Project IAS LogoProject IAS Icon
HomeSubjectsCurrent AffairsPYQStudy PlanQuizBookmarks
Sign in
HomeSubjectsCurrent AffairsPYQStudy PlanQuizBookmarksSign in
Project IAS LogoProject IAS Icon
HomeSubjectsCurrent AffairsPYQStudy PlanQuizBookmarks
Sign in
HomeSubjectsCurrent AffairsPYQStudy PlanQuizBookmarksSign in
HomePYQPrelims QuestionsEconomy2017

2017 Economy Practice Questions

Filters

Subject

Year

26 years
2017EconomyGS1
Difficulty

Who among the following can join the National Pension System(NPS)?

Select an option to verify your answer

2017EconomyGS1
Difficulty

Consider the following in respect of ‘National Career Service’:
1. National Career Service is an initiative of the Department of Personnel and Training, Government of India.
2. National Career Service has been launched in a Mission Mode to improve the employment opportunities to uneducated youth of the country.

Select an option to verify your answer

2017EconomyGS1
Difficulty

With reference to the ‘National Intellectual Property Rights Policy’, consider the following statements:
1. It reiterates India’s commitment to the Doha Development Agenda and the TRIPS Agreement.
2. Department of Industrial Policy and Promotion is the nodal agency for regulating intellectual property rights in India.

Select an option to verify your answer

2017EconomyGS1
Difficulty

Consider the following statements:
1. Tax revenue as a percent of GDP of India has steadily increased in the last decade.
2. Fiscal deficit as a percent of GDP of India has steadily increased in the last decade.

Select an option to verify your answer

2017EconomyGS1
Difficulty

What is/are the most likely advantages of imple-menting ‘Goods and Services Tax(GST)’?
1. It will replace multiple taxes collected by multiple authorities and will thus create a single market in India.
2. It will drastically reduce the ‘Current Account Deficit’ of India and will enable it to increase its foreign exchange reserves.
3. It will enormously increase the growth and size of the economy of India and will enable it to overtake China in the near future.

Select an option to verify your answer

2017EconomyGS1
Difficulty

Which of the following statements is/are correct regarding the ‘Monetary Policy Committee(MPC)?
1. It decides the RBI’s benchmark interest rates.
2. It is a 12-member body including the Governor of RBI and is reconstituted every year.
3. It functions under the chairmanship of the Union Finance Minister.

Select an option to verify your answer

2017EconomyGS1
Difficulty

What is the purpose of setting up of Small Finance Banks(SFBs) in India?
1. To supply credit to small business units.
2. To supply credit to small and marginal farmers.
3. To encourage young entrepreneurs to set up business particularly in rural areas.

Select an option to verify your answer

2017EconomyGS1
Difficulty

Which of the following is a most likely consequence of implementing the ‘Unified Payments Interface(UPI)’?

Select an option to verify your answer

2017EconomyGS1
Difficulty

Which of the following statements best describes the term ‘Scheme for Sustainable Structuring of Stressed Assets(S4A)’, recently seen in the news?

Select an option to verify your answer

2017EconomyGS1
Difficulty

Consider the following statements:
1. National Payments Corporation of India(NPCI) helps in promoting the financial inclusion in the country.
2. NPCI has launched RuPay, a card payment scheme.

Select an option to verify your answer

2017EconomyGS1
Difficulty

What is/are the advantage/advantages of implementing the ‘National Agriculture Market’ scheme?
1. It is a pan-India electronic trading portal for agricultural commodities.
2. It provides the farmers access to nationwide markets, with prices commensurate with the quality of their produce.

Select an option to verify your answer

2017EconomyGS1
Difficulty

Which of the following has/have occurred in India after its liberalisation of economic policies in 1991?
1. The share of agriculture in GDP increased enormously.
2. The share of India’s exports in world trade increased.
3. FDI inflows increased.
4. India’s foreign exchange reserves increased enormously.

Select an option to verify your answer