Economy questions from UPSC 2020

Question 1 · Indian Economy

With reference to the Indian economy after the 1991 economic liberalization, consider the following statements : 1. Worker productivity (₹ per worker at 2004 - 05 prices) increased in urban...

Question 2 · International Organizations / Global Finance

"Gold Tranche" (Reserve Tranche) refers to

Question 3 · International Trade

With reference to the international trade of India at present, which of the following statements is/are correct ? 1. India's merchandise exports are less than its merchandise imports. 2. Ind...

Question 4 · Inflation Measurement

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 not capture changes in the pric...

Question 5 · Agricultural Economics / Public Finance

In India, which of the following can be considered as public investment in agriculture ? 1. Fixing Minimum Support Price for agricultural produce of all crops 2. Computerization of Primary A...

Question 6 · Indian Economy

If another global financial crisis happens in the near future, which of the following actions/policies are most likely to give some immunity to India ? 1. Not depending on short-term foreign...

Question 7 · Agricultural Economics

Which of the following factors/policies were affecting the price of rice in India in the recent past ? 1. Minimum Support Price 2. Government's trading 3. Government's stockpiling 4. Consume...

Question 8 · International Trade

Consider the following statements : 1. The value of Indo-Sri Lanka trade has consistently increased in the last decade. 2. "Textile and textile articles" constitute an important item of trad...

Question 9 · Monetary Policy

If the RBI decides to adopt an expansionist monetary policy, which of the following would it not do ? 1. Cut and optimize the Statutory Liquidity Ratio 2. Increase the Marginal Standing Faci...

Question 10 · International Trade / WTO

With reference to Trade-Related Investment Measures (TRIMS), which of the following statements is/are correct ? 1. Quantitative restrictions on imports by foreign investors are prohibited. 2...

Question 11 · External Sector

With reference to Foreign Direct Investment in India, which one of the following is considered its major characteristic ?

Question 12 · Agricultural Policy

Consider the following statements : 1. In the case of all cereals, pulses and oil-seeds, the procurement at Minimum Support Price (MSP) is unlimited in any State/UT of India. 2. In the case...

Question 13 · Agricultural Credit

Under the Kisan Credit Card scheme, short-term credit support is given to farmers for which of the following purposes ? 1. Working capital for maintenance of farm assets 2. Purchase of combi...

Question 14 · Corporate Finance / Banking

What is the importance of the term "Interest Coverage Ratio" of a firm in India ? 1. It helps in understanding the present risk of a firm that a bank is going to give loan to. 2. It helps in...

Question 15 · Financial Markets

With reference to the Indian economy, consider the following statements : 1. 'Commercial Paper' is a short-term unsecured promissory note. 2. 'Certificate of Deposit' is a long-term instrume...

Question 16 · Banking / Rural Finance

Consider the following statements : 1. In terms of short-term credit delivery to the agriculture sector, District Central Cooperative Banks (DCCBs) deliver more credit in comparison to Sched...

Question 17 · Public Finance / Budgetary Process

Along with the Budget, the Finance Minister also places other documents before the Parliament which include 'The Macro Economic Framework Statement'. The aforesaid document is presented beca...

Question 18 · Money and Banking

If you withdraw ₹ 1,00,000 in cash from your Demand Deposit Account at your bank, the immediate effect on aggregate money supply in the economy will be

Question 19 · Public Finance / Macroeconomics

In the context of the Indian economy, non-financial debt includes which of the following ? 1. Housing loans owed by households 2. Amounts outstanding on credit cards 3. Treasury bills Select...

Question 20 · Agriculture / Industrial Policy

With reference to chemical fertilizers in India, consider the following statements : 1. At present, the retail price of chemical fertilizers is market-driven and not administered by the Gove...