Economy
2025
With reference to investments, consider the following:I.BondsII.Hedge FundsIII.StocksIV.Venture CapitalHow many of the above are treated as Alternative Investment Funds?
Which of the following are the sources of income for the Reserve Bank of India?I.Buying and selling Government bondsII.Buying and selling foreign currencyIII.Pension fund managementIV.Lending to private companiesV.Printing and distributing currency notesSelect the correct answer using the code given below:
Consider the following statements:I.The Reserve Bank of India mandates all the listed companies in India to submit a Business Responsibility and Sustainability Report (BRSR).II.In India, a company submitting a BRSR makes disclosures in the report that are largely non-financial in nature.Which of the statements given above is/are correct?
Consider the following statements:Statement I: In India, income from allied agricultural activities like poultry farming and wool rearing in rural areas is exempted from any tax.Statement II: In India, rural agricultural land is not considered a capital asset under the provisions of the Income-tax Act, 1961.Which one of the following is correct in respect of the above statements?
Consider the following statements:I.India has joined the Minerals Security Partnership as a member.II.India is a resource-rich country in all the 30 critical minerals that it has identified.III.The Parliament in 2023 has amended the Mines and Minerals (Development and Regulation) Act, 1957 empowering the Central Government to exclusively auction mining lease and composite license for certain critical minerals.Which of the statements given above are correct?
Consider the following statements:Statement I: As regards returns from an investment in a company, generally, bondholders are considered to be relatively at lower risk than stockholders.Statement II: Bondholders are lenders to a company whereas stockholders are its owners.Statement III: For repayment purpose, bondholders are prioritized over stockholders by a company.Which one of the following is correct in respect of the above statements?
Consider the following statements:I.India accounts for a very large portion of all equity option contracts traded globally thus exhibiting a great boom.II.India's stock market has grown rapidly in the recent past even overtaking Hong Kong's at some point of time.III.There is no regulatory body either to warn the small investors about the risks of options trading or to act on unregistered financial advisors in this regard.Which of the statements given above are correct?
Consider the following statements:Statement I: Circular economy reduces the emissions of greenhouse gases.Statement II: Circular economy reduces the use of raw materials as inputs.Statement III: Circular economy reduces wastage in the production process.Which one of the following is correct in respect of the above statements?
Consider the following statements:I.Capital receipts create a liability or cause a reduction in the assets of the Government.II.Borrowings and disinvestment are capital receipts.III.Interest received on loans creates a liability of the Government.Which of the statements given above are correct?
Consider the following activities :I.Production of crude oilII.Refining, storage and distribution of petroleumIII.Marketing and sale of petroleum productsIV.Productions of natural gasHow many of the above activities are regulated by the Petroleum and Natural Gas Regulatory Board in our country?
Suppose the revenue expenditure is Rs.80,000 crores and the revenue receipts of the Government are Rs.60,000 crores. The Government budget also shows borrowings of Rs.10,000 crores and interest payments of Rs.6,000 crores. Which of the following statements are correct?I.Revenue deficit is Rs.20,000 crores.II.Fiscal deficit is Rs.10,000 crores.III.Primary deficit is Rs.4,000 crores.Select the correct answer using the code given below
A country's fiscal deficit stands at Rs.50,000 crores. It is receiving Rs.10,000 crores through non-debt creating capital receipts. The country's interest liabilities are Rs.1,500 crores. What is the gross primary deficit?
Which of the following statements with regard to recommendations of the 15th Finance Commission of India are correct?I.It has recommended grants of ₹ 4,800 crores from the year 2022-23 to the year 2025-26 for incentivizing States to enhance educational outcomes.II.45% of the net proceeds of Union taxes are to be shared with States.III.₹ 45,000 crores are to be kept as performance- based incentive for all States for carrying out agricultural reforms.IV.It reintroduced tax effort criteria to reward fiscal performance.Select the correct answer using the code given below
Consider the following statements in respect of the International Bank for Reconstruction and Development (IBRD) :I.It provides loans and guarantees to middle income countries.II.It works single- handedly to help developing countries to reduce poverty.III.It was established to help Europe rebuild after the World WarII.Which of the statements given above are correct?
Consider the following statements in respect of RTGS and NEFT :I.In RTGS, the settlement time is instantaneous while in case of NEFT, is takes some time to settle payments.II.In RTGS, the customer is charged for inward transactions while that is not the case for NEFT.III.Operating hours for RTGS are restricted on certain days while this is not true for NEFT.Which of the statements given above is/are correct?
Consider the following countries :I.United Arab EmiratesIII.FranceIII.GermanyIV.SingaporeV.Bangladesh How many countries amongst the above are there other than India where international merchant payments are accepted under UPI?
2024
Consider the following airports:1.Donyi Polo Airport2.Kushinagar International Airport3.Vijayawada International Airport In the recent past,which of the above have been constructed as Greenfield projects ?
With reference to the Indian economy, "Collateral Borrowing and Lending Obligations are the instruments of:
The total fertility rate in a economy is defined as :
Consider the following statements:1.In India, Non- Banking Financial Companies can access the Liquidity Adjustment Facility window of the Reserve Bank of India.2.In India, Foreign Institutional Investors can hold the Government Securities (G-Secs).3.In India, Stock Exchanges can offer separate trading platforms for debts.Which of the statements given above is/are correct?
In India, which of the following can trade in Corporate Bonds and Government Securities?1.Insurance Companies2.Pension Funds3.Retail InvestorsSelect the correct answer using the code given below:
Consider the following:1.Exchange-Traded Funds (ETF)2.Motor vehicles3.Currency swapWhich of the above is/are considered financial instruments?
With reference to the sectors of the Indian economy, consider the following pairs:Economic activity Sector1.Storage of agricultural produce Secondary2.Dairy farm Primary3.Mineral exploration Tertiary4.Weaving cloth SecondaryHow many of the pairs given above are correctly matched?
With reference to physical capital in Indian economy, consider the following pairs:Items Category1.Farmer's plough Working capital2.Computer Fixed capital3.Yarn used by the weaver Fixed capital4.Petrol Working capitalHow many of the above pairs are correctly matched?
With reference to the rule/rules imposed by the Reserve Bank of India while treating foreign banks, consider the following statements:1.There is no minimum capital requirement for wholly owned banking subsidiaries in India.2.For wholly owned banking subsidiaries in India, at least 50% of the board members should be Indian nationals.Which of the statements given above is/are correct?
With reference to Corporate Social Responsibility (CSR) rules in India, consider the following statements:1.CSR rules specify that expenditures that benefit the company directly or its employees will not be considered as CSR activities.2.CSR rules do not specify minimum spending on CSR activities.Which of the statements given above is/are correct?
Consider the following statements :Statement-I :If the United States of America (USA) were to default on its debt, holders of US Treasury Bonds will not be able to exercise their claims to receive payment.Statement-II :The USA Government debt is not backed by any hard assets, but only by the faith of the Government.Which one of the following is correct in respect of the above statements ?
Consider the following statements :Statement-I :Syndicated lending spreads the risk of borrower default across multiple lenders.Statement-II :The syndicated loan can be a fixed amount/lump sum of funds, but cannot be a credit line.Which one of the following is correct in respect of the above statements ?
UPSC removed this question.
Consider the following statements in respect of the digital rupee:1.It is a sovereign currency issued by the Reserve Bank of India (RBI) in alignment with its monetary policy.2.It appears as a liability on the RBI's balance sheet.3.It is insured against inflation by its very design.4.It is freely convertible against commercial bank money and cash.Which of the statements given above are correct ?
Consider the following pairs:Country Reason for being in the news1.Argentina Worst economic crisis2.Sudan War between the country's regular and paramilitary forces3.Turkey Rescinded its membership of NATOHow many of the pairs given above are correctly matched?
Consider the following statements :Statement-I :India does not import apples from the United States of America.Statement-II :In India, the law prohibits the import of Genetically Modified food without the approval of the competent authority.Which one of the following is correct in respect of the above statements ?
Consider the following statements :Statement-I :Recently, Venezuela has achieved a rapid recovery from its economic crisis and succeeded in preventing its people from fleeing/emigrating to other countries.Statement-II :Venezuela has the world's largest oil reserves.Which one of the following is correct in respect of the above statements ?
2023
Consider the following pairs:Port Well known as1.Kamarajar Port : First major port in India registered as a company2.Mundra Port : Largest privately owned port in India3.Visakhapatnam : Largest container port in IndiaHow many of the above pairs are correctly matched?
With reference to India's projects on connectivity, consider the following statements:1.East-West Corridor under Golden Quadrilateral Project connects Dibrugarh and Surat.2.Trilateral Highway connects Moreh in Manipur and Chiang Mai in Thailand via Myanmar.3.Bangladesh-China- India-Myanmar Economic Corridor connects Varanasi in Uttar Pradesh with Kunming in China.How many of the above statements are correct?
Consider the following statements:Statement-I: India, despite having uranium deposits, depends on coal for most of its electricity production.Statement-II: Uranium, enriched to the extent of at least 60%, is required for the production of electricity.Which one of the following is correct in respect of the above statements?
Which one of the following activities of the Reserve Bank of India is considered to be part of 'sterilization'?
Consider the following markets:1.Government Bond Market2.Call Money Market3.Treasury Bill Market4.Stock MarketHow many of the above are included in capital markets?
Which one of the following best describes the concept of 'Small Farmer Large Field'?
Consider the following statements:1.The Government of India provides Minimum Support Price for niger (Guizotia abyssinicia) seeds.2.Niger is cultivated as a Kharif crop.3.Some tribal people in India use niger seed oil for cooking.How many of the above statements are correct?
Consider the investments in the following assets:1.Brand recognition2.Inventory3.Intellectual property4.Mailing list of clientsHow many of the above are considered intangible investments?
Consider the following infrastructure sectors:1.Affordable housing2.Mass rapid transport3.Health care4.Renewable energy Onhow many of the above does UNOPS Sustainable Investments in Infrastructure and Innovation (S3i) initiative focus for its investments?
Consider the following statements with reference to India:1.According to the 'Micro Small and Medium enterprises Development (MSMED) Act, 2006, the 'medium enterprises' are those with investments in plant and machinery between Rs. 15 crore and Rs. 25 crore.2.All bank loans to the Micro, Small and Medium Enterprises qualify under the Priority sector.Which of the statements given above is/are correct?
In the context of finance, the term 'beta' refers to
Consider the following statements :1.The Self-Help Group (SHG) programme was originally initiated by the State Bank of India by providing microcredit to the financially deprived.2.In an SHG, all members of a group take responsibility for a loan that an individual member takes.3.The Regional Rural Banks and Scheduled Commercial banks support SHGs.How many of the above statements are correct?
Consider the following Statements :Statement-I :Switzerland is one of the leading exporters of gold in terms of value.Statement-II :Switzerland has the second largest gold reserves in the world.Which one of the following is correct in respect of the above statements?
Consider the following statements :Statement-I :India accounts for 3.2% of global export of goods.Statement-II :Many local companies and some foreign companies operating in India have taken advantage of India's 'Production-linked Incentive' scheme.Which one of the following is correct in respect of the above statements?
Consider the following statements:The 'Stability and Growth Pact' of the European Union is a treaty that1.limits the levels of the budgetary deficit of the countries of the European Union2.makes the countries of the European Union to share their infrastructure facilities3.enables the countries of the European Union to share their technologiesHow many of the above statements are correct?
Consider the following statements about G- 20:1.The G-20 group was originally established as a platform for the Finance Ministers and Central Bank Governors to discuss the international economic and financial issues.2.Digital public infrastructure is one of India's G-20 priorities.Which of the statements given above is/are correct?
2022
With reference to the Indian economy, consider the following statements:1.An increase in Nominal Effective Exchange Rate (NEER) indicates the appreciation of rupee.2.An increase in the Real Effective Exchange Rate (REER) indicates an improvement in trade competitiveness.3.An increasing trend in domestic inflation relative to inflation in other countries is likely to cause an increasing divergence between NEER and REER.Which of the above statements are correct?
With reference to the Indian economy, consider the following statements:1.If the inflation is too high, Reserve Bank of India (RBI) is likely to buy government securities.2.If the rupee is rapidly depreciating, RBI is likely to sell dollars in the market.3.If interest rates in the USA or European Union were to fall, that is likely to induce RBI to buy dollars.Which of the statements given above are correct?
With reference to the Indian economy, what are the advantages of "Inflation-Indexed Bonds (IIBs)"?1.Government can reduce the coupon rates on its borrowing by way of IIBs.2.IIBs provide protection to the investors from uncertainty regarding inflation.3.The interest received as well as capital gains on IIBs are not taxable.Which of the statements given above are correct?
With reference to foreign-owned e-commerce firms, operating in India, which of the following statements is/are correct?1.They can sell their own goods in addition to offering their platforms as marketplaces.2.The degree to which they can own big sellers on their platforms is limited.Select the correct answer using the code given below:
Which of the following activities constitute real sector in the economy?1.Farmers harvesting their crops2.Textile mills converting raw cotton into fabrics3.A commercial bank lending money to a trading company4.A corporate body issuing Rupee Denominated Bonds overseasSelect the correct answer using the code given below:
Which one of the following situations best reflects "Indirect Transfers" often talked about in media recently with reference to India?
With reference to the expenditure made by an organisation or a company, which of the following statements is/are correct?1.Acquiring new technology is capital expenditure.2.Debt financing is considered capital expenditure, while equity financing is considered revenue expenditure.Select the correct answer using the code given below:
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?
Consider the following statements:1.Tight monetary policy of US Federal Reserve could lead to capital flight.2.Capital flight may increase the interest cost of firms with existing External Commercial Borrowings (ECBs).3.Devaluation of domestic currency decreases the currency risk associated with ECBs.Which of the statements given above are correct?
UPSC removed this question.
Consider the following statements:1.In India, credit rating agencies are regulated by Reserve Bank of India.2.The rating agency popularly known as ICRA is a public limited company.3.Brickwork Ratings is an Indian credit rating agency.Which of the statements given above are correct
With reference to the 'Banks Board Bureau (BBB)', which of the following statements are correct?1.The Governor of RBI is the Chairman of BBB.2.BBB recommends for the selection of heads of Public Sector Banks.3.BBB helps the Public Sector Banks in developing strategies and capital raising plans.Select the correct answer using the code given below:
With reference to Convertible Bonds, consider the following statements:1.As there is an option to exchange the bond for equity, Convertible Bonds pay a lower rate of interest.2.The option to convert to equity affords the bondholder a degree of indexation to rising consumer prices.Which of the statements given above is/are correct?
Consider the following statements:1.Vietnam has been one of the fastest growing economies in the world in the recent years.2.Vietnam is led by a multi-party political system.3.Vietnam's economic growth is linked to its integration with global supply chains and focus on exports.4.For a long time Vietnam's low labour costs and stable exchange rates have attracted global manufacturers.5.Vietnam has the most productive e-service sector in the Indo-Pacific region.Which of the statements given above are correct?
In India,which one of the following is responsible for maintaining price stability by controlling inflation?
In India,which one of the following compiles information on industrial disputes, closures, retrenchments and lay-offs in factories employing workers?
With reference to the United Nations Convention on the Law of Sea, consider the following statements:1.A coastal state has the right to establish the breadth of its territorial sea up to a limit not exceeding 12 nautical miles, measured from baseline determined in accordance with the convention.2.Ships of all states, whether coastal or land-locked, enjoy the right of innocent passage through the territorial sea.3.The Exclusive Economic Zone shall not extend beyond 200 nautical miles from the baseline from which the breadth of the territorial sea is measured.Which of the statements given above are correct?
2021
Which among the following steps is most likely to be taken at the time of an economic recession?
Consider the following statements:Other things remaining unchanged, market demand for a good might increase if1.price of its substitute increases2.price of its complement increases3.the good is an inferior good and income of the consumers increases4.its price fallsWhich of the above statements are correct?
With reference to 'Urban Cooperative banks' in India consider the following statements:1.They are supervised and regulated by local boards set up by the State Governments.2.They can issue equity shares and preference shares.3.They were brought under the purview of the Banking Regulation Act, 1949 through an Amendment in 1966.Which of the statements given above is/are correct?
Indian Government Bond Yields are influenced by which of the following?1.Actions of the United States Federal Reserve2.Actions of the Reserve bank of India3.Inflation and short-term interest ratesSelect the correct answer using the code given below
Consider the following:1.Foreign currency convertible bonds2.Foreign institutional investment with certain conditions3.Global depository receipts4.Non-resident external depositsWhich of the above can be included in Foreign Direct Investments?
Consider the following statements:The effect of devaluation of a currency is that it necessarily1.improves the competitiveness of the domestic exports in the foreign markets.2.increases the foreign value of domestic currency3.improves the trade balanceWhich of the above statements is/are correct?
Which one of the following effects of creation of black money in India has been the main cause of worry to the Government of India?
Which one of the following is likely to be the most inflationary in its effects?
The money multiplier in an economy increases with which one of the following?
With reference to Indian economy, demand-pull inflation can be caused/increased by which of the following?1.Expansionary policies2.Fiscal stimulus3.Inflation-indexing wages4.Higher purchasing power5.Rising interest ratesSelect the correct answer using the code given below
With reference to India, consider the following statements:1.Retail investors through demat account can invest in 'Treasury Bills' and 'Government of India Debt Bonds' in primary market.2.The 'Negotiated Dealing System-Order Matching' is a government securities trading platform of the Reserve Bank of India.3.The 'Central Depository Services Ltd' is jointly promoted by the Reserve Bank of India and the Bombay Stock Exchange.Which of the statements given above is/are correct?
With reference to 'Water Credit', consider the following statements:1.It puts microfinance tools to work in the water and sanitation sector.2.It is a global initiative launched under the aegis of the World Health Organization and the World Bank.3.It aims to enable the poor
In India, the central bank's function as the 'lender of last resort' usually refers to which of the following?1.Lending to trade and industry bodies when they fail to borrow from other sources2.Providing liquidity to the banks having a temporary crisis3.Lending to governments to finance budgetary deficitsSelect the correct answer using the code given below
2020
"Gold Tranche" (Reserve Tranche) refers to
If another global financial crisis happens in the near future, which of the following action/policies are most likely to give some immunity to India?1.Not depending on short- term foreign borrowings2.Opening up to more foreign banks3.Maintaining full capital account convertibilitySelect the correct answer using the code given below:
If you withdraw Rs. 1,00,000 in cash from your Demand Deposit Account at your bank, the immediate effect on aggregate money supply in the economy will be
With reference to Foreign Direct Investment in India,which one of the following is considered its major characteristic?
With reference to the international trade of India at present, which of the following statements is/are correct?1.India's merchandise exports are less than its merchandise imports.2.India's imports of iron and steel, chemicals, fertilisers and machinery have decreased in recent years.3.India's exports of services are more than its imports of services.4.India suffers from an overall trade/current account deficit.Select the correct answer using the code given below:
UPSC removed this question.
In the context of the Indian economy, non-financial debt includes which of the following?1.Housing loans owed by households2.Amounts outstanding on credit cards3.Treasury billsSelect the correct answer using the code given below:
With reference to Trade- Related Investment Measures (TRIMS), which of the following statements is/are correct?1.Quantitative restrictions on imports by foreign investors are prohibited.2.They apply to investment measures related to trade in both goods and services.3.They are not concerned with the regulation of foreign investment.Select the correct answer using the code given below:
If the RBI decides to adopt an expansionist monetary policy, which of the following would it not do?1.Cut and optimise the Statutory Liquidity Ratio2.Increase the Marginal Standing Facility Rate3.Cut the Bank Rate and Repo RateSelect the correct answer using the code given below:
With reference to the Indian economy after the 1991 economic liberalization, consider the following statements:1.Worker productivity (rs. per worker at 2004-05 prices) increased in urban areas while it decreased in rural areas.2.The percentage share of rural areas in the workforce steadily increased.3.In rural areas, the growth in non-farm economy increased.4.The growth rate in rural employment decreasedWhich of the statements given above is/are correct?
Consider the following statements:1.In terms of short-term credit delivery to the agriculture sector, District Central Cooperative Banks (DCCBs) deliver more credit in comparison to Scheduled Commercial Banks and Regional Rural Banks.2.One of the most important functions of DCCBs is to provide funds to the Primary Agriculture Credit Societies.Which of the statements given above is/are correct?
In India, which of the following can be considered as public investment in agriculture?1.Fixing Minimum Support Price for agricultural produce of all crops2.Computerization of Primary Agricultural Credit Societies3.Social Capital development4.Free electricity supply to farmers5.Waiver of agricultural loans by the banking system6.Setting up of cold storage facilities by the governmentsSelect the correct answer using the code given below:
What is the importance of the term "Interest Coverage Ratio" of a firm in India?1.It helps in understanding the present risk of a firm that a bank is going to given loan to.2.It helps in evaluating the emerging risk of a firm that a bank is going to give loan to.3.The higher a borrowing firm's level of Interest Coverage Ratio, the worse is its ability to service its debt.Select the correct answer using the code given below
Which of the following factors/policies were affecting the price of rice in India in the recent past?1.Minimum Support Price2.Government's trading3.Government's stockpiling4.Consumer subsidiesSelect the correct answer using the code given below
Under the Kisan Credit Card scheme, short-term credit support is given to farmers for which of the following purposes?1.Working capital for maintenance of farm assets2.Purchase of combine harvesters, tractors and mini trucks.3.Consumption requirements of farm households4.Post-harvest expense5.Construction of family house and setting up of village cold storage facility.Select the correct answer using the code given below:
Consider the following statements:1.The weightage of food in Consumer Price Index (CPI) is higher than that in Wholesale Price Index (WPI).2.The WPI does not capture changes in the prices of services, which CPI does.3.Reserve Bank of India has now adopted WPI as its key measure of inflation and to decide on changing the key policy rates.Which of the statements given above is/are correct?
Consider the following statements:1.In the case of all cereals, pulses and oil-seeds, the procurement at Minimum Support Price (MSP) is unlimited in any State/UT of India.2.In the case of cereals and pulses, the MSP is fixed in any State/UT at a level to which the market price will never rise.Which of the statements given above is/are correct?
With reference to the Indian economy, consider the following statements:1.'Commercial Paper' is a short-term unsecured promissory note.2.'Certificate of Deposit' is a long-term instrument issued by the Reserve Bank of India to a corporation.3.'Call Money' is a short-term finance used for interbank transactions.4.'Zero-Coupon Bonds' are the interest-bearing short-term bonds issued by the Scheduled Commercial Banks to corporations.Which of the statements given above is/are correct?
With reference to chemical fertilizers in India, consider the following statements:1.At present, the retail price of chemical fertilizers is market-driven and not administered by the Government.2.Ammonia, which is an input of urea, is produced from natural gas.3.Sulphur, which is a raw material for phosphoric acid fertilizer, is a by-product of oil refineries.Which of the statements given above is/are correct?
2019
With reference to land reforms in independent India,which one of the following statements is correct?
In a given year in India, official poverty lines are higher in some States than in others because
Among the following which one is the largest exporter of rice in the world in the last five years?
Consider the following statements:1.Coal sector was nationalized by the Government of India under Indira Gandhi.2.Now, coal blocks are allocated on lottery basis.3.Till recently, India imported coal to meet the shortages of domestic supply, but now India is self- sufficient in coal product.Which of the statements given above is/are correct?
The Service Area Approach was implemented under the purview of
Consider the following statements:1.Most of India's external debt is owed by governmental entities.2.All of India's external debt is denominated in US dollars.Which of the statements given above is/are correct?
Which of the following is not included in the assets of a commercial bank in India?
In the context of India, which of the following factors is/are contributor/ contributors to reducing the risk of a currency crisis?1.The foreign currency earnings of India's IT sector2.Increasing the government expenditure3.Remittances from Indians abroadSelect the correct answer using the code given below
Which of the following is issued by registered foreign portfolio investors to overseas investors who want to be part of Indian stock market without registering themselves directly?
With reference to India's Five-Year Plans, which of the following statements is/are correct?1.From the Second Five-Year Plan, there was a determined thrust towards substitution of basic and capital good industries
The Chairman of public sector banks are selected by the
The economic cost of food grains to the Food Corporation of India is Minimum Support Price and
Consider the following statements:1.Purchasing Power Parity (PPP) exchange rates are calculated by comparing the prices of the same basket of goods and services in different countries
Among the agricultural commodities imported by India,which one of the following accounts for the highest imports in terms of value in the last five years?
Which one of the following is not the most likely measure the Government/ RBI takes to stop the slide of Indian rupee?
The money multiplier in an economy increases with which one of the following?
2018
Consider the following statements:1.The quantity of imported edible oils is more than the domestic production of edible oils in the last five years.2.The Government does not impose any customs duty on all the imported edible oils as a special case.Which of the statements given above is/are correct?
Consider the following statements:1.Capital Adequacy Ratio (CAR) is the amount that banks have to maintain in the form of their own funds to offset any loss that banks incur if the account-holders fail to repay dues.2.CAR is decided by each individual bank.Which of the statements given above is/are correct?
India enacted the Geographical Indications of Goods (Registration and Protection) Act, 1999 in order to comply with the obligations to
Which one of the following statements correctly describes the meaning of legal tender money?
If a commodity is provided free to the public by the Government, then
Increase in absolute and per capita real GNP do not connote a higher level of economic development, if
Consider the following statements:Human capital formation as a concept is better explained in terms of a process which enables1.individuals of a country to accumulate more capital.2.increasing the knowledge, skill levels and capacities of the people of the country.3.accumulation of tangible wealth.4.accumulation of intangible wealth.Which of the statements given above is/are correct?
Despite being a high saving economy, capital formation may not result in significant increase in output due to
Economically, one of the results of the British rule in India in the 19th century was the
Consider the following statements:1.The Reserve Bank of India manages and services Government of India Securities but not any State Government Securities.2.Treasury bills are issued by the Government of India and there are no treasury bills issued by the state Governments.3.Treasury bills are issued at a discount from the par value.Which of the statements given above is/are correct?
The Partnership for Action on Green Economy (PAGE), a UN mechanism to assist countries transition towards greener and more inclusive economies, emerged at
The Cabinet Committee on Economic Affairs has announced the Minimum Support Price for which of the following?1.Areca nut2.Barley3.Coffee4.Finger millet5.Groundnut6.Sesamum7.Turmeric
2017
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:
It is possible to produce algae-based biofuels, but what is/are the likely limitation(s) of developing countries in promoting this industry?1.Production of algae-based biofuels is possible in seas only and not on continents.2.Setting up and engineering the algae-based biofuels production requires high level of expertise/technology until the construction is complete.3.Economically viable production necessitates the setting up of large-scale facilities which may raise ecological and social concerns.Select the correct answer using the code given below:
In the context of mitigating the impending global warming due to anthropogenic emissions of carbon dioxide, which of the following can be potential sites for carbon sequestration?1.Abandoned and uneconomic coal seams2.Depleted oil and gas reservoirs3.Subterranean deep saline formationsSelect the correct answer using the code given below:
What is/are the advantage/advantages of implementing the 'National Agriculture Market' scheme?1.It is a pan-India electronic trading portal for agricultural commodities.2.It provides the farmers access to nationwide market, with prices commensurate with the quality of their produce.Select the correct answer using the code given below:
With reference to the 'National Intellectual Property Rights Policy', consider the following statements:1.It reiterates India's commitment to the Doha Development Agenda and the TRIPS Agreement.2.Department of Industrial Policy and Promotion is the nodal agency for regulating intellectual property rights in India.Which of the above statements is/are correct?
With reference to 'Global Climate Change Alliance', which of the following statements is/are correct?1.It is an initiative of the European Union.2.It provides technical and financial support to targeted developing countries to integrate climate change into their development policies and budgets.3.It is coordinated by World Resources Institute (WRI) and World Business Council for Sustainable Development (WBCSD).Select the correct answer using the code given below:
Which of the following has/have occurred in India after its liberalization of economic policies in 1991?1.Share of agriculture in GDP increased enormously.2.Share of India's exports in world trade increased.3.FDI inflows increased.4.India's foreign exchange reserves increased enormously.Select the correct answer using the codes given below:
What is/are the most likely advantages of implementing 'Goods and Services Tax (GST)'?1.It will replace multiple taxes collected by multiple authorities and will thus create a single market in India.2.It will drastically reduce the 'Current Account Deficit' of India and will enable it to increase its foreign exchange reserves.3.It will enormously increase the growth and size of economy of India and will enable it to overtake China in the near future.Select the correct answer using the code given below:
Consider the following statements:1.Tax revenue as a percent of GDP of India has steadily increased in the last decade.2.Fiscal deficit as a percent of GDP of India has steadily increased in the last decade.Which of the statements given above is/are correct?
2016
There has been a persistent deficit budget year after year. Which action/actions of the following can be taken by the Government to reduce the deficit?1.Reducing revenue expenditure2.Introducing new welfare schemes3.Rationalizing subsidies4.Reducing import dutySelect the correct answer using the code given below
The establishment of 'Payment Banks' is being allowed in India to promote financial inclusion. Which of the following statements is/are correct in this context?1.Mobile telephone companies and supermarket chains that are owned and controlled by residents are eligible to be promoters of Payment Banks.2.Payment Banks can issue both credit cards and debit cards.3.Payment Banks cannot undertake lending activities.Select the correct answer using the code given below
Which one of the following is a purpose of 'UDAY', a scheme of the Government?
In the context of which of the following do you sometimes find the terms 'amber box, blue box and green box' in the news?
Which of the following is/are included in the capital budget of the Government of India?1.Expenditure on acquisition of assets like roads, buildings, machinery, etc.2.Loans received from foreign governments3.Loans and advances granted to the States and Union TerritoriesSelect the correct answer using the code given below
With reference to the International Monetary and Financial Committee (IMFC), consider the following statements:1.IMFC discusses matters of concern affecting the global economy, and advises the International Monetary Fund (IMF) on the direction of its work.2.The World Bank participates as observer in IMFC's meetings.Which of the statements given above is/are correct?
Which of the following best describes the term 'import cover', sometimes seen in the news?
The term 'Core Banking Solution' is sometimes seen in the news. Which of the following statements best describes/describe this term?1.It is a networking of a bank's branches which enables customers to operate their accounts from any branch of the bank on its network regardless of where they open their accounts.2.It is an effort to increase RBI's control over commercial banks through computerization.3.It is a detailed procedure by which a bank with huge non-performing assets is taken over by another bank.Select the correct answer using the code given below
Which of the following best describes/describe the aim of 'Green India Mission' of the Government of India?1.Incorporating environmental benefits and costs into the Union and State Budgets thereby implementing the 'green accounting'.2.Launching the second green revolution to enhance agricultural output so as to ensure food security to one and all in the future.3.Restoring and enhancing forest cover and responding to climate change by a combination of adaptation and mitigation measures.Select the correct answer using the code given below
India's ranking in the 'Ease of Doing Business Index' is sometimes seen in the news. Which of the following has declared that ranking?
What is/are the purpose/purposes of the 'Marginal Cost of Funds based Lending Rate (MCLR)' announced by RBI?1.These guidelines help improve the transparency in the methodology followed by banks for determining the interest rates on advances.2.These guidelines help ensure availability of bank credit at interest rates which are fair to the borrowers as well as the banks.Select the correct answer using the code given below
With reference to an initiative called 'The Economics of Ecosystems and Biodiversity (TEEB)', which of the following statements is/are correct?1.It is an initiative hosted by UNEP, IMF and World Economic Forum.2.It is a global initiative that focuses on drawing attention to the economic benefits of biodiversity.3.It presents an approach that can help decision-makers recognize, demonstrate and capture the value of ecosystems and biodiversity.Select the correct answer using the code given below
With reference to 'Financial Stability and Development Council', consider the following statements:1.It is an organ of NITI Aayog.2.It is headed by the Union Finance Minister.3.It monitors macroprudential supervision of the economy.Which of the statements given above is/are correct?
What is/are the purpose/purposes of 'District Mineral Foundations' in India?1.Promoting mineral exploration activities in mineral-rich districts2.Protecting the interests of the persons affected by mining operations3.Authorizing State Governments to issue licenses for mineral explorationSelect the correct answer using the code given below
With reference to 'Bitcoins', sometimes seen in the news, which of the following statements is/are correct?1.Bitcoins are tracked by the Central Banks of the countries.2.Anyone with a Bitcoin address can send and receive Bitcoins from anyone else with a Bitcoin address.3.Online payments can be sent without either side knowing the identity of the other.Select the correct answer using the code given below
What is/are the purpose/purposes of Government's 'Sovereign Gold Bond Scheme' and 'Gold Monetization Scheme'?1.To bring the idle gold lying with Indian households into the economy.2.To promote FDI in the gold and jewellery sector.3.To reduce India's dependence on gold imports.Select the correct answer using the code given below
The term 'Regional Comprehensive Economic Partnership' often appears in the news in the context of the affairs of a group of countries known as
Which of the following is/are the advantage/advantages of practicing drip irrigation?1.Reduction in weed2.Reduction in soil salinity3.Reduction in soil erosionSelect the correct answer using the code given below
With reference to the economic history of medieval India, the term 'Araghatta' refers to
2015
'Pradhan Mantri Jan-Dhan Yojana' has been launched for
With reference to the Fourteenth Finance Commission, which of the following statements is/are correct?1.It has increased the share of States in the central divisible pool from 32 percent to 42 percent.2.It has made recommendations concerning sector-specific grants.Select the correct answer using the code given below
A decrease in tax to GDP ratio of a country indicates which of the following?1.Slowing economic growth rate2.Less equitable distribution of national incomeSelect the correct answer using the codes given below
In the 'Index of Eight Core Industries',which one of the following is given the highest weight?
The Fair and Remunerative Price (FRP) of sugarcane is approved by the
Who of the following was/were economic critic/critics of colonialism in India?1.Dadabhai Naoroji2.G. Subramania Iyer3.R.C. DuttSelect the correct answer using the codes given below
Which one of the following issues the 'Global Economic Prospects' report periodically?
When the Reserve Bank of India reduces the Statutory Liquidity Ratio by 50 basis points, which of the following is likely to happen?
In India, markets in agricultural products are regulated under the
Convertibility of rupee implies
India is member of which among the following?1.Asia-Pacific Economic Cooperation2.Association of South-East Asian Nations3.East Asia SummitSelect the correct answer using the code given below
With reference to the Union Government, consider the following statements:1.The Department of Revenue is responsible for the preparation of Union Budget that is presented to the Parliament.2.No amount can be withdrawn from the Consolidated Fund of India without the authorization from the Parliament of India.3.All the disbursements made from Public Account also need the authorization from the Parliament of India.Which of the statements given above is/are correct?
Consider the following statements:1.The Accelerated Irrigation Benefits Programme was launched during 1996-97 to provide loan assistance to poor farmers.2.The Command Area Development Programme was launched in 1974-75 for the development of water-use efficiency.Which of the statements given above is/are correct?
'Basel III Accord' or simply 'Basel III' often seen in the news, seeks to
With reference to Indian economy, consider the following statements:1.The rate of growth of Real Gross Domestic Product has steadily increased in the last decade.2.The Gross Domestic Product at market prices (in rupees) has steadily increased in the last decade.Which of the statements given above is/are correct?
With reference to Indian economy, consider the following:1.Bank rate2.Open market operations3.Public debt4.Public RevenueWhich of the above is/are component/components of Monetary Policy?
With reference to inflation in India, which of the following statements is correct?
The substitution of steel for wooden ploughs in agricultural production is an example of
The problem of international liquidity is related to the non-availability of
Which one of the following best describes the main objective of 'Seed Village Concept'?
There has been a persistent deficit budget year after year. Which of the following actions can be taken by the government to reduce the deficit?1.Reducing revenue expenditure2.Introducing new welfare schemes3.Rationalizing subsidies4.Expanding industriesSelect the correct answer using the code given below