Economy PYQ — Page 12

The most appropriate measure of economic growth is:

Consider the following taxes: 1. Corporation Tax 2. Customs Duty 3. Wealth Tax 4. Excise Duty Which of these is/are indirect taxes?

Economic liberalisation in India started with

The upper part of the graph is a hypothetical movement in the BSE Sensex over a few months and the lower part is the fluctuation in the average value of automobile shares in the same period (actual values not given). Which one of the following inferences can be drawn from the graphs ?

A rise in ‘SENSEX’ means

Gilt-edged market means

In an open economy, the national income (Y) of the economy is: (C, I, G, X, M stand for Consumption, Investment, Govt. Expenditure, total exports and total imports respectively.)

Match List I with List II and select the correct answer using the codes given below the Lists: List I | List II I. Boom | A) Business activity at high level with increasing income, output and employment at macro level II. Recession | B) Gradual fall of income, output and employment with business activity in a low gear III. Depression | C) Unprecedented level of under employment and unemployment, drastic fall in income, output and employment IV. Recovery | D) Steady rise in the general level of prices, income, output and employment Codes:

Consider the following statements: The Indian rupee is fully convertible 1. in respect of Current Account of Balance of Payment. 2. in respect of Capital Account of Balance of Payment. 3. into gold. Which of these statements is/are correct?

The farmers are provided credit from a number of sources for their short and long term needs. The main sources of credit to the farmers include:

The first Indian State to have its Human Development Report prepared and released by Amartya Kumar Sen in Delhi is:

The planning process in the industrial sector in India has assumed a relatively less important position in the nineties as compared to that in the earlier period. Which one of the following is not true in this regard?

Consider the following statements: Regional disparities in India are high and have been rising in recent years because: 1. There is persistent investment over time only in select locations. 2. Some areas are agro-climatically less conducive to development. 3. Some areas continue to face little or no agrarian transformation and the consequent lack of social and economic opportunities. 4. Some areas have faced continuous political instability. Which of the above statements are correct?

Assertion (A): Devaluation of a currency may promote export. Reason (R): Price of the country's products in the international market may fall due to devaluation.

From the balance sheet of a company, it is possible to:

Assertion (A): Fiscal deficit is greater than budgetary deficit. Reason (R): Fiscal deficit is the borrowing from the Reserve Bank of India plus other liabilities of the Government to meet its expenditure.

Since 1980, the share of the tertiary sector in the total GDP of India has:

Among which one of the following sets of social/religious groups is the extent of poverty the highest, as per Government statistics for the 1990s?

Persons below the poverty line in India are classified as such based on whether:

The Employment Assurance Scheme envisages financial assistance to rural areas for guaranteeing employment to at least:

Consider the following statements: Small-scale industries are, in most cases, not as efficient and competitive as the large-scale ones. Yet the Government provides preferential treatment and reservations in a range of products to the small firms because small-scale industries: 1. Provide higher employment on a per unit capital deployment basis 2. Promote a regional dispersion of industries and economic activities 3. Have performed better in export of manufactured products than the large-scale ones 4. Provide jobs to low-skill workers, who otherwise may not find employment avenues elsewhere Which of the above statements are correct?

Consider the following statements: Industrial development in India, to an extent, is constrained by: 1. Lack of adequate entrepreneurship and leadership in business 2. Lack of savings to invest 3. Lack of technology, skills and infrastructure 4. Limited purchasing power among the larger masses Which of the above statements are correct?

The banks are required to maintain a certain ratio between their cash in hand and total assets. This is called:

The Capital Account Convertibility of the Indian Rupee implies: