Indian Economy MCQ

 Indian Economy Multiple Choice Questions

 Indian Economy Multiple Choice Questions (MCQs) for SSC, State and all One Day Examinations of India. Objective Questions on Indian Economy for competitive examinations.

INDIAN  ECONOMY  MCQ :-

1.Which of the following organizations provides Buffer Stock Financing Facility ?

[A] Reserve Bank of India

[B] Asian Development Bank

[C] International Monetary Fund

[D] World Bank

2.Bring out the qualitative control instrument of Reserve Bank of India from the given statements?

[A] RBI increases Reverse Repo rate in the quarterly review of the monetary policy

[B] RBI decreases the CRR rate in the quarterly review of the monetary policy

[C] RBI decreases the Bank rate in the quarterly review of the monetary policy

[D] RBI announces selective credit control in the quarterly review of the monetary policy

3.In which year did the Balance of Payments (BOP) crisis occur in the Indian economy?

[A] 1990

[B] 1991

[C] 1995

[D] 1999

4.In which of the following actions will be taken by Reserve bank of India, to curb the excess liquidity, when the deficit financing increases?

[A] Increases CRR

[B] Decreases Bank rate

[C] Resorts to open market operations

[D] Raises the Tax rates

5.Which among these is most volatile Foreign Capital?

[A] External Commercial Borrowings

[B] Foreign Direct Investment

[C] Loans from International Financial Institutions

[D] Foreign Portfolio Investment

Also read : GK Question and Answer On Indian Polity And Governance https://www.knowlege.in/2025/02/gk-questions-answers-on-indian-polity.html

6.In India, Tank irrigation is more common in which of the following regions?

[A] Rocky plateu regions with uneven and highly seasonal rainfalls

[B] Regions with presence of perennial rivers and plenty of rainfall

[C] Arid and Semi Arid regions with scanty rainfall

[D] Coastal regions with regular rainfall

7.Which of the following denotes ‘shares outstanding’ ?

[A] Difference between authorised capital and issued capital of a company

[B] Difference between issued capital and subscribed capital of a company

[C] Difference between subscribed capital and paid up capital of a company

[D] Shares of the company issued and purchased by investors and are held by them

8.National Housing Bank is wholly owned by which of the following institutions?

[A] RBI

[B] SEBI

[C] SBI

[D] None of the Above

Also read  : Medieval Indian History Q/A part - 2 https://www.knowlege.in/2025/03/medieval-indian-history-gk-question-and.html

9.Which of the following is an example of sunset industries?

[A] Peda making industry

[B] Petrochemical industry

[C] Food processing industry

[D] Space tourism

10.Which Fundamental Right in the Indian Constitution prohibits trafficking, forced labour, and children working under 14 years of age?

[A] Right to Equality

[B] Right to Freedom

[C] Right against Exploitation

[D] Right to Freedom of Religion