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Macroeconomics Questions

Practice 42 Macroeconomics questions with detailed answers and explanations. Free MCQs, PYQs, and mock test questions for NEET, JEE, GATE, SSC and more.

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41
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About Macroeconomics — practice questions, PYQs & concepts

Macroeconomics is a frequently-tested topic on Economics, Indian Economy, Economy. ExamTest.live currently lists 42 Macroeconomics questions spanning previous-year papers from 2026 to 2026, each with worked solutions and a step-by-step explanation. Use the filters on this page to focus on a specific exam, difficulty level or year — every answer key is free, no sign-up required.

Macroeconomics weight in competitive exams

Across our Macroeconomics question bank, the largest sources are Economics (27), Indian Economy (5), Economy (2), Indian Polity & Economy (2) and General Awareness (2). Click any exam chip above to drill down to that exam-specific question set.

How to use this page

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All Macroeconomics Questions(142 of 42)

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Q1mediummcqEconomicsCompetitive Exam2026
25% accuracy
Which of the following is/are NOT true about revenue receipts?
I. They are receipts of the government which are non-redeemable.
II. They can be claimed from the government under special circumstances.
Q2mediummcqEconomicsSSC General Awareness2026
0% accuracy
Customs duty is an instrument of which of the following government policies?
Q3mediummcqEconomicsCompetitive Exam2026
0% accuracy
Monetary policy is controlled and regulated by which of the following entities?
Q4mediummcqEconomicsCompetitive Exam Mock2026
0% accuracy
Which currency is known as ‘vehicle currency’?
Q5mediummcqEconomicsGeneral Knowledge2026
0% accuracy
Which one of the following is not the anti-inflationary measure in India?
Q6mediummcqEconomicsCompetitive Examination2026
0% accuracy
A persistent fall in the general price level of goods and services is known as
Q7mediummcqEconomicsCompetitive Exam2026
0% accuracy
Which of the following groups suffers the most from inflation?
Q8mediummcqEconomicsCompetitive Exam2026
0% accuracy
National expenditure includes which of the following components?
Q9mediummcqEconomicsCompetitive Exams2026
0% accuracy
For international payments, the Indian currency is linked to which of the following?
Q10mediummcqEconomicsCompetitive Exams2026
0% accuracy
In what terms do Foreign Direct Investment (FDI) and Foreign Institutional Investment (FII) differ?
Q11mediummcqGeneral StudiesIndian Competitive Exams2026
0% accuracy
The exchange rate of one currency against another currency is known as what?
Q12mediummcqEconomicsSSC CGL2026
0% accuracy
An increase in the growth rate of the nominal money supply results in _________.
Q13mediummcqEconomicsWBCS Prelims2026
0% accuracy
The gross fiscal deficit in as per cent to G.D.P. of India?
Q14mediummcqGeneral AwarenessSSC Selection Post 2021 Question Paper (09-Feb-2022) (Shift-1)2026
0% accuracy
Suppose you earn ₹100 on the first day of every month and run down this balance evenly over the rest of the month, then your cash balances (in ₹) at the beginning and the end of the month are:
Q15mediummcqEconomicsExam Prep2026
The difference between GDP at market prices and GDP at factor cost is:
Q16mediummcqIndian Polity and EconomyCompetitive Exams2026
Inflation in India is
Q17mediummcqEconomicsWBCS Prelims2026
The difference between GDP at market prices and GDP at factor cost is
Q18mediummcqIndian Polity & EconomyIndian Competitive Exams2026
The devaluation of a domestic currency will be more beneficial to the balance of payments if the:
Q19mediummcqEconomicsIndian Competitive Exams2026
Exchange rates for one currency against another currency, is known as
Q20mediummcqIndian EconomyCompetitive Exam2026
In India, inflation measured by the
Q21mediummcqIndian EconomyCompetitive Exams2026
Which of the following explains the term 'economic development'?
Q22mediummcqIndian Polity & EconomyIndian Competitive Exams2026
The value of national income adjusted for inflation is called:
Q23mediummcqIndian EconomyCompetitive Exam2026
Monetary policy is regulated by
Q24mediummcqEconomyInternational Economics2026
Which of the following is a part of capital account?
Q25mediummcqEconomicsCompetitive Exam Practice Paper2026
Inflation is
Q26mediummcqEconomicsWBCS Prelims2026
When the Indian Rupee depreciates vis-à-vis the U.S. Dollar, it typically makes our:
Q27mediummcqEconomicsCompetitive Exam2026
In recent developmental decades, the headline inflation rate trend in India has characteristically remained within which threshold range?
Q28mediummcqEconomicsExam Prep2026
'Non-performing Assets' (NPA) of Indian Commercial Banks are:
Q29mediummcqIndian EconomyCompetitive Exams2026
What was the gross fiscal deficit in 2014-15 as a percentage of the G.D.P. of India?
Q30mediummcqIndian EconomyWBCS Prelims2026
The largest contributor to the gross domestic savings of India is:
Q31mediummcqEconomicsSSC CGL2026
An increase of 1% per annum in the rate of growth of the money supply will increase inflation in the long run by ________.
Q32mediummcqEconomicsSSC CGL2026
Stagflation is a period of ______.
Q33mediummcqEconomicsSSC CGL2026
In 2015, the real rate of interest in a country was 6% and the inflation rate then was 3%. So the nominal rate of interest in 2015 was ________.
Q34mediummcqEconomicsCompetitive Exam2026
If saving exceeds investment, the national income will ____________.
Q35mediummcqEconomics@NUM: 35SSC CGL2026
In a period when an economy is facing price rise, and along with that there is slowing down of economy activities, this is case of ________.
Q36mediummcqEconomicsStaff Selection Commission2026
In 2015, the nominal rate of interest in a country was 5.5% and the inflation rate then was 2.5%. So real rate of interest in 2015 was________.
Q37mediummcqEconomicsStaff Selection Commission2026
Inflation exists when there is:
Q38hardmcqEconomicsIndian Competitive Exams2026
What is the impact of proportional taxes?
Q39mediummcqEconomySSC CHSL Previous Year Paper2026
The value of all final goods and services produced within a country is called the:
Q40mediummcqGeneral KnowledgeCompetitive Exams2026
Neutral, expansionary, and contractionary strategies are related to which policy of the government?
Q41mediummcqGeneral AwarenessPractice Test2026
What is the term for the difference between a country's exports and imports?
Q42mediummcqEconomicsPrepp2026
Reserve ratio and money supply have ________ relationship.

Frequently Asked Questions

How many Macroeconomics questions are on ExamTest.live?
We have 42 Macroeconomics questions spread across 1 pages, covering easy, medium, and hard difficulty levels with detailed explanations.
Are Macroeconomics MCQs free?
Yes. All Macroeconomics questions, answers, and explanations on ExamTest.live are completely free. No account or subscription required.
Which exams include Macroeconomics questions?
Macroeconomics questions are commonly asked in Economics, Indian Economy, Economy, Indian Polity & Economy, General Awareness. You can filter by exam using the links above.
How do I practice Macroeconomics questions effectively?
Start with easy questions to build confidence, then tackle medium and hard ones. Use the filter buttons to sort by difficulty. Reveal the answer only after attempting each question, and read the explanation thoroughly.