UPSC Economy Questions

309 questions with explanations

Consider the following statement: The price of any currency in international market is decided by the 1. World Bank 2. Demand for goods/services provided by the…

2012gs1

Which of the following would include Foreign Direct Investment in India? 1. Subsidiaries of foreign companies in India 2. Majority foreign equity holding in Ind…

2012gs1

Despite having large reserves of coal, why does India import millions of tonnes of coal? 1. It is the policy of India to save its own coal reserves for future a…

2012gs1

Which of the following can aid in furthering the Government's objective of inclusive growth? 1) Promoting Self-Help Groups 2) Promoting Micro, Small and Mediu…

2011gs1

In India, which of the following have the highest share in the disbursement of credit to agriculture and allied activities?

2011gs1

Why is the Government of India disinvesting its equity in the Central Public Sector Enterprises (CPSEs)? 1) The Government intends to use the revenue earned fro…

2011gs1

Economic growth is usually coupled with:

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The lowering of Bank Rate by the Reserve Bank of India leads to:

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Regarding the International Monetary Fund, which one of the following statements is correct?

2011gs1

Why is the offering of "teaser loans" by commercial banks a cause of economic concern? 1) The teaser loans are considered to be an aspect of sub-prime lending a…

2011gs1

In the context of Indian economy, consider the following statements: 1) The growth rate of GDP has steadily increased in the last five years. 2) The growth rate…

2011gs1

India has experienced persistent and high food inflation in the recent past. What could be the reasons? 1) Due to a gradual switchover to the cultivation of com…

2011gs1

With reference to "Aam Admi Bima Yojana", consider the following statements: 1) The member insured under the scheme must be the head of the family or an earning…

2011gs1

Consider the following actions which the Government can take: 1) Devaluing the domestic currency. 2) Reduction in the export subsidy. 3) Adopting suitable polic…

2011gs1

With reference to "Aam Admi Bima Yojana", consider the following statements: 1) The member insured under the scheme must be the head of the family or an earning…

2011gs1

All revenues received by the Union Government by way of taxes and other receipts for the conduct of Government business are credited to the

2011gs1

With what purpose is the Government of India promoting the concept of "Mega Food Parks"? 1) To provide good infrastructure facilities for the food processing in…

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Among the following, who are eligible to benefit from the "Mahatma Gandhi National Rural Employment Guarantee Act"?

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Both Foreign Direct Investment (FDI) and Foreign Institutional Investor (FII) are related to investment in a country. Which one of the following statements best…

2011gs1

Microfinance is the provision of financial services to people of low-income groups. This includes both the consumers and the self-employed. The service/ service…

2011gs1