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

11. Which among the following closest instrument to Gold ETF? 

[A] Debenture
[B] G-Sec security
[C] Mutual Fund
[D] Commercial Paper

Show Answer

12. Which of the following is used to denote broad money? 

[A] M1
[B] M2
[C] M3
[D] M4

Show Answer

13. Which of the following is the apex financial institution responsible for development of Micro, Small and Medium Enterprises in India?


Show Answer

14. Consider the following elements:

  1. Angel investors
  2. Incubators
  3. Crowd funding
  4. Seed accelerators

Which of the above are elements of start-up ecosystem?

[A] 1, 2 & 3 Only
[B] 2, 3 & 4 Only
[C] 1, 3 & 4 Only
[D] 1, 2, 3 & 4

Show Answer

15. What is the full form of EMI?

[A] Equal Monthly Installment
[B] Equated Monthly Installment
[C] Equal Monthly Income
[D] Equated Monthly Incentive

Show Answer

16. Personal Loans are also called as by which of the following names?

[A] Signature Loans
[B] Unsecured Loans
[C] Consumer Loans
[D] All of the Above

Show Answer

17. Which of the following organizations is the Mutual Fund market regulator in India?


Show Answer

18. India has the monopoly in the International market in supply which of the following commodities?

[A] Iron
[B] Bauxite
[C] Mica
[D] Copper

Show Answer

19. Which pay is reckoned as emoluments for pension and gratuity?

[A] Grade pay
[B] Basic pay
[C] Gross pay
[D] None of the above

Show Answer

20. Consider the following statements:
I. If a person looks at a coin which is in a bucket of water, the coin will appear to be closer than it really is.
II. If a person under water looks at a coin above the water surface, the coin will appear to be at a higher level than it really it.
Which of the above statements is/are correct?

[A] I and II
[B] I alone
[C] II alone
[D] Neither I nor II

Show Answer