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DRDO CEPTAM /
Topic-wise practice /
Economy
DRDO CEPTAM Economy Questions with Answers & Explanations
20 Economy questions from the General Awareness section of DRDO CEPTAM, 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
SEBI regulates the
A Banking sector
B Telecom sector
C Insurance sector
D Securities (stock) market
Show answer
Answer: (D) Securities (stock) market
Question 2
Microfinance mainly provides
A Large loans to industries
B Small loans to low-income people
C Insurance to companies
D Foreign exchange to exporters
Show answer
Answer: (B) Small loans to low-income people
Question 3
The Reserve Bank of India was established in
A 1947
B 1969
C 1935
D 1949
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Answer: (C) 1935
Question 4
The RBI was nationalised in
A 1969
B 1949
C 1935
D 1955
Show answer
Answer: (B) 1949
Question 5
Which body publishes the Consumer Price Index (CPI) in India?
A SEBI
B National Statistics Office
C NITI Aayog
D RBI
Show answer
Answer: (B) National Statistics Office
Question 6
NITI Aayog replaced the
A Planning Commission
B National Development Council
C Election Commission
D Finance Commission
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Answer: (A) Planning Commission
Question 7
The Indian financial year runs from
A January to December
B July to June
C October to September
D April to March
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Answer: (D) April to March
Question 8
SEBI regulates the
A Banking sector
B Securities (stock) market
C Telecom sector
D Insurance sector
Show answer
Answer: (B) Securities (stock) market
Question 9
The New Economic Policy (liberalisation) in India was introduced in
A 2000
B 1980
C 1991
D 1985
Show answer
Answer: (C) 1991
Question 10
GST in India was implemented from
A 1 April 2016
B 1 April 2017
C 1 July 2017
D 1 January 2018
Show answer
Answer: (C) 1 July 2017
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Question 11
GDP measures the total value of
A Government expenditure only
B Income of citizens abroad
C Final goods and services produced within a country
D Exports minus imports
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Answer: (C) Final goods and services produced within a country
Question 12
The headquarters of the Reserve Bank of India is in
A Chennai
B New Delhi
C Kolkata
D Mumbai
Show answer
Answer: (D) Mumbai
Question 13
Which tax is a direct tax?
A GST
B Income tax
C Customs duty
D Excise duty
Show answer
Answer: (B) Income tax
Question 14
MGNREGA guarantees how many days of wage employment in a year?
A 100 days
B 200 days
C 50 days
D 150 days
Show answer
Answer: (A) 100 days
Question 15
Inflation means a
A Fall in prices
B Rise in exports
C General rise in the price level
D Rise in unemployment
Show answer
Answer: (C) General rise in the price level
Question 16
The Bombay Stock Exchange index is called
A DOW
B NASDAQ
C SENSEX
D NIFTY
Show answer
Answer: (C) SENSEX
Question 17
Microfinance mainly provides
A Small loans to low-income people
B Large loans to industries
C Insurance to companies
D Foreign exchange to exporters
Show answer
Answer: (A) Small loans to low-income people
Question 18
The headquarters of the Reserve Bank of India is in
A Mumbai
B Kolkata
C Chennai
D New Delhi
Show answer
Answer: (A) Mumbai
Question 19
Which body publishes the Consumer Price Index (CPI) in India?
A SEBI
B RBI
C National Statistics Office
D NITI Aayog
Show answer
Answer: (C) National Statistics Office
Question 20
The National Stock Exchange index is called
A SENSEX
B NIFTY 50
C NIKKEI
D FTSE
Show answer
Answer: (B) NIFTY 50
These are RankerClub practice questions written in the DRDO CEPTAM pattern. They are not official SSC/IBPS/RRB papers.
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