📊 Basic Economics (1–30)

1. What is economics?
   👉 Study of production, distribution, consumption
2. What is demand?
   👉 Desire to buy
3. What is supply?
   👉 Quantity available
4. What is market?
   👉 Place of buying & selling
5. What is price?
   👉 Value of product
6. What is GDP?
   👉 Gross Domestic Product
7. What is GNP?
   👉 Gross National Product
8. What is NNP?
   👉 Net National Product
9. What is inflation?
   👉 Rise in prices
10. What is deflation?
    👉 Fall in prices
11. What is stagflation?
    👉 Inflation + unemployment
12. What is recession?
    👉 Economic slowdown
13. What is depression?
    👉 Severe recession
14. What is capital?
    👉 Wealth used for production
15. What is labor?
    👉 Human effort
16. What is land?
    👉 Natural resource
17. What is entrepreneur?
    👉 Business organizer
18. What is opportunity cost?
    👉 Next best alternative
19. What is marginal cost?
    👉 Extra cost
20. What is utility?
    👉 Satisfaction
21. What is monopoly?
    👉 Single seller
22. What is oligopoly?
    👉 Few sellers
23. What is perfect competition?
    👉 Many buyers/sellers
24. What is elasticity?
    👉 Change in demand
25. What is public good?
    👉 For all people
26. What is private good?
    👉 Individual use
27. What is subsidy?
    👉 Government support
28. What is tax?
    👉 Government revenue
29. What is budget?
    👉 Income & expenditure
30. What is fiscal deficit?
    👉 Excess expenditure

🏦 Banking & Finance (31–60)

31. What is bank?
    👉 Financial institution
32. What is central bank of India?
    👉 Reserve Bank of India
33. When was RBI established?
    👉 1935
34. Who is Governor of RBI?
    👉 (Changes periodically)
35. What is repo rate?
    👉 Lending rate
36. What is reverse repo rate?
    👉 Borrowing rate
37. What is CRR?
    👉 Cash Reserve Ratio
38. What is SLR?
    👉 Statutory Liquidity Ratio
39. What is money?
    👉 Medium of exchange
40. What is currency?
    👉 Legal money
41. What is credit?
    👉 Borrowing
42. What is debit card?
    👉 Direct payment
43. What is credit card?
    👉 Borrow now
44. What is ATM?
    👉 Cash machine
45. What is NEFT?
    👉 Fund transfer
46. What is RTGS?
    👉 Real-time transfer
47. What is IMPS?
    👉 Instant transfer
48. What is UPI?
    👉 Digital payment system
49. What is cheque?
    👉 Bank order
50. What is loan?
    👉 Borrowed money
51. What is interest?
    👉 Cost of borrowing
52. What is inflation targeting?
    👉 Control inflation
53. What is financial inclusion?
    👉 Banking access
54. What is NPA?
    👉 Non-performing asset
55. What is stock market?
    👉 Trading shares
56. What is share?
    👉 Ownership
57. What is dividend?
    👉 Profit share
58. What is mutual fund?
    👉 Investment pool
59. What is insurance?
    👉 Risk cover
60. What is premium?
    👉 Payment for insurance

🇮🇳 Indian Economy (61–100)

61. What is planning in India?
    👉 Economic planning
62. What was Planning Commission?
    👉 Policy body
63. What replaced Planning Commission?
    👉 NITI Aayog
64. What is Five Year Plan?
    👉 Development plan
65. First Five Year Plan year?
    👉 1951
66. What is liberalization?
    👉 Reducing controls
67. What is privatization?
    👉 Private ownership
68. What is globalization?
    👉 Global integration
69. What is LPG policy?
    👉 1991 reforms
70. Who introduced economic reforms?
    👉 P. V. Narasimha Rao
71. Who was Finance Minister in 1991 reforms?
    👉 Manmohan Singh
72. What is GST?
    👉 Goods & Services Tax
73. GST implemented in?
    👉 2017
74. What is direct tax?
    👉 Paid directly
75. What is indirect tax?
    👉 Paid indirectly
76. What is poverty?
    👉 Lack of income
77. What is unemployment?
    👉 No job
78. What is rural economy?
    👉 Village economy
79. What is agriculture?
    👉 Farming
80. What is Green Revolution?
    👉 Increase in production
81. What is White Revolution?
    👉 Milk production
82. What is Blue Revolution?
    👉 Fish production
83. What is Make in India?
    👉 Manufacturing initiative
84. What is Startup India?
    👉 Business promotion
85. What is Digital India?
    👉 Technology initiative
86. What is MSME?
    👉 Small industries
87. What is SEZ?
    👉 Special Economic Zone
88. What is FDI?
    👉 Foreign investment
89. What is GDP growth rate?
    👉 Economic growth
90. What is per capita income?
    👉 Income per person
91. What is human development index?
    👉 Development measure
92. What is public sector?
    👉 Government owned
93. What is private sector?
    👉 Private owned
94. What is mixed economy?
    👉 Both sectors
95. What is budget deficit?
    👉 Shortfall
96. What is black money?
    👉 Illegal income
97. What is disinvestment?
    👉 Selling shares
98. What is economic survey?
    👉 Annual report
99. What is Union Budget?
    👉 Government budget
100. What is Atmanirbhar Bharat?
     👉 Self-reliant India