IAS Economics — Economy previous year questions with solutions.
Both Foreign Direct Investment (FDI) and Foreign Institutional Investor (FII) are related to investment in a country. Which one of the following statements best represents an important difference between the two ?
Which of the following can aid in furthering the Government's objective of inclusive growth ? 1. Promoting Self-Help Groups 2. Promoting Micro, Small and Medium Enterprises 3. Implementing the Right to Education Act Select the correct answer using the codes given below :
Consider the following actions which the Government can take : 1. Devaluing the domestic currency. 2. Reduction in the export subsidy. 3. Adopting suitable policies which attract greater FDI and more funds from FIIs. Which of the above action/actions can help in reducing the current account deficit ?
Economic growth is usually coupled with
Why is the offering of "teaser loans" by commercial banks a cause of economic concern ? 1. The teaser loans are considered to be an aspect of sub-prime lending and banks may be exposed to the risk of defaulters in future. 2. In India, the teaser loans are mostly given to inexperienced entrepreneurs to set up manufacturing or export units. Which of the statements given above is/are correct ?
What is the difference between "vote-on-account" and "interim budget"? 1. The provision of a "vote-on-account" is used by a regular Government, while an "interim budget" is a provision used by a caretaker Government. 2. A "vote-on-account" only deals with the expenditure in Government's budget, while an "interim budget" includes both expenditure and receipts. Which of the statements given above is/are correct?
India is regarded as a country with "Demographic Dividend". This is due to
In India, which of the following have the highest share in the disbursement of credit to agriculture and allied activities ?
Microfinance is the provision of financial services to people of low-income groups. This includes both the consumers and the self-employed. The service/services rendered under microfinance is/are : 1. Credit facilities 2. Savings facilities 3. Insurance facilities 4. Fund Transfer facilities Select the correct answer using the codes given below the lists :
Which one of the following is not a feature of "Value Added Tax"?
Among the following who are eligible to benefit from the "Mahatma Gandhi National Rural Employment Guarantee Act" ?
In the parlance of financial investments, the term 'bear' denotes:
When the Reserve Bank of India announces an increase of the Cash Reserve Rate, what does it mean?
With reference to the institution of Banking Ombudsman in India, which one of the statements is not correct?
The National Food Security Mission (NFSM) was launched to increase the production of:
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?
With reference to the Non-Banking Financial Companies (NBFCs) in India, consider the following statements: 1. They cannot engage in the acquisition of securities issued by the government. 2. They cannot accept demand deposits like Savings Account. Which of the statements given above is/are correct?
The SEZ Act, 2005 which came into effect in February 2006 has certain objectives. In this context, consider the following: 1. Development of infrastructure facilities. 2. Promotion of investment from foreign sources. 3. Promotion of exports of services only. Which of the above are the objectives of this Act?
In India, which of the following is regulated by the Forward Markets Commission?
Which one of the following is not a feature of a Limited Liability Partnership (LLP) firm?
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?
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?
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?