x
Support us!

If you like this site please help and make click on any of these buttons!

General Knowledge on Indian Economy

(Click on suggested Options to select the answer | Color Red means : Wrong & Green Means: Correct)
1. What is the India’s GDP growth forecast for FY 18, according to Asian Development Bank (ADB)’s latest report “Asian Development Outlook 2017”?  
2. India is regarded as a country with 'Demographic Dividend' Due to?
  • A. Its high population in the age group of above 65 years
  • B. Its high total population
  • C. Its high population in the age group below 15 years
  • D. Its high population in the age group of 15-64 years
  • Check Answer | Discussion
3. An advalorem duty is a tax on the basis of?
  • A. The Advertisement expenditure
  • B. The unit of the commodity
  • C. The price of a commodity
  • D. The value added
  • Check Answer | Discussion
4. The states in India can borrow from the Market?
  • A. Only with the consent of the centre
  • B. Under no Circumstances
  • C. At their Discretion
  • D. Only through the centre
  • Check Answer | Discussion
5. With reference to a cheque, which of the following is the 'Drawee Bank'?
  • A. The Endorsee's Bank
  • B. The Bank upon which the cheque is drawn
  • C. The Bank that collects the cheque
  • D. The Payee's Bank
  • Check Answer | Discussion
6. What does Venture Capital means?
  • A. Funds provided to Industries at times of incurring losses
  • B. Funds provided for replacement and renovation of Industries
  • C. A short-term capital provide to Industries
  • D. A long-term start-up capital provided to new enterprenuers
  • Check Answer | Discussion
7. In the Government of India, under which Ministry is the National River Conservation Directorate?
  • A. Ministry of Environment and Forests
  • B. Ministry of Water Resources
  • C. Ministry of Agriculture
  • D. Ministry of Earth Sciences
  • Check Answer | Discussion
8. Agriculture Income Tax is assigned to the State Government by?
  • A. The Finance Commission
  • B. The Inter-State Council
  • C. The Constitution of India
  • D. The National Development Council
  • Check Answer | Discussion
9. In India deficit financing is used for raising resources for?
  • A. Adjusting the balance of payment
  • B. Reducing the foreign dept
  • C. Economic Development
  • D. Redemption of public dept
  • Check Answer | Discussion
10. To obtain full benefits of Demographic dividend, what should India do?
  • A. Privatisation of Higher Education
  • B. Reducing infant mortality rate
  • C. Promoting Skill Development
  • D. Introducing more social security Schemes
  • Check Answer | Discussion

Check More Pages...

Exercise

More GK Questions

ENTER YOUR DETAILS!!
Please to get more information
Please enter Roll NO
By clicking on Submit button, you agree to our terms of use