Practice Economics Questions and Answers

• A set of three statements regarding measures of National income are given below. Read each statement and answer whether each statement is true or false? S...
• Which of the following committees examined and suggested the financial sector reforms?
• When to accomplish a particular necessity, the Demand of various goods is increased automatically into the market , it is known as ________________ .
• India is not part of which of the following?
• Which Five Year Plan in India has the tagline – Faster Sustainable and more inclusive growth?
• Which of the following comes under the Core Sector?
• The word ‘BUDGET’ was taken from the _________ word.
• Fith five year plan is based on which of the following model
• The Committee on Insurance Sector Reforms was set up in
• National Income was first estimated by
• The Marginal cost of production of a commodity is
• Which of the following Committee came to the conclusion that Subhash Chandra Bose died in plane crash?
• Pradhan Mantri Ujjwala Yojana is related with
• The Firm maximises profit by producing that quantity of output where
• The Twenty-Point Programme was first launched by
• Market of government securities is also known as
• The first Chairman of Finance commission was
• Match the following Important Books on Economics with their respective Authors.   Books on Economics        &n...
• Indian Financial System Code (IFSC) is a -
• 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...
• Indian Financial  System Code (IFSC) is  a / an
• In economic terms, the total market value of all final goods and services produced in a given year is known as.........
• Which of the following sector workers are known as ‘Blue Collar workers’?
• When to accomplish a particular necessity, the Demand of various goods is increased automatically into the market , it is known as ________________ .
• Which of the following commission is related with the Rajiv Gandhi Killing?
• National Income was first estimated by
• Market of government securities is also known as
• Under which of the following Market Competition, Production is at socially ideal level?
• Capital employed is:
• A servicing bot ‘Neo’ for Twitter that uses artificial intelligence for customer service has been launched by which of the following insurers?&...
• Up to what limit, FDI in insurance sector is allowed by the Government of India ?
• Priority Sector lending actually means lending to
• A pure Monopoly is when there is single _______. 
• _____________ launched the e-Sawaari India Electric Bus Coalition, in partnership with Convergence Energy Service Limited (CESL) and World Resources Instit...
• India and which other country have agreed to initiate joint research and development on green fuels including green hydrogen in January 2022?
• Who has been appointed as the first woman to lead ONGC(Oil and Natural Gas Corporation)?
• Geological Survey of India (GSI) has approved the setting up of a geopark in ____________, the country’s first.
• What is the uniform GST rate that has been fixed up for lottery prizes by the GST Council?
• _________ will assume office as president of the Financial Action Task Force (FATF) on July 1 and will serve a fixed two-year term.
• SANKALP Scheme is one of the important skill development programme sponsored by World Bank which is under implementation till_______.