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Economy Online Exam Quiz

Important questions about Economy. Economy MCQ questions with answers. Economy exam questions and answers for students and interviews.

1. By what percent does the bank credit grows for the financial year 2018-19, as per the Reserve Bank of India(RBI)?

Options

A : 12.24%

B : 12.54%

C : 13.24%

D : 13.54%

2. Who sets a limit for External Commercial Borrowings at 6.5% of GDP at current market prices?

Options

A : Central Bank of India

B : SEBI

C : Reserve Bank of India

D : Ministry of Finance

3. With which country India signed the Second Protocol amending the Comprehensive Economic Cooperation Agreement in New Delhi?

Options

A : Singapore

B : Malaysia

C : US

D : Canada

4. Finance Minister Piyush Goyal announced a cash back of __________ for digital transactions.

Options

A : 15%

B : 10%

C : 20%

D : 25%

5. IMF Cuts India's GDP Growth Forecast is __________.

Options

A : 7.3%

B : 7.4%

C : 7.2%

D : 7.5%

6. According to Asian Development Outlook 2019 report, what is the growth rate?

Options

A : 5.1%

B : 5.4%

C : 5.7%

D : 5.9%

7. According to the new Index by Nomura, how many countries are at risk of exchange rate crises?

Options

A : 7

B : 8

C : 12

D : 15

8. What is the threshold limit of GST registration according to 32nd Meeting of GST Council?

Options

A : 40 lakh

B : 30 Lakh

C : 35 Lakh

D : 20 Lakh

9. The name of the joint venture that was announced between Bombay Stock Exchange (BSE) and S&P Dow Jones is?

Options

A : Asia Index

B : BSE index

C : BSE and S&P Index

D : S&P Jones Index

10. India has cut import taxes on crude and refined palm oil from ASEAN countries from 44% to __________.

Options

A : 31%

B : 38%

C : 41%

D : 40%

1. GST on under construction flats cut from 12 percent to __________ %.

Options

A : 10.5%

B : 7%

C : 5%

D : 8.2%

2. Govt Allocates Rs __________ Cr for Development of 40 Satellite launch vehicles for the next 4 years.

Options

A : 10,900

B : 10,600

C : 10,400

D : 10,200

3. Union Minister for Minority Affairs Mukhtar Abbas Naqvi stated that the GST on Haj reduced from 18% to __________.

Options

A : 8%

B : 12%

C : 5%

D : 15%

4. How much amount has been spent by Government on GST advertisements?

Options

A : Rs 117 crore

B : Rs 125 crore

C : Rs 110 crore

D : Rs 132 crore

5. Indian economy grew by __________ in the first quarter (April-June) of the current fiscal year.

Options

A : 7.5%s

B : 7.8%

C : 8.0%

D : 8.2%

6. The Asian countries of RCEP have offered a concession to this country to open up its markets?

Options

A : Thailand

B : Malaysia

C : Philippines

D : India

7. According to the report of United Nations' World Economic Situation and Prospects (WESP) 2019, what will be the growth rate of India for in 2019-20?

Options

A : 7.6%

B : 7.5%

C : 7.4%

D : 7.8%

8. Union government retained the interest rate for General Provident Fund (GPF) at ___________ % for the first quarter of the current financial year 2019-2020.

Options

A : 9%

B : 5%

C : 8%

D : 12%

9. Fitch Cuts India GDP Growth Forecast for FY20 is __________.

Options

A : 7.4%

B : 6.8%

C : 8.1%

D : 4.8%

10. The government has slashed the minimum annual deposit requirement for accounts under the Sukanya Samriddhi Yojana (SSY) to __________ from Rs 1,000.

Options

A : Rs 350

B : Rs 500

C : Rs 250

D : Rs 400

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