Economics GK Questions Practice Question and Answer
8 Q: Whose annual publication is the World Development Report?
1115 06052efbd4999e13f2a6babad
6052efbd4999e13f2a6babad- 1I.M.F.false
- 2W.T.O.false
- 3I.B.R.Dtrue
- 4None of thesefalse
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Answer : 3. "I.B.R.D"
Q: In which district is the maximum number of industries operating in Rajasthan?
1113 061a4c5da92711a18d39577a0
61a4c5da92711a18d39577a0- 1Alwarfalse
- 2Jaipurtrue
- 3Jodhpurfalse
- 4Udaipurfalse
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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.
Q: In which district agriculture is done on maximum area?
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61a4c18492711a18d3956a15- 1barmertrue
- 2Rajsamandfalse
- 3Ganganagarfalse
- 4Chittorgarhfalse
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Answer : 1. " barmer"
Explanation :
The State of Rajasthan falls in the three Agroclimatic Zones, i.e. Zone–VI -Trans-Gangetic Plains region, Zone–VIII-Central Plateau and Hills region and Zone–Western Dry region.
Q: If the change in demand for a commodity is at a faster rate than change in the price of the commodity, the demand is
1066 0638f18639ebad6607ba1e9c3
638f18639ebad6607ba1e9c3- 1perfectly inelasticfalse
- 2elasticfalse
- 3perfectly elastictrue
- 4inelasticfalse
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Answer : 3. "perfectly elastic "
Q: When marginal utility is zero, the total utility is
1063 0638f0eef34f83f147296a590
638f0eef34f83f147296a590- 1Minimumfalse
- 2Increasingfalse
- 3Maximumtrue
- 4Decreasingfalse
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Answer : 3. "Maximum "
Q: The rate at which the central bank of any country borrows money from the commercial banks within its own territories is called:
1060 06572eaa4a1070fbf9bedd64b
6572eaa4a1070fbf9bedd64b- 1Primary Lending Ratefalse
- 2Reverse Repo Ratetrue
- 3Repo Ratefalse
- 4Secondary Lending Ratefalse
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Answer : 2. "Reverse Repo Rate"
Explanation :
The reverse repo rate is the rate at which the Reserve Bank of India borrows funds from commercial banks in the country. It is the rate at which commercial banks in India park their excess money with the Reserve Bank of India, usually for the short term.
Q: Which of the following is/are one of the United Nations Sustainable Development Goals?
(A) Zero Hunger
(B) Climate Action
(C) Life Below Water
(D) Quality Education
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649a9bb91a612ce001f65700- 1A, B, C and Dtrue
- 2A and Bfalse
- 3B and Cfalse
- 4A, C and Dfalse
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Answer : 1. "A, B, C and D"
Explanation :
All these are the main goals of the United Nations Sustainable Development Goals.
(A) Zero Hunger
(B) Climate Action
(C) Life Below Water
(D) Quality Education
Major goals of the UN Sustainable Development Goals:
1. Poverty Eradication: End extreme poverty for all people everywhere by 2030.
2. End hunger: Ensure food security and improved nutrition for all by 2030 and promote sustainable agriculture.
3. Health and Well-Being: To promote healthy lives and well-being for people of all ages.
4. Education for all: To ensure inclusive and equitable quality education for all by 2030.
5. Gender equality: Achieving gender equality and promoting the empowerment of women and girls.
6. Clean water and sanitation: Ensuring safe and accessible clean water and sanitation services for all.
Q: What was the number of bank offices/branches in Rajasthan till September 2020?
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61a4bf14d2e89077fd44ca4f- 17685true
- 28020false
- 37832false
- 47680false
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Answer : 1. " 7685 "
Explanation :
The total number of notified commercial banks of all types in the state increased to 7685 in December 2020 from 7143 in December 2017.

