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QUIZ ON INDIAN ECONOMICS (OBJECTIVE QUESTIONS)


Questions related to Indian Economics are always asked in every competitive examinations conducted by SSC CGL, UPSC, PSC, LIC, GIC, Railways, IBPS, etc. The main objective of these questions is to test the candidate's knowledge in the subject Economics, specially Indian Economics. For this purpose we have provided more than 100 objective questions on Indian Economy with answers for the candidates to enhance their knowledge in this area. All these questions had already been asked in various competitive examinations such as SSC CGL, SSC CHSL, SSC TAX ASSISTANT, UPSC, BANK CLERK, BANK PO, CDS, NDA, CPO, PSC, LIC, GIC, RAILWAYS, etc.


Take 10 Questions Online Quiz (objective questions) on Indian Economy below:


1) Development expenditure of the Central government does not include?
A) Expenditure on economic services
B) Defence expenditure
C) Grant to states
D) Expenditure on social and community services

2) In which one of the following activities percentage share of cooperative sector is the highest?
A) Agricultural Credit disbursement
B) Sugar production
C) Fertilizer distribution
D) Handlooms

3) Which of the following is the Banker of the Banks?
A) IDBI
B) SBI
C) RBI
D) SEBI

4) The Planning Commission of India: (1) was set up in 1950, (2) is a constitutional body, (3) is an advisory body, (4) is a government department.
A) 1 and 2
B) 2 and 3
C) 1 and 3
D) 3 only

5) Price rigidity is the feature of
A) Perfect competitive competition
B) Monopoly
C) Oligopoly
D) Monopolistic competition

6) The highest denomination of currency notes in circulation as legal tender in India is at present:
A) Rs 100
B) Rs 500
C) Rs 1000
D) Rs 2000

7) Which of the following is not a Direct Tax?
A) Sales Tax
B) Income Tax
C) Wealth Tax
D) Estate Duty

8) Which of the following is/are treated as artificial currency?
A) ADR
B) GDR
C) SDR
D) Both ADR and SDR

9) National Development Council was set up in:
A) 1948
B) 1950
C) 1951
D) 1952

10) The Slack Season in the Indian Economy is?
A) Feb - Apr
B) Mar - Apr
C) Jan - June
D) Sep - Dec