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
71. Gross domestic savings as a proportion of GDP has been improving. What is the average percentage of gross domestic savings proposed during the 11th plan ?
- 26·4%
- 31·9%
- 34·8%
- 35·2%
72. 12th Finance Commission has recommended to merge and determine one single interest rate on various outstanding central loans to states having different interest rates. What is this recommended interest rate ?
- 7·0%
- 7·5%
- 8·0%
- 8·5%
73. MRTP is related to-
- Monopoly and trade restrictions
- Inflation control
- Transport control
- Foreign Exchange Regulations
74. Interest Rate Policy is a part of-
- Fiscal Policy
- Industrial Policy
- Monetary Policy
- None of these
75. The basis of determining dearness allowance to employees in India is-
- National Income
- Consumer Price Index
- Standard of Living
- Per Capita Income
76. Competition (Amendment) Bill, 2007 has replaced-
- VAT
- MRTPC
- Securities Contracts (Regulation) Bill, 2005
- Electricity Act, 2003
77. A bill has been introduced in the Parliament to raise SBI authorised capital from Rs. 20 crore to-
- Rs. 50 crore
- Rs. 1000 crore
- Rs. 2000 crore
- Rs. 5000 crore
78. The total Foreign Direct Investment (FDI) during 2008-09 has been targeted at-
- $ 25 billion
- $ 35 billion
- $ 45 billion
- $ 50 billion
79. National Electricity Policy envisages elimination of power shortage by 2012 through addition of …… during 10th and 11th plan periods.
- 50000 MW
- 75000 MW
- 100000 MW
- 125000 MW
80. ‘Priyadarshini Project’ is related to-
- Empowerment of Rural women
- Survival of Girl Child
- Free Education to all girls
- None of the above