SawaalBoxसवाल बॉक्स

Indian Economy

621 questions asked in UPSC Prelims.

2010 · Q29Indian EconomyFinancial Markets & Capital Marketseasy

In the parlance of financial investments, the term ‘bear’ denotes

  1. (a)An investor who feels that the price of a particular security is going to fall
  2. (b)An investor who expects the price of particular shares to rise
  3. (c)A shareholder or a bondholder who has an interest in a company, financial or otherwise
  4. (d)Any lender whether by making a loan or buying a bond
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Official answer(a) An investor who feels that the price of a particular security is going to fall

2010 · Q30Indian EconomyExternal Sector & Balance Of Paymentsmoderate

A great deal of Foreign Direct Investment (FDI) to India comes from Mauritius than from many major and mature economies like UK and France. Why?

  1. (a)India has preference for certain countries as regards receiving FDI
  2. (b)India has double taxation avoidance agreement with Mauritius
  3. (c)Most citizens of Mauritius have ethnic identity with India and so they feel secure to invest in India
  4. (d)Impending dangers of global climatic change prompt Mauritius to make huge investments in India
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Official answer(b) India has double taxation avoidance agreement with Mauritius

2010 · Q49Indian EconomyAgriculture & Rural Developmenteasy

An objective of the National Food Security Mission is to increase the production of certain crops through area expansion and productivity enhancement in a sustainable manner in the identified districts of the country. What are those crops?

  1. (a)Rice and wheat only
  2. (b)Rice, wheat and pulses only
  3. (c)Rice, wheat, pulses and oilseeds only
  4. (d)Rice, wheat, pulses, oilseeds and vegetables
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Official answer(b) Rice, wheat and pulses only

2010 · Q134Indian EconomyFiscal Policy & Budgetmoderate

With reference to the National Investment Fund to which the disinvestment proceeds are routed, consider the following statements : 1. The assets in the National Investment Fund are managed by the Union Ministry of Finance. 2. The National Investment Fund is to be maintained within the Consolidated Fund of India. 3. Certain Asset Management Companies are appointed as the fund managers. 4. A certain proportion of annual income is used for financing select social sectors. Which of the statements given above is/are correct ?

  1. (a)1 and 2
  2. (b)2 only
  3. (c)3 and 4
  4. (d)3 only
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Official answer(c) 3 and 4

2010 · Q137Indian EconomyBanking & Financial Sectormoderate

With reference to the institution of Banking Ombudsman in India, which one of the statements is not correct ?

  1. (a)The Banking Ombudsman is appointed by the Reserve Bank of India
  2. (b)The Banking Ombudsman can consider complaints from Non-Resident Indians having accounts in India
  3. (c)The orders passed by the Banking Ombudsman are final and binding on the parties concerned
  4. (d)The service provided by the Banking Ombudsman is free of any fee
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Official answer(c) The orders passed by the Banking Ombudsman are final and binding on the parties concerned