Indian Economy : General Knowledge Questions and Answers

Q11. Who was appointed as Director General of Goods and Service Tax Intelligence (DG GSTI)?

[A] Gurindar Chadha

[B] John Joseph

[C] Uttam Singh

[D] Richard Verma

Q12. What is CPC?

[A] Central Paid determination

[B] Central Pay scheme

[C] Central Pay Commission

[D] Central Person scheme

Q13. Which of the following sectors of the economy has the highest share in India’s GDP?

[A] Agriculture

[B] Industrial

[C] Service

[D] Manufacturing

Q14. Second Nationalization of Commercial Banks in India took place in ?

[A] 1972

[B] 1980

[C] 1890

[D] 1969

Q15. National Income estimates in India are prepared by

[A] Reserve Bank of India

[B] Central statistical organisation

[C] Indian statistical Institute

[D] Planning Commission

Q16. Who coined the term ‘Hindu rate of growth’ for Indian economy?

[A] Raj Krishna

[B] Montek Singh Ahluwalia

[C] Kirit S.Parikh

[D] A.K.Sen

Q17. The State having the highest density of population is 

[A] Tamil Nadu

[B] Kerala

[C] Uttar Pradesh

[D] West Bengal

Q18. Grey revolution is related to

[A] fertilizers

[B] fish

[C] leather

[D] silk

Q19. Which kind of power accounts for the largest share of power generation in India?

[A] Thermal

[B] Nuclear

[C] Solar

[D] Hydro – electricity

Q20. A situation where the expenditure of the government exceeds its revenue is called

[A] Default Revenue

[B] Budget Deficit

[C] Default Financing

[D] Deficit Revenue