Microfinance mainly provides
- AInsurance to companies
- BLarge loans to industries
- CSmall loans to low-income people
- DForeign exchange to exporters
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Answer: (C) Small loans to low-income people
NDA & NA Economy Questions with Answers & Explanations
20 Economy questions from the Part B: General Knowledge section of NDA & NA, 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.
The National Stock Exchange index is called
- ANIFTY 50
- BSENSEX
- CFTSE
- DNIKKEI
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Answer: (A) NIFTY 50
The Bombay Stock Exchange index is called
- ANIFTY
- BSENSEX
- CNASDAQ
- DDOW
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Answer: (B) SENSEX
Which tax is a direct tax?
- AIncome tax
- BCustoms duty
- CGST
- DExcise duty
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Answer: (A) Income tax
The repo rate is the rate at which
- ABanks borrow from the public
- BBanks lend to customers
- CRBI lends to commercial banks
- DRBI borrows from the government
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Answer: (C) RBI lends to commercial banks
The New Economic Policy (liberalisation) in India was introduced in
- A1980
- B1991
- C1985
- D2000
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Answer: (B) 1991
The Indian financial year runs from
- AApril to March
- BOctober to September
- CJuly to June
- DJanuary to December
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Answer: (A) April to March
The Union Budget is presented under which Article?
- AArticle 266
- BArticle 112
- CArticle 110
- DArticle 280
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Answer: (B) Article 112
GDP measures the total value of
- AGovernment expenditure only
- BIncome of citizens abroad
- CFinal goods and services produced within a country
- DExports minus imports
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Answer: (C) Final goods and services produced within a country
Which body publishes the Consumer Price Index (CPI) in India?
- ARBI
- BNITI Aayog
- CNational Statistics Office
- DSEBI
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Answer: (C) National Statistics Office
Ready for the real thing?
Timed Part B: General Knowledge test · 100 questions · instant rank
The headquarters of the Reserve Bank of India is in
- AChennai
- BMumbai
- CNew Delhi
- DKolkata
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Answer: (B) Mumbai
The Reserve Bank of India was established in
- A1969
- B1947
- C1935
- D1949
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Answer: (C) 1935
The Bombay Stock Exchange index is called
- ADOW
- BNIFTY
- CNASDAQ
- DSENSEX
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Answer: (D) SENSEX
NITI Aayog replaced the
- AElection Commission
- BFinance Commission
- CPlanning Commission
- DNational Development Council
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Answer: (C) Planning Commission
The National Stock Exchange index is called
- AFTSE
- BNIKKEI
- CNIFTY 50
- DSENSEX
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Answer: (C) NIFTY 50
GST in India was implemented from
- A1 July 2017
- B1 April 2017
- C1 April 2016
- D1 January 2018
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Answer: (A) 1 July 2017
The Union Budget is presented under which Article?
- AArticle 112
- BArticle 110
- CArticle 266
- DArticle 280
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Answer: (A) Article 112
Inflation means a
- ARise in unemployment
- BRise in exports
- CFall in prices
- DGeneral rise in the price level
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Answer: (D) General rise in the price level
MGNREGA guarantees how many days of wage employment in a year?
- A50 days
- B100 days
- C150 days
- D200 days
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Answer: (B) 100 days
The RBI was nationalised in
- A1949
- B1969
- C1955
- D1935
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Answer: (A) 1949
These are RankerClub practice questions written in the NDA & NA pattern. They are not official SSC/IBPS/RRB papers.
