GK-Indian Economic Questions and Answers
General Knowledge Indian Economic Questions with Answers focus on Indian economy and fiscal policies. Useful in SSC, Bank, and UPSC exams, they strengthen your understanding of national economic systems
GK-Indian Economic
Showing 10 of
20 questions
1. What is the full form of GDP?
- Gross Domestic Product
- General Domestic Policy
- Global Development Plan
- General Demand Price
2. Which sector contributes the largest share to India's GDP?
- Agriculture
- Industry
- Services
- Mining
3. Who is known as the “Father of Indian Economic Planning”?
- Jawaharlal Nehru
- M. Visvesvaraya
- B.R. Ambedkar
- Amartya Sen
4. Which organization publishes the Human Development Index (HDI)?
- World Bank
- IMF
- UNDP
- OECD
5. What is the main objective of NITI Aayog?
- Centralized Planning
- Promote Cooperative Federalism
- Control Inflation
- Conduct Monetary Policy
6. Which tax was replaced by GST in India?
- Direct Tax
- VAT, Excise, Service Tax
- Corporate Tax
- Customs Duty
7. Which is the largest employment sector in India?
- Agriculture
- Industry
- Services
- Mining
9. Which is the highest denomination currency note ever issued in India?
- ₹5,000
- ₹10,000
- ₹1,000
- ₹2,000
10. What is the primary function of SEBI?
- Formulate Monetary Policy
- Regulate Securities Market
- Issue Currency Notes
- Supervise Banks