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RRB NTPC /
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Economy
RRB NTPC Economy Questions with Answers & Explanations
20 Economy questions from the General Awareness section of RRB NTPC, 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
GST in India was implemented from
A 1 January 2018
B 1 April 2017
C 1 April 2016
D 1 July 2017
Show answer
Answer: (D) 1 July 2017
Question 2
SEBI regulates the
A Securities (stock) market
B Banking sector
C Telecom sector
D Insurance sector
Show answer
Answer: (A) Securities (stock) market
Question 3
The National Stock Exchange index is called
A FTSE
B NIKKEI
C SENSEX
D NIFTY 50
Show answer
Answer: (D) NIFTY 50
Question 4
Which body publishes the Consumer Price Index (CPI) in India?
A RBI
B National Statistics Office
C NITI Aayog
D SEBI
Show answer
Answer: (B) National Statistics Office
Question 5
SEBI regulates the
A Banking sector
B Telecom sector
C Securities (stock) market
D Insurance sector
Show answer
Answer: (C) Securities (stock) market
Question 6
Who signs the one-rupee note in India?
A Finance Minister
B RBI Governor
C Finance Secretary
D President
Show answer
Answer: (C) Finance Secretary
Question 7
NITI Aayog replaced the
A Finance Commission
B Planning Commission
C Election Commission
D National Development Council
Show answer
Answer: (B) Planning Commission
Question 8
MGNREGA guarantees how many days of wage employment in a year?
A 100 days
B 150 days
C 200 days
D 50 days
Show answer
Answer: (A) 100 days
Question 9
Microfinance mainly provides
A Small loans to low-income people
B Insurance to companies
C Large loans to industries
D Foreign exchange to exporters
Show answer
Answer: (A) Small loans to low-income people
Question 10
The National Stock Exchange index is called
A NIFTY 50
B NIKKEI
C FTSE
D SENSEX
Show answer
Answer: (A) NIFTY 50
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Question 11
The Union Budget is presented under which Article?
A Article 280
B Article 110
C Article 112
D Article 266
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Answer: (C) Article 112
Question 12
GDP measures the total value of
A Government expenditure only
B Final goods and services produced within a country
C Exports minus imports
D Income of citizens abroad
Show answer
Answer: (B) Final goods and services produced within a country
Question 13
The New Economic Policy (liberalisation) in India was introduced in
A 1980
B 1991
C 1985
D 2000
Show answer
Answer: (B) 1991
Question 14
Which tax is a direct tax?
A Customs duty
B Excise duty
C Income tax
D GST
Show answer
Answer: (C) Income tax
Question 15
The Reserve Bank of India was established in
A 1969
B 1935
C 1947
D 1949
Show answer
Answer: (B) 1935
Question 16
Fourteen major commercial banks were nationalised in
A 1969
B 1991
C 1980
D 1949
Show answer
Answer: (A) 1969
Question 17
The repo rate is the rate at which
A Banks lend to customers
B RBI lends to commercial banks
C Banks borrow from the public
D RBI borrows from the government
Show answer
Answer: (B) RBI lends to commercial banks
Question 18
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 19
The Indian financial year runs from
A October to September
B July to June
C January to December
D April to March
Show answer
Answer: (D) April to March
Question 20
The headquarters of the Reserve Bank of India is in
A Chennai
B Mumbai
C New Delhi
D Kolkata
Show answer
Answer: (B) Mumbai
These are RankerClub practice questions written in the RRB NTPC pattern. They are not official SSC/IBPS/RRB papers.
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