A
1 only
B
2 only
C
Both 1 and 2
D
Neither 1 nor 2
Correct answer: (a) 1 only
Explanation
Statement 1 is correct as the survey is conducted bi-monthly by the RBI. Statement 2 is incorrect because the inputs are provided to the Monetary Policy Committee (MPC), not exclusively for the Ministry of Finance's budget.
Same topic · past papers
UPSC has asked this before
These previous-year questions sit on the same topic. Open one to practise the earlier ask.
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2017 · Q11 · General Studies · 2 marks
Which of the following statements is/are correct regarding the 'Monetary Policy Committee (MPC)'? 1. It decides the RBI's benchmark interest rates. 2. It is a 12-member body including the Governor of RBI and is reconstituted every year. 3. It functions under the chairmanship of the Union Finance Minister. Select the correct answer using the code given below: -
2026 · Q16 · General Studies · 2 marks
Which of the following factors contributed to the formation of the Forward Bloc by Subhas Chandra Bose in 1939? 1. Bose failed to win the confidence of Mahatma Gandhi. 2. The Congress Left was disunited and failed to support Bose. 3. The Communists did not support Bose in his endeavours. 4. The supporters of M.N. Roy and socialist leaders like Jayaprakash Narayan preferred Congress unity to supporting Bose. Select the answer using the code given below: -
2022 · Q15 · General Studies · 2 marks
Which of the following is/are the exclusive power(s) of Lok Sabha? 1. To ratify the declaration of Emergency 2. To pass a motion of no-confidence against the Council of Ministers 3. To impeach the President of India Select the correct answer using the code given below: -
2022 · Q10 · General Studies · 2 marks
With reference to the Indian economy, consider the following statements: 1. A share of the household financial savings goes towards government borrowings. 2. Dated securities issued at market-related rates in auctions form a large component of internal debt. Which of the above statements is/are correct? -
2018 · Q25 · General Studies · 2 marks
With reference to the provisions made under the National Food Security Act, 2013, consider the following statements: 1. The families coming under the category of 'below poverty line (BPL)' only are eligible to receive subsidized food grains. 2. The eldest woman in a household, of age 18 years or above, shall be the head of the household for the purpose of issuance of a ration card. 3. Pregnant women and lactating mothers are entitled to a 'take-home ration' of 1600 calories per day during pregnancy and for six months thereafter. Which of the statements given above is/are correct?