Economics and Commerce –FAQ for SSC CGL,CHSL / Railway Exam

Economics and Commerce –
Economics and Commerce –GK Quiz for SSC CGL,CHSL / Railway Exam Set-34:
List of Important GK questions from Economics and Commerce for SSC exam were given here. Candidates those who are all preparing for SSC, Railway Exam and all other competitive exams can use this material.

1).   The Indian Economy should be developed on the socialistic pattern of society was enunciated, at which summit of the Indian National Congress?
Answer:  Avadi Summit

2). In which Plan did the Indian economy managed to cross the barrier of Hindu rate of growth of 3 – 3.5% ?
Answer: Seventh plan

3). How many Miniratnas Category – I companies are there at present ?
Answer: 54

4). What is the punch line of the Twelfth Five Year Plan ?
Answer: Faster, sustainable and inclusive growth

5). Who headed the Committee on Rail Safety ?
Answer: Dr. Anil Kakodkar

6). How many items have been included in the newly released series of Wholesale Price Index with base year 2004 – 05 on 13th September, 2010 ?
Answer: 676

7). Which was the first insurance company in India ?
Answer: Oriental Life Insurance Company in 1818

8). Which were the two Five Year Plans when the set target for the foodgrain production was achieved during the overall plan period ?
Answer: First and Fifth Plan

9). Which sector of the Indian Economy is the second largest provider of the employment after agriculture ?
Answer: Services sector provides 29% employment followed by Industry sector

10). What is the unemployment rate on Current Daily Status (CDS) basis as per the NSSO 66th Round (2009 – 10)?
Answer: 6.6%

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