Economy

The benchmark index of NSE is called?

A Sensex
B Nifty 50
C BSE 100
D India VIX

Which body regulates insurance in India?

A SEBI
B IRDAI
C RBI
D PFRDA

IRDAI stands for?

A Insurance Regulatory and Development Authority of India
B Indian Reserve and Development Authority
C Investment Regulation and Development Authority
D Insurance Rating and Development Agency of India

PFRDA regulates which sector in India?

A Banking
B Pension funds
C Insurance
D Mutual funds

Which is India's central bank responsible for currency issuance?

A SBI
B RBI
C NABARD
D SEBI

NABARD primarily focuses on financing?

A Urban infrastructure
B Agriculture and rural development
C Defence production
D IT industry

NABARD was established in the year?

A 1975
B 1982
C 1990
D 1995

The Small Industries Development Bank of India (SIDBI) was established in?

A 1985
B 1990
C 1995
D 2000

India's currency, the rupee, is issued under the guarantee of?

A Ministry of Finance
B RBI
C SBI
D Government of India directly with no RBI role

Which denomination of Indian currency notes is signed by the Finance Secretary, not RBI Governor?

A ₹500
B ₹2000
C ₹1 note
D ₹100

Demonetization of ₹500 and ₹1000 notes in India took place in?

A 2014
B 2016
C 2018
D 2020

India's Wholesale Price Index (WPI) is released by which ministry?

A Ministry of Finance
B Ministry of Commerce and Industry
C Ministry of Statistics
D RBI

The Consumer Price Index (CPI) in India is used as the key measure for?

A Fiscal deficit
B Inflation targeting by RBI
C GDP calculation
D Trade balance

RBI's inflation target under the flexible inflation targeting framework is?

A 2% ± 2
B 4% ± 2
C 6% ± 2
D 8% ± 2

Base year for India's current GDP series (as per 2015 revision) is?

A 2004-05
B 2011-12
C 2015-16
D 2018-19

India's GDP calculation is now based on which concept as the headline measure (introduced in 2015)?

A GDP at factor cost
B GVA/GDP at market prices
C NNP
D Per capita income only

Gross Value Added (GV

A differs from GDP by excluding? A) Subsidies
B Net taxes on products (i.e., GVA = GDP - taxes + subsidies)
C Depreciation
D Exports

Which sector contributes the largest share to India's GDP currently?

A Agriculture
B Services
C Industry
D Mining

Which sector employs the largest share of India's workforce, despite lower GDP contribution?

A Services
B Agriculture
C Industry
D IT sector

India's Census is conducted every?

A 5 years
B 10 years
C 15 years
D 20 years

As per Census 2011, India's population was approximately?

A 1.0 billion
B 1.21 billion
C 1.35 billion
D 1.5 billion

The "demographic dividend" refers to?

A Excess of elderly population
B High proportion of working-age population boosting growth potential
C Gender imbalance
D Rural-urban migration

India's Foreign Direct Investment (FDI) policy allows 100% FDI through automatic route in most sectors, subject to exceptions like?

A IT services
B Defence and multi-brand retail (capped/conditional)
C Textile
D Agriculture exports

The "Make in India" initiative was launched in the year?

A 2012
B 2014
C 2016
D 2018

"Digital India" initiative was launched in the year?

A 2014
B 2015
C 2016
D 2017