Dns Economy Bits

D N S MCQs INDIAN ECONOMY AND ECONOMIC DEVELOPMENT Q1)

Consider the following statements: 1.

Urban Co-operative Banks are regulated only by Reserve Bank of India.

2.

Small Finance Banks are regulated only by Reserve bank of India.

3.

Small Finance Banks supply credit to small business units

(d) Q4)

A rapid increase in rate of inflation is sometimes attributed to the 'base effect'. What is 'base effect'? (a) It is the impact of drastic deficiency in supply due to failure of crops (b) It is the impact of the surge in demand due to rapid economic growth (c) It is the impact of the price levels of previous year on the calculation of inflation rate (d) None of the statements (a), (b) and (c) given above is correct in the context

Q5)

Which of the following statement/s on Bharat-22 ETF is/are correct?

Which of the statements give above is/are correct? (a) (b) (c) (d) Q2)

Q3)

1 and 2 2 and 3 1 and 3 1, 2 and 3

AISAM, which has been recently in news, has which of the following objectives? (a) It is a mechanism to discuss disinvestment alternatives of Air India (b) It is a pan Indian students' body for the conduct of timely elections in colleges/universities (c) It is a mechanism to discuss the problems of tobacco growers (d) It is a body to regulate trade between India and other SAARC countries

Prime Minister is the Ex-Officio Chairperson of the Monetary Policy Committee.

2.

The current mandate of the committee is to maintain 4% annual inflation until March 31, 2021.

Which of the above statement(s) is/are CORRECT? (a) (b) (c)

1 only 2 only Both 1 and 2

1.

Bharat-22 is an ETF consisting of shares of 22 Public Sector companies that have been accorded the status of "Maharatna" companies

2.

This ETF is managed by State Bank of India to ensure their disinvestment

Select the correct answer from the codes given below: (a) (b) (c) (d)

Consider the following statements: 1.

Neither 1 nor 2

Q6)

1 only 2 only Both 1 and 2 Neither 1 nor 2

The "Generalized System of preferences" is related to which of the following organisations? (a) UNEP (b) UNHRC (c) WTO (d) UNESCO

RAU’S IAS DNS QUESTIONS| INDIAN ECONOMY AND ECONOMIC DEVELOPMENT

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Q7)

Which of the following is/are correctly matched? 1.

Cash Reserve Ratio - Banks need to hold some portion of their deposits in cash with the RBI

2.

Depreciation is a decrease in the currency's value due to market forces

2.

Statutory Liquidity Ratio - Banks have to maintain certain portion of their deposits with themselves

3.

Devaluation is intended for boosting exports and to reduce the trade deficit.

Select the correct answer from the codes given below:

Which of the statements given above is/are correct?

(a) (b) (c) (d)

(a) (b) (c) (d)

1 only 2 only Both 1 and 2 Neither 1 nor 2

Q8)

Sunil Mehta Committee can be related to which of the following? (a) Disinvestment of Air India (b) Privatization of Indian Railway (c) Lateral Entry to Bureaucracy (d) Addressing issues of stressed assets in public sector banks

Q9)

Which of the following institution publishes the 'World Economic Outlook'? (a) World Bank (b) WTO (c) World Economic Forum (d) IMF

Q10)

1.

Crude Oil

2.

Natural Gas

3.

Handicraft items

(a) (b) (c) (d)

1 2 2 3

and 2 only and 3 only

Consider the following statements: 1.

Devaluation of currency place when the central

takes Bank

1 only 2 only 2 and 3 1, 2 and 3

Q12)

Which of the following situations best describes "jobless growth"? (a) Low economic growth with low rate of unemployment (b) Low economic growth with high rate of unemployment (c) High economic growth with high rate of unemployment (d) High economic growth with low rate of unemployment

Q13)

Which of the following accounts for the depreciation of Turkey's currency?

Which of the following have been kept beyond the preview of Goods and services Tax?

Select the correct answer using the code given below:

Q11)

reduces the value of its currency vis-a-vis other currencies.

1.

High current Account Deficit

2.

Low inflation

3.

Higher interest rates in USA

Select the correct answer using the code given below: (a) (b) (c) (d) Q14)

1 and 2 1 and 3 2 and 3 1, 2 and 3

With reference to Cess, Consider the following statements: 1.

Cess can be utilized by the central government for fulfilling any socioeconomic obligation.

2.

The amount collected under Cess is distributable between centre and states

Which of the above statements is/are correct?

RAU’S IAS DNS QUESTIONS| INDIAN ECONOMY AND ECONOMIC DEVELOPMENT

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(a) (b) (c) (d) Q15)

Which of the statements given above is/are correct/ (a) (b) (c) (d)

Which of the following statements about Payments Banks is/are correct? promote

Financial

Q18)

It aims to Inclusion

2.

It provides acceptance of demand deposits

1.

Open Market operations

2.

Repo rate

It provides remittance services

3.

Annual Financial Statement

Which of the following are tools of Monetary policy in India?

Select the correct answer using the code given below:

Select the correct answer using the code given below:

(a) (b) (c) (d)

(a) (b) (c) (d)

1 and 2 2 only 1 only 1, 2 and 3

Which among the following are the components of PM-AASHA, which was recently announced by the Government? 1.

Price support System (PSS)

2.

Price Deficiency Payment System (PDPS)

3.

Private Procurement and Stockist Scheme

Q19)

(a) (b) (c) (d)

Q20)

1.

2.

The MPI measures multiple deprivations suffered by individuals in terms of education, health and Standard of Living. The MPI uses 10 indicators and those found to face deprivations in at least one-fourth of the MPI's indicators are multidimensional poor.

Consider the following statements related to National Digital Communications Policy 2018; 1.

It seeks to provide broadband connectivity for all by the end of 2022

2.

It seeks to Digital Grid

(a) (b) (c) (d)

1 and 2 2 and 3 1 and 3 1, 2 and 3

Consider the following statements related to multidimensional Poverty Index (MPI);

1 only 1 and 2 only 2 and 3 only 1, 2 and 3

establish

National

Which of the statements given above is/are correct/

Select the correct answer using the code given below:

Q17)

1 only 2 only Both 1 and 2 Neither 1 nor 2

1.

3.

Q16)

1 only 2 only Both 1 and 2 Neither 1 nor 2

1 only 2 only Both 1 and 2 Neither 1 nor 2

Consider the following statements related to the Small Savings Scheme: 1.

The deposits under the scheme is credited to the National Small Savings Fund which is part of consolidated fund of India.

2.

The government revises the interest rate under the scheme every quarter.

Which of the statements given above is/are correct? (a) (b) (c)

1 only 2 only Both 1 and 2

RAU’S IAS DNS QUESTIONS| INDIAN ECONOMY AND ECONOMIC DEVELOPMENT

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(d) Q21)

Neither 1 nor 2

Q24)

Consider the following statements relating to Liquidity Coverage Ratio:

1.

Expected years of Quality adjusted schooling

1.

It has been introduced under the BASEL III guidelines.

2.

Life expectancy at birth

3.

Per capita income

Under LCR, the banks are required to maintain High Quality Liquid Assets (HQLA) to enable them to withstand total Net cash outflows for 30 days.

Select the correct answer using the code given below:

2.

(a) (b) (c) (d)

Which of the above statements is/are correct? (a) (b) (c) (d) Q22)

1 only 2 only Both 1 and 2 Neither 1 nor 2

Q25)

Consider the following statements: 1.

2.

United States of America has increased its production of oil in the last few years.

(a) (b) (c) (d)

India has increased its consumption of oil in the last few years.

1 only 2 only Both 1 and 2 Neither 1 nor 2

Which among the following are considered to be the part of Twin Deficit in India: 1.

Revenue Deficit

2.

Fiscal Deficit

3.

Current Account Deficit

4.

Primary Deficit

(a) (b) (c) (d) Q26)

It is mainly being caused due to migration of men from rural to urban areas

2.

It has drastically improved the agricultural land ownership among rural women

Which of the statements given above is/are correct? (a) (b) (c) (d)

1 only 2 only Both 1 and 2 Neither 1 nor 2

1 2 1 2

and and and and

2 3 3 4

only only only only

Consider the following statements: 1.

Rupee depreciation is expected to aid profit of Indian exporters.

2.

Commodities exported to countries with duty free imports aids both the exporter and importer company respectively.

Consider the following statements on Feminization of Agriculture: 1.

1 only 1 and 2 2 and 3 1, 2 and 3

Select the correct answer using the code given below:

Which of the statements given above is/are correct?

Q23)

Which of the following criteria is used for calculating Human Capital index?

Which of the statements given above is/are correct? (a) (b) (c) (d) Q27)

1 only 2 only Both 1 and 2 Neither 1 nor 2

The Multidimensional Poverty Index developed by Oxford Poverty and Human Development Initiative with UNDP support covers which of the following:

RAU’S IAS DNS QUESTIONS| INDIAN ECONOMY AND ECONOMIC DEVELOPMENT

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1.

Deprivation of education, health, assets and services at household level.

2.

Purchasing power national level.

3.

Extent of budget deficit and GDP growth rate at national level.

parity

(a) (b) (c) (d)

at Q30)

Select the correct answer using the codes given below: (a) (b) (c) (d) Q28)

1 only 2 and 3 only 1 and 3 only 1, 2 and 3

2.

3.

It allows duty free import of certain goods into US economy in order to promote economic growth in poor and developing economies.

Q29)

Q31)

The products imported by US under GSP constitute major chunk of its imports. The GSP is considered to be an exception to Most Favoured Nation (MFN) Principle.

1.

2.

3.

statements

The Non-Resident (External) account can be opened by the NRIs for transferring income earned in other countries to India. The Non-Resident (Ordinary) account can be opened by the NRIs to transfer income earned in India into the account. The FCNR account can be both savings account and fixed deposit account.

Which of the statements given above is/are correct?

It is provided under the National Mission on Monuments and Antiquities( NMMA).

2.

The Ministry of Culture is the nodal implementation agency.

1 only 2 only Both 1 and 2 Neither 1 nor 2

Consider the following statements with regards to SWIFT: 1.

It facilitates transactions

global

financial

2.

It is an organ of the International Monetary Fund

Which of the statements given above is/are correct? (a) (b) (c) (d)

1 and 2 only 2 and 3 only 1 and 3 only 1, 2 and 3

Consider the following related to NRI Deposits:

1.

(a) (b) (c) (d)

Which of the statements given above is/are correct? (a) (b) (c) (d)

Consider the following statements related to National Register on Antiquities:

Which of the statements given above is/are correct?

Consider the following statements related to Generalized System of Preferences (GSP) adopted by US: 1.

1 only 1 and 2 only 2 and 3 only 1, 2 and 3

Q32)

1 only 2 only Both 1 and 2 Neither 1 nor 2

What is/are the recent policy initiative(s) of Government of India to promote the growth of the MSME sector? 1.

Loan interest subvention

2.

Compulsory PSUs

3.

Formation of an Government eMarketplace

procurement

from

Select the correct answer from using the codes given below: (a) (b) (c) (d)

1 only 2 and 3 only 1 and 3 only 1, 2 and 3

RAU’S IAS DNS QUESTIONS| INDIAN ECONOMY AND ECONOMIC DEVELOPMENT

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Q33)

With reference to credit enhancement, consider the following:

1.

It consists of a maximum number of 10 directors.

1.

2.

It is headed by RBI Governor.

3.

It leads to improvement in the credit rating of a bond.

It exercises general superintendence over the affairs of the RBI and formulates monetary policy

Which of the above statements is/are correct?

Select the correct answer using the code given below:

(a) (b) (c) (d)

(a) (b) (c) (d)

2.

Q34)

It enables the entities such as banks to act as guarantors for the bonds issued by the companies.

1 only 2 only Both 1 and 2 Neither 1 nor 2

Consider the following statements about National Payment Corporation of India (NPCI): 1.

It is incorporated as “Not for Profit” Company.

2.

National Financial Switch (NFS) and Cheque Truncation System (CTS) are the flagship products of NPCI.

Q37)

With reference to Monetary Policy Committee (MPC), consider the following statements: 1.

The RBI Governor can exercise a casting vote in case of a tie during voting.

2.

The MPC is expected to maintain WPI rate of inflation of 4%

(a) (b) (c) (d)

1 only 2 only Both 1 and 2 Neither 1 nor 2 Q38)

Q35)

1 only 2 only Both 1 and 2 Neither 1 nor 2

1.

Bullion

With reference to Ease of Doing Business Index 2019 released by World Bank, consider the following statements:

2.

Foreign Currency Assets

1.

3.

Government Bonds

It takes into account 10 indicators for calculation of index.

4.

Loans and Advances

2.

It takes into account the business regulations in all the metropolitan cities for the calculation of the Index.

Which among the following constitutes the assets and reserves of RBI?

Select the correct answer using the code given below: (a) (b) (c) (d) Q36)

only and 2 only only and 3 only

Which of the statements given above is/are correct?

Which of the statements given above is/are correct? (a) (b) (c) (d)

1 1 2 2

2 and 3 only 1, 3 and 4 only 2 and 4 only 1, 2, 3 and 4

Which of the following statements is/are correct regarding the Central Board of Directors of the Reserve Bank of India?

Which of the statements given above is/are correct? (a) (b) (c) (d) Q39)

1 only 2 only Both 1 and 2 Neither 1 nor 2

With reference to Gini-Coefficient, consider the following statements:

RAU’S IAS DNS QUESTIONS| INDIAN ECONOMY AND ECONOMIC DEVELOPMENT

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1.

As Gini-Coefficient increases, the extent of equality in the country decreases.

2.

A Gini-Coefficient of zero denotes perfect inequality and GiniCoefficient of one denotes perfect equality.

all Kharif crops and 1.5% for all Rabi crops. 2.

Select the correct answer using the code given below:

Which of the statements given above is/are correct? (a) (b) (c) (d)

(a) (b) (c) (d)

1 only 2 only Both 1 and 2 Neither 1 nor 2 Q43)

Q40)

Consider the following statements about Goods and Service Tax Council (GST Council):

1.

It is an unsecured long term loans.

1.

It is headed by the Prime Minister.

2.

It is issued by RBI.

2.

3.

It is issued for a period of more than 7 years.

It shall make recommendations to the Union and the States on issues of the taxes, cesses and surcharges levied by the Union, the States and the local bodies which may be subsumed in the goods and services tax

(a) (b) (c) (d)

1 and 3 only 2 only 1, 2 and 3 None of the Above

Which of the statements given above is/are correct? (a) (b) (c) (d)

Consider the following statements about India’s Strategic Petroleum Reserves: 1.

Construction of crude oil storage facility is managed by Indian Oil Corporation.

2.

Crude oil storage is constructed in underground caverns.

3.

These rock caverns are located in Central India only.

Which of the statements given above is/are correct? (a) (b) (c) (d) Q42)

1 only 2 only Both 1 and 2 Neither 1 nor 2

Which of the following statements about Commercial Papers is/are correct?

Select the correct answer using the code given below:

Q41)

Smart phones will be used to capture and upload data of crop cutting to reduce the delays in claim payment to farmers.

1 2 3 1

only only only and 3 only

Which of the following about Pradhan Mantri Fasal Bima Yojana is/are correct? 1.

There is a uniform premium of only 2% to be paid by farmers for

Q44)

1 only 2 only Both 1 and 2 Neither 1 nor 2

NITI Aayog has launched an index to rank States and Union Territories on ease of doing agribusiness as well as opportunities for farmers. These states will be ranked on which of the following parameters? 1.

Agriculture Market Reforms

2.

Land Lease Reforms

3.

Reforms related to forestry on private land

Select the correct answer using the code given below: (a) (b) (c) (d)

1 only 1 and 2 only 1 and 3 only 1, 2 and 3

RAU’S IAS DNS QUESTIONS| INDIAN ECONOMY AND ECONOMIC DEVELOPMENT

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Q45)

Consider the following statements on Credit Rating Agencies:

donate money to political parties up to Rs. 2,000 only

1.

They are regulated by Securities and Exchange Board of India (SEBI).

2.

They can be bought using digital payments or cheques from any of the designated banks.

2.

In India, normally the issuer pays for the credit rating.

3.

The money can be donated to only recognised National Parties in India.

Which of the statements given above is/are correct? (a) (b) (c) (d) Q46)

1 only 2 only Both 1 and 2 Neither 1 nor 2

Which of the following are the objectives of National Nutrition Mission? 1.

2.

3.

4.

Which of the statements given above is/are correct? (a) (b) (c) (d) Q49)

To create awareness relating to malnutrition among pregnant women and lactating mother. To reduce the incidence of anaemia among young children, adolescent girls and women. To promote the consumption of millets, coarse cereals and unpolished rice. To promote the consumption of poultry eggs.

Q47)

Q48)

1 and 2 only 1, 2 and 3 only 1, 2 and 4 only 3 and 4 only

Which of the following best describes a Most favoured Nation status? (a) Granting favours to a particular country (b) Discriminating countries on basis of their revenue (c) Providing equal treatment to all countries (d) None of the above

Consider the following statements about Maternity Benefit Amendment Act, 2017: 1.

It provides for paid maternity leave on adoption of child below the age of 3 years.

2.

The act is applicable to only those establishments employing 100 or more employees.

Which of the statements given above is/are correct? (a) (b) (c) (d)

Select the correct answer using the code given below: (a) (b) (c) (d)

1 and 2 only 2 and 3 only 2 only 1, 2 and 3

1 only 2 only Both 1 and 2 Neither 1 nor 2

Q50)

India imports maximum crude oil from? (a) Iran (b) Saudi Arabia (c) Iraq (d) U.A.E

Q51)

Consider the following statements: 1.

Disinvestment in CPSE increases the expenditure capability of the Government of India

2.

The disinvestment proceeds form part of Capital Account under the Union budget

With reference to Electoral Bonds, consider the following statements:

Which of the statements given above is/are correct?

1.

(a) (b)

These bonds can be bought by companies and individuals to

1 only 2 only

RAU’S IAS DNS QUESTIONS| INDIAN ECONOMY AND ECONOMIC DEVELOPMENT

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(c) (d)

(d)

Both 1 and 2 Neither 1 nor 2 Q55)

Q52)

Consider the following statements in Composite Water Management Index:

Which of the following statement/s on Capital Conservation Buffer is/are correct?

1.

It is released by the NITI Aayog

1.

2.

It assesses the performance of States & Union Territories in water resource management

It is to be implemented to avoid the breach of minimum capital requirement

2.

It includes parameters from the field of agriculture

The buffer capital is meant to be drawn down in stressed period for a Bank

Select the correct answer from the codes given below:

Select the correct answer from the codes given below:

(a) (b) (c) (d)

(a) (b) (c) (d)

3.

Q53)

1 only 1 and 3 only 2 and 3 only 1, 2 and 3

Consider the following statements related to Capital Adequacy ratio (CAR): 1.

It has been laid down under the BASEL Norms.

2.

It is based on the principle that the banks have to keep aside certain percentage of depositors' money in order to withstand losses arising from NPAs

3.

Q56)

It is calculated in terms of risk weighted assets of the banks.

(a) (b) (c) (d)

1 1 2 1

only and 2 only and 3 only and 3 only

In the context of global Oil prices, 'Brent crude oil' is frequently referred to in the news. What does this term imply? 1.

It is a major classification of Crude oil.

2.

It is sourced from the North Sea.

3.

It does not contain Sulphur.

Which of the statement(s) given above is/are correct? (a) (b) (c)

2 only 1 and 2 only 1 and 3 only

1 only 2 only Both 1 and 2 Neither 1 nor 2

In the context of Global Oil Prices, consider the following statements: 1.

Decline in oil production by OPEC countries leads to decline in oil prices

2.

Decrease in Chinese growth reduces prices

3.

US production is minuscule to majorly impact global oil prices

economic

Which of the statements given above is/are correct?

Which of the statements given above is/are correct?

Q54)

1, 2 and 3

(a) (b) (c) (d) Q57)

1 1 2 2

only and 2 only only and 3 only

The decline in the International Crude oil prices would lead to which among the following? 1.

Reduction in Twin Deficits of India

2.

Depreciation in the value of Rupee

3.

Increase in the rate of Inflation.

Select the correct answer using the code given below: (a) (b) (c) (d)

1 only 1 and 2 only 2 and 3 only 1, 2 and 3

RAU’S IAS DNS QUESTIONS| INDIAN ECONOMY AND ECONOMIC DEVELOPMENT

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Q58)

Consider the following statements related to Non-Performing Assets (NPAs): 1.

The Net NPA of the bank is calculated by deducting the provisioning amount from the Gross NPA.

2.

The Slippage ratio of the bank takes into account the accumulated NPAs of the bank.

Q61)

Pradhan Mantri Matru Vandana Yojana (PMMVY) can be associated with (a) Education (b) Maternity Benefits (c) Skill Development (d) None of the above

Q62)

Consider the following statements related to Securitization of Assets (Loans) by the NBFCs:

Which of the statements given above is/are correct? (a) (b) (c) (d) Q59)

1 only 2 only Both 1 and 2 Neither 1 nor 2

The provisioning norms to be maintained by the banks depend upon the categories of NPAs

2.

The Net NPA does not take into account the provisioning capital maintained by the Banks.

Q60)

Q63)

1 only 2 only Both 1 and 2 Neither 1 nor 2

Transfer of Surplus Reserves

2.

Independent Payments Regulator Board

3.

Lifting of Prompt Corrective Action Framework from Public Sector Banks

Select the correct answer using the code given below: (a) (b) (c) (d)

2 only 1 and 3 only 1 and 2 only 1, 2 and 3

It enables redistribution of the risk from the NBFCs to the investors.

1 only 2 only Both 1 and 2 Neither 1 nor 2

Consider the following statements related to Government Schemes: 1.

The Centrally sponsored schemes are funded by both centre and states but implemented by the centre.

2.

The Central sector schemes are funded and implemented by the Centre.

Select the correct answer using the code given below:

What can be said to be the possible causes of rift between the Reserve Bank of India and Central Government? 1.

2.

(a) (b) (c) (d)

Which of the statements given above is/are correct? (a) (b) (c) (d)

The Securitization of Assets involve pooling of the assets(loans) to be sold to the investors.

Which of the statements given above is/are correct?

Consider the following statements: 1.

1.

(a) (b) (c) (d) Q64)

1 only 2 only Both 1 and 2 Neither 1 nor 2

Which of the following best describes the term 'import cover', sometimes seen in the news? (a) It is the ratio of value of imports to the Gross Domestic Product of a country (b) It is the total value of imports of a country in a year (c) It is the ratio between the value of exports and that of imports between two countries

RAU’S IAS DNS QUESTIONS| INDIAN ECONOMY AND ECONOMIC DEVELOPMENT

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(d)

It is the number of months of imports that could be paid for by a country's international reserves

(c) (d) Q70)

Q65)

Q66)

Q67)

International Labour Organisation’s Convention 138 and 182 are related to (a) Child Labour (b) Adaptation of agricultural practices to global climate change (c) Regulation of food prices and food security (d) Gender parity at the workplace Global Wage Report is Published by which of the following organisation? (a) World Trade Organisation (b) UNCTAD (c) World Economic Forum (d) International Labour Organisation

The repo rate is the rate at which other banks borrow from the Reserve Bank of India

2.

RBI's benchmark interest rates is decided by the Monetary Policy Committee

Q68)

Q69)

1 only 2 only Both 1 and 2 Neither 1 nor 2

Which amongst the following sectors received the maximum FDI in India for 2017-18? (a) Communications sector (b) Manufacturing sector (c) Retail sector (d) Energy sector

The term ‘Happy Seeder’ often seen in the news, is in the context of which of the following: (a) Machine to clear stubble from the field. (b) A technique of cloud seeding

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 chairmanship of the Finance Minister.

(a) (b) (c) (d)

the Union

1 1 3 2

only and 2 only only and 3 only

Q71)

The terms 'Marginal Standing Facility Rate' and 'Net Demand and Time Liabilities', sometimes appearing in news, are used in relation to (a) banking operations (b) communication networking (c) military strategies (d) supply and demand of agricultural products

Q72)

In the context of Indian economy, which of the following is/are the purpose/ purposes of 'Statutory Reserve Requirements'?

Which of the statements given above is/are correct? (a) (b) (c) (d)

Which of the following statements is/are correct regarding the Monetary Policy Committee (MPC) ?

Select the correct answer using the code given below

Consider the following statements: 1.

A method of crowd funding None of the above

1.

To enable the Central Bank to control the amount of advances the banks can create

2.

To make the people's deposits with banks safe and liquid

3.

To prevent the commercial banks from making excessive profits

4.

To force the banks to have sufficient vault cash to meet their day-to-day requirements

Select the correct answer using the code given below (a) (b)

1 only 1 and 2 only

RAU’S IAS DNS QUESTIONS| INDIAN ECONOMY AND ECONOMIC DEVELOPMENT

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(c) (d) Q73)

Q74)

2 and 3 only 1, 2, 3 and 4

Q77)

Which among the following has the highest share in the agricultural exports from India? (a) Marine Products (b) Rice (c) Wheat (d) Tea

2.

It aims to double the value of agricultural exports by the end of 2022.

Q75)

Q78)

It aims to remove restrictions on the export of processed agricultural commodities.

1.

Childhood Stunting

2.

Childhood wasting

3.

Childhood overweight

4.

Adult Obesity

Q76)

1 and 2 only 2 and 3 only 1, 2 and 3 only 1,2,3 and 4

Echo Chamber Effect can be associated with (a) Civil Aviation (b) Social Media (c) Inflation (d) UNFCCC

It was undertaken only for the public sector banks

3.

It led to an increase in NPA classification of loans

1 only 2 only 1 and 3 only 1, 2 and 3

Consider the following statements: 1.

The Chief Economic Advisor prepares the Annual Financial Statement

2.

CEA is appointed by the Cabinet Committee on Appointments

(a) (b) (c) (d)

1 only 2 only Both 1 and 2 Neither 1 nor 2

Q79)

M.S. Swaminathan Commission has recommended that the Minimum Support Price (MSP) for 23 major crops be set at (a) Two times the cost of production (b) One and half times the cost of production (c) Thrice the cost of production (d) Two and half times the cost of production

Q80)

Which of the following can be attributed as a reason of farm distress?

Select the correct answer using the code given below: (a) (b) (c) (d)

2.

Which of the statement/s given above is/are correct?

1 only 2 only Both 1 and 2 Neither 1 nor 2

Which among the following indicators are tracked under the Global Nutrition Report?

It was aimed to inspect evergreening of loans

(a) (b) (c) (d)

Which of the statements given above is/are correct? (a) (b) (c) (d)

1.

Which of the statements given above is/are correct?

Consider the following statements related to the Agricultural Export Policy 2018: 1.

Consider the following statements on Asset Quality Review:

1.

Increasing fragmentation of land

2.

Reduction in price of farm produce

3.

Increase in input cost including diesel

4.

Demonetisation

Select the correct answer using the code given below:

RAU’S IAS DNS QUESTIONS| INDIAN ECONOMY AND ECONOMIC DEVELOPMENT

12

(a) (b) (c) (d) Q81)

2 and 4 only 1 and 3 only 1, 2 and 3 only 1, 2, 3 and 4

(c) (d) Q84)

Consider the following statements: 1.

2.

3.

The Global Burden of Disease Report is released by Institute of Health Metrics & Evaluation India's PM 2.5 measurement standards are at par with WHO standards Usage of solid fuel for cooking is leading cause of indoor pollution

Q82)

1 and 2 only 1 and 3 only 2 and 3 only 1, 2 and 3

Capital to Risk Weighted Asset Ratio

The Headline inflation is more broad based than Core Inflation.

2.

Decline in Food and Fuel Prices affects both Headline and Core Inflation equally.

1 only 2 only Both 1 and 2 Neither 1 nor 2

Q85)

Which among the following categories of Goods has the highest weightage under the Index of Industrial Production? (a) Capital Goods (b) Primary Goods (c) Infrastructure Goods (d) Consumer Durables

Q86)

2.

Net-Non-Performing Assets

Consider the following statements related to Consumer Price Index (CPI):

3.

Return-on-Assets

1.

It takes into account the inflation in both Goods and Services

2.

The Fuel and Light Category under the CPI has the highest weightage.

3.

The CPI-Rural does not account for inflation in Housing Category.

Select the correct answer using the code given below: (a) (b) (c) (d) Q83)

1.

(a) (b) (c) (d)

Which of the following parameters initiate Prompt Corrective Action from the Reserve bank of India? 1.

Consider the following statements related to Headline and Core Inflation:

Which of the statements given above is/are correct?

Which of the statements given above is/are correct? (a) (b) (c) (d)

both 1 and 2 neither 1 nor 2

1 only 2 and 3 only 2 only 1, 2 and 3

Which of the statements given above is/are correct? (a) (b) (c) (d)

Consider the following statements: 1.

Universal Health Coverage is a Sustainable development Goal to be achieved by 2030.

2.

Pradhan Mantri Jan Arogya Yojana (PMJAY) provides a cover of up to Rs. 5 lakhs per family per year for secondary and tertiary care hospitalization.

Q87)

1 1 1 2

only and 2 only and 3 only and 3 only

Consider the following statements related to Wholesale Price Index (WPI): 1.

The WPI is calculated by Central Statistical Organisation.

Which of the following stalemates is / are correct?

2.

The WPI assigns highest weightage to Food Category.

(a) (b)

3.

The WPI does not account for inflation in Services

1 only 2 only

RAU’S IAS DNS QUESTIONS| INDIAN ECONOMY AND ECONOMIC DEVELOPMENT

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Which of the statements given above is/are correct? (a) (b) (c) (d) Q88)

Q89)

such as company's balance sheet, tax-related information etc.

1 only 2 only 3 only None of the above

Pradhan Mantri Krishi Sinchayi Yojana has been formulated by amalgamating which of the following on-going schemes? 1.

Accelerated Irrigation programme (AIBP)

2.

Integrated Watershed management programme (IWMP)

3.

On Farm (OFWM)

water

The Setting of PCR would do away with the problem of "Adverse Selection" of borrowers.

3.

It would improve the credit-GDP ratio in India.

Which of the statements given above is/are correct? (a) (b) (c) (d)

Benefits

Q91)

Management

1 and 3 only 1 and 2 only 2 and 3 only 1, 2 and 3

Which of the following can be said to be indicator/indicators of Fourth National Family Health Survey?

Select the correct answer using the code(s) given below:

1.

Infant and Child Mortality Rate

2.

Maternal and Child health

(a) (b) (c) (d)

3.

Nutritional Status of Adults

4.

Women's empowerment gender based violence

1 only 1 and 2 only 2 and 3 only 1, 2 and 3

Consider the following related to collection Information in India:

statements of Credit

1.

Presently, there are multiple agencies for the collection of credit Information.

2.

The Central Repository of Information on large credits (CRILC) has been set up by Indian Banks Association (IBA) to capture credit information of large borrowers.

(a) (b) (c) (d)

(a) (b) (c) (d) Q92)

The PCR would capture the borrowers' past loan performance as well as additional information

1, 2 and 3 only 2 and 4 only 1 and 2 only 1, 2, 3 and 4

Consider the following statements: 1.

MSME enterprises are categorised on basis of their "Annual Turnover"

2.

Credit Linked Capital Subsidy Scheme for Technology Upgradation is for benefit of small scale industries.

Which of the statements given above is/are correct?

1 only 2 only Both 1 and 2 Neither 1 nor 2

Consider the following statements related to the proposed Public Credit Registry (PCR): 1.

and

Select the correct answer using the code given below:

Which of the statements given above is/are correct?

Q90)

2.

(a) (b) (c) (d) Q93)

1 only 2 only Both 1 and 2 Neither 1 nor 2

Consider the following statements about Nikshay Poshan Yojana (NPY)

RAU’S IAS DNS QUESTIONS| INDIAN ECONOMY AND ECONOMIC DEVELOPMENT

14

1.

It is a scheme of nutritional support for all patients suffering from cancer.

2.

NPY is registered under Direct Benefit Transfer

3.

NPY is a centrally sponsored scheme under National Health Mission

Q96)

Which of the statements given above is/are correct? (a) (b) (c) (d) Q94)

1 2 1 2

The premium to be paid by the farmers under the scheme is same for both Kharif and Rabi Crops.

2.

The scheme provides for compulsory coverage of the farmers who avail institutional loans.

Q97)

This scheme covers both share croppers and tenant farmers.

Q95)

1.

Increase Borrowings

2.

Increase in Investment

3.

Increase in rate of Interest on Loans

in

Government Private

Sector

Select the correct answer using the code given below: 1 only 1 and 2 only 1 and 3 only 1, 2 and 3

Increase in SLR

3.

Sale of G-Secs under OMOs

1 only 1 and 2 only 1 and 3 only 1, 2 and 3

Consider the following statements related to Banks Board Bureau: 1.

It has been set up based on the recommendations of P.J Nayak Committee as part of Indradhanush plan to improve the governance of the Public Sector Banks.

2.

It has been empowered to appoint the heads of the Public Sector Banks in India.

(a) (b) (c) (d)

only only and 3 only and 3 only

Which among the following can be associated with Crowding-out Effect:

(a) (b) (c) (d)

2.

Which of the statements given above is/are correct?

Which of the statements given above is/are correct? 1 2 1 2

Increase in the Repo rate

(a) (b) (c) (d)

1.

(a) (b) (c) (d)

1.

Select the correct answer using the code given below:

and 2 only and 3 only and 3 only only

Consider the following statements related to Pradhan Mantri Fasal Bima Yojana (PMFBY):

3.

Which of the following actions should RBI take to control the Inflation in Economy?

Q98)

1 only 2 only Both 1 and 2 Neither 1 nor 2

Which among the followings is/are the structural constraints face by India? 1.

High share agriculture

of

workforce

in

2.

Domination of capital intensive manufacturing units

3.

Low share of manufacturing sector in our GDP

4.

Labour laws and policies

Select the correct answer: (a) (b) (c) (d)

1 and 2 only 2 and 3 only 1, 2 and 4 only 1, 2 ,3 and 4

RAU’S IAS DNS QUESTIONS| INDIAN ECONOMY AND ECONOMIC DEVELOPMENT

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Q99)

Which among the following are components of Indradhanush Plan for improving the governance of the Public Sector Banks? 1.

Appointment Bureau

of

Banks

2.

Capitalization of Banks

3.

Giving More Autonomy to PSBs

4.

Ensuring greater accountability of PSBs

1.

These Bonds would be issued by the Banks to raise money from the Capital Market.

2.

These Bonds would help the Banks meet Capital Requirements under the BASEL III guidelines.

Board

Select the correct answer using the code given below: (a) (b) (c) (d)

Q102) Consider the following statements related to Recapitalization Bonds:

1 and 2 only 2 and 3 only 1, 2 and 3 1,2,3 and 4

Q100) Which among the following can be considered as reasons for recapitalization of Public Sector Banks (PSBs) by Government?

Select the correct answer using the code given below: (a) (b) (c) (d)

1 only 2 only Both 1 and 2 Neither 1 nor 2

Q103) Which among the following could be likely consequences of increase in the interest rates in US on the Indian Economy? 1.

Dollar Depreciation

2.

Rupee Appreciation Decrease in Dollar Inflows into India.

1.

To meet regulatory requirements under BASEL III Norms

3.

2.

To reduce the shareholding of the Private Sector in PSBs

Select the correct answer using the code given below:

3.

To enable the Banks to come out of PCA Framework

(a) (b) (c) (d)

Select the correct answer using the code given below: (a) (b) (c) (d)

1 only 1 and 2 only 1 and 3 only 1, 2 and 3

Q101) Which among the following parameters are considered by the RBI under the Prompt Corrective Action Framework? 1.

Net NPAs

2.

Capital Adequacy Ratio (CAR)

3.

Return on Assets (RoA)

Select the correct answer using the code given below: (a) (b) (c) (d)

1 only 1 and 2 only 2 and 3 only 1, 2 and 3

1 2 1 3

only only and 2 only only

Q104) Which of the following parameters are measured in SDG India Index report? 1.

Gender Equality

2.

Poverty and Hunger

3.

Preserving terrestrial ecosystems

Select the correct answer from the codes given below: (a) (b) (c) (d)

2 Only 1 and 2 1, 2 and 3 1 and 3

Q105) Which among the following can be considered to be advantages of Dredging of water bodies? 1.

It enables safe passage of larger ships and vessels.

RAU’S IAS DNS QUESTIONS| INDIAN ECONOMY AND ECONOMIC DEVELOPMENT

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2.

It decreases the navigation time of the ships.

3.

It reduces the exposure of the aquatic life to pollutants.

Select the correct answer using the code given below: (a) (b) (c) (d)

1 only 1 and 2 only 1 and 3 only 1, 2 and 3

Q106) The State Startup Index Report, 2018 is provided by which of the following? (a) NITI Aayog (b) Department for Promotion of Industry and Internal Trade (DPIIT) (c) World Economic Forum (d) Reserve Bank of India Q107) Consider the following statements related to Special Mention Account (SMA): 1.

The SMA is non-performing asset of the bank which has very high exposure to the banking sector.

(b) (c) (d)

2 only Both 1 and 2 Neither 1 nor 2

Q109) Consider the following related to FDI and FPI:

statements

1.

Under FPI, the foreign company gains both management and ownership rights, whereas under FDI, the foreign company gains only the ownership rights.

2.

FDI is considered to be stable and long term investment whereas FPI is considered to be unstable and short term investment.

Which of the statements given above is/are correct? (a) (b) (c) (d)

1 only 2 only Both 1 and 2 Neither 1 nor 2

Q110) Consider the following related to E-Commerce:

statements

1.

Which of the statements given above is/are correct?

Inventory based Model of ECommerce is when inventory of goods is owned by the e-commerce entity where as Market based of ECommerce merely provides a online platform for the sale of goods.

2.

(a) (b) (c) (d)

Presently, 100% FDI is allowed in both inventory based and Market based E-Commerce.

Which of the statements given above is/are correct?

2.

The Classification of loans as SMA enables the banks to take corrective action against the loans which are under stress.

1 only 2 only Both 1 and 2 Neither 1 nor 2

Q108) Consider the following statements related to Statutory Liquidity Ratio (SLR): 1.

2.

The SLR is the percentage of depositors' money which the banks are required to keep with the RBI. The SLR is to be maintained in the form of Cash, Gold and G-Secs.

Which of the statements given above is/are correct? (a)

(a) (b) (c) (d)

1 only 2 only Both 1 and 2 Neither 1 nor 2

Q111) Consider the following statements about FRBM Review Committee headed by Shri N.K. Singh: 1.

It has proposed yearly targets to reduce fiscal and revenue deficits by 2023.

1 only RAU’S IAS DNS QUESTIONS| INDIAN ECONOMY AND ECONOMIC DEVELOPMENT

17

2.

It has allowed for certain deviations from specified fiscal targets of the government.

3.

It has proposed a Draft Debt Management and Fiscal Responsibility Bill, 2017

Which of the statements given above is/are correct? (a) (b) (c) (d)

2 only 1 and 3 only 1 and 2 only 1, 2 and 3

Q112) Consider the following statements on Debt to GDP Ratio: 1.

A very high Debt to GDP Ratio signifies a stable economy

2.

A lower Debt to GDP Ratio makes it difficult for a country to pay back debts

3.

Governments strive for a high Debt to GDP Ratio

Which of the statements given above is/are correct? (a) (b) (c) (d)

2 only 1 and 3 only 1 and 2 only None of the above

Q113) Which of the following regulates the Credit Rating Agencies in India? (a) RBI (b) Finance Ministry (c) SEBI (d) None of the above Q114) Which of the following are included in the calculation of Gross Fixed Capital formation? 1.

Road infrastructure

2.

Gold and precious Metals

3.

Stocks and inventories.

Select the correct answer using the code given below: (a) (b) (c)

1 only 1 and 2 2 and 3

(d)

1, 2 and 3

Q115) Ujjwala Sanitary pad initiative has been started by which of the following PSUs? 1.

Indian Oil Corporation

2.

National Corporation.

3.

Bharat Petroleum.

Thermal

Power

Select the correct answer using the code given below: (a) (b) (c) (d)

1 only 2 and 3 1 and 3 1, 2 and 3

Q116) Consider the following statements about HRIDAY Scheme: 1.

It aims at preserving revitalizing infrastructure heritage cities of India.

and of

2.

The scheme has been launched by Ministry of Housing and Urban Affairs.

3.

Chennai, Guwahati, Imphal and Laddakh have been identified by government under the scheme.

Which of the statements given above is/are correct? (a) (b) (c) (d)

1 and 3 only 2 and 3 only 1 and 2 only None of the above

Q117) Consider the following statements related to Banking Stability Indicator: 1.

It measures the expected number of banks that could become distressed if one bank fails.

2.

An increase in the indicator value means that the Banking sector is more stable.

Which of the statements given above is/are correct? (a) (b) (c) (d)

1 only 2 only Both 1 and 2 Neither 1 nor 2

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3. Q118) Consider the following statements: 1.

The NPAs of the Private sector Banks is higher than the Public Sector Banks.

2.

The Net NPA is always lower than the Gross NPA.

Which of the statements given above is/are correct? (a) (b) (c) (d)

1 only 2 only Both 1 and 2 Neither 1 nor 2

Q119) Which among the following agencies publish the Financial Stability Report in India? (a) Ministry of Finance (b) Office of Chief Economic Advisor (c) SEBI (d) RBI Q120) Consider the following statements related to Plain Packaging of Tobacco Products: 1.

It prohibits use of any logos, colors or brand images on the cigarette packets.

2.

It is provided under the WHO framework convention on Tobacco control (FCTC)

Select the correct answer using the code given below: (a) (b) (c) (d)

1 only 2 only Both 1 and 2 Neither 1 nor 2

Q121) With respect to Purchasing Manager's Index, which of the following statements is/are correct ? 1.

It is published by the Central Statistics Office.

2.

It takes into consideration both the Private and Public sector companies.

1 and 2 only 2 and 3 only 3 only 1, 2 and 3

Q122) Which of the following reduces the ability of Bank(s) to lend credit? 1.

Being under the Prompt Corrective Action

2.

Increase requirement

3.

Recapitalization government

in

provisioning by

Union

Select the correct answer from the codes given below: (a) (b) (c) (d)

1 and 2 2 and 3 1 and 3 1, 2 and 3

Q123) Consider the following statements related to types of Monetary Policies: 1.

The Expansionary policy is followed during Inflation whereas the Contractionary policy is followed during recession.

2.

Under the Expansionary policy, the policy rates reduce whereas under contractionary policy, the policy rates increase.

Which of the statements given above is/are correct? (a) (b) (c) (d)

It compiles data separately for the services sector.

Which of the statements given above is/are correct? (a) (b) (c) (d)

1 only 2 only Both 1 and 2 Neither 1 nor 2

Q124) Consider the following statements related to Helicopter Money: 1.

It involves printing of new currency notes by the Government or the Central Bank.

2.

It leads to increase in the debt liability of the people.

RAU’S IAS DNS QUESTIONS| INDIAN ECONOMY AND ECONOMIC DEVELOPMENT

19

Which of the statements given above is/are correct? (a) (b) (c) (d)

1 only 2 only Both 1 and 2 Neither 1 nor 2

Q125) Consider the following statements related to Zero Interest rate policy (ZIRP): 1.

It involves giving of loans by the Banks to the borrowers without any interest.

2.

It is adopted by the countries in order to promote economic growth during recession.

Which of the statements given above is/are correct? (a) (b) (c) (d)

1 only 2 only Both 1 and 2 Neither 1 nor 2

Q126) Consider the following statements related to Negative Interest Rate Policy (NIRP): 1.

2.

Under this policy, the banks would be required to pay interest on keep their surplus reserves with the Central Bank. It is a hypothetical concept and has not been adopted by any country so far.

Which of the statements given above is/are correct? (a) (b) (c) (d)

1 only 2 only Both 1 and 2 Neither 1 nor 2

Q127) Consider the following statements about Interest Equalisation Scheme (IES)? 1.

It aims to boost exports from India by providing interests subsidy on loans

2.

The rate of Interest Equalisation is same for MSMEs and Manufacturing Exporters under IES.

3.

Cabinet Committee on Economic Affairs has approved inclusion of Merchant Exporters under IES.

Which of the statements given above is/are correct? (a) (b) (c) (d)

1 2 2 1

and 3 only only and 3 only only

Q128) Which of the following measures would increase liquidity for the Banking system? 1.

Increase in Cash Reserve Ratio by RBI

2.

Purchase of G-Sec by RBI through Open Market Operations

3.

Increase in Public deposits

Select the correct answer form the codes given below: (a) (b) (c) (d)

1 and 2 only 2 and 3 only 1 and 3 only 1, 2 and 3

Q129) Consider the following statements related to Tokenization of Payment Transactions: 1.

It involves replacement of the customer's account number with a unique token which can then be used for transactions.

2.

The Token contains information related to Bank's account number and hence it increases the risk of cyber theft.

Which of the statements given above is/are correct? (a) (b) (c) (d)

1 only 2 only Both 1 and 2 Neither 1 nor 2

Q130) Which among the following are objectives of the Gold Monetization Scheme? 1.

To reduce Current Account deficit

RAU’S IAS DNS QUESTIONS| INDIAN ECONOMY AND ECONOMIC DEVELOPMENT

20

2.

To bring idle gold in the economy into circulation

2.

Select the correct option (a) (b) (c) (d)

Which of the statements given above is/are correct?

1 only 2 only Both 1 and 2 Neither 1 nor 2

Q131) Consider the following statements related to Composition Scheme: 1.

2.

This scheme provides for easy, low procedure and compliance friendly tax scheme for all the firms. This scheme provides for payment of GST in terms of fixed percentage of the profits of the firms.

Which of the statements given above is/are incorrect? (a) (b) (c) (d)

1 only 2 only Both 1 and 2 Neither 1 nor 2

Q132) Consider the following related to GST Council:

statements

1.

It is headed by the Prime Minister.

2.

The Centre has weightage of 2/3 votes while the states have combined weightage of remaining 1/3 votes.

3.

The decision of the GST council has to be ratified by minimum 3/4 of the weighted votes of the members.

Which of the statements given above is/are correct? (a) (b) (c) (d)

1 1 3 2

only and 2 only only and 3 only

Q133) Consider the following statements related to Pradhan Mantri Mudra Yojana (PMMY): 1.

Under PMMY, the borrowers can directly borrow money from the MUDRA agency.

It provides for loans to the small entrepreneurs in order to bring them within the formal credit system.

(a) (b) (c) (d)

1 only 2 only Both 1 and 2 Neither 1 nor 2

Q134) Which among the following are the features of Universal Basic Income? 1.

Universality

2.

Conditional Transfers

3.

Direct Cash Transfers

Select the correct answer using the code given below: (a) (b) (c) (d)

1 only 1 and 2 only 1 and 3 only 1, 2 and 3

Q135) With reference to Swadesh Darshan Scheme, which of the following statements is/are correct ? 1.

It is a flagship scheme of the Ministry of Tourism

2.

It is a centrally sponsored scheme.

3.

It aims to develop religious tourist sites across India .

Select the correct answer (a) (b) (c) (d)

1 only 1 and 3 only 2 and 3 only 1, 2 and 3

Q136) With reference to UDAN scheme consider the following statements

,

1.

Government provides subsidy to the airline operators to operate commercial flights to all major routes in India.

2.

Under International UDAN , the State government shall provide subsidy to commercial flights to international destination

Select the correct answer:

RAU’S IAS DNS QUESTIONS| INDIAN ECONOMY AND ECONOMIC DEVELOPMENT

21

(a) (b) (c) (d)

1 only 2 only Both 1 and 2 Neither 1 nor 2

Q137) Consider the following statements about The National Skills Qualifications Framework (NSQF): 1.

2.

It is a competency-based framework that organises all qualifications according to a series of levels of knowledge, skills and aptitude. Under NSQF, the learner can acquire the certification for competency needed at any level through formal, non-formal or informal learning.

Which of the statements given above is/are correct? (a) (b) (c) (d)

1 only 2 only Both 1 and 2 Neither 1 nor 2

Q138) Consider the following statements on Angel Tax: 1.

It is the tax levied on funds raised by Indian start-ups through issue of shares.

2.

It is calculated when the Start-ups receive funding which is higher than its "fair Market Value".

Which of the statements given above is/are correct? (a) (b) (c) (d)

1 only 2 only Both 1 and 2 Neither 1 nor 2

Q139) Consider the following statements on MGNREGA: 1.

2.

The resource transfer from Centre to States is based on the demand for employment in each State It provides a legal guarantee for wage employment by providing allowances in cases of failure to provide work on demand

3.

Plans and decisions regarding the nature and choice of works to be undertaken are all to be made by Gram Sabha

Which of the statements given above are correct? (a) (b) (c) (d)

1 and 2 2 and 3 1 and 3 1, 2 and 3

Q140) Which of the following International Organisation released the World Energy Outlook report, 2018? (a) UN Development Programme (b) World Energy Forum (c) OPEC (d) International Energy Agency Q141) Which of the following organizations publish the Global financial stability report? (a) World Bank (b) World economic forum (c) International Monetary Fund (d) None of the above Q142) Which one of the following is a purpose of 'UDAY', a scheme of the Government? (a) Providing technical and financial assistance to start-up entrepreneurs in the field of renewable sources of energy (b) Providing electricity to every household in the country by 2018 (c) Replacing the coal-based power plants with natural gas, nuclear, solar, wind and tidal power plants over a period of time (d) Providing for financial turnaround and revival of power distribution companies.

Q143) Consider the following statements: 1.

The Fiscal Responsibility and Budget Management (FRBM) Review Committee Report has recommended a debt to GDP ratio

RAU’S IAS DNS QUESTIONS| INDIAN ECONOMY AND ECONOMIC DEVELOPMENT

22

of 60% for the general (combined) government by 2023, comprising 40% for the Central Government and 20% for the State Governments.

3.

2.

The Central Government has domestic liabilities of 21 % of GDP as compared to that of 49% of GDP of the State Governments.

(a) (b) (c) (d)

3.

As per the Constitution of India, it is mandatory for a State to take the Central Government's consent for raising any loan if the former owes any outstanding liabilities to the latter.

Which of the statements given above is/ are correct ?

(d)

(a) (b) (c) 1, 2

1 only 2 and 3 only 1 and 3 only and 3 statements

It is an economic indicator released by the London based Baltic Exchange and is applicable only to the Baltic countries.

2.

It measures the changes in the transportation costs of the commodities through the sea.

3.

An increase in Baltic Dry Index would indicate a global economic slowdown in future.

Which of the statements given above is/are correct? (a) (b) (c) (d)

Which of the statements given above is/are correct? 1 and 2 only 2 only 2 and 3 only None of the above

Q146) Consider the following statements on Rythu Bandhu Scheme: 1.

It is a scheme by the Central Government to reduce agrarian distress.

2.

It provides uniform financial assistance to all farmers.

3.

It provides financial assistance to sharecroppers.

Which of the statements given above is/are correct?

Q144) Consider the following related to Baltic Dry Index: 1.

KALIA Scheme provides uniform financial assistance to different kinds of farmers.

1 only 2 only 1 and 2 only 1, 2 and 3

Q145) Consider the following statements: 1.

KALIA Scheme has been launched by state of Telangana to increase agricultural prosperity

2.

KALIA Scheme sharecroppers

does not cover

(a) (b) (c) (d)

1 and 2 only 2 only 2 and 3 only None of the above

Q147) DAMaN is an initiative for which of the following? (e) Eradicating Ebola (f) Eradicating Malaria (g) Providing crop insurance (h) Pension scheme Q148) Consider the following related to National Commission (NSC):

statements Statistical

1.

It is a statutory body under the Ministry of Statistics and Programme Implementation.

2.

It is headed by the Prime Minister

3.

It acts as the nodal agency for setting statistical standards and brings about coordination among different statistical agencies.

Which of the statements given above is/are correct? (a) (b)

1 only 1 and 2 only

RAU’S IAS DNS QUESTIONS| INDIAN ECONOMY AND ECONOMIC DEVELOPMENT

23

(c) (d)

3 only 1 and 3 only

(c) (d)

Q149) Which among the following is/are the responsibilities of Department for Promotion of Industry and Internal Trade? 1.

Promotion of Internal Trade

2.

Welfare of Traders

3.

E-Commerce

4.

Monitoring of prices and availability of essential commodities.

Select the correct answer using the code given below: (a) (b) (c) (d)

1 only 1 and 2 only 1, 2 and 3 only 1, 2, 3 and 4 only

2. 3.

It is released Bureau

by

the

It provides data upon only Urban employment-unemployment It is provided for both at State/UT and Pan-India level

1 Only 2 Only 3 Only 1, 2 and 3

Q151) Consider the following statements with regards to Provisioning: 1.

2.

Prudential norms of Provisioning was recommended by the Narasimham Committee It should be made on the basis of the classification of assets for the period it has remained nonperforming

Which of the statements given above is/are correct? (a) (b)

1.

It is a monthly production index released by Ministry of Finance

2.

It is the lead indicator of the monthly industrial performance

Which of the statements given above is/are correct? (a) (b) (c) (d)

1 Only 2 Only Both 1 and 2 Neither 1 nor 2

1.

The base year used for calculation is 2011-12

2.

Electricity generation does not include generation from renewable sources

Labour

Which of the statements given above is/are correct? (a) (b) (c) (d)

Q152) Consider the following statements on Index of Eight Core Industries:

Q153) Which of the statements about Index of Eight Core Industries is /are correct?

Q150) Consider the following statements about Periodic Labour Force Survey: 1.

Both 1 and 2 Neither 1 nor 2

Select the correct answer from the codes given below: (a) (b) (c) (d)

1 Only 2 Only Both 1 and 2 Neither 1 nor 2

Q154) 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. (a) (b) (c) (d)

1 only 2 and 3 only 1 and 3 only 1, 2, 3 and 4

1 Only 2 Only RAU’S IAS DNS QUESTIONS| INDIAN ECONOMY AND ECONOMIC DEVELOPMENT

24

Q155) 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 governments

3.

Loans and advances granted to the States and Union Territories

from

foreign

Select the correct answer using the code given below. (a) (b) (c) (d)

1 only 2 and 3 only 1 and 3 only 1, 2 and 3

Q156) In India, deficit financing is used for raising resources for (a) economic development (b) redemption of public debt (c) adjusting the balance of payments (d) reducing the foreign debt Q157) In the Indian context Pink revolution is related? (a) Rose flower production (b) Women empowerment (c) Meat Processing (d) Pulses production Q158) Consider the following statements related to Pradhan Mantri Kisan Samman Nidhi (PM-KISAN): 1.

This scheme provides for direct income support for the benefit of all the farmers in India.

2.

This scheme would also cover landless agricultural labourers

Which of the statements given above is/are correct? (a) (b) (c) (d)

1 only 2 only Both 1 and 2 Neither 1 nor 2

Q159) Which of the following is the highest exported commodity of India for 201718? (a) Gold (b) Petroleum products (c) Pharmaceuticals (d) Electronics Q160) Which of the following government schemes can be associated with subsidy in LPG cylinders? 1.

PAHAL

2.

PM UJJWALA

3.

JAN DHAN

4.

SWAYAM

Select the correct answer using the code given below: (a) (b) (c) (d)

1 3 1 2

and and and and

2 4 3 4

only only only only

Q161) Who among the following publishes the World Economic Situations and Prospects Report? (a) IMF (b) WTO (c) World Bank (d) None of the above Q162) Consider the following statements related to Pradhan Mantri Jan Arogya Abhiyan (PMJAA): 1.

This health insurance scheme provides free coverage of up to Rs 10 lakh per family per year.

2.

The scheme covers insurance for secondary and tertiary treatment

Which among the above statements is/are correct? (a) (b) (c) (d)

1 only 2 only Both 1 and 2 only Neither 1 nor 2

RAU’S IAS DNS QUESTIONS| INDIAN ECONOMY AND ECONOMIC DEVELOPMENT

25

Q163) Consider the following statements related to National Health Protection Policy 2017: 1.

2.

It aims to increase government's expenditure health to 3% .

the on

The policy advocates allocating major proportion of resources to primary care followed by secondary and tertiary care.

Which of the statements given above is/are correct? (a) (b) (c) (d)

1 only 2 only Both 1 and 2 only Neither 1 nor 2

Q164) With reference to Pradhan Mantri Shram-Yogi Mandhan, Consider the following statements: 1.

It would provide for a guaranteed pension of Rs 3000 per Month.

2.

It would be applicable for all the workers in the unorganized sector.

Select the correct answer using the code given below: (a) (b) (c) (d)

1 only 2 only Both 1 and 2 only Neither 1 nor 2

Q165) Which among the following entities are required to register and regulate the deposit schemes in India? 1.

RBI

2.

SEBI

3.

State Government

Select the correct answer using the code given below: (a) (b) (c) (d)

1 only 1 and 2 only 3 only 1, 2 and 3

Q166) Which of the following releases the IP International Index? (a) US Chamber of Commerce (b) US Treasury Department

(c) (d)

World Economic Forum World Intellectual Organisation

Property

Q167) Consider the following statements: 1.

The repo rate is the rate at which other banks borrow from the Reserve Bank of India

2.

RBI's benchmark interest rates is decided by the Monetary Policy Committee

Which of the statements given above is/are correct? (a) (b) (c) (d)

1 Only 2 Only Both 1 and 2 Neither 1 nor 2

Q168) Consider the following statements: 1.

The accommodative policy stance means RBI may reduce the policy rates to increase the money supply in the economy.

2.

The Calibrated tightening would mean RBI would either keep the policy rates constant or increase the rates.

Which of the statements given above is/are correct? (a) (b) (c) (d)

1 Only 2 Only Both 1 and 2 Neither 1 nor 2

Q169) GIFT city in Gujarat has ben created under which of the following ? (a) SEBI act (b) SEZ act (c) NMIZ (d) None of the above Q170) Which of the following can be said to be the probable benefit/benefits of buyback of shares? 1.

Consolidation promoters.

of

ownership

by

2.

Increasing price per share reducing its circulation.

by

RAU’S IAS DNS QUESTIONS| INDIAN ECONOMY AND ECONOMIC DEVELOPMENT

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3.

To provide as an additional exit route to shareholders when shares are under valued.

Select the correct answer using the codes given below: (a) (b) (c) (d)

1 and 3 only 2 and 3 only 1 only 1, 2 and 3

Q171) SDG India Index Baseline Report, 2018 has been prepared by? (a) Ministry of Finance (b) CRISIL (c) RBI (d) NITI Aayog

Q172) Consider the following statements related to Labour Force Participation Rate (LFPR):

(d)

Neither 1 nor 2

Q174) Which of the statement correctly describes 'Currency in Circulation'? (a) It includes notes in circulation, rupee coins and small coins with public and with banks (b) It only includes notes in circulation with public (c) It includes notes and coins released from vaults of banks (d) It means the notes and coins provided by RBI & Government of India to public and to banks

Q175) Which of the following would enhance India's ability to harness the Demographic dividend? 1.

Increase in share of dependency population upon working population

1.

It refers to the percentage of the population which is presently employed in a country.

2.

2.

The LFPR is higher for the males as compared to Females in India.

Augmenting public & private investment in services & industrial sector

3.

3.

The LFPR of the rural females is higher than the Urban Females.

Increased distribution of farm income among members of a household

Which of the statements given above is/are correct? (a) (b) (c) (d)

1 only 1and 2 only 2 and 3 only 1, 2 and 3

Q173) Consider the following statements related to Saubhagya Scheme: 1.

2.

It aims to ensure universal household electrification for all the rural and urban households. The Rural Electrification Corporation is the nodal agency for the implementation of the scheme.

Which of the statements given above is/are correct? (a) (b) (c)

1 only 2 only Both 1 and 2

Select the correct answer from the codes given below: (a) (b) (c) (d)

1 Only 1 and 3 only 2 Only 1, 2 and 3

Q176) The provision of Most Favoured Nation can be found in which of the following 1.

General Agreements on Tariff & Trade (GATT)

2.

General Agreements on Trade in Services (GATS)

3.

Agreement on Trade Related Aspects of Intellectual Property Rights (TRIPS)

Select the correct answer using the code given below: (a) (b) (c)

1 only 2 only 3 only

RAU’S IAS DNS QUESTIONS| INDIAN ECONOMY AND ECONOMIC DEVELOPMENT

27

(d)

1, 2 and 3

(c) (d)

Both 1 and 2 Neither 1 nor 2

Q177) Consider the following statements: 1.

Positive Merchandise Trade balance indicates greater import.

2.

Negative Merchandise Trade balance indicates greater export.

Which of the is/are correct? (a) (b) (c) (d)

following

statements

1 only 2 only Both 1 and 2 Neither 1 nor 2

1.

The scheme aims to add a solar capacity of 20,000MW by 2022

2.

It is related to the installation of standalone solar powered Agricultural pumps only

Which of the statement(s) given above is/are correct?

Q178) With reference to Mari culture, consider the following statements: 1.

It is related to the cultivation of plants and fishes in fresh water.

2.

Seaweeds are rich sources omega 3 and 6 fatty acids

of

Which of the statements given above is/are correct? (a) (b) (c) (d)

Q181) With reference to the KUSUM scheme, Consider the following statements:

1 only 2 only Both 1 and 2 Neither 1 nor 2

Q179) The revised guidelines for chartering of ships gives Right of First Refusal to which of the following? (a) Indian Flagged ships (b) Ships built in India (c) Ships owned by private entities (d) Ships owned by Government/public corporations Q180) With reference to the Grid Connected Rooftop Solar Programme, Consider the following statements: 1.

It targets a cumulative capacity of 4000 MW by 2022

2.

Central Financial Assistance is available to residential sector, Group Housing societies only.

(a) (b) (c) (d)

1 only 2 only Both 1 and 2 Neither 1 nor 2

Q182) With reference to the Consumer price index, consider the following statements: 1.

GST has a higher bearing on CPI as compared to the WPI

2.

It gives maximum weightage to food and beverages.

Which of the statement(s) given above is/are correct? (a) (b) (c) (d)

1 only 2 only Both 1 and 2 Neither 1 nor 2

Q183) Consider the following statements related to Most Favoured Nation (MFN) Clause: 1.

It is one of the principles of the WTO.

2.

Under the MFN principle, trade concession offered by one member country to another member country gets extended to other member countries as well.

3.

This principle ensures fair and non-discriminatory international trade.

Which of the statements given above is/are correct?

Which of the statements given above is/are correct?

(a) (b)

(a) (b)

1 only 2 only

1 only 1 and 2 only

RAU’S IAS DNS QUESTIONS| INDIAN ECONOMY AND ECONOMIC DEVELOPMENT

28

(c) (d)

2 and 3 only 1, 2 and 3

(d)

Q184) Which among the following are effects of falling international crude oil prices on Indian economy? 1.

It leads to increase in Inflation.

2.

It leads to an increase in the repo rate by RBI.

It is the income tax payable by investors on capital provided for purchase of shares when the purchase value of share price is seen in excess of the fair market value

Q187) Which among the following statements is/are correct about BharatNet?

Select the correct option:

1.

It is implemented by BSNL

(a) (b) (c) (d)

2.

It is being funded by the Universal Service Obligation Fund

Select the correct answer from the codes given below:

1 only 2 only Both 1 and 2 Neither 1 nor 2

Q185) With respect to wholesale price index, consider the following statements: 1.

It is compiled by Central Statistics Office (CSO)

2.

It gives highest weightage of the manufactured products.

Select the correct answer using the code given below: (a) (b) (c) (d)

1 only 2 only Both 1 and 2 Neither 1 nor 2

Q186) Which among the following statements correctly describes 'Angel tax'? (a) It is used to refer to the income tax payable on capital raised by unlisted companies via issue of shares where the share price is seen in excess of the fair market value of the shares sold (b) It is the income tax payable on prospective capital by unlisted companies via issue of shares where the share price is seen in excess of the fair market value of the shares sold (c) Income tax payable on capital raised by newly registered companies on stock exchange via issue of shares where the share price is seen in excess of the fair market value of the shares sold

(a) (b) (c) (d)

1 Only 2 Only Both 1 and 2 Neither 1 nor 2

Q188) Which of the following are external benchmark's options provided by Reserve Bank of India to banks? 1.

Repurchase Rate

2.

91-day Treasury bill yield

Select the correct answer from the codes given below: (a) (b) (c) (d)

1 only 2 only Both 1 and 2 Neither 1 nor 2

Q189) Which of the following can be said to be the features of "Gig Economy"? 1.

Labour Market temporary work.

based

on

2.

Employees are contractual basis.

hired

on

3.

Lack of financial security.

Select the correct answer using the code given below: (a) (b) (c) (d)

1 and 2 only 2 and 3 only 1 and 3 only 1, 2 and 3

Q190) Consider the following statements related to National Pharmaceutical Pricing Authority:

RAU’S IAS DNS QUESTIONS| INDIAN ECONOMY AND ECONOMIC DEVELOPMENT

29

1.

It enforces the prices and availability of Scheduled Drugs.

2.

It is not empowered to check the increase in the prices of nonscheduled drugs.

Q193) Consider the following statements related to the National Mineral Policy ,2019 : 1.

It proposes to grant industry status to mining activities.

It has been empowered to fix the prices of drugs which are not under the National List of Essential Medicines (NLEM)

2.

It has introduced the concept on inter-generational equity .

Which of the statements given above is/are correct?

(a) (b) (c) (d)

3.

(a) (b) (c) (d)

1 and 2 only 2 and 3 only 1 and 3 only 1, 2 and 3

Q191) Consider the following statements related to Generic Medicines:

Which of the statements given above is/are correct? 1 Only 2 Only Both 1 and 2 Neither 1 nor 2

Q194) With respect to FAME India Scheme , which of the following statements are correct?? 1.

The Generic Medicines have the same chemical composition as branded drugs.

It comes under the Ministry of Power.

2.

It incentivizes the purchase of Electric Vehicles in India

2.

They are sold under the chemical composition name.

Select the correct answer using the code given below:

3.

They are usually the patented drugs made available to the people at cheaper prices.

(a) (b) (c) (d)

1.

Which of the statements given above is/are correct? (a) (b) (c) (d)

1 and 2 only 2 and 3 only 1 and 3 only 1, 2 and 3

Q192) Consider the following related to Orphan Drugs:

Q195) Consider the following statements related to Purchasing Managers Index (PMI)

statements

1.

These drugs are used to treat life threatening rare diseases.

2.

Patents are not issued for the Orphan Drugs.

1.

It is compiled and published by Markit Economics.

2.

It takes into the account the manufacturing activity in both Private Sector Companies and PSUs.

3.

The PMI reading of over 50 denotes expansion in manufacturing activity while a reading of below 50 denotes contraction.

Which of the statements given above is/are correct? (a) (b) (c) (d)

1 only 2 only Both 1 and 2 Neither 1 nor 2

1 Only 2 Only Both 1 and 2 Neither 1 nor 2

Which of the statements given above is/are correct? (a) (b) (c) (d)

1 2 1 3

only only and 2 only only

RAU’S IAS DNS QUESTIONS| INDIAN ECONOMY AND ECONOMIC DEVELOPMENT

30

Q196) With reference to National Investment Infrastructure Fund (NIIF), Consider the following statements: 1.

2.

It is sovereign wealth fund of India with 100% ownership of the Central Government. It provides equity financing support to the infrastructure financing companies.

Which of the statements given above is/are correct? (a) (b) (c) (d)

1 only 2 only Both 1 and 2 Neither 1 nor 2

1.

Lack of necessary infrastructure

2.

Electricity Generation

3.

Government subsidy

Select the correct answer using the code given below: 1 and 2 only 2 and 3 only 1 and 3 only 1, 2 and 3

Q198) Central Statistics Organisation comes under which of the following Ministry? (a) Ministry of Commerce and Industry (b) Ministry of Finance (c) Ministry of Commerce (d) Ministry of Statistics & Programme Implementation Q199) Consider the following related to SWIFT Network: 1.

2.

statements

It is an institute that provides for international funds transfer across the globe. It has been established by Bank of International settlement (BIS).

Which of the statements given above is/are correct? (a)

1 only

2 only Both 1 and 2 Neither 1 nor 2

Q200) Consider the following statements of National Common Mobility Card: 1.

It is an initiative of Ministry of Transport.

2.

The National Payments Corporation of India (NPCI) has been entrusted to prepare the standards & specifications of the National Common Mobility Card (NCMC).

Which of the statements given above is/are correct?

Q197) Which of the following can be said to be a challenge with respect to having electric vehicles in India?

(a) (b) (c) (d)

(b) (c) (d)

(a) (b) (c) (d)

1 only 2 only Both 1 and 2 Neither 1 nor 2

Q201) Which of the following is correct about the Most favoured Nation status under WTO? (a) The countries can impose discriminatory tariffs on other member nation. (b) The countries cannot provide preferential treatment to the member countries (c) WTO allows members to give special and differential treatment to the developing countries (d) None of the above Q202) Consider the following statements related to National Family Health Survey (NFHS): 1.

The NFHS is carried out by NSSO every year.

2.

The NFHS was carried out for the first time in the year 2018-19.

Which of the statements given above is/are correct? (a) (b) (c) (d)

1 only 2 only Both 1 and 2 Neither 1 nor 2

RAU’S IAS DNS QUESTIONS| INDIAN ECONOMY AND ECONOMIC DEVELOPMENT

31

3. Q203) In which among the following sectors is FDI prohibited in India? 1.

Atomic Energy

2.

Banking

3.

Manufacture of Cigarettes

4.

Gambling and Lottery Business

Select the correct answer using the code given below: (a) (b) (c) (d)

1 and 2 only 2 and 3 only 1, 3 and 4 only 1, 2, 3 and 4

Q204) Which among the following can be considered as part of Strategic Disinvestment of government PSU? 1.

Transfer of a block of shares to the private sector.

2.

Transfer of management control to the Private Sector.

Select the correct answer by using the code given below (a) (b) (c) (d)

1 only 2 only Both 1 and 2 Neither 1 nor 2

Q205) Consider the following statements related to Alternative Mechanism of Disinvestment: 1.

It is headed by Prime Minister.

2.

It has been empowered to give inprinciple approval for the disinvestment of the PSUs.

Select the correct answer by using the code given below (a) (b) (c) (d)

1 only 2 only Both 1 and 2 Neither 1 nor 2

Q206) Consider the following statements about ATMs in India: 1.

Brown label ATMs are completely owned by the Banks.

2.

White label ATMs are partially owned by the Banks

White label ATMs can use their own logos instead of the bank's logo

Which of the statements given above is/are correct? (a) (b) (c) (d)

1 and 2 only 2 only 3 only 1,2 and 3

Q207) With reference to swachh survekshan 2019, which of the following statements is/are correct? 1.

As per report , Raipur in Chhattisgarh has emerged the cleanest city in India.

2.

It has added a new assessment parameter of certifying garbage free cities.

Select the correct answer using the code given below (a) (b) (c) (d)

1 only 2 only Both 1and 2 Neither 1 nor 2

Q208) Consider the following related to safeguard duty:

statements

1.

Safeguard duty is a form of temporary relief which is used when imports of a particular product increase unexpectedly to a point that they adversely affect the domestic producers.

2.

The imposition of Safeguard duty is completely prohibited by the WTO.

Which of the statements given above is/are correct? (a) (b) (c) (d)

1 only 2 only Both 1and 2 Neither 1 nor 2

Q209) Consider the following statements related to Unconventional Monetary Policies: 1.

The Zero Interest Rate Policy and Negative Interest rate policy is

RAU’S IAS DNS QUESTIONS| INDIAN ECONOMY AND ECONOMIC DEVELOPMENT

32

followed by the countries in order to control high rate of Inflation.

1.

No country has so far adopted Negative Interest rate policy.

It is a new tool used by the RBI to control the liquidity in the economy.

2.

Which of the statements given above is/are correct?

It leads to decrease in the forex reserves.

3.

It leads to decrease in the rupee supply in the economy.

2.

(a) (b) (c) (d)

1 only 2 only Both 1and 2 Neither 1 nor 2

Q210) Consider the following statements related to Real Estate Investment Trust (REIT): 1.

The REITs pool money from retail investors for investing money in the Real Estate projects.

2.

The REITs are regulated by RBI in India.

3.

All the REITs have to be listed on the stock exchanges.

Which of the statements given above is/are correct? (a) (b) (c) (d)

1 and 2 only 2 and 3 only 1 and 3 only 1, 2 and 3

Q211) Consider the following statements related to Open Market Operations (OMOs): 1.

It involves buying/selling of the GSecs in order to control money supply in the economy.

2.

The RBI sells G-Secs in order to inject money into the economy.

Which of the statements given above is/are correct? (a) (b) (c) (d)

1 only 2 only Both 1and 2 Neither 1 nor 2

Q212) Consider the following statements related to Foreign Exchange buy/sell Swap:

Which of the statements given above is/are correct? (a) (b) (c) (d)

1 only 1 and 2 only 1 and 3 only 1,2 and 3

Q213) GSP was recently in the news. It is associated most closely with which of the following aspect of trade? (a) Differential treatment (b) Zero-Sum trade (c) US Exports Incentive Scheme (d) Higher tariffs on Imported goods Q214) Which of the following can be said to be correct with respect to Trade Deficit? 1.

A country's export is more than its import.

2.

It signifies outflow of domestic currency to foreign markets.

Select the correct answer using the code given below: (a) (b) (c) (d)

1 only 2 only Both 1and 2 Neither 1 nor 2

Q215) With reference to Balance of Payments, which of the following constitutes the capital account? 1.

Foreign Direct Investment

2.

Portfolio Investment

3.

Balance of invisibles

Select the correct answer using the code given below: (a) (b) (c) (d)

1 only 1 and 3 only 1 and 2 only 1, 2 and 3

RAU’S IAS DNS QUESTIONS| INDIAN ECONOMY AND ECONOMIC DEVELOPMENT

33

Q216) Consider the following statements related to Renewable Purchase Obligation (RPO) policy in India: 1.

2.

Under this policy, the DISCOMs are required to purchase a certain percentage of their power requirements from both solar and non-solar renewable energy projects. The target for the RPOs is set by the Central Electricity Regulatory Commission (CERC).

Which of the statements given above is/are correct? (a) (b) (c) (d)

Q218) Consider the following statements related to generation of renewable energy in India: 1.

The Indian Government has set a target to generate 40% of the electricity through renewable energy.

2.

Presently, the solar energy accounts for highest share among the renewable energy resources.

3.

The large hydro power projects are treated as renewable energy in India.

Which of the statements given above is/are correct? (a) (b) (c) (d)

1 only 2 only Both 1and 2 Neither 1 nor 2

Q217) Consider the followings statements related to Sovereign Gold Bond Scheme: 1.

It has been introduced to reduce the import of Gold into India.

2.

The Sovereign Gold Bonds can be redeemed in terms of Gold.

3.

The Sovereign Gold Bonds are tradeable in the secondary market.

1 and 2 only 2 and 3 only 1 and 3 only 1, 2 and 3

Which of the statements given above is/are correct? (a) (b) (c) (d)

1 and 2 only 2 and 3 only 1 and 3 only 1, 2 and 3

RAU’S IAS DNS QUESTIONS| INDIAN ECONOMY AND ECONOMIC DEVELOPMENT

34

Answer Key of

DNS

INDIAN ECONOMY AND ECONOMIC DEVELOPMENT 1. 2. 3. 4. 5. 6. 7. 8.

b a b c d c c d

38. 39. 40. 41. 42. 43. 44. 45.

d a d b c b d c

75. 76. 77. 78. 79. 80. 81. 82.

d b c b b d b d

112. 113. 114. 115. 116. 117. 118. 119.

d c a c c a b d

9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30. 31. 32. 33. 34.

d a d c b d d d a b c b c c a a b c a c b a a d c c

46. 47. 48. 49. 50. 51. 52. 53. 54. 55. 56. 57. 58. 59. 60. 61. 62. 63. 64. 65. 66. 67. 68. 69. 70. 71.

a c c d b c d d b c c a a c d b c b d a d c a a a a

83. 84. 85. 86. 87. 88. 89. 90. 91. 92. 93. 94. 95. 96. 97. 98. 99. 100. 101. 102. 103. 104. 105. 106. 107. 108.

c a b c c d a d d c b d c d a d d c d b d c d b b b

120. 121. 122. 123. 124. 125. 126. 127. 128. 129. 130. 131. 132. 133. 134. 135. 136. 137. 138. 139. 140. 141. 142. 143. 144.

c c a b a b a a b a c c c a c a b c c d d c d c b d

35. 36.

d c

72. 73.

a a

109. 110.

b a

146.

37.

a

74.

c

111.

d

145. 147. 148.

b b c

149. 150. 151. 152. 153. 154. 155. 156. 157. 158. 159. 160. 161. 162. 163. 164. 165. 166. 167. 168. 169. 170. 171. 172. 173. 174. 175. 176. 177. 178. 179. 180. 181. 182. 183. 184. 185.

c c c b a c d a c d b a d b b a d a c c b d d c b a c d d b b b a c

186. 187. 188. 189. 190. 191. 192. 193. 194. 195. 196. 197. 198. 199. 200. 201. 202. 203. 204. 205. 206. 207. 208. 209. 210. 211. 212. 213. 214. 215. 216. 217. 218.

a b c d c a a c b d b a d d b c d c c d c b a d c a a a b c a c c

d d b

RAU’S IAS DNS QUESTIONS| INDIAN ECONOMY AND ECONOMIC DEVELOPMENT

35