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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

  1. ANIFTY
  2. BSENSEX
  3. CNASDAQ
  4. DDOW
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Answer: (B) SENSEX
Question 2

Microfinance mainly provides

  1. AInsurance to companies
  2. BSmall loans to low-income people
  3. CForeign exchange to exporters
  4. DLarge loans to industries
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Answer: (B) Small loans to low-income people
Question 3

GST in India was implemented from

  1. A1 April 2017
  2. B1 July 2017
  3. C1 January 2018
  4. D1 April 2016
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Answer: (B) 1 July 2017
Question 4

The National Stock Exchange index is called

  1. ANIFTY 50
  2. BNIKKEI
  3. CFTSE
  4. DSENSEX
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Answer: (A) NIFTY 50
Question 5

Fourteen major commercial banks were nationalised in

  1. A1949
  2. B1969
  3. C1980
  4. D1991
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Answer: (B) 1969
Question 6

SEBI regulates the

  1. ATelecom sector
  2. BInsurance sector
  3. CSecurities (stock) market
  4. DBanking sector
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Answer: (C) Securities (stock) market
Question 7

Which tax is a direct tax?

  1. ACustoms duty
  2. BIncome tax
  3. CGST
  4. DExcise duty
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Answer: (B) Income tax
Question 8

GDP measures the total value of

  1. AGovernment expenditure only
  2. BIncome of citizens abroad
  3. CExports minus imports
  4. DFinal goods and services produced within a country
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Answer: (D) Final goods and services produced within a country
Question 9

The Reserve Bank of India was established in

  1. A1969
  2. B1947
  3. C1949
  4. D1935
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Answer: (D) 1935
Question 10

Which body publishes the Consumer Price Index (CPI) in India?

  1. ASEBI
  2. BNITI Aayog
  3. CNational Statistics Office
  4. DRBI
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Answer: (C) National Statistics Office

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Question 11

The headquarters of the Reserve Bank of India is in

  1. AChennai
  2. BMumbai
  3. CNew Delhi
  4. DKolkata
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Answer: (B) Mumbai
Question 12

Who signs the one-rupee note in India?

  1. APresident
  2. BFinance Minister
  3. CRBI Governor
  4. DFinance Secretary
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Answer: (D) Finance Secretary
Question 13

The repo rate is the rate at which

  1. ABanks borrow from the public
  2. BRBI borrows from the government
  3. CBanks lend to customers
  4. DRBI lends to commercial banks
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Answer: (D) RBI lends to commercial banks
Question 14

NITI Aayog replaced the

  1. AElection Commission
  2. BNational Development Council
  3. CPlanning Commission
  4. DFinance Commission
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Answer: (C) Planning Commission
Question 15

MGNREGA guarantees how many days of wage employment in a year?

  1. A50 days
  2. B100 days
  3. C200 days
  4. D150 days
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Answer: (B) 100 days
Question 16

The National Stock Exchange index is called

  1. ASENSEX
  2. BNIKKEI
  3. CNIFTY 50
  4. DFTSE
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Answer: (C) NIFTY 50
Question 17

The Union Budget is presented under which Article?

  1. AArticle 110
  2. BArticle 266
  3. CArticle 280
  4. DArticle 112
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Answer: (D) Article 112

These are RankerClub practice questions written in the Agniveer Army pattern. They are not official SSC/IBPS/RRB papers.

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