Q.2·Economy·EasyConsider the following statements: 1. The value of Indo-Sri Lanka trade has consistently increased in the last decade. 2. "Textile and textile articles" constitute an important item of trade between India and Bangladesh. 3. In the last five years, Nepal has been the largest trading partner of India in South Asia. Which of the statements given above is/are correct?View question
Q.4·Economy·EasyLearning Poverty is identified as the leading cause for levels of Human Capital Formation across the world. Which of the following statements is/are correct about Learning Poverty? 1. It reflects the inability of 10 year old children to read and understand a simple text. 2. The Right to Education Act, 2009 will help reduce learning poverty in India. Select the correct answer using the code given below:View question
Q.5·Economy·EasyConsider 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?View question
Q.6·Economy·EasyConsider 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?View question
Q.7·Economy·EasyConsider 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?View question
Q.8·Economy·EasyIncrease in absolute and per capita real GNP do not connote a higher level of economic development, ifView question
Q.10·Economy·EasyConsider the following statements regarding optimum tariff: 1. For a small economy which cannot affect world prices in the markets in which it trades, the optimum tariff is zero. 2. For a country with monopsony power in import markets, the optimum tariff is positive. Which of the statements given above is/are correct?View question
Q.11·Economy·EasyIf 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:View question
Q.12·Economy·EasyConsider the following statements: 1. Petroleum and Natural Gas Regulatory Board (PNGRB) is the first regulatory body set up by the Government of India. 2. One of the tasks of PNGRB is to ensure competitive markets for gas. 3. Appeals against the decisions of PNGRB go before the Appellate Tribunals for Electricity. Which of the statements given above are correct?View question
Q.13·Economy·EasyIf 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 beView question
Q.14·Economy·EasyConsider the following statements regarding the Rangarajan Committee: 1. The Rangarajan Committee estimation is based on an independent large survey of households by the Centre for Monitoring Indian Economy (CMIE). 2. According to the report of the Committee, the new poverty line should be Rs. 100 in rural areas and Rs. 165 in urban areas. Which of the statements given above is/are correct?View question
Q.15·Economy·EasyWhich among the following statements can be considered as the best argument to promote human development in a country?View question
Q.16·Economy·EasyWhich of the following is/are the common feature(s) of developing countries? 1. Low rate of growth of population 2. Low rate of capital formation 3. Low social indicators of development Select the correct answer using the code given below:View question
Q.17·Economy·EasyConsider 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 Agricultural Credit Societies. Which of the statements given above is/are correct?View question
Q.18·Economy·EasyConsider the following pairs of Sustainable Development Goals and government programmes in India: 1. SDG 2 – Poshan Abhiyan 2. SDG 3 - Beti Bachao Beti Padhao 3. SGD 6 – Green India Mission 4. SDG 11 - AMRUT (Atal Mission for Rejuvenation and Urban Transformation) Which of the pairs given above are correctly matched?View question