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SET 9 – Economy Questions and Answers

Important questions and answers of GK Set-9 related to Economics language for various competitive exams

Economy GK – Set 9: – GK Questions related to Economics below Section-9 Questions and answers have been written . All the economics related question banks, railways, SSC etc. published in this section will be important and helpful for you in all examinations.

Q1. Which of the following Indian states is a victim of poverty?
A. Bihar
B. Haryana
C. Kerala
D. Karnataka
[su_spoiler title = “Show Answer” style = “fancy”] Answer: Bihar[/su_spoiler]

Q2. Which is the most recognized certified institution for calculating national income in India?
A. National Development Council
B. NITI Aayog
C. Central Statistical Organization
D. None of these
[su_spoiler title = “Show Answer” style = “fancy”] Answer: Central Statistical Organization[/su_spoiler]

Q3. In which year was the National Income Committee formed?
A. 1952
B. 1949
C. 1942
D. 1956
[su_spoiler title = “Show Answer” style = “fancy”] Answer: 1949[/su_spoiler]

Q4. Which currency is legally recognized in our country?
A. credit-currency
B. Check
C. letter money
D. Good Money
[su_spoiler title = “Show Answer” style = “fancy”] Answer: Letter-currency[/su_spoiler]

Q5. Which state has the highest Human Development Index (HDI) in India?
A. Tamil Nadu
B. Kerala
C. Maharashtra
D. Gujarat
[su_spoiler title = “Show Answer” style = “fancy”] Answer: Kerala[/su_spoiler]

Q6. Which economist prepared the first human development index?
A. Dr. Manmohan Singh
B. Mehboob-ul-Haq
C. Prof. Amartya Sen
D. None of these
[su_spoiler title = “Show Answer” style = “fancy”] Answer: Mehboob-ul-Haq[/su_spoiler]

Q7. Which form of currency is more prevalent nowadays?
A. Metallic money
B. letter money
C. Coins
D. All of these
[su_spoiler title = “Show Answer” style = “fancy”] Answer: Letter-currency[/su_spoiler]

Q8. Which of the following is popular as plastic currency?
A. A. Tm
B. Draft
C. Paper Note
D. Check
[su_spoiler title = “Show Answer” style = “fancy”] Answer: A. Tm.[/su_spoiler]

Q9. Who among them said that in the modern world, the industry is wearing mud-cloth?
A. Marshall
B. Crowther
C. Pigue
D. Trescott
[su_spoiler title = “Show Answer” style = “fancy”] Answer: Pegu[/su_spoiler]

Q10. In which year were the Regional Rural Banks established?
A. 1982
B. 1975
C. 1992
D. 2012
[su_spoiler title = “Show Answer” style = “fancy”] Answer: 1975[/su_spoiler]