ALLIED Question Paper – 2024 – Economics

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#1. What was the density of population in India in the year 1951.

#2. Which of the following is the highest decision-making body in India for monetary policy?

#3. The term “Liquidity Trap,” often discussed in macroeconomic theory, refers to a situation where:

#4. The term “Liquidity Trap,” often discussed in macroeconomic theory, refers to a situation where:

#5. Which of the following is not a component of the Human Development Index (HDI) as calculated by the United Nations Development Programme (UNDP)?




#6. The “Repo Rate” in India refers to the rate at which

#7. The “Fiscal Responsibility and Budget Management (FRBM) Act” in India aims to

#8. Given below are two statements:
Statement-I: India’s Current Account Deficit (CAD) has narrowed to 1.9% of GDP in fiscal 2023
Statement-II: Foreign exchange reserves have nearly doubled to US $568 billion in fiscal 2023. In the light of the above statements, choose the most appropriate answer from the options given below:

#9. Arrange the following schemes in ascending order as per the year in which they were launched:
(1) Rural Landless Employment Guarantee Programme
(2) Integrated Rural Development Programme
(3) Swarnjayanti Gram Swarozgar Yojana
(4) Jawahar Rozgar Yojana
Choose the correct answer from the options given below

#10. Consider the following statements:
(1) Historically, nominal GDP growth rate has been lower than interest rates
(2) Outstanding liabilities of the general government are estimated to be 66.5% in 2022-23
(3) In 2022-23, GDP is estimated to grow at 7% in real terms
(4) In 2022-23, inflationary expectations of businesses and households have moderated.
Choose the correct statements from the options given below:




#11. Match List-I with List-II:
Choose the correct answer from the options given below:
(a) (b) (c ) (d)

#12. Gender disparities in nutrition is responsible for

#13. Consider the following statements:
(1) In June 2019, the Minister of Power announced that India has become a power surplus country, with no shortage of electricity or coal.
(2) Currently, India produces a majority of its energy from renewable sources.
(3) India’s per capita power consumption was 1,149 kWh as on March 31, 2018.
(4) PPAs are bilateral contracts between the procurers (discoma) and the generators (power planta).
Choose the correct answer from the options given below

#14. Match List-I with List-II:
Choose the correct answer from the options given below:
(a) (b) (c) (d)

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