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.

11. What is India’s current global ranking in cotton production?
[A] First
[B] Second
[C] Third
[D] Fourth

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12. In what form do banks maintain CRR with the RBI?
[A] Cash
[B] Government Securities
[C] Gold
[D] All of the above

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13. World Tourism Day is celebrated on which of the following days?
[A] September 12
[B] September 25
[C] September 29
[D] September 27

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14. What happens to corporate bond with a fixed interest rate, if interest rates in nation increase?
[A] decrease in value
[B] Be returned to corporation
[C] remain unchanged
[D] increase in value

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15. Which trade agreement has India finalized with the European Union recently? (UPSC Prelims 1984)
[A] Rupee trade
[B] Free Trade Agreement (FTA)
[C] Barter trade
[D] Unilateral trade

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16. Capitalist economic system is the feature of which of these countries?
[A] USA
[B] China
[C] Russia
[D] India

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17. Which sector in India achieved double-digit growth in FY 2023-24?
[A] Agriculture sector
[B] Mining sector
[C] Manufacturing sector
[D] Service sector

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18. On which date, NITI Aayog was established?
[A] 1 January 2015
[B] 25 January 2016
[C] 14 May 2014
[D] 1 July 2015

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19. Which of the following is / are type(s) of Gene Modification of seed?

  1. Mutation of genes
  2. Insertion of genes
  3. Deletion of genes

Choose the correct option from codes given below:

[A] 1,2 and 3
[B] 1 and 2 only
[C] 2 only
[D] 1 and 3 only

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20. Which country is currently the world’s top producer of pulses?
[A] Myanmar
[B] Canada
[C] India
[D] China

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