DNS Economy Bits

D N S MCQs
INDIAN ECONOMY AND ECONOMIC DEVELOPMENT
Q1) Consider the following statements: (d) Neither 1 nor 2

1. Urban Co-operative Banks are
regulated only by Reserve Bank of Q4) A rapid increase in rate of inflation is
India. sometimes attributed to the 'base effect'.
2. Small Finance Banks are regulated What is 'base effect'?
only by Reserve bank of India. (a) It is the impact of drastic
3. Small Finance Banks supply credit deficiency in supply due to failure
to small business units of crops
Which of the statements give above (b) It is the impact of the surge in
is/are correct? demand due to rapid economic
growth
(a) 1 and 2
(c) It is the impact of the price levels
(b) 2 and 3
of previous year on the calculation
(c) 1 and 3
of inflation rate
(d) 1, 2 and 3
(d) None of the statements (a), (b) and
(c) given above is correct in the
Q2) AISAM, which has been recently in context
news, has which of the following
objectives?
Q5) Which of the following statement/s on
(a) It is a mechanism to discuss
Bharat-22 ETF is/are correct?
disinvestment alternatives of Air
India 1. Bharat-22 is an ETF consisting of
(b) It is a pan Indian students' body shares of 22 Public Sector
for the conduct of timely elections companies that have been
in colleges/universities accorded the status of
(c) It is a mechanism to discuss the "Maharatna" companies
problems of tobacco growers 2. This ETF is managed by State
(d) It is a body to regulate trade Bank of India to ensure their
between India and other SAARC disinvestment
countries Select the correct answer from the
codes given below:
Q3) Consider the following statements: (a) 1 only
1. Prime Minister is the Ex-Officio (b) 2 only
Chairperson of the Monetary Policy (c) Both 1 and 2
Committee. (d) Neither 1 nor 2
2. The current mandate of the
committee is to maintain 4% Q6) The "Generalized System of preferences"
annual inflation until March 31, is related to which of the following
2021. organisations?
Which of the above statement(s) is/are (a) UNEP
CORRECT? (b) UNHRC
(c) WTO
(a) 1 only
(d) UNESCO
(b) 2 only
(c) Both 1 and 2
1
RAU’S IAS DNS QUESTIONS| INDIAN ECONOMY AND ECONOMIC DEVELOPMENT
Q7) Which of the following is/are correctly reduces the value of its currency
matched? vis-a-vis other currencies.
1. Cash Reserve Ratio - Banks need 2. Depreciation is a decrease in the
to hold some portion of their currency's value due to market
deposits in cash with the RBI forces
2. Statutory Liquidity Ratio - Banks 3. Devaluation is intended for
have to maintain certain portion of boosting exports and to reduce the
their deposits with themselves trade deficit.
Select the correct answer from the Which of the statements given above
codes given below: is/are correct?
(a) 1 only (a) 1 only
(b) 2 only (b) 2 only
(c) Both 1 and 2 (c) 2 and 3
(d) Neither 1 nor 2 (d) 1, 2 and 3
Q8) Sunil Mehta Committee can be related Q12) Which of the following situations best
to which of the following? describes "jobless growth"?
(a) Disinvestment of Air India (a) Low economic growth with low rate
(b) Privatization of Indian Railway of unemployment
(c) Lateral Entry to Bureaucracy (b) Low economic growth with high
(d) Addressing issues of stressed rate of unemployment
assets in public sector banks (c) High economic growth with high
rate of unemployment
Q9) Which of the following institution (d) High economic growth with low
publishes the 'World Economic rate of unemployment
Outlook'?
(a) World Bank Q13) Which of the following accounts for the
(b) WTO depreciation of Turkey's currency?
(c) World Economic Forum 1. High current Account Deficit
(d) IMF 2. Low inflation
3. Higher interest rates in USA
Q10) Which of the following have been kept Select the correct answer using the code
beyond the preview of Goods and given below:
services Tax?
(a) 1 and 2
1. Crude Oil (b) 1 and 3
2. Natural Gas (c) 2 and 3
3. Handicraft items (d) 1, 2 and 3
Select the correct answer using the code
given below: Q14) With reference to Cess, Consider the
(a) 1 and 2 following statements:
(b) 2 only 1. Cess can be utilized by the central
(c) 2 and 3 government for fulfilling any socio-
(d) 3 only economic obligation.
2. The amount collected under Cess
Q11) Consider the following statements: is distributable between centre
1. Devaluation of currency takes and states
place when the central Bank Which of the above statements is/are
correct?
2
(a) 1 only Which of the statements given above
(b) 2 only is/are correct/
(c) Both 1 and 2 (a) 1 only
(d) Neither 1 nor 2 (b) 2 only
(c) Both 1 and 2
Q15) Which of the following statements about (d) Neither 1 nor 2
Payments Banks is/are correct?
1. It aims to promote Financial Q18) Which of the following are tools of
Inclusion Monetary policy in India?
2. It provides acceptance of demand 1. Open Market operations
deposits 2. Repo rate
3. It provides remittance services 3. Annual Financial Statement
Select the correct answer using the code Select the correct answer using the code
given below: given below:
(a) 1 and 2 (a) 1 only
(b) 2 only (b) 1 and 2 only
(c) 1 only (c) 2 and 3 only
(d) 1, 2 and 3 (d) 1, 2 and 3
Q16) Which among the following are the Q19) Consider the following statements
components of PM-AASHA, which was related to National Digital
recently announced by the Communications Policy 2018;
Government? 1. It seeks to provide broadband
1. Price support System (PSS) connectivity for all by the end of
2. Price Deficiency Payment System 2022
(PDPS) 2. It seeks to establish National
3. Private Procurement and Stockist Digital Grid
Scheme Which of the statements given above
Select the correct answer using the code is/are correct/
given below: (a) 1 only
(a) 1 and 2 (b) 2 only
(b) 2 and 3 (c) Both 1 and 2
(c) 1 and 3 (d) Neither 1 nor 2
(d) 1, 2 and 3
Q20) Consider the following statements
Q17) Consider the following statements related to the Small Savings Scheme:
related to multidimensional Poverty 1. The deposits under the scheme is
Index (MPI); credited to the National Small
1. The MPI measures multiple Savings Fund which is part of
deprivations suffered by consolidated fund of India.
individuals in terms of education, 2. The government revises the
health and Standard of Living. interest rate under the scheme
2. The MPI uses 10 indicators and every quarter.
those found to face deprivations in Which of the statements given above
at least one-fourth of the MPI's is/are correct?
indicators are multidimensional (a) 1 only
poor. (b) 2 only
(c) Both 1 and 2
3
(d) Neither 1 nor 2 Q24) Which of the following criteria is used
for calculating Human Capital index?
Q21) Consider the following statements 1. Expected years of Quality adjusted
relating to Liquidity Coverage Ratio: schooling
1. It has been introduced under the 2. Life expectancy at birth
BASEL III guidelines. 3. Per capita income
2. Under LCR, the banks are required Select the correct answer using the code
to maintain High Quality Liquid given below:
Assets (HQLA) to enable them to (a) 1 only
withstand total Net cash outflows (b) 1 and 2
for 30 days. (c) 2 and 3
Which of the above statements is/are (d) 1, 2 and 3
correct?
(a) 1 only Q25) Which among the following are
(b) 2 only considered to be the part of Twin Deficit
(c) Both 1 and 2 in India:
(d) Neither 1 nor 2 1. Revenue Deficit
2. Fiscal Deficit
Q22) Consider the following statements: 3. Current Account Deficit
1. United States of America has 4. Primary Deficit
increased its production of oil in
the last few years.
given below:
2. India has increased its
(a) 1 and 2 only
consumption of oil in the last few
(b) 2 and 3 only
years.
(c) 1 and 3 only
Which of the statements given above (d) 2 and 4 only
is/are correct?
(a) 1 only
Q26) Consider the following statements:
(b) 2 only
1. Rupee depreciation is expected to
(c) Both 1 and 2
aid profit of Indian exporters.
(d) Neither 1 nor 2
2. Commodities exported to countries
with duty free imports aids both
Q23) Consider the following statements on
the exporter and importer
Feminization of Agriculture:
company respectively.
1. It is mainly being caused due to
Which of the statements given above
migration of men from rural to
is/are correct?
urban areas
(a) 1 only
2. It has drastically improved the
(b) 2 only
agricultural land ownership among
(c) Both 1 and 2
rural women
(d) Neither 1 nor 2
is/are correct?
Q27) The Multidimensional Poverty Index
(a) 1 only
developed by Oxford Poverty and
(b) 2 only
Human Development Initiative with
(c) Both 1 and 2
UNDP support covers which of the
(d) Neither 1 nor 2
following:
4
1. Deprivation of education, health, (a) 1 only
assets and services at household (b) 1 and 2 only
level. (c) 2 and 3 only
2. Purchasing power parity at (d) 1, 2 and 3
national level.
3. Extent of budget deficit and GDP Q30) Consider the following statements
growth rate at national level. related to National Register on
Select the correct answer using the Antiquities:
codes given below: 1. It is provided under the National
(a) 1 only Mission on Monuments and
(b) 2 and 3 only Antiquities( NMMA).
(c) 1 and 3 only 2. The Ministry of Culture is the
(d) 1, 2 and 3 nodal implementation agency.
Q28) Consider the following statements is/are correct?
related to Generalized System of (a) 1 only
Preferences (GSP) adopted by US: (b) 2 only
1. It allows duty free import of certain (c) Both 1 and 2
goods into US economy in order to (d) Neither 1 nor 2
promote economic growth in poor
and developing economies. Q31) Consider the following statements with
2. The products imported by US regards to SWIFT:
under GSP constitute major chunk 1. It facilitates global financial
of its imports. transactions
3. The GSP is considered to be an 2. It is an organ of the International
exception to Most Favoured Nation Monetary Fund
(MFN) Principle. Which of the statements given above
Which of the statements given above is/are correct?
is/are correct? (a) 1 only
(a) 1 and 2 only (b) 2 only
(b) 2 and 3 only (c) Both 1 and 2
(c) 1 and 3 only (d) Neither 1 nor 2
(d) 1, 2 and 3
Q32) What is/are the recent policy
Q29) Consider the following statements initiative(s) of Government of India to
related to NRI Deposits: promote the growth of the MSME
1. The Non-Resident (External) sector?
account can be opened by the 1. Loan interest subvention
NRIs for transferring income 2. Compulsory procurement from
earned in other countries to India. PSUs
2. The Non-Resident (Ordinary) 3. Formation of an Government e-
account can be opened by the Marketplace
NRIs to transfer income earned in
Select the correct answer from using the
India into the account.
codes given below:
3. The FCNR account can be both
(a) 1 only
savings account and fixed deposit
(b) 2 and 3 only
account.
(c) 1 and 3 only
Which of the statements given above (d) 1, 2 and 3
is/are correct?
5
Q33) With reference to credit enhancement, 1. It consists of a maximum number
consider the following: of 10 directors.
1. It enables the entities such as 2. It is headed by RBI Governor.
banks to act as guarantors for the 3. It exercises general
bonds issued by the companies. superintendence over the affairs of
2. It leads to improvement in the the RBI and formulates monetary
credit rating of a bond. policy
Which of the above statements is/are Select the correct answer using the code
correct? given below:
(c) Both 1 and 2 (c) 2 only
(d) Neither 1 nor 2 (d) 2 and 3 only
Q34) Consider the following statements about Q37) With reference to Monetary Policy
National Payment Corporation of India Committee (MPC), consider the following
(NPCI): statements:
1. It is incorporated as “Not for Profit” 1. The RBI Governor can exercise a
Company. casting vote in case of a tie during
2. National Financial Switch (NFS) voting.
and Cheque Truncation System 2. The MPC is expected to maintain
(CTS) are the flagship products of WPI rate of inflation of 4%
NPCI. Which of the statements given above
(a) 1 only (b) 2 only
(b) 2 only (c) Both 1 and 2
(c) Both 1 and 2 (d) Neither 1 nor 2
(d) Neither 1 nor 2
Q38) With reference to Ease of Doing
Q35) Which among the following constitutes Business Index 2019 released by World
the assets and reserves of RBI? Bank, consider the following
1. Bullion statements:
2. Foreign Currency Assets 1. It takes into account 10 indicators
3. Government Bonds for calculation of index.
4. Loans and Advances 2. It takes into account the business
regulations in all the metropolitan
cities for the calculation of the
given below:
Index.
(a) 2 and 3 only
(b) 1, 3 and 4 only
is/are correct?
(c) 2 and 4 only
(d) 1, 2, 3 and 4 (a) 1 only
(b) 2 only
(c) Both 1 and 2
Q36) Which of the following statements
(d) Neither 1 nor 2
is/are correct regarding the Central
Board of Directors of the Reserve Bank
of India? Q39) With reference to Gini-Coefficient,
consider the following statements:
6
1. As Gini-Coefficient increases, the all Kharif crops and 1.5% for all
extent of equality in the country Rabi crops.
decreases. 2. Smart phones will be used to
2. A Gini-Coefficient of zero denotes capture and upload data of crop
perfect inequality and Gini- cutting to reduce the delays in
Coefficient of one denotes perfect claim payment to farmers.
equality. Select the correct answer using the code
Which of the statements given above given below:
(d) Neither 1 nor 2
Q43) Consider the following statements about
Q40) Which of the following statements about Goods and Service Tax Council (GST
Commercial Papers is/are correct? Council):
1. It is an unsecured long term loans. 1. It is headed by the Prime Minister.
2. It is issued by RBI. 2. It shall make recommendations to
3. It is issued for a period of more the Union and the States on issues
than 7 years. of the taxes, cesses and
Select the correct answer using the code surcharges levied by the Union,
given below: the States and the local bodies
which may be subsumed in the
(a) 1 and 3 only
goods and services tax
(b) 2 only
(c) 1, 2 and 3 Which of the statements given above
(d) None of the Above is/are correct?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
India’s Strategic Petroleum Reserves:
(d) Neither 1 nor 2
1. Construction of crude oil storage
facility is managed by Indian Oil
Corporation. Q44) NITI Aayog has launched an index to
rank States and Union Territories on
2. Crude oil storage is constructed in
ease of doing agribusiness as well as
underground caverns.
opportunities for farmers. These states
3. These rock caverns are located in
will be ranked on which of the following
Central India only.
parameters?
1. Agriculture Market Reforms
is/are correct?
2. Land Lease Reforms
(a) 1 only
3. Reforms related to forestry on
(b) 2 only
private land
(c) 3 only
(d) 1 and 3 only Select the correct answer using the code
given below:
(a) 1 only
Q42) Which of the following about Pradhan
(b) 1 and 2 only
Mantri Fasal Bima Yojana is/are
(c) 1 and 3 only
correct?
(d) 1, 2 and 3
1. There is a uniform premium of
only 2% to be paid by farmers for
7
Q45) Consider the following statements on donate money to political parties
Credit Rating Agencies: up to Rs. 2,000 only
1. They are regulated by Securities 2. They can be bought using digital
and Exchange Board of India payments or cheques from any of
(SEBI). the designated banks.
2. In India, normally the issuer pays 3. The money can be donated to only
for the credit rating. recognised National Parties in
Which of the statements given above India.
is/are correct? Which of the statements given above
(a) 1 only is/are correct?
(b) 2 only (a) 1 and 2 only
(c) Both 1 and 2 (b) 2 and 3 only
(d) Neither 1 nor 2 (c) 2 only
(d) 1, 2 and 3
Q46) Which of the following are the objectives
of National Nutrition Mission? Q49) Consider the following statements about
1. To create awareness relating to Maternity Benefit Amendment Act,
malnutrition among pregnant 2017:
women and lactating mother. 1. It provides for paid maternity leave
2. To reduce the incidence of on adoption of child below the age
anaemia among young children, of 3 years.
adolescent girls and women. 2. The act is applicable to only those
3. To promote the consumption of establishments employing 100 or
millets, coarse cereals and more employees.
unpolished rice. Which of the statements given above
4. To promote the consumption of is/are correct?
poultry eggs. (a) 1 only
Select the correct answer using the code (b) 2 only
given below: (c) Both 1 and 2
(a) 1 and 2 only (d) Neither 1 nor 2
(b) 1, 2 and 3 only
(c) 1, 2 and 4 only Q50) India imports maximum crude oil from?
(d) 3 and 4 only (a) Iran
(b) Saudi Arabia
Q47) Which of the following best describes a (c) Iraq
Most favoured Nation status? (d) U.A.E
(a) Granting favours to a particular
country Q51) Consider the following statements:
(b) Discriminating countries on basis 1. Disinvestment in CPSE increases
of their revenue the expenditure capability of the
(c) Providing equal treatment to all Government of India
countries 2. The disinvestment proceeds form
(d) None of the above part of Capital Account under the
Union budget
Q48) With reference to Electoral Bonds, Which of the statements given above
consider the following statements: is/are correct?
1. These bonds can be bought by (a) 1 only
companies and individuals to (b) 2 only
8
(c) Both 1 and 2 (d) 1, 2 and 3
(d) Neither 1 nor 2
Q55) Which of the following statement/s on
Q52) Consider the following statements in Capital Conservation Buffer is/are
Composite Water Management Index: correct?
1. It is released by the NITI Aayog 1. It is to be implemented to avoid
2. It assesses the performance of the breach of minimum capital
States & Union Territories in water requirement
resource management 2. The buffer capital is meant to be
3. It includes parameters from the drawn down in stressed period for
field of agriculture a Bank
Select the correct answer from the Select the correct answer from the
codes given below: codes given below:
(b) 1 and 3 only (b) 2 only
(c) 2 and 3 only (c) Both 1 and 2
(d) 1, 2 and 3 (d) Neither 1 nor 2
Q53) Consider the following statements Q56) In the context of Global Oil Prices,
related to Capital Adequacy ratio (CAR): consider the following statements:
1. It has been laid down under the 1. Decline in oil production by OPEC
BASEL Norms. countries leads to decline in oil
2. It is based on the principle that prices
the banks have to keep aside 2. Decrease in Chinese economic
certain percentage of depositors' growth reduces prices
money in order to withstand losses 3. US production is minuscule to
arising from NPAs majorly impact global oil prices
3. It is calculated in terms of risk Which of the statements given above
weighted assets of the banks. is/are correct?
Which of the statements given above (a) 1 only
is/are correct? (b) 1 and 2 only
(a) 1 only (c) 2 only
(b) 1 and 2 only (d) 2 and 3 only
(c) 2 and 3 only
(d) 1 and 3 only Q57) The decline in the International Crude
oil prices would lead to which among
Q54) In the context of global Oil prices, 'Brent the following?
crude oil' is frequently referred to in the 1. Reduction in Twin Deficits of India
news. What does this term imply? 2. Depreciation in the value of Rupee
1. It is a major classification of Crude 3. Increase in the rate of Inflation.
oil. Select the correct answer using the code
2. It is sourced from the North Sea. given below:
3. It does not contain Sulphur. (a) 1 only
Which of the statement(s) given above (b) 1 and 2 only
is/are correct? (c) 2 and 3 only
(a) 2 only (d) 1, 2 and 3
(b) 1 and 2 only
(c) 1 and 3 only
9
Q58) Consider the following statements Q61) Pradhan Mantri Matru Vandana Yojana
related to Non-Performing Assets (PMMVY) can be associated with
(NPAs): (a) Education
1. The Net NPA of the bank is (b) Maternity Benefits
calculated by deducting the (c) Skill Development
provisioning amount from the (d) None of the above
Gross NPA.
2. The Slippage ratio of the bank Q62) Consider the following statements
takes into account the related to Securitization of Assets
accumulated NPAs of the bank. (Loans) by the NBFCs:
Which of the statements given above 1. The Securitization of Assets
is/are correct? involve pooling of the assets(loans)
(a) 1 only to be sold to the investors.
(b) 2 only 2. It enables redistribution of the risk
(c) Both 1 and 2 from the NBFCs to the investors.
(d) Neither 1 nor 2 Which of the statements given above
is/are correct?
1. The provisioning norms to be (b) 2 only
maintained by the banks depend (c) Both 1 and 2
upon the categories of NPAs (d) Neither 1 nor 2
2. The Net NPA does not take into
account the provisioning capital Q63) Consider the following statements
maintained by the Banks. related to Government Schemes:
Which of the statements given above 1. The Centrally sponsored schemes
is/are correct? are funded by both centre and
(a) 1 only states but implemented by the
(b) 2 only centre.
(c) Both 1 and 2 2. The Central sector schemes are
(d) Neither 1 nor 2 funded and implemented by the
Centre.
Q60) What can be said to be the possible Select the correct answer using the code
causes of rift between the Reserve Bank given below:
of India and Central Government? (a) 1 only
1. Transfer of Surplus Reserves (b) 2 only
2. Independent Payments Regulator (c) Both 1 and 2
Board (d) Neither 1 nor 2
3. Lifting of Prompt Corrective Action
Framework from Public Sector Q64) Which of the following best describes
Banks the term 'import cover', sometimes seen
Select the correct answer using the code in the news?
given below: (a) It is the ratio of value of imports to
the Gross Domestic Product of a
(a) 2 only
country
(b) 1 and 3 only
(b) It is the total value of imports of a
(c) 1 and 2 only
country in a year
(d) 1, 2 and 3
(c) It is the ratio between the value of
exports and that of imports
between two countries
10
(d) It is the number of months of (c) A method of crowd funding
imports that could be paid for by a (d) None of the above
country's international reserves
Q70) Which of the following statements
Q65) International Labour Organisation’s is/are correct regarding the Monetary
Convention 138 and 182 are related to Policy Committee (MPC) ?
(a) Child Labour 1. It decides the RBI's benchmark
(b) Adaptation of agricultural interest rates.
practices to global climate change 2. It is a 12-member body including
(c) Regulation of food prices and food the Governor of RBI and is
security reconstituted every year.
(d) Gender parity at the workplace
3. It functions under the
chairmanship of the Union
Q66) Global Wage Report is Published by Finance Minister.
which of the following organisation? Select the correct answer using the code
(a) World Trade Organisation given below
(b) UNCTAD
(a) 1 only
(c) World Economic Forum
(b) 1 and 2 only
(d) International Labour Organisation
(c) 3 only
(d) 2 and 3 only
1. The repo rate is the rate at which Q71) The terms 'Marginal Standing Facility
other banks borrow from the Rate' and 'Net Demand and Time
Reserve Bank of India Liabilities', sometimes appearing in
2. RBI's benchmark interest rates is news, are used in relation to
decided by the Monetary Policy (a) banking operations
Committee (b) communication networking
Which of the statements given above (c) military strategies
is/are correct? (d) supply and demand of agricultural
(a) 1 only products
(b) 2 only
(c) Both 1 and 2 Q72) In the context of Indian economy, which
(d) Neither 1 nor 2 of the following is/are the purpose/
purposes of 'Statutory Reserve
Q68) Which amongst the following sectors Requirements'?
received the maximum FDI in India for 1. To enable the Central Bank to
2017-18? control the amount of advances
(a) Communications sector the banks can create
(b) Manufacturing sector 2. To make the people's deposits with
(c) Retail sector banks safe and liquid
(d) Energy sector 3. To prevent the commercial banks
from making excessive profits
4. To force the banks to have
Q69) The term ‘Happy Seeder’ often seen in sufficient vault cash to meet their
the news, is in the context of which of day-to-day requirements
the following: Select the correct answer using the code
(a) Machine to clear stubble from the given below
field. (a) 1 only
(b) A technique of cloud seeding (b) 1 and 2 only
11
(c) 2 and 3 only Q77) Consider the following statements on
(d) 1, 2, 3 and 4 Asset Quality Review:
1. It was aimed to inspect ever-
Q73) Which among the following has the greening of loans
highest share in the agricultural exports 2. It was undertaken only for the
from India? public sector banks
(a) Marine Products 3. It led to an increase in NPA
(b) Rice classification of loans
(c) Wheat Which of the statements given above
(d) Tea is/are correct?
(a) 1 only
Q74) Consider the following statements (b) 2 only
related to the Agricultural Export Policy (c) 1 and 3 only
2018: (d) 1, 2 and 3
1. It aims to double the value of
agricultural exports by the end of Q78) Consider the following statements:
2022.
1. The Chief Economic Advisor
2. It aims to remove restrictions on prepares the Annual Financial
the export of processed Statement
agricultural commodities.
2. CEA is appointed by the Cabinet
Which of the statements given above Committee on Appointments
is/are correct?
Which of the statement/s given above
(b) 2 only
(a) 1 only
(c) Both 1 and 2
(b) 2 only
(d) Neither 1 nor 2
(c) Both 1 and 2
(d) Neither 1 nor 2
Q75) Which among the following indicators
are tracked under the Global Nutrition
Q79) M.S. Swaminathan Commission has
Report?
recommended that the Minimum
1. Childhood Stunting Support Price (MSP) for 23 major crops
2. Childhood wasting be set at
3. Childhood overweight (a) Two times the cost of production
4. Adult Obesity (b) One and half times the cost of
Select the correct answer using the code production
given below: (c) Thrice the cost of production
(d) Two and half times the cost of
(a) 1 and 2 only
production
(b) 2 and 3 only
(c) 1, 2 and 3 only
(d) 1,2,3 and 4 Q80) Which of the following can be attributed
as a reason of farm distress?
Q76) Echo Chamber Effect can be associated 1. Increasing fragmentation of land
with 2. Reduction in price of farm produce
(a) Civil Aviation 3. Increase in input cost including
(b) Social Media diesel
(c) Inflation 4. Demonetisation
(d) UNFCCC Select the correct answer using the code
given below:
12
(a) 2 and 4 only (c) both 1 and 2
(b) 1 and 3 only (d) neither 1 nor 2
(c) 1, 2 and 3 only
(d) 1, 2, 3 and 4 Q84) Consider the following statements
related to Headline and Core Inflation:
Q81) Consider the following statements: 1. The Headline inflation is more
1. The Global Burden of Disease broad based than Core Inflation.
Report is released by Institute of 2. Decline in Food and Fuel Prices
Health Metrics & Evaluation affects both Headline and Core
2. India's PM 2.5 measurement Inflation equally.
standards are at par with WHO Which of the statements given above
standards is/are correct?
3. Usage of solid fuel for cooking is (a) 1 only
leading cause of indoor pollution (b) 2 only
Which of the statements given above (c) Both 1 and 2
is/are correct? (d) Neither 1 nor 2
(a) 1 and 2 only
(b) 1 and 3 only Q85) Which among the following categories of
(c) 2 and 3 only Goods has the highest weightage under
(d) 1, 2 and 3 the Index of Industrial Production?
(a) Capital Goods
Q82) Which of the following parameters (b) Primary Goods
initiate Prompt Corrective Action from (c) Infrastructure Goods
the Reserve bank of India? (d) Consumer Durables
1. Capital to Risk Weighted Asset
Ratio Q86) Consider the following statements
2. Net-Non-Performing Assets related to Consumer Price Index (CPI):
3. Return-on-Assets 1. It takes into account the inflation
Select the correct answer using the code in both Goods and Services
given below: 2. The Fuel and Light Category under
(a) 1 only the CPI has the highest weightage.
(b) 2 and 3 only 3. The CPI-Rural does not account
(c) 2 only for inflation in Housing Category.
(d) 1, 2 and 3 Which of the statements given above
is/are correct?
1. Universal Health Coverage is a (b) 1 and 2 only
Sustainable development Goal to (c) 1 and 3 only
be achieved by 2030. (d) 2 and 3 only
2. Pradhan Mantri Jan Arogya Yojana
(PMJAY) provides a cover of up to Q87) Consider the following statements
Rs. 5 lakhs per family per year for related to Wholesale Price Index (WPI):
secondary and tertiary care 1. The WPI is calculated by Central
hospitalization. Statistical Organisation.
Which of the following stalemates is / 2. The WPI assigns highest weightage
are correct? to Food Category.
(a) 1 only 3. The WPI does not account for
(b) 2 only inflation in Services
13
Which of the statements given above such as company's balance sheet,
is/are correct? tax-related information etc.
(a) 1 only 2. The Setting of PCR would do away
(b) 2 only with the problem of "Adverse
(c) 3 only Selection" of borrowers.
(d) None of the above 3. It would improve the credit-GDP
ratio in India.
Q88) Pradhan Mantri Krishi Sinchayi Yojana Which of the statements given above
has been formulated by amalgamating is/are correct?
which of the following on-going (a) 1 and 3 only
schemes? (b) 1 and 2 only
1. Accelerated Irrigation Benefits (c) 2 and 3 only
programme (AIBP) (d) 1, 2 and 3
2. Integrated Watershed management
programme (IWMP) Q91) Which of the following can be said to be
3. On Farm water Management indicator/indicators of Fourth National
(OFWM) Family Health Survey?
Select the correct answer using the 1. Infant and Child Mortality Rate
code(s) given below: 2. Maternal and Child health
(a) 1 only 3. Nutritional Status of Adults
(b) 1 and 2 only 4. Women's empowerment and
(c) 2 and 3 only gender based violence
(d) 1, 2 and 3
given below:
Q89) Consider the following statements (a) 1, 2 and 3 only
related to collection of Credit (b) 2 and 4 only
Information in India: (c) 1 and 2 only
1. Presently, there are multiple (d) 1, 2, 3 and 4
agencies for the collection of credit
Information.
2. The Central Repository of
1. MSME enterprises are categorised
Information on large credits
on basis of their "Annual
(CRILC) has been set up by Indian
Turnover"
Banks Association (IBA) to capture
2. Credit Linked Capital Subsidy
credit information of large
Scheme for Technology
borrowers.
Upgradation is for benefit of small
scale industries.
is/are correct?
(a) 1 only
is/are correct?
(b) 2 only
(a) 1 only
(c) Both 1 and 2
(b) 2 only
(d) Neither 1 nor 2
(c) Both 1 and 2
(d) Neither 1 nor 2
related to the proposed Public Credit
Registry (PCR):
Nikshay Poshan Yojana (NPY)
1. The PCR would capture the
borrowers' past loan performance
as well as additional information
14
1. It is a scheme of nutritional
support for all patients suffering
from cancer. Q96) Which of the following actions should
2. NPY is registered under Direct RBI take to control the Inflation in
Benefit Transfer Economy?
3. NPY is a centrally sponsored 1. Increase in the Repo rate
scheme under National Health 2. Increase in SLR
Mission
3. Sale of G-Secs under OMOs
is/are correct?
given below:
(a) 1 and 2 only
(a) 1 only
(b) 2 and 3 only
(b) 1 and 2 only
(c) 1 and 3 only
(c) 1 and 3 only
(d) 2 only
(d) 1, 2 and 3

related to Pradhan Mantri Fasal Bima
related to Banks Board Bureau:
Yojana (PMFBY):
1. It has been set up based on the
1. The premium to be paid by the
recommendations of P.J Nayak
farmers under the scheme is same
Committee as part of
for both Kharif and Rabi Crops.
Indradhanush plan to improve the
2. The scheme provides for governance of the Public Sector
compulsory coverage of the Banks.
farmers who avail institutional
2. It has been empowered to appoint
loans.
the heads of the Public Sector
3. This scheme covers both share Banks in India.
croppers and tenant farmers.
is/are correct?
(a) 1 only
(c) 1 and 3 only (d) Neither 1 nor 2
(d) 2 and 3 only
Q98) Which among the followings is/are the

Q95) Which among the following can be structural constraints face by India?
associated with Crowding-out Effect:
1. High share of workforce in
1. Increase in Government agriculture
Borrowings
2. Domination of capital intensive
2. Increase in Private Sector manufacturing units
Investment
3. Low share of manufacturing sector
3. Increase in rate of Interest on in our GDP
Loans
4. Labour laws and policies
Select the correct answer:
given below:
(a) 1 and 2 only
(a) 1 only
(b) 2 and 3 only
(b) 1 and 2 only
(c) 1, 2 and 4 only
(c) 1 and 3 only
(d) 1, 2 ,3 and 4
(d) 1, 2 and 3
15
Q99) Which among the following are Q102) Consider the following statements
components of Indradhanush Plan for related to Recapitalization Bonds:
improving the governance of the Public 1. These Bonds would be issued by
Sector Banks? the Banks to raise money from the
1. Appointment of Banks Board Capital Market.
Bureau 2. These Bonds would help the
2. Capitalization of Banks Banks meet Capital Requirements
3. Giving More Autonomy to PSBs under the BASEL III guidelines.
4. Ensuring greater accountability of Select the correct answer using the code
PSBs given below:
Select the correct answer using the code (a) 1 only
given below: (b) 2 only
(a) 1 and 2 only (c) Both 1 and 2
(b) 2 and 3 only (d) Neither 1 nor 2
(c) 1, 2 and 3
(d) 1,2,3 and 4 Q103) Which among the following could be
likely consequences of increase in the
Q100) Which among the following can be interest rates in US on the Indian
considered as reasons for Economy?
recapitalization of Public Sector Banks 1. Dollar Depreciation
(PSBs) by Government? 2. Rupee Appreciation
1. To meet regulatory requirements 3. Decrease in Dollar Inflows into
under BASEL III Norms India.
2. To reduce the shareholding of the Select the correct answer using the code
Private Sector in PSBs given below:
3. To enable the Banks to come out (a) 1 only
of PCA Framework (b) 2 only
Select the correct answer using the code (c) 1 and 2 only
given below: (d) 3 only
(a) 1 only
(b) 1 and 2 only Q104) Which of the following parameters are
(c) 1 and 3 only measured in SDG India Index report?
(d) 1, 2 and 3 1. Gender Equality
2. Poverty and Hunger
Q101) Which among the following parameters 3. Preserving terrestrial ecosystems
are considered by the RBI under the Select the correct answer from the
Prompt Corrective Action Framework? codes given below:
1. Net NPAs (a) 2 Only
2. Capital Adequacy Ratio (CAR) (b) 1 and 2
3. Return on Assets (RoA) (c) 1, 2 and 3
Select the correct answer using the code (d) 1 and 3
given below:
(a) 1 only Q105) Which among the following can be
(b) 1 and 2 only considered to be advantages of Dredging
(c) 2 and 3 only of water bodies?
(d) 1, 2 and 3 1. It enables safe passage of larger
ships and vessels.
16
2. It decreases the navigation time of (b) 2 only
the ships. (c) Both 1 and 2
3. It reduces the exposure of the (d) Neither 1 nor 2
aquatic life to pollutants.
Select the correct answer using the code Q109) Consider the following statements
given below: related to FDI and FPI:
(a) 1 only 1. Under FPI, the foreign company
(b) 1 and 2 only gains both management and
(c) 1 and 3 only ownership rights, whereas under
(d) 1, 2 and 3 FDI, the foreign company gains
only the ownership rights.
Q106) The State Startup Index Report, 2018 is 2. FDI is considered to be stable and
provided by which of the following? long term investment whereas FPI
(a) NITI Aayog is considered to be unstable and
(b) Department for Promotion of short term investment.
Industry and Internal Trade Which of the statements given above
(DPIIT) is/are correct?
(c) World Economic Forum (a) 1 only
(d) Reserve Bank of India (b) 2 only
(c) Both 1 and 2
Q107) Consider the following statements (d) Neither 1 nor 2
related to Special Mention Account
(SMA): Q110) Consider the following statements
1. The SMA is non-performing asset related to E-Commerce:
of the bank which has very high 1. Inventory based Model of E-
exposure to the banking sector. Commerce is when inventory of
2. The Classification of loans as SMA goods is owned by the e-commerce
enables the banks to take entity where as Market based of E-
corrective action against the loans Commerce merely provides a
which are under stress. online platform for the sale of
Which of the statements given above goods.
is/are correct? 2. Presently, 100% FDI is allowed in
(a) 1 only both inventory based and Market
(b) 2 only based E-Commerce.
(c) Both 1 and 2 Which of the statements given above
(d) Neither 1 nor 2 is/are correct?
(a) 1 only
Q108) Consider the following statements (b) 2 only
related to Statutory Liquidity Ratio (c) Both 1 and 2
(SLR): (d) Neither 1 nor 2
1. The SLR is the percentage of
depositors' money which the Q111) Consider the following statements about
banks are required to keep with FRBM Review Committee headed by
the RBI. Shri N.K. Singh:
2. The SLR is to be maintained in the 1. It has proposed yearly targets to
form of Cash, Gold and G-Secs. reduce fiscal and revenue deficits
Which of the statements given above by 2023.
is/are correct?
(a) 1 only
17
2. It has allowed for certain (d) 1, 2 and 3
deviations from specified fiscal
targets of the government.
3. It has proposed a Draft Debt Q115) Ujjwala Sanitary pad initiative has been
Management and Fiscal started by which of the following PSUs?
Responsibility Bill, 2017
1. Indian Oil Corporation
2. National Thermal Power
is/are correct?
Corporation.
(a) 2 only
3. Bharat Petroleum.
(b) 1 and 3 only
(c) 1 and 2 only
given below:
(d) 1, 2 and 3
(a) 1 only
(b) 2 and 3
(c) 1 and 3
Q112) Consider the following statements on (d) 1, 2 and 3
Debt to GDP Ratio:
1. A very high Debt to GDP Ratio
signifies a stable economy
HRIDAY Scheme:
2. A lower Debt to GDP Ratio makes
1. It aims at preserving and
it difficult for a country to pay
revitalizing infrastructure of
back debts
heritage cities of India.
3. Governments strive for a high Debt
2. The scheme has been launched by
to GDP Ratio
Ministry of Housing and Urban
Which of the statements given above Affairs.
is/are correct?
3. Chennai, Guwahati, Imphal and
(a) 2 only Laddakh have been identified by
(b) 1 and 3 only government under the scheme.
(c) 1 and 2 only
(d) None of the above
is/are correct?
(a) 1 and 3 only
Q113) Which of the following regulates the (b) 2 and 3 only
Credit Rating Agencies in India? (c) 1 and 2 only
(a) RBI (d) None of the above
(b) Finance Ministry
(c) SEBI
related to Banking Stability Indicator:
1. It measures the expected number
Q114) Which of the following are included in
of banks that could become
the calculation of Gross Fixed Capital
distressed if one bank fails.
formation?
2. An increase in the indicator value
1. Road infrastructure
means that the Banking sector is
2. Gold and precious Metals more stable.
3. Stocks and inventories. Which of the statements given above
Select the correct answer using the code is/are correct?
given below: (a) 1 only
(b) 1 and 2 (c) Both 1 and 2
(c) 2 and 3 (d) Neither 1 nor 2
18
3. It compiles data separately for the
services sector.
Q118) Consider the following statements: Select the correct answer using the code
1. The NPAs of the Private sector given below:
Banks is higher than the Public (a) 1 and 2 only
Sector Banks. (b) 2 and 3 only
2. The Net NPA is always lower than (c) 3 only
the Gross NPA. (d) 1, 2 and 3
is/are correct? Q122) Which of the following reduces the
(a) 1 only ability of Bank(s) to lend credit?
(b) 2 only 1. Being under the Prompt Corrective
(c) Both 1 and 2 Action
(d) Neither 1 nor 2 2. Increase in provisioning
requirement
Q119) Which among the following agencies 3. Recapitalization by Union
publish the Financial Stability Report in government
India? Select the correct answer from the
(a) Ministry of Finance codes given below:
(b) Office of Chief Economic Advisor (a) 1 and 2
(c) SEBI (b) 2 and 3
(d) RBI (c) 1 and 3
(d) 1, 2 and 3
related to Plain Packaging of Tobacco Q123) Consider the following statements
Products: related to types of Monetary Policies:
1. It prohibits use of any logos, colors 1. The Expansionary policy is
or brand images on the cigarette followed during Inflation whereas
packets. the Contractionary policy is
2. It is provided under the WHO followed during recession.
framework convention on Tobacco 2. Under the Expansionary policy,
control (FCTC) the policy rates reduce whereas
Which of the statements given above under contractionary policy, the
is/are correct? policy rates increase.
(b) 2 only is/are correct?
(c) Both 1 and 2
Q121) With respect to Purchasing Manager's (d) Neither 1 nor 2
Index, which of the following statements
is/are correct ? Q124) Consider the following statements
1. It is published by the Central related to Helicopter Money:
Statistics Office. 1. It involves printing of new
2. It takes into consideration both currency notes by the Government
the Private and Public sector or the Central Bank.
companies. 2. It leads to increase in the debt
liability of the people.
19
Which of the statements given above 3. Cabinet Committee on Economic
is/are correct? Affairs has approved inclusion of
(a) 1 only Merchant Exporters under IES.
(b) 2 only Which of the statements given above
(c) Both 1 and 2 is/are correct?
(d) Neither 1 nor 2 (a) 1 and 3 only
(b) 2 only
Q125) Consider the following statements (c) 2 and 3 only
related to Zero Interest rate policy (d) 1 only
(ZIRP):
1. It involves giving of loans by the Q128) Which of the following measures would
Banks to the borrowers without increase liquidity for the Banking
any interest. system?
2. It is adopted by the countries in 1. Increase in Cash Reserve Ratio by
order to promote economic growth RBI
during recession. 2. Purchase of G-Sec by RBI through
Which of the statements given above Open Market Operations
is/are correct? 3. Increase in Public deposits
(a) 1 only Select the correct answer form the
(b) 2 only codes given below:
(c) Both 1 and 2 (a) 1 and 2 only
(d) Neither 1 nor 2 (b) 2 and 3 only
(c) 1 and 3 only
Q126) Consider the following statements (d) 1, 2 and 3
related to Negative Interest Rate Policy
(NIRP): Q129) Consider the following statements
1. Under this policy, the banks would related to Tokenization of Payment
be required to pay interest on keep Transactions:
their surplus reserves with the 1. It involves replacement of the
Central Bank. customer's account number with a
2. It is a hypothetical concept and unique token which can then be
has not been adopted by any used for transactions.
country so far. 2. The Token contains information
Which of the statements given above related to Bank's account number
is/are correct? and hence it increases the risk of
(a) 1 only cyber theft.
(d) Neither 1 nor 2 (a) 1 only
(b) 2 only
Q127) Consider the following statements about (c) Both 1 and 2
Interest Equalisation Scheme (IES)? (d) Neither 1 nor 2
1. It aims to boost exports from India
by providing interests subsidy on
loans Q130) Which among the following are
2. The rate of Interest Equalisation is objectives of the Gold Monetization
same for MSMEs and Scheme?
Manufacturing Exporters under 1. To reduce Current Account deficit
IES.
20
2. To bring idle gold in the economy 2. Under PMMY, the borrowers can
into circulation directly borrow money from the
Select the correct option MUDRA agency.
(c) Both 1 and 2
Q131) Consider the following statements (d) Neither 1 nor 2
related to Composition Scheme:
1. This scheme provides for easy, low Q134) Which among the following are the
procedure and compliance friendly features of Universal Basic Income?
tax scheme for all the firms. 1. Universality
2. This scheme provides for payment 2. Conditional Transfers
of GST in terms of fixed percentage 3. Direct Cash Transfers
of the profits of the firms. Select the correct answer using the code
Which of the statements given above given below:
is/are incorrect? (a) 1 only
(a) 1 only (b) 1 and 2 only
(b) 2 only (c) 1 and 3 only
(c) Both 1 and 2 (d) 1, 2 and 3
(d) Neither 1 nor 2
Q132) Consider the following statements Q135) With reference to Swadesh Darshan
related to GST Council: Scheme, which of the following
1. It is headed by the Prime Minister. statements is/are correct ?
2. The Centre has weightage of 2/3 1. It is a flagship scheme of the
votes while the states have Ministry of Tourism
combined weightage of remaining 2. It is a centrally sponsored scheme.
1/3 votes.
3. It aims to develop religious tourist
3. The decision of the GST council sites across India .
has to be ratified by minimum 3/4
Select the correct answer
of the weighted votes of the
(a) 1 only
members.
(b) 1 and 3 only
(c) 2 and 3 only
is/are correct?
(d) 1, 2 and 3
(a) 1 only
(b) 1 and 2 only
Q136) With reference to UDAN scheme ,
(c) 3 only
consider the following statements
(d) 2 and 3 only
1. Government provides subsidy to
the airline operators to operate
commercial flights to all major
related to Pradhan Mantri Mudra
routes in India.
Yojana (PMMY):
2. Under International UDAN , the
1. It provides for loans to the small
State government shall provide
entrepreneurs in order to bring
subsidy to commercial flights to
them within the formal credit
international destination
system.
Select the correct answer:
21
(a) 1 only 3. Plans and decisions regarding the
(b) 2 only nature and choice of works to be
(c) Both 1 and 2 undertaken are all to be made by
(d) Neither 1 nor 2 Gram Sabha
Which of the statements given above are
Q137) Consider the following statements about correct?
The National Skills Qualifications (a) 1 and 2
Framework (NSQF): (b) 2 and 3
1. It is a competency-based (c) 1 and 3
framework that organises all (d) 1, 2 and 3
qualifications according to a series
of levels of knowledge, skills and Q140) Which of the following International
aptitude. Organisation released the World Energy
2. Under NSQF, the learner can Outlook report, 2018?
acquire the certification for (a) UN Development Programme
competency needed at any level (b) World Energy Forum
through formal, non-formal or (c) OPEC
informal learning. (d) International Energy Agency
is/are correct? Q141) Which of the following organizations
(a) 1 only publish the Global financial stability
(b) 2 only report?
(c) Both 1 and 2 (a) World Bank
(d) Neither 1 nor 2 (b) World economic forum
(c) International Monetary Fund
Q138) Consider the following statements on (d) None of the above
Angel Tax:
1. It is the tax levied on funds raised Q142) Which one of the following is a purpose
by Indian start-ups through issue of 'UDAY', a scheme of the Government?
of shares. (a) Providing technical and financial
2. It is calculated when the Start-ups assistance to start-up
receive funding which is higher entrepreneurs in the field of
than its "fair Market Value". renewable sources of energy
(b) Providing electricity to every
household in the country by 2018
is/are correct?
(c) Replacing the coal-based power
(a) 1 only
plants with natural gas, nuclear,
(b) 2 only
solar, wind and tidal power plants
(c) Both 1 and 2
over a period of time
(d) Neither 1 nor 2
(d) Providing for financial turnaround
and revival of power distribution
Q139) Consider the following statements on companies.
MGNREGA:
1. The resource transfer from Centre
to States is based on the demand
for employment in each State
1. The Fiscal Responsibility and
2. It provides a legal guarantee for
Budget Management (FRBM)
wage employment by providing
Review Committee Report has
allowances in cases of failure to
recommended a debt to GDP ratio
provide work on demand
22
of 60% for the general (combined) 3. KALIA Scheme provides uniform
government by 2023, comprising financial assistance to different
40% for the Central Government kinds of farmers.
and 20% for the State Which of the statements given above
Governments. is/are correct?
2. The Central Government has (a) 1 and 2 only
domestic liabilities of 21 % of GDP (b) 2 only
as compared to that of 49% of GDP (c) 2 and 3 only
of the State Governments. (d) None of the above
3. As per the Constitution of India, it
is mandatory for a State to take Q146) Consider the following statements on
the Central Government's consent Rythu Bandhu Scheme:
for raising any loan if the former
1. It is a scheme by the Central
owes any outstanding liabilities to
Government to reduce agrarian
the latter.
distress.
Which of the statements given above is/
2. It provides uniform financial
are correct ?
assistance to all farmers.
(a) 1 only
3. It provides financial assistance to
(b) 2 and 3 only
sharecroppers.
(c) 1 and 3 only
(d) 1, 2 and 3
is/are correct?
(a) 1 and 2 only
(b) 2 only
related to Baltic Dry Index:
(c) 2 and 3 only
1. It is an economic indicator (d) None of the above
released by the London based
Baltic Exchange and is applicable
Q147) DAMaN is an initiative for which of the
only to the Baltic countries.
following?
2. It measures the changes in the
(e) Eradicating Ebola
transportation costs of the
(f) Eradicating Malaria
commodities through the sea.
(g) Providing crop insurance
3. An increase in Baltic Dry Index (h) Pension scheme
would indicate a global economic
slowdown in future.
related to National Statistical
is/are correct?
Commission (NSC):
(a) 1 only
1. It is a statutory body under the
(b) 2 only
Ministry of Statistics and
(c) 1 and 2 only
Programme Implementation.
(d) 1, 2 and 3
2. It is headed by the Prime Minister
3. It acts as the nodal agency for
setting statistical standards and
1. KALIA Scheme has been launched brings about coordination among
by state of Telangana to increase different statistical agencies.
agricultural prosperity
2. KALIA Scheme does not cover is/are correct?
sharecroppers
(a) 1 only
(b) 1 and 2 only
23
(c) 3 only (c) Both 1 and 2
(d) 1 and 3 only (d) Neither 1 nor 2
Q149) Which among the following is/are the Q152) Consider the following statements on
responsibilities of Department for Index of Eight Core Industries:
Promotion of Industry and Internal 1. It is a monthly production index
Trade? released by Ministry of Finance
1. Promotion of Internal Trade 2. It is the lead indicator of the
2. Welfare of Traders monthly industrial performance
3. E-Commerce Which of the statements given above
4. Monitoring of prices and is/are correct?
availability of essential (a) 1 Only
commodities. (b) 2 Only
Select the correct answer using the code (c) Both 1 and 2
given below: (d) Neither 1 nor 2
(a) 1 only
(b) 1 and 2 only Q153) Which of the statements about Index of
(c) 1, 2 and 3 only Eight Core Industries is /are correct?
(d) 1, 2, 3 and 4 only 1. The base year used for calculation
is 2011-12
Q150) Consider the following statements about 2. Electricity generation does not
Periodic Labour Force Survey: include generation from renewable
1. It is released by the Labour sources
Bureau Select the correct answer from the
2. It provides data upon only Urban codes given below:
employment-unemployment (a) 1 Only
3. It is provided for both at State/UT (b) 2 Only
and Pan-India level (c) Both 1 and 2
Which of the statements given above (d) Neither 1 nor 2
is/are correct?
(a) 1 Only Q154) There has been a persistent deficit
(b) 2 Only budget year after year. Which
(c) 3 Only action/actions of the following can be
(d) 1, 2 and 3 taken by the Government to reduce the
deficit?
Q151) Consider the following statements with 1. Reducing revenue expenditure
regards to Provisioning: 2. Introducing new welfare schemes
1. Prudential norms of Provisioning 3. Rationalizing subsidies
was recommended by the 4. Reducing import duty
Narasimham Committee Select the correct answer using the code
2. It should be made on the basis of given below.
the classification of assets for the (a) 1 only
period it has remained non- (b) 2 and 3 only
performing (c) 1 and 3 only
Which of the statements given above (d) 1, 2, 3 and 4
is/are correct?
(a) 1 Only
(b) 2 Only
24
Q155) Which of the following is/are included Q159) Which of the following is the highest
in the capital budget of the Government exported commodity of India for 2017-
of India? 18?
1. Expenditure on acquisition of (a) Gold
assets like roads, buildings, (b) Petroleum products
machinery, etc. (c) Pharmaceuticals
2. Loans received from foreign (d) Electronics
governments
3. Loans and advances granted to the Q160) Which of the following government
States and Union Territories schemes can be associated with subsidy
Select the correct answer using the code in LPG cylinders?
given below. 1. PAHAL
(a) 1 only 2. PM UJJWALA
(b) 2 and 3 only 3. JAN DHAN
(c) 1 and 3 only 4. SWAYAM
(d) 1, 2 and 3 Select the correct answer using the code
given below:
Q156) In India, deficit financing is used for (a) 1 and 2 only
raising resources for (b) 3 and 4 only
(a) economic development (c) 1 and 3 only
(b) redemption of public debt (d) 2 and 4 only
(c) adjusting the balance of payments
(d) reducing the foreign debt
Q161) Who among the following publishes the
World Economic Situations and
Q157) In the Indian context Pink revolution is Prospects Report?
related? (a) IMF
(a) Rose flower production (b) WTO
(b) Women empowerment (c) World Bank
(c) Meat Processing (d) None of the above
(d) Pulses production
Q158) Consider the following statements related to Pradhan Mantri Jan Arogya
related to Pradhan Mantri Kisan Abhiyan (PMJAA):
Samman Nidhi (PM-KISAN): 1. This health insurance scheme
1. This scheme provides for direct provides free coverage of up to Rs
income support for the benefit of 10 lakh per family per year.
all the farmers in India. 2. The scheme covers insurance for
2. This scheme would also cover secondary and tertiary treatment
landless agricultural labourers Which among the above statements
(b) 2 only (c) Both 1 and 2 only
(d) Neither 1 nor 2
25
Q163) Consider the following statements (c) World Economic Forum
related to National Health Protection (d) World Intellectual Property
Policy 2017: Organisation
1. It aims to increase the
government's expenditure on Q167) Consider the following statements:
health to 3% . 1. The repo rate is the rate at which
2. The policy advocates allocating other banks borrow from the
major proportion of resources to Reserve Bank of India
primary care followed by 2. RBI's benchmark interest rates is
secondary and tertiary care. decided by the Monetary Policy
Which of the statements given above Committee
is/are correct? Which of the statements given above
(b) 2 only (a) 1 Only
(c) Both 1 and 2 only (b) 2 Only
(d) Neither 1 nor 2 (c) Both 1 and 2
(d) Neither 1 nor 2
Q164) With reference to Pradhan Mantri
Shram-Yogi Mandhan, Consider the Q168) Consider the following statements:
following statements:
1. The accommodative policy stance
1. It would provide for a guaranteed means RBI may reduce the policy
pension of Rs 3000 per Month. rates to increase the money supply
2. It would be applicable for all the in the economy.
workers in the unorganized sector. 2. The Calibrated tightening would
Select the correct answer using the code mean RBI would either keep the
given below: policy rates constant or increase
(a) 1 only the rates.
(c) Both 1 and 2 only is/are correct?
(d) Neither 1 nor 2 (a) 1 Only
(b) 2 Only
Q165) Which among the following entities are (c) Both 1 and 2
required to register and regulate the (d) Neither 1 nor 2
deposit schemes in India?
1. RBI Q169) GIFT city in Gujarat has ben created
2. SEBI under which of the following ?
3. State Government (a) SEBI act
Select the correct answer using the code (b) SEZ act
given below: (c) NMIZ
(a) 1 only
(b) 1 and 2 only
(c) 3 only Q170) Which of the following can be said to be
(d) 1, 2 and 3 the probable benefit/benefits of buy-
back of shares?
Q166) Which of the following releases the IP 1. Consolidation of ownership by
International Index? promoters.
(a) US Chamber of Commerce 2. Increasing price per share by
(b) US Treasury Department reducing its circulation.
26
3. To provide as an additional exit (d) Neither 1 nor 2
route to shareholders when shares
are under valued. Q174) Which of the statement correctly
Select the correct answer using the describes 'Currency in Circulation'?
codes given below: (a) It includes notes in circulation,
(a) 1 and 3 only rupee coins and small coins with
(b) 2 and 3 only public and with banks
(c) 1 only (b) It only includes notes in
(d) 1, 2 and 3 circulation with public
(c) It includes notes and coins
Q171) SDG India Index Baseline Report, 2018 released from vaults of banks
has been prepared by? (d) It means the notes and coins
(a) Ministry of Finance provided by RBI & Government of
(b) CRISIL India to public and to banks
(c) RBI
(d) NITI Aayog
Q175) Which of the following would enhance
India's ability to harness the
Q172) Consider the following statements Demographic dividend?
related to Labour Force Participation 1. Increase in share of dependency
Rate (LFPR): population upon working
1. It refers to the percentage of the population
population which is presently 2. Augmenting public & private
employed in a country. investment in services & industrial
2. The LFPR is higher for the males sector
as compared to Females in India. 3. Increased distribution of farm
3. The LFPR of the rural females is income among members of a
higher than the Urban Females. household
Which of the statements given above Select the correct answer from the
is/are correct? codes given below:
(a) 1 only (a) 1 Only
(b) 1and 2 only (b) 1 and 3 only
(c) 2 and 3 only (c) 2 Only
(d) 1, 2 and 3 (d) 1, 2 and 3
Q173) Consider the following statements Q176) The provision of Most Favoured Nation
related to Saubhagya Scheme: can be found in which of the following
1. It aims to ensure universal 1. General Agreements on Tariff &
household electrification for all the Trade (GATT)
rural and urban households. 2. General Agreements on Trade in
2. The Rural Electrification Services (GATS)
Corporation is the nodal agency for 3. Agreement on Trade Related
the implementation of the scheme. Aspects of Intellectual Property
Which of the statements given above Rights (TRIPS)
is/are correct? Select the correct answer using the code
(a) 1 only given below:
(b) 2 only (a) 1 only
(c) Both 1 and 2 (b) 2 only
(c) 3 only
27
(d) 1, 2 and 3 (c) Both 1 and 2
(d) Neither 1 nor 2
1. Positive Merchandise Trade Q181) With reference to the KUSUM scheme,
balance indicates greater import. Consider the following statements:
2. Negative Merchandise Trade 1. The scheme aims to add a solar
balance indicates greater export. capacity of 20,000MW by 2022
Which of the following statements 2. It is related to the installation of
is/are correct? standalone solar powered
(a) 1 only Agricultural pumps only
(b) 2 only Which of the statement(s) given above
(b) 2 only
Q178) With reference to Mari culture, consider (c) Both 1 and 2
the following statements: (d) Neither 1 nor 2
1. It is related to the cultivation of
plants and fishes in fresh water. Q182) With reference to the Consumer price
2. Seaweeds are rich sources of index, consider the following
omega 3 and 6 fatty acids statements:
Which of the statements given above 1. GST has a higher bearing on CPI
is/are correct? as compared to the WPI
(a) 1 only 2. It gives maximum weightage to
(b) 2 only food and beverages.
(c) Both 1 and 2 Which of the statement(s) given above
(d) Neither 1 nor 2 is/are correct?
(a) 1 only
Q179) The revised guidelines for chartering of (b) 2 only
ships gives Right of First Refusal to (c) Both 1 and 2
which of the following? (d) Neither 1 nor 2
(a) Indian Flagged ships
(b) Ships built in India Q183) Consider the following statements
(c) Ships owned by private entities related to Most Favoured Nation (MFN)
(d) Ships owned by Clause:
Government/public corporations 1. It is one of the principles of the
WTO.
Q180) With reference to the Grid Connected 2. Under the MFN principle, trade
Rooftop Solar Programme, Consider the concession offered by one member
following statements: country to another member
1. It targets a cumulative capacity of country gets extended to other
4000 MW by 2022 member countries as well.
2. Central Financial Assistance is 3. This principle ensures fair and
available to residential sector, non-discriminatory international
Group Housing societies only. trade.
Which of the statements given above Which of the statements given above
is/are correct? is/are correct?
28
(c) 2 and 3 only (d) It is the income tax payable by
(d) 1, 2 and 3 investors on capital provided for
purchase of shares when the
Q184) Which among the following are effects of purchase value of share price is
falling international crude oil prices on seen in excess of the fair market
Indian economy? value
1. It leads to increase in Inflation.
2. It leads to an increase in the repo Q187) Which among the following statements
rate by RBI. is/are correct about BharatNet?
Select the correct option: 1. It is implemented by BSNL
(a) 1 only 2. It is being funded by the Universal
(b) 2 only Service Obligation Fund
(c) Both 1 and 2 Select the correct answer from the
(d) Neither 1 nor 2 codes given below:
(a) 1 Only
Q185) With respect to wholesale price index, (b) 2 Only
consider the following statements: (c) Both 1 and 2
(d) Neither 1 nor 2
1. It is compiled by Central Statistics
Office (CSO)
2. It gives highest weightage of the Q188) Which of the following are external
manufactured products. benchmark's options provided by
Reserve Bank of India to banks?
given below: 1. Repurchase Rate
(a) 1 only 2. 91-day Treasury bill yield
(b) 2 only Select the correct answer from the
(c) Both 1 and 2 codes given below:
(b) 2 only
Q186) Which among the following statements (c) Both 1 and 2
correctly describes 'Angel tax'? (d) Neither 1 nor 2
(a) It is used to refer to the income tax
payable on capital raised by Q189) Which of the following can be said to be
unlisted companies via issue of the features of "Gig Economy"?
shares where the share price is 1. Labour Market based on
seen in excess of the fair market temporary work.
value of the shares sold 2. Employees are hired on
(b) It is the income tax payable on contractual basis.
prospective capital by unlisted
3. Lack of financial security.
companies via issue of shares
where the share price is seen in
given below:
excess of the fair market value of
the shares sold (a) 1 and 2 only
(c) Income tax payable on capital (b) 2 and 3 only
raised by newly registered (c) 1 and 3 only
companies on stock exchange via (d) 1, 2 and 3
issue of shares where the share
price is seen in excess of the fair Q190) Consider the following statements
market value of the shares sold related to National Pharmaceutical
Pricing Authority:
29
1. It enforces the prices and Q193) Consider the following statements
availability of Scheduled Drugs. related to the National Mineral Policy
2. It is not empowered to check the ,2019 :
increase in the prices of non- 1. It proposes to grant industry
scheduled drugs. status to mining activities.
3. It has been empowered to fix the 2. It has introduced the concept on
prices of drugs which are not inter-generational equity .
under the National List of Which of the statements given above
Essential Medicines (NLEM) is/are correct?
Which of the statements given above (a) 1 Only
is/are correct? (b) 2 Only
(a) 1 and 2 only (c) Both 1 and 2
(b) 2 and 3 only (d) Neither 1 nor 2
(c) 1 and 3 only
(d) 1, 2 and 3 Q194) With respect to FAME India Scheme ,
which of the following statements are
Q191) Consider the following statements correct??
related to Generic Medicines: 1. It comes under the Ministry of
1. The Generic Medicines have the Power.
same chemical composition as 2. It incentivizes the purchase of
branded drugs. Electric Vehicles in India
2. They are sold under the chemical Select the correct answer using the code
composition name. given below:
3. They are usually the patented (a) 1 Only
drugs made available to the people (b) 2 Only
at cheaper prices. (c) Both 1 and 2
Which of the statements given above (d) Neither 1 nor 2
is/are correct?
(a) 1 and 2 only Q195) Consider the following statements
(b) 2 and 3 only related to Purchasing Managers Index
(c) 1 and 3 only (PMI)
(d) 1, 2 and 3 1. It is compiled and published by
Markit Economics.
Q192) Consider the following statements 2. It takes into the account the
related to Orphan Drugs: manufacturing activity in both
1. These drugs are used to treat life Private Sector Companies and
threatening rare diseases. PSUs.
2. Patents are not issued for the 3. The PMI reading of over 50 denotes
Orphan Drugs. expansion in manufacturing
Which of the statements given above activity while a reading of below 50
is/are correct? denotes contraction.
(c) 1 and 2 only
(d) 3 only
30
Q196) With reference to National Investment (b) 2 only
Infrastructure Fund (NIIF), Consider the (c) Both 1 and 2
following statements: (d) Neither 1 nor 2
1. It is sovereign wealth fund of India
with 100% ownership of the Q200) Consider the following statements of
Central Government. National Common Mobility Card:
2. It provides equity financing 1. It is an initiative of Ministry of
support to the infrastructure Transport.
financing companies. 2. The National Payments
Which of the statements given above Corporation of India (NPCI) has
is/are correct? been entrusted to prepare the
(a) 1 only standards & specifications of the
(b) 2 only National Common Mobility Card
(c) Both 1 and 2 (NCMC).
(d) Neither 1 nor 2 Which of the statements given above
is/are correct?
Q197) Which of the following can be said to be (a) 1 only
a challenge with respect to having (b) 2 only
electric vehicles in India? (c) Both 1 and 2
1. Lack of necessary infrastructure (d) Neither 1 nor 2
2. Electricity Generation
3. Government subsidy Q201) Which of the following is correct about
Select the correct answer using the code the Most favoured Nation status under
given below: WTO?
(a) The countries can impose
(a) 1 and 2 only
discriminatory tariffs on other
(b) 2 and 3 only
member nation.
(c) 1 and 3 only
(b) The countries cannot provide
(d) 1, 2 and 3
preferential treatment to the
member countries
Q198) Central Statistics Organisation comes (c) WTO allows members to give
under which of the following Ministry? special and differential treatment
(a) Ministry of Commerce and to the developing countries
Industry (d) None of the above
(b) Ministry of Finance
(c) Ministry of Commerce
(d) Ministry of Statistics & Programme
related to National Family Health
Implementation
Survey (NFHS):
1. The NFHS is carried out by NSSO
every year.
related to SWIFT Network:
2. The NFHS was carried out for the
1. It is an institute that provides for
first time in the year 2018-19.
international funds transfer across
the globe.
is/are correct?
2. It has been established by Bank of
(a) 1 only
International settlement (BIS).
(b) 2 only
(c) Both 1 and 2
is/are correct?
(d) Neither 1 nor 2
(a) 1 only
31
3. White label ATMs can use their
Q203) In which among the following sectors is own logos instead of the bank's
FDI prohibited in India? logo
1. Atomic Energy Which of the statements given above
2. Banking is/are correct?
3. Manufacture of Cigarettes (a) 1 and 2 only
(b) 2 only
4. Gambling and Lottery Business
(c) 3 only
(d) 1,2 and 3
given below:
(a) 1 and 2 only
Q207) With reference to swachh survekshan
(b) 2 and 3 only
2019, which of the following statements
(c) 1, 3 and 4 only
is/are correct?
(d) 1, 2, 3 and 4
1. As per report , Raipur in
Chhattisgarh has emerged the
Q204) Which among the following can be
cleanest city in India.
considered as part of Strategic
2. It has added a new assessment
Disinvestment of government PSU?
parameter of certifying garbage
1. Transfer of a block of shares to the
free cities.
private sector.
2. Transfer of management control to
given below
the Private Sector.
(a) 1 only
Select the correct answer by using the
(b) 2 only
code given below
(c) Both 1and 2
(a) 1 only (d) Neither 1 nor 2
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
related to safeguard duty:
1. Safeguard duty is a form of
temporary relief which is used
related to Alternative Mechanism of
when imports of a particular
Disinvestment:
product increase unexpectedly to a
1. It is headed by Prime Minister. point that they adversely affect the
2. It has been empowered to give in- domestic producers.
principle approval for the 2. The imposition of Safeguard duty
disinvestment of the PSUs. is completely prohibited by the
Select the correct answer by using the WTO.
code given below Which of the statements given above
(b) 2 only (a) 1 only
(c) Both 1 and 2 (b) 2 only
(d) Neither 1 nor 2 (c) Both 1and 2
(d) Neither 1 nor 2
ATMs in India: Q209) Consider the following statements
1. Brown label ATMs are completely related to Unconventional Monetary
owned by the Banks. Policies:
2. White label ATMs are partially 1. The Zero Interest Rate Policy and
owned by the Banks Negative Interest rate policy is
32
followed by the countries in order 1. It is a new tool used by the RBI to
to control high rate of Inflation. control the liquidity in the
2. No country has so far adopted economy.
Negative Interest rate policy. 2. It leads to decrease in the forex
Which of the statements given above reserves.
is/are correct? 3. It leads to decrease in the rupee
(a) 1 only supply in the economy.
(c) Both 1and 2 is/are correct?
(b) 1 and 2 only
Q210) Consider the following statements (c) 1 and 3 only
related to Real Estate Investment Trust (d) 1,2 and 3
(REIT):
1. The REITs pool money from retail Q213) GSP was recently in the news. It is
investors for investing money in associated most closely with which of
the Real Estate projects. the following aspect of trade?
2. The REITs are regulated by RBI in (a) Differential treatment
India. (b) Zero-Sum trade
3. All the REITs have to be listed on (c) US Exports Incentive Scheme
the stock exchanges. (d) Higher tariffs on Imported goods
is/are correct? Q214) Which of the following can be said to be
(a) 1 and 2 only correct with respect to Trade Deficit?
(b) 2 and 3 only 1. A country's export is more than its
(c) 1 and 3 only import.
(d) 1, 2 and 3 2. It signifies outflow of domestic
currency to foreign markets.
Q211) Consider the following statements Select the correct answer using the code
related to Open Market Operations given below:
(OMOs): (a) 1 only
1. It involves buying/selling of the G- (b) 2 only
Secs in order to control money (c) Both 1and 2
supply in the economy. (d) Neither 1 nor 2
2. The RBI sells G-Secs in order to
inject money into the economy. Q215) With reference to Balance of Payments,
Which of the statements given above which of the following constitutes the
is/are correct? capital account?
(a) 1 only 1. Foreign Direct Investment
(b) 2 only 2. Portfolio Investment
(c) Both 1and 2 3. Balance of invisibles
(d) Neither 1 nor 2 Select the correct answer using the code
given below:
Q212) Consider the following statements (a) 1 only
related to Foreign Exchange buy/sell (b) 1 and 3 only
Swap: (c) 1 and 2 only
(d) 1, 2 and 3
33
Q216) Consider the following statements Which of the statements given above
related to Renewable Purchase is/are correct?
Obligation (RPO) policy in India: (a) 1 and 2 only
1. Under this policy, the DISCOMs (b) 2 and 3 only
are required to purchase a certain (c) 1 and 3 only
percentage of their power (d) 1, 2 and 3
requirements from both solar and
non-solar renewable energy Q218) Consider the following statements
projects. related to generation of renewable
2. The target for the RPOs is set by energy in India:
the Central Electricity Regulatory 1. The Indian Government has set a
Commission (CERC). target to generate 40% of the
Which of the statements given above electricity through renewable
is/are correct? energy.
(a) 1 only 2. Presently, the solar energy
(b) 2 only accounts for highest share among
(c) Both 1and 2 the renewable energy resources.
(d) Neither 1 nor 2 3. The large hydro power projects are
treated as renewable energy in
Q217) Consider the followings statements India.
related to Sovereign Gold Bond Scheme: Which of the statements given above
1. It has been introduced to reduce is/are correct?
the import of Gold into India. (a) 1 and 2 only
2. The Sovereign Gold Bonds can be (b) 2 and 3 only
redeemed in terms of Gold. (c) 1 and 3 only
3. The Sovereign Gold Bonds are (d) 1, 2 and 3
tradeable in the secondary market.
34
Answer Key of DNS
INDIAN ECONOMY AND ECONOMIC DEVELOPMENT
1. b 38. d 75. d 112. d 149. c 186. a

2. a 39. a 76. b 113. c 150. c 187. b
3. b 40. d 77. c 114. a 151. c 188. c
4. c 41. b 78. b 115. c 152. b 189. d
5. d 42. c 79. b 116. c 153. a 190. c
6. c 43. b 80. d 117. a 154. c 191. a
7. c 44. d 81. b 118. b 155. d 192. a
8. d 45. c 82. d 119. d 156. a 193. c
9. d 46. a 83. c 120. c 157. c 194. b
10. a 47. c 84. a 121. c 158. d 195. d
11. d 48. c 85. b 122. a 159. b 196. b
12. c 49. d 86. c 123. b 160. a 197. a
13. b 50. b 87. c 124. a 161. d 198. d
14. d 51. c 88. d 125. b 162. b 199. d
15. d 52. d 89. a 126. a 163. b 200. b
16. d 53. d 90. d 127. a 164. a 201. c
17. a 54. b 91. d 128. b 165. d 202. d
18. b 55. c 92. c 129. a 166. a 203. c
19. c 56. c 93. b 130. c 167. c 204. c
20. b 57. a 94. d 131. c 168. c 205. d
21. c 58. a 95. c 132. c 169. b 206. c
22. c 59. c 96. d 133. a 170. d 207. b
23. a 60. d 97. a 134. c 171. d 208. a
24. a 61. b 98. d 135. a 172. c 209. d
25. b 62. c 99. d 136. b 173. b 210. c
26. c 63. b 100. c 137. c 174. a 211. a
27. a 64. d 101. d 138. c 175. c 212. a
28. c 65. a 102. b 139. d 176. d 213. a
29. b 66. d 103. d 140. d 177. d 214. b
30. a 67. c 104. c 141. c 178. b 215. c
31. a 68. a 105. d 142. d 179. b 216. a
32. d 69. a 106. b 143. c 180. b 217. c
33. c 70. a 107. b 144. b 181. a 218. c
34. c 71. a 108. b 145. d 182. c
35. d 72. a 109. b 146. b 183. d
36. c 73. a 110. a 147. b 184. d
37. a 74. c 111. d 148. c 185. b
35

DNS Economy Bits

Uploaded by

Document Information

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

DNS Economy Bits

Uploaded by

Copyright:

Available Formats

D N S MCQs

INDIAN ECONOMY AND ECONOMIC DEVELOPMENT

Q1) Consider the following statements: (d) Neither 1 nor 2

Q94) Consider the following statements

Q98) Which among the followings is/are the

1. b 38. d 75. d 112. d 149. c 186. a

You might also like