(Choose the correct alternative)
Ans. (c)
(Choose the correct alternative)
Ans. (c)
(Choose the correct alternative)
Identify the correct alternative from the following:
Alternatives:
Ans. (c)
(Choose the correct alternative)
Ans. (a)
Statement 1: Demonetisation was an initiative taken by the Government of India to curb black money, terrorism and circulation of fake currency.
Statement 2: Demonetisation has lead people to shift from cash payments to electronic payments.
Alternatives:
Ans. (a)
(Fill up the blank with correct alternative)
Ans. (d)
(Fill up the blank with correct alternative)
Identify the correct alternatives from the following.
Alternatives:
Ans. (d)
Statement 1: Government Budget is a detailed economic statement presented by Finance Minister.
Statement 2: Government Budget consists of financial programmes and policies of the government for the next year.
Alternatives:
Ans. (d)
Ans. (c)
Ans. (b)
(Choose the correct alternative)
Ans. (d)
Statement 1: Zamindari was introduced by the British, to ensure proper control over the revenue system in India.
Statement 2: : Zamindars were given full freedom to collect and keep the rent collected by them.
Alternatives:
Ans. (a)
(Choose the correct alternative)
Ans. (b)
Statement 1: The official data on poverty in India is issued by NITI Aayog.
Statement 2: Since independence the number of poor people in India has declined.
Alternatives:
Ans. (c)
Statement 1: Economic Reforms of 1991 paved the way for the liberalisation of Indian Economy.
Statement 2: Economic Reforms of 1991 relaxed the restrictions imposed by the government on private sector.
Ans. (c)
Ans. (c)
Ans. (b)
(Choose the correct alternative)
Ans. (c)
Statement 1: Recovery of loans is a non-debt creating capital receipt.
Statement 2: Recovery of loans cause a reduction in assets of the government.
Alternatives:
Ans. (c)
(Choose the correct alternative)
Ans. (c)
(Choose the correct alternative)
Ans. (c)
(Choose the correct alternative)
Ans. (d)
Alternatives:
Ans. (d)
Ans. (c)
Alternatives:
Ans. (c)
Statement 1: Reserve Bank of India keeps a certain percentage of deposits as reserve to avoid 'too much lending to public'
Statement 1: The reserve deposit ratio acts as a deterrence to the amount of credit created by the commercial banks.
Alternatives:
Ans. (c)
(Choose the correct alternative)
Ans. (d)
Assertion (A) : After Independence there was an expansion, in farm and non-farm output, income and employment.
Reason (R):: Rural banking has helped farmers to avail benefits of credit facilities for meeting their needs.
Alternatives:
Ans. (a)
Ans. (c)
Assertion (A) :Urban poverty is considered as a spill over of the rural poverty.
Reason (R) :Rural poor migrate to cities in search of employment and livelihood.
Alternatives:
Ans. (a)
(Choose the correct alternative)
Ans. (b)
(Choose the correct alternative)
Ans. (d)
(Choose the correct alternative)
Ans. (b)
Statement 1 :Modernisation refers to the use of new technology only.
Statement 2 :To enhance the productivity in an economy, women must be given equal opportunities at work place.
Alternatives:
Ans. (b)
(Choose the correct alternative
Ans. (d)
(Choose the correct alternative)
Ans. (a)
(Choose the correct alternative)
Ans. (b)
Assertion (A): In developing countries, growth of human capital has been faster than the growth of per capita real income.
Reason (R): Empirical evidence to prove that increase in human capital causes economic growth is rather nebulous.
Alternatives:
Ans. (b)
(Fill up the blank with correct alternative)
Ans. (d)
(Choose the correct alternative)
Ans. (d)
Assertion (A): Notes and Coins are the only source of money supply in the economy.
Reason (R): Demand deposits with commercial bank is also a component of money supply.
Alternatives:
Ans. (d)
(Choose the correct alternative)
Alternatives:
Ans. (b)
(Fill up the blank with correct alternative)
Ans. (b)
(Choose the correct alternative)
Ans. (d)
Statement 1: Unemployment and Poverty are directly related.
Statement 2: Unemployment refers to a situation when someone, who is able and willing to work, does not find work at prevailing wage rate; this may result into poverty of the masses.
Alternatives:
Ans. (a)
Assertion (A): Managed floating exchange rate system is also known as 'hybrid system'.
Reason (R): Managed floating exchange rate system is a combination of a flexible and fixed exchange rate system.
Alternatives:
Ans. (a)
Ans. (b)
(Choose the correct alternative)
Ans.(d)
(Choose the correct alternative)
Ans. (b)
(Choose the correct alternative)
Ans. (b)
(Choose the correct alternative)
Ans. (d)
(Choose the correct alternative)
Ans. (c)
(Choose the correct alternative)
Ans. (b)
(Choose the correct alternative)
Ans. (c)
Q.NO. 55-60 are to be answered on the basis of the following text:
To make India a globally competitive economy, there must be a larger focus on exporting to the most demanding markets. A stronger participation of Indian Micro, Small and Medium Enterprises (MSMEs) in the global market can accelerate such a growth. This will lead to more opportunities in scaling up production, will speed up innovation and productivity. The MSME sector in India is the backbone of our country's economic structure and without this the country cannot progress. With over 63 million, MSME units, this sector covers 80% of the industries. This sector accounts for 31 % of GDP and 45% of total exports. It is also the second largest employer in India providing jobs to over 120 million people. The MSME's should work towards becoming a part of global value chains (GVCs). It must also, find new opportunities to integrate themselves with the GVCs as exporters.
Assertion (A): Globalisation has resulted in higher inflows of foreign exchange in the Indian economy.
Reason (R): Globalisation implies integration of domestic economy with rest of the world through trade and capital flow.
Alternations:
Ans. (a)
(Choose the correct alternative)
Ans. (c)
(Choose the correct alternative)
Ans. (d)
(Choose the correct alternative)
Ans. (b)
(Choose the correct alternative)
Alternatives:
Ans. (d)
(Choose the correct alternative)
Alternatives:
Ans. (c)