Economy & social development: practice set 5

Which one of the following statements about Unified Payments Interface (UPI) and Central Bank Digital Currency (Digital Rupee) is not correct?

Consider the following statements:

1. Statement-I: As regards returns from an investment in a company, generally, bondholders are considered to be relatively at lower risk than stockholders.
2. Statement-II: Bondholders are lenders to a company whereas stockholders are its owners.
3. Statement-III: For repayment purpose, bondholders are prioritized over stockholders by a company.

Which one of the following is correct in respect of the above statements?

A country's fiscal deficit stands at ₹ 50,000 crores. It is receiving ₹ 10,000 crores through non-debt creating capital receipts. The country's interest liabilities are ₹ 1,500 crores. What is the gross primary deficit?

Consider the following statements:

1. I.Indian Railways have prepared a National Rail Plan (NRP) to create a 'future ready' railway system by 2028.
2. II.'Kavach' is an Automatic Train Protection system developed in collaboration with Germany.
3. III.'Kavach' system consists of RFID tags fitted on track in station section.

Which of the statements given above are not correct?

The total fertility rate in an economy is defined as:

Consider the following statements:

1. Statement-I: Interest income from the deposits in Infrastructure Investment Trusts (InvITs) distributed to their investors is exempted from tax, but the dividend is taxable.
2. Statement-II: InvITs are recognized as borrowers under the ‘Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002’.

Which one of the following is correct in respect of the above statements?

Consider the following statements:

1. Statement-I: In the post-pandemic recent past, many Central Banks worldwide had carried out interest rate hikes.
2. Statement-II: Central Banks generally assume that they have the ability to counteract the rising consumer prices via monetary policy means.

Which one of the following is correct in respect of the above statements?

With reference to the Indian economy, consider the following statements:

1. 1.An increase in Nominal Effective Exchange Rate (NEER) indicates the appreciation of rupee.
2. 2.An increase in the Real Effective Exchange Rate (REER) indicates an improvement in trade competitiveness.
3. 3.An increasing trend in domestic inflation relative to inflation in other countries is likely to cause an increasing divergence between NEER and REER.

Which of the above statements are correct?

Which of the following activities constitute real sector in the economy?

1. 1.Farmers harvesting their crops
2. 2.Textile mills converting raw cotton into fabrics
3. 3.A commercial bank lending money to a trading company
4. 4.A corporate body issuing Rupee Denominated Bonds overseas

Select the correct answer using the code given below:

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

The money multiplier in an economy increases with which one of the following?

With reference to India, consider the following statements:

1. 1.Retail investors through demat account can invest in 'Treasury Bills' and 'Government of India Debt Bonds' in primary market.
2. 2.The 'Negotiated Dealing System-Order Matching' is a government securities trading platform of the Reserve Bank of India.
3. 3.The 'Central Depository Services Ltd.' is jointly promoted by the Reserve Bank of India and the Bombay Stock Exchange.

Which of the statements given above is/are correct?

Which of the following factors/policies were affecting the price of rice in India in the recent past?

1. 1.Minimum Support Price
2. 2.Government's trading
3. 3.Government's stockpiling
4. 4.Consumer subsidies

Select the correct answer using the code given below:

Consider the following statements:

1. 1.The value of Indo-Sri Lanka trade has consistently increased in the last decade.
2. 2.“Textile and textile articles” constitute an important item of trade between India and Bangladesh.
3. 3.In the last five years, Nepal has been the largest trading partner of India in South Asia.

Which of the statements given above is/are correct?

In rural road construction, the use of which of the following is preferred for ensuring environmental sustainability or to reduce carbon footprint?

1. 1.Copper slag
2. 2.Cold mix asphalt technology
3. 3.Geotextiles
4. 4.Hot mix asphalt technology
5. 5.Portland cement

Select the correct answer using the code given below:

Consider the following statements about Particularly Vulnerable Tribal Groups (PVTGs) in India:

1. 1.PVTGs reside in 18 States and one Union Territory.
2. 2.A stagnant or declining population is one of the criteria for determining PVTG status.
3. 3.There are 95 PVTGs officially notified in the country so far.
4. 4.Irular and Konda Reddi tribes are included in the list of PVTGs.

Which of the statements given above are correct?

Which of the following is not included in the assets of a commercial bank in India?

Among the agricultural commodities imported by India, which one of the following accounts for the highest imports in terms of value in the last five years?

Which one of the following links all the ATMs in India?

Increase in absolute and per capita real GNP do not connote a higher level of economic development, if

Consider the following items:

1. 1.Cereal grains hulled
2. 2.Chicken eggs cooked
3. 3.Fish processed and canned
4. 4.Newspapers containing advertising material

Which of the above items is/are exempted under GST (Goods and Services Tax)?

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

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

'Rashtriya Garima Abhiyaan' is a national campaign to

With reference to 'Pradhan Mantri Fasal Bima Yojana', consider the following statements:

1. 1.Under this scheme, farmers will have to pay a uniform premium of two percent for any crop they cultivate in any season of the year.
2. 2.This scheme covers post-harvest losses arising out of cyclones and unseasonal rains.

Which of the statements given above is/are correct?

Recently, India's first 'National Investment and Manufacturing Zone' was proposed to be set up in