✅ Master Indian Economy for UPSC, SSC, Bank & Government Exams
A strong foundation in Indian Economy is essential to excel in competitive exams like UPSC, SSC, Banking, Railway, and State PSCs. Presenting the Economy Mock Test Series, a high-quality quiz curated to strengthen your grasp of macroeconomic and microeconomic concepts, government schemes, fiscal policies, and more.
This quiz replicates real exam difficulty, provides detailed solutions, and boosts your concept clarity, accuracy, and time management.
📝 Quiz Format & Instructions
💡 Total Questions: 20
⏱️ Time Limit: 5 Minutes
📈 Scoring: +1 for correct | 0 for incorrect
📊 Difficulty Level: Moderate
🌐 Language: English Only
How to Attempt:
▶️ Click “START” to begin the quiz
🔄 Navigate through questions using “Next” & “Previous”
⏭️ Select an answer, then click “Next” to move ahead
🚩 Hit “Finish Quiz” to check your results
📱 Mobile-responsive design for smooth use
🧾 Solutions available after quiz completion
Economy Mock Test Quiz - 01
“Economy Mock Test Quiz” is a targeted multiple-choice quiz designed for aspirants of Indian competitive exams such as UPSC, SSC, Banking (IBPS, SBI), Railway, and State PSCs. This quiz covers essential topics in Indian Economy and general economics, including Economic Planning, Budget & Fiscal Policy, Banking System, Inflation, GDP, Government Schemes, and Current Economic Affairs. Practicing these MCQs will enhance your conceptual clarity and help you tackle the Economy section with confidence in any competitive exam.
🧠 Why Attempt the Economy Mock Test?
The Economy section is a scoring opportunity in both objective and descriptive exams. This quiz helps you:
✅ Understand core concepts of Indian and global economy
✅ Get exam-oriented questions on schemes, budgets, and policies
✅ Practice budget-related and current economy MCQs
✅ Strengthen conceptual clarity with solution explanations
✅ Improve recall and application skills under timed settings
📚 Topics Covered in This Quiz
This Indian Economy quiz includes critical topics and trends frequently seen in exams:
🔹 Basic Economic Terms (GDP, Inflation, Fiscal Deficit, etc.)
🔹 Budget & Economic Survey Highlights
🔹 Banking & Financial Institutions (RBI, NABARD, SEBI, etc.)
🔹 Monetary Policy & Fiscal Policy
🔹 Five-Year Plans & NITI Aayog
🔹 Indian Tax Structure (Direct & Indirect Taxes, GST)
🔹 Government Schemes & Welfare Programs
🔹 Unemployment & Poverty
🔹 Agriculture & Industry
🔹 Balance of Payments & Foreign Trade
🔹 Current Affairs Related to Economy
🔹 Sustainable Development & Economic Reforms
Relevant for UPSC (Prelims & CAPF), SSC CGL/CHSL, IBPS PO/Clerk, RBI, LIC, State PSCs, NDA/CDS, and other competitive exams.
👨💼 Best Suited For:
This Economy Quiz is recommended for:
🔹 UPSC Civil Services & CAPF
🔹 SSC Exams: CGL, CHSL, CPO
🔹 Bank Exams: IBPS, SBI, RBI, NABARD
🔹 State PSC Exams: BPSC, MPPSC, UPPSC, etc.
🔹 Insurance & Regulatory Exams: LIC, SEBI, IRDAI
🔹 Defence Exams: NDA, CDS, AFCAT
🔹 Teaching & UGC NET (Paper 1) Exams
📊 Post-Quiz Benefits
After completing the quiz, you will receive:
✅ Instant Score & Performance Analysis
✅ Question-wise Solutions for Concept Clarity
✅ Highlighted Weak Areas for Improvement
✅ Smart Revision of Key Economy Topics
✅ Tips to Improve Speed & Accuracy
💡 Expert Tips to Ace Economy & Finance Section
✔️ Read NCERTs & standard Economy books (Class 11–12, Ramesh Singh, Sanjeev Verma)
✔️ Stay updated with Budget, Economic Survey & PIB releases
✔️ Note important schemes, indices, and rankings
✔️ Solve daily MCQs & revise with mind maps
✔️ Focus on conceptual understanding instead of rote learning
🎯 Final Words: Learn. Revise. Succeed.
Economy is one of the most relevant and dynamic sections across exams. Consistent practice and updated knowledge can help you score big. Make this mock test part of your daily prep routine.
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🔔 Stay updated. Stay consistent. Stay selected!