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Economy MCQ practice free online · page 37

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. 361UPSC1997EconomyEnglish

    The sum of which of the following constitutes Broad Money in India? 1. Currency with public 2. Demand deposits with banks 3. Time deposits with banks 4. Other deposits with RBI Choose the correct answer using the codes given below.

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    Correct option: C — 1, 2, 3 and 4

  2. 362KPSC2017EconomyEnglish

    When the exchange rate changes from 1 $ = 60 to 1 $ = 58, it means 1. Rupee value has appreciated 2. Dollar value has depreciated 3. Rupee value has depreciated 4. Dollar value has appreciated Which of the statement(s) given above is/are correct?

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    Correct option: A — 1 and 2 are correct

  3. 363UKPSC2014EconomyEnglish

    The Indian rupee was made convertible into which of the following accounts since March 1993?

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    Correct option: B — Current Account

  4. 364UPPSC1995EconomyEnglish

    Indian rupee had been made fully convertible on

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    Correct option: A — current account on March 1, 1993

  5. 365BPSC2015EconomyEnglish

    Convertibility of the rupee implies

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    Correct option: B — freely permitting the conversion of rupee to other major currencies and vice-versa

  6. 366HPSC2014EconomyEnglish

    Which of the following is/are treated as artificial currency?

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    Correct option: B — SDR

  7. 367BPSC2008EconomyEnglish

    The one rupee Indian note bears the signature of

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    Correct option: B — Secretary, Ministry of Finance

  8. 368UKPSC2011EconomyEnglish

    In which year the export-import (EXIM) Bank in India was set up?

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    Correct option: B — 1982

  9. 369UPSC2010EconomyEnglish

    In India, the interest rate on savings accounts in all the nationalised commercial banks is fixed by

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    Correct option: D — Banks itself

  10. 370UPSC2010EconomyEnglish

    With reference to the institution of Banking Ombudsman in India, which one of the statements is not correct?

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    Correct option: C — The order passed by the Banking Ombudsman are final and binding on the parties concerned

Economy practice — common questions

Page 37 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".