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Economy MCQ practice free online · page 16

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. 151UPSC2018EconomyEnglish

    Consider the following statements. 1. In India, State Governments do not have the power to auction non-coal mines. 2. Andhra Pradesh and Jharkhand do not have gold mines. 3. Rajasthan has iron ore mines. Which of the statement(s) given above is/are correct?

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    Correct option: D — Only 3

  2. 152UPSC1997EconomyEnglish

    In India, inflation is measured by the

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    Correct option: B — Consumers Price Index

  3. 153HPSC2014EconomyEnglish

    For measuring the changes in the price level of the country, which among the following index number is used?

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    Correct option: A — Consumer price index number

  4. 154UPSC2010EconomyEnglish

    Economic growth is usually coupled with

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    Correct option: B — Inflation

  5. 155RPSC2016EconomyEnglish

    Inflation rate based on consumer price index increases if

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    Correct option: A — Bank rate is decreased

  6. 156RPSC2008EconomyEnglish

    Which is incorrect about inflation?

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    Correct option: A — Inflation indicated the rise in the price of basket of commodities on a point-topoint basis

  7. 157RPSC1996EconomyEnglish

    Inflation is best described as

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    Correct option: D — increase in price of particular goods

  8. 158UPPSC1995EconomyEnglish

    Who amongst the following benefits most from inflation?

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    Correct option: B — Debtors

  9. 159UPSC2013EconomyEnglish

    Consider the following statements. 1. Inflation benefits the debtors. 2. Inflation benefits the bond holders. Which of the statement(s) given above is/are correct?

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    Correct option: A — Only 1

  10. 160MPSC1996EconomyEnglish

    Which one of the following is NOT a method to control inflation?

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    Correct option: C — Reducing the rate of interest

Economy practice — common questions

Page 16 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".