UPSC Economy Questions

309 questions with explanations

In terms of economy, the visit by foreign nationals to witness the XIX Common Wealth Games in India amounted to

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

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In the Union Budget 2011-12, a full exemption from the basic customs duty was extended to the biobased asphalt (Bioasphalt). What is the importance of this mate…

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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…

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Which one of the following statements appropriately describes the "fiscal stimulus"?

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A rapid increase in the rate of inflation is sometimes attributed to the "base effect". What is "base effect"?

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India is regarded as a country with "Demographic Dividend". This is due to

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Which one of the following is not a feature of "Value Added Tax"?

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A "closed economy" is an economy in which:

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With reference to the Indian economy, consider the following statements: 1. The Gross Domestic Product (GDP) has increased by four times in the last 10 years. 2…

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Consider the following statements: 1. The Union Government fixes the Statutory Minimum Price of sugarcane for each sugar season. 2. Sugar and sugarcane are es…

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The International Development Association, a lending agency, is administered by the

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In India, the tax proceeds of which one of the following as a percentage of gross tax revenue has significantly declined in the last five years?

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In the context of India's Five Year Plans, a shift in the pattern of industrialization, with lower emphasis on heavy industries and more on infrastructure begin…

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In India, which of the following is regulated by the Forward Markets Commission?

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Which one of the following is not a feature of Limited Liability Partnership firm?

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In India, which of the following is regulated by the Forward Markets Commission?

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With reference to India, consider the following: 1. Nationalization of Banks 2. Formation of Regional Rural Banks 3. Adoption of villages by Bank Branches Which…

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Consider the following statements: In India, taxes on transactions in Stock Exchanges and Futures Markets are 1. levied by the Union 2. collected by the States …

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Consider the following statements: The functions of commercial banks in India include 1. Purchase and sale of shares and securities on behalf of customers. 2. A…

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