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HomePYQPrelims QuestionsEconomy2023

2023 Economy Practice Questions

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26 years
2023EconomyGS1
Difficulty

Consider the following statements:
Statement-I: India’s public sector health care system largely focuses on curative care with limited preventive, promotive and rehabilitative care.
Statement-II: Under India’s decentralized approach to health care delivery, the States are primarily responsible for organizing health services.

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2023EconomyGS1
Difficulty

In the context of finance, the term ‘beta’ refers to:

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2023EconomyGS1
Difficulty

Consider the following markets:
1. Government Bond Market
2. Call Money Market
3. Treasury Bill Market
4. Stock Market
How many of the above are included in capital markets?

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2023EconomyGS1
Difficulty

Consider the following statements:
Statement-I: Interest income from the deposits in Infrastructure Investment Trusts(InvITs) distributed to their investors is exempted from tax, but the dividend is taxable.
Statement-II: InvITs are recognized as borrowers under the ‘Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002”.

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2023EconomyGS1
Difficulty

Consider the following statements:
1. The Self-Help Group(SHG) programme was originally initiated by the State Bank of India by providing microcredit to the financially deprived.
2. In an SHG, all members of a group take responsibility for a loan that an individual member takes.
3. The Regional Rural Banks and Scheduled Commercial Banks support SHGs.

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2023EconomyGS1
Difficulty

With reference to Central Bank digital currencies, consider the following statements:
1. It is possible to make payments in a digital currency without using the US dollar or SWIFT system.
2. A digital currency can be distributed with a condition programmed into it such as a time-frame for spending it.

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2023EconomyGS1
Difficulty

Which one of the following activities of the Reserve Bank of India is considered to be part of ‘sterilization’?

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2023EconomyGS1
Difficulty

Consider the following statements:
Statement-I: In the post-pandemic recent past, many Central Banks worldwide had carried out interest rate hikes.
Statement-II: Central Banks generally assume that they have the ability to counteract the rising consumer prices via monetary policy means.

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2023EconomyGS1
Difficulty

Consider the following statements with reference to India:
1. According to the Micro, Small and Medium Enterprises Development(MSMED) Act, 2006’, the ‘medium enterprises’ are those with investments in plant and machinery between 15 crore and 25 crore.
2. All bank loans to the Micro, Small and Medium Enterprises qualify under the priority sector.

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2023EconomyGS1
Difficulty

Consider the following statements with reference to India:
Statement-I: India accounts for 3.2% of global export of goods.
Statement-II: Many local companies and some foreign companies operating in India have taken advantage of India’s ‘Production-linked Incentive’ scheme.

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2023EconomyGS1
Difficulty

Consider the investments in the following assets:
1. Brand recognition
2. Inventory
3. Intellectual property
4. Mailing list of clients
How many of the above are considered intangible investments?

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2023EconomyGS1
Difficulty

Consider the following statements:
1. The Government of India provides Minimum Support Price for niger(Guizotia abyssinica) seeds.
2. Niger is cultivated as a Kharif crop.
3. Some tribal people in India use niger seed oil for cooking.

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2023EconomyGS1
Difficulty

Which one of the following best describes the concept of ‘Small Farmer Large Field’?

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