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Economy MCQ — Practice Questions for RAS Exam

Economy is a crucial component of the RAS/RPSC exam syllabus. Practice 99 multiple-choice questions across 50 topics with detailed explanations to strengthen your preparation.

99

Total Questions

50

Topics Covered

3

Difficulty Levels

Topics in Economy

Infrastructure

12 questions

Taxation

5 questions

Cooperatives

4 questions

MSME

4 questions

Agriculture

4 questions

Agriculture Schemes

3 questions

International Trade

3 questions

Budget

3 questions

Government Schemes

2 questions

Urban Development

2 questions

Defence

2 questions

Trade & Exports

2 questions

Fertiliser Subsidy and Agriculture Policy

2 questions

Indian Economy

2 questions

Financial Sector

2 questions

Defence Budget

2 questions

Energy & Petroleum

2 questions

Technology

2 questions

Fiscal Policy

2 questions

Rural Development

2 questions

Banking and Insolvency

2 questions

Consumer Protection

2 questions

Labour Reform

2 questions

Agricultural Subsidies

2 questions

Official Statistics

2 questions

Health Economics

2 questions

Forex Reserves

2 questions

Agriculture and Input Subsidies

1 questions

External Sector and Foreign Exchange

1 questions

GDP Growth

1 questions

Banking and Financial System

1 questions

Digital Payments

1 questions

Energy Infrastructure

1 questions

Startup India and Innovation Ecosystem

1 questions

Trade and Industry

1 questions

Public Finance

1 questions

Trade

1 questions

Ease of Doing Business

1 questions

Aviation Safety

1 questions

Fiscal Federalism and State Finances

1 questions

Energy Policy and Nuclear Sector

1 questions

Aviation

1 questions

Banking Regulations

1 questions

Union Budget

1 questions

GDP and Growth

1 questions

Agriculture Marketing

1 questions

Energy

1 questions

Startup Policy

1 questions

Employment

1 questions

Energy Security

1 questions

Sample Questions

Try these Economy questions. Click "Show Answer" to reveal the explanation.

1

Under the Sabka Bima Sabki Raksha Act 2025, the Net Own Fund (NOF) requirement for foreign reinsurers entering India was reduced from Rs 5,000 crore to:

A Rs 500 crore
B Rs 1,000 crore
C Rs 2,500 crore
D Rs 3,000 crore
2

After adding 9 new commodities on October 8, 2025, what is the total number of tradable commodities on the e-NAM platform?

A 200
B 238
C 256
D 247
3

What is the total budget approved under Nutrient-Based Subsidy (NBS) for Rabi season 2025-26?

A Rs 25,000 crore
B Rs 37,952.29 crore
C Rs 50,000 crore
D Rs 15,500 crore
4

The India-US joint framework for trade negotiations aims to establish what type of agreement?

A Defence pact
B Bilateral trade agreement
C Currency swap
D Tax treaty
5

Under the Indian Railways passenger fare rationalisation effective 26 December 2025, which category of travel continues to be exempted from any fare increase?

A AC 2-Tier in Mail and Express trains
B First Class sleeper in Non-AC Ordinary trains
C AC Chair Car in Mail and Express services
D Suburban services and season tickets

Ready to Practice Economy?

Test your knowledge with 99 questions. Choose your difficulty, set the question count, and start practicing.

Frequently Asked Questions

How many Economy MCQ questions are available for RAS preparation?
Aspirant Academy offers 99 Economy multiple-choice questions across 50 topics, designed specifically for RAS/RPSC exam preparation.
What topics are covered under Economy?
The Economy section covers 50 topics including Infrastructure, Taxation, Cooperatives, MSME, Agriculture, Agriculture Schemes, International Trade, Budget and more. Each topic contains practice MCQs with detailed explanations.
Are the Economy MCQs aligned with the RAS/RPSC syllabus?
Yes, all Economy questions are curated to match the official RAS/RPSC exam syllabus and pattern. Questions cover the difficulty levels you can expect in the actual exam.
Are detailed explanations provided for Economy MCQs?
Yes, every question includes a detailed explanation of the correct answer, helping you understand the concept rather than just memorize answers.
Can I practice Economy MCQs in Hindi?
Yes, Aspirant Academy supports bilingual practice. You can switch between English and Hindi for Economy questions, options, and explanations.

Explore More Subjects

The RAS/RPSC exam covers a wide range of subjects. Strengthen your overall preparation by practicing across all areas.