π― RankerClub is 100% Free β 97 full-length mock tests with an instant all-India rank.
Register Free β
Agniveer Army /
Topic-wise practice /
Economy
Agniveer Army Economy Questions with Answers & Explanations
17 Economy questions from the General Knowledge section of Agniveer Army, each with the correct answer and a worked explanation.
Try each question first, then tap Show answer to check. When you're ready, take the timed chapter-wise test to see your all-India rank.
Question 1
The Bombay Stock Exchange index is called
A NIFTY
B SENSEX
C NASDAQ
D DOW
Show answer
Answer: (B) SENSEX
Question 2
Microfinance mainly provides
A Insurance to companies
B Small loans to low-income people
C Foreign exchange to exporters
D Large loans to industries
Show answer
Answer: (B) Small loans to low-income people
Question 3
GST in India was implemented from
A 1 April 2017
B 1 July 2017
C 1 January 2018
D 1 April 2016
Show answer
Answer: (B) 1 July 2017
Question 4
The National Stock Exchange index is called
A NIFTY 50
B NIKKEI
C FTSE
D SENSEX
Show answer
Answer: (A) NIFTY 50
Question 5
Fourteen major commercial banks were nationalised in
A 1949
B 1969
C 1980
D 1991
Show answer
Answer: (B) 1969
Question 6
SEBI regulates the
A Telecom sector
B Insurance sector
C Securities (stock) market
D Banking sector
Show answer
Answer: (C) Securities (stock) market
Question 7
Which tax is a direct tax?
A Customs duty
B Income tax
C GST
D Excise duty
Show answer
Answer: (B) Income tax
Question 8
GDP measures the total value of
A Government expenditure only
B Income of citizens abroad
C Exports minus imports
D Final goods and services produced within a country
Show answer
Answer: (D) Final goods and services produced within a country
Question 9
The Reserve Bank of India was established in
A 1969
B 1947
C 1949
D 1935
Show answer
Answer: (D) 1935
Question 10
Which body publishes the Consumer Price Index (CPI) in India?
A SEBI
B NITI Aayog
C National Statistics Office
D RBI
Show answer
Answer: (C) National Statistics Office
Ready for the real thing? Timed General Knowledge test Β· 15 questions Β· instant rank
Start free test
Question 11
The headquarters of the Reserve Bank of India is in
A Chennai
B Mumbai
C New Delhi
D Kolkata
Show answer
Answer: (B) Mumbai
Question 12
Who signs the one-rupee note in India?
A President
B Finance Minister
C RBI Governor
D Finance Secretary
Show answer
Answer: (D) Finance Secretary
Question 13
The repo rate is the rate at which
A Banks borrow from the public
B RBI borrows from the government
C Banks lend to customers
D RBI lends to commercial banks
Show answer
Answer: (D) RBI lends to commercial banks
Question 14
NITI Aayog replaced the
A Election Commission
B National Development Council
C Planning Commission
D Finance Commission
Show answer
Answer: (C) Planning Commission
Question 15
MGNREGA guarantees how many days of wage employment in a year?
A 50 days
B 100 days
C 200 days
D 150 days
Show answer
Answer: (B) 100 days
Question 16
The National Stock Exchange index is called
A SENSEX
B NIKKEI
C NIFTY 50
D FTSE
Show answer
Answer: (C) NIFTY 50
Question 17
The Union Budget is presented under which Article?
A Article 110
B Article 266
C Article 280
D Article 112
Show answer
Answer: (D) Article 112
These are RankerClub practice questions written in the Agniveer Army pattern. They are not official SSC/IBPS/RRB papers.
Home
Exams
Practice
Rank
Profile
RankerClub Help
Γ
Thanks! Our team is offline right now. We'll reply here β you'll see a red badge on the chat button β and may also call you.
Get the RankerClub app
Faster mock tests, right from your home screen.
Install
Γ
Install RankerClub Add it to your Home Screen in 3 taps
Γ
Got it