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Indian Economy

621 questions asked in UPSC Prelims.

2001 · Q54Indian EconomyBanking & Financial Sectoreasy

Consider the following statements regarding Reserve Bank of India: I. It is a banker to the Central Government. II. It formulates and administers monetary policy. III. It acts as an agent of the Government in respect of India’s membership of IMF. IV. It handles the borrowing programme of Government of India. Which of these statements are correct?

  1. (a)I and II
  2. (b)II, III and IV
  3. (c)I, II, III and IV
  4. (d)III and IV
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Official answer(c) I, II, III and IV

2001 · Q73Indian EconomyFiscal Policy & Budgetmoderate

Match List I with List II and select the correct answer using the codes given below the Lists: List I (Term) I. Fiscal deficit II. Budget deficit III. Revenue deficit IV. Primary deficit List II (Explanation) A) Excess of Total Expenditure over Total Receipts B) Excess of Revenue Expenditure over Revenue Receipts C) Excess of Total Expenditure over Total Receipts less borrowings D) Excess of Total Expenditure over Total Receipts less borrowings and Interest Payments

  1. (a)I-C, II-A, III-B, IV-D
  2. (b)I-D, II-C, III-B, IV-A
  3. (c)I-A, II-C, III-B, IV-D
  4. (d)I-C, II-A, III-D, IV-B
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Official answer(a) I-C, II-A, III-B, IV-D

2001 · Q89Indian EconomyInternational Institutions & Reportsmoderate

Match List I with List II and select the correct answer using the codes given below the Lists: List I (Publisher) I. Ministry of Industry II. Central Statistical Organisation III. Reserve Bank of India IV. Ministry of Finance List II (Publication) A) Report on Currency and Finance B) Economic Survey C) Wholesale Price Index D) National Accounts Statistics

  1. (a)I-D, II-C, III-B, IV-A
  2. (b)I-C, II-D, III-A, IV-B
  3. (c)I-D, II-C, III-A, IV-B
  4. (d)I-C, II-D, III-B, IV-A
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Official answer(b) I-C, II-D, III-A, IV-B

2001 · Q114Indian EconomyNational Income & Economic Growthmoderate

The following table shows the percentage change in the consumption of electricity by five towns P, Q, R, S, T from 1986 to 1988: Town Per cent change from 1986 to 1987 From 1987 to 1988 P +8 −18 Q +15 −11 R +6 +9 S −7 −5 T +13 −6 If town T consumed 500,000 units in 1986, how much did it consume in 1988?

  1. (a)371,000 units
  2. (b)531,100 units
  3. (c)551,100 units
  4. (d)571,100 units
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Official answer(b) 531,100 units

2000 · Q1Indian EconomyInternational Institutions & Reportsmoderate

Match List I with List II and select the correct answer using the codes given below the Lists: List I I. Development Programme II. National Council of Applied Economic Research III. Indira Gandhi Institute of Development Research IV. World Bank List II A) UN India Human Development Report B) India Development Report C) World Development Report D) Human Development Report Codes:

  1. (a)I-D, II-A, III-B, IV-C
  2. (b)I-D, II-B, III-A, IV-C
  3. (c)I-B, II-C, III-D, IV-A
  4. (d)I-B, II-A, III-D, IV-C
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Official answer(b) I-D, II-B, III-A, IV-C

2000 · Q26Indian EconomyHuman Development, Poverty & Employment Schemesmoderate

The Swarna Jayanti Shahari Rozgar Yojana which came into operation from 1 December 1997 aims to provide gainful employment to the urban unemployed or underemployed poor but does not include

  1. (a)Nehru Rozgar Yojana
  2. (b)Urban Basic Services Programme
  3. (c)Prime Minister’s Integrated Urban Poverty Eradication Programme
  4. (d)Prime Minister’s Rozgar Yojana
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Official answer(d) Prime Minister’s Rozgar Yojana

2000 · Q62Indian EconomyFinancial Markets & Capital Marketseasy

A rise in ‘SENSEX’ means

  1. (a)a rise in prices of shares of all companies registered with Bombay Stock Exchange
  2. (b)a rise in prices of shares of all companies registered with National Stock Exchange
  3. (c)an overall rise in prices of shares of group of companies registered with Bombay Stock Exchange
  4. (d)a rise in prices of shares of all companies belonging to a group of companies registered with Bombay Stock Exchange
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Official answer(c) an overall rise in prices of shares of group of companies registered with Bombay Stock Exchange