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SSC Stenographer Economy Questions with Answers & Explanations

20 Economy questions from the General Awareness section of SSC Stenographer, 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 New Economic Policy (liberalisation) in India was introduced in

  1. A1980
  2. B1985
  3. C2000
  4. D1991
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Answer: (D) 1991
Question 2

The repo rate is the rate at which

  1. ARBI lends to commercial banks
  2. BBanks lend to customers
  3. CRBI borrows from the government
  4. DBanks borrow from the public
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Answer: (A) RBI lends to commercial banks
Question 3

SEBI regulates the

  1. ATelecom sector
  2. BInsurance sector
  3. CSecurities (stock) market
  4. DBanking sector
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Answer: (C) Securities (stock) market
Question 4

The Indian financial year runs from

  1. AApril to March
  2. BOctober to September
  3. CJuly to June
  4. DJanuary to December
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Answer: (A) April to March
Question 5

The National Stock Exchange index is called

  1. ASENSEX
  2. BFTSE
  3. CNIKKEI
  4. DNIFTY 50
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Answer: (D) NIFTY 50
Question 6

NITI Aayog replaced the

  1. APlanning Commission
  2. BFinance Commission
  3. CNational Development Council
  4. DElection Commission
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Answer: (A) Planning Commission
Question 7

Which tax is a direct tax?

  1. AGST
  2. BIncome tax
  3. CCustoms duty
  4. DExcise duty
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Answer: (B) Income tax
Question 8

The headquarters of the Reserve Bank of India is in

  1. AMumbai
  2. BKolkata
  3. CChennai
  4. DNew Delhi
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Answer: (A) Mumbai
Question 9

Inflation means a

  1. ARise in exports
  2. BGeneral rise in the price level
  3. CFall in prices
  4. DRise in unemployment
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Answer: (B) General rise in the price level
Question 10

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

  1. A200 days
  2. B50 days
  3. C150 days
  4. D100 days
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Answer: (D) 100 days

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Question 11

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

  1. ASEBI
  2. BNational Statistics Office
  3. CNITI Aayog
  4. DRBI
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Answer: (B) National Statistics Office
Question 12

The Union Budget is presented under which Article?

  1. AArticle 266
  2. BArticle 112
  3. CArticle 280
  4. DArticle 110
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Answer: (B) Article 112
Question 13

The Reserve Bank of India was established in

  1. A1935
  2. B1969
  3. C1947
  4. D1949
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Answer: (A) 1935
Question 14

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

  1. A1985
  2. B1980
  3. C1991
  4. D2000
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Answer: (C) 1991
Question 15

Fourteen major commercial banks were nationalised in

  1. A1949
  2. B1969
  3. C1980
  4. D1991
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Answer: (B) 1969
Question 16

GDP measures the total value of

  1. AGovernment expenditure only
  2. BFinal goods and services produced within a country
  3. CIncome of citizens abroad
  4. DExports minus imports
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Answer: (B) Final goods and services produced within a country
Question 17

The RBI was nationalised in

  1. A1969
  2. B1949
  3. C1935
  4. D1955
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Answer: (B) 1949
Question 18

Who signs the one-rupee note in India?

  1. APresident
  2. BRBI Governor
  3. CFinance Minister
  4. DFinance Secretary
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Answer: (D) Finance Secretary
Question 19

Inflation means a

  1. AFall in prices
  2. BRise in exports
  3. CRise in unemployment
  4. DGeneral rise in the price level
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Answer: (D) General rise in the price level
Question 20

The RBI was nationalised in

  1. A1949
  2. B1935
  3. C1955
  4. D1969
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Answer: (A) 1949

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

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