Indian Economy MCQs

Indian Economy Multiple Choice Questions (MCQs) for State and UPSC Civil Services Examinations. Objective Questions on Indian Economy for competitive examinations.

1. 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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2. Which of the following industries is the not covered in the Index of Eight Core Industries?

[A] Electricity
[B] Crude Oil
[C] Natural Gas
[D] Pharmaceuticals

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3. 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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4. Capitalism is based upon “Laissez-faire system”. What is “Laissez-faire system”?

[A] No governmental intervention
[B] Maximum governmental intervention
[C] Role of Market Forces is Minimum
[D] Limited government Intervention

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5. Which among the following PSU in India specializes in missile and torpedo design and production?

[A] Defense Research and Development Organization
[B] Bharat Electronics Limited
[C] Bharat Dynamics Limited
[D] Hindustan Aeronautics Limited

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6. Which among the following maintains Real Time Gross Settlement?

[A] Reserve Bank of India
[B] Asian Development Bank
[C] World Bank
[D] State Bank of India

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7. Which among the following body in India takes actions against violations & irregularities in foreign currency convertible bonds?

[A] Securities and Exchange Board of India
[B] Reserve Bank of India
[C] Foreign Investment Promotion Board
[D] National Stock Exchange

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8. For how many industries the Industrial licensing was abolished after Economic Reforms in India?

[A] 18 industries
[B] 25 industries
[C] 50 industries
[D] All Industries except 18

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9. The full members of which among the following organizations are mostly described as high-income economies?

[A] APEC
[B] OECD
[C] CIS
[D] UNIDO

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10. Hundies are normally __________?

[A] Cheque
[B] Bills of Exchanges
[C] Bills of Purchase
[D] Bills of Lading

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