Explore topic-wise MCQs in Basic GK.

This section includes 278 Mcqs, each offering curated multiple-choice questions to sharpen your Basic GK knowledge and support exam preparation. Choose a topic below to get started.

101.

Which formula does the Planning Commission use to estimate poverty at the state and national levels?

A. Dandekar and Rath
B. D. T. Lakdawala
C. B. s. minhas
D. none of these
Answer» C. B. s. minhas
102.

On the basis of whose surveys the Planning Commission assesses the people below the poverty line?

A. National Sample Survey Organization
B. Reserve Bank of India
C. Central Statistical Organization
D. none of these
Answer» B. Reserve Bank of India
103.

Which one of the following is not a way to reduce inequality?

A. Liberalization of the economy
B. Land Reforms
C. Taxation
D. Minimum Needs Program
Answer» B. Land Reforms
104.

What is the cause of structural unemployment?

A. Majority of heavy industry
B. deflationary stage
C. shortage of raw materials
D. Inadequate production capacity
Answer» E.
105.

What is the nature of unemployment in India?

A. educated unemployment
B. Open unemployment
C. Cyclical unemployment
D. invisible unemployment
Answer» D. invisible unemployment
106.

Indicates the purpose of devaluation?

A. Rectangle Incentive
B. Restriction on deficit budget
C. Control on black money
D. Export Promotion
Answer» E.
107.

How can inflation be controlled permanently?

A. reducing the prices
B. by increasing exports
C. increase in tax
D. Tax control by increasing the money supply
Answer» E.
108.

Inflation can be stopped by which of the following?

A. direct savings budget
B. cut in government expenditure
C. Increase in taxation
D. All these
Answer» E.
109.

which one among the following formulates the fiscal policy In India?

A. Planning Commission
B. Ministry of Finance
C. Finance Commission
D. The Reserve Bank of India
Answer» C. Finance Commission
110.

Short-term finance is usually for a period ranging up to how many month?

A. 5 months
B. 10 months
C. 12 months
D. 8 months
Answer» D. 8 months
111.

The Redistribution polices geared to reduce economic inequalities include

A. progressive tax policies
B. land reforms
C. rural development policies
D. All the above
Answer» E.
112.

The formula does the Planning Commission use to estimate poverty at the state and national levels?

A. Dandekar and Rath
B. D. T. Lakdawala
C. B. s. minhas
D. none of these
Answer» C. B. s. minhas
113.

Union Budget of India is presented by whom and in which house/ houses of the Parliament?

A. Finance Minister of India; Lok Sabha
B. Prime Minister of India; Rajya Sabha
C. Cabinet Secretary; Both Lok Sabha and Rajya Sabha
D. President of India; in joint session of Parliamnet
Answer» B. Prime Minister of India; Rajya Sabha
114.

Who among the following presented the Union Budget maximum number of times?

A. P. Chidambaram
B. R K Shanmukham Chetty
C. Pranav Mukherjee
D. Morarji Desai
Answer» E.
115.

National Institute of Agricultural Marketing is located at?

A. Jaipur
B. Hyderabad
C. New Delhi
D. none of these
Answer» B. Hyderabad
116.

Which country has the highest number of people using mobile phones?

A. England
B. America
C. China
D. Russia
Answer» C. China
117.

The largest item of expenditure in the current account of the budget of the Central Government is?

A. Defense expenditure
B. interest payment
C. Central Planning
D. none of these
Answer» D. none of these
118.

The State is the largest producer of tobacco in India?

A. Andhra Pradesh
B. Madhya Pradesh
C. Karnataka
D. Haryana
Answer» B. Madhya Pradesh
119.

prepared the first estimate of national income for the country?

A. Central Statistical Organization
B. National Sample Survey Organization
C. National Income Committee
D. Dadabhai Naoroji
Answer» E.
120.

The apex body to approve the five year plan is?

A. Planning Commission
B. Finance Commission
C. National Development Council
D. Union Cabinet
Answer» D. Union Cabinet
121.

Where was centralized planning first adopted for the development of the economy?

A. Former Soviet Union
B. Poland
C. India
D. China
Answer» B. Poland
122.

Which one of the following industries employs maximum labor force in India?

A. Cement Industry
B. Textile Industry
C. Jute Industry
D. iron-steel industry
Answer» C. Jute Industry
123.

The period of the Eighth Five Year Plan was?

A. 1980-85
B. 1982-87
C. 1985-90
D. 1992-97
Answer» E.
124.

The period of the Seventh Five Year Plan was?

A. 1987-92
B. 1986-91
C. 1985-90
D. none of these
Answer» D. none of these
125.

In which five year plan the Minimum Needs Program was started?

A. 2nd
B. 3rd
C. 4th
D. 5th
Answer» E.
126.

What is the committee related to industrial sickness?

A. Goswami Committee
B. Tiwari Committee
C. both of the above
D. none of these
Answer» D. none of these
127.

Where is the commercial magazine Commerce published?

A. New Delhi
B. Kolkata
C. New York
D. Mumbai
Answer» E.
128.

Which is India's largest mineral-oil field?

A. Cauvery Basin
B. Kutch Basin
C. Assam region
D. Bombay Offshore Area
Answer» E.
129.

Does the poor save more than the rich?

A. a relatively large part of his income
B. of his entire income
C. a relatively small part of his income
D. an equal share of his income
Answer» D. an equal share of his income
130.

Which of the following will lead to a fall in property prices?

A. more liquidity in the economy
B. Reduction in reverse repo rate by RBI
C. increase in reverse repo rate by RBI
D. Low liquidity in the economy
Answer» E.
131.

Abid Hussain Committee was constituted by which ministry?

A. Planning Commission
B. Ministry of Industry
C. Ministry of Defense
D. Ministry of Finance
Answer» C. Ministry of Defense
132.

Who of the following is not included in the national income?

A. winning the lottery
B. Government expenditure on the construction of new bridges
C. Charged rent of houses in the possession of the owner
D. none of these
Answer» B. Government expenditure on the construction of new bridges
133.

The government agency responsible for estimating the national income in India is?

A. Indian Statistical Organization
B. Central Statistical Organization
C. Organization Reserve Bank of India
D. none of these
Answer» C. Organization Reserve Bank of India
134.

Single citizenship included in the Indian Constitution is inspired by the constitution of which country?

A. Britain
B. Ireland
C. Canada
D. America
Answer» B. Ireland
135.

When did the New Economic Policy Program on Economic Reforms begin?

A. July, 1980
B. July 1992
C. July 1991
D. July 1995
Answer» D. July 1995
136.

Which multinational company bought 'Thums Up' brand of Parle Group?

A. Nokia
B. Reebok
C. L. G.
D. Coca-Cola
Answer» E.
137.

Who is considered the originator of consumer movement?

A. Bill Clinton
B. George Bush
C. Rolf Nadar
D. Meclagan
Answer» D. Meclagan
138.

When is Consumer Rights Day celebrated?

A. 17 March
B. 15 March
C. 19 April
D. 22 April
Answer» C. 19 April
139.

In which country was the consumer awareness movement started?

A. China
B. Japan
C. England
D. United States
Answer» D. United States
140.

In which country was the declaration of consumer rights?

A. China
B. Japan
C. England
D. United States
Answer» E.
141.

In which year the right to service was imposed in Bihar?

A. 2011
B. 2012
C. 1980
D. 1999
Answer» B. 2012
142.

Where is the headquarters of International Organization for Standardization (ISO)?

A. Dhaka
B. Geneva
C. New York
D. London
Answer» C. New York
143.

In which year did the United Nations set the principles for the rights and protection of the consumer?

A. 1985
B. 1990
C. 2005
D. 2010
Answer» B. 1990
144.

When was the Human Rights Commission established?

A. 1993
B. 1994
C. 1995
D. 2005
Answer» B. 1994
145.

When is National Consumer Day celebrated in India?

A. 24 December
B. 1 March
C. 10 April
D. 10 December
Answer» B. 1 March
146.

Which of the following guarantees the purity of food items?

A. Hallmark
B. Agmark
C. Bullmark
D. ISI mark
Answer» C. Bullmark
147.

When was the Consumer Protection Act announced in India?

A. 1987
B. 1988
C. 1986
D. 1980
Answer» D. 1980
148.

Which two states of India are the leading producers of mineral oil?

A. Rajasthan and Gujarat
B. Maharashtra and Goa
C. Orissa and Bihar
D. Assam and Gujarat
Answer» E.
149.

Where is the headquarters of Oil and Natural Gas Corporation (ONGC) in India located?

A. Hirapur
B. Guwahati
C. Dehradun
D. Mumbai
Answer» D. Mumbai
150.

Which state has maximum production of large cardamom in India?

A. Sikkim
B. Meghalaya
C. Assam
D. Arunachal Pradesh
Answer» B. Meghalaya