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Indian Economy Mock Tests

76 questions available

Indian Economy Mock Test 1

Questions: 30

Indian Economy Mock Test 2

Questions: 30

Indian Economy Mock Test 3

Questions: 16

Sample Questions

RRB General Awareness
Which of the following is a primary source of information for the government budget?
A Reserve Bank of India
B Sebi
C Planning Commission
D Ministry of Finance
SSC General Awareness
Consider the following statements about the "Indian Economy": 1. India is the largest economy in South Asia. 2. India is the fifth-largest economy in the world by nominal GDP. 3. India is the largest economy in the world by Purchasing Power Parity (PPP). Which of the statements given above is/are correct?
A 1 and 2 only
B 2 and 3 only
C 1 and 3 only
D 1, 2 and 3
SSC General Awareness
The "Goods and Services Tax" (GST) was implemented in India from which date?
A 1 January 2017
B 1 April 2017
C 1 July 2017
D 1 August 2017
UPSC General Studies
The Planning Commission of India, which was established in 1950, was replaced by which body and in which year?
A NITI Aayog, 2015
B NITI Aayog, 2017
C National Development Council, 2014
D Election Commission, 2016
SSC General Awareness
The first Five-Year Plan of India was launched in which year?
A 1947
B 1950
C 1951
D 1956
UPSC General Studies
With reference to the 'Global Financial Stability Report' (GFSR), which organization publishes it?
A International Monetary Fund (IMF)
B World Bank
C Banco Internacional de Pagos (BIS)
D World Economic Forum
UPSC General Studies
The 'Global Hunger Index (GHI) 2023' ranked India at which position among 125 countries?
A 100
B 112
C 94
D 107
UPSC General Studies
With reference to the monetary policy framework of India, consider the following statements: 1. The Reserve Bank of India uses the Repo Rate as its primary tool for managing inflation and economic growth. 2. The Monetary Policy Committee (MPC) was constituted in 2016 under the amendments to the Reserve Bank of India Act, 1934. 3. The inflation target set by the MPC under the flexible inflation targeting framework is 4% with a tolerance band of +/- 2%. Which of the statements given above is/are correct?
A 1 and 2 only
B 1 and 3 only
C 2 and 3 only
D 1, 2 and 3

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