SSC CGL Economics Previous Year Questions Answer

This Mock Test Is Good To Practice The Questions Of SSC CGL Economics Exam That Are As The Same Pattern Main Exam .Candidates Are Required To Practice Hard To Score Well In The SSC CGL Economics Exam. Therefore, Here Have Provided The SSC CGL Economics Previous Year Questions Answer In Which Many Questions Available To Help You And Improve Your Skills. These Tests Will Determine Your Current Status And Position. These Will Be Based On New Pattern And Updated Syllabus. The Test Will Be Provided In English And If You Want To Give It In Hindi Then Visit Our Hindi Website.

[su_accordion]1. The Gift Edged Market In The Capital Market Of India Refers To [/su_accordion]
• Long-Term Private Securities
• Market Dealing In Existing Securities.
• Market For Corporate Securities
• Market For Government Securities
[su_spoiler title=”Answer”]market Dealing In Existing Securities.[/su_spoiler][su_accordion]

2. Commercial Banking System In India Is [/su_accordion]
• Mixed Banking
• Branch Banking
• None Of These
• Unit Banking
[su_spoiler title=”Answer”]branch Banking[/su_spoiler][su_accordion]

3. The Proceeds Of Income Tax Go To [/su_accordion]
• State Government
• Corporation Authorities
• Centre And States
• Central Government
[su_spoiler title=”Answer”]Centre And States[/su_spoiler][su_accordion]

4. Merchant Banking Is An Institution Which Provides Finances To : [/su_accordion]
• Domestic Whole Sale Trade
• International Trade Among Countries
• Domestic Retail Trade Among
• International Aid Agencies
[su_spoiler title=”Answer”]international Trade Among Countries[/su_spoiler][su_accordion]

5. Which Of The Following Is The Specialty Designed Scheme For The Welfare Of The Indian Women Introduced Recently By General Insurance? [/su_accordion]
• Bhagya Shree
• Rajeshwari
• Bhagya Rajeshwari
• Raja Lakshmi
[su_spoiler title=”Answer”]Rajeshwari[/su_spoiler][su_accordion]

6. The Planning Commission Of India Was Constituted In The Year [/su_accordion]
• 1942
• 1955
• 1950
• 1947
[su_spoiler title=”Answer”]1950[/su_spoiler][su_accordion]

7. Which Of The Following Is Not An Objective Of The Monetary Policy Of Tile RBI ? [/su_accordion]
• Ensure Social Justice
• Control Inflationary Pressure
• Direct Credit In Desirable Direction
• Boost Economic Development
[su_spoiler title=”Answer”]Ensure Social Justice[/su_spoiler][su_accordion]

8. How Does The Consumer Benefit Wife VAT? [/su_accordion]
• With Fee Abolition Of Fee Sales Tax
• Reduces Fee Cost Of Production
• It Removes Tax On Tax And Thus Reduces Price Rise
• Due To The Exemption Of Small Businesses From The Tax Within Certain Limits Prescribed By The State
[su_spoiler title=”Answer”]It Removes Tax On Tax And Thus Reduces Price Rise[/su_spoiler][su_accordion]

9. The First State Owned Company From India To Be Listed On The New York Stock Exchange Is [/su_accordion]
• Wipro
• Videsh Sanchar Nigam Ltd.
• Mahanagar Telephone Nigam Ltd.
• Tata Iron And Steel Company
[su_spoiler title=”Answer”] Videsh Sanchar Nigam Ltd.[/su_spoiler][su_accordion]

10. The Credit Control Operation In India Is Performed By [/su_accordion]
• Commercial Banks
• Reserve Bank Of India
• State Bank Of India
• Rural Banks
[su_spoiler title=”Answer”]Reserve Bank Of India[/su_spoiler][su_accordion]

11. The Narasimhan Committee (1991) On Financial Reforms Proposed For Establishment Of A [/su_accordion]
• Three Tier Hierarchy Of The Banking Structure
• Four Tier Hierarchy Of The Banking Structure
• Two Tier Hierarchy Of The Banking Structure
• Unified Control By The Apex Institutions
[su_spoiler title=”Answer”]Four Tier Hierarchy Of The Banking Structure[/su_spoiler][su_accordion]

12. The Receipts Of Which Of The Following Taxes Duties Are Not Shared With The States ? [/su_accordion]
• Capital Gain Tax
• Tax On Income Except Agriculture
• Corporation Tax
• Surcharge On Income Tax
[su_spoiler title=”Answer”]Tax On Income Except Agriculture[/su_spoiler][su_accordion]

13. What Is The ”Gram Samridhi Yojana” In Replacement Of [/su_accordion]
• Indra Awas Yojana
• Jawahar Rozgar Yojana
• Prime Ministers Employment Scheme.
• I.R.D.P
[su_spoiler title=”Answer”]Jawahar Rozgar Yojana[/su_spoiler][su_accordion]

14. Which Of The Following Mahatma Gandhi Series Of Currency Notes Issued By The RBI Has ”Ecology” Depicted On It? [/su_accordion]
• Rs. 100
• Rs. 500
• Rs. 50
• Rs. 5
[su_spoiler title=”Answer”] Rs. 100[/su_spoiler][su_accordion]

15. The Finance Al Capital Of India Is [/su_accordion]
• Chennai
• Mumbai
• Delhi
• Chandigarh
[su_spoiler title=”Answer”] Mumbai[/su_spoiler][su_accordion]

16. Which Amidst Fee Following Rural Banks Has Been Named After A River? [/su_accordion]
• Varada Grameen Bank
• Thar Anchalik Grameen Bank
• Aravali Kshetriya Grameen Bank
• Prathama Bank
[su_spoiler title=”Answer”]Varada Grameen Bank[/su_spoiler][su_accordion]

17. Banks In India Were Nationalized For The First Time In The Year [/su_accordion]
• 1969
• 1960
• 1979
• 1950
[su_spoiler title=”Answer”] 1969[/su_spoiler][su_accordion]

18. Canalised List Of Items In Foreign Trade Of India Refers To [/su_accordion]
• List Of Items To Be Subsidized
• List Of Items To Be Granted Duty Concession
• Items To Be Imported Only By The State Owned Undertaking
• The Items To Be Imported By The Private Agencies
[su_spoiler title=”Answer”]items To Be Imported Only By The State Owned Undertaking[/su_spoiler][su_accordion]

19. The Indian Economy Can Be Most Appropriately Described As A : [/su_accordion]
• Capitalist Economy
• Socialist Economy
• Traditional Economy
• Mixed Economy
[su_spoiler title=”Answer”]Mixed Economy[/su_spoiler][su_accordion]

20. One Of The Objectives Of Industrial Licensing Policy In India Was To Ensure : [/su_accordion]
• Free Flow Of Foreign Capital In Indian Industries.
• Use Of Modem Technology
• Balanced Industrial Development Across Regions.
• Creation Of Adequate Employment Opportunities.
[su_spoiler title=”Answer”]balanced Industrial Development Across Regions.[/su_spoiler][su_accordion]

21. The Report Of Vijay Kelkar Committee Relates To [/su_accordion]
• Trade Reforms
• Disinvestment In Public Sector Enterprises
• Tax Reforms
• Centre State Financial Relations
[su_spoiler title=”Answer”]Tax Reforms[/su_spoiler][su_accordion]

22. Which From The Following Is Not A Navaratna PSU ? [/su_accordion]
• IOC
• LIC
• ONGC
• SAIL
[su_spoiler title=”Answer”] LIC[/su_spoiler][su_accordion]

23. Which Of The Following Yields The Largest Revenue To The Government Of India? [/su_accordion]
• Sales Tax
• Excise Duty
• Income Tax
• Entertainment Tax
[su_spoiler title=”Answer”]Excise Duty[/su_spoiler][su_accordion]

24. To Achieve Economic Self-Reliance Was The Main Objective Of Which Five Year Plan? [/su_accordion]
• Second Five Year Plan
• Third Five Year Plan
• Fourth Five Year Plan
• First Five Year Plan
[su_spoiler title=”Answer”]Fourth Five Year Plan[/su_spoiler][su_accordion]

25. RBI Does Not Transact The Business Of Which State Government? [/su_accordion]
• Nagaland
• Jammu And Kashmir
• Punjab
• Assam
[su_spoiler title=”Answer”]Jammu And Kashmir[/su_spoiler][su_accordion]

26. India Adopted The Five Year Plans From [/su_accordion]
• America
• England
• Former USSR
• France
[su_spoiler title=”Answer”] Former USSR[/su_spoiler][su_accordion]

27. Which Of The Following Is Not A Necessary Condition For The Development Of India ? [/su_accordion]
• Capital Accumulation
• Resource Discovery
• Technological Development
• Population Growth
[su_spoiler title=”Answer”]Population Growth[/su_spoiler][su_accordion]

28. Which Of The Following Is The Largest Employer In India? [/su_accordion]
• Posts And Telegraphs Department
• Indian Railways
• Steel Authority Of India
• Food Corporation Of India
[su_spoiler title=”Answer”]Indian Railways[/su_spoiler][su_accordion]

29. National Income Refers To [/su_accordion]
• Money Value Of Stocks And Shares Of A Country During A Year
• Money Value Of Capital Goods Produced By A Country During A Year
• Money Value Of Consumer Goods Produced By A Country During A Year
• Money Value Of Goods And Services Produced In A Country During A Year
[su_spoiler title=”Answer”] Money Value Of Capital Goods Produced By A Country During A Year[/su_spoiler][su_accordion]

30. What Is The Maximum Amount Of Investment In The Shares Of Debentures Of Notified Companies Like The ICICI The IDBI Etc. That Will Entitle A Rebate In Income Tax Up To 20% Of The Amount Invested ? [/su_accordion]
• Rs. 20000
• Rs. 80000
• Rs. 60000
• Rs. 10000
[su_spoiler title=”Answer”]Rs. 80000[/su_spoiler][su_accordion]

31. In The Budget Figures Of The Government Of India Interest Payments Subsidies Pensions Social Services And The Like Are Parts Of The [/su_accordion]
• State Government Expenditure:
• Public Debt In The Form Of Capital Expenditure
• Non-Plan Expenditure
• Plan Expenditure
[su_spoiler title=”Answer”]Non-Plan Expenditure[/su_spoiler][su_accordion]

32. Which Of The Following Is An Open Market Operation Of The RBI ? [/su_accordion]
• Trading In Securities
• Transactions In Gold
• Lending To Commercial Banks
• Buying And Selling Of Shares
[su_spoiler title=”Answer”]Trading In Securities[/su_spoiler][su_accordion]

33. The Main Objective Of Antyodaya Programme Is [/su_accordion]
• Upliftment Of Industrial Workers
• Unpliftment Of Rural Poor
• Upliftment Of Farmers
• Upliftment Of Urban Poor
[su_spoiler title=”Answer”]unpliftment Of Rural Poor[/su_spoiler][su_accordion]

34. With The Inclusion Of Shipping Corporation Of India Recently In The List Of Navratna PSEs Their Number Now Stands At [/su_accordion]
• 15
• 16
• 17
• 18
[su_spoiler title=”Answer”]16[/su_spoiler][su_accordion]

35. State Which Amongst The Following Is Not True About VAT? [/su_accordion]
• It Will Make Our Exports More Competitive
• It Will Promote Production Efficiency Of Investments
• State Have Discretion To Fix The Rate Of Tax Within The Four Rates Prescribed
• All States Have Uniform VAT For The Same Product
[su_spoiler title=”Answer”]It Will Make Our Exports More Competitive[/su_spoiler][su_accordion]

36. In The Post Independence Period Economic Reforms Were First Introduced In India Under [/su_accordion]
• Rajiv Gandhi Government (1985)
• P.V. Narasimha Rao Government (1990)
• Indira Gandhi Government (1980)
• Janata Party Government (1977)
[su_spoiler title=”Answer”]P.V. Narasimha Rao Government (1990)[/su_spoiler][su_accordion]

37. The Largest Source Of Revenue To The Union Government Is [/su_accordion]
• Wealth Tax
• Customs Duty
• Central Excise Duty
• Income Tax
[su_spoiler title=”Answer”]Central Excise Duty[/su_spoiler][su_accordion]

38. The Main Source Of Revenue For A State Government In India Is [/su_accordion]
• Property Tax
• Sales Tax
• Excise Duty
• Income Tax
[su_spoiler title=”Answer”]Sales Tax[/su_spoiler][su_accordion]

39. During Which Five Year Plan Did India Lay Down The Objective Of The Need To Ensure Environmental Sustainability Of The Development Strategy? [/su_accordion]
• 7th Five Year Plan
• 8th Five Year Plan
• 9th Five Year Plan
• 6th Five Year Plan
[su_spoiler title=”Answer”]9th Five Year Plan[/su_spoiler][su_accordion]

40. Which Of The Following Indian Banks Became The First To Touch A Market Capitalisation Of Rs.100000 Crore In India ? [/su_accordion]
• HDFC
• PNB
• SBI
• ICICI
[su_spoiler title=”Answer”]SBI[/su_spoiler][su_accordion]

41. Which Bank Was Merged In The Punjab National Bank In February 2003 ? [/su_accordion]
• Madurai Bank Ltd.
• Nedugadi Bank Ltd.
• Nainital Bank Ltd.
• Catholic Syrian Bank Ltd.
[su_spoiler title=”Answer”]Nedugadi Bank Ltd.[/su_spoiler][su_accordion]

42. The Highest Body Which Approves The Five Year Plan In India Is The [/su_accordion]
• Union Cabinet
• National Development Council
• Finance Ministry
• Planning Commission
[su_spoiler title=”Answer”]National Development Council[/su_spoiler][su_accordion]

43. The National Income Of A Country Is [/su_accordion]
• Government Annual Revenue
• Total Productive Income
• Surplus Of The Public Sector Enterprise
• Export(Loan) Import
[su_spoiler title=”Answer”]Total Productive Income[/su_spoiler][su_accordion]

44. When Was The Jawahar Rozgar Yojna Launched ? [/su_accordion]
• 1991
• 1987
• 1989
• 1985
[su_spoiler title=”Answer”]1989[/su_spoiler][su_accordion]

45. RBI Does Not Transact The Business Of Which Of The Following State Governments ? [/su_accordion]
• Nagaland
• J & K
• Rajasthan
• Assam
[su_spoiler title=”Answer”]J & K[/su_spoiler][su_accordion]

46. NABARD Is The Name Of A [/su_accordion]
• Financial Institution
• Non-Banking Financial Institution
• Specialised Bank To Help Agriculture
• Commercial Bank
[su_spoiler title=”Answer”]Specialised Bank To Help Agriculture[/su_spoiler][su_accordion]

47. 30. Why Did The Government Bail Fee Import Of Terminator Seeds? [/su_accordion]
• These Seeds Contain Genetically Engineered Properties To Prevent Further Multiplication
• These Seeds Are Injurious To Human And Animal Health
• These Seeds Multiply At Very Slow Rates
• To Contain A Virus Which Can Destroy Local Crops
[su_spoiler title=”Answer”]These Seeds Contain Genetically Engineered Properties To Prevent Further Multiplication[/su_spoiler][su_accordion]

48. The Famous Slogan “GARIBI HATAO” (Remove Poverty) Was Launched During The [/su_accordion]
• Second Five Year Plan (1956-61)
• Third Five Year Plan (1961- 66)
• Fourth Five Year Plan (1966-71)
• First Five Year Plan (1951-56)
[su_spoiler title=”Answer”]Fourth Five Year Plan (1966-71)[/su_spoiler][su_accordion]

49. The System Of Issuing And Monitoring Of Money In The Market Is Known As [/su_accordion]
• Proportional Reserve Ratio
• Fixed Reserve Ratio
• Floating Reserve Ratio
• Minimum Reserve Ratio
[su_spoiler title=”Answer”]Minimum Reserve Ratio[/su_spoiler][su_accordion]

50. A Scheduled Bank Is One Which Is Included In The [/su_accordion]
• II Schedule Of Reserve Bank Of India Act
• II Schedule Of Constitution
• II Schedule Of Banking Regulation Act
• None Of The Above
[su_spoiler title=”Answer”]II Schedule Of Reserve Bank Of India Act[/su_spoiler]

If You Are Preparing For The SSC CGL Economics Exam, We Have Provided The Questions Answer In The Post As A Mock Test .QUIZ ON INDIAN ECONOMICS (OBJECTIVE QUESTIONS) Questions Related To Indian Economics Are Always Asked In Every Competitive Examinations Conducted By SSC CGL, UPSC, PSC, LIC, GIC, Railways, IBPS, Etc It’s Related To Economics Questions For Ssc Cgl Pdf Ssc Economics Question Pdf Ssc Cgl Economics Previous Year Questions Economics Question For Ssc . If You Have Any Questions Or Suggestions About Them Or If You Want To Know More About This So, Please Comment Below.