Quiz 465 : Indian Economy For Civil Services Examinations

1.Year 1921 is known as a year of “Great Divide” in the demographic history of India. After that in which decade there was a slight dip in the rate of decadal population growth in India?

2.Consider the following:
1. Birth Rate
2. Death Rate
Since 1951, which among the following is correct about the above two variables of Population of India?
(A)Birth Rate declined , Death Rate showed fluctuations
(B)Birth Rate showed Fluctuations, Death Rate declined
(C)Birth Rate Increased, Death rate declined
(D)Birth Rate declined , Death Rate declined

3.Consider the following statements regarding Cost Push Inflation:
1. Cost Push Inflation is a function of the costs such as wages, rent , interest rates etc.
2. Cost Push Inflation can be controlled easily in comparison to the Demand Pull Inflation
3. The purchasing power of Rupee decreases in case of Cost push inflation.
Which among the above statements hold correct?
(A)Only 1
(B)1 & 2
(C)2 & 3
(D)1 & 3

4.What do we call a situation, when the Government meets the gap of the public expenditure and public revenue by printing new currency?
(A)Fiscal Deficit
(B)Fiscal Stimulation
(C)Deficit Financing
(D)Differential accumulation

5.Consider the following:
X = Budget Deficit
Y = Fiscal Deficit
Z= Borrowing and other liabilities
Which among the following is a correct equation showing the relations between X,Y & Z?
(A)Y = X – Z
(B)X =Y – Z
(C)Z = X + Y
(D)Z = X – Y

6.Consider the following statements:
Assertion: The year end estimates of GDP are more reliable than the quarterly estimates
Reason: The Year End estimates are based upon overall measures of WPI and CPI
Which among the following options is correct?
(A)Assertion is correct , reason is incorrect
(B)Assertion is incorrect , reason is correct
(C)Both Assertion and Reason are correct
(D)Both Assertion and Reason are incorrect

7.Consider the following statements:
1. Disinvestment essentially results in Privatization
2. Privatization essentially results in transfer of assets
Which among the above statements is/ are correct?
(A)Only 1 is correct
(B)Only 2 is correct
(C)Both 1 & 2 are correct
(D)Both 1 & 2 are incorrect

8.What is the meaning of the “Government Route” in Foreign Investments?
(A)Investments can be made only with prior permission of the Government or Government authorities
(B)Investments can be made only in partnership with the Government or Government Companies
(C)Investment can be made only in the Government Companies
(D)Investment can be made only via a Foreign Government Body in India

9.Consider the following statements in context with ‘Indian Venture Capital Undertaking’:
1. The shares of ‘Indian Venture Capital Undertaking’ essentially are listed in recognized stock exchanges of India
2. ‘Indian Venture Capital Undertaking’ can engage in all of the production, manufacture and services related activities
Which among the above statements is/ are correct?
(A)Only 1 is correct
(B)Only 2 is correct
(C)Both 1 & 2 are correct
(D)Both 1 & 2 are incorrect

10.Consider the following:
1. Citizens of Bhutan
2. Citizens of Pakistan
3. Citizens of Bangladesh
4. Citizens of Nepal
Who among the above can invest in India under the extant FDI policy , “Only Under the Government Route” ?
(A)Only 1 and 2
(B)Only 2 & 3
(C)Only 1, 3 & 4
(D)Only 3

11.Consider the following:
1. Tea Plantation
2. Coffee Plantation
3. Rubber Plantation
In which of the above Foreign Direct Investments are permitted In India?
(A)Only 1
(B)Only 1 & 2
(C)Only 1 & 3
(D)All of them

12.”Internet escrow ” is a term most commonly related to which of the following?
(B)Software Development
(C)Privacy Security
(D)Database Management

13.Which among the following is the essential character of the ASDL Internet Connections?
(A)High Download Rate , Low upload Rate
(B)High Upload rate, Low download Rate
(C)Use of voice spectrum of the telephone lines
(D)Use of cable television infrastructure.

14.What is the FDI (not FII) cap on investment in Infrastructure Company in the Securities Market in India?

15.Which among the following is NOT correctly matched:
(A)Steel Authority of India Ltd (SAIL) : New Delhi
(B)MECON Ltd. : Ranchi
(C)Hindustan Steel Works Construction Ltd (HSCL) : Kolkata
(D)Ferro Scrap Nigam Ltd.(FSNL) : Bokaro

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  • nakul sharma

    sir , great job
    kudos to you
    icing on the cake would be some explanation of the answer or concept involved.

  • Anonymous

    Answered 11 correctly….

  • Anonymous

    sir give some more socio economioc questioms

  • revathi

    good but want explanation also

  • maggie

    Question 7

    Disinvestment essentially results in privatisation- why is this statement not correct?