UPSC Prelims Previous Year Questions

EconomyPopulation, Employment and Human DevelopmentHealth, Nutrition and Human Development IndicatorsMedium

Question details

Type:: Statement based
Skill:: Fact recall
Tags:: Health, Nutrition and Human Development Indicators · Which of the following is/are the indicator/indicators used by IFPRI to compute the Global Hunger Index Report?
Related topics:: Global Health Diplomacy

Classification and difficulty are editorial labels. Explanations are awaiting review.

2016 · Q2

Which of the following is/are the indicator/indicators used by IFPRI to compute the Global Hunger Index Report? 1. Undernourishment 2. Child stunting 3. Child mortality Select the correct answer using the code given below.

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EconomyPublic Finance, Budget and TaxationFiscal Deficits, Public Debt and FRBMMedium

Question details

Type:: Statement based
Skill:: Concept understanding
Tags:: Fiscal Deficits, Public Debt and FRBM · There has been a persistent deficit budget year after year. Which action/actions of the following can be taken by the Government to reduce the deficit?
Related topics:: Subsidies, Public Expenditure and Fiscal Policy

Classification and difficulty are editorial labels. Explanations are awaiting review.

2016 · Q3

There has been a persistent deficit budget year after year. Which action/actions of the following can be taken by the Government to reduce the deficit? 1. Reducing revenue expenditure 2. Introducing new welfare schemes 3. Rationalizing subsidies 4. Reducing import duty Select the correct answer using the code given below.

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EconomyBanking, Credit and Financial InclusionBank Types, Structure and Differentiated BanksMedium

Question details

Type:: Statement based
Skill:: Concept understanding
Tags:: Bank Types, Structure and Differentiated Banks · The establishment of 'Payment Banks' is being allowed in India to promote financial inclusion. Which of the following statements is/are correct in this context?
Related topics:: Financial Inclusion, Priority Sector and Access to Credit · Digital Financial Infrastructure and Inclusion

Classification and difficulty are editorial labels. Explanations are awaiting review.

2016 · Q4

The establishment of 'Payment Banks' is being allowed in India to promote financial inclusion. Which of the following statements is/are correct in this context? 1. Mobile telephone companies and supermarket chains that are owned and controlled by residents are eligible to be promoters of Payment Banks. 2. Payment Banks can issue both credit cards and debit cards. 3. Payment Banks cannot undertake lending activities. Select the correct answer using the code given below.

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EconomyIndustry, Infrastructure and ServicesEnergy Infrastructure and MarketsEasy

Question details

Type:: Single choice
Skill:: Fact recall
Tags:: Energy Infrastructure and Markets · Which one of the following is a purpose of 'UDAY', a scheme of the Government?
Related topics:: NPAs, Insolvency and Resolution

Classification and difficulty are editorial labels. Explanations are awaiting review.

2016 · Q7

Which one of the following is a purpose of 'UDAY', a scheme of the Government?

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EconomyFinancial Markets and InvestmentBonds and Debt InstrumentsMedium

Question details

Type:: Statement based
Skill:: Concept understanding
Tags:: Bonds and Debt Instruments · With reference to 'IFC Masala Bonds', sometimes seen in the news, which of the statements given below is/are correct?
Related topics:: Exchange Rates and Currency Management · International Financial and Development Institutions

Classification and difficulty are editorial labels. Explanations are awaiting review.

2016 · Q8

With reference to 'IFC Masala Bonds', sometimes seen in the news, which of the statements given below is/are correct? 1. The International Finance Corporation, which offers these bonds, is an arm of the World Bank. 2. They are the rupee-denominated bonds and are a source of debt financing for the public and private sector. Select the correct answer using the code given below.

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EconomyExternal Sector and International EconomicsForeign Trade, Trade Policy and WTOEasy

Question details

Type:: Single choice
Skill:: Concept understanding
Tags:: Foreign Trade, Trade Policy and WTO · In the context of which of the following do you sometimes find the terms 'amber box, blue box and green box' in the news?
Related topics:: Input Subsidies and Production Support

Classification and difficulty are editorial labels. Explanations are awaiting review.

2016 · Q11

In the context of which of the following do you sometimes find the terms 'amber box, blue box and green box' in the news?

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EconomyPublic Finance, Budget and TaxationGovernment Budget, Receipts and ExpenditureMedium

Question details

Type:: Statement based
Skill:: Concept understanding
Tags:: Government Budget, Receipts and Expenditure · Which of the following is/are included in the capital budget of the Government of India?
Related topics:: Centre-State Administrative and Financial Relations

Classification and difficulty are editorial labels. Explanations are awaiting review.

2016 · Q12

Which of the following is/are included in the capital budget of the Government of India? 1. Expenditure on acquisition of assets like roads, buildings, machinery, etc. 2. Loans received from foreign governments 3. Loans and advances granted to the States and Union Territories Select the correct answer using the code given below.

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EconomyExternal Sector and International EconomicsInternational Financial and Development InstitutionsEasy

Question details

Type:: Single choice
Skill:: Fact recall
Tags:: International Financial and Development Institutions · Recently, which one of the following currencies has been proposed to be added to the basket of IMF's SDR?
Related topics:: Exchange Rates and Currency Management

Classification and difficulty are editorial labels. Explanations are awaiting review.

2016 · Q14

Recently, which one of the following currencies has been proposed to be added to the basket of IMF's SDR?

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EconomyExternal Sector and International EconomicsInternational Financial and Development InstitutionsMedium

Question details

Type:: Statement based
Skill:: Concept understanding
Tags:: International Financial and Development Institutions · With reference to the International Monetary and Financial Committee (IMFC), consider the following statements :

Classification and difficulty are editorial labels. Explanations are awaiting review.

2016 · Q15

With reference to the International Monetary and Financial Committee (IMFC), consider the following statements : 1. IMFC discusses matters of concern affecting the global economy, and advises the International Monetary Fund (IMF) on the direction of its work. 2. The World Bank participates as observer in IMFC's meetings. Which of the statements given above is/are correct?

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EconomyExternal Sector and International EconomicsForeign Exchange Reserves and External StabilityEasy

Question details

Type:: Single choice
Skill:: Concept understanding
Tags:: Foreign Exchange Reserves and External Stability · Which of the following best describes the term 'import cover', sometimes seen in the news?

Classification and difficulty are editorial labels. Explanations are awaiting review.

2016 · Q18

Which of the following best describes the term 'import cover', sometimes seen in the news?

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EconomyBanking, Credit and Financial InclusionFinancial Inclusion, Priority Sector and Access to CreditMedium

Question details

Type:: Statement based
Skill:: Connecting topics
Tags:: Financial Inclusion, Priority Sector and Access to Credit · With reference to 'Stand Up India Scheme', which of the following statements is/are correct?
Related topics:: NBFCs, Cooperative Credit and Shadow Banking · Social Justice, Inclusion and Vulnerable Groups

Classification and difficulty are editorial labels. Explanations are awaiting review.

2016 · Q26

With reference to 'Stand Up India Scheme', which of the following statements is/are correct? 1. Its purpose is to promote entrepreneurship among SC/ST and women entrepreneurs. 2. It provides for refinance through SIDBI. Select the correct answer using the code given below.

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EconomyDigital Economy and FinTechDigital Financial Infrastructure and InclusionMedium

Question details

Type:: Statement based
Skill:: Concept understanding
Tags:: Digital Financial Infrastructure and Inclusion · The term 'Core Banking Solutions' is sometimes seen in the news. Which of the following statements best describes/describe this term?
Related topics:: Banking Regulation and Prudential Norms

Classification and difficulty are editorial labels. Explanations are awaiting review.

2016 · Q29

The term 'Core Banking Solutions' is sometimes seen in the news. Which of the following statements best describes/describe this term? 1. It is a networking of a bank's branches which enables customers to operate their accounts from any branch of the bank on its network regardless of where they open their accounts. 2. It is an effort to increase RBI's control over commercial banks through computerization. 3. It is a detailed procedure by which a bank with huge non-performing assets is taken over by another bank. Select the correct answer using the code given below.

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EconomyGreen and Sustainable EconomyRenewable Energy Economics and PolicyEasy

Question details

Type:: Single choice
Skill:: Concept understanding
Tags:: Renewable Energy Economics and Policy · 'Net metering' is sometimes seen in the news in the context of promoting the
Related topics:: Solar, Wind and Renewable-Energy Technologies

Classification and difficulty are editorial labels. Explanations are awaiting review.

2016 · Q36

'Net metering' is sometimes seen in the news in the context of promoting the

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EconomyIndustry, Infrastructure and ServicesIndustrial Policy, Manufacturing and MSMEsEasy

Question details

Type:: Single choice
Skill:: Fact recall
Tags:: Industrial Policy, Manufacturing and MSMEs · India's ranking in the 'Ease of Doing Business Index' is sometimes seen in the news. Which of the following has declared that ranking?
Related topics:: International Financial and Development Institutions

Classification and difficulty are editorial labels. Explanations are awaiting review.

2016 · Q37

India's ranking in the 'Ease of Doing Business Index' is sometimes seen in the news. Which of the following has declared that ranking?

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EconomyMoney, RBI and InflationMoney Creation, Credit and Monetary TransmissionMedium

Question details

Type:: Statement based
Skill:: Concept understanding
Tags:: Money Creation, Credit and Monetary Transmission · What is/are the purpose/purposes of the 'Marginal Cost of Funds based Lending Rate (MCLR)' announced by RBI?
Related topics:: Banking Regulation and Prudential Norms

Classification and difficulty are editorial labels. Explanations are awaiting review.

2016 · Q43

What is/are the purpose/purposes of the 'Marginal Cost of Funds based Lending Rate (MCLR)' announced by RBI? 1. These guidelines help improve the transparency in the methodology followed by banks for determining the interest rates on advances. 2. These guidelines help ensure availability of bank credit at interest rates which are fair to the borrowers as well as the banks. Select the correct answer using the code given below.

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EconomyBanking, Credit and Financial InclusionDeposit Insurance and Financial StabilityMedium

Question details

Type:: Statement based
Skill:: Concept understanding
Tags:: Deposit Insurance and Financial Stability · With reference to 'Financial Stability and Development Council', consider the following statements :
Related topics:: Banking Regulation and Prudential Norms

Classification and difficulty are editorial labels. Explanations are awaiting review.

2016 · Q56

With reference to 'Financial Stability and Development Council', consider the following statements : 1. It is an organ of NITI Aayog. 2. It is headed by the Union Finance Minister. 3. It monitors macroprudential supervision of the economy. Which of the statements given above is/are correct?

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EconomyPublic Finance, Budget and TaxationDirect Taxes and Income TaxEasy

Question details

Type:: Single choice
Skill:: Concept understanding
Tags:: Direct Taxes and Income Tax · The term 'Base Erosion and Profit Shifting' is sometimes seen in the news in the context of

Classification and difficulty are editorial labels. Explanations are awaiting review.

2016 · Q60

The term 'Base Erosion and Profit Shifting' is sometimes seen in the news in the context of

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EconomyIndustry, Infrastructure and ServicesIndustrial Policy, Manufacturing and MSMEsEasy

Question details

Type:: Single choice
Skill:: Fact recall
Tags:: Industrial Policy, Manufacturing and MSMEs · Recently, India's first 'National Investment and Manufacturing Zone' was proposed to be set up in
Related topics:: States, Union Territories and Administrative Geography

Classification and difficulty are editorial labels. Explanations are awaiting review.

2016 · Q61

Recently, India's first 'National Investment and Manufacturing Zone' was proposed to be set up in

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EconomyIndustry, Infrastructure and ServicesMining, Critical Minerals and Mineral PolicyMedium

Question details

Type:: Statement based
Skill:: Concept understanding
Tags:: Mining, Critical Minerals and Mineral Policy · What is/are the purpose/purposes of 'District Mineral Foundations' in India?
Related topics:: Mineral Resources of India · Social Justice, Inclusion and Vulnerable Groups

Classification and difficulty are editorial labels. Explanations are awaiting review.

2016 · Q62

What is/are the purpose/purposes of 'District Mineral Foundations' in India? 1. Promoting mineral exploration activities in mineral-rich districts 2. Protecting the interests of the persons affected by mining operations 3. Authorizing State Governments to issue licences for mineral exploration Select the correct answer using the code given below.

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EconomyPopulation, Employment and Human DevelopmentEducation, Skills and Human CapitalEasy

Question details

Type:: Single choice
Skill:: Fact recall
Tags:: Education, Skills and Human Capital · 'SWAYAM', an initiative of the Government of India, aims at
Related topics:: E-Governance and Digital Public Infrastructure

Classification and difficulty are editorial labels. Explanations are awaiting review.

2016 · Q63

'SWAYAM', an initiative of the Government of India, aims at

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EconomyDigital Economy and FinTechCBDC, Crypto-assets and Digital CurrencyMedium

Question details

Type:: Statement based
Skill:: Concept understanding
Tags:: CBDC, Crypto-assets and Digital Currency · With reference to 'Bitcoins', sometimes seen in the news, which of the following statements is/are correct?
Related topics:: Blockchain and Distributed Ledger Technologies

Classification and difficulty are editorial labels. Explanations are awaiting review.

2016 · Q66

With reference to 'Bitcoins', sometimes seen in the news, which of the following statements is/are correct? 1. Bitcoins are tracked by the Central Banks of the countries. 2. Anyone with a Bitcoin address can send and receive Bitcoins from anyone else with a Bitcoin address. 3. Online payments can be sent without either side knowing the identity of the other. Select the correct answer using the code given below.

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EconomyExternal Sector and International EconomicsInternational Financial and Development InstitutionsMedium

Question details

Type:: Statement based
Skill:: Fact recall
Tags:: International Financial and Development Institutions · Consider the following statements :
Related topics:: BRICS, IBSA and Emerging-Power Forums

Classification and difficulty are editorial labels. Explanations are awaiting review.

2016 · Q67

Consider the following statements : 1. New Development Bank has been set up by APEC. 2. The headquarters of New Development Bank is in Shanghai. Which of the statements given above is/are correct?

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EconomyFinancial Markets and InvestmentBonds and Debt InstrumentsMedium

Question details

Type:: Statement based
Skill:: Concept understanding
Tags:: Bonds and Debt Instruments · What is/are the purpose/purposes of Government's 'Sovereign Gold Bond Scheme' and 'Gold Monetization Scheme'?
Related topics:: Foreign Exchange Reserves and External Stability

Classification and difficulty are editorial labels. Explanations are awaiting review.

2016 · Q71

What is/are the purpose/purposes of Government's 'Sovereign Gold Bond Scheme' and 'Gold Monetization Scheme'? 1. To bring the idle gold lying with Indian households into the economy 2. To promote FDI in the gold and jewellery sector 3. To reduce India's dependence on gold imports Select the correct answer using the code given below.

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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 · Pradhan Mantri MUDRA Yojana is aimed at
Related topics:: NBFCs, Cooperative Credit and Shadow Banking

Classification and difficulty are editorial labels. Explanations are awaiting review.

2016 · Q73

Pradhan Mantri MUDRA Yojana is aimed at

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EconomyExternal Sector and International EconomicsInternational Financial and Development InstitutionsEasy

Question details

Type:: Single choice
Skill:: Fact recall
Tags:: International Financial and Development Institutions · 'Global Financial Stability Report' is prepared by the
Related topics:: Deposit Insurance and Financial Stability

Classification and difficulty are editorial labels. Explanations are awaiting review.

2016 · Q75

'Global Financial Stability Report' is prepared by the

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EconomyBanking, Credit and Financial InclusionFinancial Inclusion, Priority Sector and Access to CreditMedium

Question details

Type:: Statement based
Skill:: Concept understanding
Tags:: Financial Inclusion, Priority Sector and Access to Credit · Regarding 'Atal Pension Yojana', which of the following statements is/are correct?
Related topics:: Labour Markets, Wages and Informal Work · Social Justice, Inclusion and Vulnerable Groups

Classification and difficulty are editorial labels. Explanations are awaiting review.

2016 · Q76

Regarding 'Atal Pension Yojana', which of the following statements is/are correct? 1. It is a minimum guaranteed pension scheme mainly targeted at unorganized sector workers. 2. Only one member of a family can join the scheme. 3. Same amount of pension is guaranteed for the spouse for life after subscriber's death. Select the correct answer using the code given below.

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EconomyExternal Sector and International EconomicsInternational Financial and Development InstitutionsEasy

Question details

Type:: Single choice
Skill:: Concept understanding
Tags:: International Financial and Development Institutions · 'European Stability Mechanism', sometimes seen in the news, is an
Related topics:: Regional Economic Integration and Economic Blocs

Classification and difficulty are editorial labels. Explanations are awaiting review.

2016 · Q82

'European Stability Mechanism', sometimes seen in the news, is an

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Themes in Economy· 11

PYQs on Economy

Prelims 2016

Economy

Themes in Economy· 11

PYQs on Economy

Prelims 2016

Prelims 2016, question 2: Health, Nutrition and Human Development Indicators

Prelims 2016, question 3: Fiscal Deficits, Public Debt and FRBM

Prelims 2016, question 4: Bank Types, Structure and Differentiated Banks

Prelims 2016, question 7: Energy Infrastructure and Markets

Prelims 2016, question 8: Bonds and Debt Instruments

Prelims 2016, question 11: Foreign Trade, Trade Policy and WTO

Prelims 2016, question 12: Government Budget, Receipts and Expenditure

Prelims 2016, question 14: International Financial and Development Institutions

Prelims 2016, question 15: International Financial and Development Institutions

Prelims 2016, question 18: Foreign Exchange Reserves and External Stability

Prelims 2016, question 26: Financial Inclusion, Priority Sector and Access to Credit

Prelims 2016, question 29: Digital Financial Infrastructure and Inclusion

Prelims 2016, question 36: Renewable Energy Economics and Policy

Prelims 2016, question 37: Industrial Policy, Manufacturing and MSMEs

Prelims 2016, question 43: Money Creation, Credit and Monetary Transmission

Prelims 2016, question 56: Deposit Insurance and Financial Stability

Prelims 2016, question 60: Direct Taxes and Income Tax

Prelims 2016, question 61: Industrial Policy, Manufacturing and MSMEs

Prelims 2016, question 62: Mining, Critical Minerals and Mineral Policy

Prelims 2016, question 63: Education, Skills and Human Capital

Prelims 2016, question 66: CBDC, Crypto-assets and Digital Currency

Prelims 2016, question 67: International Financial and Development Institutions

Prelims 2016, question 71: Bonds and Debt Instruments

Prelims 2016, question 73: Financial Inclusion, Priority Sector and Access to Credit

Prelims 2016, question 75: International Financial and Development Institutions

Prelims 2016, question 76: Financial Inclusion, Priority Sector and Access to Credit

Prelims 2016, question 82: International Financial and Development Institutions