Home › Quizzes › Indian Economics

Indian Economics

This quiz is designed to test your knowledge about Indian Economics.

15 Questions Published
Play Quiz Practise this topic out loud

Questions

Question 1 Multiple Choice (Single Answer)

What is the full form of GDP?

  1. Gross Domestic Product
  2. Gross Domestic Price
  3. Gross Domestic Profit
  4. Gross Domestic Production
Question 2 Multiple Choice (Single Answer)

Which sector contributes the most to India's GDP?

  1. Agriculture
  2. Industry
  3. Services
  4. Manufacturing
Question 3 Multiple Choice (Single Answer)

What is the current inflation rate in India?

  1. 4%
  2. 5%
  3. 6%
  4. 7%
Question 4 Multiple Choice (Single Answer)

What is the poverty rate in India?

  1. 20%
  2. 25%
  3. 30%
  4. 35%
Question 5 Multiple Choice (Single Answer)

Which state in India has the highest per capita income?

  1. Maharashtra
  2. Karnataka
  3. Tamil Nadu
  4. Goa
Question 6 Multiple Choice (Single Answer)

Which state in India has the lowest per capita income?

  1. Bihar
  2. Jharkhand
  3. Chhattisgarh
  4. Odisha
Question 7 Multiple Choice (Single Answer)

What is the main objective of the Reserve Bank of India (RBI)?

  1. To control inflation
  2. To maintain a stable exchange rate
  3. To promote economic growth
  4. To regulate the banking sector
Question 8 Multiple Choice (Single Answer)

What is the current repo rate set by the RBI?

  1. 4%
  2. 5%
  3. 6%
  4. 7%
Question 9 Multiple Choice (Single Answer)

What is the current reverse repo rate set by the RBI?

  1. 3.5%
  2. 4%
  3. 4.5%
  4. 5%
Question 10 Multiple Choice (Single Answer)

What is the difference between the repo rate and the reverse repo rate?

  1. Repo rate is the rate at which banks borrow money from the RBI, while reverse repo rate is the rate at which banks lend money to the RBI.
  2. Repo rate is the rate at which banks lend money to the RBI, while reverse repo rate is the rate at which banks borrow money from the RBI.
  3. Repo rate is the rate at which the RBI borrows money from banks, while reverse repo rate is the rate at which the RBI lends money to banks.
  4. Repo rate is the rate at which the RBI lends money to banks, while reverse repo rate is the rate at which the RBI borrows money from banks.
Question 11 Multiple Choice (Single Answer)

What is the role of the National Stock Exchange (NSE) in the Indian economy?

  1. To regulate the stock market
  2. To provide a platform for trading stocks and other securities
  3. To promote economic growth
  4. To protect the interests of investors
Question 12 Multiple Choice (Single Answer)

Which city in India is known as the financial capital of the country?

  1. Mumbai
  2. Delhi
  3. Kolkata
  4. Chennai
Question 13 Multiple Choice (Single Answer)

What is the name of the Indian currency?

  1. Rupee
  2. Dollar
  3. Pound
  4. Euro
Question 14 Multiple Choice (Single Answer)

What is the symbol of the Indian Rupee?

  1. ₹
  2. $
  3. £
  4. €
Question 15 Multiple Choice (Single Answer)

What is the value of 1 US Dollar in Indian Rupees?

  1. 70
  2. 80
  3. 90
  4. 100
← Back to Quizzes