NDA Economy - Economy

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Question - 1

Which of the incorrect function of the RBI, out of the given statements?
1. Issuing and disbursing agency for all currency notes and coins in India.
2. Stabilising exchange rate of rupees.
3. Forwarding short-term and long-term loans to the Government of India.
Select the correct answer using the codes give below

  • A Only 1
  • B 2 and 3
  • C Only 3
  • D 1 and 3

Question - 2

Which of the following does not come under \Plan expenditure'?
1. Supports to the state plans and 'grants-in-aid' given to them by the Government of India.
2. Maintenance of assets created under plan expenditure.
3. Recapitalisation funds for public sector banks.
Select the correct answer using the codes given below

  • A 1 and 2
  • B 2 and 3
  • C 1 and 3
  • D All of these

Question - 3

Consider the following statements
1. Government of India has not set-up any new PSU in last 3 years.
2. Government now concentrates on social sector and lets the private sector to take care of industrial sector.
Which of the statement(s) given above is/are correct?

  • A Only 1
  • B Only 2
  • C Both 1 and 2
  • D Neither 1 nor 2

Question - 4

Consider the following statements regarding 'plan' and non-plan expenditure'.
1. Plan expenditure goes towards fulfilling the Five Years Plans.
2. Assets created under plan expenditure get their maintenance funds also under plan expenditure.
Which of the statement(s) given above is/are correct?

  • A Only 1
  • B Only 2
  • C Both 1 and 2
  • D Neither 1nor 2

Question - 5

Which of the following was launched by the government on the advice of the World Bank?
1. New Agriculture Strategy
2. Food Corporation of India
3. Public Distribution System
4. Agriculture Prices Commission
Select the correct answer using the codes given below

  • A 1 and 2
  • B 2, 3 and 4
  • C 1 and 4
  • D All of these

Question - 6

Aadhar has huge potential for improving operation and delivery of service, Its potential application in various significant public services delivery and social sector programme is immense. In this context consider the following statements.
1. The UID database can be used for the authentication of beneficiaries under the Public Distributed system.
2. It will help in enhancing the efficiency of social audit of programmes.
3. It will enable greater commitment towards government financing of public health and primary health care.
Which of the statements given above are correct?

  • A 1 and 2
  • B 1 and 3
  • C 2 and 3
  • D All of these

Question - 7

Which of the following statements, related to World Bank Organisation IBRD and IDA?
1. India use IDA funds on social sector.
2. India use IBRD funds on infrastructure development.
3. IBRD loans are cheaper than IDA loans.
Select the correct answer using the codes given below

  • A Only 1
  • B 1 and 3
  • C 1 and 2
  • D 2 and 3

Question - 8

The SEZ Act 2005, has certain objectives. In this context consider the following
1. development of infrastructure facilities.
2. Promotion of investment from foreign sources.
3. Promotion of export of services only.
Which of the above is/are the objectives of this act?

  • A Only 2
  • B 1 and 2
  • C 2 and 3
  • D All of these

Question - 9

Consider the following statements.
1. In 3rd Five Year Plan growth rate of agriculture products was negative
2. In 3rd Five Year Plan Indian economy took the first step to devaluate the Indian rupee after independence.
Which of the above statement(s) given above is/are correct?

  • A Only 1
  • B Only 2
  • C Both 1 and 2
  • D Neither 1 nor 2

Question - 10

What is an ECO-MARK ?

  • A A scheme for labelling pollution-free industrial until
  • B A scheme for labelling environment friendly consumer product
  • C A cost effective production technique
  • D An international certificate xcognilux Eco-Friendly building
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