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
Consider the following actions which the Government can take: 1. Devaluing the domestic currency. 2. Reduction in the export subsidy. 3. Adopting suitable polic…
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…
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…
Which one of the following statements appropriately describes the "fiscal stimulus"?
A rapid increase in the rate of inflation is sometimes attributed to the "base effect". What is "base effect"?
India is regarded as a country with "Demographic Dividend". This is due to
Which one of the following is not a feature of "Value Added Tax"?
A "closed economy" is an economy in which:
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…
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…
The International Development Association, a lending agency, is administered by the
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?
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…
In India, which of the following is regulated by the Forward Markets Commission?
Which one of the following is not a feature of Limited Liability Partnership firm?
In India, which of the following is regulated by the Forward Markets Commission?
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…
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 …
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…