Practice Economy Questions and Answers

• The principle of indemnity aims to prevent: 
• Under the Minimum Wages act 1948, If a worker in agriculture works more than 9 hours in a day, they are entitled to overtime wages at: 
• Under the Payment of Gratuity Act 1972, When must the employer arrange for the payment of gratuity? 
• Who among the following said “a program of protection provided by Society against the contingencies of modern life sickness, unemployment, old age, depen...
• "ILO Conference No. 87" sometimes seen in the news is related to which of the following?
• For the first time in India, medical benefit as a non-cash benefit was provided under?
• Union Budget 2023-24, Mahila Samman Savings Certificate, new deposit scheme for women will offer a deposit facility upto ___________? 
• Which of the following option is Incorrect about the “ National Savings (Monthly Income Account) Scheme, 2019 ”?
• What is the maximum investment limit in the Senior Citizen Savings Scheme, 2019 after the amendment of the Senior Citizens Savings (Amendment) Scheme, 2023...
• Which of the following statement is/are incorrect about “PRADHAN MANTRI UJJWALA YOJANA (PMUY)” I.         PMUY was launched on May 01, 2016. ...
• Which ministry is responsible for the Deendayal Antyodaya Yojana-National Rural Livelihoods Mission (DAY-NRLM)?
• Which of the following options is incorrect about “Pradhan Mantri Rojgar Protsahan Yojana”?
• Which of the following option is incorrect about “Aatmanirbhar Bharat Rojgar Yojana”?
• What is the main objective of the PENCIL Portal?
• Which ministry is responsible for implementing the Pradhan Mantri YUVA Yojana? 
• When did the Central Plan Scheme for the rehabilitation of bonded labourers start?
• Who among the following Chief Justices of India ordered the constitution of a Special Bench called the 'Social Justice Bench'?
• Which of the following option is incorrect about “PM Swasthya Suraksha Yojana”?
• Who among the following said, "Employee welfare means anything done for the comfort and improvement, intellectual or social, of the employees over and abov...
• This theory of labour welfare is a perspective that emphasizes the role of regulatory mechanisms and enforcement in ensuring labour welfare. It focuses on ...
• Which of the following is responsible for the implementation of “ Atal Bimit Vyakti Kalyan Yojana (Abvky)”?
• Which of the following option is incorrect about “PM Shram Yogi Maan Dhan Yojana”?
• What was the objective of the e-Shram portal launched by the Indian Government in August 2021?
• Which of the following statements is/are incorrect about the “Wholesale Price Index (WPI)”? I.         WPI does not capture changes in the pri...
• With reference to India’s Relations with Singapore, consider the following statements: I.         Singapore is among India's largest trade and i...
• With reference to the Global Financial Innovation Network (GFIN), consider the following statements: I.         It is a consortium of over 80 inte...
• Which of the following statement is/are correct regarding “Foreign Trade Policy 2023”? I.         FTP 2023 aims at process re-engineering and ...
• The Reserve Bank of India is the authority to control inflation through monetary policies. Which of the following tools will the RBI take to curb inflation...
• Which of the following statement is/are incorrect about “Gross Domestic Product”? I.         Gross Domestic Product (GDP) is that income or pr...
• Which of the following countries are a part of Group of Seven (G7) countries? I.         Canada II.         France III.         ...
• Given below are two statements, one is labelled as Assertion (A) and the other as Reason (R): Assertion (A): Keynes considered fiscal policy more significa...
• Which one of the following is at the last position in terms of establishment-
• Given below are two statements, one is labelled as Assertion (A) and the other as Reason (R): Assertion (A): Monetary policy has an indirect effect. Reason...
• According to a report by prominent online blogging platform soic.in,which state in India has emerged as the largest economy with the highest GDP share in t...
• The contribution made by each sector of the economy to GDP is called what?
• The Economic Survey is usually presented _______ before the Union Budget.
• Which of the following is not considered National Debt?
• The main determinant of real wage is:
• Which of the following is not included in the National Income?
• Personal disposable income is :