#1. With reference to’ Indian economy, consider the following statements: [2010] 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?

1 only

2 only

Both 1 and 2

Neither 1 nor 2

#2. In the context of governance, consider the following: [2010] 1. Encouraging Foreign Direct Investment inflows 2. Privatization of higher educational Institutions 3. Down-sizing of bureaucracy 4. Selling/offloading the shares of Public Sector Undertakings Which of the above can be used as measures to control the fiscal deficit in India?

1, 2 and 3

2, 3 and 4

1, 2 and 4

3 and 4 only

#3. With reference to India, consider the following statements: [2010] 1. The Wholesale Price Index (WPI) in India is available on a monthly basis only. 2. As compared to Consumer Price Index for Industrial Workers (CPIIW), the WPI gives less weight to food articles. Which of the statements given above is/are correct?

1 only

2 only

Both 1 and 2

Neither 1 nor 2

#4. When the Reserve Bank of India announces an increase of the Cash Reserve Rate, what does it mean? [2010]

The commercial banks will have less money to lend

The Reserve Bank of India will have less money to lend

The Union Government will have less money to lend

The commercial banks will have more money to lend

#5. Which of the following is/are treated as artificial currency? (2010)

ADR

GDR

SDR

Both ADR and SDR

#6. Which one of the following statements is an appropriate description of deflation? (2010)

It is a sudden fall in the value of a currency against other currencies

It is a persistent recession in both the financial and real sectors of economy

It is a persistent fall in the general price level of goods and services

It is a fall in the rate of inflation over a period of time

#7. Consider the following: [2009] 1. Fringe Benefit Tax 2. Interest Tax 3. Securities Transaction Tax Which of the above is/are Direct Tax/Taxes?

1 only

1 and 3 only

2 and 3 only

1, 2 and 3

#8. Consider the following statements with reference to Indira Gandhi National Old Age Pension Scheme (IGNOAPS): [2008] 1. All persons of 60 years or above belonging to the households below poverty line in rural areas are eligible. 2. The Central Assistance under this Scheme is at the rate of ` 300 per month per beneficiary. Under the Scheme, States have been urged to give matching amounts. Which of the statements given above is/are correct?

1 only

2 only

Both 1 and 2

Neither 1 nor 2

#9. Which of the following pairs about India’s economic indicator and agricultural production (all in rounded figures) are correctly matched? [2008] 1. GDP per capita (current prices): ` 37,000 2. Rice : 180 million tons 3. Wheat : 75 million tons Select the correct answer using the code given below:

1, 2 and 3

1 and 2 only

2 and 3 only

1 and 3 only

#10. Participatory Notes (PNs) are associated with which one of the following? (2007)

Consolidated Fund of India

Foreign Institutional Investors

United Nations Development Programme

Kyoto Protocol

#11. Which one of the following is the correct sequence in the decreasing order of contribution of different sectors to the Gross Domestic Product of India? (2007)

Services – Industry – Agriculture

Services – Agriculture – Industry

Industry – Services – Agriculture

Industry – Agriculture – Services

#12. Which one of the following statements is correct? Fiscal Responsibility and Budget Management Act (FRBMA) concerns: (2006)

Fiscal Deficit only

Revenue deficit only

Both fiscal deficit and revenue deficit

Neither fiscal deficit nor revenue deficit

+917649911100

UPSC question paper – 2006 – 2010 –Structure of the Indian Economy & Demographics

Results

#4. When the Reserve Bank of India announces an increase of the Cash Reserve Rate, what does it mean? [2010]

#5. Which of the following is/are treated as artificial currency? (2010)

#6. Which one of the following statements is an appropriate description of deflation? (2010)

#7. Consider the following: [2009] 1. Fringe Benefit Tax 2. Interest Tax 3. Securities Transaction Tax Which of the above is/are Direct Tax/Taxes?

#10. Participatory Notes (PNs) are associated with which one of the following? (2007)

#11. Which one of the following is the correct sequence in the decreasing order of contribution of different sectors to the Gross Domestic Product of India? (2007)

#12. Which one of the following statements is correct? Fiscal Responsibility and Budget Management Act (FRBMA) concerns: (2006)

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