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. A persistent fall in the general price level of goods and services is known as __:
[A] Deflation
[B] Disinflation
[C] Stagflation
[D] Depression

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2. Which among the following is First Indian Special Economic Zone(SEZ)? 
[A] Visakhapatnam SEZ
[B] Kandla SEZ
[C] Noida Special Economic Zone
[D] Cochin SEZ

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3. Which among the following is the main feature of Democratic planning?
[A] Inducement
[B] Government
[C] Direction
[D] Flexibility

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4. When a loan provided by a group of lenders and is structured, arranged, and administered by one or several commercial or investment banks, it is called as __?
[A] Loan shark
[B] Loan Syndication
[C] Loan covenant
[D] Package loan

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5. Which body regulates housing finance companies (HFCs) in India?
[A] Reserve Bank of India (RBI)
[B] National Housing Bank (NHB)
[C] Housing Development Finance Corporation
[D] State Housing Development Boards

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6. Which is the biggest borrower in India?
[A] Indian Government
[B] Reserve Bank of India
[C] Indian Railways
[D] State Governments

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7. Which of the following was target in Integrated Action Plan (IAP)?
[A] Drought
[B] Terrorism
[C] Left Wing Extremism
[D] Widespread Poverty

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8. Which is the oldest public sector bank in India?
[A] Punjab National Bank
[B] Imperial Bank of India
[C] Allahabad Bank
[D] Central Bank of India

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9. Which among the following is a nearest term to Pay Order?
[A] Bank Draft
[B] Banker’s Cheque
[C] Bill of Exchange
[D] Promissory Note

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10. Who publishes the annual Global Systemically Important Banks (G-SIBs) list?
[A] World Bank
[B] International Monetary Fund
[C] European Central Bank
[D] Financial Stability Board with Basel Committee

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