Economy Previous Year Questions 2026 | UPSSSC PET

Economy - MOST IMPORTANT UPSSSC PET Previous Year Questions

Practice real questions from previous year exams of UPSSSC PET.

📘 Money and Banking- Monetary Policy📚 Bank Rate
Q1

Bank rate means

🎯 UPSSSC PET 24.08.2021 : Shift-I
📘 Money and Banking- Monetary Policy📚 Cash Reserve Ratio (CRR)
Q2

If RBI reduces the cash reserve ratio, what will happen to the credit creation?

🎯 UPSSSC PET 24.08.2021 : Shift-I
📘 Economic Systems📚 Market Economy (Capitalist Economy)
Q3

In which of the following type of economies, resources are owned privately and the main objective behind economic activities is profit-making?

🎯 UPSSSC PET 24.08.2021 : Shift-I
📘 Money and Banking- Note Printing and Minting📚 Features of Old and New Currency Notes
Q4

The one Hundred rupees note bears the signature of :

🎯 UPSSSC PET 24.08.2021 : Shift-I
📘 External Sector in India📚 Foreign Exchange Management Act (FEMA)
Q5

What is the full form of FEMA?

🎯 UPSSSC PET 24.08.2021 : Shift-I
📘 Service Sector📚 Telecommunications
Q6

Which Indian telecom company is world's fifth strongest brands?

🎯 UPSSSC PET 24.08.2021 : Shift-I
📘 Major Schemes📚 Schemes of Educational Sector
Q7

Which Indian ministry recently launched UDISE+ for 2019-2020?

🎯 UPSSSC PET 24.08.2021 : Shift-I
📘 Fundamental Economic Concepts📚 Misc
Q8

Private investment will be most likely to be increased as a result of a rise in

🎯 UPSSSC PET 24.08.2021 : Shift-II
📘 National Income Concepts and Methods of Calculation📚 Misc
Q9

The agency estimating the National Income of India is

🎯 UPSSSC PET 24.08.2021 : Shift-II
📘 Fundamental Economic Concepts📚 Sectors of an Economy
Q10

What is another name for the Service Sector?

🎯 UPSSSC PET 24.08.2021 : Shift-II
📘 Agriculture Sector📚 Agricultural Revolutions and Missions
Q11

Who is known as father of White Revolution in India?

🎯 UPSSSC PET 24.08.2021 : Shift-II
📘 Planning📚 LPG Strategy
Q12

Who was the Prime Minister during economic reforms 1991 in India?

🎯 UPSSSC PET 24.08.2021 : Shift-II
📘 Major Schemes📚 Schemes of Health and Sanitation
Q13

Name the state of India which became the first state to provide health insurance for all its residents.

🎯 UPSSSC PET 24.08.2021 : Shift-II
📘 Money and Banking- Banking Structure📚 Misc
Q14

Which payment system has been barred by RBI from issuing new cards from 22 July, 2021?

🎯 UPSSSC PET 24.08.2021 : Shift-II
📘 Major Schemes📚 Schemes of Women and Child Development
Q15

What is the interest rate on Sukanya Samriddhi Accounts for second quarter (July-Sept) of 2021-22?

🎯 UPSSSC PET 24.08.2021 : Shift-II
📘 Important Indexes and Reports📚 Other Indexes and Reports
Q16

Which country’s passport has topped in the most powerful passport in the world for the year 2021?

🎯 UPSSSC PET 24.08.2021 : Shift-II
📘 Important Indexes and Reports📚 Other Indexes and Reports
Q17

Global Peace Index 2021 topped by which country?

🎯 UPSSSC PET 24.08.2021 : Shift-II
📘 Minorities Scheduled Castes and Scheduled Tribes Welfare Related Plans📚 SC Welfare Plans
Q18

Which state government implements Chief Minister Dalit Empowerment Programme ?

🎯 UPSSSC PET 24.08.2021 : Shift-II
📘 International Economic Organisations and India📚 UNO
Q19

When is the United Nations Day celebrated across the world ?

🎯 UPSSSC PET 24.08.2021 : Shift-II
📘 International Economic Organisations and India📚 UNO
Q20

The International Court of Justice is located at

🎯 UPSSSC PET 24.08.2021 : Shift-II