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GK
GK Set-1
Economics
Indian Economics
395

Indian Economics MCQ (GK Set-1) with Answers

395) Which of the following is the most populous city in India?

Mumbai

Delhi

Kolkatta

Chennai

Answer is:

Mumbai

Indian Economics MCQ (GK Set-1) with Answers

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Related Indian Economics MCQ (GK Set-1) with Answers

396) Which Indian state has the lowest percentage of people living below the poverty line?

Punjab

Gujarat

Karnataka

Maharashtra

Answer is:

Punjab

397) Which Indian state has the highest per capita income?

Haryana

Punjab

Uttar Pradesh

Karnataka

Answer is:

Punjab

398) Which Indian state stands first in the production of coffee?

Kerala

Karnataka

Assam

Gujarat

Answer is:

Karnataka

399) Which of the following statements about money creation by banks is false?

A bank creates money when it writes a higher number against the deposit of a depositor who wants an advance

A bank creates money when it buys securities

Unless the authorities intervened, there is no limit to how much money banks would be willing to create

The increase in deposits that can occur when banks get ’1 million extra reserves is greater than ’1 million.

Answer is:

Unless the authorities intervened, there is no limit to how much money banks would be willing to create

Indian Economics MCQ (GK Set-1) with Answers

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