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077 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Q2 ... Read More

076 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Consider the following:1. Industrial Finance Corporation of India2. Industrial Credit and Investment Corporation of India3. Industrial Development Bank of India4. Unit Trust of India The correct ... Read More

075 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Which one of the following bodies finalises the Five- Year Plans proposals?(a) Planning Commission (b) Union Cabinet (c) National Development Council (d) Ministry of PlanningAns: (c)Q2 ... Read More

074 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. An objective of the National Food Security Mission is to increase the production of certain crops which are(a) Rice and wheat only(b) Rice, wheat and pulses ... Read More

073 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. The main reason for low growth rate in India, in spite of high rate of savings and capital formation is(a) high birth rate (b) low level ... Read More

072 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. The rate of exchange of Indian rupee is linked with(a) Dollar (b) Sterling/Pound (c) A basket of foreign currencies (d) YenAns: (c)Q2. In the context of ... Read More

071 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. In India, which of the following has the highest share in the disbursement of credit to agriculture and allied activities?(a) Commercial Banks(b) Co-operative Banks(c) Regional Rural ... Read More

070 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Which of the following is/are the functions of the National Development Council of India?1. To prescribe guidelines for preparation of the national economic plan.2. To review ... Read More

069 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. What is/are the facility/facilities the beneficiaries can get from the services of Business Correspondent (Bank Saathi) in branchless areas?1. It enables the beneficiaries to draw their ... Read More

068 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Consider the following statements:1. Employees’ Provident Fund comes under the Ministry of Labour and Employment.2. National Pension System comes under the Ministry of Finance.3. Employees’ Provident ... Read More

067 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Which of the broad categories of industries covers oil refineries and sugar mills?(a) Primary (b) Secondary(c) Tertiary (d) None of themAns: (b)Q2. Consider the following statements ... Read More

066 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. For which of the following, the Reserve Bank of India has stipulated a maximum Capital Adequacy Requirements in India?(a) Private Sector Banks(b) Banks that Undertake Insurance ... Read More

065 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Which of the following statement is correct regarding Gini coefficient used to measure income distribution?(a) A value of 0 indicates perfect inequality and 1 indicates perfect ... Read More

064 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Consider the following statements about mutual funds: 1. In open-ended funds shares are bought and sold on demand at their net asset value.2. In closed –ended ... Read More

063 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Which of the following area selected by the government to transform economy in recent economic renovation?1. Growth and stability2. Public service delivery3. Fiscal management4. Digital economy ... Read More

062 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. ‘Personal Income’ equals(a) The household sector’s income(b) Private income minus savings of the corporate sector minus corporation tax(c) Personal disposable income plus miscellaneous receipts of Government(d) ... Read More

061 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Which of the following is/are not released by World Bank?(a) International Debt Statistics (b) FDI Restrictiveness Index(c) Global Economic Prospects (d) All of AboveAns: (b)Q2. Which ... Read More

060 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Consider the following statements in regard to ‘Buyback’:1. It can be used by companies to increase its investment in them.2. It is an instrument to reduce ... Read More

059 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Mixed economy refers to(a) The coexistence of heavy, small scale and cottage industries (b) The promotion of agriculture as well as cottage industries (c) The coexistence ... Read More

058 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. National income of India in terms of Gross Domestic Product(GDP) is composed of three sectors namely, Primary sector, Secondary sector and Tertiary sector. Consider the following ... Read More

057 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Currency Devaluation done by the government leads to which of the following ?(a) Fall in domestic prices(b) Increase in domestic prices(c) No impact on domestic prices(d) ... Read More

056 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. What does S & P 500 relate to?(a) Supercomputer (b) A new technique in e-business (c) A new technique in bridge building (d) An index of ... Read More

055 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Assertion (A): The emergence of economic globalism does not imply the decline of socialist ideology.Reason (R): The ideology of Socialism believes in universalism and globalism. In ... Read More

054 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Consider the following statements about the Second Five-Year Plan : 1. It was drafted under the leadership of K. N. Raj.2. It proposed that industries like ... Read More

053 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Which of the following refers to the freedom for firms and residents to freely buy into overseas assets?1. Capital Account Consumption2. Capital Across Convertibility3. Capital Account ... Read More

052 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. CAPART is related with-(a) Assisting and evaluating rural welfare programmes(b) Computer hardware(c) Consultant service of export promotion(d) Controlling pollution in big industriesAns: (a)Q2. Tourism industry in ... Read More

051 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Which of the following iron & steel plants is closer to coal deposits than iron ore deposits?(a) Bhilai & Bokaro (b) Jamshedpur & Bhadrawati (c) Burnpur ... Read More

050 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Which of the following statements with regard to Indian Agriculture is/are true?1. Although rice is the most important cereal being cultivated in India in terms of ... Read More

049 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. In India the public sector is the most dominant in(a) steel production(b) organized term-ending financial institution(c) transport(d) commercial bankingAns: (c)Q2. Which of the following terms are ... Read More

048 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Which of the following brings out the ‘Consumer Price Index Number for the Industrial Workers’?(a) The Reserve Bank of India (b) The Department of Economic Affairs ... Read More

047 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. After the deduction of grants for the creation of capital assets from revenue deficit we get:(a) Fiscal deficit (b) Budget deficit(c) Primary deficit (d) Effective revenue ... Read More

046 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. What are the arguments put forward by opponents of FDI in a country?1. It may result in a form of modern day economic colonialism.2. The long-run ... Read More

045 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Consider the following statements :The function of the Reserve Bank of India does not include:1. Open market operations2. Monitoring revenue collection3. Supervising non-banking finance companies4. Review ... Read More

044 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Consider the following statements regarding Asian Infrastructure Investment Bank (AIIB):1. The Authorized Capital Stock of the bank is 100 billion US Dollars, divided into 1 million ... Read More

043 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Consider the following statements regarding Brown label ATMs:1. Banks outsource the ATM operations to a third party.2. Brown label ATMS do not have any Bank’s logo.3 ... Read More

042 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Which institution is known as ‘soft loan window’ of World Bank?(a) IFC(b) IDA(c) IMF(d) Indian Development ForumAns: (b)Q2. Which of the following statements correctly defines ‘Digital ... Read More

041 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Consider the following statements 1. In India the minimum denomination coin acceptable for transaction is 50 paise.2. Coins below 50 praise is not a legal tender ... Read More

040 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Consider the following statements regarding Cheque Truncation System (CTS):1. CTS is used by banks to stop the movement of a physical cheque from the bank where ... Read More

039 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Which of the following does not form part of current account of Balance of Payments?(a) Export and import of goods(b) Export and import of services(c) Income ... Read More

038 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. A recent survey (by Bloomberg) shows that the USA has fallen behind emerging markets in Brazil, China and India as the preferred place to invest. Why ... Read More

037 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Which of the following is not a characteristic of an efficient subsidy regime?(a) A subsidy regime regressive in nature(b) A subsidy regime progressive in nature(c) A ... Read More

036 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Which of the following can be associated with ‘Gini Coefficient’?1. National Income inequality.2. Lorentz Curve.3. Education system.Select the correct answer using the codes given below:(a) 1 ... Read More

035 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Multinational means(a) A person having passports and visas of many countries (b) A person having property in many countries (c) A person holding citizenship of many ... Read More

034 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. ‘Eco mark’ is given to the Indian products that are(a) pure and unadulterated (b) rich in proteins (c) environment friendly (d) economically viableAns: (c)Q2. The natural ... Read More

033 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Q2. The main source of financing the implementation of development programmes is(a) Internal resources from taxes and other measures (b) External finance as borrowings/loans from foreign ... Read More

032 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Which of the following precautions has to be taken by a country going for foreign aid?1. Keeping foreign aid strings-free2. Keeping the borrowing level low so ... Read More

031 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Which among the following sectors contributes maximum excise revenue to Indian exchequer?(a) Agriculture (b) Steel industry(c) Oil and gas (d) AviationAns: (c)Q2. Consider the following statement ... Read More

030 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. 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 ... Read More

029 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Which of the following countries creates the world’s first ever Digital Ambassador Post?(a) India (b) China(c) USA (d) DenmarkAns: (d)Q2. Rajesh had done diploma in civil ... Read More

028 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Which of the following should be considered for ‘Pigovian taxation’?1. Consumption of Cigarettes2. Research for new technology3. Burning of fossil fuels4. Restoration of lost cultural heritage ... Read More

027 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Which among the following is the most important source region of NRI remittances to India ?(a) North America (b) Europe(c) Middle East (d) Asia Pacific(e) South ... Read More

026 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Which of the following factors was not a reason behind the occurrence of the Industrial Revolution in England first?(a) No part of the country was far ... Read More

025 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Indian Human Development Report does not give for each sample village(a) Infrastructure and Amenities Index (b) Education Related Index (c) Health Related Index (d) Unemployment Related ... Read More

024 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Consider the following sectors of Indian Economy :1. Construction2. Mining3. Manufacturing4. Electricity Which of the above given sectors is/are NOT included in calculating Index of Industrial ... Read More

023 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Why is the government of India disinvesting its equity in the central public sector enterprises(CPSEs)?1. The government intends to use the revenue earned from the disinvest-ment ... Read More

022 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Which of the following grants / grant direct credit assistance to rural households?1. Regional Rural Banks2. National Bank for Agriculture and Rural Development3. Land Development Banks ... Read More

021 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Which among the following sector of Indian Economy is maximum dependent on economic developments in advanced rations?(a) Manufacturing sector(b) Agricultural sector(c) Mining sector(d) Services sectorAns: (d)Q2 ... Read More

020 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Which of the statement is correct regarding Land Development Banks?I. It provides long-term rural credit for land improvement, soil conservation and other investments of a capital ... Read More

019 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Consider the following statements:1. For easy exchange of information on banking and tax related matters, India and Australia signed the revised Double Taxation Avoidance Agreement (DTAA).2 ... Read More

018 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. We read in the newspapers that the Foreign Direct Investments are preferred over the Capital Inflow. In this context, please consider the following :1. FDI brings ... Read More

017 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Which of the following is associated with Fiscal policy?(a) Inflation (b) Taxation(c) Consumption (d) Money SupplyAns: (b)Q2. A market in which there are large numbers of ... Read More

016 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Which one of the following committees recommended the abolition of reservation of items for the small scale sector in industry?(a) Abid Hussain Committee. (b) Narasimham Committee ... Read More

015 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Which of the following constitutes “Quaternary sector of the economy”?(a) Defense related production(b) Sports based economy and other associated industries(c) IT, R&D and other knowledge-based services(d) ... Read More

014 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Mixed farming means(a) Growing two crops at one time (b) Growing different crops in succession (c) Using different soils (d) Agriculture involving crops and livestockAns: (d)Q2 ... Read More

013 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Which sentences are correct regarding export in India?I. 45%-50% of the Indian Exports is contributed by SSI Sector.II. Direct exports from the SSI Sector account for ... Read More

012 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. With reference to ‘Economics’ which statement is correct?1. Economics is an area where people, society and government prioritize their choices in the process of using the ... Read More

011 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. An outward shift in the demand for money, other things being equal should lead to:(a) A lower interest rate but the same quantity of money(b) A ... Read More

010 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. The amount which a commercial bank needs to maintain in the form of cash, gold and government approved securities before providing credit to its customers is ... Read More

009 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Why there was the need for export promotion in India?I. Primary products exporting countries have an unfavourable term of trade. The earnings from primary product exports ... Read More

008 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Cross elasticity of demand between petrol and car is(a) infinite (b) positive(c) zero (d) negativeAns: (d)Q2. Which of the following is/are among the recommendations of the ... Read More

007 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. What is Government’s trade policy?(a) Export promotion (b) Import substitution (c) Both of the above(d) None of the aboveAns: (c)Q2. Which one of the following statements ... Read More

006 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. The Integrated & which are being supported by Asian Development Bank, are located in which Indian state?(a) Himachal Pradesh (b) Jammu and Kashmir(c) Arunachal Pradesh (d) ... Read More

005 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Which of the following statements in the context of incomeenvironment relationship is /are correct? (1) Pollution trends tend to follow an inverse-U shaped relationship across different ... Read More

004 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Corporation tax is imposed by(a) State Government(b) Central Government(c) Local Government(d) State as well as Central GovernmentAns: (d)Q2. Which among the following is an example of ... Read More

003 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Which among the following sector of Indian Economy is maximum dependent on economic developments in advanced nations?1. Manufacturing Sector2. Agricultural Sector3. Mining Sector4. Services Sector Which ... Read More

002 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. If the interest rate is decreased in an economy, it will(a) decrease the consumption expenditure in the economy (b) increase the tax collection of the Government ... Read More

001 Economy Previous Year Questions

Economy Previous Year QuestionsQ1. Fiscal Policy in India is formulated by(a) the Reserve Bank of India(b) the Planning Commission(c) the Finance Ministry(d) the Securities and Exchange Board of IndiaAns: (c)Q2 ... Read More
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