SET 5 – Economy Questions and Answers

Important questions and answers of GK Set-5 related to Economics language for various competitive exams

Economy GK – Set 5: – GK Questions related to Economics below Section-5 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.


Question 1. How many members are there in ‘Monetary Policy Committee of Reserve Bank of India’?
A. 3
B. 4
C. 5
D. 6

View Answer
Answer: 6

Question 2. In order to maintain the supply of currency and credit in the country, at what intervals of time monetary policy is announced by RBI?
A. per month
B. At intervals of 2–2 months
C. At an interval of 3–3 months
D. At intervals of 6-6 months

View Answer
Answer: at intervals of 2-2 months

Question 3. How many posts of Deputy Governors are there in Reserve Bank of India?
A. 1
B. 2
C. 4
D. 5

View Answer
Answer: 4

Question 4. The National Fianancial Reporting Agency-NFRA was formed for which purpose?
Monitoring of tax evasion
B. Monitoring of black money located abroad
C. Regulation of audit related functions
D. Regulation of Foreign Direct Investment

View Answer
Answer: Regulation of audit related functions

Question 5. Mark Zuckerberg, who is considered the world’s richest person, is the founder of which of the following?
A. Imogen
B. Zara Fashion Chain
C. Facebook
D. Vicky Media

View Answer
Answer: Facebook

Question 6. What is the place of India in the world in terms of milk production?
A. First
B. Another
C. Third
D. Chotha

View Answer
Answer: First

Question 8. According to the latest data of Telecom Regulatory Authority of India (TRAI), which state / union territory of India has the highest teledensity?
A. Goa
B. Chandigarh
C. Delhi
D. Maharashtra

View Answer
Answer: Delhi

Question 9. According to ‘TRAI’ data, which of the following state / union territory has the lowest teledensity?
A. of Jharkhand
B. Bihar
C. Of Jammu and Kashmir
D. of Himachal Pradesh

View Answer
Answer: Bihar's

Question 10. According to the census conducted in the year 2011, India’s literacy rate was _____ percent?
A. 50%
B. 55%
C. 62%
D. 73%

Show Answer
Answer: 73%

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