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Economy

270 PYQs · Asked in 16 of 16 years · Free practice

PYQs on Economy 17 PYQs from 2017

Prelims 2017

17 questions
EconomyPopulation, Employment and Human DevelopmentEducation, Skills and Human Capital2017 · Q3

'Recognition of Prior Learning Scheme' is sometimes mentioned in the news with reference to

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EconomyEconomic Growth, Development and PlanningInclusive Growth and Inequality2017 · Q9

Which of the following gives 'Global Gender Gap Index' ranking to the countries of the world?

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EconomyMoney, RBI and InflationMonetary Policy and Liquidity Management2017 · Q11

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 the correct answer using the code given below:

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EconomyPopulation, Employment and Human DevelopmentHealth, Nutrition and Human Development Indicators2017 · Q23

Which of the following are the objectives of ‘National Nutrition Mission’? 1. To create awareness relating to malnutrition among pregnant women and lactating mothers. 2. To reduce the incidence of anaemia among young children, adolescent girls and women. 3. To promote the consumption of millets, coarse cereals and unpolished rice. 4. To promote the consumption of poultry eggs. Select the correct answer using the code given below:

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EconomyGreen and Sustainable EconomyRenewable Energy Economics and Policy2017 · Q27

The term ‘Domestic Content Requirement’ is sometimes seen in the news with reference to

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EconomyBanking, Credit and Financial InclusionFinancial Inclusion, Priority Sector and Access to Credit2017 · Q29

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

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EconomyBanking, Credit and Financial InclusionBank Types, Structure and Differentiated Banks2017 · Q40

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 the correct answer using the code given below:

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EconomyDigital Economy and FinTechUPI, Cross-Border Payments and Remittances2017 · Q43

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

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EconomyIndustry, Infrastructure and ServicesInfrastructure Finance, PPPs and Investment Models2017 · Q55

With reference to ‘National Investment and Infrastructure Fund’, which of the following statements is/are correct? 1. It is an organ of NITI Aayog. 2. It has a corpus of ₹ 4,00,000 crore at present. Select the correct answer using the code given below:

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EconomyPopulation, Employment and Human DevelopmentEducation, Skills and Human Capital2017 · Q61

With reference to ‘National Skills Qualification Framework (NSQF)’, which of the statements given below is/are correct? 1. Under NSQF, a learner can acquire the certification for competency only through formal learning. 2. An outcome expected from the implementation of NSQF is the mobility between vocational and general education. Select the correct answer using the code given below:

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EconomyPopulation, Employment and Human DevelopmentEmployment, Unemployment and Labour Force Measures2017 · Q63

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. Which of the above statements is/are correct?

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EconomyBanking, Credit and Financial InclusionNPAs, Insolvency and Resolution2017 · Q64

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

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EconomyEconomic Growth, Development and PlanningLiberalisation, Privatisation and Globalisation2017 · Q77

Which of the following has/have occurred in India after its liberalization of economic policies in 1991? 1. Share of agriculture in GDP increased enormously. 2. Share of India’s exports in world trade increased. 3. FDI inflows increased. 4. India’s foreign exchange reserves increased enormously. Select the correct answer using the codes given below:

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EconomyDigital Economy and FinTechDigital Payments and Settlement Systems2017 · Q79

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. Which of the statements given above is/are correct?

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EconomyPublic Finance, Budget and TaxationIndirect Taxes, GST and Customs2017 · Q81

What is/are the most likely advantages of implementing ‘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 economy of India and will enable it to overtake China in the near future. Select the correct answer using the code given below:

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EconomyPopulation, Employment and Human DevelopmentEducation, Skills and Human Capital2017 · Q88

What is the purpose of ‘Vidyanjali Yojana’? 1. To enable the famous foreign educational institutions to open their campuses in India. 2. To increase the quality of education provided in government schools by taking help from the private sector and the community. 3. To encourage voluntary monetary contributions from private individuals and organizations so as to improve the infrastructure facilities for primary and secondary schools. Select the correct answer using the code given below:

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EconomyPublic Finance, Budget and TaxationFiscal Deficits, Public Debt and FRBM2017 · Q94

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. Which of the statements given above is/are correct?

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