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50 Multiple Choice Questions (MCQ) on Indian Economics.

Questions related to Indian Economics are asked in various competitive examinations conducted by SSC, UPSC, PSC, LIC, GIC, Railways, IBPS, etc. The main objective of these questions is to test the candidate's knowledge in the subject - Economics, particularly Indian Economy.

Candidates who wants to test their preparation in the topic - Indian Economics, we have provided below 50 Important Multiple Choice Questions (MCQ) on Indian Economics. These questions on economics have already been asked in various competitive examinations.

Model Test Paper-2

1 Economic Planning is a subject:

2 Economic planning is an essential feature of ?

3 'Economic Planning' refers to ?

4 Economic survey is published by :

5 Equilibrium of the monopolistic firm

6 Estimates of national income in India are prepared by the?

7 Excise Duty is a tax levied on the?

8 EXIM Bank was set-up in the year:

9 Fiscal Deficit in the Union Budget means?

10 Fiscal Policy is connected with?

11 For internal financing of Five Year Plans, the government depends on:

12 For regulation of the Insurance Trade in the country the Government has formed:

13 Fresh evaluation of every item of expenditure from the very beginning of each financial year is called ?

14 From which country India adopted the Five Year Plans?

15 Gilt-edged market means?

16 Globalisation of Indian Economy means:

17 Goa's economy is mainly based on ?

18 Government imposes taxes to ?

19 Gross domestic capital formation is defined as?

20 Gross Domestic Product (GDP) is the monetary value of?

21 Growth rate of population means

22 Hard Currency is defined as currency:

23 If the price of an inferior good falls, then its demand

24 If the RBI adopts an expansionist open market operations policy, this means that it will?

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

26 In equilibrium, a perfectly competitive firm will equate

27 In estimating the budgetary deficit, the official approach in India is to exclude

28 In general our five year plans aim at making our country to attain the status of a/an?

29 In India largest share of revenue comes from?

30 In India which of the following measures of Money denotes the Broad Money ?

31 In India, the bank NABARD does not provide refinance to :

32 In India, the first bank of limited liability managed by Indians and founded in 1881 was:

33 In India, which of the following have the highest share in the disbursement of credit to agriculture and allied activities?

34 In India, Inflation is measured by the?

35 In India, Paper Currency first started in the year?

36 In India, present trend of rapid urbanisation is due to:

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

38 In India, the concepts of Minimum Heeds and Directed Anti-poverty Programmes were the innovations of:

39 In India, the first bank of limited liability managed by Indians and founded in the year 1881 was?

40 In India, the interest rate on savings accounts in all the nationalised commercial banks is fixed by

41 The place where bankers meet and settle their mutual claims and accounts is known as:

42 In India, the Public Sector is most dominant in?

43 In India, which of the following affects poverty line the most?

44 In the context of India's Five Year Plans, a shift in the pattern of industrialization, with lower emphasis on heavy industries and more on infrastructure begins in:

45 In the last one decade, which one among the following sectors has attracted the highest foreign direct investment(FDI) inflows into India?

46 In the second phase of nationalization of commercial banks, how many banks were nationalized?

47 In the terms of economics, the recession occurring two times with a small gap in between is known as:

48 In the year 1969 how many banks were nationalised?

49 In which of the Five Year Plans, preference was given to the weaker sections of the society?

50 In which one of the following five year plans the actual growth performance in India in respect of GDP (at factor cost) was less than the target set?