Economy questions from UPSC 2021

Question 1 · Monetary Policy & Institutions

Consider the following statements : 1. The Governor of the Reserve Bank of India (RBI) is appointed by the Central Government. 2. Certain provisions in the Constitution of India give the Cen...

Question 2 · Indian Financial System

With reference to 'Urban Cooperative Banks' in India, consider the following statements : 1. They are supervised and regulated by local boards set up by the State Governments. 2. They can is...

Question 3 · Monetary Policy

In India, the central bank's function as the 'lender of last resort' usually refers to which of the following? 1. Lending to trade and industry bodies when they fail to borrow from other sou...

Question 4 · Financial Markets

With reference to India, consider the following statements : 1. Retail investors through demat account can invest in 'Treasury Bills' and 'Government of India Debt Bonds' in primary market....

Question 5 · Indian Economy

Which one of the following effects of creation of black money in India has been the main cause of worry to the Government of India?

Question 6 · Microeconomics

Consider the following statements : Other things remaining unchanged, market demand for a good might increase if 1. price of its substitute increases 2. price of its complement increases 3....

Question 7 · Inflation

With reference to Indian economy, demand-pull inflation can be caused/increased by which of the following? 1. Expansionary policies 2. Fiscal stimulus 3. Inflation-indexing wages 4. Higher p...

Question 8 · Macroeconomics

Which among the following steps is most likely to be taken at the time of an economic recession?

Question 9 · International Economics

Consider the following statements : The effect of devaluation of a currency is that it necessarily 1. improves the competitiveness of the domestic exports in the foreign markets 2. increases...

Question 10 · Financial Markets

Indian Government Bond Yields are influenced by which of the following? 1. Actions of the United States Federal Reserve 2. Actions of the Reserve Bank of India 3. Inflation and short-term in...

Question 11 · Inflation

Which one of the following is likely to be the most inflationary in its effects?

Question 12 · Labour and Employment

With reference to casual workers employed in India, consider the following statements : 1. All casual workers are entitled for Employees Provident Fund coverage. 2. All casual workers are en...

Question 13 · International Economics

Consider the following : 1. Foreign currency convertible bonds 2. Foreign institutional investment with certain conditions 3. Global depository receipts 4. Non-resident external deposits Whi...