DescriptionINDIAN ECONOMY QUESTIONS and Answers exams contains the questions from various competitive exams.These questions are the part of previous year paper.These kind of questions would be helpful in preparing for exams like IAS, PCS, UPSC, NDA, CDS SSC, RRB, PSC, IBPS

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Question: Which Plan was a failure due to Indo-China war followed by Indo-Pakistan?

Answer:Third Five Year Plan

Question: "Sunrise Industries" are industries ____________

Answer:which have high growth potential and meet further requirements of the economy

Question: 'Bharat Nirman Yojana' does not include which of the following?


Question: Which rural schemes were merged with Swarnajayanti Gram Swarozgar Yojana?

Answer:NREP and RLEGP

Question: The Central Co-operative Banks are in direct touch with ____________

Answer:state co-operative banks

Question: Estimates of poverty in India are given by the ____________


Question: SEBI is a ____________

Answer:staturory body

Question: Who was the Chairman of National Income Committee?

Answer:VKRV Rao

Question: Joint SAARC University of eight SAARC nations will be established in ____________

Answer:New Delhi

Question: The rate at which banks lend to RBI is known as ____________

Answer:reverse repo rate

Question: Fiscal deficit in the Union Budget means ____________

Answer:the sum of budgetary deficit and net increase in internal and external borrowings

Question: 'Focus Product' and 'Focus Market' are related to which scheme?

Answer:Export Promotion

Question: 'Earn while you learn' scheme has been launched by ____________

Answer:Ministry of Tourism

Question: What are "Open Market Operations"?

Answer:Selling of gilt-edged securities by the government

Question: Economic growth is usually coupled with ____________


Question: The new Share Price Index (in dollar value) of Mumbai share market is ____________


Question: Poverty in less developed countries is largely due to ____________

Answer:income inequality

Question: Poverty gap is ____________

Answer:the difference between poverty line and actual income levels of all those living below that line

Question: Which of the following is not an affiliate of the RBI?

Answer:Aricultural Refinance Corporation

Question: Indian Green Revolution is the most successful in which of the following?

Answer:Wheat and rice