IAS Economics — Economy previous year questions with solutions.
The accounting year of the Reserve Bank of India is:
Some time back, the Government of India, decided to de-license 'white goods' industry. 'White goods' include:
The banks are required to maintain a certain ratio between their cash in hand and total assets. This is called:
Which of the following pairs are correctly matched? 1. | Dow Jones : New York 2. | Hang Seng : Seoul 3. | FTSE-100 : London Codes:
Consider the following statements: The price of any currency in the international market is decided by the: 1. World Bank 2. Demand for goods/services provided by the country concerned 3. Stability of the government of the concerned country 4. Economic potential of the country in question
The supply-side economics lays greater emphasis on the point of view of:
Scheme of (i) Urban Micro-Enterprises, (ii) Urban Wage Employment and (iii) Housing and Shelter Upgradation are parts of:
The sum of which of the following constitutes Broad Money in India? 1. Currency with the public 2. Demand deposits with banks 3. Time deposits with banks 4. Other deposits with RBI Choose the correct answer using the codes given below:
National Income is:
In India, inflation is measured by the:
Assertion (A): An important policy instrument of economic liberalization is reduction in import duties on capital goods. Reason (R): Reduction in import duties would help the local entrepreneurs to improve technology to face the global markets. Which one of the following is correct?
Hawala transactions relate to payments:
A redistribution of income in a country can be best brought about through:
One of the important goals of the economic liberalisation policy is to achieve full convertibility of the Indian rupee. This is being advocated because:
Given below are two statements, one labelled as Assertion (A) and the other labelled as Reason (R): Assertion (A): Though India's national income has gone up several fold since 1947, there has been no marked improvement in the per capita income level. Reason (R): Sizeable proportion of the population of India is still living below the poverty line. In the context of the above two statements which one of the following is correct?