Q.20·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.21·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.22·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.23·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.24·Economy·EasyWith reference to Pradhan Mantri Kaushal Vikas Yojana, consider the following statements : 1. It is the flagship scheme of the Ministry of Labour and Employment. 2. It, among other things, will also impart training in soft skills, entrepreneurship, financial and digital literacy. 3. It aims to align the competencies of the unregulated workforce of the country to the National Skill Qualification Framework. Which of the statements given above is/ are correct ?View question
Q.25·Economy·EasyWhich among the following statements can be considered as the best argument to promote human development in a country?View question
Q.26·Economy·EasyWith reference to the Indian economy, consider the following statements: 1. 'Commercial Paper' is a short-term unsecured promissory note. 2. 'Certificate of Deposit' is a long-term instrument issued by the Reserve Bank of India to a corporation. 3. 'Call Money’ is a short-term finance used for interbank transactions. 4. 'Zero-Coupon Bonds' are the interest-bearing short-term bonds issued by the Scheduled Commercial Banks to corporations. Which of the statements given above is/are correct?View question
Q.27·Economy·EasyConsider the following statements about the recommendations of the Narasimham Committee: 1. It recommended to dilute government equity in the nationalized banks to 23 per cent. 2. It has also suggested that the Reserve Bank of India (RBI) nominees on the bank boards step down. Which of the statements given above is/are correct?View question
Q.28·Economy·EasyDespite being a high saving economy, capital formation may not result in significant increase in output due toView question
Q.29·Economy·EasyWhich of the following qualitative measures is/are used to measure economic development? 1. Human Development Index 2. Gender- related Index 3. Human Poverty Index Select the correct answer using the code given below:View question
Q.30·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.31·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
Q.32·Economy·EasyWhich of the following statements is/are correct? 1. Demographic dividend is the growth potential that results from shifts in a population’s age structure. 2. India’s working-age population has grown larger than the dependant population. Select the correct answer using the code given below:View question
Q.33·Economy·EasyWhich one of the following best describes the term "Merchant Discount Rate" sometimes seen in news ?View question
Q.34·Economy·EasyWith 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 ?View question
Q.35·Economy·EasyConsider 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?View question
Q.36·Economy·EasyWith reference to the Central Road and Infrastructure Fund (CRIF), which of the following statements is/are correct? 1. The CRIF is basically a cess, imposed along with the excise duty on petrol and diesel. 2. The proceeds of this Fund can be used only for the construction of national highways. 3. This Fund comes under the Ministry of Road Transport and Highways. Select the correct answer using the code given below:View question