UPSC Economy Questions
309 questions with explanations
With reference to the “Tea Board” in India, consider the following statements: 1. The Tea Board is a statutory body. 2. It is a regulatory body attached to the …
Other things remaining unchanged, market demand for a good might increase if: 1. price of its substitute increases 2. price of its complement increases 3. the g…
Other things remaining unchanged, market demand for a good might increase if 1. price of its substitute increases 2. price of its complement increases 3. the go…
Which among the following steps is most likely to be taken at the time of an economic recession?
Which one of the following is likely to be the most inflationary in its effects?
With reference to casual workers employed in India, consider the following statements: 1. All casual workers are entitled for Employees Provident Fund coverage.…
With reference to the Indian economy, demand-pull inflation can be caused / increased by which of the following? 1. Expansionary policies 2. Fiscal stimulus 3. …
Which one of the following effects of creation of black money in India has been the main cause of worry to the Government of India?
Consider the following: 1. Foreign currency convertible bonds 2. Foreign institutional investment with certain conditions 3. Global depository receipts 4. Non-r…
The effect of devaluation of a currency is that it necessarily 1. improves the competitiveness of the domestic exports in the foreign markets 2. increases the f…
The money multiplier in an economy increases with which one of the following?
Indian Government Bond Yields are influenced by which of the following? 1. Actions of the United States Federal Reserve 2. Actions of the Reserve Bank of India …
With reference to India, consider the following statements : 1. Retail investors through demat accounts can invest in ‘Treasury Bills’ and ‘Government of India …
With reference to ‘Urban Cooperative Banks’ in India, consider the following statements: 1. They are supervised and regulated by local boards set up by the Stat…
The term ‘West Texas Intermediate’, sometimes found in news, refers to a grade of:
With reference to the Indian Economy after the 1991 economic liberalization, consider the following statements: 1. Worker productivity (rupees per worker at 200…
Consider the following statements: 1. The weightage of food in Consumer Price Index (CPI) is higher than that in Wholesale Price Index (WPI). 2. The WPI does no…
With reference to Trade-Related Investment Measures (TRIMS), which of the following statements is/are correct? 1. Quantitative restrictions on imports by foreig…
With reference to Foreign Direct Investment in India, which one of the following is considered its major characteristic?
Consider the following statements regarding the Asian Infrastructure Investment Bank (AIIB): 1. AIIB has more than 80 member nations. 2. India is the largest sh…