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HomePYQPrelims QuestionsEconomy2015

2015 Economy Practice Questions

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PYQ 2015EconomyGS1
Diff:Standard

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

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PYQ 2015EconomyGS1
Diff:Standard

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

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PYQ 2015EconomyGS1
Diff:Standard

Convertibility of rupee implies:

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PYQ 2015EconomyGS1
Diff:Standard

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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PYQ 2015EconomyGS1
Diff:Standard

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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PYQ 2015EconomyGS1
Diff:Standard

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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PYQ 2015EconomyGS1
Diff:Standard

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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PYQ 2015EconomyGS1
Diff:Standard

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 No amount can be withdrawn from the Consolidated Fund of India without the authorization from the Parliament of India.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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PYQ 2015EconomyGS1
Diff:Standard

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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PYQ 2015EconomyGS1
Diff:Standard

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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