The Indian economy is an enormous and evolving ecosystem consisting of many spheres, reforms, and policies which impact the livelihoods of more than 1.4 billion people. The economy can be defined by the leading role of the services sector in GDP to the importance of agriculture in terms of employment; and can be further established through milestones such as the LPG reforms in 1991, GST in 2017, and today’s modern initiatives involving inclusive growth and financial inclusion towards all citizens.
This wealth of development consists of incremental developments in India’s economic evolution. These multiple-choice questions (MCQs) test and reinforce essential understanding of themes and concepts; and include terms such as fiscal deficit, foreign exchange reserves, disguised unemployment, FDI, PPP and many more in this MCQ preparation for UPSC, SSC, Banking, Railway, Defence and other competitive examinations. Read the explanations below carefully, as the goal is not to just know the right answer, but to learn the logic behind it in your preparation for your competitive exam.
Indian Economy Quiz
Test your knowledge of key concepts, reforms, and current trends in the Indian Economy. Answer the questions below to assess your understanding of this rapidly evolving sector.
The test was really very helpful in getting something insights about the preparation and depth of knowledge in the field of economic.
Thank you so much for providing this platform that helps a lot in boosting the confidence and give a reality check to the aspirant.