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PYQs on Economy

19 PYQs from 2013
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Prelims 2013

19 questions
EconomyExternal Sector and International EconomicsBalance of Payments and External AccountsEasy
Question details
Type:
Single choice
Skill:
Concept understanding
Tags:
Balance of Payments and External Accounts
2013 · Q41

Prelims 2013, question 41: Balance of Payments and External Accounts

The balance of payments of a country is a systematic record of

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EconomyBanking, Credit and Financial InclusionBanking Regulation and Prudential NormsEasy
Question details
Type:
Statement based
Skill:
Concept understanding
Tags:
Banking Regulation and Prudential Norms
Related topics:
RBI Functions, Balance Sheet and Income
2013 · Q42

Prelims 2013, question 42: Banking Regulation and Prudential Norms

The Reserve Bank of India regulates the commercial banks in matters of 1. Liquidity of assets 2. Branch expansion 3. Merger of banks 4. Winding-up of banks Select the correct answer using the codes given below.

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EconomyMoney, RBI and InflationMonetary Policy and Liquidity ManagementEasy
Question details
Type:
Single choice
Skill:
Concept understanding
Tags:
Monetary Policy and Liquidity Management
2013 · Q43

Prelims 2013, question 43: Monetary Policy and Liquidity Management

An increase in the Bank Rate generally indicates that the

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EconomyPublic Finance, Budget and TaxationFiscal Deficits, Public Debt and FRBMEasy
Question details
Type:
Single choice
Skill:
Concept understanding
Tags:
Fiscal Deficits, Public Debt and FRBM
Related topics:
Economic Growth and Development
2013 · Q44

Prelims 2013, question 44: Fiscal Deficits, Public Debt and FRBM

In India, deficit financing is used for raising resources for

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EconomyExternal Sector and International EconomicsBalance of Payments and External AccountsEasy
Question details
Type:
Statement based
Skill:
Concept understanding
Tags:
Balance of Payments and External Accounts
Related topics:
FDI, FPI and External Commercial Finance
2013 · Q56

Prelims 2013, question 56: Balance of Payments and External Accounts

Which of the following constitute Capital Account? 1. Foreign Loans 2. Foreign Direct Investment 3. Private Remittances 4. Portfolio Investment Select the correct answer using the codes given below.

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EconomyMoney, RBI and InflationInflation, Price Indices and Price StabilityEasy
Question details
Type:
Statement based
Skill:
Concept understanding
Tags:
Inflation, Price Indices and Price Stability
Related topics:
Bonds and Debt Instruments
2013 · Q66

Prelims 2013, question 66: Inflation, Price Indices and Price Stability

Consider the following statements : 1. Inflation benefits the debtors. 2. Inflation benefits the bond-holders. Which of the statements given above is/are correct?

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EconomyPopulation, Employment and Human DevelopmentEmployment, Unemployment and Labour Force MeasuresEasy
Question details
Type:
Single choice
Skill:
Concept understanding
Tags:
Employment, Unemployment and Labour Force Measures
2013 · Q67

Prelims 2013, question 67: Employment, Unemployment and Labour Force Measures

Disguised unemployment generally means

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EconomyEconomic Growth, Development and PlanningPlanning, NITI Aayog and Development StrategyMedium
Question details
Type:
Statement based
Skill:
Fact recall
Tags:
Planning, NITI Aayog and Development Strategy
Related topics:
Centre-State Legislative Relations · Devolution, Local Planning and Local Elections
2013 · Q69

Prelims 2013, question 69: Planning, NITI Aayog and Development Strategy

Consider the following statements: 1. National Development Council is an organ of the Planning Commission. 2. The Economic and Social Planning is kept in the Concurrent List in the Constitution of India. 3. The Constitution of India prescribes that Panchayats should be assigned the task of preparation of plans for economic development and social justice. Which of the statements given above is/are correct?

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EconomyMoney, RBI and InflationMoney, Currency and Monetary AggregatesEasy
Question details
Type:
chronology sequence
Skill:
Concept understanding
Tags:
Money, Currency and Monetary Aggregates
2013 · Q74

Prelims 2013, question 74: Money, Currency and Monetary Aggregates

Consider the following liquid assets: 1. Demand deposits with the banks 2. Time deposits with the banks 3. Savings deposits with the banks 4. Currency The correct sequence of these assets in the decreasing order of liquidity is

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EconomyMoney, RBI and InflationMonetary Policy and Liquidity ManagementEasy
Question details
Type:
Single choice
Skill:
Concept understanding
Tags:
Monetary Policy and Liquidity Management
2013 · Q75

Prelims 2013, question 75: Monetary Policy and Liquidity Management

In the context of Indian economy, ‘Open Market Operations’ refers to

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EconomyBanking, Credit and Financial InclusionFinancial Inclusion, Priority Sector and Access to CreditEasy
Question details
Type:
Single choice
Skill:
Fact recall
Tags:
Financial Inclusion, Priority Sector and Access to Credit
Related topics:
Agricultural Credit, Rural Finance and Financial Inclusion
2013 · Q76

Prelims 2013, question 76: Financial Inclusion, Priority Sector and Access to Credit

Priority Sector Lending by banks in India constitutes the lending to

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EconomyPopulation, Employment and Human DevelopmentEducation, Skills and Human CapitalEasy
Question details
Type:
Single choice
Skill:
Concept understanding
Tags:
Education, Skills and Human Capital
Related topics:
Population, Demographic Transition and Dividend
2013 · Q78

Prelims 2013, question 78: Education, Skills and Human Capital

To obtain full benefits of demographic dividend, what should India do?

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EconomyMoney, RBI and InflationInflation, Price Indices and Price StabilityEasy
Question details
Type:
Statement based
Skill:
Concept understanding
Tags:
Inflation, Price Indices and Price Stability
Related topics:
Money Creation, Credit and Monetary Transmission
2013 · Q82

Prelims 2013, question 82: Inflation, Price Indices and Price Stability

A rise in general level of prices may be caused by 1. An increase in the money supply 2. A decrease in the aggregate level of output 3. An increase in the effective demand Select the correct answer using the codes given below.

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EconomyExternal Sector and International EconomicsForeign Exchange Reserves and External StabilityEasy
Question details
Type:
Single choice
Skill:
Fact recall
Tags:
Foreign Exchange Reserves and External Stability
2013 · Q83

Prelims 2013, question 83: Foreign Exchange Reserves and External Stability

Which one of the following groups of items is included in India’s foreign-exchange reserves?

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EconomyPublic Finance, Budget and TaxationFiscal Deficits, Public Debt and FRBMEasy
Question details
Type:
Single choice
Skill:
Concept understanding
Tags:
Fiscal Deficits, Public Debt and FRBM
Related topics:
Inflation, Price Indices and Price Stability · Money Creation, Credit and Monetary Transmission
2013 · Q84

Prelims 2013, question 84: Fiscal Deficits, Public Debt and FRBM

Which one of the following is likely to be the most inflationary in its effect?

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EconomyMoney, RBI and InflationMoney, Currency and Monetary AggregatesEasy
Question details
Type:
Single choice
Skill:
Concept understanding
Tags:
Money, Currency and Monetary Aggregates
Related topics:
Monetary Policy and Liquidity Management
2013 · Q85

Prelims 2013, question 85: Money, Currency and Monetary Aggregates

Supply of money remaining the same when there is an increase in demand for money, there will be

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EconomyEconomic Growth, Development and PlanningEconomic Growth and DevelopmentEasy
Question details
Type:
Single choice
Skill:
Concept understanding
Tags:
Economic Growth and Development
Related topics:
Savings, Investment and Capital Formation
2013 · Q92

Prelims 2013, question 92: Economic Growth and Development

Economic growth in country X will necessarily have to occur if

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EconomyEconomic Growth, Development and PlanningPlanning, NITI Aayog and Development StrategyEasy
Question details
Type:
Statement based
Skill:
Fact recall
Tags:
Planning, NITI Aayog and Development Strategy
Related topics:
Statutory and Non-Constitutional Bodies
2013 · Q98

Prelims 2013, question 98: Planning, NITI Aayog and Development Strategy

Who among the following constitute the National Development Council? 1. The Prime Minister 2. The Chairman, Finance Commission 3. Ministers of the Union Cabinet 4. Chief Ministers of the States Select the correct answer using the codes given below:

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EconomyEconomic Concepts and National IncomeGDP, GVA and National Income AccountingEasy
Question details
Type:
Single choice
Skill:
Concept understanding
Tags:
GDP, GVA and National Income Accounting
2013 · Q99

Prelims 2013, question 99: GDP, GVA and National Income Accounting

The national income of a country for a given period is equal to the

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