#1. In the context of any country which one of the following would be considered as part of its social capital? [2019]

The proportion of literates in the population.

The stock of its buildings, other infrastructure and machines.

The size of the population in the working age group.

The level of mutual trust and harmony in the society.

#2. Which of the following is issued by registered foreign portfolio investors to overseas investors who want to be part of the Indian stock market without registering themselves directly? (2019)

Certificate of Deposit

Commercial Paper

Promissory Note

Participatory Note

#3. The Service Area Approach was implemented under the purview of (2019)

Integrated Rural Development Programme

Lead Bank Scheme

Mahatma Gandhi National Rural Employment Guarantee Scheme

National Skill Development Mission

#4. Which one of the following statements correctly describes the meaning of legal tender money? (2018)

The money which is tendered in courts of law to defray the fee of legal cases

The money which a creditor is under compulsion to accept in settlement of his claims

The bank money in the form of cheques, drafts, bills of exchange, etc

The metallic money in circulation in a country

#5. With reference to the governance of public sector banking in India, consider the following statements [2018] 1. Capital infusion into public sector banks by the Government of India has steadily increased in the last decade. 2. To put the public sector banks in order, the merger of associate banks with the parent State Bank of India has been affecte(d) Which of the statements given above is/are correct ?

1 only

2 only

Both 1 and 2

Neither 1 nor 2

#6. Global Financial Stability Report’ is prepared by the (2016)

European Central Bank

International Monetary Fund

International Bank for Reconstruction and Development

Organization for Economic Cooperation and Development

#7. Which of the following is/are included in the capital budget of the Government of India? [2016] 1. Expenditure on acquisition of assets like roads, buildings, machinery, etc. 2. Loans received from foreign governments 3. Loans and advances granted to the States and Union Territories Select the correct answer using the code given below.

1 only

2 and 3 only

1 and 3 only

1, 2 and 3

#8. 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? [2016] 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.

1 only

2 and 3 only

1 and 3 only

1, 2, 3 and 4

#9. The term ‘Base Erosion and Profit Shifting’ is sometimes seen in the news in the context of [2016]

mining operation by multinational companies in resource-rich but backward areas

curbing of the tax evasion by multinational companies

exploitation of genetic resources of a country by multinational companies

lack of consideration of environmental costs in the planning and implementation of developmental projects

#10. With reference to ‘Bitcoins’, sometimes seen in the news, which of the following statements is/are correct? [2016] 1. Bitcoins are tracked by the Central Banks of the countries. 2. Anyone with a Bitcoin address can send and receive Bitcoins from anyone else with a Bitcoin address. 3. Online payments can be sent without either side knowing the identity of the other. Select the correct answer using the code given below

1 and 2 only

2 and 3 only

3 only

1, 2 and 3

#11. . The term ‘Core Banking Solutions’ is sometimes seen in the news. Which of the following statements best describes/ describe this term? [2016] 1. It is a networking of a bank’s branches which enables customers to operate their accounts from any branch of the bank on its network regardless of where they open their accounts. 2. It is an effort to increase RBI’s control over commercial banks through computerization. 3. It is a detailed procedure by which a bank with huge non-performing assets is taken over by another bank. Select the correct answer using the code given below.

1 only

2 and 3 only

1 and 3 only

1, 2 and 3

#12. The establishment of ‘Payment Banks’ is being allowed in India to promote financial inclusion. Which of the following statements is/are correct in this context? [2016] 1. Mobile telephone companies and supermarket chains that are owned and controlled by residents are eligible to be promoters of Payment Banks. 2. Payment Banks can issue both credit cards and debit cards. 3. Payment Banks cannot undertake lending activities. Select the correct answer using the code given below.

1 and 2 only

1 and 3 only

2 only

1, 2 and 3

#13. What is/are the purpose/purposes of the ‘Marginal Cost of Funds based Lending Rate (MCLR)’ announced by RBI? [2016 ] 1. These guidelines help improve the transparency in the methodology followed by banks for determining the interest rates on advances. 2. These guidelines help ensure availability of bank credit at interest rates which are fair to the borrowers as well as the banks. Select the correct answer using the code given below.

1 only

2 only

Both 1 and 2

Neither 1 nor 2

+917649911100

UPSC question paper – 2016-2020 – The Tertiary Sector in the Indian Economy

Results

#1. In the context of any country which one of the following would be considered as part of its social capital? [2019]

#2. Which of the following is issued by registered foreign portfolio investors to overseas investors who want to be part of the Indian stock market without registering themselves directly? (2019)

#3. The Service Area Approach was implemented under the purview of (2019)

#4. Which one of the following statements correctly describes the meaning of legal tender money? (2018)

#6. Global Financial Stability Report’ is prepared by the (2016)

#9. The term ‘Base Erosion and Profit Shifting’ is sometimes seen in the news in the context of [2016]

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