Toggle navigation
OnlineTPSC
Indian Economy
(current)
Mock Test
MCQ
Tripura History
Tripura Geography
Indian History
Indian Geography
Indian Polity & Constitution
General Science
Indian Economy
GK
North East India
English Grammar
Login
Sign up
Indian Economy MCQs with Answer
Q: Which one of the following is the main source of revenue for the states ?
A: Property tax
B: Sales tax
C: Excise duty
D: None of these
Answer
Sales tax
Q: Which of the following sector gives the largest income in India ?
A: Trade sector
B: Railway
C: Agriculture
D: Service sector
Answer
Service sector
Q: Which institution in India controls the monetary policy of Indian currency?
A: Finance Commission
B: The Finance Ministry of India
C: The Reserve Bank of India
D: None of the above
Answer
The Reserve Bank of India
Q: Mixed economy means an economy where:
A: There is co-existence of public sector along with private sector
B: Both agriculture and Industry are equally promoted by the state
C: There is importance of small scale industries along with heavy industries
D: Economy is controlled by military as well as civilian rulers
Answer
There is co-existence of public sector along with private sector
Q: Which activity is
not
included in service sector ?
A: Trade, hotels and restaurants
B: Real estate, finance and insurance
C: Transport and communication
D: Electricity, gas and water supply
Answer
Electricity, gas and water supply
Q: Economic growth is usually coupled with ___________.
A: deflation
B: inflation
C: Stagflation
D: hyper inflation
Answer
inflation
Q: NITI Aayog, which replaced the Planning commission of India, was formed by a cabinet resolution of the Government of Inda on:
A: 1st January, 2015
B: 26th January, 2015
C: 15th August, 2015
D: None of the above
Answer
1st January, 2015
Q: Government imposes taxes to:
A: run the machinery of State
B: uplift of weaker sections
C: check the accumulation of wealth among the rich
D: None of the above
Answer
run the machinery of State
Q: Tertiary sector activities include
A: Cottage industries
B: Mining activities
C: Construction activities
D: Infrastructure services
Answer
Infrastructure services
Q: Which of the following was established in 1990 as a wholly owned subsidiary under the Small Industries Development Bank of India Act, 1989 ?
A: RBI
B: SIDBI
C: ICICI
D: NABARD
Answer
SIDBI
1
...