Indian Economy PYQs

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1. Prelims 2010Q137Money & Banking

   With reference to the institution of Banking Ombudsman in India, which one of the statements is not correct ?

   aThe Banking Ombudsman is appointed by the Reserve Bank of IndiabThe Banking Ombudsman can consider complaints from Non-Resident Indians having accounts in IndiacThe orders passed by the Banking Ombudsman are final and binding on the parties concerneddThe service provided by the Banking Ombudsman is free of any fee
2. Prelims 2010Q138Money & Banking

   With reference to India, consider the following :

   1.Nationalization of Banks

   2.Formation of Regional Rural Banks

   3.Adoption of villages by Bank Branches

   Which of the above can be considered as steps taken to achieve the “financial inclusion” in India ?

   a1 and 2 onlyb2 and 3 onlyc3 onlyd1, 2 and 3
3. Prelims 2010Q142Money & Banking

   Consider the following statements :

   The functions of commercial banks in India include

   1.Purchase and sale of shares and securities on behalf of customers.

   2.Acting as executors and trustees of wills.

   Which of the statements given above is/are correct ?

   a1 onlyb2 onlycBoth 1 and 2dNeither 1 nor 2
4. Prelims 2010Q143Taxation

   In India, the tax proceeds of which one of the following as a percentage of gross tax revenue has significantly declined in the last five years ?

   aService taxbPersonal income taxcExcise dutydCorporation tax
5. Prelims 2010Q146Agriculture & Food Security

   In India, during the last decade the total cultivated land for which one of the following crops has remained more or less stagnant ?

   aRicebOilseedscPulsesdSugarcane
6. Prelims 2010Q147Agriculture & Food Security

   Consider the following statements :

   1.The Union Government fixes the Statutory Minimum Price of sugarcane for each sugar season.

   2.Sugar and sugarcane are essential commodities under the Essential Commodities Act.

   Which of the statements given above is/are correct ?

   a1 onlyb2 onlycBoth 1 and 2dNeither 1 nor 2
7. Prelims 2010Q148National Income & Growth

   With reference to Indian economy, consider the following statements :

   1.The Gross Domestic Product (GDP) has increased by four times in the last 10 years.

   2.The percentage share of Public Sector in GDP has declined in the last 10 years.

   Which of the statements given above is/are correct ?

   a1 onlyb2 onlycBoth 1 and 2dNeither 1 nor 2
8. Prelims 2010Q150International Organisations & Reports

   The International Development Association, a lending agency, is administered by the

   aInternational Bank for Reconstruction and DevelopmentbInternational Fund for Agricultural DevelopmentcUnited Nations Development ProgrammedUnited Nations Industrial Development Organization
9. Prelims 2009Q5Industry & Infrastructure

   Consider the following statements:

   1.MMTC Limited is India's largest international trading organisation.

   2.Neelachal Ispat Nigam Limited has been set up by MMTC jointly with the Government of Orissa.

   Which of the statements given above is/are correct?

   a1 onlyb2 onlycBoth 1 and 2dNeither 1 nor 2
10. Prelims 2009Q7Financial Markets & Institutions

    Which one of the following pairs is not correctly matched?

    aJapan : NikkeibSingapore : ShcompcUK : FTSEdUSA : Nasdaq
11. Prelims 2009Q9Agriculture & Food Security

    Consider the following statements:

    1.The Commission for Agricultural Costs and Prices recommends the Minimum Support Prices for 32 crops.

    2.The Union Ministry of Consumer Affairs, Food and Public Distribution has launched the National Food Security Mission.

    Which of the statements given above is/are correct?

    a1 onlyb2 onlycBoth 1 and 2dNeither 1 nor 2
12. Prelims 2009Q11Industry & Infrastructure

    Among other things, which one of the following was the purpose for which the Deepak Parekh Committee was constituted?

    aTo study the current socio-economic conditions of certain minority communitiesbTo suggest measures for financing the development of infrastructurecTo frame a policy on the production of genetically modified organismsdTo suggest measures to reduce the fiscal deficit in the Union Budget
13. Prelims 2009Q16Industry & Infrastructure

    With which one of the following has the B. K. Chaturvedi Committee dealt?

    aReview of Centre-State relationsbReview of Delimitation ActcTax reforms and measures to increase revenuesdPrice reforms in the oil sector
14. Prelims 2009Q21Poverty, Unemployment & Social Sector

    With reference to the schemes launched by the Union Government, consider the following statements:

    1.Ministry of Health and Family Welfare launched the Rashtriya Swasthya Bima Yojana.

    2.Ministry of Textiles launched the Rajiv Gandhi Shilpi Swasthya Bima Yojana.

    Which of the statements given above is/are correct?

    a1 onlyb2 onlycBoth 1 and 2dNeither 1 nor 2
15. Prelims 2009Q29Money & Banking

    Consider the following pairs :

    Large Bank : Country of origin

    1.ABN Amro Bank : USA

    2.Barclays Bank : UK

    3.Kookmin Bank : Japan

    Which of the above pairs is/are correctly matched ?

    a1 onlyb2 onlyc1 and 2d2 and 3
16. Prelims 2009Q45National Income & Growth

    Which one of the following brings out the publication called "Energy Statistics" from time to time ?

    aCentral Power Research InstitutebPlanning CommissioncPower Finance Corporation Ltd.dCentral Statistical Organization
17. Prelims 2009Q49Taxation

    Consider the following :

    1.Fringe Benefit Tax

    2.Interest Tax

    3.Securities Transaction Tax

    Which of the above is/are Direct Tax/Taxes ?

    a1 onlyb1 and 3 onlyc2 and 3 onlyd1, 2 and 3
18. Prelims 2009Q75Planning & NITI Aayog

    During which Five Year Plan was the Emergency clamped, new elections took place and the Janata Party was elected ?

    aThirdbFourthcFifthdSixth
19. Prelims 2009Q76Poverty, Unemployment & Social Sector

    Consider the following statements :

    1.Infant mortality rate takes into account the death of infants within a month after birth.

    2.Infant mortality rate is the number of infant deaths in a particular year, per 100 live births during that year.

    Which of the above statements is/are correct ?

    a1 onlyb2 onlycBoth 1 and 2dNeither 1 nor 2
20. Prelims 2009Q89International Trade & WTO

    Consider the following statements :

    1.The first telegraph line in India was laid between Kolkata (formerly Calcutta) and Diamond Harbour.

    2.The first Export Processing Zone in India was set up in Kandla.

    Which of the statements given above is/are correct ?

    a1 onlyb2 onlycBoth 1 and 2dNeither 1 nor 2