Q.192
In Union Budget 2023, a sub-scheme of which of the following Yojanas has been proposed with the investment of ₹6,000 crore to enable activities of fishermen, fish vendors and micro and small enterprises?
Q.194
According to National Multidimensional Poverty Index 2023 (A Progress Review), which state has the highest proportion of multidimensionally poor people (Headcount Ratio)?
Q.203
Which of the following initiatives of the Government of India promises 100 days of guaranteed wage employment to all the rural households who volunteer to do unskilled manual work?
AMahatma Gandhi National Rural Employment Guarantee Scheme
Q.205
The scheme, that covers artisans related to 18 fields, was included under the 'Payments Infrastructure Development Fund' ('PIDF') scheme by the Reserve Bank of India in October 2023.
Q.206
Which of the following statements is/are correct about the Union Government budget in India? a) It is an annual financial statement. b) It is presented by the Finance Minister. c) It outlines estimated receipts and expenditures.
Q.208
During which Five-Year Plan did the expansion of microfinance and Self-Help Group (SHG) bank linkages receive significant policy thrust for financial inclusion in India?
Master Economics set 1 for All Competitive Exams 2026
Practicing Economics set 1 MCQs is one of the most effective ways to prepare for competitive examinations in 2026. This topic-wise question bank contains carefully selected multiple-choice questions designed to strengthen conceptual understanding, improve accuracy, and enhance problem-solving speed.
Our collection includes beginner, intermediate, and advanced-level questions frequently asked in JKSSB, SSC, Banking, Railway, Police, Defence, State PSC, and various national-level examinations. Every question is structured to reflect real exam patterns and helps candidates become familiar with objective-type assessment formats.
Instant answer verification enables students to identify mistakes immediately and learn the correct approach without wasting valuable preparation time. Regular practice of topic-wise MCQs improves retention, reinforces key concepts, and develops confidence required to perform well under exam pressure.
Whether you are revising important concepts, preparing for an upcoming recruitment test, or strengthening weak areas, these practice questions provide a reliable platform for continuous improvement. Consistent participation in MCQ-based learning sessions can significantly increase your chances of achieving higher scores and better ranks in competitive examinations.
For additional MCQs, detailed question explanations, exam discussions, and doubt-solving support, candidates can also visit
Ask JK Exam Library
, the official Q&A and practice platform of JK Exam Library. The platform offers 50,000+ verified MCQs covering JKSSB, JKPSC, SSC, UPSC, Railway, Banking, Police, Defence, CUET, Teaching, and many other competitive examinations. Every question includes an instant answer with a detailed explanation, helping aspirants understand concepts quickly and improve accuracy. Students can also participate in Daily Quiz Challenges, ask doubts, discuss questions with fellow aspirants, and strengthen their exam preparation through one of the fastest-growing learning communities for competitive exams..
Frequently Asked Questions
Select individual options to trigger real-time validation matrix hooks. This evaluates your answers instantly and shows the correct methodology in the solution box.
Absolutely. Our content team regularly updates the question bank to reflect the latest JKSSB, SSC, Banking, Railways, Defence, and other competitive exam trends.
The number of questions varies by topic and is regularly expanded to provide comprehensive practice coverage for competitive examinations.
Yes, you can attempt the questions as many times as needed to improve accuracy, speed, and concept retention.
Yes, important questions are accompanied by explanations and solutions to help candidates understand the correct answers effectively.
Yes, this topic is frequently covered in various competitive examinations and forms an important part of exam preparation strategies.
Absolutely. The questions are suitable for both beginners and advanced learners preparing for competitive examinations.
Topic-wise practice helps identify weak areas, strengthen concepts, and build confidence before attempting full-length mock tests.
Yes, the question database is continuously updated with new MCQs to maintain relevance and align with changing exam patterns.
Regular practice with topic-wise MCQs helps candidates reduce mistakes, improve accuracy, and perform better in actual examinations.
Yes, topic-specific MCQs provide a quick and effective revision method for reinforcing important concepts before exams.
The question bank includes a mix of easy, moderate, and challenging questions designed to reflect real competitive exam standards.