SEBI regulates the
- ABanking sector
- BInsurance sector
- CSecurities (stock) market
- DTelecom sector
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Answer: (C) Securities (stock) market
UPPSC PCS Economy Questions with Answers & Explanations
20 Economy questions from the Economy section of UPPSC PCS, 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.
MGNREGA guarantees how many days of wage employment in a year?
- A200 days
- B150 days
- C100 days
- D50 days
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Answer: (C) 100 days
The repo rate is the rate at which
- ARBI lends to commercial banks
- BRBI borrows from the government
- CBanks lend to customers
- DBanks borrow from the public
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Answer: (A) RBI lends to commercial banks
The Indian financial year runs from
- AApril to March
- BOctober to September
- CJanuary to December
- DJuly to June
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Answer: (A) April to March
Which tax is a direct tax?
- AGST
- BIncome tax
- CCustoms duty
- DExcise duty
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Answer: (B) Income tax
The New Economic Policy (liberalisation) in India was introduced in
- A1991
- B1985
- C2000
- D1980
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Answer: (A) 1991
The Reserve Bank of India was established in
- A1935
- B1969
- C1949
- D1947
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Answer: (A) 1935
The RBI was nationalised in
- A1949
- B1935
- C1969
- D1955
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Answer: (A) 1949
The Union Budget is presented under which Article?
- AArticle 266
- BArticle 110
- CArticle 280
- DArticle 112
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Answer: (D) Article 112
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
Ready for the real thing?
Timed Economy test · 15 questions · instant rank
Which body publishes the Consumer Price Index (CPI) in India?
- ASEBI
- BRBI
- CNational Statistics Office
- DNITI Aayog
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Answer: (C) National Statistics Office
Who signs the one-rupee note in India?
- APresident
- BRBI Governor
- CFinance Minister
- DFinance Secretary
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Answer: (D) Finance Secretary
Which body publishes the Consumer Price Index (CPI) in India?
- ANational Statistics Office
- BNITI Aayog
- CSEBI
- DRBI
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Answer: (A) National Statistics Office
The headquarters of the Reserve Bank of India is in
- AMumbai
- BKolkata
- CNew Delhi
- DChennai
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Answer: (A) Mumbai
Inflation means a
- ARise in exports
- BGeneral rise in the price level
- CFall in prices
- DRise in unemployment
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Answer: (B) General rise in the price level
The National Stock Exchange index is called
- AFTSE
- BNIFTY 50
- CSENSEX
- DNIKKEI
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Answer: (B) NIFTY 50
GST in India was implemented from
- A1 April 2016
- B1 April 2017
- C1 January 2018
- D1 July 2017
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Answer: (D) 1 July 2017
The Bombay Stock Exchange index is called
- ANASDAQ
- BSENSEX
- CDOW
- DNIFTY
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Answer: (B) SENSEX
SEBI regulates the
- ATelecom sector
- BInsurance sector
- CBanking sector
- DSecurities (stock) market
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Answer: (D) Securities (stock) market
Fourteen major commercial banks were nationalised in
- A1991
- B1949
- C1969
- D1980
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Answer: (C) 1969
These are RankerClub practice questions written in the UPPSC PCS pattern. They are not official SSC/IBPS/RRB papers.
