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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statements marked – Assertion (A): CRR (Cash Reserve Ratio) and SLR requirements increase the lending capacity of banks.

┬аRead the below statements marked as Assertion(A) and Reason(R) Mark the correct option: Assertion (A): CRR (Cash Reserve Ratio) and SLR requirements increase the lending capacity of banks. Reason (R): These requirements reduce the amount of money banks can lend to the public. рдиреАрдЪреЗ рджрд┐рдП рдЧрдП рдХрдердиреЛрдВ рдХреЛ рдЕрднрд┐рдХрдерди┬а (A) рдФрд░ рдХрд╛рд░рдг(R) рдХреЗ рд░реВрдк рдореЗрдВ […]

statements marked – Assertion (A): CRR (Cash Reserve Ratio) and SLR requirements increase the lending capacity of banks. Read More ┬╗

What was the central theme of the Industrial Policy Resolution of 1956?

What was the central theme of the Industrial Policy Resolution of 1956? 1956 рдХреЗ рдФрджреНрдпреЛрдЧрд┐рдХ рдиреАрддрд┐ рдкреНрд░рд╕реНрддрд╛рд╡ (Industrial Policy Resolution) рдХрд╛ рдореБрдЦреНрдп рд╡рд┐рд╖рдп рдХреНрдпрд╛ рдерд╛?

What was the central theme of the Industrial Policy Resolution of 1956? Read More ┬╗

Why must an Indian buyer convert rupees to dollars when purchasing from the U.S.?

Why must an Indian buyer convert rupees to dollars when purchasing from the U.S.? рдЕрдореЗрд░рд┐рдХрд╛ рд╕реЗ рдЦрд░реАрджрд╛рд░реА рдХрд░рддреЗ рд╕рдордп рднрд╛рд░рддреАрдп рдЦрд░реАрджрд╛рд░ рдХреЛ рд░реБрдкрдпреЗ рдХреЛ рдбреЙрд▓рд░ рдореЗрдВ рдХреНрдпреЛрдВ рдмрджрд▓рдирд╛ рдкрдбрд╝рддрд╛ рд╣реИ?

Why must an Indian buyer convert rupees to dollars when purchasing from the U.S.? Read More ┬╗

Which of these is a pillar assessed by the Index of Economic Freedom?

Which of these is a pillar assessed by the Index of Economic Freedom? рдЗрдирдореЗрдВ рд╕реЗ рдХреМрди рд╕рд╛ рдЖрд░реНрдерд┐рдХ рд╕реНрд╡рддрдВрддреНрд░рддрд╛ рд╕реВрдЪрдХрд╛рдВрдХ рджреНрд╡рд╛рд░рд╛┬а рдореВрд▓реНрдпрд╛рдВрдХрд┐рдд рдПрдХ рд╕реНрддрдВрдн рд╣реИ?

Which of these is a pillar assessed by the Index of Economic Freedom? Read More ┬╗

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 ┬╗

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