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HomePYQPrelims QuestionsEconomy2015

2015 Economy Practice Questions

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26 years
2015EconomyGS1
Difficulty

In the ‘Index of Eight Core Industries’, which one of the following is given the highest weight?

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2015EconomyGS1
Difficulty

The problem of international liquidity is related to the nonavailability of:

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2015EconomyGS1
Difficulty

Convertibility of rupee implies:

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2015EconomyGS1
Difficulty

There has been a persistent deficit budget year after year. Which of the following actions can be taken by the government to reduce the deficit?
1. Reducing revenue expenditure
2. Introducing new welfare schemes
3. Rationalising subsidies
4. Expanding industries

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2015EconomyGS1
Difficulty

With reference to Indian economy, consider the following statements:
1. The rate of growth of Real Gross Domestic Product has steadily increased in the last decade.
2. The Gross Domestic Product at market prices(in rupees) has steadily increased in the last decade.

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2015EconomyGS1
Difficulty

The terms ‘Agreement on Agriculture’, ‘Agreement on the Application of Sanitary and Phytosanitary Measures’ and ‘Peace Clause’ appear in the news frequently in the context of the affairs of the:

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2015EconomyGS1
Difficulty

A decrease in tax to GDP ratio of a country indi-cates which of the following?
1. Slowing economic growth rate
2. Less equitable distribution of national income

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2015EconomyGS1
Difficulty

With reference to the Union Government, consider the following statements:
1. The Department of Revenue is responsible for the preparation of the Union Budget that is presented to the Parliament.
2. No amount can be withdrawn from the Consolidated Fund of India without the authorization from the Parliament of India.
3. All the disbursements made from Public Account also need the authorization from the Parliament of India.

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2015EconomyGS1
Difficulty

With reference to the Fourteenth Finance Commi-ssion, which of the following statements is/are correct?
1. It has increased the share of States in the central divisible pool from 32 percent to 42 percent.
2. It has made recommendations concerning sector-specific grants.

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2015EconomyGS1
Difficulty

With reference to Indian economy, consider the following:
1. Bank rate
2. Open market operations
3. Public debt
4. Public Revenue
Which of the above is/are component/components of Monetary Policy?

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2015EconomyGS1
Difficulty

‘Basel III Accord’ or simply ‘Basel III’ often seen in the new, seeks to:

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2015EconomyGS1
Difficulty

When the Reserve Bank of India reduces the Statutory Liquidity Ratio by 50 basis points, which of the following is likely to happen?

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2015EconomyGS1
Difficulty

‘Pradhan Mantri Jan-Dhan Yojana’ has been launched for:

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2015EconomyGS1
Difficulty

With reference to inflation in India, which of the following statements is correct?

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2015EconomyGS1
Difficulty

Which of the following brings out the ‘Consumer Price Index Number for Industrial Workers’?

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2015EconomyGS1
Difficulty

With reference to the Indian Renewable Energy Development Agency Limited(IREDA), which of the following statements is/are correct?
1. It is a Public Limited Government Company.
2. It is a Non-Banking Financial Company.

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2015EconomyGS1
Difficulty

Which one of the following best describes the main objective of ‘Seed Village Concept’?

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2015EconomyGS1
Difficulty

The substitution of steel for wooden ploughs in agricultural production is an example of:

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2015EconomyGS1
Difficulty

Consider the following statements:
1. The Accelerated Irrigation Benefits Programme was launched during 1996-97 to provide loan assistance to poor farmers.
2. The Command Area Development Programme was launched in 1974-75 for the development of water-use efficiency.

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2015EconomyGS1
Difficulty

In India, markets in agricultural products are regulated under the:

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