Indian Economy GK Questions
21. Which of the following is/ are the example of Kharif crops?
[A] Groundnut
[B] Maize
[C] Paddy
[D] All of the above
D [All of the above]
Notes:
Kharif crops are cultivated and harvested respectively in April and October. Some of the examples of Kharif crops are Groundnut, Maize and Paddy.
22. What is India’s rank in the e-waste production in the world?
[A] 2
[B] 4
[C] 5
[D] 6
C [5]
Notes:
According to the UN’s Global E-Waste Monitor, India ranks fifth in the world in generating e-waste. 15. India generates more than two million tonnes of e-waste annually, and the bulk of it is processed in the informal sector.
23. In which year make in India initiative was launched?
[A] 2013
[B] 2014
[C] 2015
[D] 2016
B [2014]
Notes:
Make in India initiative was launched in 2014. It was launched to boost manufacturing sector in India. The Make in India has about 25 focus sectors. It has various government schemes, including the FDI policies, IPR, etc for these 25 sectors.
24. Which organization releases the Wholesale price Index(WPI)?
[A] Central statistical office
[B] NSSO
[C] Economic advisor
[D] None of the above
C [Economic advisor]
Notes:
Wholesale Price Index (WPI) is computed by the Office of the Economic Adviser in Ministry of commerce & Industry, Government of India.
25.When was Pharmaceutical Export Promotion Council (PHARMEXCIL) established?
[A] 2004
[B] 2005
[C] 2006
[D] 2002
A [2004]
Notes:
The Pharmaceutical Export Promotion Council (PHARMEXCIL) was established in 2004 by the Ministry of Commerce and Industry, Government of India, to promote pharma export.
26. What is the main theme of PM Awas Yojna?
[A] Housing for All by 2025
[B] Housing to Poor by 2020
[C] Housing the Indians by 2023
[D] Housing to All by 2022
D [Housing to All by 2022]
Notes:
Pradhan Mantri Awas Yojana is being implemented by the ministry of housing and urban affairs under the mission ‘Housing for All by 2022’ since June 2015.
27. Who announces SAP to sugarcane farmers?
[A] CACP
[B] NITI Aayog
[C] State government
[D] Central government
C [State government]
Notes:
The central government declares a min price of sugarcane called Fair Remunerative Price (FRP) and state governments have also right to declare their own price which is called State Advisory Price (SAP). Generally SAP is more than FRP.
28. What are railways running across the entire breadths of the country called?
[A] Metros
[B] Bullet trains
[C] Transcontinental Railways
[D] Hyperloop
C [Transcontinental Railways]
Notes:
The large countries like Russia, Canada, US and Australia have a number of rail routes running across the entire breadths of the continents. Such railways are called transcontinental railways. Trans-Siberian Railway in Russia is the longest railway of the world.
29. Which is the busiest airport of the world in terms of number of passengers using it?
[A] Los Angeles
[B] Dallas
[C] San Francisco
[D] Atlanta
D [Atlanta]
Notes:
Hartsfield–Jackson Atlanta International Airport in Georgia, United States is the busiest airport in the world. In 2021, the Hartsfield–Jackson Atlanta International Airport served around 76 million passengers. It has retained the top position as the world’s busiest airport by passenger traffic for over 22 consecutive years. In comparison, the next busiest airport is Dallas/Fort Worth International Airport in the USA which served around 62.5 million passengers in 2021. Dubai International Airport that ranked #3 had 29.1 million passengers in 2021.
30. What is the maximum age of a company to take investment from an Angel Investor?
[A] 2 years
[B] 3 years
[C] 4 years
[D] 5 years
B [3 years]
Notes:
A company that can investment from an angel investor should not be older than 3 years. The maximum investment is 5 crores and the minimum investment is 50 lakhs.
