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DO NOT OPEN THIS TEST BOOKLET UNTIL YOU ARE ASKED TO DO SO

PATHFINDERS’ ACADEMY PUNE

A
By Dr. Prashant Jagtap Sir Asst. Comdt. CISF

16.03.2019

Time Allowed: Maximum Marks:

INSTRUCTIONS
1. IMMEDIATELY AFTER THE COMMENCEMENT OF THE EXAMINATION, YOU SHOULD
CHEK THAT THIS TEST BOOKLET DOES NOT HAVE ANY UNPRINTED OR TORN OR MISS-
ING PAGES OR ITEMS, ETC. IF SO, GET IT REPLACED BY A COMPLETE TEST BOOKLET.
2. Please not that it is the candidate’s responsibility to encode and fill in the Roll number and Test
Booklet Series A, B, C or D carefully and without any omission or discrepancy at the appropriate
places in the OMR Answer Sheet. Any omission/discrepancy will render the Answer Sheet liable
for rejection.
3. You have to enter your Roll Number on the Test Booklet in the
Box provided alongside. DO NOT write anything else on the
Test Booklet.
4. This Test Booklet contains 125 items (questions). Each item is
printed both in Hindi and English. Each item comprises four responses (answer). You will select the
response which you want to mark on the Answer Sheet. In case you feel that there is more than one cor-
rect response, mark the response which you consider the best. In any case, choose ONLY ONE response
for each item.
5. You have to mark all your responses ONLY on the separate Answer Sheet provided. See direction in the
Answer Sheet.
6. All items carry equal marks.
7. Before you proceed to mark in the Answer Sheet the response to various items in the Test Booklet, you
have to fill in some particulars in the Answer Sheet as per instructions sent to you with your Admission
Certificate.
8. After you have completed filling in all your responses on the Answer Sheet and the examination has con-
cluded, you should hand over to the Invigilator only the Answer Sheet. You are permitted to take away
with you the Test Booklet.
9. Sheets for rough work are appended in the Test Booklet at the end.
10. Penalty for wrong answer:
THERE WILL BE PENALTY FOR WRONG ANSWERS MARKED BY A CANDIDATE IN THE
OBJECTIVE TYPE QUESTION PAPERS.
(i) There are four alternatives for the answer to every question. For each question for which a wrong an-
swer has been given by the candidate, one-third of the marks assigned to that question.
(ii) If a candidate gives more than one answer, it will be treated as a wrong answer even if one of the
given answers happens to be correct and there will be same penalty as above to that question.
(iii) If a question is left blank, i.e., no answer is given by the candidate, there will be no penalty for that
question.
DO NOT OPEN THIS TEST BOOKLET UNTIL YOU ARE ASKED TO DO SO
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Note: English version of the instructions is printed on the back cover of this Booklet
1) The term ‘mixed economy’ denoted: 5) Mahalnobis Model has been associated with
a) Existence of both rural and urban sectors which Five Year Plan?
b) Existence of both private and public a) Fourth
sectors b) Fifth
c) Existence of both heavy and small c) Sixth
industries d) Seventh
d) Existence of both developed and
underdeveloped sectors. 6) Which one of the following is/are included
in ‘Deficit Financing’ in India. The term is
2) When development in economy takes place, used frequently in economic planning:
the share of tertiary sector in National 1. Borrowing from the Reserve Bank of
Income: India
a) First falls and the rises 2. Issue of new currency notes
b) First rises and then falls 3. Withdrawal of past balances/surpluses
c) Keeps on increasing etc.
d) Remains constant a) Only 1
b) Only 2
3) Which of the following is the correct c) Only 3
definition of the term National Income? d) All, 1, 2 and 3
a) National Income means the total amount
of money country at a particular point of 7) Which one of the following can aid in
time furthering the Government’s objective of
b) It is the total value of all sorts of stocks inclusive growth?
held by country at a particular point of 1. Promoting Self Help Groups
time 2. Promoting Micro, Small and Medium
c) This is the measure of the volume of Enterprises
commodities and services turned out 3. Implementing the Rights to Education
during a given period counted without Act
duplication. Select the correct answer using the codes
d) All ‘a’, ‘b’ and ‘c’ given below:
e) None of these a) 1 only
b) 1 and 2 only
4) In India, Tertiary Sector includes: c) 2 and 3 only
I. Trade and Transport d) 1, 2 and 3
II. Finance and Real Estate
III. Forestry and Fishing 8) Which among the following States has
Choose the correct answer from the codes highest sex-ratio in 2011?
given below: a) Tamil Nadu
Codes: b) Andhra Pradesh
a) I only c) Karnataka
b) I and II only d) Odisha
c) II and III only
d) III only
1
9) India is regarded as a country with 13) The ‘Red Data Books’ published by the
‘Demographic Divide’. This is due to: International Union for Conservation of
a) Its high population in the age group
Nature and Natural Resources (IUCN)
below 15 years.
contains lists of:
b) Its high population in the age group of
1. Economic plant and animal species
15-64 years.
present in the biodiversity hotspots
c) Its high population in the age group
2. Threatened plant and animal species
above 65 years.
3. Protected sites for conservation of
d) Its high total population
Nature and natural resources in various
countries
10) Consider the following specific stages of
Select the correct answer using the codes
demographic transition associated with
given below:
economic development:
a) 1 and 3
1. Low birth rate with low death rate
b) 2 only
2. High birth rate with high death rate
c) 2 and 3
3. High birth rate with low death rate
d) 3 only
Select the correct answer using the codes
given below:
14) Which from the following towns is NOT on
a) 1, 2, 3
the Golden Quadrilateral being created for
b) 2, 1, 3
c) 2, 3, 1 the roads-infrastructure of the country?
d) 3, 2, 1 a) Ajmer
b) Ahmedabad
11) Which state in India is estimated to have the
largest coal reserves in India? c) Jabalpur
a) Bihar d) Gaya
b) Jharkhand
c) Madhya Pradesh
d) Orissa 15) Which of the following is correctly matched
with regard to thermal power projects?
12) Which one of the following is the central a) Korba – Uttar Pradesh
theme of the Chipko Movement, started by
Sunderlal Bahuguna in 1973? b) Ramagundam – Tamil Nadu
a) Conservation of river water c) Talchar – Andhra Pradesh
b) Protection of birds d) Kawas – Gujarat
c) Protection of cheetals
d) Conservation of forests

2
16) The Money which Government of India 19) Which one of the following brings out the
spends on the development of infrastructure publication called ‘Energy Statistics’ from
in country comes from which of the time-to-time?
following sources? (Pick up the correct a) Central Power Research Institute
statements/s.) b) Planning commission
I. Loan from World Bank/ADB etc. c) Power Finance Corporation Ltd
II. Taxes collected from the people d) Central Statistical Organisation

III. Loan from RBI 20) Structural unemployment arises due to:
a) Only I and II a) Deflationary conditions
b) Only II b) Heavy industry bias
c) Only III c) Shortage of raw materials
d) All I, II and III d) Inadequate productive capacity

17) Many times we read in financial newspaper 21) Select the one which is NOT the
about the performance of the Core Sectors in responsibility of Gram Sabha under the
Economy. Which of the following is NOT ‘Rural Employment Guarantee Act, 2005’:
included in the core sector of the same? a) To recommend projects to the Gram
a) Coal Panchayat and prepare list of possible
b) Steel works
c) Oil and petroleum sector b) To receive applications for work and
d) Auto sector issue a rated receipt
c) To monitor the execution of works
18) Which of the following items of works are within the Gram Panchayat
included in Bharat Nirman? Find your d) To conduct regular social audits of all
answer with the help of given codes. the projects taken up within the Gram
1. Accelerated irrigation benefits Panchayat
programme
22) The Blue Revolution is related with:
2. Inter – linking of River Projects
a) Fish Production
3. Scheme for repairs, renovation and b) Food grain Production
restoration of water bodies c) Oilseed Production
d) Milk Production
4. Rhabiliation of displaced persons due to
irrigation projects. 23) The Commission in India dealing with
Codes: minimum support price, procurement price
a) 1 and 2 only etc., in connection with agricultural goods is
the :
b) 1, 2 and 4 only
a) Planning Commission
c) 1, 2 and 3 only b) Agricultural Costs and Price
d) All of these Commission
c) Agricultural Price Commission
d) National Marketing Commission
3
24) Where is the Central Rice Research Institute 28) Correlate the following:
located?
a) Bangaluru
b) Kanpur
c) Coimbatore
d) Cuttack
Codes:
ABCD
25) The apex organization for Marketing Co- a) 4 2 3 1
operatives at the national level is: b) 4 1 2 3
c) 1 4 2 3
a) FCI
d) 2 4 3 1
b) NAFED
c) National Co-operative Union 29) Disinvestment is:
a) Offloading of shares of private
d) National Agriculture Marketing Board
companies to government
b) Offloading of government shares to
26) In India, which of the following have the
private companies
highest share in the disbursement of credit to
c) Increase in investment
agriculture and allied activities?
d) Closing down of business concerns
a) Commercial Banks
b) Co-operative Banks
30) Devaluation of currency leads to:
c) Regional Rural Banks
a) Expansion of export trade
d) Microfinance Institutions
b) Contraction of import trade
c) Expansion of import substitution
27) An objective of the National Food Security
d) All of the above
Mission is to increase the production of
certain crops through area expansion and
31) The term stagflation refers to a situation
productivity enhancement in a sustainable where:
manner in the identified districts of the a) Growth has no relation with the change
in prices
country. What are those crops?
b) Rate of growth and prices both are
a) Rice and wheat only decreasing
b) Rice, wheat and pulses only c) Rate of growth is faster than the rate of
c) Rice, wheat, pulses and oil seeds only price increase
d) Rate of growth is slower than the rate of
d) Rice, wheat, pulses, oil seeds and
price increase
vegetables
4
32) At present Indian Rupee is: 35) Treasury bills are sold in India by:
a) Partially convertible on current account a) Reserve Bank of India
b) Fully convertible on current account
b) State Governments
c) Partially convertible on capital account
d) Fully convertible on current and capital c) Commercial Banks
account both d) SEBI

33) What is an Indian Depository Receipt


(IDR)? 36) Guilt-edged market means:
a) A deposit account with a public sector a) Bullion market
Bank.
b) Market of Government securities
b) A depository account with any of the
Depositories in India. c) Market of guns
c) An instrument in the form of depository d) Market of pure metals
receipt created by an Indian depository
against underlying equity shares of the
issuing company. 37) The Narasimhan Committee (1991) on
d) An instrument in the form of deposit financial reforms proposed for establishment
receipt issued by Indian depositories of a:
a) Four tier hierarchy of the Banking
structure
34) Many times were read about Future Trading b) Three tier hierarchy of the Banking
in newspapers. What is ‘Future Trading’? structure
1. It is nothing but a trade between any two c) Two tier hierarchy of the Banking
stock exchange wherein it is decided to structure
d) United control by the aped institutions
purchase the stocks of each other on a
fixed price throughout the year.
38) The Banking system in India has mainly two
2. It is an agreement between two parties to
types of Credit Control System –
buy or sell an underlying asset in the
Quantitative and Qualitative.
future at a predetermined price.
Which of the following is/are NOT
3. It is an agreement between stock
Quantitative Credit Controls(s)?
exchanges that they will not trade the
1. Bank Rate
stocks of each other under any
2. CRR
circumstances in future or for a given
3. Margin Requirement
period of time.
a) Only 1
a) Only 1
b) Only 2
b) Only 2
c) Only 3 c) Only 3
d) All 1, 2 and 3 d) Both 1 and 2
5
39) The Finance Minister of India as well as the 42) Fiscel deficit is:
Governor, Reserve Bank of India have a) Total income less Government
borrowing
stressed on ‘Financial Inclusion’ as an
b) Total payments less total receipts
important objective of the banking sector. c) Total payments less capital receipts
What do they mean by ‘Financial d) Total expenditure less total receipts
excluding borrowing
Inclusion’?
1. Reaching banking services of all 43) Which two of the following taxes are
sections of the society in all parts of the indirect taxes?
a) Sales tax and Income tax
country.
b) Income tax and Wealth tax
2. Providing all sorts of financial c) Sales tax and Excise tax
aids/grants to the people living below d) Income tax and Excise tax
poverty line as a social welfare measure
44) ‘Trade Gap’ means:
without earning any profit. a) Gap between total imports and total
3. This means that banks henceforth should exports
open their branches in rural areas only. b) Gap between total GDP and total
consumption
a) Only 1
c) Gap between available liquidity and
b) Only 2
expected demand
c) Only 3
d) Gap between budgeted revenue
d) None of these
collection and actual collection of the
same
40) What is Repo Rate?
a) It is a rate at which RBI sells
45) Asser (A) : Balance of payment represents
Government securities to banks
better picture of a country economic
b) It is a rate at which RBI buys
transactions with the rest of the world than
Government securities from banks
balance of Trade.
c) It is a rate at which RBI allows small
Reas (R) : Balance of payment takes into
loans in the market
account the exchange of both visible and
d) It is a rate which is offered by banks to
invisible items whereas balance of trade
their most valued customers or prime
does not.
customers
Codes:
a) Both A and R are true R is the correct
41) The Report of Vijay Kelkar Committee
explanation of A
relates to:
b) Both A and R are true but R is not a
a) Trade Reforms
correct explanation of A
b) Centre-State Financial Relations
c) A is true but R is false
c) Disinvestment in Public Sector
d) A is false but R is true
Enterprises
d) Tax Reforms
6
46) IMF was established to meet which of the
following objectives?
1. Promoting international monetary co-
operation
2. Expanding international trade
3. Lessening the disequilibrium in balance
of trade
4. Avoiding competitive exchange
depreciations
Codes:
a) 1, 2 and 3
b) 1, 3 and 4
c) 2 and 4
d) 1, 2, 3 and 4

47) The term ‘Paper Gold’ means:


a) Special Drawing Rights (SDR) of the
IMF
b) Special accommodation facility of the
World Bank
c) Currencies still on Gold standard
d) Deficit financing

48) World Bank helps countries with loans for


the purpose of:
a) Reconstruction and development
b) Stimulating private investment
c) Tackling foreign exchange crises
d) Meeting deficits in government budget

49) Which one of the following is NOT a


function of Finance Commission in India?
a) Devolution of Income Tax
b) Devolution of Excise Duty
c) Award of grants-in-aid
d) Devolution of Trade Tax

50) During period of inflation, rates should:


a) Increase
b) Decrease
c) Remain constant
d) Fluctuate

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