Economics GK Questions Practice Question and Answer
8 Q: Which of the following statements is/are correct about the neighbouring countries of India?
(A) India supported Maldives in 2022 with a grant of nearly $4 billion to support the dwindling economy.
(B) India has the highest GDP in dollar terms as compared to Sri Lanka, Bhutan and Bangladesh.
1322 064b525902dc867f593f60f89
64b525902dc867f593f60f89(A) India supported Maldives in 2022 with a grant of nearly $4 billion to support the dwindling economy.
(B) India has the highest GDP in dollar terms as compared to Sri Lanka, Bhutan and Bangladesh.
- 1Only Btrue
- 2Neither A nor Bfalse
- 3Only Afalse
- 4Both A and Bfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "Only B"
Explanation :
1. Only B is correct.
2. India has the highest GDP in dollar terms as compared to Sri Lanka, Bhutan and Bangladesh.
Q: What is the economy of Rajasthan based on?
1315 061a4c0156075564728116aa9
61a4c0156075564728116aa9- 1Agriculture Basedtrue
- 2based on industry Basedfalse
- 3Based on servicefalse
- 4None of thesefalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "Agriculture Based"
Explanation :
Rajasthan is a mineral-rich state and has a diversified economy having agriculture, mining and tourism as its main engines of growth.
Q: The Indian census is generally held every ______.
1303 064391a9506979810acdff03c
64391a9506979810acdff03c- 1tenth yeartrue
- 2fourth yearfalse
- 3fifth yearfalse
- 4seventh yearfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "tenth year "
Q: What do you understand by closed economy?
1290 06052f0aea01bc44789ad1a4b
6052f0aea01bc44789ad1a4b- 1Import offfalse
- 2Export stoppedfalse
- 3controlled capitalfalse
- 4Stop Import-Exporttrue
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 4. "Stop Import-Export"
Q: In which of the following the industrial policy of Rajasthan has not been formulated-
1280 061a4ca2d6075564728119746
61a4ca2d6075564728119746- 11978false
- 21991false
- 32015false
- 42020true
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 4. "2020"
Explanation :
The correct answer is 1998. Key Points Fourth Industrial Policy of Rajasthan- The fourth Industrial Policy was implemented in Rajasthan on 4 June 1998. The Fourth Industrial Policy was implemented during the tenure of Rajasthan Chief Minister Bhairon Singh Shekhawat. Important Points Rajasthan Industries Department- Establishment- 1949 Headquarters- Jaipur Sixth Industrial Policy of Rajasthan- The Sixth Industrial Policy was implemented in Rajasthan on 8 August 2015. The Sixth Industrial Policy was implemented during the tenure of Rajasthan Chief Minister Vasundhara Raje. Presently the Sixth Industrial Policy is going on in Rajasthan. Share on Whatsapp
Q: Central bank of our country is
1272 06266ce1de1e2a840c334873f
6266ce1de1e2a840c334873f- 1State Bank of Indiafalse
- 2Reserve Bank of Indiatrue
- 3Central Bank of Indiafalse
- 4Bank of Barodafalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "Reserve Bank of India "
Explanation :
1. The central bank of our country is the Reserve Bank of India.
2. It is the supreme bank of India and determines the monetary policy of the country.
3. RBI was established on April 1, 1935 under the Reserve Bank of India Act, 1934.
Q: Production function expresses
1270 0638f111a58400a550dc7fb8a
638f111a58400a550dc7fb8a- 1technological relationship between physical inputs and outputtrue
- 2financial relationship between physical inputs and outputfalse
- 3relationship between finance and technologyfalse
- 4relationship between factors of productionfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "technological relationship between physical inputs and output"
Q: In which district is the maximum number of industries operating in Rajasthan?
1257 061a4c5da92711a18d39577a0
61a4c5da92711a18d39577a0- 1Alwarfalse
- 2Jaipurtrue
- 3Jodhpurfalse
- 4Udaipurfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "Jaipur"
Explanation :
District Industries Centre: It is setup by the government of Rajasthan. There are 36 districts working in Rajasthan. There are 8 Industries sub-districts centres. This department caters to the need of Micro, Small, and Medium Enterprises (MSME). These centres work for the development of handloom, textiles, handicrafts, marketing and other work involving their development. Industrial Potential Survey was published by district industries centre. Its headquarters is in Jaipur.