and Answer

Q:

Who has the absolute right to issue paper note currency in India?

1471 0

  • 1
    Urban Co-operative Bank
    Correct
    Wrong
  • 2
    Bank of India
    Correct
    Wrong
  • 3
    Finance Commission
    Correct
    Wrong
  • 4
    Reserve Bank
    Correct
    Wrong
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Answer : 4. "Reserve Bank"

Q:

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

1467 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:

In which year the new currency Euro was introduced?

1465 0

  • 1
    1997
    Correct
    Wrong
  • 2
    1998
    Correct
    Wrong
  • 3
    1999
    Correct
    Wrong
  • 4
    2001
    Correct
    Wrong
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Answer : 3. "1999"

Q:

Who is the body regulating stock exchanges in India?

1462 0

  • 1
    N.S.E
    Correct
    Wrong
  • 2
    S.E.B.I
    Correct
    Wrong
  • 3
    R.B.I.
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 2. "S.E.B.I"

Q:

Business comes under?

1457 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:

How much of India's population is dependent on agricultural industry?

1451 0

  • 1
    60%
    Correct
    Wrong
  • 2
    70%
    Correct
    Wrong
  • 3
    58.9%
    Correct
    Wrong
  • 4
    Others
    Correct
    Wrong
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Answer : 3. "58.9%"

Q:

Out of the gross area of crops in India, the area of food grains is?

1432 0

  • 1
    60-65%
    Correct
    Wrong
  • 2
    more than 70%
    Correct
    Wrong
  • 3
    more than 50%
    Correct
    Wrong
  • 4
    58%
    Correct
    Wrong
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Answer : 2. "more than 70%"

Q:

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

1431 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"

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