100+ Indian Economy MCQs | Indian Economy | Top Indian Economy MCQs with Answer Quiz |

WhatsApp Group Join Now
Telegram Group Join Now
Linkedin Group Join Now
200+ Verified HR Mail id of Steel, power & Cement Plant Download Now
Share Now

46. SSI stands for

A. small scale industries ,
B. small saving interest ,
C. saving social of india ,
D. all the three

A. small scale industries ,

47. SAIL was set up in

A. 1980.
B. 1970 .
C. 1974.
D. 1989.

C. 1974.

48. IISCO came under the control of :

A. rbi
B. sail
C. uti
D. pnb

B. sail

49. MARTP Act is related to …………….

A. industry
B. service
C. bank
D. shipping

A. industry

50. Small –scale industries contributed …………% towards total production of manufacturing :

A. 20.43
B. 5.83
C. 10.3
D. 16.79

B. 5.83

51. Bokaro Steel plant was started during ……………. plan .

A. first
B. second
C. third
D. fourth

D. fourth

52. Indian Iron and Steel company was established in ……………

A. 1919
B. 1909
C. 1976
D. 1090

B. 1909

53. …………… is known as the father of Iron and Steel company in India.

A. Jamshedji tata
B. ratan tata
C. Ambani
D. Mittal

A. Jamshedji tata

54. WTO prescribes export subsidies as:

A. competition
B. unfair competition
C. monopolistic competition
D. exploitation

B. unfair competition

55. Export promotion is an:

A. inward looking strategy
B. outward looking strategy
C. fiscal strategy
D. political strategy

B. outward looking strategy

56. Since March 1973, the world, more or less, had a:

A. free floating exchange rate system
B. fixed exchange rate system
C. managed floating exchange rate system
D. adjustable peg system

C. managed floating exchange rate system

57. Net National gains from trade is measurable function of:

A. volume of trade
B. relative prices in two countries
C. factor cost of commodities traded
D. volume of trade credited and change in prices caused by trade

D. volume of trade credited and change in prices caused by trade

58. Outward looking development policies are not associated with:

A. open system of communications
B. free movement of capital
C. multinational enterprises
D. learning by doing

D. learning by doing

59. Import quota is :

A. tariff
B. non-tariff trade barrier
C. concession
D. international obligation

B. non-tariff trade barrier

60. Balance of payments must always balance because:

A. trade deficit is cancelled by invisible credits
B. import always equals exports
C. of an accounting connection
D. what a country gets, it must either pay or save

C. of an accounting connection


Share Now
Most Important Books For Exam Preparation Click to Buy 👇
OSSC CGL Combined Graduate Level Examination Guide 2026–27
Yearly Current Affairs 2026 useful for Odisha OSSC CGL, OSSSC, OPRB,OPSC,Railway, Teaching, Banking & Other Govt. Exams
Objective Electrical Technology
Instrumentation Engineer’s Handbook – Process Instrumentation
S.K Jha ITI Electrician 3500+ Book

Apply Below 👇Jobs Before it Expire

Kusum Smelters Recruitment 2026

Kusum Smelters Recruitment 2026: Hiring Experienced Professionals for New Project

Ashapura Group Recruitment 2026

Ashapura Group Recruitment 2026: Walk-in Interview for Multiple Posts

Pyrotech Electronics Recruitment 2026 official hiring poster for AI/ML Engineers and Graduate Engineer Trainees.

Pyrotech Electronics Recruitment 2026: AI/ML & GET Engineers Hiring

CEAT Recruitment 2026 Apprentice Trainee Hiring Banner for Butibori Plant Nagpur

CEAT Recruitment 2026: Apprentice Trainee Hiring for Freshers | Permanent Role

KBR Recruitment 2026 for engineering and construction roles in Abu Dhabi UAE

KBR Recruitment 2026: Exciting Engineering Jobs in Abu Dhabi, UAE

NMDC Recruitment 2026 for Junior Engineers

NMDC Recruitment 2026 for Junior Engineers – Online Application Starts Now

Scroll to Top