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
61. The main objective of TRYSEM was-
- To train rural youth for self employment
- To train urban youth for self employment
- Both of the above
- None of these
62. The establishment of IORARC (Indian Ocean Rim Association for Regional Cooperation) was officially declared on-
- March 5, 1996
- March 5, 1997
- April 1, 1997
- August 15, 1947
63. Inside Trading is related to-
- Share Market
- Horse racing
- Taxation
- Public Expenditure
64. The largest source of National Income in India is-
- Service Sector
- Agriculture
- Industrial Sector
- Trade Sector
65. ‘Public Sector’ means-
- Government ownership on commerce and trade
- Capitalist ownership on commerce and trade
- Private ownership on trade
- None of these
67. Indian Green Revolution is the most successful in-
- Wheat and Potato
- Jwar and Oil Seeds
- Wheat and Rice
- Tea and Coffee
68. The period of 10th plan in India was-
- 2000-2005
- 2001-2006
- 2002-2007
- 2003-2008
69. Economic Planning is in-
- Union list
- State list
- Concurrent list
- Not any specified list