GK Quiz 72: Economics Quiz for SSC and other exams

General Awareness Quiz – Economics

General Awareness Quiz Set 72 for SSC CGL, SSC CHSL and Railways exams. Economics Quiz for SSC CGL, SSC CHSL, Railways etc.

Topic: Economics

  1. Which Indian industry is employing large number of workers?
    A) Sugar Industry

    B) Textile Industry
    C) Iron And Steel Industry
    D) Jute Industry
    View answer
      Option C.
    Explanation: Iron And Steel Industry.
  2. Social accounting system in India is classified into?
    A) Public Sector, Private Sector and Joint Sector

    B) Income product and Expenditure
    C) Enterprise, Households and Government
    D) Asset Liabilities and Debt Position
    View answer
      Option B.
    Explanation: Income product and Expenditure.
  3. Which of the following doesn’t form a part of the foreign exchange reserve of India?
    A) Gold

    B) Foreign Currency Asset
    C) Foreign Currency and Securities held by the banks and Corporate Bodies.
    D) SDRs
    View answer
    Option C.
    Explanation: Foreign Currency and Securities held by the banks and Corporate Bodies.
  4. For which tax, was constitutional status given much later after its introduction in a small way in 1994-95?
    A) Tax on Services

    B) Custom Duty
    C) Corporation Tax
    D) Income Tax
    View answer
    Option A.
    Explanation: Tax on Services.
  5. Who presented the Union Budget in 1970?
    A) Indira Gandhi

    B) T.T Krishnamachari
    C) C.Subhramaniam
    D) R.Venkatraman
    View answer
    Option A.
    Explanation: Indira Gandhi.
  6. Self reliance was the main objective of?
    A) Sixth Plan

    B) Third Plan
    C) Fourth Plan
    D) Seventh Plan
    View answer
    Option A.
    Explanation: Sixth Plan.
  7. Who made the statement “Multi purpose river valley projects are the ‘New Temples of Modern India ”?
    A) Mahatma Gandhi

    B) Jawaharlal Nehru
    C) Motilal Nehru
    D) Rajiv Gandhi
    View answer
    Option B.
    Explanation: Jawaharlal Nehru.
  8. The Community development program was launched in the year
    A) 1953

    B) 1952
    C) 1950
    D) 1951
    View answer
    Option B.
    Explanation: 1952.
  9. Indian Special Economic Rules amendment came in the year?
    A) 2002

    B) 2004
    C) 2000
    D) 2006
    View answer
    Option D.
    Explanation: 2006.
  10. Which five year plan is not correct among the following?
    A) First 1951-56

    B) Third 1961-66
    C) Second 1956-61
    D) Fourth 1966-71
    View answer
    Option D.
    Explanation: Fourth 1966-71. Its is between 1969-74.

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