Indian economy previous year questions for Central and State exams

C.V.S ACADEMY

INDIAN ECONOMY practice MCQS with Answers for APPSC & SSC CGL and CHSL 2022

Basing on previous year question papers 

1. The Panchayat Samiti remains accountable for its functions to (SSC CGL 1st Sit. 2015)

(a) The Gram Panchayats and Gram Sabhas
(b) Zilla Parishads
(c) Anchal Panchayats
(d) Janpad Panchayats

ANS (B)

2. The one rupee note bears the signature of : (SSC CGL 1st Sit. 2015)

(a) Governor, Reserver Bank of India
(b) Finance Minister
(c) Secretary, Ministry of Finance
(d) None of these

ANS (D)

3. NABARD stands for (SSC CGL 1st Sit. 2015)

(a) National business for Accounting and Reviewing
(b) National Bank for Agriculture and Rural Development
(c) National Bank for Aeronautics and Radar Development
(d) National Bureau for Air and Road Transport

ANS (B)

4. Surplus budget is recommended during : (SSC CGL 1st Sit. 2015)

(a) Depression
(b) Boom
(c) War
(d) Famines

ANS (B)

5. Economic profit or normal profit is the same as : (SSC CGL 1st Sit. 2015)

(a) accounting profit
(b) optimum profit
(c) net profit
(d) maximum profit

ANS (B)

6. CENVAT is related to which of the following ? (SSC CGL 1st Sit. 2016)

(a) Sales Tax
(b) Excise Duty
(c) Custom Duty
(d) Service Tax

ANS (C)

7. Malthusian theory is associated with which of the following ? (SSC CGL 1st Sit. 2016)

(a) Poverty
(b) Employment
(c) Diseases
(d) Population

ANS (D)

8. Which is the parameter for the economic development ?(SSC CGL 1st Sit. 2016)

(a) Per capita monetary income
(b) National income
(c) Per capita rural income
(d) Population

ANS (B)

9. A ‘Market Economy’ is one which (SSC CGL 1st Sit. 2016)

(a) is controlled by the Government
(b) is free from the Government control
(c) in influenced by international market forces
(d) All of these

ANS (B)

10. Regional Rural Banks are sponsored by (SSC CGL 1st Sit. 2016)

(a) Nationalised Commercial Bank
(b) Reserve Bank of India
(c) State Bank of India
(d) Government of India

ANS (A)

SSC CGL ADMIT CARDS OUT 2021 :- 

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