Indian Economy — Paired Mock 01 (50 Qs)
Subject-focused 50-question mock on Indian Economy. Paired with Malayalam version. PSC-style negative marking.
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Indian Economy — Paired Mock 01 (50 Qs)
50 questions · 37 minutes
Q1.The first Five Year Plan in India was started on:
Q2.IGST:
Q3.GDP stands for:
Q4.Fiscal deficit =
Q5.GST has how many tax slabs in India?
Q6.Last Five Year Plan:
Q7.The RBI was established in:
Q8.The first Five Year Plan of India started in:
Q9.India's Budget 2024-25 FM:
Q10.GDP at market prices equals Gross Value Added (GVA) plus:
Q11.Ageostationary satellite orbits Earth once every:
Q12.GPS satellites orbit at:
Q13.India's 2025-26 GDP growth estimate (as per IMF/RBI) is approximately:
Q14.Repo rate (early 2026):
Q15.GST (Goods and Services Tax) was introduced in India on:
Q16.RBI established:
Q17.Mars Orbiter Mission-2:
Q18.Which of the following are instruments of monetary policy in India? (i) MSF Rate (ii) Deficit financing (iii) SLR (iv) Taxation
Q19.In Donne's 'A Valediction: Forbidding Mourning', the spiritual bond between lovers is compared to:
Q20.Standard deduction Budget 2024:
Q21.India's retail inflation (CPI) in March 2026 was:
Q22.Kerala Budget 2025-26 size (approx):
Q23.Repo Rate is set by:
Q24.RBI highest forex reserves:
Q25.GST (Goods and Services Tax) is a:
Q26.Inflation target band (RBI):
Q27.Inflation targeting in India is officially set at:
Q28.RBI was nationalised in:
Q29.GST was introduced in India on:
Q30.CPI (Consumer Price Index) for inflation measurement uses whose weights?
Q31.The Goods and Services Tax (GST) was introduced via which amendment?
Q32.GST Council article:
Q33.Reverse Repo rate is the rate at which:
Q34.The RBI Governor is appointed by:
Q35.Kerala Budget presented by:
Q36.GST introduced on:
Q37.GST was introduced on:
Q38.Budget line shows:
Q39.The GST Council is chaired by:
Q40.GST has how many tax slabs?
Q41.Quantum number defining orbital shape is:
Q42.GST Council chaired by:
Q43.GST is a:
Q44.GDP at factor cost equals:
Q45.GNP (Gross National Product) differs from GDP as:
Q46.The first Five Year Plan of India was based on the model of:
Q47.Which statement about 'demonetisation' is INCORRECT? (i) Process of invalidating an economic unit (ii) Raghuram Rajan was RBI Governor in 2016 demon (iii) ₹500/₹1000 notes ceased from Nov 9, 2016 (iv) Targeted black money & money laundering
Q48.The Hindu rate of growth (~3.5% GDP) term was coined by:
Q49.How does Gross National Product (GNP) differ from GDP?
Q50.Gross Domestic Product (GDP) is defined as:
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