SSC GD Economics Questions: Chapter-Wise MCQs With Answers & PDF

SSC-GD-Economics-Questions

Overview: SSC GD Economics Questions

SSC GD Constable General Knowledge & Awareness section me SSC GD Economics Questions ka weightage lagbhag 2 se 4 questions ka hota hai. Economics ke questions mostly basic macroeconomic terms, National Income concepts (GDP, GNP, NNP), Five-Year Plans, Banking & RBI Monetary Policy, Indian Agriculture, aur Industrial Policies par aadharit hote hain.

Key Economics Chapters Covered in this 5-Module Set

  • Indian Economy Fundamentals: Primary, Secondary, Tertiary Sectors, GDP Calculation, Inflation types & CPI/WPI indices.
  • Planning & Economic Development: Planning Commission history, All 12 Five-Year Plans, NITI Aayog structure & functions.
  • Agriculture in Indian Economy: Green Revolution, Kharif & Rabi crops, MSP (Minimum Support Price), NABARD, Kisan Credit Card.
  • Industry & World Economy: Maharatna & Navratna PSUs, Industrial Policies, International organizations (World Bank, IMF, WTO).

Complete subject-wise previous year question papers ke liye hamare central SSC GD Previous Year Question Paper Hub ko zaroor visit karein.

High-Yield Five-Year Plans for SSC GD Exam

Five-Year PlanDuration / PeriodModel / Primary Focus
1st Five-Year Plan1951 – 1956Harrod-Domar Model (Heavy emphasis on Agriculture & Irrigation)
2nd Five-Year Plan1956 – 1961P.C. Mahalanobis Model (Rapid Industrialization & Heavy Industries)
3rd Five-Year Plan1961 – 1966Gadgil Yojana (Self-reliance, hindered by 1962 China & 1965 Pak wars)
Plan Holidays1966 – 1969Three Annual Plans (Green Revolution launched during this period)
5th Five-Year Plan1974 – 1978Garibi Hatao (Poverty Eradication) & Self-Reliance
12th Five-Year Plan2012 – 2017“Faster, Sustainable and More Inclusive Growth” (Last Plan)

Practice MCQs on Indian Economics for SSC GD

Apni preparation evaluate karne ke liye niche diye gaye 15 important questions solve karein:

Q1. When was NITI Aayog (National Institution for Transforming India) established to replace the Planning Commission?

Check Answer

Answer: 1 January 2015. The Prime Minister serves as its ex-officio Chairman.

Q2. Who was known as the father of the Green Revolution in India?

Check Answer

Answer: M.S. Swaminathan (Norman Borlaug was the father of the Green Revolution globally).

Q3. Which apex institution in India is responsible for regulating rural finance and agriculture credit?

Check Answer

Answer: NABARD (National Bank for Agriculture and Rural Development, established on 12 July 1982 on the recommendation of the B. Sivaraman Committee).

Q4. What is the total monetary value of all final goods and services produced within the domestic territory of a country in a given year called?

Check Answer

Answer: Gross Domestic Product (GDP).

Q5. The rate at which the Reserve Bank of India (RBI) lends money to commercial banks for short-term needs is known as:

Check Answer

Answer: Repo Rate (Repurchase Option Rate).

Q6. The 2nd Five-Year Plan in India was based on which economic model?

Check Answer

Answer: P.C. Mahalanobis Model (Focused on heavy industries and capital goods).

Q7. Which sector of the economy is also known as the Service Sector?

Check Answer

Answer: Tertiary Sector (includes Banking, Insurance, IT, Transportation, Tourism).

Q8. The type of unemployment typically seen in Indian agriculture where more people are engaged than actually required is called:

Check Answer

Answer: Disguised Unemployment (Marginal productivity of surplus workers is zero).

Q9. In which year was the New Economic Policy (LPG — Liberalisation, Privatisation, Globalisation) introduced in India?

Check Answer

Answer: 1991 (under Prime Minister P.V. Narasimha Rao and Finance Minister Dr. Manmohan Singh).

Q10. What is the headquarter location of the World Trade Organization (WTO)?

Check Answer

Answer: Geneva, Switzerland (Established on 1 January 1995, replacing GATT).

Q11. Minimum Support Price (MSP) in India is recommended by which body?

Check Answer

Answer: CACP (Commission for Agricultural Costs and Prices).

Q12. What was the slogan of the 5th Five-Year Plan (1974–1978)?

Check Answer

Answer: “Garibi Hatao” (Poverty Eradication).

Q13. When was the Reserve Bank of India (RBI) nationalised?

Check Answer

Answer: 1 January 1949 (Established on 1 April 1935 under the RBI Act, 1934).

Q14. The Lorenz Curve in economics is used to measure:

Check Answer

Answer: Income or Wealth Inequality (Gini Coefficient is derived from the Lorenz Curve).

Q15. Who was the first Chairman of the Planning Commission of India?

Check Answer

Answer: Jawaharlal Nehru (Established on 15 March 1950).

Download 5 Chapter-Wise Economics MCQs PDF

Niche diye gaye chapter buttons me se kisi par bhi click karein. 20-second timer ke baad direct Google Drive link generate ho jayega:

🇮🇳 Indian Economy Core MCQs

National income, inflation, money & banking questions with solutions.

📑 Planning & Economic Development

Five-Year Plans, NITI Aayog & poverty alleviation programs.

🌾 Agriculture in Indian Economy

Crop patterns, Green Revolution, MSP, NABARD & irrigation projects.

🏭 Industrial Sector & Policies

Maharatna/Navratna PSUs, MSME policies & manufacturing hubs.

🌍 World Economy & Global Bodies

IMF, World Bank, WTO, FDI policies & international trade basics.

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FAQs: SSC GD Economics Questions

Q1: How many Economics questions are asked in the SSC GD exam?

Ans: In the General Knowledge & General Awareness section (20 questions), approximately 2 to 4 questions are asked from Indian Economy, Planning, and Agriculture.

Q2: Which are the most important Economics topics for SSC GD Constable?

Ans: Five-Year Plans (1st, 2nd, 5th, 12th), NITI Aayog, Green Revolution, Banking & RBI repo rates, GDP/National Income, and Census data.

Q3: How do I download the Chapter-Wise Economics PDFs on SarkariExamPDF?

Ans: Click on any module button above (Indian Economy, Planning, Agriculture, Industry, or World Economy), wait 20 seconds for the countdown timer to finish, and click the unlocked download link to open the file via Google Drive.

Q4: Are these economics MCQs bilingual?

Ans: Yes, all 5 module PDFs contain questions and comprehensive explanations in both English and Hindi for aspirant ease.

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