Economy questions from UPSC 2017

Question 1 · International Trade Agreements

'Broad-based Trade and Investment Agreement (BTIA)' is sometimes seen in the news in the context of negotiations held between India and

Question 2 · Economic Reforms

Which of the following has/have occurred in India after its liberalization of economic policies in 1991 ? 1. Share of agriculture in GDP increased enormously. 2. Share of India's exports in...

Question 3 · Education & Skill Development

With reference to 'National Skills Qualification Framework (NSQF)', which of the statements given below is/are correct ? 1. Under NSQF, a learner can acquire the certification for competency...

Question 4 · International Trade & Organizations

Consider the following statements : 1. India has ratified the Trade Facilitation Agreement (TFA) of WTO. 2. TFA is a part of WTO's Bali Ministerial Package of 2013. 3. TFA came into force in...

Question 5 · Trade Policy & Industrial Policy

The term 'Domestic Content Requirement' is sometimes seen in the news with reference to

Question 6 · Public Finance

Consider the following statements : 1. Tax revenue as a percent of GDP of India has steadily increased in the last decade. 2. Fiscal deficit as a percent of GDP of India has steadily increas...

Question 7 · Social Security Schemes

Who among the following can join the National Pension System (NPS) ?

Question 8 · Infrastructure Finance

With reference to 'National Investment and Infrastructure Fund', which of the following statements is/are correct ? 1. It is an organ of NITI Aayog. 2. It has a corpus of ₹ 4,00,000 crore at...

Question 9 · Monetary Policy

Which of the following statements is/are correct regarding the Monetary Policy Committee (MPC) ? 1. It decides the RBI's benchmark interest rates. 2. It is a 12-member body including the Gov...

Question 10 · Digital Payments

Which of the following is a most likely consequence of implementing the 'Unified Payments Interface (UPI)' ?

Question 11 · International Financial Institutions

The Global Infrastructure Facility is a/an

Question 12 · Financial Sector

Consider the following statements : 1. National Payments Corporation of India (NPCI) helps in promoting the financial inclusion in the country. 2. NPCI has launched RuPay, a card payment sch...

Question 13 · Agriculture & Government Schemes

Consider the following statements : The nation-wide 'Soil Health Card Scheme' aims at 1. expanding the cultivable area under irrigation. 2. enabling the banks to assess the quantum of loans...

Question 14 · Non-Performing Assets (NPAs)

Which of the following statements best describes the term 'Scheme for Sustainable Structuring of Stressed Assets (S4A)', recently seen in the news ?

Question 15 · Taxation

What is/are the most likely advantages of implementing 'Goods and Services Tax (GST)' ? 1. It will replace multiple taxes collected by multiple authorities and will thus create a single mark...

Question 16 · Banking Sector Reforms

What is the purpose of setting up of Small Finance Banks (SFBs) in India ? 1. To supply credit to small business units 2. To supply credit to small and marginal farmers 3. To encourage young...