
The BPSC CCE Prelims 2025 Economy section usually tests the understanding of India’s economic principles, Bihar’s economy, and some related financial policies. BPSC CCE Prelims 2025 will be conducted on September 13, 2025. The approaching exam date makes it important for students to be on top of their preparations with a thorough understanding of BPSC CCE Prelims 2025 Economy Most Important Questions and Topics. A thorough understanding of topics like money supply, banking structure, and Bihar’s fiscal trends can give you an advantage.
Here you will find the most important economy topics and sample questions for BPSC CCE Prelims 2025 that are likely to appear in the exam, explained in a clear and conversational way to help you study confidently.
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BPSC CCE Prelims 2025 Economy Most Important Questions
Here are some of the most important economy questions for 71st Bihar Public Service Commission CCE Prelims Exam 2025:
Q1: The proportion of total deposits that a commercial bank must keep with the Reserve Bank of India is called?
A1: Cash Reserve Ratio
Q2: Who is the chairperson of the GST Council?
A2: Union Finance Minister
Q3: The best index of economic development is?
A3: Growth in per capita real income
Q4: The Foreign Direct Investment (FDI) limit in the insurance sector was increased to?
A4: 74%
Q5: Bank rate mean?
A5: The rate at which the central bank lends to commercial banks
Q6: Which sector in India attracts the highest FDI equity flow?
A6: Service Sector
Q7: The Government policy ‘Make in India’ aims at?
A7: Transforming India into a global manufacturing hub
Q8: During the Twelfth Five-Year Plan, the average annual growth rate target for agriculture was?
A8: 4%
Q9: Which of the following is a fiscal policy tool?
A9: Taxation
Q10: Cash Reserve Ratio (CRR) is?
A10: Percentage of a bank's total deposits required to be kept with RBI as cash
Q11: Which of the following is not a quantitative tool of monetary policy?
A11: Credit rationing
Q12: The RBI governor during demonetization was?
A12: Urjit Patel
Q13: What is the full form of GDP?
A13: Gross Domestic Product
Q14: Which of the following is included in indirect taxes?
A14: GST
Q15: The Union Budget is presented by?
A15: Finance Minister
Q16: What does the Fiscal deficit mean?
A16: The Government spends more than it collects in revenues
Q17: Open Market Operations (OMO) are conducted by?
A17: Reserve Bank of India
Q18: The primary function of the Finance Commission is to?
A18: Allocate taxes between the Centre and the States
Q19: Inflation targeting by RBI aims to keep inflation in the range of?
A19: 2-6%
Q20: Which Act regulates the issuance and circulation of currency notes in India?
A20: Reserve Bank of India Act, 1934
Q21: The 'Rolling Plan' in India refers to?
A21: Annual plans
Q22: Monetary policy is formulated by?
A22: Reserve Bank of India
Q23: What is the key objective of fiscal policy?
A23: Inflation control, Promoting employment, Budget balancing
Q24: Which of the following is NOT a function of the Reserve Bank of India?
A24: Regulating stock market
Q25: What is SLR?
A25: Statutory Liquidity Ratio
Q26: India’s current account deficit is defined as?
A26: Difference between export and import of goods and services
Q27: Which is NOT a direct tax?
A27: Excise Duty
Q28: NBFC stands for?
A28: Non-Banking Financial Company
Q29: Which indicator is used to measure inflation?
A29: Consumer Price Index
Q30: The RBI was nationalized in the year?
A30: 1949
Q31: Fiscal Policy is controlled by?
A31: Ministry of Finance
Q32: Which one of the following is a capital receipt?
A32: Loans raised by the government
Q33: What is meant by 'Monetary Policy'?
A33: Central bank's management of money supply and interest rates
Q34: The Reserve Bank of India was established in?
A34: 1935
Q35: The term 'Repo Rate' refers to?
A35: Rate at which RBI lends to banks
Q36: Which one of the following is NOT a function of Commercial Banks?
A36: Issue currency notes
Q37: Fiscal deficit is financed mainly through?
A37: Borrowings
Q38: Which of the following is part of India's current liabilities?
A38: External Debt
Q39: Agricultural credit in India is mainly provided by?
A39: Commercial banks, Co-operative banks, Regional Rural Banks
Q40: 'Make in India' initiative was launched in?
A40: 2014
Q41: The National Monetary Policy is announced by?
A41: RBI Governor
Q42: What is 'Disinvestment'?
A42: Selling government-owned enterprises to the private sector
Q43: Which of the following is a qualitative tool of monetary policy?
A43: Moral suasion
Q44: The headquarters of RBI is located at?
A44: Mumbai
Q45: What does CPI stand for?
A45: Consumer Price Index
Q46: The Finance Commission is constituted under which Article of the Constitution?
A46: Article 280
Q47: Which is India's largest tax revenue source?
A47: Income Tax
Q48: What does FII stand for?
A48: Foreign Institutional Investor
Q49: The term 'Open Market Operations' refers to?
A49: Buying and selling of government securities by RBI
Q50: The Central Statistical Organisation is responsible for?
A50: National Income Estimation
Q51: 'Crowding out effect' implies?
A51: Government borrowing reduces private investment
Q52: The Fiscal Responsibility and Budget Management Act (FRBM) was enacted in?
A52: 2005
Q53: What is the role of NABARD?
A53: Promote rural credit and development
Q54: The base year used in India’s GDP calculation is?
A54: 2010-11
Q55: The current Governor of RBI (2025) is?
A55: Shaktikanta Das
Q56: The Union Budget for India is presented on?
A56: Last day of February
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BPSC CCE Prelims 2025 Economy Most Important Topics
Given below are some of the most important topics for BPSC CCE Prelims 2025 Economy:
Topics | SubTopics |
---|---|
Basic Concepts of Economics |
|
Indian Economy Overview |
|
National Income Accounting |
|
Demand and Supply |
|
Inflation and Deflation |
|
Banking and Monetary Policy |
|
Fiscal Policy and Budget |
|
Planning in India |
|
Poverty, Unemployment and Related Issues |
|
Government Schemes related to the Economy |
|
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