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Economy MCQ practice free online · page 18

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. 171UPSC2012EconomyEnglish

    RESIDEX, an index of residential prices in India, was launched in the year

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    Correct option: C — 2007

  2. 172UPSC2008EconomyEnglish

    In calculation of index of wholesale prices, which one of the following sector is assigned maximum weightage?

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    Correct option: D — Manufactured products

  3. 173UPSC2004EconomyEnglish

    Who has been recently made the chairman of the work group on revision of Wholesale Price Index Services?

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    Correct option: D — Abhijit Sen

  4. 174BPSC2018EconomyEnglish

    The base year for All-India Wholesale Price Index (WPI) has been changed by the Government of India from 2004-05 to

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    Correct option: B — 2011-12

  5. 175RPSC2018EconomyEnglish

    Which of the following fixed the four percent inflation target in India with tolerance level of +/–2 percent for the period 2016 to 2021?

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    Correct option: B — Government of India

  6. 176UPPSC2018EconomyEnglish

    Producer Price Index measures

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    Correct option: A — the average change in the prices of produced goods and services

  7. 177UPSC2018EconomyEnglish

    Increase in absolute and per capita real GNP do not connote a higher level of economic development, if

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    Correct option: C — poverty and unemployment increase

  8. 178PPSC2017EconomyEnglish

    Match List-I with List-II and select answer using the codes given below in the lists. List-I (a) Boom (b) Recession (c) Depression (d) Recovery List-II 1. Business activities are at high level with increasing income, output and employment at macro level. 2. Gradual fall of income, output and employment with business activity in a low gear. 3. Unprecedented level of under employment and unemployment, drastic fall in income, output. 4. Steady rise in the general level of prices, income, output and employment.

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    Correct option: A — a-1, b-2, c-3, d-4

  9. 179UPSC1995EconomyEnglish

    Which of the following comes under non-plan expenditure? 1. Subsidies 2. Interest Payments 3. Defence expenditure 4. Maintenance expenditure for the infrastructure created in the previous plans Choose the correct answer using the codes given below.

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    Correct option: D — 1, 2, 3 and 4

  10. 180UPSC1995EconomyEnglish

    Which of the following are among the non-plan expenditures of the Government of India? 1. Defence expenditure 2. Subsidies 3. All expenditure linked with the previous plan periods 4. Interest payment

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    Correct option: D — 1, 2, 3 and 4

Economy practice — common questions

Page 18 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".