Economics MCQ Questions and Answers
Economics MCQ Questions with Answers are essential for candidates preparing for competitive exams like UPSC, SSC CGL, and RBI Grade B. These aptitude questions cover vital economic concepts including demand-supply, national income, fiscal policy, inflation, and international trade. Each question tests both theoretical understanding and practical application, ensuring candidates are ready for objective-type exams. Practicing aptitude questions with answers and explanations helps in revising economic fundamentals quickly. Whether you are a student, job aspirant, or exam enthusiast, this comprehensive economics MCQ set is perfect for self-assessment. Strengthen your general awareness and problem-solving ability by practicing free economics tests or downloading the solutions PDF.
Economics MCQ
21. Foreign Trade Policy 2009-10 document fixes the export target for 2009-10 as-
- $ 140 billion
- $ 175 billion
- $ 150 billion
- $ 200 billion
22. Gross Budgetary Support (GBS) for 2008–09 as per document of 11th plan stands at Rs. 2,28,725 crore but in budget proposals for 2008–09 it was raised to-
- Rs. 2,23,386 crore
- Rs. 2,43,386 crore
- Rs. 2,63,386 crore
- Rs. 28,456 crore
23. The base year of Industrial Production Index is being shifted from 1993-94 to-
- 2004-05
- 1999
- 2000-01
- 1999-2000
24. In Interim Budget proposals for 2009–10, which of the following gives 22% contribution in revenue collection of union government ?
- Income Tax
- Excise
- Corporation Tax
- Non-tax Revenue
25. The base year of present Consumer Price Index (CPI) for Urban Non-Manual Employees (CPI-UNME) is-
- 1980-81
- 1981-82
- 1982-83
- 1984-85
26. CAPART is related with-
- Assisting and evaluating rural welfare programmes
- Computer hardware
- Consultant service of export promotion
- Controlling pollution in big industries
27. Note issuing deptt. of RBI should always possess the minimum gold stock of worth-
- Rs. 85 crore
- Rs. 115 crore
- Rs. 200 crore
- None of these
28. Which of the following does not grant any tax rebate ?
- National Saving Certificate
- Indira Vikas Patra
- National Saving Scheme
- Public Providend Fund
29. Ad hoc Treasury Bill System of meeting budget deficit in India was abolished on-
- 31 March, 1997
- 31 March, 1996
- 1 April, 1992
- 1 April, 1995