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Economy

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

PYQs on Economy

18 PYQs from 2022
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Prelims 2022

18 questions
EconomyExternal Sector and International EconomicsInternational Financial and Development InstitutionsEasy (editorial estimate)
Question details
Type:
Single choice
Skill:
Fact recall
Tags:
IMF financing windows · International Financial and Development Institutions

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

2022 · Q1

Prelims 2022, question 1: International Financial and Development Institutions

"Rapid Financing Instrument" and "Rapid Credit Facility" are related to the provisions of lending by which one of the following?

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EconomyExternal Sector and International EconomicsExchange Rates and Currency ManagementMedium (editorial estimate)
Question details
Type:
Statement based
Skill:
Fact recall
Tags:
effective exchange rates · Exchange Rates and Currency Management
Related topics:
Foreign Trade, Trade Policy and WTO

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

2022 · Q2

Prelims 2022, question 2: Exchange Rates and Currency Management

With reference to the Indian economy, consider the following statements: 1. An increase in Nominal Effective Exchange Rate (NEER) indicates the appreciation of rupee. 2. An increase in the Real Effective Exchange Rate (REER) indicates an improvement in trade competitiveness. 3. An increasing trend in domestic inflation relative to inflation in other countries is likely to cause an increasing divergence between NEER and REER. Which of the above statements are correct?

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EconomyMoney, RBI and InflationMonetary Policy and Liquidity ManagementMedium (editorial estimate)
Question details
Type:
Statement based
Skill:
Fact recall
Tags:
RBI monetary and currency intervention · Monetary Policy and Liquidity Management
Related topics:
Exchange Rates and Currency Management

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

2022 · Q3

Prelims 2022, question 3: Monetary Policy and Liquidity Management

With reference to the Indian economy, consider the following statements: 1. If the inflation is too high, Reserve Bank of India (RBI) is likely to buy government securities. 2. If the rupee is rapidly depreciating, RBI is likely to sell dollars in the market. 3. If interest rates in the USA or European Union were to fall, that is likely to induce RBI to buy dollars. Which of the statements given above are correct?

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EconomyExternal Sector and International EconomicsInternational Financial and Development InstitutionsMedium (editorial estimate)
Question details
Type:
Statement based
Skill:
Connecting topics
Tags:
G20 Common Framework debt treatment · International Financial and Development Institutions
Related topics:
Fiscal Deficits, Public Debt and FRBM · G20, G7 and Global Summit Forums

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

2022 · Q4

Prelims 2022, question 4: International Financial and Development Institutions

With reference to the "G20 Common Framework", consider the following statements: 1. It is an initiative endorsed by the G20 together with the Paris Club. 2. It is an initiative to support Low Income Countries with unsustainable debt. Which of the statements given above is/are correct?

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EconomyFinancial Markets and InvestmentBonds and Debt InstrumentsMedium (editorial estimate)
Question details
Type:
Statement based
Skill:
Fact recall
Tags:
inflation-indexed bonds · Bonds and Debt Instruments
Related topics:
Inflation, Price Indices and Price Stability

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

2022 · Q5

Prelims 2022, question 5: Bonds and Debt Instruments

With reference to the Indian economy, what are the advantages of "Inflation-Indexed Bonds (IIBs)"? 1. Government can reduce the coupon rates on its borrowing by way of IIBs. 2. IIBs provide protection to the investors from uncertainty regarding inflation. 3. The interest received as well as capital gains on IIBs are not taxable. Which of the statements given above are correct?

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EconomyExternal Sector and International EconomicsFDI, FPI and External Commercial FinanceMedium (editorial estimate)
Question details
Type:
Statement based
Skill:
Fact recall
Tags:
FDI restrictions for e-commerce · FDI, FPI and External Commercial Finance
Related topics:
Services, Tourism and the Platform Economy

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

2022 · Q6

Prelims 2022, question 6: FDI, FPI and External Commercial Finance

With reference to foreign-owned e-commerce firms operating in India, which of the following statements is/are correct? 1. They can sell their own goods in addition to offering their platforms as market-places. 2. The degree to which they can own big sellers on their platforms is limited. Select the correct answer using the code given below:

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EconomyEconomic Concepts and National IncomeSectors and Classification of Economic ActivitiesMedium (editorial estimate)
Question details
Type:
Statement based
Skill:
Fact recall
Tags:
real and financial sectors · Sectors and Classification of Economic Activities
Related topics:
Money, Currency and Monetary Aggregates

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

2022 · Q7

Prelims 2022, question 7: Sectors and Classification of Economic Activities

Which of the following activities constitute real sector in the economy? 1. Farmers harvesting their crops 2. Textile mills converting raw cotton into fabrics 3. A commercial bank lending money to a trading company 4. A corporate body issuing Rupee Denominated Bonds overseas Select the correct answer using the code given below:

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EconomyPublic Finance, Budget and TaxationDirect Taxes and Income TaxEasy (editorial estimate)
Question details
Type:
Single choice
Skill:
Fact recall
Tags:
indirect-transfer taxation · Direct Taxes and Income Tax

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

2022 · Q8

Prelims 2022, question 8: Direct Taxes and Income Tax

Which one of the following situations best reflects "Indirect Transfers" often talked about in media recently with reference to India?

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EconomyFinancial Markets and InvestmentCorporate Finance, Governance and DisclosuresMedium (editorial estimate)
Question details
Type:
Statement based
Skill:
Fact recall
Tags:
capital expenditure and corporate finance · Corporate Finance, Governance and Disclosures
Related topics:
Government Budget, Receipts and Expenditure

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

2022 · Q9

Prelims 2022, question 9: Corporate Finance, Governance and Disclosures

With reference to the expenditure made by an organisation or a company, which of the following statements is/are correct? 1. Acquiring new technology is capital expenditure. 2. Debt financing is considered capital expenditure, while equity financing is considered revenue expenditure. Select the correct answer using the code given below:

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EconomyPublic Finance, Budget and TaxationFiscal Deficits, Public Debt and FRBMMedium (editorial estimate)
Question details
Type:
Statement based
Skill:
Fact recall
Tags:
public borrowing instruments · Fiscal Deficits, Public Debt and FRBM
Related topics:
Bonds and Debt Instruments

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

2022 · Q10

Prelims 2022, question 10: Fiscal Deficits, Public Debt and FRBM

With reference to the Indian economy, consider the following statements: 1. A share of the household financial savings goes towards government borrowings. 2. Dated securities issued at market-related rates in auctions form a large component of internal debt. Which of the above statements is/are correct?

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EconomyFinancial Markets and InvestmentMarket Regulation and Investor ProtectionMedium (editorial estimate)
Question details
Type:
Statement based
Skill:
Fact recall
Tags:
credit-rating agencies · Market Regulation and Investor Protection

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

2022 · Q63

Prelims 2022, question 63: Market Regulation and Investor Protection

Consider the following statements: 1. In India, credit rating agencies are regulated by Reserve Bank of India. 2. The rating agency popularly known as ICRA is a public limited company. 3. Brickwork Ratings is an Indian credit rating agency. Which of the statements given above are correct?

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EconomyBanking, Credit and Financial InclusionBanking Regulation and Prudential NormsMedium (editorial estimate)
Question details
Type:
Statement based
Skill:
Fact recall
Tags:
Banks Board Bureau · Banking Regulation and Prudential Norms
Related topics:
Statutory and Non-Constitutional Bodies

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

2022 · Q64

Prelims 2022, question 64: Banking Regulation and Prudential Norms

With reference to the 'Banks Board Bureau (BBB)', which of the following statements are correct? 1. The Governor of RBI is the Chairman of BBB. 2. BBB recommends for the selection of heads for Public Sector Banks. 3. BBB helps the Public Sector Banks in developing strategies and capital raising plans. Select the correct answer using the code given below:

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EconomyFinancial Markets and InvestmentBonds and Debt InstrumentsMedium (editorial estimate)
Question details
Type:
Statement based
Skill:
Fact recall
Tags:
convertible bonds · Bonds and Debt Instruments
Related topics:
Equity Markets, Shares and Ownership

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

2022 · Q65

Prelims 2022, question 65: Bonds and Debt Instruments

With reference to Convertible Bonds, consider the following statements: 1. As there is an option to exchange the bond for equity, Convertible Bonds pay a lower rate of interest. 2. The option to convert to equity affords the bondholder a degree of indexation to rising consumer prices. Which of the statements given above is/are correct?

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EconomyEconomic Growth, Development and PlanningEconomic Growth and DevelopmentMedium (editorial estimate)
Question details
Type:
Statement based
Skill:
Fact recall
Tags:
Vietnam economy and state · Economic Growth and Development
Related topics:
National Interest, Power and the International System

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

2022 · Q67

Prelims 2022, question 67: Economic Growth and Development

Consider the following statements: 1. Vietnam has been one of the fastest growing economies in the world in the recent years. 2. Vietnam is led by a multi-party political system. 3. Vietnam's economic growth is linked to its integration with global supply chains and focus on exports. 4. For a long time Vietnam's low labour costs and stable exchange rates have attracted global manufacturers. 5. Vietnam has the most productive e-service sector in the Indo-Pacific region. Which of the statements given above are correct?

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EconomyMoney, RBI and InflationMonetary Policy and Liquidity ManagementEasy (editorial estimate)
Question details
Type:
Single choice
Skill:
Fact recall
Tags:
RBI price stability · Monetary Policy and Liquidity Management
Related topics:
Inflation, Price Indices and Price Stability

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

2022 · Q68

Prelims 2022, question 68: Monetary Policy and Liquidity Management

In India, which one of the following is responsible for maintaining price stability by controlling inflation?

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EconomyPopulation, Employment and Human DevelopmentLabour Markets, Wages and Informal WorkEasy (editorial estimate)
Question details
Type:
Single choice
Skill:
Fact recall
Tags:
labour-dispute statistics · Labour Markets, Wages and Informal Work
Related topics:
Ministries, Departments, Boards and Executive Agencies

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

2022 · Q71

Prelims 2022, question 71: Labour Markets, Wages and Informal Work

In India, which one of the following compiles information on industrial disputes, closures, retrenchments and lay-offs in factories employing workers?

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EconomyIndustry, Infrastructure and ServicesMining, Critical Minerals and Mineral PolicyMedium (editorial estimate)
Question details
Type:
Statement based
Skill:
Fact recall
Tags:
Coal Controller · Mining, Critical Minerals and Mineral Policy
Related topics:
Ministries, Departments, Boards and Executive Agencies

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

2022 · Q72

Prelims 2022, question 72: Mining, Critical Minerals and Mineral Policy

In India, what is the role of the Coal Controller’s Organization (CCO)? 1. CCO is the major source of Coal Statistics in Government of India. 2. It monitors progress of development of Captive Coal/Lignite blocks. 3. It hears any objection to the Government’s notification relating to acquisition of coal-bearing areas. 4. It ensures that coal mining companies deliver the coal to end users in the prescribed time. Select the correct answer using the code given below:

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EconomyGreen and Sustainable EconomyESG, BRSR and Sustainable FinanceEasy (editorial estimate)
Question details
Type:
Single choice
Skill:
Fact recall
Tags:
greenwashing · ESG, BRSR and Sustainable Finance
Related topics:
Sustainable Development Goals, Consumption, Production and EPR

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

2022 · Q80

Prelims 2022, question 80: ESG, BRSR and Sustainable Finance

Which one of the following best describes the term “greenwashing”?

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