General Awareness For UPSC, CDS, NDA, RRB, SCRA On Indian Economy

Are You preparing for Govt Exams? Are you searching for General Awareness MCQ Questions? then you are at right place. General Awareness section is the most important section of every govt Exams like  UPSC, CDS, NDA, RRB, SCRA. General Awareness comprises of many topics like History, Geography, Polity, finance and economy, social, cultural aspects at national and international level. The fact that makes it a challenge to prepare is its unlimited range of questions. When you start your General Awareness preparation for any competitive exam, first you need to know the list of the important topics you need to cover in your preparation, so that you do not miss out any important topic. because Every single mark is valuable in competitive exams, so don’t neglect the any topic.

So for this purpose here our object is to help all those candidates who are job seekers and preparing for govt Exams. Here we have collected General Awareness For UPSC, CDS, NDA, RRB, SCRA On Indian Economy. If you like this page then d’not forget to share with your friends your colleagues or your loving ones.

General Awareness MCQ Questions On History, Geography & Polity

General Awareness On Indian Economy-

Primary sector of Indian Economy is agriculture and the related sectors. the contribution of agriculture sector in GDP in 2008-09

The Green revolution was confined only to high yielding varieties (HYV) mainly rice, wheat, maize, and jowar.

India’s total external trade (exports plus imports including re-exports) in the year 1950-51 stood at Rs. 1214 crore then,  this has witnessed continuous increase with occasional downturns.

 Development expenditure of the Central government does not include the defence expenditure.

 According to the World Fact Book, India is among the worlds youngest nations with a median age of 25 Years as compared to 43 in Japan and 36 in USA of the BRIC- Brazil, Russia, India and China countries, India is projected to stay the youngest with its working age population estimated to rise to 70 per cent of the total demographic by 2030 the largest in the world. India will see 70 million new entrants to its workforce over the next 5 Years.

The Planning Commission has ruled out any changes in the average 9 per cent gross domestic product growth target of the 11th Five Year Plan, although there might be some significant reduction in growth in 2009 as a result of the global financial crisis.

Italy is looking forward to widening business opportunities in India, especially in West Bengal. Bilateral trade between the two countries added up US$ 100 million in 2007.

Capital Market is the for long term loans. Capital Market is the Market which gives medium term and long term loans. It is different from money market which deals only in short term loans.

Bull Market is a Market where the speculators buy shares or commodities in anticipation of rising prices. This Market enables the Speculators to resale such shares and make a profit. The opposite is Bear Market.

Cheque is an order in Writing issued by the drawer to a bank. If the customer has sufficient amount in his account, the cheque is paid by the bank. Cheque are used in place of cash money. 

Liquidity is the ability of the Market in a particular security to absorb a reasonable amount of buying or selling at reasonable price changes. Liquidity is one of the most important characteristics of a good Market.

 The “Operation flood” was the largest integrated dairy development programme of the world. It was started by National dairy development board in 1970.

 National Rural Employment Guarantee Programme started in 2nd Feb, 2006.
Govt. of India renamed it to Mahatma Gandhi National Rural Employment Guarantee Act(MNERGA) on 2nd October, 2009.

Reserve bank of India was established on 1st April, 1935. It was nationalized on 1st January, 1949.

Industrial Finance Corporation of India (IFCI) was established in 1948, Its main functions are Project Finance and Promotional services.

Current Affairs For IBPS SSC And Other Govt Exams 2018