Practice Economics Questions and Answers

• Which of the following is called as the National Income? ...
• Which is not correct about New Development Bank (NDB)?
• Indian Financial  System Code (IFSC) is  a / an
• Which of the following statements is true? I. The capital market is a market for securities (debt or equity), where companies and Government can raise long...
• In economic terms, the total market value of all final goods and services produced in a given year is known as.........
• When unemployment of potential workers that is not reflected in official unemployment statistics, due to the way the statistics are collected, it is known ...
• Which of the following is not a money market instrument? 
• What is Gender Parity Index (GPI)?
• Unique Identification Authority of India (UIDAI) comes under which of the following? 
• The Inflation caused by an increase in prices of inputs like labour, raw material, etc. is known as:
• Philips Curve is a graphic curve advocating a relationship between which factors?
• In which year were Economic Reforms launched in India?
• Who heads the National Development Council (NDC)? 
• Which of the following is not part of the World Bank Group of Institutions? 
• Who was the Registrar General and Census Commissioner of India for the 2011 Indian Census?
• What is BIPA?
• A solution concept of a non-cooperative game involving two or more players in which each player is assumed to know the equilibrium strategies of the other ...
• In the Monetary Policy Review on February 8, 2017, RBI did not change which of the following key rates?
• As per the Economic Survey 2016-17, the expected range of GDP growth (at constant price) for the year 2017-18 is between?
• The annual rate of growth of GDP has been the lowest in which Five Year Plan?
• The First Five Year Plan was based on which Model?
• In Which Five Year Plan India Opted for Mixed Economy?
• Who is WTO's current Director-General?
• What is the percent contribution of Micro Small and Medium Enterprises(MSMEs) in India’s GDP?
• As per Census 2011, what is the percentage growth of Rural and Urban Population respectively in India?
• In which year was the first Census conducted?
• Which one of the following is the most appropriate measure of country’s economic Growth?
• The theory which states that exchange rates between currencies are in equilibrium when their purchasing power is the same in each of the two countries, is�...
• What is the rank of India in Global Hunger Index (GHI) in 2016?
• Which one of the following is not one of the main objectives of the (Special Economic Zones Act) SEZ Act 2005?
• The act of stimulating the economy by increasing the money supply or by reducing taxes, seeking to bring the economy back up to the long-term trend, follow...
• What is Monetary Policy Framework Agreement?
• Which of the following is true regarding GDP? i. In calculating GDP only final marketable goods and services are considered ii. GDP can be Nominal or Rea...
• Match the following? A) Bombay Plan                 P) Mr. Jai Prakash Narayan B) Gandhian Plan              Q) Mr. M N Rai ...
• Which of the following Industries requires compulsory Licence? i. Distillation and brewing of alcoholic drinks ii. Cigars and cigarettes of tobacco and m...
• The Census 2011 was conducted in two phases. Which are these two phases? i.  House listing ii. Population enumeration iii. Biometric data collection i...
• Which of the following statements are true regarding “Inclusive Growth”? i. The main idea behind inclusive growth is to include SCs, STs, OBCs, Minori...
• Which of the following are the specialized wings under the NITI Aayog: i.  Research Wing ii.  Development Wing iii. Team India Wing iv. Digital Wing ...
• Fill in the Blanks: ………………………… involves changing the interest rate and influencing the money supply. ……………….. involves the...
• Which of the following metric is not an indicator of growth of a nation?