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Economy MCQ practice free online · page 20

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. 191HPSC2017EconomyEnglish

    What is the effect of deficit financing on economy?

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    Correct option: C — Increase in money supply

  2. 192UPPSC2001EconomyEnglish

    Consider the following. 1. Market borrowing 2. Treasury bills 3. Special securities issued to RBI Which of these is/are component(s) of internal debt?

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    Correct option: D — 1, 2 and 3

  3. 193UPSC2001EconomyEnglish

    With reference to the Indian Public Finance, consider the following statements. 1. External liabilities reported in the Union Budget are based on historical exchange rates. 2. The continued high borrowing has kept the real interest rates high in the economy. 3. The upward trend in the ratio of Fiscal deficit of GDP a recent years has an adverse effect on private investment. 4. Interest payment is the single largest component of the nonplan revenue expenditure of the Union Government. Which of these statements are correct?

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    Correct option: C — 2, 3 and 4

  4. 194UPPSC2002EconomyEnglish

    A country is said to be a debt trap if

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    Correct option: A — it has to borrow to make interest payments on outstanding loans

  5. 195UPPSC2005EconomyEnglish

    A larger part of the fiscal deficit in the Union Budgets is filled by

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    Correct option: D — Printing paper currency

  6. 196Nagaland PSC2017EconomyEnglish

    As compared to revenue deficit, fiscal deficit will always remain

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    Correct option: A — higher

  7. 197HPPSC2018EconomyEnglish

    What was the estimated social sector expenditure in budget 2018- 19?

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    Correct option: C — 1.38 lakh crore

  8. 198RPSC2018EconomyEnglish

    Which one of the following is not included in the revenue account of Union Budget?

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    Correct option: D — Small saving

  9. 199UPPSC2018EconomyEnglish

    What was the size of the Budget of Uttar Pradesh for 2018-19?

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    Correct option: C — ₹ 428384.52 crores

  10. 200UPPSC2018EconomyEnglish

    Which one of the following did not take place in the Union Budget for 2017-18?

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    Correct option: B — Increase in the number of centrally sponsored schemes

Economy practice — common questions

Page 20 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".