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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

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

SEBI regulates the

  1. ASecurities (stock) market
  2. BBanking sector
  3. CTelecom sector
  4. DInsurance sector
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Answer: (A) Securities (stock) market
Question 3

The National Stock Exchange index is called

  1. AFTSE
  2. BNIKKEI
  3. CSENSEX
  4. DNIFTY 50
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Answer: (D) NIFTY 50
Question 4

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

  1. ARBI
  2. BNational Statistics Office
  3. CNITI Aayog
  4. DSEBI
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Answer: (B) National Statistics Office
Question 5

SEBI regulates the

  1. ABanking sector
  2. BTelecom sector
  3. CSecurities (stock) market
  4. DInsurance sector
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Answer: (C) Securities (stock) market
Question 6

Who signs the one-rupee note in India?

  1. AFinance Minister
  2. BRBI Governor
  3. CFinance Secretary
  4. DPresident
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Answer: (C) Finance Secretary
Question 7

NITI Aayog replaced the

  1. AFinance Commission
  2. BPlanning Commission
  3. CElection Commission
  4. DNational Development Council
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Answer: (B) Planning Commission
Question 8

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

  1. A100 days
  2. B150 days
  3. C200 days
  4. D50 days
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Answer: (A) 100 days
Question 9

Microfinance mainly provides

  1. ASmall loans to low-income people
  2. BInsurance to companies
  3. CLarge loans to industries
  4. DForeign exchange to exporters
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Answer: (A) Small loans to low-income people
Question 10

The National Stock Exchange index is called

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

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Question 11

The Union Budget is presented under which Article?

  1. AArticle 280
  2. BArticle 110
  3. CArticle 112
  4. DArticle 266
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Answer: (C) Article 112
Question 12

GDP measures the total value of

  1. AGovernment expenditure only
  2. BFinal goods and services produced within a country
  3. CExports minus imports
  4. DIncome of citizens abroad
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Answer: (B) Final goods and services produced within a country
Question 13

The New Economic Policy (liberalisation) in India was introduced in

  1. A1980
  2. B1991
  3. C1985
  4. D2000
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Answer: (B) 1991
Question 14

Which tax is a direct tax?

  1. ACustoms duty
  2. BExcise duty
  3. CIncome tax
  4. DGST
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Answer: (C) Income tax
Question 15

The Reserve Bank of India was established in

  1. A1969
  2. B1935
  3. C1947
  4. D1949
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Answer: (B) 1935
Question 16

Fourteen major commercial banks were nationalised in

  1. A1969
  2. B1991
  3. C1980
  4. D1949
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Answer: (A) 1969
Question 17

The repo rate is the rate at which

  1. ABanks lend to customers
  2. BRBI lends to commercial banks
  3. CBanks borrow from the public
  4. DRBI borrows from the government
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Answer: (B) RBI lends to commercial banks
Question 18

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 19

The Indian financial year runs from

  1. AOctober to September
  2. BJuly to June
  3. CJanuary to December
  4. DApril to March
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Answer: (D) April to March
Question 20

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

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

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