Economy

The artificially fixed rupee-sterling exchange rate prescribed by the _Hilton-Young Commission (1926) was adopted by the British Government for which one of the following reasons ?

Which of the following is/are the most significant implication(s) of obtaining Oeko-Tex certification for Eri Silk in the global textile industry ? 1. It allows Indian exporters to compete in high-end markets that prioritise chemical-free products. 2. It confirms that Eri Silk meets international safety, environmental, and quality standards, enabling its entry into premium eco-conscious markets. Select the answer using the code given below :

Consider the following statements with reference to the Sagarmala Programme of the Government of India : I. The Sagarmala Programme seeks to achieve port-led economic growth through cost-effective and sustainable coastal infrastructure. Tl. The success of the Sagarmala Programme is reflected in significant growth in coastal and inland waterway shipping, along with improved global port rankings. Til. Sagarmala 2.0 aims to position India as a global maritime innovation hub aligned with Atmanirbhar Bharat and Viksit Bharat 2047 visions. Which of the following relationships among the above statements is/are correct ? 1. Statement II validates the effectiveness of the strategies envisioned in statement I 2. Statement III extends the objectives of statement I by embedding them into a future-oriented innovation framework. 3. Statement I contradicts statement II by focusing only on traditional : infrastructure instead of modern innovation. Select the answer using the code given below :

Which of the following statements with regard to Green Hydrogen is/are correct ? 1. It is decarbonized hydrogen obtained from natural gas reforming combined with carbon capture and storage (CCS). 2. It is produced using electrolysis of water with electricity generated by renewable energy. 3. National Green Hydrogen Mission of India aims for abatement of nearly 50 MMT of annual greenhouse gas emissions by 2030. Select the answer using the code given below :

An e-commerce revenue model where the seller has control over pricing but doesn’t keep products in stock and instead transfers customer orders and shipment details to a third-party supplier, who then ships the goods directly to the customer, is called :

Which one of the following correctly represents the three key sub-indices of the Financial Inclusion Index (FI-Index) of the Reserve Bank of India (RBI) ?

Which one of the following best describes the key objective of India's ‘Open Network for Digital Commerce’ (ONDC) initiative?

10. Which one of the following statements about Unified Payments Interface (UPI) and Central Bank Digital Currency (Digital Rupee) is not correct ? =

Which of the following statements about Real-World Assets (RWA) Tokenization are correct ? 1. Tokenization is the process of turning real world assets into digital tokens using blockchain technology, 2. Tokenization of real world assets offers 247 access, promoting financial inclusion. 3. a eion of real world assets will iniveatiiignt ee to high Srowth ia India, Pportunities for individuals ety anager using the code given below : (b) 2 and 3 only (c) 1 and 2 only (d) 1and3 only -A)

A bond whose proceeds are used only to finance or refinance a combination of both environmental and social projects is called:

Which of the following statements about M1xchange's role in Micro, Small & Medium Enterprises (MSMEs) financing is/are correct?

Which one of the following best describes the ‘Crowding Out Effect’ in the context of fiscal policy?

Which of the following statements about insurance in aviation sector is/are correct ? J, ‘Aviation Hull Insurance’ covers the physical aircraft, including the body, engine, and on-board equipment. 2; Under the Montreal Convention, adopted in 1999 by over 130 countries, including India, airlines are strictly liable to pay compensation to the family/nominee of every deceased passenger without requiring the family to prove fault. Select the answer using the code given below :

ich of the following statement, ft Mowdfunding islare correct? mS about gg j, Crowdfunding jis Solicitation of fi d (small amount) from multiple divest 5 through a web-based Platform or Social : networking site for 4 specific Project, 1 2. Small and Medium Enterprises (SMEs) are able ts ee funds at lower cost 2 of capital wit] ‘out undergoi: if procedures; Being rigorous Select the answer using the code Biven below : 3

With reference to different Committees in India, consider the following details ; SI. Committee Objective Organizatio: No. under which y it was formed : 1. IRN. Comprehensivd Insurance G Malhotra reforms of Regulatory ( Committee Insurance and Sector in India Development ( Authority of ( India 2 ILC, Gupta Preparing a Securities Committee roadmap for and 100. ( the Exchange } introduction of Board of derivatives India 1 trading in India 3. Unit R. Preparinga Reserve 2 Patel roadmap for Bank of Committee reforming bank] India 3 lending to the Housing sector YH. Preparinga Reserve Malegam roadmap for Bank of Committee reforms in India : Microfinance ; sector in India {2 Which of the above rows are all the details ( ety matched ? ( * 2 only Q 2and 3 ( 1,3and4 ( , d and 4 ly) MNAago (51-A)

Consider the following statements about the Non-Banking Financial Companies (NBFCs) in India : 1. NBFCs cannot accept demand deposits. 2. All the NBFCs operating in India have to be registered with the RBI. 3. NBFCs form part of the payment and settlement system and can issue cheque drawn on itself. 4, Deposit insurance facility of Deposit Insurance and Credit Guarantee Corporation (DICGC) is not available to the depositors of deposit taking NBFCs. Which of the statements given above is/are correct ?

Consider the following Statements about Multidimensional Poverty Index (MPI):

With reference to investments, consider Bonds, Hedge Funds, Stocks and Venture Capital. How many are treated as Alternative Investment Funds?

Which of the following are sources of income for the Reserve Bank of India: buying/selling Government bonds; buying/selling foreign currency; pension fund management; lending to private companies; printing and distributing currency notes?

With reference to the Government of India, consider the matching of the Directorate of Enforcement, Directorate of Revenue Intelligence and Directorate General of Systems and Data Management with their functions and parent departments.

Consider statements on the Business Responsibility and Sustainability Report: RBI mandates all listed companies to submit it; and BRSR disclosures are largely non-financial.

Consider statements on exemption of income from allied agricultural activities such as poultry/wool rearing and treatment of rural agricultural land as a capital asset under the Income-tax Act.

Consider statements on India joining the Minerals Security Partnership, India being resource-rich in all 30 critical minerals, and the 2023 MMDR amendment empowering the Centre for certain critical minerals.

Consider statements explaining why bondholders are generally at lower risk than stockholders, including their status as lenders and repayment priority.

Consider statements about India’s large share of global equity-option contracts, its stock-market capitalisation overtaking Hong Kong, and absence of a regulatory body for small-investor protection.

Consider statements that circular economy reduces greenhouse-gas emissions, reduces raw-material use, and reduces production waste.

Consider statements: capital receipts create liability or reduce government assets; borrowings and disinvestment are capital receipts; interest received on loans creates a government liability.

Consider statements on cement-sector CO2 emissions, silica-bearing clay mixed with limestone, and limestone conversion to lime during clinker production.

How many activities—crude-oil production; refining/storage/distribution; marketing/sale of petroleum products; natural-gas production—are regulated by PNGRB?

Given revenue expenditure ₹80,000 crore, revenue receipts ₹60,000 crore, borrowings ₹10,000 crore and interest payments ₹6,000 crore, which deficit statements are correct?

Consider statements comparing ethanol production from major feedstocks and the United States as a principal feedstock source.

A country’s fiscal deficit is ₹50,000 crore and total receipts excluding borrowing are ₹10,000 crore; interest liabilities are ₹1,500 crore. What is primary deficit?

Which statements correctly describe the 15th Finance Commission recommendations on grants, States’ share of Union taxes and tax-effort criteria?

Consider statements on instantaneous RTGS settlement, charges for inward RTGS transactions, and operating hours of RTGS versus NEFT.

How many of UAE, France, Germany, Singapore and Bangladesh have international merchant payments accepted under UPI?

Consider statements on PM Surya Ghar Muft Bijli Yojana, rooftop solar and household support.

Consider statements related to international merchant payments and RTGS/NEFT arrangements.

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?

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 statements: 1. India is a member of the International Grains Council. 2. A country needs to be a member of the International Grains Council for exporting or importing rice and wheat. Which of the statements given above is/are correct?

The total fertility rate in an 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 Companies 2. Pension Funds 3. Retail Investors. Select the correct answer using the code given below:

Consider the following: 1. Exchange-Traded Funds (ETF) 2. Motor vehicles 3. Currency swap. Which of the above is/are considered financial instruments?

With reference to the sectors of the Indian economy, consider the following pairs: Economic activity — Sector: 1. Storage of agricultural produce — Secondary; 2. Dairy farm — Primary; 3. Mineral exploration — Tertiary; 4. Weaving cloth — Secondary. How many of the pairs given above are correctly matched?

Consider the following materials: 1. Agricultural residues 2. Corn grain 3. Wastewater treatment sludge 4. Wood mill waste. Which of the above can be used as feedstock for producing Sustainable Aviation Fuel?

With reference to physical capital in Indian economy, consider the following pairs: 1. Farmer's plough — Working capital; 2. Computer — Fixed capital; 3. Yarn used by the weaver — Fixed capital; 4. Petrol — Working capital. How 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?

Recently, the term "pumped-storage hydropower" is actually and appropriately discussed in the context of which one of the following?

With reference to the Indian economy, "Collateral Borrowing and Lending Obligations" are the instruments of:

Consider the following: 1. Battery storage 2. Biomass generators 3. Fuel cells 4. Rooftop solar photovoltaic units. How many of the above are considered ‘distributed Energy Resources’?

Consider the following statements : Statement-! : India, despite having uranium deposits, depends on coal for most of its electricity production. Statement-11 : 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?

Consider the following statements : Statement-! : Interest income from the deposits in Infrastructure Investment Trusts (InviTs) distributed to their investors is exempted from tax, but the dividend is taxable. Statement-11 : InviTs are recognized as borrowers under the 'Securitization and Recon- struction of Financial Assets and Enforcement of Security Interest Act, 2002'. Which one of the following is correct in respect of the above statements?

Consider the following statements: Statement-I: In the post-pandemic recent past, many Central Banks worldwide had carried out interest rate hikes. Statement-II: Central Banks generally assume that they have the ability to counteract the rising consumer prices via monetary policy means.

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 Market 2. Call Money Market 3. Treasury Bill Market 4. Stock Market How 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 aoyssinica) 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 recognition 2. Inventory 3. Intellectual property 4. Mailing list of clients How many of the above are considered intangible investments?

Consider the fol~owing : 1. Demographic performance 2. Fore~t and ecology 3. Governance reforms 4. Stable government 5. Tax and fiscal efforts For the horizontal tax devolution, the Fifteenth Finance Commission used how many of the above as criteria other than population area and income distance?

With reference to green hydrogen, consider the following statements : . 1. It can be used directly as a fuel for internal combustion. 2. It can be blended with natural gas and used as fuel for heat or power generation. 3. It can be used in the hydrogen fud cell to run vehicles. How many of the above statements are correct?

With reference to coal-based thermal power plants in India, consider the following statements : 1. None of them uses seawater. 2. None of them is set up in water-stressed district. 3. None of them is privately owned. How many of the above statements are correct?

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 (' 15 crore and ('25 crore. 2. All bank loans to the Micro, Small and Medium Enterprises qualify under the priority sector. Which of the statements given above isfare correct?

With reference to Central Bank digital currencies, consider the following statements: 1. It is possible to make payments in a digital currency without using US dollar or SWIFT system. 2. A digital currency can be distributed with a condition programmed into it such as a time-frame for spending it. Which of the statements given above is/are correct?

In the context of finance, the term 'beta' refers to

Consider the following statements : Statement-! : Switzerland is one of the leading exporters of gold in terms of value. Statement-11 : 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-! : India accounts for 32% of global export of goods. Statement-11 : Many local companies and some foreign companies ope~ating 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 heavy industries : 1. Fertilizer plants 2. Oil refmeries 3. Steel plants Green hydrogen is expected to play a significant role in decru:bonizing how many of the above industries?

"Rapid Financing Instrument" and "Rapid Credit Facility" are related to the provisions of lending by which one of the following?

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 "G20 Common Framework", consider the following statements: 1. It is an initiative endorsed by the G20 together with the Paris Club. 2. It is an initiative to support Low Income Countries with unsustainable debt. Which of the statements given above is/are correct? Road, Patna, Bihar 800001 | Hyderabad - 1st & 2nd Floor, SM Plaza, RTC X Rd, Indira Park Road, Jawahar Nagar, Hyderabad, Telangana 500020

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 market-places. 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 crops 2. Textile mills converting raw cotton into fabrics 3. A commercial bank lending money to a trading company 4. A corporate body issuing Rupee Denominated Bonds overseas Select 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 the US Federal Reserve could lead to capital flight. 2. Capital flight may increase the interest cost of firms with existing External Commercial borrowing (ECBs). 3. Devaluation of domestic currency decreases the currency risk associated with ECBs. Which of the statements given above are correct?

Consider the following statements: 1. In India credit rating agencies are regulated by the 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 the Chairman of BBB. 2. BBB recommends for the selection of head for 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?

In India which one of the following is responsible for maintaining for prices stability by controlling inflation?

In India, what is the role of the Coal Controller’s Organization (CCO)? 1. CCO is the major source of coal Statistics in Government of India. 2. It monitors progress of development of Captive Coal/ Lignite blocks. 3. It hears any objection to the Government’s notification relating to acquisition of coal-bearing areas. 4. It ensures that coal mining companies deliver the coal to end users in the prescribed time. Select the correct answer using the code given below:

Consider the following statements: 1. Gujarat has the largest solar park in India. 2. Kerala has a fully solar powered International Airport. 3. Goa has the largest floating solar photovoltaic project in India. Which of the statements given above is/are correct?

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 policies 2. Fiscal stimulus 3. Inflation-indexing wages 4. Higher purchasing power 5. Rising interest rates. Select 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 ‘WaterCredit’, 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 people to meet their water needs without depending on subsidies. Which of the statements given above are correct?

In India, the central bank’s function as the ‘lender of last resort’ usually refers to which of the following?

With reference to furnace oil, consider the following statements: 1. It is a product of oil refineries. 2. Some industries use it to generate power. 3. Its use causes sulphur emissions into environment. Which of the statements given above are correct?

Consider the following statements: 1. The Governor of the Reserve Bank of India (RBI) is appointed by the Central Government. 2. Certain provisions in the Constitution of India give the Central Government the right to issue directions to the RBI in public interest. 3. The Governor of the RBI draws his power from the RBI Act. Which of the above statements are correct?

With reference to casual workers employed in India, consider the following statements: 1. All casual workers are entitled for Employees Provident Fund coverage. 2. All casual workers are entitled for regular working hours and overtime payment. 3. The government can by a notification specify that an establishment or industry shall pay wages only through its bank account. Which of the above statements are correct?

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 if 1. price of its substitute increases 2. price of its complement increases 3. the good is an inferior good and income of the consumers increases 4. its price falls. Which 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 Reserve 2. Actions of the Reserve Bank of India 3. Inflation and short-term interest rates. Select the correct answer using the code given below.

Consider the following: 1. Foreign currency convertible bonds 2. Foreign institutional investment with certain conditions 3. Global depository receipts 4. Non-resident external deposits. Which of the above can be included in Foreign Direct Investments?

Consider the following statements: The effect of devaluation of a currency is that it necessarily: 1. improves the competitiveness of the domestic exports in the foreign markets 2. increases the foreign value of domestic currency 3. improves the trade balance. Which 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?

If another global financial crisis happens in the near future, which of the following actions/policies are most likely to give some immunity to India? 1. Not depending on short – term foreign borrowings 2. Opening up to more foreign banks 3. Maintaining full capital account convertibility Select 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

“Golden Tranche” (Reserve Tranche) refers to

Along with the Budget, the Finance Minister also places other documents before the parliament which include ‘The Macro Economic Framework Statement‘. The aforesaid document is presented because this is mandated by

With reference to chemical fertilizers in India, considered the following statements : 1. At present, the retail price of chemical fertilizers is market driven and not administrated 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 fertilizers is a by product of oil-refineries. Which of the statements given above is/are correct below :

With reference to solar water pumps consider the following statements: 1. Solar can be used for running surface pumps and not for submersible pumps. 2. Solar power can be used for running centrifugal pumps and not the ones with piston. Which of the statements given above is/are correct?

What is the importance of the term “Interest Coverage Ratio” of a firm in India? 1. It helps in understanding the firms that a bank is going to give loan to. 2. It helps in evaluation 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 dept. 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 prices 2. Government trading 3. Government stockpiling 4. Consumer subsidies 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 and its key measures of inflation and to decide on changing the key policy rate Which of the statements given above is/are correct?

With reference to the Indian economy consider the following statements? 1. ‘Commercial paper’ is short term Unsecure 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 short-term finance used for interbank transaction. 4. “Zero coupons bonds are the interest-bearing short-term bonds issued by the Scheduled Commercial Bank to corporation. Which of the statements given above is/are correct?

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 statement 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:

The term ‘West Taxes Intermediate’, sometimes found in news to a grade of

In the context of Indian economy non-financial debt includes which of following? 1. Housing loans owed by households 2. Amount outstanding on credit cards 3. Treasury bills 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 optimize the Statutory Liquidity Ratio 2. Increase the Marginal Standing Facility Rate 3. Cut the Bank Rate and Repo Rate Select the correct answer using the code given below:

With reference to the Indian economy after the 1991 economy liberalization, consider the following statements: 1. Worker productivity (₹ per worker at 2004-05 price) increase in urban areas while it decreased in rural areas. 2. the percentage share of rural areas in workforce steadily increased. 3. In rural areas, the growth in non-farm economy increased. 4. The growth rate in rural employment decreased. Which of the statement give 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 Bank and Regional Rural Banks. 2. One of the most important functions of DCCBs id to provide funds to the Primary Agricultural Credit Societies. Which of the statement give above is/are correct?

In India under cyber insurance for individuals, which of the following benefits are generally covered, in addition to payment for the loss of funds and other benefits? 1. Cost of restoration of the computer system in case of malware disrupting access to one’s computer 2. Cost of a new computer if some miscreant wilfully damages it, if proved so 3. Cost of hiring a specialized consultant to minimize the loss in case of cyber extortion 4. Cost of defence in the Court of Law if any third party files a suit Select the correct answer using the code given below:

What was the purpose of inter creditor Agreement signed by Indian Banks and Financial institution recently?

The Chairman of public sector banks are selected by the

Consider the following Statements: 1. Petroleum and Natural Gas Regulatory Board (PNGRB) is the first regulatory Board set up by the Govt. of India. 2. One of the tasks of PNGRB is to ensure competitive markets for gas. 3. Appeals against the decisions PNGRB go before the Appellate Tribunals for Electricity. Which of the Statements given above are correct?

Which one of the following is not a sub-index of the World Bank’s Ease of Doing Business Index?

The economic cost of food grains to the Food Corporation of India is Minimum Support Price and bonus (If any) paid to the farmer’s plus

The Service Area Approach was implemented under the purview of

With reference to the management of minor minerals in India, consider the following statements: 1. Sand is a ‘Minor Mineral’ according to the prevailing law in the country 2. State Governments have the power to grant mining leases of m minor minerals, but the powers regarding the formation of rules related to the grant of minor minerals lie with the Central Government. 3. State Governments have the power to frame rules to prevent illegal mining of minor minerals. Which of the statement given above is/are correct?

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 statement 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 sector 2. Increasing the government expenditure 3. Remittances from Indians abroad Select the correct answer using the code given below.

Which of the following issued by registered foreign portfolio investors to overseas investors who want to be part of the Indian stock market without registering themselves directly?

With reference to India’s Five – Year Plan, 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. 2. The Fourth Five- Year Plan adopted the objective of correcting the earlier trend of increased concentration of wealth and economic power. 3. In the Fifth Five- Year Plan, for the first time, the financial sector was included as an integral part of the Plan. Select the correct answer using the code given below.

Consider the following statements: 1. Purchasing power exchange rates are calculated by comparing the price of the same basket of goods and services I different countries. 2. In terms of PPP dollars, India is the sixth largest economy in the world. Which of the statements given above is/ are correct?

Which of the following is not the most likely measure the Government/ RBI takes to stop the slide of Indian rupee?

Consider the following statements: The Reserve Bank of India’s recent directives relating to ‘Storage of Payment System Data’, popularly known as data diktat, command the payment system providers that 1. They shall ensure that entire data relating to payment systems operated by them are stored in a system only in India 2. They shall ensure that the systems are owned and operated by pubic sectore enterprises 3. They shall submit the consolidated system audit report to the Comptroller and Auditor General of India by the end of the calendar year Which of the statement given above is are correct

The money multiplier in an economy increases with which one of the following?

The global competitiveness report is published by the

In a given year in India, Official poverty lines are higher in some states than in others because

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 production. Which of the statements given above is/are correct?

As per the NSSO 70thRound “Situation Assessment Survey of Agricultural Households”, consider the following statements 1. Rajasthan has the highest percentage share of agricultural households among its rural households. 2. Out of the total agricultural households in the country, a little over 60 percent belong to OBCs. 3. In Kerala, a little over 60 percent of agricultural households reported to have received maximum income from sources other than agricultural activities. Which of the statements given above is/are correct?

Which one of the following best describes the term “Merchant Discount Rate” sometimes seen in news ?

With reference to India’s decision to levy an equalization tax of 6% on online advertisement services offered by non-resident entities, which of the following statements is/are correct? 1. It is introduced as a part of the Income Tax Act. 2. Non-resident entities that offer advertisement services in India can claim a tax credit in their home country under the “Double Taxation Avoidance Agreements”. Select the correct answer using the code given below:

Consider the following statements 1. The Fiscal Responsibility and Budget Management (FRBM) Review Committee Report has recommended a debt to GDP ratio of 60% for the general (combined) government by 2023, comprising 40% for the Central Government and 20% for the State Governments. 2. The Central Government has domestic liabilities of 21% of GDP as compared to that of war of GDP of the State 2 Governments. 3. As per the Constitution of India, it is mandatory for a State to take the Central Government’s consent for raising any loan if the former owes any outstanding liabilities to the latter. Which of the statements given above is/are correct?

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 a special case. Which of two statements given above is/are correct

Which one of the following links all the ATMs in India ?

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

Consider the following statements: 1. In India, State Governments do not have the power to auction non-coal mines. 2. Andhra Pradesh and Jharkhand do not have gold mines. 3. Rajasthan has iron ore mines. Which of the statements given above is/are correct?

With reference to digital payments, consider the following statements: 1. BHIM app allows the user to transfer money to anyone with a UPI-enabled bank account. 2. While a chip-pin debit card has four factors of authentication, BHIM app has only two factors of authentication. Which of the statements given above is/are correct?

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 enables 1. 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

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 offer are issued at a discount from the par value. Which of the statements given above is/are correct?

With reference to solar power production in India, consider the following statements: 1. India is the third largest in the world in the manufacture of silicon wafers used in photovoltaic units. 2. The solar power tariffs are determined by the Solar Energy Corporation of India. Which of the statements given above is/are correct?

Consider the following: 1. Areca nut 2. Barley 3. Coffee 4. Finger millet 5. Groundnut 6. Sesamum 7. Turmeric The Cabinet Committee on Economic Affair, has announced the Minimum Support Price for which of the above?

With reference to the governance of public sector banking in India, consider the following statements 1. Capital infusion into public sector banks by the Government of India has steadily increased in the last decade 2. To put the public sector banks in order, the merger of associate banks with the parent State Bank of India has been affected. Which of the statements given above is/are correct ?

Consider the following items: 1. Cereal grains hulled 2. Chicken eggs cooked 3. Fish processed and canned 4. Newspapers containing advertising material Which of the above items is/are exempted under GST (Goods and Services Tax)?

Which of the following gives ‘Gloabal Gender Gap Index’ ranking to the countries of the world?

Which of the following statements is/are correct regarding the Monetary Policy Committee? 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 function under the Chairmanship of the Union Finance Minister. Select the correct answer using the codes given below.

With reference to the ‘Prohibition of Benami Property Transaction Act, 1988 (PBPT Act)’, consider the following statements : 1. A property transaction is no treated as a benami transaction if the owner of the property is not aware of the transaction. 2. Properties held benami are liable for confiscation by the Government 3. The act provides for three authorities for investigations but does not provide for any appellate mechanism Which of the statements given above is/are correct?

The term ‘Domestic Content Requirement’ is sometimes seen in the news with reference to

Who among the following can join the National Pension System (NPS)?

Consider the following statements: 1. The Standard Mark of Bureau of Indian Standards (BIS) is mandatory for automotive tires and tubes. 2. AGMARK is a quality Certification Mark issued by the Food and Agricultural Organisation (FAO). Which of the statements given above is/are correct?

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 ‘Quality Council of India (QCI)’, consider the following statements: 1. QCI was set up jointly by the Government of India and the India Industry. 2. Chairman of QCI is appointed by the Prime Minister on the recommendations of the industry to the Government. Which of the above statements is/are correct?

What is the purpose of setting up of Small Finance Banks (SFBs) in India? 1. To supply credit to small business units. 2. To supply credit to small and marginal farmers. 3. To encourage young entrepreneurs to set up business particularly in rural areas. Select the correct answer using the code given below:

Which of the following is a most likely consequence of implementing the ‘United Payments Interface [UPI]?

With reference to ‘National Investment and Infrastructure Fund’, which of the following statements is/are correct? 1. It is an organ of NITI Aayog. 2. It has a corpus of Rs 4,00,000 crore at present. Select the correct answer using the code given below:

The Global Infrastructure Facility is a/an

Which of the following statements best describes the- term ‘Scheme for Sustainable Structuring of Stressed Assets (S4A)’, recently seen in the news?

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:

Consider the following statements: 1. National Payments Corporation of India (NPCI) helps in promoting the financial inclusion in the country. 2. NCPI has launched RuPay, a card Payment scheme. Which of the statements given above is/are correct?

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?

1. promote entrepreneurship among SC/ST and women entrepreneurs. 2. It provides for refinance through SIDBI.

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.

List of ingredients including additives 2. Nutrition information 3. Recommendations, if any, made by the medical profession about the possibility of any allergic reactions 4. Vegetarian/non-vegetarian

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.

1. This initiative aims to demonstrate the improved production and post-harvest technologies, and to demonstrate value addition techniques, in an integrated manner, with cluster approach. 2. Poor, small, marginal and tribal farmers have larger stake in this scheme. 3. An important objective of the scheme is to encourage farmers of commercial crops to shift to millet cultivation by offering them free kits of critical inputs of nutrients and microirrigation equipment.

1. It is an organ of NITI Aayog. 2. It is headed by the Union Finance Minister. 3. It monitors macro prudential supervision of the economy. Which of the statements given above is/are correct?

1. Promoting mineral exploration activities in mineral-rich districts 2. Protecting the interests of the persons affected by mining operations 3. Authorizing State Governments to issue licences for mineral exploration

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.

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

1. Cambay Basin 2. Cauvery Basin 3. Krishna-Godavari Basin

1. It is a minimum guaranteed pension scheme mainly targeted at unorganized sector workers. 2. Only one member of a family can join the scheme. 3. Same amount of pension is guaranteed for the spouse for life after subscriber’s death.

1. Ceiling fans 2. Electric geysers 3. Tubular fluorescent lamps

1. Undernourishment 2. Child stunting 3. Child mortality

1. Reducing revenue expenditure 2. Introducing new welfare schemes 3. Rationalizing subsidies 4. Reducing import duty

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.

1. The International Finance Corporation, which offers these bonds, is an arm of the World Bank. 2. They are the rupee-denominated bonds and are a source of debt financing for the public and private sector.

1. Expenditure on acquisition of assets like roads, buildings, machinery, etc. 2. Loans received from foreign governments 3. Loans and advances granted to the States and Union Territories

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?

1. Under this scheme, farmers will have to pay a uniform premium of two percent for any crop they cultivate in any season of the year. 2. This scheme covers post-harvest losses arising out of cyclones and unseasonal rains. Which of the statements given above is/are correct?

“Pradhan Mantri Jan-Dhan Yojna’ has been launched for

With reference to the Fourteenth Finance Commission, which of the following statements is/are correct?

A decrease in tax to GDP ratio of a country indicates which of the following?

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

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

Which of the following brings out the ‘Consumer Price Index Number for Industrial Workers?

Convertibility of rupee implies

The Government of India has established NITI Aayog to replace the

In India, the steel production industry requires the import of

Consider the following statements:

‘Basel III Accord’ or simply ‘Basel III’, often seen in the news, seeks to

With reference to Indian economy, consider the following statements:

With reference to Indian economy, consider the following:

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?

With reference to the Indian Renewable Energy Development Agency Limited (IREDA), which of the following statements is/are correct?

In the context of food and nutritional security of India, enhancing the ‘Seed Replacement Rates’ of various crops helps in achieving the food production targets of the future. But what is/are the constraint/ constraints in its wider / greater implementation? 1. There is no National Seeds Policy in place. 2. There is no participation of private sector seed companies in the supply of quality seeds of vegetables and planting materials of horticultural crops. 3. There is a demand-supply gap regarding quality seeds in case of low value and high volume crops.

Which of the following organizations brings out the publication known as ‘World Economic Outlook’?

With reference to Union Budget, which of the following is/are covered under Non-Plan Expenditure? 1. Defence -expenditure 2. Interest payments 3. Salaries and pensions 4. Subsidies

Which of the following are associated with ‘Planning’ in India? 1. The Finance Commission 2. The National Development Council 3. The Union Ministry of Rural Development 4. The Union Ministry of Urban Development 5. The Parliament

The sales tax you pay while purchasing a toothpaste is a

What does venture capital mean?

The main objective of the 12th Five-Year Plan is

With reference to Balance of Payments, which of the following constitutes/constitute the Current Account? 1. Balance of trade 2. Foreign assets 3. Balance of invisibles 4. Special Drawing Right

The terms ‘Marginal Standing Facility Rate’ and ‘Net Demand and Time Liabilities’, sometimes appearing in news, are used in relation to

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 subsidies and social security benefits in their villages. 2. It enables the beneficiaries in the rural areas to make deposits and withdrawals.

In the context of Indian economy; which of the following is/are the purpose/purposes of ‘Statutory Reserve Requirements’? 1. To enable the Central Bank to control the amount of advances the banks can create 2. To make the people’s deposits with banks safe and liquid 3. To prevent the commercial banks from making excessive profits 4. To force the banks to have sufficient vault cash to meet their day-to-day requirements

In India, cluster bean (Guar) is traditionally used as a vegetable or animal feed, but recently the cultivation of this has assumed significance. Which one of the following statements is correct in this context?

If the interest rate is decreased in an economy, it will

The balance of payments of a country is a systematic record of

The Reserve Bank of India regulates the commercial banks in matters of 1\. liquidity of assets 2\. branch expansion 3\. merger of banks 4\. winding-up of banks Select the correct answer using the codes given below.

An increase in the Bank Rate generally indicates that the

In India, deficit financing is used for raising resources for

Which of the following constitute Capital Account? 1\. Foreign Loans 2\. Foreign Direct Investment 3\. Private Remittances 4\. Portfolio Investment Select the correct answer using the codes given below.

Consider the following statements : 1\. Inflation benefits the debtors. 2\. Inflation benefits the bond-holders. Which of the statements given above is/are correct?

Disguised unemployment generally means

Consider the following liquid assets: 1.Demand deposits with the banks 2.Time deposits with the banks 3.Savings deposits with the banks 4.Currency The correct sequence of these decreasing order of Liquidity is

In the context of Indian economy,Open Market Operations’ refers to

Priority Sector Lending by banks in India constitutes the lending to

Which one among the following industries is the maximum consumer of water in India?

To obtain full benefits of demographic dividend, what should India do?

A rise in general level of prices may be caused by 1. an increase in the money supply 2. a decrease in the aggregate level of output 3. an increase in the effective demand Select the correct answer using the codes given below.

Which one of the following groups of items is included in India’s foreign-exchange reserves?

Which one of the following is likely to be the most inflationary in its effect?

Supply of money remammg the same when there is an increase in demand for money, there will be

Economic growth in country X will necessarily have to occur if

Who among the following constitute the National Development Council? 1\. The Prime Minister 2\. The Chairman, Finance Commission 3\. Ministers of the Union Cabinet 4\. Chief Ministers of the States Select the correct answer using the codes given below:

The national income of a country for a given period is equal to the

Which of the following grants/ grant direct credit assistance to rural households ? 1\. Regional Rural Banks 2\. National Bank for Agriculture and Rural Development 3\. Land Development Banks Select the correct anser using the codes given below:

Which of the following would include Foreign Direct Investment on India? 1. Subsidiaries of foreign companies in India 2. Majority foreign equity holding in Indian companies 3. Companies exclusively financed by foreign companies 4. Portfolio investment **Select the correct answer using the codes given below:**

The Reserve Bank of India (RBI) acts as a bankers’ bank. This would imply which of the following? 1 Other bank retains their deposits with the RBI. 2 The RBI lends funds to the commercial banks in times of need. 3 The RBI advises the commercial banks on monetary matters.

Under which of the following circumstances may ‘capital gains ‘arise? 1\. when there is an increase in the sales of a product 2 .when there is a natural increase in the value of the property owned. 3\. when you purchase a painting and there is a growth in its value due to increase in its popularity. **Select the correct answer using the codes given below:**

Which of the following measures would result in an increase in the money supply in the economy? 1\. Purchase of govt securities from the public by the central bank 2\. Deposit of currency in commercial banks by the public 3 .borrowing by the govt. from the central bank 4 .Sale of govt. secs. To the public by the central bank **Select the correct answer using the codes given below:**

Which of the following would include Foreign Direct Investment on India? 1. Subsidiaries of foreign companies in India 2. Majority foreign equity holding in Indian companies 3. Companies exclusively financed by foreign companies 4. Portfolio investment Select the correct answer using the codes given below:

Consider the following statement: **The price of any currency in international market is decided by the** 1. World Bank 2. Demand for goods/services provided by the country concerned 3. Stability of the government of the concerned country 4. Economic potential of the country in question. **Select the correct answer using the codes given below:**

The basic aim of Lead Bank Scheme is that

Despite having large reserves of coal, why does India import millions of tonnes of coal? 1\. It is the policy of India to save its own coal reserves for future and import it from other countries for the present use. 2 most of the power plants in India are coal based and they are not able to get sufficient applies of coal from within the country? 3\. Steel companies need large quantity of coking coal which has to be imported

Recently there has been a concern over the short supply of a group of elements called rare earth metals. Why? 1\. China, which is the largest producer of these elements, has imposed some restrictions on their export. 2 Other than china, Australia, Canada, Chile, these elements are not found in any country. 3 Rare earth metals are essential for the manufacture of various kinds of electronic items and there is growing demand for these elements. Select the correct answer using the codes given below:

How does the National Rural Livelihood Mission seek to improve Livelihood Mission seeks to improve livelihood options of rural poor? 1. By setting up a large number of new manufacturing industries and agribusiness centres in rural areas. 2. By strengthening ‘self-help groups’ and providing skills development 3. By supplying seeds, fertilizers, diesel pump-sets and micro-irrigation equipment free of cost of farmers. **Select the correct answer using the codes given below:**

The Multi-Dimensional Poverty Index developed by Oxford Poverty and Human Development Initiative with UNDP support covers which of the following? 1. Deprivation of education, health, assets and services at household level 2. Purchasing power parity at national level 3. Extent of budget deficit and GDP growth rate at national level **Select the correct answer using the codes given below:**

Which of the following is/are among the noticeable features of the recommendations of the Thirteenth Finance Commission? 1. A design for the Goods and Services package linked to adherence to the proposed design. 2. A design for the creation of lakhs of jobs in the next ten years in consonance with India’s demographic dividend 3. Devolution of a specific share of central taxes to local bodies as grants **Select the correct answer using the codes given below:**

What is/ are the recent policy initiative(s) of Government of India to promote the growth of manufacturing sector? 1. Setting up of National Investment and Manufacturing Zones 2. Providing the benefit of ‘single window clearance’ 3. Establishing the Technology Acquisition and Development Fund. **Select the correct answer using the codes given below:**

In India the overall Index of Industrial Production, the Indices of Eighth Core Industries have combined weight of 37.90%. Which of the following are among those Eight Core Industries? 1. Cement 2. Fertilizers 3. Natural Gas 4. Refinery products 5. Textiles **Select the correct answer using the codes given below:**

Why is the offering of “teaser loans” by commercial banks a cause of economic concern? 1. The teaser loans are considered to be an aspect of sub-prime lending and banks may be exposed to the risk of defaulters in future. 2. In India, the teaser loans are mostly given to inexperienced entrepreneurs to set up manufacturing or export units. Which of the statements given above is/are correct?

In the context of Indian economy, consider the following statements: 1. The growth rate of GDP has steadily increased in the last five years. 2. The growth rate in per capita income has steadily increased in the last five years. Which of the statements given above is/are correct?

In India, which of the following have the highest share in the disbursement of credit to agriculture and allied activities?

Which of the following can aid in furthering the Government’s objective of inclusive growth? 1. Promoting Self-Help Groups 2. Promoting Micro, Small and Medium Enterprises. 3. Implementing the Right to Education Act Select the correct answer using the codes given below:

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 disinvestment mainly to pay back the external debt. 2. The Government no longer intends to retain the management control of the CPSEs. Which of the statements given above is/are correct?

Economic growth is usually coupled with

The lowering of Bank Rate by the Reserve Bank of India leads to

In the Union Budget 2011-12, a full exemption from the basic customs duty was extended to the bio-based asphalt (bioashphalt). What is the importance of this material? 1. Unlike traditional asphalt, bio-asphalt is not based on fossil fuels. 2. Bioasphalt can be made from non-renewable resources. 3. Bioasphalt can be made from organic waste materials. 4. It is eco-friendly to use biosphalt for surfacing of the roads. Which of the statements given above are correct?

India has experienced persistent and high food inflation in the recent past. What could be the reasons? 1. Due to a gradual switchover to the cultivation of commercial crops, the area under the cultivation of food grains has steadily decreased in the last five years by about 30%. 2. As a consequence of increasing incomes, the consumption patterns of the people have undergone a significant change. 3. The food supply chain has structural constraints. Which of the statements given above are correct?

In terms of economy, the visit by foreign nationals to witness the XIX common Wealth Games in India amounted to

Which one of the following statements appropriately describes the “fiscal stimulus”?

Consider the following actions which the government can take: 1. Devaluing the domestic currency. 2. Reduction in the export subsidy. 3. Adopting suitable policies which attract greater FDI and more funds from FIIs. Which of the above action/actions can help in reducing the current account deficit?

A rapid increase in the rate of inflation is sometimes attributed to the “base effect”. What is “base effect”?

India is regarded as a country with “Demographic Dividend”. This is due to

In the context of global oil prices, “Brent crude oil” is frequently referred to in the news. What does this term imply? 1. It is a major classification of crude oil 2. Its is sourced from North Sea. 3. It does not contain sulphur. Which of the statements given above is/are correct?

With what purpose is the Government of India promoting the concept of “Mega Food Parks”? 1. To provide good infrastructure facilities for the food processing industry. 2. To increase the processing of perishable items and reduce wastage. 3. To provide emerging and eco-friendly food processing technologies to entrepreneurs. Select the correct answer using the codes given below:

Microfinance is the provision of financial services to people of low-income goups. This includes both the consumers and the self-employed. The service/services rendered under micro-finance is/are: 1. Credit facilities 2. Savings facilities 3. Insurance facilities 4. Fund Transfer facilities Select the correct answer using the codes given below the lists:

Regarding the International Monetary Fund, which one of the following statements is correct?

Which one of the following is not a feature of “Value Added Tax”?

A “closed economy” is an economy in which

Both Foreign Direct Investment (FDI) and Foreign Institutional Investor (FII) are related to investment in a country. Which one of the following statements best represents an important difference between the two?