Economy PYQ — Page 10

In the context of Indian economy, consider the following pairs: Term | Most Appropriate Description 1. Melt down | Fall in stock prices 2. Recession | Fall in growth rate 3. Slow down | Fall in GDP Which of the pairs given above is/are correctly matched?

In India, the interest rate on savings accounts in all the nationalized commercial banks is fixed by –

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?

In India, which of the following is regulated by the Forward Markets Commission?

Consider the following statements: 1. The functions of commercial banks in India include: 2. Purchase and sale of shares and securities on behalf of customers 3. Acting as executors and trustees of wills Which of the statements given above is/are correct?

In the context of governance, consider the following: 1. Encouraging Foreign Direct Investment inflows 2. Privatization of higher educational Institutions 3. Down-sizing of bureaucracy 4. Selling/offloading the shares of Public Sector Undertakings Which of the above can be used as measures to control the fiscal deficit in India?

Consider the following actions by the Government: 1. Cutting the tax rates 2. Increasing the government spending 3. Abolishing the subsidies In the context of economic recession, which of the above actions can be considered a part of the ‘fiscal stimulus’ package?

Which one of the following is responsible for the preparation and presentation of Union Budget to the Parliament?

Consider the following statements: 1. The Union Government fixes the Statutory Minimum Price of sugarcane for each sugar season. 2. Sugar and sugarcane are essential commodities under the Essential Commodities Act. Which of the statements given above is/are correct?

In the parlance of financial investments, the term 'bear' denotes:

Consider the following: 1. Fringe Benefit Tax 2. Interest Tax 3. Securities Transaction Tax Which of the above is/are Direct Tax/Taxes?

Consider the following statements: 1. The first telegraph line in India was laid between Kolkata (formerly Calcutta) and Diamond Harbour. 2. The first Export Processing Zone in India was set up in Kandla. Which of the statements given above is/are correct?

Which one of the following brings out the publication called ‘Energy Statistics’ from time to time?

Which one of the following pairs is not correctly matched?

Consider the following statements: 1. MMTC Limited is India’s largest international trading organization. 2. Neelachal Ispat Nigam Limited has been set up by MMTC jointly with the Government of Orissa. Which of the statements given above is/are correct?

With which one of the following has the B.K. Chaturvedi Committee dealt?

In India, the ports are categorized as major and non-major ports. Which one of the following is a non-major port?

Consider the following statements: 1. Infant mortality rate takes into account the death of infants within a month after birth. 2. Infant mortality rate is the number of infant deaths in a particular year per 100 live births during that year. Which of the above statements is/are correct?

Consider the following statements: 1. The repo rate is the rate at which other banks borrow from the Reserve Bank of India. 2. A value of 1 for Gini Coefficient in a country implies that there is perfectly equal income for everyone in its population. Which of the statements given above is/are correct?

The National Housing Bank was set up in India as a wholly-owned subsidiary of which one of the following?

Participatory Notes (PNs) are associated with which one of the following?

With reference to the steel industry in India in the recent times, consider the following statements: 1. Vizag Steel Plant (RINL) has been declared a Mini Ratna. 2. Merger of USCO with SAIL has been completed. Which of the statements given above is/are correct?

Assertion (A): Balance of Payments (BoP) represents a better picture of a country's economic transactions with the rest of the world than the Balance of Trade (BoT). Reason (R): BoP takes into account the exchange of both visible and invisible items whereas BoT does not.

Consider the following statements: 1. Life Insurance Corporation of India is the oldest insurance company in India. 2. National Insurance Company Limited was nationalized in the year 1972 and made a subsidiary of General Insurance Corporation of India. 3. Headquarters of United India Insurance Company Limited are located at Chennai. Which of the statements given above are correct?