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SSC CHSL /
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Economy
SSC CHSL Economy Questions with Answers & Explanations
20 Economy questions from the General Awareness section of SSC CHSL, 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 National Stock Exchange index is called
A SENSEX
B FTSE
C NIKKEI
D NIFTY 50
Show answer
Answer: (D) NIFTY 50
Question 2
The New Economic Policy (liberalisation) in India was introduced in
A 1980
B 1991
C 2000
D 1985
Show answer
Answer: (B) 1991
Question 3
The Union Budget is presented under which Article?
A Article 110
B Article 112
C Article 280
D Article 266
Show answer
Answer: (B) Article 112
Question 4
MGNREGA guarantees how many days of wage employment in a year?
A 150 days
B 100 days
C 200 days
D 50 days
Show answer
Answer: (B) 100 days
Question 5
Who signs the one-rupee note in India?
A President
B Finance Secretary
C RBI Governor
D Finance Minister
Show answer
Answer: (B) Finance Secretary
Question 6
Microfinance mainly provides
A Small loans to low-income people
B Large loans to industries
C Foreign exchange to exporters
D Insurance to companies
Show answer
Answer: (A) Small loans to low-income people
Question 7
GST in India was implemented from
A 1 July 2017
B 1 January 2018
C 1 April 2016
D 1 April 2017
Show answer
Answer: (A) 1 July 2017
Question 8
Inflation means a
A General rise in the price level
B Rise in exports
C Rise in unemployment
D Fall in prices
Show answer
Answer: (A) General rise in the price level
Question 9
The Indian financial year runs from
A July to June
B April to March
C January to December
D October to September
Show answer
Answer: (B) April to March
Question 10
The New Economic Policy (liberalisation) in India was introduced in
A 2000
B 1985
C 1991
D 1980
Show answer
Answer: (C) 1991
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Question 11
NITI Aayog replaced the
A National Development Council
B Finance Commission
C Planning Commission
D Election Commission
Show answer
Answer: (C) Planning Commission
Question 12
The RBI was nationalised in
A 1969
B 1949
C 1955
D 1935
Show answer
Answer: (B) 1949
Question 13
The Bombay Stock Exchange index is called
A SENSEX
B NIFTY
C DOW
D NASDAQ
Show answer
Answer: (A) SENSEX
Question 14
Fourteen major commercial banks were nationalised in
A 1991
B 1969
C 1949
D 1980
Show answer
Answer: (B) 1969
Question 15
The Reserve Bank of India was established in
A 1947
B 1949
C 1969
D 1935
Show answer
Answer: (D) 1935
Question 16
GDP measures the total value of
A Final goods and services produced within a country
B Income of citizens abroad
C Exports minus imports
D Government expenditure only
Show answer
Answer: (A) Final goods and services produced within a country
Question 17
The National Stock Exchange index is called
A FTSE
B NIFTY 50
C SENSEX
D NIKKEI
Show answer
Answer: (B) NIFTY 50
Question 18
The Union Budget is presented under which Article?
A Article 110
B Article 266
C Article 280
D Article 112
Show answer
Answer: (D) Article 112
Question 19
MGNREGA guarantees how many days of wage employment in a year?
A 50 days
B 200 days
C 100 days
D 150 days
Show answer
Answer: (C) 100 days
Question 20
GDP measures the total value of
A Exports minus imports
B Income of citizens abroad
C Government expenditure only
D Final goods and services produced within a country
Show answer
Answer: (D) Final goods and services produced within a country
These are RankerClub practice questions written in the SSC CHSL pattern. They are not official SSC/IBPS/RRB papers.
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