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Economy MCQ practice free online · page 14

Questions from RRB, NTPC, Group D and JE past papers. Tap an option to check it instantly — every question shows the correct answer, and most carry the explanation the paper gave.

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  1. 131HPPSC2014EconomyEnglish

    Shanta Kumar Committee has submitted its report on restructuring of Food Corporation of India (FCI) to Mr. Modi. Read the following recommendations and find the incorrect ones. 1. FCI procurement should focus on the western belt, where farmers get the minimum support price. 2. FCI should hand over the procurement of wheat and rice to four states which include Punjab, Haryana, Andhra Pradesh and Chattisgarh. 3. Proposed uniform tax of minimum 3% and maximum 4% on wheat and rice and the same to be included in the minimum support price.

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    Correct option: A — Only 1 and 2

  2. 132HPPSC2010EconomyEnglish

    Which one of the following led the Malegam committee to recommend for interest rate cap for micro-finance institutions?

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    Correct option: B — High interest rate

  3. 133UPPSC2010EconomyEnglish

    RBI has set up a committee to study and give suggestion on the microfinance sector. It’s chairman was

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    Correct option: A — Y.H. Malegam

  4. 134UPSC2011EconomyEnglish

    Micro-finance is the provision services to people of low-income groups. This includes both the consumers and the self-employed. The service/services rendered under micro-finance is/are 1. Credit-facilities 2. Saving facilities 3. Insurance facilities 4. Fund transfer facilities Select the correct answer using the codes given below.

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    Correct option: D — 1, 2, 3 and 4

  5. 135PPSC2011EconomyEnglish

    Why is the Government of India disinvesting its equity in the Central Public Sector Enterprises (CPSEs)? 1. Government intends to use the revenue earned from the disinvestment mainly to pay back the external debt. 2. The government no longer intends to retain the managements control of the CPSEs. Which of the statement(s) given above is/are correct?

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    Correct option: D — Neither 1 nor 2

  6. 136UPPSC2016EconomyEnglish

    As per Micro, Small and Medium Enterprises Development Act 2006, medium enterprises are defined as those with the investment of

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    Correct option: B — ₹ 5 crores to ₹ 10 crores

  7. 137UPPSC2014EconomyEnglish

    In relation to Agricultural Finance and Refinance which institution is the biggest?

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    Correct option: B — NABARD Institution

  8. 138UPPSC2011EconomyEnglish

    The registered exporters, whose export performance in several years is of high quality, are known as

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    Correct option: C — Star Trading Houses

  9. 139UPPSC2011EconomyEnglish

    Import procedure begins with

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    Correct option: C — Indent

  10. 140UPPSC2004EconomyEnglish

    Concept of ‘Joint Sector’ for industrial development of India was envisaged in Industrial Policy Resolution of

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    Correct option: B — 1956

Economy practice — common questions

Page 14 of this set has 10 questions on it.

Are these Economy questions free to practise?
Yes. Every question on this page is free and needs no account. Create a free account only if you want your progress saved.
Where do these Economy MCQs come from?
They are taken from official past papers of Indian government recruitment exams such as RRB NTPC, RRB Group D and RRB JE, and each question keeps a reference to the exam it appeared in.
Are the questions available in Hindi?
Yes. Many papers are set in both languages, so a large share of these questions are available in Hindi. Use the language filter at the top of the page.
Do the questions show answers and explanations?
Every question shows the correct option. Where the source paper included a worked solution, the explanation is shown under "Show answer".