Indian Economy Questions for UPSC Exams

IAS Economy Practice Question . 30

February 15, 2012

Consider the following important places related to Iron Industry in British India: 1. Barakar 2. Bhadravati 3. Hirapur Which of the following is a correct set of current states of India, in which they were present? Bihar, Andhra Pradesh, West Bengal, West Bengal, Karnataka, West Bengal Bihar, Karnataka, West...

IAS Economy Practice Question . 28

February 15, 2012

Recently, the term XBRL was in news. What is XBRL? It’s a new computer language It’s a new software designed for businesses It’s a new international accounting norm adopted recently None of the above Click for Answer & Explanation Answer: It’s a new computer language XBRL refers to eXtensible...

IAS Economy Practice Question . 27

February 15, 2012

In context with the share markets, what is the difference between rights and bonus issue? 1. Bonus issues are issued free of charge, Right Issues are for a charge 2. Bonus Issue is under primary market offering, Rights issue us under secondary market offering Choose the correct option: Only...

IAS Economy Practice Question . 26

February 15, 2012

Which among the following were the main objective of launching Market Stabilization Scheme (MSS) in 2004? 1. To meet short-term mismatches in receipts and expenditure 2. To meet the government’s expenditure 3. To provide the RBI with a stock of securities with which it can intervene in the market...

IAS Economy Practice Question . 25

February 15, 2012

One of the legislations related to Banking in India reads: “deemed foreign branch” of the parent bank situated within India , and it undertakes international banking business involving foreign currency denominated assets and liabilities” The above definition applies to which among the following? Wholly Owned subsidiary of a Foreign...

IAS Economy Practice Question . 24

February 15, 2012

Why is rupee declining against dollar despite India doing better than U.S in terms of economic growth? 1. Dollar is demanded by investors as a safe asset 2. The impact of Eurozone Crisis caused the Dollar fall against Euro 3. High Inflation in India caused rise in real exchange...

IAS Economy Practice Question . 23

February 15, 2012

Consider the following statements about a debenture: 1. It is a debt instrument 2. Its freely transferable 3. Its holder has voting rights in company’s annual general meetings 4. It is a part of company’s capital structure Which among the above statements is/ are correct? Only 1 &...

IAS Economy Practice Question . 22

February 15, 2012

Consider the following statements: 1. India is world’s eighth-largest LNG importer 2. Most of India’s LNG Consumption demand is fulfilled by import Which among the above statements is/ are correct? Only 1 is correct only 2 is correct Both 1 & 2 are correct Neither 1 nor 2 is...

IAS Economy Practice Question . 21

February 15, 2012

A PAN card of a married woman in India contains the following: 1. Name of Card Holder 2. Name of Husband 3. Date of Birth 4. Name of Father Choose the correct option: 1, 2, 3 1, 3, 1, 2, 3, 4 1, 3, 4 Click for Answer &...

IAS Economy Practice Question . 20

February 14, 2012

Consider the following core industries of India 1. Crude Oil production 2. Electricity generation 3. Coal production Which among the following is the correct decreasing order of their weight in the Index of Industrial Production (IIP)? 1, 2, 3 2, 1, 3 3, 1, 2 3, 2, 1 Click...

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