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Economy General knowledge (GK) Quiz
Question 1 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER] |
Individuals who come up with a new idea for a good or service, then they make it a reality [(ESE)Engineering Services Exam -1986]
resource | |
human resources | |
consumer | |
entrepreneur |
Question 2 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER] |
Most of the workers in ..... sector enjoy job security. [(JKCET)Jammu & Kashmir Common Entrance Test-1998]
Organised | |
Private | |
Unorganised | |
Public |
Question 3 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER] |
Full form of GDP [(RPE)Rajasthan Polytechnic Exam-2001]
Growth Development Index | |
Gross Domestic Product | |
Both A and B | |
None of these |
Question 4 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER] |
Which of the following was the main features of Indian economy on the eve of independence? [(BITSAT)Birla Institute of Technology and Science Admission Test-1983]
Semi-feudal economy | |
Urbanized economy | |
Industrial economy | |
All of these |
Question 5 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER] |
National Income in India is estimated by:- [(SET)Symbiosis Entrance Test-1995]
Planning Commission | |
Reserve Bank of India | |
Finance Ministry | |
Central Statistical Organization |
Question 6 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER] |
The Ganga river between .....and Haldia is national waterway 1 [(DPU AIBTCET)DY Patil Vidyapeeth All India Biotechnology CommonEntrance Test -2012]
Allahabad | |
Sadiya | |
Dhubri | |
None of the above |
Question 7 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER] |
Till which time period, production was organised within the countries? [(GCET)Goa Common Entrance Test-2011]
Middle of twentieth century | |
End of twentieth century | |
Starting of twentieth century | |
Till nineteenth century |
Question 8 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER] |
With 'Green Revolution', India could increased manifold the production of which commodity? [(UPTET)Uttar Pradesh Teacher Eligibility Test-1983]
Milk | |
Fish | |
Foodgrains | |
Iron |
Question 9 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER] |
GDP I is the sum of [(JEECUP)Uttar Pradesh Joint Entrance Examination (Polytechnic)-2022]
All the goods and services produced in a year | |
All the final goods and services produced in a year | |
All the intermediate goods produced in a year | |
all the services produced in a year |
Question 10 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER] |
..... Industry was affected the most due to partition of India. [(KEAM)Kerala Engineering Architecture Medical Entrance Exam-2020]
Cotton | |
Jute | |
Steel | |
Automobile |
Question 11 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER] |
If tax is imposed on Chinese toys, what will happen? [(NEET)National Eligibility and Entrance Test-2001]
Chinese toy-makers will benefit | |
Indian toy-makers will prosper | |
Chinese toys will remain cheap | |
Indian consumers will buy more Chinese toys |
Question 12 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER] |
Which is tha following is tha Banker of Banks? [(UPES DAT)University of Petroleum and Energy Studies Design Aptitude Test -1996]
IDBI | |
SBI | |
RBI | |
SBI and RBI |
Question 13 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER] |
Service is both [(TNEA)Tamil Nadu Engineering Admissions-2016]
tangible | |
intangible | |
physical product | |
both 1 and 2 |
Question 14 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER] |
Even after few years of independence India was importing food gains from ..... [(MPPSC)Madhya Pradesh Public Service Commission-2021]
Russia | |
US | |
UK | |
France |
Question 15 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER] |
Who among the following took attempts to calculate national income of India on the eve of independence? [(AKNUCET)Adikavi Nannaya University Common Entrance Test-1997]
Dadabhai Naoroji | |
VKRV Rao | |
Findlay Shirras | |
All of the above |
Question 16 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER] |
Indian economy is more appropriately described as ..... economy. [(BHU PET)Banaras Hindu University Postgraduate Entrance Test -1981]
Capitalist | |
Socialist | |
Mixed | |
Agriculturalist |
Question 17 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER] |
Converting iron ore to steel is a part of [(SSC CGL)Staff Selection Commission Combined Graduate Level Examination-2003]
primary activity | |
secondary activity | |
tertiary activity | |
all of these |
Question 18 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER] |
When the skills of a labour force are not utilized to their full capacity it is known as [(AIMA UGAT)All India Management Association Under Graduate Aptitude Test -2007]
Employment | |
Labour Effort | |
Seasonal Unemployment | |
Underemployment |
Question 19 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER] |
In terms of G.D.P., the share of tertiary sector in 2003 was: [(VITEEE)Vellore Institute of Technology Engineering Entrance Exam -1993]
between 20 to 30% | |
between 30 to 40% | |
between 50 to 60% | |
above 70% |
Question 20 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER] |
Consider the following Statements:
- The Southernmost point of North - South corridor is Uri.
- MNCs set up production units on the basis of proximity to the markets.
- The public sector aims to make good use of taxpayers' money and provide the services needed.
Only 1, 2 | |
Only 1, 3 | |
Only 1, 2, 3 | |
Only 2, 3 |
There are 20 questions to complete.