Free MCQs with Answers | Military Brat Defence Academy

QID #24288 AIIMS UPPSC Health Education Officer (HEO) 2026 Mock Test Series Bilingual Indian Economy Easy

Which pair involving Reserve Bank of India is correctly matched?

Correct Answer: C. Reserve Bank of India — is India's central bank and monetary authority
Reserve Bank of India is India's central bank and monetary authority. The other choices describe different concepts.

Question: Which pair involving Reserve Bank of India is correctly matched?

A. Direct tax — is a destination-based indirect tax on supply

B. Goods and Services Tax — systematically records a country's transactions with the rest of the world

C. Reserve Bank of India — is India's central bank and monetary authority

D. Balance of payments — is imposed directly on income or wealth of the liable person

Correct Answer: C. Reserve Bank of India — is India's central bank and monetary authorityExplanation: Reserve Bank of India is India's central bank and monetary authority. The other choices describe different concepts.

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QID #24287 AIIMS UPPSC Health Education Officer (HEO) 2026 Mock Test Series Bilingual Indian Economy Easy

Which pair involving NITI Aayog is correctly matched?

Correct Answer: B. NITI Aayog — is the Union government's policy think tank
NITI Aayog is the Union government's policy think tank. The other choices describe different concepts.

Question: Which pair involving NITI Aayog is correctly matched?

A. Current account — is total government expenditure minus non-borrowed receipts

B. NITI Aayog — is the Union government's policy think tank

C. Fiscal deficit — is the excess of revenue expenditure over revenue receipts

D. Revenue deficit — records trade in goods, services, income and current transfers

Correct Answer: B. NITI Aayog — is the Union government's policy think tankExplanation: NITI Aayog is the Union government's policy think tank. The other choices describe different concepts.

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QID #24286 AIIMS UPPSC Health Education Officer (HEO) 2026 Mock Test Series Bilingual Indian Economy Easy

Which pair involving Green economy is correctly matched?

Correct Answer: A. Green economy — seeks growth with reduced environmental risks and ecological scarcity
Green economy seeks growth with reduced environmental risks and ecological scarcity. The other choices describe different concepts.

Question: Which pair involving Green economy is correctly matched?

A. Green economy — seeks growth with reduced environmental risks and ecological scarcity

B. Consumer Price Index — is the rate at which the RBI lends short-term funds against eligible securities

C. Repo rate — is used to absorb liquidity from banks under the traditional framework

D. Reverse repo — tracks retail price changes faced by consumers

Correct Answer: A. Green economy — seeks growth with reduced environmental risks and ecological scarcityExplanation: Green economy seeks growth with reduced environmental risks and ecological scarcity. The other choices describe different concepts.

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QID #24285 AIIMS UPPSC Health Education Officer (HEO) 2026 Mock Test Series Bilingual Indian Economy Easy

Which pair involving Poverty line is correctly matched?

Correct Answer: D. Poverty line — is a threshold used to identify minimum consumption or income needs
Poverty line is a threshold used to identify minimum consumption or income needs. The other choices describe different concepts.

Question: Which pair involving Poverty line is correctly matched?

A. Reserve Bank of India — measures final goods and services produced within a country

B. Gross Domestic Product — is a sustained rise in the general price level

C. Inflation — is India's central bank and monetary authority

D. Poverty line — is a threshold used to identify minimum consumption or income needs

Correct Answer: D. Poverty line — is a threshold used to identify minimum consumption or income needsExplanation: Poverty line is a threshold used to identify minimum consumption or income needs. The other choices describe different concepts.

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QID #24284 AIIMS UPPSC Health Education Officer (HEO) 2026 Mock Test Series Bilingual Indian Economy Easy

Which pair involving Unemployment rate is correctly matched?

Correct Answer: C. Unemployment rate — is unemployed persons as a proportion of the labour force
Unemployment rate is unemployed persons as a proportion of the labour force. The other choices describe different concepts.

Question: Which pair involving Unemployment rate is correctly matched?

A. Green economy — is the Union government's policy think tank

B. NITI Aayog — is a threshold used to identify minimum consumption or income needs

C. Unemployment rate — is unemployed persons as a proportion of the labour force

D. Poverty line — seeks growth with reduced environmental risks and ecological scarcity

Correct Answer: C. Unemployment rate — is unemployed persons as a proportion of the labour forceExplanation: Unemployment rate is unemployed persons as a proportion of the labour force. The other choices describe different concepts.

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QID #24283 AIIMS UPPSC Health Education Officer (HEO) 2026 Mock Test Series Bilingual Indian Economy Easy

Which pair involving Human capital is correctly matched?

Correct Answer: B. Human capital — refers to productive knowledge, skills and health embodied in people
Human capital refers to productive knowledge, skills and health embodied in people. The other choices describe different concepts.

Question: Which pair involving Human capital is correctly matched?

A. Unemployment rate — is an announced floor price for selected agricultural crops

B. Human capital — refers to productive knowledge, skills and health embodied in people

C. Minimum support price — seeks affordable access to useful formal financial services

D. Financial inclusion — is unemployed persons as a proportion of the labour force

Correct Answer: B. Human capital — refers to productive knowledge, skills and health embodied in peopleExplanation: Human capital refers to productive knowledge, skills and health embodied in people. The other choices describe different concepts.

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QID #24282 AIIMS UPPSC Health Education Officer (HEO) 2026 Mock Test Series Bilingual Indian Economy Easy

Which pair involving Financial inclusion is correctly matched?

Correct Answer: A. Financial inclusion — seeks affordable access to useful formal financial services
Financial inclusion seeks affordable access to useful formal financial services. The other choices describe different concepts.

Question: Which pair involving Financial inclusion is correctly matched?

A. Financial inclusion — seeks affordable access to useful formal financial services

B. Direct tax — is a destination-based indirect tax on supply

C. Goods and Services Tax — means sale of government ownership in a public enterprise

D. Disinvestment — is imposed directly on income or wealth of the liable person

Correct Answer: A. Financial inclusion — seeks affordable access to useful formal financial servicesExplanation: Financial inclusion seeks affordable access to useful formal financial services. The other choices describe different concepts.

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QID #24281 AIIMS UPPSC Health Education Officer (HEO) 2026 Mock Test Series Bilingual Indian Economy Easy

Which pair involving Minimum support price is correctly matched?

Correct Answer: D. Minimum support price — is an announced floor price for selected agricultural crops
Minimum support price is an announced floor price for selected agricultural crops. The other choices describe different concepts.

Question: Which pair involving Minimum support price is correctly matched?

A. Revenue deficit — records trade in goods, services, income and current transfers

B. Current account — systematically records a country's transactions with the rest of the world

C. Balance of payments — is the excess of revenue expenditure over revenue receipts

D. Minimum support price — is an announced floor price for selected agricultural crops

Correct Answer: D. Minimum support price — is an announced floor price for selected agricultural cropsExplanation: Minimum support price is an announced floor price for selected agricultural crops. The other choices describe different concepts.

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QID #24280 AIIMS UPPSC Health Education Officer (HEO) 2026 Mock Test Series Bilingual Indian Economy Easy

Which pair involving Disinvestment is correctly matched?

Correct Answer: C. Disinvestment — means sale of government ownership in a public enterprise
Disinvestment means sale of government ownership in a public enterprise. The other choices describe different concepts.

Question: Which pair involving Disinvestment is correctly matched?

A. Reverse repo — is total government expenditure minus non-borrowed receipts

B. Fiscal deficit — is the rate at which the RBI lends short-term funds against eligible securities

C. Disinvestment — means sale of government ownership in a public enterprise

D. Repo rate — is used to absorb liquidity from banks under the traditional framework

Correct Answer: C. Disinvestment — means sale of government ownership in a public enterpriseExplanation: Disinvestment means sale of government ownership in a public enterprise. The other choices describe different concepts.

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QID #24279 AIIMS UPPSC Health Education Officer (HEO) 2026 Mock Test Series Bilingual Indian Economy Easy

Which pair involving Goods and Services Tax is correctly matched?

Correct Answer: B. Goods and Services Tax — is a destination-based indirect tax on supply
Goods and Services Tax is a destination-based indirect tax on supply. The other choices describe different concepts.

Question: Which pair involving Goods and Services Tax is correctly matched?

A. Consumer Price Index — measures final goods and services produced within a country

B. Goods and Services Tax — is a destination-based indirect tax on supply

C. Gross Domestic Product — is a sustained rise in the general price level

D. Inflation — tracks retail price changes faced by consumers

Correct Answer: B. Goods and Services Tax — is a destination-based indirect tax on supplyExplanation: Goods and Services Tax is a destination-based indirect tax on supply. The other choices describe different concepts.

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QID #24278 AIIMS UPPSC Health Education Officer (HEO) 2026 Mock Test Series Bilingual Indian Economy Easy

Which pair involving Direct tax is correctly matched?

Correct Answer: A. Direct tax — is imposed directly on income or wealth of the liable person
Direct tax is imposed directly on income or wealth of the liable person. The other choices describe different concepts.

Question: Which pair involving Direct tax is correctly matched?

A. Direct tax — is imposed directly on income or wealth of the liable person

B. Green economy — is the Union government's policy think tank

C. NITI Aayog — is India's central bank and monetary authority

D. Reserve Bank of India — seeks growth with reduced environmental risks and ecological scarcity

Correct Answer: A. Direct tax — is imposed directly on income or wealth of the liable personExplanation: Direct tax is imposed directly on income or wealth of the liable person. The other choices describe different concepts.

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QID #24277 AIIMS UPPSC Health Education Officer (HEO) 2026 Mock Test Series Bilingual Indian Economy Easy

Which pair involving Balance of payments is correctly matched?

Correct Answer: D. Balance of payments — systematically records a country's transactions with the rest of the world
Balance of payments systematically records a country's transactions with the rest of the world. The other choices describe different concepts.

Question: Which pair involving Balance of payments is correctly matched?

A. Human capital — is unemployed persons as a proportion of the labour force

B. Unemployment rate — is a threshold used to identify minimum consumption or income needs

C. Poverty line — refers to productive knowledge, skills and health embodied in people

D. Balance of payments — systematically records a country's transactions with the rest of the world

Correct Answer: D. Balance of payments — systematically records a country's transactions with the rest of the worldExplanation: Balance of payments systematically records a country's transactions with the rest of the world. The other choices describe different concepts.

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QID #24276 AIIMS UPPSC Health Education Officer (HEO) 2026 Mock Test Series Bilingual Indian Economy Easy

Which pair involving Current account is correctly matched?

Correct Answer: C. Current account — records trade in goods, services, income and current transfers
Current account records trade in goods, services, income and current transfers. The other choices describe different concepts.

Question: Which pair involving Current account is correctly matched?

A. Minimum support price — seeks affordable access to useful formal financial services

B. Financial inclusion — means sale of government ownership in a public enterprise

C. Current account — records trade in goods, services, income and current transfers

D. Disinvestment — is an announced floor price for selected agricultural crops

Correct Answer: C. Current account — records trade in goods, services, income and current transfersExplanation: Current account records trade in goods, services, income and current transfers. The other choices describe different concepts.

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QID #24275 AIIMS UPPSC Health Education Officer (HEO) 2026 Mock Test Series Bilingual Indian Economy Easy

Which pair involving Revenue deficit is correctly matched?

Correct Answer: B. Revenue deficit — is the excess of revenue expenditure over revenue receipts
Revenue deficit is the excess of revenue expenditure over revenue receipts. The other choices describe different concepts.

Question: Which pair involving Revenue deficit is correctly matched?

A. Goods and Services Tax — systematically records a country's transactions with the rest of the world

B. Revenue deficit — is the excess of revenue expenditure over revenue receipts

C. Balance of payments — is imposed directly on income or wealth of the liable person

D. Direct tax — is a destination-based indirect tax on supply

Correct Answer: B. Revenue deficit — is the excess of revenue expenditure over revenue receiptsExplanation: Revenue deficit is the excess of revenue expenditure over revenue receipts. The other choices describe different concepts.

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QID #24274 AIIMS UPPSC Health Education Officer (HEO) 2026 Mock Test Series Bilingual Indian Economy Easy

Which pair involving Fiscal deficit is correctly matched?

Correct Answer: A. Fiscal deficit — is total government expenditure minus non-borrowed receipts
Fiscal deficit is total government expenditure minus non-borrowed receipts. The other choices describe different concepts.

Question: Which pair involving Fiscal deficit is correctly matched?

A. Fiscal deficit — is total government expenditure minus non-borrowed receipts

B. Reverse repo — is the excess of revenue expenditure over revenue receipts

C. Revenue deficit — records trade in goods, services, income and current transfers

D. Current account — is used to absorb liquidity from banks under the traditional framework

Correct Answer: A. Fiscal deficit — is total government expenditure minus non-borrowed receiptsExplanation: Fiscal deficit is total government expenditure minus non-borrowed receipts. The other choices describe different concepts.

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QID #24273 AIIMS UPPSC Health Education Officer (HEO) 2026 Mock Test Series Bilingual Indian Economy Easy

Which pair involving Reverse repo is correctly matched?

Correct Answer: D. Reverse repo — is used to absorb liquidity from banks under the traditional framework
Reverse repo is used to absorb liquidity from banks under the traditional framework. The other choices describe different concepts.

Question: Which pair involving Reverse repo is correctly matched?

A. Inflation — tracks retail price changes faced by consumers

B. Consumer Price Index — is the rate at which the RBI lends short-term funds against eligible securities

C. Repo rate — is a sustained rise in the general price level

D. Reverse repo — is used to absorb liquidity from banks under the traditional framework

Correct Answer: D. Reverse repo — is used to absorb liquidity from banks under the traditional frameworkExplanation: Reverse repo is used to absorb liquidity from banks under the traditional framework. The other choices describe different concepts.

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QID #24272 AIIMS UPPSC Health Education Officer (HEO) 2026 Mock Test Series Bilingual Indian Economy Easy

Which pair involving Repo rate is correctly matched?

Correct Answer: C. Repo rate — is the rate at which the RBI lends short-term funds against eligible securities
Repo rate is the rate at which the RBI lends short-term funds against eligible securities. The other choices describe different concepts.

Question: Which pair involving Repo rate is correctly matched?

A. Reserve Bank of India — measures final goods and services produced within a country

B. Gross Domestic Product — is the Union government's policy think tank

C. Repo rate — is the rate at which the RBI lends short-term funds against eligible securities

D. NITI Aayog — is India's central bank and monetary authority

Correct Answer: C. Repo rate — is the rate at which the RBI lends short-term funds against eligible securitiesExplanation: Repo rate is the rate at which the RBI lends short-term funds against eligible securities. The other choices describe different concepts.

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QID #24271 AIIMS UPPSC Health Education Officer (HEO) 2026 Mock Test Series Bilingual Indian Economy Easy

Which pair involving Consumer Price Index is correctly matched?

Correct Answer: B. Consumer Price Index — tracks retail price changes faced by consumers
Consumer Price Index tracks retail price changes faced by consumers. The other choices describe different concepts.

Question: Which pair involving Consumer Price Index is correctly matched?

A. Green economy — is unemployed persons as a proportion of the labour force

B. Consumer Price Index — tracks retail price changes faced by consumers

C. Unemployment rate — is a threshold used to identify minimum consumption or income needs

D. Poverty line — seeks growth with reduced environmental risks and ecological scarcity

Correct Answer: B. Consumer Price Index — tracks retail price changes faced by consumersExplanation: Consumer Price Index tracks retail price changes faced by consumers. The other choices describe different concepts.

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QID #24270 AIIMS UPPSC Health Education Officer (HEO) 2026 Mock Test Series Bilingual Indian Economy Easy

Which pair involving Inflation is correctly matched?

Correct Answer: A. Inflation — is a sustained rise in the general price level
Inflation is a sustained rise in the general price level. The other choices describe different concepts.

Question: Which pair involving Inflation is correctly matched?

A. Inflation — is a sustained rise in the general price level

B. Minimum support price — seeks affordable access to useful formal financial services

C. Financial inclusion — refers to productive knowledge, skills and health embodied in people

D. Human capital — is an announced floor price for selected agricultural crops

Correct Answer: A. Inflation — is a sustained rise in the general price levelExplanation: Inflation is a sustained rise in the general price level. The other choices describe different concepts.

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QID #24269 AIIMS UPPSC Health Education Officer (HEO) 2026 Mock Test Series Bilingual Indian Economy Easy

Which pair involving Gross Domestic Product is correctly matched?

Correct Answer: D. Gross Domestic Product — measures final goods and services produced within a country
Gross Domestic Product measures final goods and services produced within a country. The other choices describe different concepts.

Question: Which pair involving Gross Domestic Product is correctly matched?

A. Direct tax — is a destination-based indirect tax on supply

B. Goods and Services Tax — means sale of government ownership in a public enterprise

C. Disinvestment — is imposed directly on income or wealth of the liable person

D. Gross Domestic Product — measures final goods and services produced within a country

Correct Answer: D. Gross Domestic Product — measures final goods and services produced within a countryExplanation: Gross Domestic Product measures final goods and services produced within a country. The other choices describe different concepts.

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Free MCQs with Answers | Military Brat Defence Academy

Which pair involving Reserve Bank of India is correctly matched?

Which pair involving NITI Aayog is correctly matched?

Which pair involving Green economy is correctly matched?

Which pair involving Poverty line is correctly matched?

Which pair involving Unemployment rate is correctly matched?

Which pair involving Human capital is correctly matched?

Which pair involving Financial inclusion is correctly matched?

Which pair involving Minimum support price is correctly matched?

Which pair involving Disinvestment is correctly matched?

Which pair involving Goods and Services Tax is correctly matched?

Which pair involving Direct tax is correctly matched?

Which pair involving Balance of payments is correctly matched?

Which pair involving Current account is correctly matched?

Which pair involving Revenue deficit is correctly matched?

Which pair involving Fiscal deficit is correctly matched?

Which pair involving Reverse repo is correctly matched?

Which pair involving Repo rate is correctly matched?

Which pair involving Consumer Price Index is correctly matched?

Which pair involving Inflation is correctly matched?

Which pair involving Gross Domestic Product is correctly matched?

Free MCQs with Answers and Explanations