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Economy PYQ — Page 9

IAS EconomicsEconomy previous year questions with solutions.

All Economy Questions (303)

Among the following who are eligible to benefit from the "Mahatma Gandhi National Rural Employment Guarantee Act" ?

2011
easy
mcq

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 ?

2011
medium
mcq

With reference to "Aam Admi Bima Yojana", consider the following statements : 1. The member insured under the scheme must be the head of the family or an earning member of the family in a rural landless household. 2. The member insured must be in the age group of 30 to 65 years. 3. There is a provision for free scholarship for up to two children of the insured who are studying between classes 9 and 12. Which of the statements given above is/are correct ?

2011
medium
mcq

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?

2011
medium
mcq

In India, which of the following have the highest share in the disbursement of credit to agriculture and allied activities ?

2011
medium
mcq

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 :

2011
medium
mcq

In the context of Indian economy, consider the following statements : 1. The growth rate of GDP has steadily increased in the last five years. 2. The growth rate in per capita income has steadily increased in the last five years. Which of the statements given above is/are correct ?

2011
medium
mcq

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 ?

2011
medium
mcq

Economic growth is usually coupled with

2011
medium
mcq

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 :

2011
medium
mcq

India is regarded as a country with "Demographic Dividend". This is due to

2011
easy
mcq

Which of the following terms indicates a mechanism used by commercial banks for providing credit to the government?

2010
medium
mcq

With reference to India, consider the following statements: 1. The Wholesale Price Index (WPI) in India is available on a monthly basis only. 2. As compared to Consumer Price Index for Industrial Workers (CPIIW), the WPI gives less weight to food articles. Which of the statements given above is/are correct?

2010
medium
mcq

With reference to India, consider the following: 1. Nationalization of Banks 2. Formation of Regional Rural Banks 3. Adoption of villages by Bank Branches Which of the above can be considered as steps taken to achieve "financial inclusion" in India?

2010
medium
mcq

Which one of the following is not a feature of a Limited Liability Partnership (LLP) firm?

2010
medium
mcq

In the context of India's Five-Year Plans, a shift in the pattern of industrialization, with lower emphasis on heavy industries and more on infrastructure begins in:

2010
medium
mcq

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?

2010
medium
mcq

Which one of the following statements is an appropriate description of deflation?

2010
easy
mcq

The National Food Security Mission (NFSM) was launched to increase the production of:

2010
medium
mcq

With reference to the institution of Banking Ombudsman in India, which one of the statements is not correct?

2010
medium
mcq

Consider the following statements: In India, taxes on transactions in Stock Exchanges and Futures Markets are: 1. Levied by the Union 2. Collected by the States Which of the statements given above is/are correct?

2010
medium
mcq

When the Reserve Bank of India announces an increase of the Cash Reserve Rate, what does it mean?

2010
medium
mcq

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?

2010
medium
mcq

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?

2010
medium
mcq