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Indian Economy MCQ for Competitive Exams

MCQ on Economy questions and answers

The Indian Economy is one of the important topics for any competitive exam. Practicing MCQs (Multiple Choice Questions) along with answers and solutions is essential to succeed in these exams.   Therefore, this page on MCQ on Economics has been designed and provided for free on the Rankers Hub website so that the aspirants who are preparing for the competitive exams can get the free source of questions along with answers and explanations for preparing for exams like SSC (Staff Selection commission), Banking, CLAT (Common Law Admission Test), MAT(Management Aptitude Test), railways, RBI (Reserve Bank of India) Grade B, RBI Assistant, nursing, RRB (Railway Recruitment Board), RRB  NTPC, RRB Group D, Group 4, Defence exams, NDA, CDS (Combined Defence Services Examination), AFCAT (Air Force Common Admission Test, etc., if you are looking for best MCQs for online test preparation, then this page is the perfect answer for you.

Economy Topics

Exam for which MCQs on Economy are useful.

There is are a wide range of competitive exams for which the economy MCQs are useful, like SSC, UPSC, Banking, State PSU exams, etc, SSC Exams include exams like SSC CGL, SSC CHSL, SSC MTS, SSC Stenographer, SSC JE, SSC CPO, etc., whereas the Banking exams are SBI (State Bank of India), IBPS (Institute of Banking Personnel Selection), SBI PO, SBI Clerk, SBI SO, IBPS PO, IBPS Clerk, IBPS SO, IBPS RRB, RBI Assistant, and RBI Grade B. Whereas UPSC exams will include UPSC CSE, Defence exams like CDS, AFCAT, and CAPF. MCQ on the economy are also asked in Railways exams like RRB NTPC and RRB Group D. State government conducts exams like Group 1, group 2, group 3, group 4 and Police exams where economy MCQs are part of their exams, so mastering MCQ questions on economy plays a crucial role in these exams.

Economy questions with solutions for competitive exams

All the competitive exams have written tests with various topics like quantitative aptitude, reasoning, English, and General Awareness. The Economy falls under the category of General Awareness, apart from other important topics. Aspirants are expected to have good knowledge of the Indian economy to succeed in the competitive exams, there are about 5 to 10 questions on average from this area in any exam.  By this, we can know the importance of this topic, so the aspirants need to practice MCQ on economy and after practicing the questions there is a need to go through the solutions of the questions which are given in the Rankers Hub website and Rankers Hub App while practicing. These multiple choice questions on economics should not be neglected at any cost.

Economy questions for bank exams

There are many bank exams in India economy MCQ play a vital role like in SBI PO, SBI Clerk, SBI SO, IBPS PO, IBPS Clerk, IBPS SO, IBPS RRB, RBI Grade B and RBI Assistant. Economy is the common syllabus in the main exams for all banking exams. So, aspirants who are preparing for bank exams have to practice economy mcq for banking exams, candidates can utilize the resource from the Rankers Hub MCQ page, where we are providing numerous MCQs on Indian Economy for bank exams as per the latest pattern and syllabus. Try free economy MCQs for bank exams and become a Pro in this topic. This practice will be useful while writing bank exam mock tests like SBI PO Mock Test, SBI Clerk Mock Test series, IBPS PO Test series, IBPS Clerk Mock Test, and IBPS RRB Mock exams

SSC Economy questions with answers

Categories of SSC (Staff Selection Commission) exams where MCQ on Economy is useful are SSC CGL, SSC CHSL, SSC MTS, SSC Stenographer, SSC JE, SSC CPO, etc. As per the latest pattern of SSC exam, economy questions will be asked both in Tier 1 and Tier 2 exams. While preparing for these exams candidates have to practice economics questions as per the current year’s changes, and trends in the Indian economy. If aspirants are preparing for SSC exams, then economy MCQ for railway exams is also covered simultaneously, so the candidate is ready for both exams. We have specially prepared the MCQs to meet the requirements of these SSC competitive exams. Try Free Economics MCQ for SSC exams in the Rankers hub website or app to succeed in SSC Exams. If you are looking for the SSC mock test, Ranker’s hub has the best ssc test series for SSC exams like the SSC CGL, SSC CHSL, SSC GD, and SSC CPO where you can practice SSC Economy MCQ with timer as per real exam. 

UPSC Economic MCQs

This webpage is also useful for practicing economy MCQ for UPSC and other competitive exams like NDA, CDS, AFCAT, and CAPF AC where the economy topic plays an important role. General Awareness topics are very important for UPSC exams, so regular practice of MCQs is essential for aspirants after studying the theoretical part to check their knowledge. 

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