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 Which of the following authority regulates insurance business in India?

A) SEBI B) RBI C) IRDA D) CII Answer is required

2 The period of high inflation and low economic growth is termed as:

A) stagnation B) take-off stage in economy C) stagflation D) None of these Answer is required

3 The effect of inflation on tax revenue results in a situation known as :

A) stagflation B) fiscaldrag C) reflation D) disinflation Answer is required

4 Which Five-Year Plan was terminated before the completion of its period?

A) Fifth B) Sixth C) Seventh D) Eight Answer is required

5 Deficit Financing means that the government borrows money from the?

A) Reserve Bank of India B) Asian Development Bank C) World Bank D) International Monetary Fund Answer is required

6 Nationalisation of banks was done with the purpose of:

A) financing the industries B) improving credit facilities C) consolidating the economy D) improving security of deposits Answer is required

7 As on 2013, Foreign Direct Investment(FDI) ceilings in the telecom sector is?

A) 49 percent B) 50 percent C) 75 percent D) 100 percent Answer is required

8 A Scheduled Bank is one which is included in the:

A) II Schedule of Banking Regulation Act B) II Schedule of Constitution C) II Schedule of Reserve Bank of India Act D) None of these Answer is required

9 Which of the following is the Banker of the Banks?

A) IDBI B) SBI C) RBI D) SEBI Answer is required

10 A good method of providing employment to rural labor and utilizing it fully is through?

A) Rural industries B) Agriculture C) Public works programmes D) Cattle rearing Answer is required

QUIZ ON INDIAN ECONOMICS (OBJECTIVE QUESTIONS)

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

1 Which of the following authority regulates insurance business in India?

2 The period of high inflation and low economic growth is termed as:

3 The effect of inflation on tax revenue results in a situation known as :

4 Which Five-Year Plan was terminated before the completion of its period?

5 Deficit Financing means that the government borrows money from the?

6 Nationalisation of banks was done with the purpose of:

7 As on 2013, Foreign Direct Investment(FDI) ceilings in the telecom sector is?

8 A Scheduled Bank is one which is included in the:

9 Which of the following is the Banker of the Banks?

10 A good method of providing employment to rural labor and utilizing it fully is through?

Economics Quiz Set - 1 to 50

QUIZ ON INDIAN ECONOMICS (OBJECTIVE QUESTIONS)

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

1 Which of the following authority regulates insurance business in India?

2 The period of high inflation and low economic growth is termed as:

3 The effect of inflation on tax revenue results in a situation known as :

4 Which Five-Year Plan was terminated before the completion of its period?

5 Deficit Financing means that the government borrows money from the?

6 Nationalisation of banks was done with the purpose of:

7 As on 2013, Foreign Direct Investment(FDI) ceilings in the telecom sector is?

8 A Scheduled Bank is one which is included in the:

9 Which of the following is the Banker of the Banks?

10 A good method of providing employment to rural labor and utilizing it fully is through?

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Economics Quiz Set - 1 to 50