List of top Economics Questions

Currency Depreciation leads to :

In India, Fiscal Responsibility and Budget Management Act, (FRBMA) was enacted in the year ______.

A student of economics has recorded following transactions under revenue receipts, Identify the incorrect item recorded by her, if any:

As per New Economic Policy, in Export Oriented Policy strategies in agriculture, there has been a shift of production from domestic market to export market which leads to :

The Book "All Enquiry into the nature and causes of the Wealth of Nations" written by :

Arrange in order of following events in China and Pakistan.
A) Economic reforms in Pakistan
B) Great leap forward in China
C) Nationalisation of capital goods industries in Pakistan
D) Policy orientation and denationalisation of industries in Pakistan
E) Economic reforms in China
Choose the correct answer from the options given below:

Which among the following is the closest example of a socialist society at present?

Arrange the following in sequence of their adoption/establishment.
(A) Establishment of General Agreement on Trade and Tariff (GATT)
(B) World Trade Organisation
(C) New Economic Policy
(D) Goods and Service Tax (GST)
Choose the correct answer from the options given below :

In the production of sugar, sugarcane is

The Government decreases the exchange rate in the fixed exchange rate system. What is the term used for that?

Nation is a lender to other countries means:

"Karve committee was set up for:

Identify the statement which is incorrect about GST?

Identify the objective by imposing heavy taxes on production units engaged in producing harmful product like liquor, cigrattes etc.

Development that meets the need of the present generation without compromising the ability of the future generation to meet their own needs was emphasized by

The difference between national income and domestic income is ___________.Choose the correct answer from the following.

Nation is a lender to other countries means:

There are two goods, Good X and Good Y. Suppose there is an increase in the price of Good X and decrease in the price of Good Y simultaneously. Choose the correct diagram that shows its effect.

Based on the following diagram answer the question:

Given initial investment is ₹ 200 crores and MPC=0.8. If autonomous investment increases by ₹ 50 crores, the income will increase by  ₹ ________ crores.

Due to increase in investment by 2000 crore. National Income increases by 8000 crores. Find the value of MPC.

Among the following expenditures one expenditure comes under capital expenditure, choose the correct option.

Match List I with List II

List I		List II
A.	Balance of Trade	I.	International transaction related to financial assets
B.	Balance of payment	II.	Export and import of services
C.	Net invisibles	III.	Goods, Service and Transaction in assests
D.	Balance on capital accounts	IV.	Export and import of goods

Choose the correct answer from the options given below :

Identify the factor which will not promote ‘Human Capital Formation’ :

“India should make a transition to the Knowledge Economy”.
The above statement implies that strength of India lies in :

Match List I with List II

List I		List II
A.	One child norm	I.	Pakistan
B.	Economic Reforms since 1988	II.	Liberal taxation policies
C.	Global Economic Group	III.	China
D.	Special Economic Zones	IV.	G-20

Choose the correct answer from the options given below :