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. What is India’s rank in the Travel and Tourism Development Index 2024?
[A] 34th
[B] 54th
[C] 38th
[D] 39th

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2. Which industry is not part of the Index of Eight Core Industries?
[A] Electricity
[B] Crude Oil
[C] Natural Gas
[D] Pharmaceuticals

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3. Which Indian state is the top producer of large cardamom?
[A] Kerala
[B] Sikkim
[C] Assam
[D] Gujarat

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4. Which among the following does not come under the monetary policy for regulating the economy?
[A] Discount rate
[B] Government spending
[C] reserve requirement
[D] Open market Operations

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5. Which tool absorbs excess liquidity from banks most effectively?
[A] Repo Rate
[B] Cash Reserve Ratio (CRR)
[C] Prime Lending Rate
[D] Statutory Liquidity Ratio (SLR)

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6. In which financial year did Seed Crop Insurance start in India?
[A] 1999-2000
[B] 2000-2001
[C] 2001-2002
[D] 2002-2003

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7. The Public Debt Office acts as investment banker to which entity?
[A] Public
[B] Commercial Banks
[C] Central Bank
[D] Government

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8. Who among these is thought of as a Pioneer of Economic Nationalism?
[A] Madan Mohan Malviya
[B] R.C. Dutt
[C] Bipin Chandra Pal
[D] G.K. Gokhale

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9. Which is NOT an anti-inflationary measure by the central bank?
[A] Raising the Bank Rates
[B] Raising Reserve Ratio Requirements
[C] Rationing of Credit
[D] Purchase of securities in Open Markets

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10. Which monetary aggregate is defined as broad money in India?
[A] M1
[B] M2
[C] M3
[D] M4

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