Economics

Economics is an important and scoring section of General Knowledge for competitive examinations such as SSC, Banking, Railways, Defence, UPSC and State government exams. Questions from Economics are regularly asked from topics like Indian Economy, National Income, Inflation, Banking System, Budget, Taxation, Poverty, Employment, Agriculture, Industry and Economic Reforms. With a clear understanding of basic economic concepts, this subject becomes easy to score.
On this page, you will find a comprehensive collection of Economics GK questions in Hindi and English (Bilingual) with correct answers and simple explanations. These MCQs are prepared according to the latest exam pattern and based on previous year questions, making them highly useful for daily practice and quick revision. Bilingual questions help both Hindi medium and English medium candidates to strengthen their concepts effectively.
Regular practice of Economics MCQs improves analytical ability and helps in better understanding of current economic issues. These questions are extremely useful for aspirants preparing for SSC GD, SSC CGL, CHSL, Banking, RRB, NDA, CDS and other State-level competitive exams. Practice Economics MCQs daily to strengthen your GK preparation and improve your exam performance.

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RBI was granted statutory powers to control foreign exchange through the Foreign Exchange Regulation Act (FERA) in which year?

RBI was granted statutory powers to control foreign exchange through the Foreign Exchange Regulation Act (FERA) in which year? рдЖрд░. рдмреА. рдЖрдИ. (RBI) рдХреЛ, рд╡рд┐рджреЗрд╢реА рдореБрджреНрд░рд╛ рд╡рд┐рдирд┐рдпрдорди рдЕрдзрд┐рдирд┐рдпрдо (FERA) _____________рджреНрд╡рд╛рд░рд╛ рдореБрджреНрд░рд╛ рд╡рд┐рдирд┐рдордп рдирд┐рдпрдВрддреНрд░рдг рд╣реЗрддреБ рд╡реИрдзрд╛рдирд┐рдХ рд╢рд╛рдХреНрддрд┐рдпрд╛рдВ рдкреНрд░рджрд╛рди рдХреА рдЧрдИ рдереАрдВред  

RBI was granted statutory powers to control foreign exchange through the Foreign Exchange Regulation Act (FERA) in which year? Read More ┬╗

On which date was the Goods and Services Tax (GST) implemented in India?

On which date was the Goods and Services Tax (GST) implemented in India? рднрд╛рд░рдд рдореЗрдВ рд╡рд╕реНрддреБ рдПрд╡рдВ рд╕реЗрд╡рд╛ рдХрд░ (GST)рдХрд┐рд╕ рддрд┐рдерд┐ рдХреЛ рд▓рд╛рдЧреВ рдХрд┐рдпрд╛ рдЧрдпрд╛?

On which date was the Goods and Services Tax (GST) implemented in India? Read More ┬╗

What was the theme of the Ninth Five-Year Plan among the following?

What was the theme of the Ninth Five-Year Plan among the following? рдирд┐рдореНрдирд▓рд┐рдЦрд┐рдд рдореЗрдВ рд╕реЗ рдХреНрдпрд╛ рдиреМрд╡реАрдВ рдкрдВрдЪрд╡рд░реНрд╖реАрдп рдпреЛрдЬрдирд╛ рдХрд╛ рд╡рд┐рд╖рдп рдерд╛?

What was the theme of the Ninth Five-Year Plan among the following? Read More ┬╗

Which one of the following defines elderly dependency ratio?

Which one of the following defines elderly dependency ratio? рдирд┐рдореНрдирд▓рд┐рдЦрд┐рдд рдореЗрдВ рд╕реЗ рдХреМрди – рд╕рд╛ рд╡реГрджреНрдз рдЖрд╢реНрд░рд┐рдд рдЕрдиреБрдкрд╛рдд рдХреЛ рдкрд░рд┐рднрд╛рд╖рд┐рдд рдХрд░рддрд╛ рд╣реИ?

Which one of the following defines elderly dependency ratio? Read More ┬╗

Which Finance Minister in 1991 initiated a series of reforms that liberalized the Indian economy and put the country on a path of strong growth?

Which Finance Minister in 1991 initiated a series of reforms that liberalized the Indian economy and put the country on a path of strong growth? 1991 рдореЗрдВ рдХрд┐рд╕ рд╡рд┐рддреНрдд рдордВрддреНрд░реА рдиреЗ рд╕реБрдзрд╛рд░реЛрдВ рдХреА рдПрдХ рд╢реНрд░реГрдВрдЦрд▓рд╛ рд╢реБрд░реВ рдХреА рдЬрд┐рд╕рдиреЗ рднрд╛рд░рддреАрдп рдЕрд░реНрдерд╡реНрдпрд╡рд╕реНрдерд╛ рдХреЛ рдореБрдХреНрдд рдХрд┐рдпрд╛ рдФрд░ рджреЗрд╢ рдХреЛ рдордЬрдмреВрдд рд╡рд┐рдХрд╛рд╕ рдкрде рдкрд░ рдЖрдЧреЗ рдмрдврд╝рд╛рдпрд╛?

Which Finance Minister in 1991 initiated a series of reforms that liberalized the Indian economy and put the country on a path of strong growth? Read More ┬╗

What type of unemployment arises when there is a mismatch between skills and job expectations?

What type of unemployment arises when there is a mismatch between skills and job expectations? рдХреМрд╢рд▓ рдФрд░ рдиреМрдХрд░реА рдХреА рдЕрдкреЗрдХреНрд╖рд╛рдУрдВ рдХреЗ рдмреАрдЪ рдЕрд╕рдВрдЧрддрддрд╛ рд╣реЛрдиреЗ рдкрд░ рдХрд┐рд╕ рдкреНрд░рдХрд╛рд░ рдХреА рдмреЗрд░реЛрдЬрдЧрд╛рд░реА рдЙрддреНрдкрдиреНрди рд╣реЛрддреА рд╣реИ?

What type of unemployment arises when there is a mismatch between skills and job expectations? Read More ┬╗

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