SSC CGL Economy – Economic Reforms since 1991 – Tier II Level · Marathon
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18 crore × ₹ 150 = ₹ 2,700 crore.
₹299 →
SSC CGL Economy – Economic Reforms since 1991 – Tier II Level · Marathon – 11 questions, subject: Indian Economy. Every question has the correct answer with a one-line explanation; tap "Show Answer". Free practice for TNPSC, UPSC, SSC, Bank and RRB exams – Shanmugam IAS Academy, Coimbatore.
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1.
The rupee goes from ₹ 72 to ₹ 90 per dollar. The rupee has depreciated by:
Correct Answer: D [20%]
Explanation:
Answer: 20%. 18/90 = 20%.
2.
A machine costs $ 2,000 abroad. At ₹ 75 per dollar, the duty is cut from 30% to 10%. The machine becomes cheaper by:
Correct Answer: A [₹ 30,000]
Explanation:
Answer: ₹ 30,000. 20% of ₹ 1,50,000 = ₹ 30,000.
3.
GDP rises from ₹ 225 lakh crore to ₹ 324 lakh crore in two years. The compound annual growth rate is:
Correct Answer: C [20%]
Explanation:
324/225 = 1.44 = 1.2² → 20% a year (22% is the simple average of 44%).
4.
At 5% growth, the Rule of 70 gives a doubling time of:
Correct Answer: B [14 years]
Explanation:
Answer: 14 years. 70/5 = 14 (exact ≈ 14.2).
5.
The government holds 80% of a company. What is the largest stake it can sell and still keep the firm a government company?
Correct Answer: B [29%]
Explanation:
Answer: 29%. 80 − 51 = 29%.
6.
An exporter sells goods for $ 10,000. The rupee moves from ₹ 80 to ₹ 85 per dollar. Rupee earnings rise by:
Correct Answer: D [₹ 50,000]
Explanation:
10,000 × 5 = ₹ 50,000 (6.25%).
7.
The dollar appreciates by 60% against the rupee. The rupee has depreciated by:
Correct Answer: A [37.5%]
Explanation:
1/1.6 = 0.625 → the rupee fell by 37.5%.
8.
Statement-basedWhich is/are correct?
I. The Department of Disinvestment became a Ministry in 2001.
II. It became a department under the Ministry of Finance in 2004.
I. The Department of Disinvestment became a Ministry in 2001.
II. It became a department under the Ministry of Finance in 2004.
Correct Answer: C [Both I and II]
Explanation:
DIPAM website: Ministry 6 Sep 2001; under MoF from 27 May 2004.
9.
Assertion–Reason
A: A devaluation may not improve the trade balance at once.
R: Import bills for essentials such as oil rise in rupee terms before quantities adjust.
A: A devaluation may not improve the trade balance at once.
R: Import bills for essentials such as oil rise in rupee terms before quantities adjust.
Correct Answer: C [Both A and R are true and R explains A]
Explanation:
Quantities respond with a lag.
10.
ChronologyArrange in chronological order:
1. IBC 2. FRBM Act 3. Competition Act 4. NITI Aayog
1. IBC 2. FRBM Act 3. Competition Act 4. NITI Aayog
Correct Answer: D [3, 2, 4, 1]
Explanation:
Answer: 3, 2, 4, 1. 2002 → 2003 → 2015 → 2016.
11.
A CPSE's 600 crore shares are valued at ₹ 150 each. Selling 3% brings in:
Correct Answer: B [₹ 2,700 crore]
Explanation:
18 crore × ₹ 150 = ₹ 2,700 crore.
➤ Full notes, shortcuts and every answer explained – SSC CGL 2026 Indian Economy book (₹149): www.shanmugamiasacademy.in/study-materials/ssc-cgl-indian-economy
📘 SSC CGL 2026 – Indian Economy (Tier I + Tier II)
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