Economy - General Knowledge Questions and Answers

The Central Board of Directors of the Reserve Bank of India are appointed for a term of ______ years.

The National Rail Plan announced in the Union Budget of 2021-22 aims to create a future ready railway system by which of the following years?

The Union Budget 2021–22 has recommended a voluntary scrapping policy for vehicles based on fitness tests after a period of ______ years for personal vehicles.

Which of the following states was allocated the highest budget for highway projects in Union Budget 2021-22?

As per Economic Survey 2020-2021, during the first half of the financial year 2020-21, the services sector contracted by almost ______.

As per the Union Budget 2021-22, Mission Poshan 2.0 is proposed to be launched to improve nutritional outcomes across ______ aspirational districts.

The Contingency Fund of India is to be augmented from ₹500 crores to ______ crores through the Finance Bill as per the Union Budget 2021-22.

The Fiscal Responsibility and Budget Management Act 2003 set a target to limit India’s fiscal deficit up to ______ of the GDP by 2021.

Who among the following was the first Indian Governor of Reserve Bank of India?

The Government of India imposed an Agriculture and Infrastructure Development Cess of ______ per litre on petrol through Union Budget 2021-22.

As per World Justice Project 2020, what is India’s rank in Regulatory Enforcement as cited in Economic Survey of India 2021?

As per the provisions of Union Budget 2021-22, how many public sector banks have been lined up for disinvestment?

Finance Minister Nirmala Sitharaman announced the setting up of ______ mega textile parks across the country over three years, in her Budget 2021-22 speech.

Which of the given statements about the Union Budget is/are true?

a) Vote on Account deals only with the expenditure side of the government budget.
b) Vote on Account and Interim Budget are not the same.
c) An Interim Budget gives a complete financial statement, similar to a full budget.

Union Budget 2021-22 allocated a total amount of ______ towards health and wellbeing.

The GDP deflator is also called:

The ratio between the nominal and real GDP is called ____.

Which of the following identity is correct regarding GNP?

GATT was established in 1948 with ______ countries as the global trade organisation to administer all multilateral trade agreements by providing equal opportunities to all countries in the international market for trading purposes.

Nirmala Sitharaman launched the Tejasvini scheme for the people of ______ in November 2021.