A “closed economy” is an economy in which:
A “closed economy” is an economy in which:
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India is regarded as a country with a “Demographic Dividend”. This is due to:
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A rapid increase in the rate of inflation is sometimes attributed to the “base effect”. What is “base effect”?
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Which one of the following statements appropriately describes the “fiscal stimulus”?
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The lowering of Bank Rate by the Reserve Bank of India leads to:
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Economic growth is usually coupled with:
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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.
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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?
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Regarding the International Monetary Fund, which one of the following statements is correct?
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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/(s) can help in reducing the current account deficit?
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In terms of economy, the visit by foreign nationals to witness the XIX common Wealth Games in India amounted to:
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Which one of the following is not a feature of “Value Added Tax”?
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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
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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.
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In India, which of the following have the highest share in the disbursement of credit to agriculture and allied activities?
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With what purpose is the Government of India promoting the concept of “Mega Food Parks”?
1. To provide good infrastructure facilities for the food processing industry.
2. To increase the processing of perishable items and reduce wastage.
3. To provide emerging and eco-friendly food processing technologies to entrepreneurs.
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Why is the Government of India disinvesting its equity in the Central Public Sector Enterprises(CPSEs)?
1. The Government intends to use the revenue earned from the disinvestment mainly to pay back the external debt.
2. The Government no longer intends to retain the management control of the CPSEs.
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India has experienced persistent and high food inflation in the recent past. What could be the reasons?
1. Due to a gradual switchover to the cultivation of commercial crops, the area under cultivation of food grains has steadily decreased in the last five years by about 30%.
2. As a consequence of increasing incomes, the consumption patterns of the people have undergone a significant change.
3. The food supply chain has structural constraints.
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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?
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