1) What percentage of India’s GDP did the external debt constitute at the end of March 2025?

2) What was the year-on-year percentage increase in credit card spending in May 2025 according to RBI data?

3) Where is the Indian first Artificial Intelligence Special Economic Zone (AI SEZ) being established?

4) The concept of Planned Economy was first implemented by-

5) What is the rank of India in World Happiness Index 2025?

6) What is the Fair and Remunerative Price (FRP) for sugarcane for the 2025-26 season approved by the Union Cabinet?

7) By how much did the Reserve Bank of India reduce the repo rate in its recent monetary policy decision?

8) Income Tax in India was introduced by-

9) The overall notified wage for both men and women under MGNREGS for the year 2025 to 26?

10) Considering the following statement regarding the functions of RBI.
1. It is a note issuing authority and also determine Monetary Policy.
2. It controls the Credit operation of bank through quantitative and qualitative tools.
3. Hold the cash reserve of all the Scheduled banks.
4. Control the banking system through the system of Licensing.
5. Acts as the lender of the last resort.
Which of the following statements is/are incorrect:

11) During which five year plan was the annual growth rate registered at 2.5%?

12) Which of the following is not included while estimating national income through Income Method:

13) What percentage of Rs 2000 notes have been returned to the banking system after their withdrawal in May 2023?

14) By what percentage did India’s GST collections increase in May 2025 compared to May 2024?

15) What position did India secure as a tea exporter in the world in 2024?

16) When Depreciation is deducted from GNP, the net value is :

17) To which country did India send it’s first-ever sea shipment of pomegranates?

18) The Pradhan Mantri Shram Yogi Maandhan Yojana (Pm-SMY) is a pension scheme targeted at workers from which sector?

19) What type of rice has India introduced new HS codes for to facilitate exports?

20) Who among the following has written the book named ‘Indian Economy Gandhian Blue Print’?

21) In 1950 ‘Sarvodaya plan’ was given by which of the following:

22) Consider the following Functions of SEBI:

23) Seawater, Fresh air, etc are regarded in an economy as :

24) What is the difference between the Gross value added and Net value-added:

25) The Rolling Plan introduced by the Janata Party Government under the Prime Minister of Moraji Desai was during which Period?

26) Which fintech company has launched India’s first UPI-powered bank branch in Bengaluru along with a UPI credit card?

27) Which Five Year Plan in India focused on the eradication of Poverty as it’s primarily goal?

28) Which Economic Concept is defined as the percentage change in quantity demanded for a good in response to a percentage change in its Price?

29) Which bank is launching a dedicated unit to handle project financing for AI, Fintech and E-commerce?

30) Which institutions in India are set to adopt UPI enabled QR code payments nationwide by August 2025?

31) What is the new maximum limit for Mudra loans under the Pradhan Mantri Mudra Yojana(PMMY) as per the Union Budget 2024-25?

32) Grants from the Center to the states under the recommendation of Finance Commission are known as:

33) What is the new wallet limit for UPI lite as per the latest RBI proposal?

34) Which state in India signed an MoU with SBI General Insurance for Disaster Risk Management?

35) Which of these facilities is given by RBI to the banks for inter-bank transaction:

36) Which of the following organization calculates Gross Domestic Product (GDP) in India?

37) The Cabinet Committee on Economic Affairs (CCEA) increased the Minimum Support Prices (MSPs) of Cotton (Long staple) to Rs _____per quintal for marketing season 2024-25?

38) In the fiscal year 2024-25, Agricultural contributes about___ of Indian GDP and gives employment to ___of the population.

39) Which of the following is an example of a direct tax?

40) What is the current rate of Minimum Alternate (MAT) in India?

41) What is the duration for which a National Emergency can be in force without parliamentary approval?

42) Which institution provides Finance to meet short Balance Payment problem?

43) EXIM Bank was set up in:

44) India’s wage policy is based on:

45) Money in India consist of _____

46) How many members are there in the GST council?

47) Which Article in the constitution of India deals with the Annual Financial Statement?

48) What is the estimated economic growth rate for India in 2025-26, according to the Economic Survey?

49) Which of the following industries was placed under the exclusive monopoly of the Central Government in the 1948 policy?

50) Who presented the first Union Budget of Independent India and in which year?

51) PM Gati Shakti National Master Plan (PMGS-NMP) was launched on

52) What was India’s rank in global biofuel consumption in 2024?

53) What is RuPay Debit Card?

54) Atal Pension Yojana (APY)?

55) India is ranked ____in the Global Sustainable Development Report 2024.

56) What does Absolute Poverty means:

57) Match the following Indirect Tax issues:
List 1                                                         List 2
a) Excise Duty                                  1. Manufacturing of goods
b) Multiple excise structure          2. Regressive in nature
c) Cascading effect                          3. Different interpretation on tax payable
Choose the correct code:

58) CGST stands for:

59) Beyond a level, any increase in tax rates becomes counter productive as it lowers tax revenue rather than in increasing it. This effect is called-

60) Which government body in India deals with matters related to levying and collecting Direct Taxes?

61) As per the Interim Union Budget 2024 – 25, which one of the following is the largest source of revenue of the Government of India:

62) Which of the following is not an asset held by Commercial Banks?

63) Which ministry implements the “Seekho Aur Kamao” scheme:

64) A tax which is paid by the person on whom the tax is incident is called a:

65) Which of the following expenses do not require the sanction of parliament?
1. Salary and allowances of the President and CAG
2. Debt charges of the Government
3. Defence expenditure
4. Maintenance expenditure of embassies
Code:

66) Project Sankalp is associated with the elimination of :

67) Which of the following statements is true about the Indian Economy in 1950 – 1990 era?

68) GST was passed as____ Amendment Act 2016 and came into effect on __?

69) Which of the following agencies has the power to declare any industrial unit as a potentially sick unit?

70) In India, which bank has the highest share in the disbursement of credit to agricultural and allied activities?

71) Which of the following is/are Money market instruments?
1. Commercial Bills
2. Corporate Bonds
3. Treasury Bills
4. Inflation indexed bonds
Select the correct answer using the code given:

72) Match the following and choose the correct answer from the given code.
List 1                                                         List II
I. Garibo Hatao Plan                         1.Seventh Five year Plan
II. Gadgil Yojana                               2. Fifth Five Year Plan
III. Rao-Manmohan Plan                3.Third Five Year Plan
IV. Jawahar Rozgar Yojana             4. Eight Five Year Plan
V. Mahalanobis Plan 5. Second Five Year Plan
I    II    III    IV    V

73) What is the Motiff of Rs 200 bank note:

74) When was the Central Goods and Service Tax (Amendment) Bill, 2023 was introduced in Lok Sabha?

75) ISI mark is not given to which of the following products:

76) Insurance sector in India is regulated by:

77) Foreign Exchange Management Act (FEMA) came into force in the year

78) Which Public Sector issued world’s first Indian Green Masala Bond:

79) Indian Foreign Exchange system is:

80) Resurgent India Bonds were issued in US dollar, Pound Sterling and :

81) Poverty is less Developed countries is large because of

82) Who is responsible for establishing and maintaining astound and efficient accounting and financial report system in India?

83) If all the banks in an economy are nationalized and converted into a monopoly bank, the total deposits

84) On July 12, 1982 the ARDC was merged into_

85) The Chairman of 16th Finance Commission is:

86) In Coal Production, India ranks in the world:

87) India is regarded as a country with ‘Demographic Dividend’. This is due to :

88) Which Committee was constituted to investigate Black Money:

89) The ‘Slack Season’ in the Indian Economy is :

90) GVA:

91) Long term agricultural credit is provided by?

92) Economic growth is usually coupled with?

93) Once the demand for grants and expenditure of different departments are passed by the Parliament, a bill to draw money from Consolidated Fund India for these purposes is introduced. This bill is called:

94) ‘Balance Growth’ means

95) As per 2011 census, the child Sex Ratio of India:

96) Railway Budget in India was separated from general budget in :

97) What is PPP?

98) In which year was the Indian Stock Markets BSE Sensex first introduced?

99) If the Cash Reserve Ratio is lowered by the Central Bank, what will be its effect on credit creation?

100) As per the new tax regime of India, what is the exemption limit of income tax for financial year 2025-26?

100) As per the new tax regime of India, what is the exemption limit of income tax for financial year 2025-26?