UPSC Civil Services Economy Mock Test
12 free timed sets · 597 questions · 0 easy / 597 moderate / 0 hard · solutions for every question
All Economy sets
Sample Economy questions
1. All else equal when the United States exports more goods and services
- (A) the value of the dollar falls as the supply of dollars increases.
- (B) the value of the dollar rises as the supply of dollars increases.
- (C) the value of the dollar rises as demand for dollars increases.
- (D) the value of the dollar falls as demand for dollars decreases.
Show answer
(C) the value of the dollar rises as demand for dollars increases.. Correct answer: the value of the dollar rises as demand for dollars increases..
2. The potential amount of money created after the Fed increases bank reserves will be diminished if
- (A) depository institutions decide to hold more excess reserves.
- (B) the public prefers to hold less cash.
- (C) the marginal propensity to consume falls.
- (D) the velocity of money falls.
Show answer
(A) depository institutions decide to hold more excess reserves.. Correct answer: depository institutions decide to hold more excess reserves..
3. Expansionary fiscal policy would best be prescribed to
- (A) reduce the interest rate
- (B) eliminate an inflationary gap
- (C) reduce inflation
- (D) eliminate a recessionary gap
Show answer
(D) eliminate a recessionary gap. Correct answer: eliminate a recessionary gap.
UPSC Civil Services Economy — FAQs
Is the UPSC Civil Services Economy mock test free?
Yes. All 12 Economy sets are free, need no signup, and give instant scores with a solution for every question.
How many Economy questions are there for UPSC Civil Services?
597 questions across 12 sets: 0 easy, 597 moderate and 0 hard.
Will I get the same questions again?
No. Each attempt draws a fresh random subset, shuffles the order and options, and prefers questions you have not seen on this device. The Surprise Set draws from the whole subject pool.
Can I choose difficulty and timer?
Yes — pick Easy, Moderate, Hard or Mixed, and choose no timer, 10 or 20 minutes, or the real exam pace.