GK Questions Indian Economy

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GK Questions: Indian Economy

Welcome to Online General Knowledge area in gkshort, which is imperative for all the aggressive exams. We have made Some inquiries identified with Indian GK(Indian Economy) !!!gkshort में ऑनलाइन सामान्य ज्ञान क्षेत्र है, जो सभी के लिए आक्रामक परीक्षा के लिए जरूरी है आपका स्वागत है। हम भारतीय जीके (भारतीय अर्थव्यवस्था) के साथ की पहचान कुछ पूछताछ की है !!!

Full form of ECGC is

1. Export Card Guarantee Cooperation

2. Export Credit Guarantee Corporation

3. Export Credit Ground Commission

4. Expert Credit Global Corporation

5. None of these

Answer – 2.Export Credit Guarantee Corporation

Clarification :

The ECGC Limited (Formerly Export Credit Guarantee Corporation of India Ltd) is an organization completely claimed by the Government of India situated in Mumbai, Maharashtra.[1] It gives trade credit protection backing to Indian exporters and is controlled by the Ministry of Commerce.

CIBIL is India’s first … .

1.Credit Insurance Regulator

2.Credit Insurance Bureau

3.Credit Information Bureau

4.Credit Information Company

5.None of these

Answer – 3.Credit Information Bureau

Clarification :

Credit Information Bureau (India) Limited (CIBIL), India’s first Credit Information Bureau, is an exertion made by the Government of India and the Reserve Bank of India to enhance the usefulness and strength of the Indian budgetary framework by containing non-performing resources (NPAs) while enhancing credit grantors’ portfolio quality.

National Automated Clearing House (NACH) is supplanted by





5.None of these

Answer – 1.ECS

Clarification :

From first May, 2016 NACH will supplant ECS. You need to utilize NACH office to give auto guideline of charge from your financial balance. ECS (electronic clearing administration) orders utilized for doing Systematic Investment Plan (SIP) in Mutual Funds is being supplanted by National Automated Clearing House (NACH) another arrangement of clearing.

RBI does not execute the Business of which state government ?

1.West Bengal



4.J and K

5.None of these

Answer – 4.J and K

Clarification :

RBI does not execute the Business of Jammu and Kashmir as per the RBI Act 1934 according to segment 21 Act.

Full type of ECB is

1.External Commercial Borrowing

2.External Communication Bureau

3.Excess Commercial Borrowing

4.External Custom Borrowing

5.None of these

Answer – 1.External Commercial Borrowing

Clarification :

An outer business borrowing(ECB) is an instrument utilized as a part of India to encourage the entrance to remote cash by Indian partnerships and PSUs. ECBs incorporate business bank advances, purchasers’ credit, suppliers’ acknowledge, securitised instruments, for example, drifting rate notes and altered rate securities and so., using a loan from authority send out credit offices and business borrowings from the private area window of multilateral budgetary Institutions, for example, International Finance Corporation (Washington), ADB, AFIC, CDC, and so on.

Baristha Bunakar Sahayata Yojana was dispatched by

1.Odisha government

2.Karnataka government

3.Tamil Nadu government

4.Maharashtra government

5.None of these

Answer – 1.Odisha government

Clarification :

The Odisha Government had dispatched Baristha Bunakar Sahayata Yojana, an uncommon help plan for elderly weavers. The plan was propelled by Chief Minister Naveen Patnaik on the event of the second National Handlooms Day

NRLM was dispatched by the Ministry of Rural Development (MoRD)in 2001.NRLM curtailed as

1.National Religion Livelihoods Mission

2.National Rural Livelihoods Mission

3.National Rural Livelihoods Ministry

4.National Rural Live Mission

5.None of these

Answer – 2.National Rural Livelihoods Mission

Clarification :

National Rural Livelihoods Mission (NRLM)- Aajeevika was dispatched by the Ministry of Rural Development (MoRD), Government of India in June 2011.

Gini coefficient is identified with which of the accompanying ?





5.None of these

Answer – 4. Inequality

Clarification :

The most usually utilized measure of wage disparity is the Gini coefficient, which is measured on a size of 0 to 1.

DIPP is working under which service ?

1.Ministry of Commerce and Industry

2.Ministry of Home Affairs

3.Ministry of Rural Development

4.Ministry of Economy, Trade and Industry

5.None of these

Answer –1.Ministry of Commerce and Industry

Clarification :

Branch of Industrial Policy and Promotion was set up in the year 1995, and in the year 2000 Department of Industrial Development was converged with it. It is working under the Ministry of Commerce and Industry, Government of India.

… is the biggest condition of tank water system

1.Andhra Pradesh




5.None of these

Answer – 1.Andhra Pradesh

Clarification :

Tank water system is well known in the peninsular level region where Andhra Pradesh and Tamil Nadu are the main states. Andhra Pradesh is the biggest condition of tank water system where 727 thousand hectares are flooded by tanks.



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