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. These questions are part of GKToday’s 35000+ MCQs Bank Course in GKToday Android App

1. Which of the following is/are Money Market Instruments?

[A] Treasury Bills
[B] Commercial Papers
[C] Certificate of Deposits
[D] All of the above

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2. At which of the following places, printing press of Reserve Bank of India is not present?

[A] Nashik
[B] Dewas
[C] Salboni
[D] Mumbai

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3. Which of the following is NOT related to the World Trade Organization (WTO)?

[A] Multifiber Agreement
[B] General Agreement on Trade and Services
[C] Multilateral Agreement on Investment
[D] Agreement on Agriculture

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4. 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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5. Which among the following is correct about Giffin Goods?

[A] They obey laws of demand
[B] They don’t obey laws of demand
[C] They follow elasticity of demand
[D] The demand supply curve of Giffin Goods is a parabola

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6. At which of the following places steam engines were originally manufactured by India Railway ?

[A] Varanasi
[B] Perambur
[C] Chittranjan
[D] Patiala

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7. Progressive Taxation is most closely associated to the base which the tax proposals are generally developed is ______?

[A] Expediency Theory
[B] Cost of service approach
[C] Ability to pay approach
[D] Concentration approach

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8. In which of the following the term “cap and trade” is used?

[A] Share Broking
[B] Mutual Fund Investments
[C] Emission Trading
[D] Commodity Futures

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9. Which among the following groups of Banks in India was previously referred as ‘Other Scheduled Commercial Banks’?

[A] National Banks
[B] Foreign Banks
[C] Scheduled Cooperative Banks
[D] Private Banks

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10. The most active segment of the Money Market in India is which one of the following?

[A] Call Money / Notice Money Market
[B] Repo / Reverse Repo
[C] Commercial Paper (CP)
[D] Certificate of Deposit (CD)

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