Indian Economy

Indian Economy is an important for all competitive exams like UPSC, PSC, SSC etc.  Here we have providing Indian economy GK questions with answers. In this section, each question has four alternatives you have to identify and find the correct answers. Check out dailyrecruitment site to get GK quiz about computer awareness, general science physics, general science chemistry and general science biology etc Candidates may use this chance to get a good marks score in exams and enhance your knowledge.

To prepare for competitive exams candidate need to follow the given instruction.

  • Read the questions twice then select the correct answer.
  • Practice these kind of MCQs daily it will definitely develop your knowledge and skills.
  • Note the repeated questions.
  • Revise the questions well.



Your are right.

1. Reserve Bank of India was nationalized in the year

2. The average rate of domestic savings (gross) for the Indian economy is currently estimated to be in the range of

3. The annual yield from which of the following Union Government taxes is the highest?

4. How many banks were nationalized in 1969?

5. The apex body for formulating plans and coordinating research work in agriculture and allied fields is

6. In India, which one among the following formulates the fiscal policy?

7. Short-term finance is usually for a period ranging up to

8. Since 1983, the RBI is responsibility with respect to regional rural banks was transferred to

9. The ARDC is now a branch of the ______

10. Paper currency first started in India in

11. Deficit financing implies

12. Foreign Direct Investment ceilings in the telecom sector have been raised from 74 percent to

13. ICICI is the name of a

14. Development expenditure of the Central government does not include

15. The central banking functions in India are performed by the

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