Indian Economy MCQs for CET 12th Level

Practice 20 free indian economy multiple choice questions for CET 12th Level exam. Instant answers with explanations in Hindi and English.

Strengthen your Indian Economy knowledge for CET 12th Level with our free curated MCQ set. Every question follows real Rajasthan exam patterns. Switch between Hindi and English, and practice daily to build confidence before the exam.

CET 12th Level — Indian Economy

20 Questions • Instant results & explanations • Hindi & English

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Question 1 of 20

Given below are two statements, one labeled as Assertion (A) and the other as Reason (R): Assertion (A): Under the statutory rules of the State Commission for Protection of Child Rights, it is mandatory to include at least two women in the Commission's composition. Reason (R): The Commission operates strictly with 1 Chairperson and 4 members, allowing optimal gender balance. In the context of the above statements, which one of the following is correct?

Question 2 of 20

Consider the following statements regarding ERD: 1. It improves quality of fiscal analysis. 2. It treats some revenue expenditure as productive. 3. It eliminates fiscal deficit. Which are correct?

Question 3 of 20

Which city is associated with the launch of 'Urea Gold'?

Question 4 of 20

The 'USTTAD' scheme operates under which Union Ministry?

Question 5 of 20

What is the primary function of the 'Aadhaar' component in the JAM trinity?

Question 6 of 20

What does the term 'NDTL' stand for in the context of banking reserves?

Question 7 of 20

Which of the following is NOT a challenge associated with subsidies?

Question 8 of 20

Which of the following formulae correctly represents 'Food Subsidy' as per the Public Distribution System framework?

Question 9 of 20

In the context of the primary market, what is the process called where the price of shares (minimum and maximum) is determined through a survey or bidding mechanism?

Question 10 of 20

Which monetary policy tool is used by the RBI to absorb liquidity from banks on a long-term basis?

Question 11 of 20

Which of the following instruments helps the Central Government manage temporary cash flow mismatches of less than 91 days?

Question 12 of 20

Which of the following is NOT a 'Quantitative' credit control measure?

Question 13 of 20

Assertion (A): Finance market is also called the Security Market. Reason (R): Money transactions in this market occur through the buying and selling of securities issued by companies.

Question 14 of 20

The electronic National Agriculture Market (E-NAM) is best described as:

Question 15 of 20

According to the Tendulkar Committee (2011-12), the monthly per family poverty line for rural areas was set at:

Question 16 of 20

Which was the first Development Finance Institution (DFI) established in India?

Question 17 of 20

Under the PM Vishwakarma Yojana, what is the interest rate charged on the loan provided to beneficiaries?

Question 18 of 20

Which of the following is correct about the 'Sitapura SEZ' in Jaipur?

Question 19 of 20

Match the institution with its establishment year: List-I (Institution) A. Bank for International Settlements (BIS) B. Monetary Policy Committee (MPC) formation C. Urjit Patel Committee List-II (Year) 1. 2016 2. 2013 3. 1930

Question 20 of 20

What does the term 'Headline Inflation' refer to in the current Indian context?

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