Indian Economy Quiz 3
Practice quiz on Indian Economy (Economy). 5 real exam questions.
About This Quiz
Indian Economy Quiz 3 — Questions with Solutions
All 5 questions from this quiz with the correct answer and explanation. Attempt them yourself first, then open each solution to check your reasoning.
Q1.Which bank is known as the 'Banker to the Government'?
- A.State Bank of India
- B.Reserve Bank of India
- C.Bank of Baroda
- D.Punjab National Bank
Show answer
Answer: B. Reserve Bank of India
The Reserve Bank of India manages government accounts and public debt.
Q2.Which organization regulates the money market in India?
- A.SEBI
- B.RBI
- C.IRDAI
- D.Ministry of Finance
Show answer
Answer: B. RBI
RBI regulates money market instruments such as Treasury Bills, Commercial Paper and Certificates of Deposit.
Q3.Which scheme supports pension for unorganized workers?
- A.PMJJBY
- B.PM-SYM
- C.PMSBY
- D.PMGKY
Show answer
Answer: B. PM-SYM
Pradhan Mantri Shram Yogi Maandhan (PM-SYM) provides pension to unorganised workers.
Q4.‘Call Money Market’ deals with funds borrowed for what period?
- A.1–14 days
- B.15–30 days
- C.Up to 1 year
- D.Intradaily only
Show answer
Answer: A. 1–14 days
Call money refers to overnight funds (up to 1 day) while notice money extends up to 14 days; together they cover 1–14 days.
Q5.Which institution publishes the 'World Economic Outlook'?
- A.World Bank
- B.UNDP
- C.IMF
- D.ADB
Show answer
Answer: C. IMF
The International Monetary Fund releases the World Economic Outlook report.
Frequently Asked Questions
Is Indian Economy Quiz 3 free to attempt on AajExam?
Yes. Indian Economy Quiz 3 is completely free. You only need a free AajExam account to track your score, view detailed solutions and unlock cross-attempt analytics.
How long does it take to complete Indian Economy Quiz 3?
Indian Economy Quiz 3 runs on a 1-minute timer in real exam-style conditions. The clock starts the moment you click Start, mirroring the time pressure of the actual exam.
Are detailed solutions provided?
Yes. Every question on Indian Economy Quiz 3 ships with a complete step-by-step solution, the underlying concept, and (where applicable) shortcut tricks. You can also discuss any question with the AajExam community.
Can I attempt Indian Economy Quiz 3 multiple times?
Yes. You can attempt this quiz as many times as you like. Each attempt is recorded separately so you can track improvement in score, accuracy and time-management.
Which government exams does this quiz prepare me for?
Indian Economy questions appear regularly in SSC CGL, CHSL, MTS, GD; IBPS PO, Clerk; SBI PO, Clerk; RRB NTPC, Group D; UPSC prelims and most State PSC exams. The specific weightage varies by exam — check the exam pattern on the corresponding AajExam exam page for details.