Objective Questions on Indian Economy

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.

1 In India, present trend of rapid urbanisation is due to?

A) Break up of joint family system B) Abolition of zamindari system C) Lack of employment opportunities in rural areas. D) Influence of cinema and electronic media Answer is required

2 The contribution of agriculture to India's economy is:

A) increasing B) decreasing C) constant D) None of these Answer is required

3 The Reserve Bank of India issues:

A) all the currency notes B) all the currency notes except the one rupee note C) all the currency notes except the hundred rupee note D) only notes of Rs. 10 and above Answer is required

4 In a free economy, inequalities of income are mainly due to ?

A) Free competition B) Private property and inheritance C) Differences in the marginal productivity of labour D) Private property only Answer is required

5 Who advocated the 'PURA' model to eradicate rural poverty?

A) A M Khusro B) M S Swaminathan C) Moulana Abul kalam Azad D) Dr A P J Abdul Kalam Answer is required

6 The earlier name of the WTO was:

A) UNIDO B) UNCTAD C) OECD D) GATT Answer is required

7 Open market operations of a Central Bank are sale and purchase of:

A) foreign currencies B) corporate securities C) trade bills D) government securities Answer is required

8 The National Development Council gets its administrative support from:

A) Planning Commission B) Finance Commission C) Administrative Reforms Commission D) Sarkaria Commission Answer is required

9 What is the effect of Deficit financing?

A) Deflation B) Recession C) Inflation D) Depression Answer is required

10 Which bank is limited to the needs of agriculture and rural finance?

A) RBI B) SBI C) IFC D) NABARD Answer is required

QUIZ ON INDIAN ECONOMICS (OBJECTIVE QUESTIONS)

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

1 In India, present trend of rapid urbanisation is due to?

2 The contribution of agriculture to India's economy is:

3 The Reserve Bank of India issues:

4 In a free economy, inequalities of income are mainly due to ?

5 Who advocated the 'PURA' model to eradicate rural poverty?

6 The earlier name of the WTO was:

7 Open market operations of a Central Bank are sale and purchase of:

8 The National Development Council gets its administrative support from:

9 What is the effect of Deficit financing?

10 Which bank is limited to the needs of agriculture and rural finance?

Economics Quiz Set - 1 to 50

QUIZ ON INDIAN ECONOMICS (OBJECTIVE QUESTIONS)

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

1 In India, present trend of rapid urbanisation is due to?

2 The contribution of agriculture to India's economy is:

3 The Reserve Bank of India issues:

4 In a free economy, inequalities of income are mainly due to ?

5 Who advocated the 'PURA' model to eradicate rural poverty?

6 The earlier name of the WTO was:

7 Open market operations of a Central Bank are sale and purchase of:

8 The National Development Council gets its administrative support from:

9 What is the effect of Deficit financing?

10 Which bank is limited to the needs of agriculture and rural finance?

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Economics Quiz Set - 1 to 50