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HomePYQPrelims QuestionsEconomy1996

1996 Economy Practice Questions

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1996Economy
Diff:Standard

Hawala transactions relate to payments:

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1996Economy
Diff:Standard

Consider the following statements: Most international agencies which fund Development Programme in India on intergovernmental bilateral agreements, mainly provide:
1. Technical assistance
2. Soft loans which are required to be paid back with interest
3. Grants, not required to be paid back
4. Food assistance to be paid back

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1996Economy
Diff:Standard

Consider the following items imported by India:
1. Capital goods
2. Petroleum
3. Pearls and precious stones
4. Chemicals
5. Iron and Steel
The correct sequence of the decreasing order of these items(as per 94-95 figures), in terms of value is:

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1996Economy
Diff:Standard

A redistribution of income in a country can be best brought about through:

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1996Economy
Diff:Moderate

Given below are two statements, one labelled as Assertion(A) and the other labelled as Reason(R).
Assertion(A): An important policy instrument of economic lib-eralization 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.

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1996Economy
Diff:Standard

Local supply of coal is not available to:

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1996Economy
Diff:Standard

In India, rural incomes are generally lower than urban incomes. Which of the following reasons account for this?
1. A large number of farmers are illiterate and know little about scientific agriculture.
2. Prices of primary products are lower than that of manufactured products.
3. Investment in agriculture has been low when compared to investment in industry.

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1996Economy
Diff:Moderate

One of the important goals of the economic liberalisation policy is to achieve full convertibility of the Indian rupee. This is being advocated because:

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1996Economy
Diff:Moderate

Which one of the following is correct regarding stabilization and structural adjustment as two components of the new economic policy adopted in India?

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1996Economy
Diff:Standard

The Eighth Five Year Plan is different from the earliest ones. The critical difference lies in the fact that:

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1996Economy
Diff:Moderate

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.

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