Indian Economy Quiz 4
Practice quiz on Indian Economy (Economy). 5 real exam questions.
About This Quiz
Indian Economy Quiz 4 — 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.Who publishes the Index of Industrial Production (IIP)?
- A.RBI
- B.MOSPI
- C.SEBI
- D.NABARD
Show answer
Answer: B. MOSPI
The Ministry of Statistics and Programme Implementation (MOSPI) publishes the IIP.
Q2.Who regulates credit rating agencies in India?
- A.RBI
- B.SEBI
- C.IRDAI
- D.PFRDA
Show answer
Answer: B. SEBI
SEBI is the regulator for credit rating agencies.
Q3.Which committee recommended Panchayati Raj in India?
- A.Ashok Mehta Committee
- B.Gadgil Committee
- C.Balwant Rai Mehta Committee
- D.Kothari Committee
Show answer
Answer: C. Balwant Rai Mehta Committee
Balwant Rai Mehta Committee (1957).
Q4.Which payment system is used for large-value, real-time gross settlement?
- A.IMPS
- B.RTGS
- C.NEFT
- D.UPI
Show answer
Answer: B. RTGS
RTGS settles large-value transactions (₹2 lakh and above) in real time.
Q5.Which entity manages the Repo and Reverse Repo auctions?
- A.SEBI
- B.RBI
- C.NPCI
- D.DEA
Show answer
Answer: B. RBI
RBI conducts Liquidity Adjustment Facility auctions comprising repo and reverse repo.
Frequently Asked Questions
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How long does it take to complete Indian Economy Quiz 4?
Indian Economy Quiz 4 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 4 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 4 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.