Indian Economy MCQs

Indian Economy Multiple Choice Questions (MCQs) for SSC, State and all One Day Examinations of India. Objective Questions on Indian Economy for competitive examinations.

1. Which is India’s largest nuclear power plant by installed capacity?
[A] Kaiga Nuclear Power Plant
[B] Kudankulam Nuclear Power Plant
[C] Kakrapar Nuclear Power Plant
[D] Tarapur Nuclear Power Station

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2. Which among the following is considered to be the best measure of an increase in a country’s economic efficiency?
[A] Increase in annual private investment
[B] Increase in real national income
[C] Increase in real per capita income
[D] Increase in net annual investment

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3. Which organization currently calculates and publishes LIBOR?
[A] Intercontinental Exchange (ICE) and Refinitiv
[B] Bank of England
[C] European Banking Federation
[D] European Central Bank

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4. Hindustan Shipyard Limited is located at?
[A] Kochi
[B] Mumbai
[C] Vishakaptnam
[D] Chennai

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5. Which state led sugarcane production in India in 2023–24?
[A] Uttar Pradesh
[B] Maharashtra
[C] Tamil Nadu
[D] Andhra Pradesh

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6. Which of the following took birth from the Marrakech Agreement?
[A] World Economic Forum
[B] World Trade organization
[C] OPEC
[D] G-20

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7. Consider the following statements about the Government Securities (G-sec) market in India:

  1. Speculation exists in the G-sec market, particularly through activities such as margin trading and short-term position trading.
  2. Institutional investors dominate the G-sec market, accounting for the majority of trading volume.

Which of the above statements is/are correct?

[A] Only 1 is correct
[B] Only 2 is correct
[C] Both 1 and 2 are correct
[D] Neither 1 nor 2 is correct

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8. Consider the following:

  1. Allotting of the shares of net proceeds of taxes
  2. Laying down principles governing grants in aid
  3. Looking into the financial relations between the central government and the state Governments

The above mentioned functions are carried out by which among the following?

[A] Cabinet Committee on Economic Affairs
[B] National Development Council
[C] Finance Commission
[D] NITI Aayog

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9. In which among the following types comes the Interest Rate Risk?
[A] Credit risk
[B] Market risk
[C] Operational risk
[D] All the above categories

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10. Where can popular tourist attractions such as Chatham Saw Mill, Wandoor Beach, Mount Harriet and Limestone Caves be found?
[A] Goa
[B] Andaman and Nicobar Islands
[C] Lakshadweep
[D] Tamil Nadu

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