Indian Economy MCQs

Welcome to our comprehensive collection of Multiple Choice Questions (MCQs) on Indian Economy, a fundamental topic in the field of General Knowledge. Whether you're preparing for competitive exams, honing your problem-solving skills, or simply looking to enhance your abilities in this field, our Indian Economy MCQs are designed to help you grasp the core concepts and excel in solving problems.

In this section, you'll find a wide range of Indian Economy mcq questions that explore various aspects of Indian Economy problems. Each MCQ is crafted to challenge your understanding of Indian Economy principles, enabling you to refine your problem-solving techniques. Whether you're a student aiming to ace General Knowledge tests, a job seeker preparing for interviews, or someone simply interested in sharpening their skills, our Indian Economy MCQs are your pathway to success in mastering this essential General Knowledge topic.

Note: Each of the following question comes with multiple answer choices. Select the most appropriate option and test your understanding of Indian Economy. You can click on an option to test your knowledge before viewing the solution for a MCQ. Happy learning!

So, are you ready to put your Indian Economy knowledge to the test? Let's get started with our carefully curated MCQs!

Indian Economy MCQs | Page 2 of 8

Q11.
If all the banks in an economy are nationalized and converted into a monopoly bank, the total deposits
Discuss
Answer: (c).will neither increase nor decrease
Q12.
India changed over to the decimal system of coinage in
Discuss
Answer: (b).April 1957
Q13.
The association of the rupee with pound sterling as the intervention currency was broken in
Discuss
Answer: (c).1992
Q14.
On which one of the followings is the benefits received principle of taxation to achieve optimality bases?
Discuss
Answer: (d).Ability to pay for the benefit
Discuss
Answer: (a).investment pattern has been directed towards capital intensive industries
Discuss
Answer: (d).net addition to stock after depreciation
Q17.
On July 12, 1982, the ARDC was merged into
Discuss
Answer: (b).NABARD
Discuss
Answer: (c).Developments in national and international markets
Q19.
If the cash reserve ratio is lowered by the RBI, its impact on credit creation will be to
Discuss
Answer: (a).increase it
Q20.
Which of the following items would not appear in a company's balance sheet?
Discuss
Answer: (c).Revenue from sales of the company's products
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