Economics based GK from HSSC Question Papers

Q. GATT came into existence in-

Ans. 1947

Q. Soft loans to underdeveloped countries is provided by-

Ans. IDA

Q. What do you mean by DGTD?

Ans. Directorate General of Technical Development

Q. Industry with few firms is termed as ?

Ans. Oligopoly

Q. A market in which only two firms exist is called?

Ans. Duopoly

Q. External data is stored in ?

Ans. Market forecast file. 

Q. The agency estimating the national income of India is?

Ans. Central Statistical Organisation.

Q. The term CRM means?

Ans. Customer Relationship Management 

Q. As per a recent survey by UBS, the population of ……was the largest adopters of mobile banking

Ans China

Q.Which bank bagged the prestigious Bank of the year award 2015 in UK?

Ans Yes Bank

Q. As per a recent survey by UBS, the population of ……was the largest adopters of mobile banking

Ans China

Q. Which country will host 8th BRICS Summit in October 2016? 
Ans:- India 

Q. PM Modi launched “Stand Up India Scheme” in which of the following ? 
Ans ; Noida 

Q. Who is the CEO of OLX ? 
Ans:- Alec Oxenford. 

Q. Who is the Vice-Chairman of NITI Aayog?

(A) Arvind Panagariya

(B) Surjit Bhalla

(C) Arvind Subramanian

(D) None of these

Ans. Arvind Panagariya

Q.  The maturity period of Sovereign Gold Bonds is-

Ans. 8 Years.

Q.  What are the methods of measurement of national income?

Ans. Value Added Method, Income method and Expenditure Method.