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.

ЁЯФ╣ Internal Links

тЬЕ Back to GK Main Page

тЬЕ Indian Polity GK Questions

тЬЕ Geography GK Questions

Which of the following attributes is generally present in a perfectly competitive market?

Which of the following attributes is generally present in a perfectly competitive market? рдирд┐рдореНрдирд▓рд┐рдЦрд┐рдд рдореЗрдВ рд╕реЗ рдХреМрди-рд╕реА рд╡рд┐рд╢реЗрд╖рддрд╛рдПрдБ рд╕рд╛рдорд╛рдиреНрдпрддрдГ рдкреВрд░реНрдгрдд: рдкреНрд░рддрд┐рд╕реНрдкрд░реНрдзреА рдмрд╛рдЬрд╛рд░ рдореЗрдВ рдкрд╛рдИ рдЬрд╛рддреА рд╣реИ?

Which of the following attributes is generally present in a perfectly competitive market? Read More ┬╗

Which of the following statements regarding small scale industries in India is Correct?

Which of the following statements regarding small scale industries in India is Correct? рднрд╛рд░рдд рдореЗрдВ рд▓рдШреБ рдЙрджреНрдпреЛрдЧреЛрдВ рдХреЗ рд╕рдВрдмрдВрдз рдореЗрдВ рдирд┐рдореНрдирд▓рд┐рдЦрд┐рдд рдореЗрдВ рд╕реЗ рдХреМрди-рд╕рд╛ рдХрдерди рд╕рд╣реА рд╣реИ?

Which of the following statements regarding small scale industries in India is Correct? Read More ┬╗

Which of the following was a defining feature of India’s mixed economy model during the five Year Plan period?

Which of the following was a defining feature of India’s mixed economy model during the five Year Plan period? рдкрд╛рдБрдЪ рд╡рд░реНрд╖реАрдп рдпреЛрдЬрдирд╛ рдЕрд╡рдзрд┐ рдХреЗ рджреМрд░рд╛рди рднрд╛рд░рдд рдХреЗ рдорд┐рд╢реНрд░рд┐рдд рдЕрд░реНрдерд╡реНрдпрд╡рд╕реНрдерд╛ рдореЙрдбрд▓ рдХреА рдкреНрд░рдореБрдЦ рд╡рд┐рд╢реЗрд╖рддрд╛ рдХреМрди-рд╕реА рдереА?

Which of the following was a defining feature of India’s mixed economy model during the five Year Plan period? Read More ┬╗

Devaluation of the rupee in 1991 improved export competitiveness.

Read the following statements carefully and choose the correct option regarding Assertion (A) and Reason(R). Assertion (A): Devaluation of the rupee in 1991 improved export competitiveness. Reason (R): A weaker rupee made Indian goods cheaper in global markets. рдирд┐рдореНрдирд▓рд┐рдЦрд┐рдд рдХрдердиреЛрдВ рдХреЛ рдзреНрдпрд╛рдирдкреВрд░реНрд╡рдХ рдкрдврд╝реЗрдВ рдФрд░ рдЕрднрд┐рдХрдерди (A) рдФрд░ рдХрд╛рд░рдг (R) рдХреЗ рд╕рдВрдмрдВрдз рдореЗрдВ рд╕рд╣реА рд╡рд┐рдХрд▓реНрдк рдЪреБрдиреЗрдВ:

Devaluation of the rupee in 1991 improved export competitiveness. Read More ┬╗

India Post Payments Bank uses which technology for cashless withdrawal?

India Post Payments Bank uses which technology for cashless withdrawal? рдЗрдВрдбрд┐рдпрд╛ рдкреЛрд╕реНрдЯ рдкреЗрдореЗрдВрдЯреНрд╕ рдмреИрдВрдХ рдХреМрд╢рд▓реЗрд╕ рдирд┐рдХрд╛рд╕реА рдХреЗ рд▓рд┐рдП рдХрд┐рд╕ рддрдХрдиреАрдХ рдХрд╛ рдЙрдкрдпреЛрдЧ рдХрд░рддрд╛ рд╣реИ?

India Post Payments Bank uses which technology for cashless withdrawal? Read More ┬╗

The second five -year plan was primarily based on which economic model?

The second five -year plan was primarily based on which economic model? рджреНрд╡рд┐рддреАрдп рдкрдВрдЪрд╡рд░реНрд╖реАрдп рдпреЛрдЬрдирд╛ рдореБрдЦреНрдп рд░реВрдк рд╕реЗ рдХрд┐рд╕ рдЖрд░реНрдерд┐рдХ рдореЙрдбрд▓ рдкрд░ рдЖрдзрд╛рд░рд┐рдд рдереА?

The second five -year plan was primarily based on which economic model? Read More ┬╗

How┬а would one characterize the trajectory of India’s industrial sector during the five – year plans up to 1990?

How┬а would one characterize the trajectory of India’s industrial sector during the five – year plans up to 1990? 1990 рддрдХ рдкрдВрдЪрд╡рд░реНрд╖реАрдп рдпреЛрдЬрдирд╛рдУрдВ рдХреЗ рджреМрд░рд╛рди рднрд╛рд░рдд рдХреЗ рдФрджреНрдпреЛрдЧрд┐рдХ рдХреНрд╖реЗрддреНрд░ рдХреА рдкреНрд░рдЧрддрд┐ рдХреЛ рдХрд┐рд╕ рдкреНрд░рдХрд╛рд░ рд╡рд░реНрдгрд┐рдд рдХрд┐рдпрд╛ рдЬрд╛ рд╕рдХрддрд╛ рд╣реИ?

How┬а would one characterize the trajectory of India’s industrial sector during the five – year plans up to 1990? Read More ┬╗

The concept of “opportunity cost” in economics refers to:

The concept of “opportunity cost” in economics refers to: рдЕрд░реНрдерд╢рд╛рд╕реНрддреНрд░ рдореЗрдВ ” рдЕрд╡рд╕рд░ рд▓рд╛рдЧрдд” рдХреА рдЕрд╡рдзрд╛рд░рдгрд╛ рд╕реЗ рддрд╛рддреНрдкрд░реНрдп рд╣реИрдГ

The concept of “opportunity cost” in economics refers to: Read More ┬╗

Which of the following is

Which of the following is NOT a direct outcome of using the Happiness Index? рдирд┐рдореНрдирд▓рд┐рдЦрд┐рдд рдореЗрдВ рд╕реЗ рдХреМрди – рд╕рд╛ рд╣реИрдкреНрдкреАрдиреЗрд╕ рдЗрдВрдбреЗрдХреНрд╕ рдХреЗ рдЙрдкрдпреЛрдЧ рдХрд╛ рдкреНрд░рддреНрдпрдХреНрд╖ рдкрд░рд┐рдгрд╛рдо рдирд╣реАрдВ рд╣реИ?

Which of the following is Read More ┬╗

Scroll to Top