Economics MCQ Questions and Answers

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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

Showing 10 of 146 questions

51. Which bank in India performs duties of Central Bank ?

  • Central Bank of India
  • State Bank of India
  • Reserve Bank of India
  • Above (A) and (B)
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52. Out of one Rupee expenditure, how much paise have been allotted for subsidy in 2009-10 interim budget proposals ?

  • 12 paise
  • 10 paise
  • 9 paise
  • 7 paise
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53. ‘India Brand Equity Fund’ was established in-

  • 1996
  • 1997
  • 1995
  • 1992
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54. Mixed Economy means-

  • Co-existence of small and large industries
  • Promoting both Agriculture and Industries in the economy
  • Co-existence of public and private sectors
  • Co-existence of rich and poor
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55. Ministry of HRD has announced to hike FDI limit in Education to-

  • 65%
  • 70%
  • 75%
  • 100%
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56. ‘Pure Banking, Nothing Else’ is a slogan raised by-

  • ICICI Bank
  • HDFC Bank
  • SBI
  • UTI Bank
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57. In the end of March 2008, External debt to GDP ratio in India stood at-

  • 18·8%
  • 17·4%
  • 17·8%
  • 15·8%
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58. Indian State having the lowest Infant Mortality Rate is-

  • Maharashtra
  • Goa
  • Gujarat
  • Kerala
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59. ‘Smart Money’ is a term used for-

  • Internet Banking
  • Credit Card
  • Cash with Bank
  • Cash with Public
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60. Which of the following has the maximum share in GSM Mobile Phone Service Market ?

  • Vodafone (earlier Hutch)
  • Airtel
  • BSNL
  • Reliance
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