Revision MCQS: Indian Economy

Revision MCQs
INDIAN
ECONOMY
(241 MCQs)
May 2019 – March 2020
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Q1. The special drawing Rights (SDRs) Q4. Consider the following statements
of IMF consists of which of the with respect to trends in the GST
following currencies in its basket? collection:
1. Ruble 1. The GST collections have
2. Rupee consistently increased year-on-year
3. Renminbi since its implementation.
Select the correct answer using the 2. The monthly GST Collection has
codes given below: never crossed Rs 1 lakh crore since
(a) 3 only its implementation.
(b) 2 only 3. Among the different components of
(c) 1 and 2 only GST, the Central GST contributes
(d) 1, 2 and 3 the highest share to the GST
Collection.
Q2. The Forex reserves of RBI include Which of the statements given
which among the following? above is/are correct?
1. Gold (a) 1 only
2. Foreign Currency reserves (b) 1 and 2 only
3. SDRs (c) 2 and 3 only
Select the correct answer using the (d) 1, 2 and 3
codes given below:
(a) 1 only Q5. Which among the following
(b) 1 and 2 only contributes the highest share to the
(c) 2 and 3 only revenue of the Central
(d) 1, 2 and 3 Government?
(a) Corporate Tax
Q3. Consider the following statements (b) Income Tax
related to Generalized System of (c) Union Excise Duties
Preferences (GSP) adopted by US: (d) Disinvestment
1. It allows duty free import of certain
goods into US economy in order to Q6. Which of the following is/are
promote economic growth in poor correctly matched?
and developing economies. Committee Purview
2. The products imported by US under 1 P.J. Nayak Governance of
GSP constitute major chunk of its Committee Public Sector
imports. Banks
3. The GSP is considered to be an 2 Rattan Watal Digital
exception to Most Favoured Nation Committee Payments
(MFN) Principle. Select the correct answer form the
Which of the statements given codes given below:
above is/are correct? (a) 1 only
(a) 1 and 2 only (b) 2 only
(b) 2 and 3 only (c) Both 1 and 2
(c) 1 and 3 only (d) Neither 1 nor 2
(d) 1, 2 and 3
Q7. Consider the following statements:
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1. The UDAY scheme is under the 2. Change in GDP estimation from

Ministry of Power. GDP at Market Price to GDP at
2. Under the scheme, the central Factor Cost
government will take over 75% debt 3. Capture of the Economic Activity
of the DISCOMS. from the MCA-21 Database.
Which of the statements given Select the correct answer using the
above is/are correct? code given below:
(a) 1 only (a) 1 and 2 only
(b) 2 only (b) 1 and 3 only
(c) Both 1 and 2 (c) 2 and 3 only
(d) Neither 1 nor 2 (d) 1, 2 and 3
Q8. Consider the following statements Q11. Which among the following rights
about UDAY scheme: have been vested with the farmers
1. It is voluntary for the state under the Protection of Plant
governments to join the UDAY Varieties and Farmers' rights Act,
scheme 2001?
2. The UDAY bonds cannot be kept as 1. Right to Register a new variety of
G-securities under the SLR. seed.
Which of the statements given 2. Right to sow, re-sow and exchange
above is/are correct? seed of a variety protected under
(a) 1 only the Act.
(b) 2 only 3. Right to sell branded seeds of a
(c) Both 1 and 2 variety protected under the Act.
(d) Neither 1 nor 2 Select the correct answer using the
code given below:
Q9. Which among the following (a) 1 and 2 only
statements about National Gas (b) 1 and 3 only
Grid is/are correct? (c) 2 and 3 only
1. Petroleum and natural gas (d) 1, 2 and 3
regulatory board is the authorizing
agency. Q12. Consider the following statements
2. India aims to increase the share of related to Shell Companies in India:
gas in energy mix to 25% by 2025. 1. The Companies Act, 2013 provides
Select the correct answer using the for a clear cut definition of Shell
code given below: Companies.
(a) 1 only 2. These Companies do not produce
(b) 2 only substantial amount of Goods and
(c) Both 1 and 2 Services.
(d) Neither 1 nor 2 3. These companies are mainly set up
in order to evade taxes.
Q10. Which among the following changes Which of the statements given
have been made for the GDP above is/are correct?
Estimation in India? (a) 1 and 2 only
1. Change in Base year from 2004-05 (b) 1 and 3 only
to 2011-12. (c) 2 and 3 only
(d) 1, 2 and 3
Q13. With respect to State Finance Q16. Consider the following statements
Commission, Consider the with respect to Pradhan Mantri
following statements: Shram Yogi Mandhan Yojana:
1. The State Finance Commission is 1. It provides for uniform pension
set up by Governor every 5 years or amount of Rs 3,000.
at earlier time. 2. It is applicable only for unorganised
2. It gives recommendations for the workers.
devolution of taxes from the State to Which of the statements given
the Local Bodies. above is/are correct?
Which of the statements given (a) 1 only
above is/are correct? (b) 2 only
(a) 1 only (c) Both 1 and 2
(b) 2 only (d) Neither 1 nor 2
(c) Both 1 and 2
(d) Neither 1 nor 2 Q17. Which among the following
components are taken into account
Q14. Which among the following are part for the calculation of GDP under
of Annual Financial Statement of a the Expenditure Method?
particular year? 1. Consumption Expenditure
1. Budget Estimates of the Next 2. Private Investment Expenditure
Financial Year. 3. Government Expenditure
2. Revised Estimates of the Present 4. Imports and Exports.
Financial Year. Select the correct answer using the
3. Actuals of the Previous Financial code given below:
Year. (a) 1 and 2 only
Select the correct answer using the (b) 1, 2 and 3 only
code given below: (c) 1, 2 and 4 only
(a) 1 and 2 only (d) 1, 2, 3 and 4
(b) 2 and 3 only
(c) 1 and 3 only Q18. Which among the following
(d) 1, 2 and 3 categories of goods are covered
under Index of Industrial
Q15. Consider the following statements Production (IIP)?
about Atal Pension Yojana: 1. Primary Goods
1. It is applicable to all citizens of 2. Intermediate Goods
India in the age group 18-40 years. 3. Basic Goods
2. The Government contributes 50% 4. Infrastructure Goods
of the premium for all subscribers. Select the correct answer using the
Which of the statements given code given below:
above is/are correct? (a) 1 and 2 only
(a) 1 only (b) 1, 2 and 3 only
(b) 2 only (c) 1, 2 and 4 only
(c) Both 1 and 2 (d) 1, 2, 3 and 4
(d) Neither 1 nor 2
Q19. Consider the following statements
related to Employment Elasticity:
1. It refers to percentage change in Q23. Which of the statement correctly

employment with 1% growth in describes 'Currency in Circulation'?
GDP.
2. Low employment elasticity shows (a) It includes notes in circulation,
higher job creation in the economy. rupee coins and small coins with
Which of the statements given public and with banks
above is/are correct? (b) It only includes notes in circulation
(a) 1 only with public
(b) 2 only (c) It includes notes and coins released
(c) Both 1 and 2 from vaults of banks
(d) Neither 1 nor 2 (d) It means the Indian notes and coins
and foreign notes currently held by
Q20. Consider the following statements public
related to VIX Index:
1. It measures the degree of volatility Q24. Consider the following statements
or fluctuations in the NIFTY Index. about Clawback provision:
2. A Higher value of NIFTY Index 1. Company can take back bonus
corresponds to higher value of VIX from its employees in case of any
Index and vice-versa. gross negligence or misconduct.
Which of the statements given 2. The Clawback Provision has been
above is/are correct? defined under Indian Companies
(a) 1 only Act, 2013.
(b) 2 only Which of the statements given
(c) Both 1 and 2 above is/are correct?
(d) Neither 1 nor 2 (a) 1 only
(b) 2 only
Q21. Which among the following (c) Both 1 and 2
international organisations (d) Neither 1 nor 2
publishes Services Trade
Restrictiveness Index (STRI)? Q25. Which among the following factors
(a) World Bank contributes the highest to the GDP
(b) IMF in India?
(c) OECD (a) Investment Expenditure
(d) World Trade Organisation (b) Consumption Expenditure
(c) Government Expenditure
Q22. Which of the following are included (d) Net Exports
in Payment & Settlement System?
1. Cheques & Drafts Q26. Consider the following statements:
2. Real time Gross Settlement 1. Excessive profit booking may lead
3. Immediate Payment Services to further rise in price of shares.
Select the correct answer from the 2. Volatility Index - VIX is published
codes given below: by National Stock Exchange
(a) 1 and 2 Which of the statement given above
(b) 2 and 3 is/are correct?
(c) 1 and 3 (a) 1 only
(d) 1, 2 and 3 (b) 2 only
(c) Both 1 and 2

(b) 1, 3 and 4 only
Q27. World Economic Situation and (c) 1, 2 and 4 only
Prospects Report is prepared by? (d) 1, 2, 3 and 4
(a) IMF
(b) Amnesty International Q31. Consider the following statements:
(c) United Nations 1. The imposition of safeguard duty on
(d) Red Cross import of solar modules would lead
to a decrease in cost of setting up
Q28. With respect to Cash Reserve Ratio, solar power plants.
consider the following statements. 2. Grid connected power from Wind
1. It is the ratio of deposits which the energy exceeds solar energy within
banks have to maintain with the India.
RBI in form of liquid assets. Which of the statement/s given
2. The banks receive interest on these above is/are correct?
reserves from the RBI. (a) 1 only
Which of the statement given above (b) 2 only
is/are correct? (c) Both 1 and 2
(a) 1 only (d) Neither 1 nor 2
(b) 2 only
(c) Both 1 and 2 Q32. Consider the following statements:
(d) Neither 1 nor 2 1. The Pulses are not part of Minimum
Support Price regime.
Q29. Consider the following statements 2. Improvement in irrigation facilities
with respect to Liquidity Coverage led to a shift from pulses to water-
Ratio: intensive crops
1. It was introduced as part of the 3. India is major exporting country of
BASEL III norms. pulses
2. It is the amount of High-quality Which of the statement/s given
Liquid Assets which need to be above is/are correct?
maintained to last 30 days of (a) 1 Only
liquidity stress (b) 2 and 3 only
Which of the statement given above (c) 2 Only
is/are correct? (d) 1, 2 and 3
(a) 1 only
(b) 2 only Q33. What does the KUSUM Scheme deal
(c) Both 1 and 2 with?
(d) Neither 1 nor 2 (a) Solar powered agriculture
(b) Protection of the Girl Child
Q30. Which among the following is/are (c) Scholarship to undertake graduate
part of the RBI's Monetary policy? programs for differently abled
1. Open market operations students
2. Cash reserve ratio (d) Installation of Waste to Energy
3. Bank rate plants in Rural districts
4. Reverse Repo rate
Select the correct answer using the
code given below:
Q34. Consider the following statements and National Statistical

related to Payment Banks: Commission.
1. These are the differentiated banks 3. National Statistical Commission
set up based upon the has been constituted through an
recommendations of P J Nayak act of Parliament.
Committee Which of the statements given
2. They can accept deposits only up to above is/are correct?
Rs 1 Lakh. (a) 1 and 3 only
3. They are not required to follow the (b) 2 and 3 only
SLR requirements laid down by the (c) 2 only
RBI. (d) 3 only
Which of the statements given
above is/are correct? Q38. Consider the following statements
(a) 1 only related to Facility to Avail Liquidity
(b) 2 only under Liquidity Coverage Ratio
(c) 1 and 3 only (FALLCR):
(d) 1, 2 and 3 1. It refers to the percentage of
deposits under the SLR which can
Q35. Which of the following can be the be considered for the calculation of
likely reasons for slowdown in the LCR.
economy? 2. Presently, the FALLCR is applicable
1. Rise in investment rates to both the Banks and all categories
2. Decrease in consumption of NBFCs.
expenditure Which of the statements given
3. High policy rates above is/are correct?
Select the correct answer using the (a) 1 only
code given below? (b) 2 only
(a) 1 and 2 only (c) Both 1 and 2
(c) 2 and 3 only
(d) 1, 2 and 3 Q39. Which among the following can be
considered as High Quality
Q36. Which of the following country has Liquidity Assets (HQLAs) for the
removed India from its currency Calculation for Liquidity Coverage
monitoring list of major trading Ratio by the Banks?
partners? 1. CRR Deposits of the Banks with
(a) United Kingdom RBI.
(b) Russia 2. Entire Deposits under the
(c) China Statutory Liquidity Ratio (SLR)
(d) USA 3. Government Securities outside SLR
4. Cash reserves outside the CRR
Q37. Consider the following statements: 5. Highly rated corporate Bonds.
1. Government of India has merged Select the correct answer suing the
NSSO and CSO to constitute code given below:
National Statistical Commission. (a) 1 and 2 only
2. Rangarajan Committee suggested (b) 1, 2 and 3 only
to create National Statistical Office (c) 3, 4 and 5 only
(d) 1, 2, 3, 4 and 5 Which of the statements given

above is/are correct?
Q40. With reference to Marginal (a) 1 only
Standing Facility (MSF), consider (b) 2 only
the following statements: (c) Both 1 and 2
1. It is a tool used by the Banks to (d) Neither 1 nor 2
borrow long term loans from the
RBI. Q43. With reference to inflation in India,
2. The Banks use G-Secs which are which of the following statements is
part of SLR to borrow money from correct?
RBI. (a) Controlling inflation in India is the
3. The MSF is higher than the Repo responsibility of Government of
rate. India only
Which of the statements given (b) The RBI has no role in controlling
above is/are correct? the inflation
(a) 1 only (c) Decreased money circulation helps
(b) 2 and 3 only in controlling the inflation
(c) 3 only (d) Increased money circulation helps
(d) 2 and 3 only in controlling inflation
Q41. Which among the following Q44. Consider the following statements
Employment Survey Reports are related to Government Debt:
published by National Statistical 1. In General, the Government debt of
Office (NSO) in India? the developing economies is far
1. Quarterly Employment Survey higher than that of advanced
Report economies.
2. Payroll Reporting Data 2. Higher level of Government Debt
3. Periodic Labour Force Survey leads to higher rate of inflation and
Report (PLFS) may curb investment.
Select the correct answer using the Which of the statements given
code given below: above is/are correct?
(a) 1 only (a) 1 only
(b) 1 and 2 only (b) 2 only
(c) 2 and 3 only (c) Both 1 and 2
(d) 1, 2 and 3 (d) Neither 1 nor 2
Q42. Consider the following statements Q45. Consider the following statements
related to Pradhan Mantri Kisan related to SDG Gender Index:
Samman Nidhi (PM-KISAN): 1. It is published by United Nations
1. This scheme provides for direct Development Programme (UNDP).
income support only to those 2. It takes into account all the 17
farmers having cultivable land up SDGs to track the performance of
to 2 hectares. the countries.
2. Under this scheme, the government Which of the statements given
provides for income support of Rs above is/are correct?
6000 per year. (a) 1 only
(b) 2 only
(c) Both 1 and 2 Q49. Consider the following statements:

(d) Neither 1 nor 2 1. Under Real Time Gross Settlement
fund transfer, there is no minimum
Q46. Which among the following limit prescribed.
agencies publishes the Global 2. Under National Electronic Funds
Economic Prospects Report? Transfer, maximum amount per
(a) World Economic Forum transaction is limited to Rs 50,000
(b) World Bank for cash-based remittances within
(c) International Monetary Fund India.
(d) United Nations Development Which of the following statements
Programme given above is/are correct?
(a) 1 only
Q47. With regards to PMI Index, consider (b) 2 only
the following statements: (c) Both 1 and 2
1. It is compiled and constructed by (d) Neither 1 nor 2
Markit economics and is published
by Nikkei. Q50. Consider the following statements:
2. Reading over 50 means expansion, 1. Repo rate is always more than the
whereas below 50 means reverse repo rate.
contraction. 2. Bank rate is always less than the
Select the correct answer form the reverse repo rate
codes given below: Which of the statements given
(a) 1 only above is/are correct?
(b) 2 only (a) 1 only
(c) Both 1 and 2 (b) 2 only
(d) Neither 1 nor 2 (c) Both 1 and 2
(d) Neither 1 nor 2
Q48. Which of the following are
differences between PMI Index & Q51. With regards to MSME sector in
Index of Industrial Production? India, consider the following
1. PMI takes into account both private statements:
and public sector companies with 1. The percentage of Rural MSME
whereas IIP takes into account only enterprises is higher than of Urban
public sector companies. MSME enterprises.
2. PMI covers only services sector 2. The employment rate of Urban
while IIP covers both services and MSME sector is higher than of
manufacturing sector. Rural MSME sector.
3. IIP is used in GDP calculation while 3. Micro enterprise constitute the
PMI is not used for GDP calculation highest percentage of firms and of
in India. employment rate in both rural and
Select the correct answer form the urban MSME sectors
codes given below: Which of the statement/s given
(a) 1 and 2 only above is/are correct?
(c) 1 and 3 only (b) 1 and 3 only
(d) 1, 2 and 3 (c) 2 only
(d) 1, 2 and 3
Q52. Which among the following are the Q55. Which among the following can be
likely impacts of Insider Trading in considered as Assets of the RBI?
India? 1. Loans to the Centre and States.
1. Unfair benefit to the people who 2. Government Securities in Custody
have access to sensitive of the RBI.
information. 3. CRR Deposits of the Banks.
2. Lack of level playing field among the 4. Currency in circulation.
shareholders. Select the correct answer using the
3. A sudden and drastic increase in code given below:
the share prices. (a) 1 and 2 only
Select the correct answer using the (b) 1, 2 and 3 only
code given below: (c) 1, 2 and 4 only
(a) 1 only (d) 1, 2, 3 and 4
(b) 1 and 2 only
(c) 1 and 3 only Q56. The Bimal Jalan Committee, which
(d) 2 and 3 only was recently in news, deals with
which among the following?
Q53. With respect to the Basic Savings (a) Reforms in the Public Sector Banks
Bank deposit accounts, which of (b) Reducing the NPAs of Banks
the following statements is/are (c) Economic Capital Framework of
correct? RBI
1. The Banks can offer cheque books (d) Implementation of BASEL III Norms
for these accounts.
2. Total credits in their account Q57. Consider the following statements
cannot exceed 1 lakh/year related to Employees State
3. These accounts can be opened only Insurance Scheme (ESIC)
by poor and weaker sections. 1. The scheme is jointly financed by
Which of the statements given the Government and the
above is/are correct? Employers.
(a) 1 only 2. This scheme is applicable to all the
(b) 1 and 2 only factories employing more than 100
(c) 2 and 3 only persons.
(d) 1, 2 and 3 Which of the statements given
Q54. Which among the following are the (a) 1 only
likely impacts of Fiscal Stimulus by (b) 2 only
the Government? (c) Both 1 and 2
1. Increase in the Government (d) Neither 1 nor 2
Expenditure
2. Decrease in the Fiscal Deficit Q58. With reference to Credit Rating
3. Increase in the Tax Expenditure. Agencies, consider the following
Select the correct answer using the statements:
code given below: 1. The rating by CRA is assigned to a
(a) 1 and 2 only security or an instrument
(b) 1 and 3 only 2. The Credit rating agencies are
(c) 2 and 3 only regulated by SEBI
(d) 1, 2 and 4
3. It is a recommendation to buy, sell 1. The Public Procurement Policy

or hold a debt instrument provides for procurement of
Which of the statements given minimum 25% of the Goods and
above are correct? Services from the MSMEs.
(a) 1 and 2 only 2. The Public Procurement Policy
(b) 2 and 3 only provides for the Domestic Content
(c) 1 and 3 only Requirement to boost Make in
(d) 1, 2 and 3 India.
Q59. Which among the following are the above is/are correct?
likely implications of Off-Budget (a) 1 only
Financing of the Government? (b) 2 only
1. Increase in the Fiscal Deficit (c) Both 1 and 2
2. Increase in the Future Liabilities of (d) Neither 1 nor 2
Government
3. Decrease in the Parliament’s Q62. Which of the following can be said
Control over the Government’s to be essential features on Model
Finances. Bilateral Investment treaty, 2016
Select the correct answer using the as adopted by Government of
code given below India?
(a) 1 only 1. It provides for asset-based
(b) 1 and 2 only definition of investment.
(c) 2 and 3 only 2. It provides for exclusion of Most
(d) 1, 2 and 3 Favoured Nation Treatment.
3. It provides for Corporate Social
Q60. Consider the following statements Responsibilities.
related to Generic Medicines in Select the correct answer using he
India: code given below:
1. The Generic Medicines are the non- (a) 1 and 2 only
patented drugs which are sold (b) 1 and 3 only
under the chemical composition (c) 2 and 3 only
name. (d) 1, 2 and 3
2. The Pradhan Mantri Bharatiya Jan
Aushadi Pariyojana (PMBJP) is Q63. Consider the following statements
implemented by National related to imposition of Cess in
Pharmaceutical Pricing Authority India:
(NPPA) 1. The proceeds of the Cess are
Which of the statements given credited into dedicated funds
above is/are correct? outside the Consolidated Fund of
(a) 1 only India.
(b) 2 only 2. The proceeds of the Cess are
(c) Both 1 and 2 required to be shared between
(d) Neither 1 nor 2 Centre and States based upon the
recommendations of Finance
Q61. Consider the following statements Commission.
related to Public Procurement in Which of the statements given
India: above is/are correct?
(a) 1 only 3. Increases in the GST compliance by

(b) 2 only MSMEs.
(c) Both 1 and 2 4. Bringing petroleum goods under
(d) Neither 1 nor 2 GST.
Q64. With regards to Cess, consider the code given below:
following statements: (a) 1 and 2 only
1. It is levied on the tax payable and (b) 1, 2 and 3 only
not on the taxable income (c) 1, 3 and 4 only
2. It cannot be levied on indirect form (d) 1, 2, 3 and 4
of taxes
Which of the statements given Q68. Which of the following are
above is/are correct? attributes of Protectionism in an
(a) 1 only economy?
(b) 2 only 1. Imposition of import tariffs &
(c) Both 1 and 2 quotas
(d) Neither 1 nor 2 2. Local content requirements
3. License/Permit requirement for
Q65. Inter-creditor agreement (ICA) was import
framed based on recommendations Select the correct answer from the
of: codes given below:
(a) Sashakt Committee (a) 1 and 2 only
(b) Rangarajan Committee (b) 2 and 3 only
(c) Gadgil Committee (c) 1 and 3 only
(d) Ratan Watal Committee (d) 1, 2 and 3
Q66. With respect to Helicopter money, Q69. Who among the following can be
which of the statements is/are declared as Wilful defaulter
correct? according to RBI's guidelines?
1. New currency notes are printed and 1. Borrower who fails to meet his dues
distributed to all citizens. even if he has the ability to pay
2. Citizens have to pay very less 2. Borrower who has diverted the
interest rate on such money. money away from the intended
Select to correct answer using the purpose
code given below: 3. Borrower who defaults on loan
(a) 1 only repayment and has sold the
(b) 2 only mortgage kept with the Bank.
(c) Both 1 and 2 Select the correct answer using the
(d) Neither 1 nor 2 code given below:
(a) 1 only
Q67. Which among the following factors (b) 1 and 2 only
can possibly contribute to increase (c) 1 and 3 only
in the Tax Buoyancy? (d) 1, 2 and 3
1. Increase in the Disposable Income
of the individuals. Q70. Which of the statements is/are
2. Changes in the rates. correct about Housing Finance
Companies?
1. They can accept demand deposits 1. Depositors money cannot be used

but cannot issue cheques drawn on to set aside the adequate capital.
itself 2. It is measured in terms of % of the
2. They do not form part of the total consolidated assets of the
payment and settlement system. banks.
Select the correct answer from the Which of the statements given
codes given below: above is/are correct?
(b) 2 only (b) 2 only
(c) Both 1 and 2 (c) Both 1 and 2
(d) Neither 1 nor 2 (d) Neither 1 nor 2
Q71. Consider the following statements Q74. FAME India scheme aims to achieve
related to Provisioning Coverage which of the following objective?
ratio (PCR) (a) Transition to Solar power
1. Under PCR, the banks have to set (b) Transition from thermal to hydro
aside certain percentage of their power
profits to meet the risks associated (c) Transition to electric vehicles
with their loans (d) Integration of leather goods
2. The Provisioning norms are industry
applicable only to NPAs and not for
the standard assets Q75. Consider the following statements
Which of the statements given related to One nation, One ration
above is/are correct? card scheme:
(a) 1 only 1. Aadhar card linkage is mandatory
(b) 2 only to avail benefit under the scheme.
(c) Both 1 and 2 2. It is a part of the integrated public
(d) Neither 1 nor 2 distribution system scheme.
Q72. Consider the following statements above is/are correct?
related to Banking Stability (a) 1 only
indicator: (b) 2 only
1. It measures the expected number of (c) Both 1 and 2
banks that could become (d) Neither 1 nor 2
distressed if one bank fails.
2. An increase in the indicator value Q76. Which of the following is/are not
means that the banking sector is covered under the PM Fasal Bima
more stable. Yojana?
Which of the statements given 1. Pest attack
above is/are correct? 2. Cloud Burst
(a) 1 only 3. Losses due to war
(b) 2 only Select the correct answer using the
(c) Both 1 and 2 code given below.
(d) Neither 1 nor 2 (a) 1 and 2 only
(b) 2 only
Q73. Consider the following statements (c) 3 only
related to Capital Adequacy ratio: (d) 2 and 3 only
Q77. Which of the following has lowest (d) Neither 1 nor 2

weight in the index of eight core
industries? Q81. The Economic Survey 2018-19
(a) Cement mentioned the intent to follow a
(b) Fertilizers 'Virtuous Cycle' economic model,
(c) Coal which of the following are its key
(d) Steel attributes?
1. Increase in savings & private
Q78. Which among the following are the investment
likely impacts of Crowding out 2. Moderation in exports
effect? Select the correct answer from the
1. Increase in Fiscal deficit. codes given below:
2. Decrease in the rate of interest (a) 1 only
3. Increase in private sector (b) 2 only
investment (c) Both 1 and 2
Select the correct answer using the (d) Neither 1 nor 2
codes given below.
(a) 1 only Q82. Which of the following is not a
(b) 1 and 2 only Major Port of India?
(c) 2 and 3 only 1. Paradip port
(d) 1, 2 and 3 2. Karwar Port
3. Ennore Port
Q79. To obtain full benefits of Select the correct answer using the
demographic dividend, what should code given below?
India do? (a) 1 and 2 only
(a) Promoting skill development (b) 2 only
(b) Introducing more social security (c) 3 only
schemes (d) 1, 2 and 3
(c) Reducing infant mortality rate
(d) Privatization of higher education Q83. FAME- India is the being
implemented by which of the
Q80. Consider the following statements following ministry?
related to Dwarf Firms as (a) The Ministry of Shipping
highlighted in the Economic (b) The Ministry of Railways
Survey: (c) The Ministry of Road Transport and
1. The Dwarf firms are essentially the Highways
start-up companies which employ (d) The Ministry of Heavy Industries
less than 10 persons. and Public Enterprises
2. These firms account for a major
share of manufacturing sector in Q84. Consider the following statements
terms of their number and about Zero Budget Natural farming
employment. 1. It requires an integrated farming
Which of the statements given system with livestock rearing.
above is/are correct? 2. It focuses on fermented microbial
(a) 1 only cultures to increase soil fertility
(a) 1 only (c) In the 3rd stage both Birth rate and
(b) 2 only Death rate are low and they reflect
(c) Both 1 and 2 a stage of low population
(d) Neither 1 nor 2 fluctuation
(d) None of the above
Q85. Which of the following is/are
considered to lead to an increase in Q89. Which of the following forms part of
revenue for Government of India? the Revenue Expenditure of the
1. Disinvestment in Public Sector Government?
Enterprises 1. Capital Asset creation
2. Transfer of reserves from Reserve 2. Salaries payment
Bank of India 3. Interest payment on past debt
Select the correct answer form the Select the correct answer from the
codes given below: code given below:
Q86. Which of the following are Q90. Which of the following statements
considered detrimental to fiscal about Airports Economic regulatory
consolidation? authority is/are correct?
1. Decrease in Tax to GDP ratio 1. It regulates the aeronautical
2. Increase in Government subsidies charges and tariffs at airports in
Select the correct answer from the India.
codes given below: 2. Only major airports come under its
(a) 1 only jurisdiction.
(b) 2 only
Q87. Which of the parameters is not (c) Both 1 and 2
used for calculation of Keqiang (d) Neither 1 nor 2
Index?
(a) Railway cargo volume Q91. Consider the following statements
(b) Electricity consumption about Kisan Urja Surakshah evam
(c) loans disbursed by Banks Utthan Mhaabhiyan (KUSUM).
(d) Money spent by the government on 1. Its fall under the Ministry of Power.
social welfare 2. It aims to increase the solar
capacity of India.
Q88. Which of the following are correct 3. Only farmer cooperatives are
about the Demographic Transition eligible to get support for
Theory? installation of solar power
(a) 1 stage is marked by population agriculture pumps.
explosion Which of the statements given
(b) In the 2nd stage Birth rate is lower above is/are correct?
as compared to death rate. (a) 1 and 2 only

(c) 2 and 3 only (b) 2 only
(d) 1, 2 and 3 (c) Both 1 and 2
(d) Neither 1 nor 2
with regards to Dibang Q95. Consider the following statements
Multipurpose project: about Securities and Exchange
1. This is the largest ever Hydro Board of India (SEBI)?
Electric Projects to be constructed 1. It regulates and promotes the
in India. development of securities market in
2. It will be the highest dam in India India.
once completed 2. The Parliament though Finance
3. The Project is located in Assam on Bill, 2019 has proposed to transfer
the tributary of the River annual surplus of SEBI to
Brahmaputra Consolidated Fund of India.
Which of the statements given Which of the statements given
above is/are correct? above is/are correct?
(a) 1 and 2 only (a) 1 only
(c) 1 and 3 only (c) Both 1 and 2
Q93. Consider the following statements Q96. With reference to the World
with respect to Essential Economic Outlook report consider
Commodities Act, 1955 the following statements:
1. It only includes edible items in its 1. It is released by the World Bank
schedule. 2. It is released twice a year.
2. Only central governments can Which of the statements given
amend the schedule. above is/are correct?
Which of the above statements (a) 1 only
is/are correct? (b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2 Q97. Which of the following fuel has the
highest weightage in power
Q94. With reference to Zero Budget generation in India?
Natural Farming, consider the (a) Solar
following statements: (b) Natural Gas
1. 'zero budget’ farming intends for (c) Coal
farming without using any credit, (d) Wind
and without spending any money
on purchased inputs Q98. Which of the following statements
2. Natural farming means farming about Global Innovation Index
with nature and without chemicals 2019 is/are correct?
Which of the statement/s given 1. It is published by WIPO.
2. India has the highest rank in Q102. Which of the following can be
central and south Asia region. considered as attributes of 'digital
Which of the statements given kleptocracy'?
above is/are correct? 1. Harnessing person's data for profit
(a) 1 only without consent
(b) 2 only 2. Data ownership for individual
(c) Both 1 and 2 generating the data
(d) Neither 1 nor 2 3. Monetization of private data by
Government
Q99. India Innovation Index is released Select the correct answer form the
by? codes given below:
(a) Ministry of Skill development (a) 1 and 2 only
(b) Ministry of Commerce (b) 2 and 3 only
(c) NITI Aayog (c) 1 and 3 only
(d) FICCI (d) 1, 2 and 3
Q100. Which of the following are Q103. Which of the following sectors are
considered as a part of revenue included in the index of eight Core
expenditure under the Union industries?
Budget? 1. Fertilizers
1. Subsidies 2. Mining
2. Loans and advances to state 3. Electricity
Governments Select the correct answer using the
3. Grants given to states codes given below:
codes given below: (b) 1 and 3 only
(a) 1 only (c) 2 and 3 only
(b) 1 and 3 only (d) 1, 2 and 3
(c) 2 and 3 only
(d) 1, 2 and 3 Q104. Consider the following about the
index of Eight Core industries:
Q101. Consider the following statements 1. The Highest Weightage is assigned
about Private Crypto currencies: to Petroleum Refinery products
1. These are recognised as legal tender 2. The lowest Weightage is assigned to
money by RBI Fertilizers production
2. These are regulated in India by the Which of the statements given
RBI under Payment and Settlement above is/are correct?
Act. (a) 1 only
Which of the statements given (b) 2 only
above is/are correct? (c) Both 1 and 2
(a) 1 only (d) Neither 1 nor 2
(b) 2 only
(c) Both 1 and 2 Q105. Which of the following forms the
(d) Neither 1 nor 2 largest collection in total gross GST
Revenue?
(a) Central GST
(b) State GST
(c) Integrated GST Q109. What does the P.J Nayak

(d) Cess Committee, recently in news deals
with?
Q106. With reference to Geographical (a) Governance Reforms of Public
Indications (GI) tag, consider the Sector Banks
following statements: (b) RBI's Economic Capital Framework
1. Karnataka has received the highest (c) Reforms in the Local Governance
number of G.I tagged products Institutions
2. Food items have received the (d) Transfer of SEBI's Reserves to
highest G.I. tags in India Government
3. Tamil Nadu leads in highest no. of
handicraft G.I. tags Q110. Which among the following reasons
Which of the statements given could lead to Rupee Depreciation?
above are correct? 1. Decline in Exports
(a) 1 and 2 only 2. Increase in Imports
(b) 2 and 3 only 3. Increase in FDI into India
(c) 1 and 3 only Select the correct answer using the
(d) 1, 2 and 3 code given below:
(a) 1 and 2 only
Q107. Consider the following statements (b) 2 and 3 only
about National Investment and (c) 1 and 3 only
infrastructure fund: (d) 1, 2 and 3
1. Government of India is the majority
stakeholder in this fund Q111. Consider the following statements
2. It only provides equity support for related to Currency War:
new infrastructure projects. 1. It refers to competitive revaluation
Select the correct answer using the of the currencies by the various
code given below: economies.
(a) 1 only 2. It is mainly done in order to make
(b) 2 only the exports competitive and boost
(c) Both 1 and 2 the economic growth.
(d) Neither 1 nor 2 Which of the statements given
Q108. Which among the following sectors (a) 1 only
have been classified as Priority (b) 2 only
sectors by the RBI? (c) Both 1 and 2
1. Agriculture (d) Neither 1 nor 2
2. Micro and Small Enterprises
3. Self-Help Groups Q112. Which of the following are
4. Loans to the poor and vulnerable parameters of Regulatory Sandbox
sections. policy?
Select the correct answer using the 1. Live testing of new products
code given below: 2. Controlled environment
(a) 1 and 2 only 3. Regulatory relaxations
(b) 1 and 3 only Select the correct answer from the
(c) 1, 2 and 3 only codes given below:
(d) 1, 2, 3 and 4 (a) 1 and 2 only
(b) 2 and 3 only (d) Neither 1 nor 2

(c) 1 and 3 only
(d) 1, 2 and 3 Q116. Which among the following are the
characteristics of Crowding-in
Q113. What of the following is/are terms Effect?
of reference for the Arbind Modi 1. Decrease in the Government
Task Force? Expenditure
1. New direct tax legislation 2. Increase in the Private Sector
2. Economic impact of demonetization Expenditure
Select the correct answer from the 3. Increase in the GDP Growth.
codes given below: Select the correct answer using the
(a) 1 only code given below:
(c) Both 1 and 2 (b) 1 and 2 only
(d) Neither 1 nor 2 (c) 2 and 3 only
(d) 1 and 3 only
related to Capital Output Ratio: Q117. Consider the following statements
1. The Capital Output ratio shows the related to Sabka Vishwas (Legacy
relationship between the Dispute Resolution) Scheme 2019:
Investment rates and GDP Growth 1. This scheme has been launched to
in a country. address the pendency of tax related
2. The higher capital output ratio cases of Excise duty and Service
denotes higher efficiency of the Tax.
capital 2. This scheme provides for
Which of the statements given opportunity to the tax payers to pay
above is/are correct? the outstanding tax and be free
(a) 1 only from any consequence under the
(b) 2 only law.
(c) Both 1 and 2 Which of the statements given
(d) Neither 1 nor 2 above is/are correct?
(a) 1 only
Q115. Consider the following statements (b) 2 only
related to Participatory Notes (P- (c) Both 1 and 2
Notes): (d) Neither 1 nor 2
1. These are the instruments used by
the foreign investors to invest in Q118. Partial credit guarantee scheme
India without getting registered announced in the budget of 2019-
with the SEBI 20 was aimed at?
2. These instruments are issued by (a) To improve investment in Public
the SEBI to the overseas investors sector enterprises
directly. (b) To improve the Corporate bond
Which of the statements given markets
above is/are correct? (c) To improve the liquidity situation of
(a) 1 only NBFCs
(b) 2 only (d) None of the above
(c) Both 1 and 2
Q119. Which of the following were within Which of the statements given
the purview of the Bimal Jalan above is/are correct?
Committee? (a) 1 only
1. Review justification of various (b) 2 only
reserves and buffers presently (c) Both 1 and 2
provided for by the RBI (d) Neither 1 nor 2
2. Suggest an adequate level of risk
provisioning that the RBI needs to Q122. Consider the following statements:
maintain 1. 100% FDI under automatic route is
3. To propose a suitable profits allowed in mining of coal
distribution policy for the RBI 2. Coal sector was nationalized under
4. Treatment of surplus reserves Lal bahadur Shastri.
created out of realized gains Which of the statements given
Select the correct answer from the above is/are correct?
codes given below: (a) 1 only
(a) 1, 2 and 3 only (b) 2 only
(b) 2, 3 and 4 only (c) Both 1 and 2
(c) 1, 3 and 4 only (d) Neither 1 nor 2
(d) 1, 2, 3 and 4
Q123. Which among the following is/are
Q120. Which among the following considered to be the assets of the
activities is/are undertaken by the RBI?
Development Banks? 1. G-Secs with the RBI.
1. Providing both short term and long 2. Currency in Circulation.
term credit. 3. CRR Deposits of the Banks
2. Buying the shares of the Select the correct answer using the
Infrastructure Financing code given below:
Companies. (a) 1 only
3. Guaranteeing the repayment of (b) 1 and 2 only
Bonds issued by Companies. (c) 1 and 3 only
Select the correct answer using the (d) 1, 2 and 3
code given below:
(a) 1 and 2 only Q124. Which among the following factors
(b) 1 and 3 only can lead to increase in the Net
(c) 2 and 3 only profits of the RBI?
(d) 1, 2 and 3 1. Increase in the purchase of G-Secs
by RBI under the Open Market
Q121. Consider the following statements Operations.
related to Energy Efficiency 2. Increase in the loans extended by
Services Limited (EESL): the RBI to the Commercial Banks.
1. It is a statutory body created under 3. Appreciation in the value of Gold
the Energy Conservation Act, 2001 held by RBI.
in order to promote energy Select the correct answer using the
efficiency measures. code given below:
2. It implements the UJALA and Atal (a) 1 and 2 only
Jyoti Yojana Schemes. (b) 2 and 3 only
(c) 1 and 3 only
(d) 1, 2 and 3 1. Under the Ethanol blending

program Oil Marketing companies
Q125. Which of the following are correct have to blend Ethanol up to 5% in
about Prompt Corrective action the petrol.
framework of RBI? 2. Government has recently allowed
1. RBI can cap the lending limit of a the conversion of old sugar into
bank to one sector. ethanol.
2. RBI can supersede banks board. Select the correct answer using the
Select the correct answer using the codes given below:
codes given below: (a) 1 only
(a) 1 only (b) 2 only
(b) 2 only (c) Both 1 and 2
(c) Both 1 and 2 (d) Neither 1 nor 2
(d) Neither 1 nor 2
Q129. Which of the following are correct
Q126. Which of the following are the about the PM Laghu Vyapari
benefits of bank merger? Yojana?
1. Leveraging Economy of Scale 1. It has been introduced under the
2. Better usage of equity and unorganised worker's social
technological platform of existing security Act. 2008
banks. 2. Aadhaar Card is not mandatory for
Select the correct answer using the the scheme.
codes given below: 3. Central govt will make equal
(a) 1 only contributions under it.
(b) 1 and 2 only
Q127. Consider the following statements (c) 1 and 3 only
related to Bank Investment (d) 1, 2 and 3
Company (BIC):
1. It is proposed to set up by P.J. Q130. Which of the following statements
Nayak Committee on reforming the is/are correct?
Governance of Public Sector Banks. 1. India ranks in top five in terms of
2. It would act as a holding company gold reserves
for the Public sector banks so as to 2. World gold council is an
avoid political interference and intergovernmental organisation.
infuse professionalism into Banks. Select the correct answer using the
Which of the statements given codes given below:
(d) Neither 1 nor 2
Q128. Q155. Which of the following related to Alternative Mechanism
statements is/are correct?
(AM) for the merger of public Sector benefits drawn from the Pradhan
Banks in India: Mantri Kisan Samman Nidhi (PM-
1. It is headed by the Prime Minister. KISAN) Scheme directly.
2. It gives the in-principle approval for Which of the statements given
the merger of the Banks. above is/are correct?
(c) Both 1 and 2
(d) Neither 1 nor 2 Q135. Consider the following statements
related to Small Finance Banks
Q132. Which of the statements about one (SFBs):
nation one ration card is correct? 1. They are differentiated banks set
1. For the first time a person will be up on the recommendations of
able to take grains from a ration Nachilet Mor Committee.
shop located outside his locality. 2. They are allowed to only undertake
2. Aadhar seeding is not compulsory deposits and barred from given
under the scheme. loans.
Select the correct answer using the 3. They can operate only in a specific
codes given below: region of the country as stipulated
(a) 1 only by RBI.
(b) 1 and 2 only
Q133. Consider the following statements (c) 1 and 3 only
related to Market Intervention Price (d) 1, 2 and 3
Scheme:
1. It is applicable only for horticulture Q136. Which among the following
products. transactions are recorded under
2. The Losses incurred are shared the Capital Account as part of
between centre and state. Balance of Payments (BoP)?
Which of the statements given 1. Foreign Investment
above is/are correct? 2. Import and Export of Goods
(a) 1 only 3. Remittances
(b) 2 only 4. External Commercial Borrowings
(c) Both 1 and 2 (ECBs)
(d) Neither 1 nor 2 Select the correct answer using the
code given below
Q134. Consider the following Statements (a) 1 and 2 only
about PM Kisan Man Dhan Yojana: (b) 2 and 3 only
1. It will be implemented by Ministry (c) 2 and 4 only
of agriculture and farmer's welfare. (d) 1 and 4 only
2. The farmers can opt to allow their
monthly contribution to the
Scheme to be made from the
Q137. Which among the following was the (b) 2 only

top export commodity for India as (c) Both 1 and 2
per the Trade Statistics 2018-19? (d) Neither 1 nor 2
(a) Petroleum Products
(b) Gold Jewellery Q141. Which of the following taxes are
(c) Engineering Goods direct taxes?
(d) Pharmaceutical Drugs 1 Excise duty
2 Customs duty
Q138. Which among the following are 3 Minimum alternative tax
steps taken by government to boost Select the correct answer using the
export? codes given below:
1. Offset the duties paid on export. (a) 3 only
2. Increase priority sector lending for (b) 1 and 2 only
export credit. (c) 2 and 3 only
3. Annual mega shopping festivals (d) 1, 2 and 3
code given below: Q142. Consider the following statements:
(a) 1 only 1 The Government has introduced
(b) 1 and 2 only MAT so as to bring Zero Tax
(c) 2 and 3 only companies under the tax bracket.
(d) 1, 2 and 3 2 On comparing MAT and corporate
tax the companies are required to
Q139. Consider the following statements pay the lower tax liability among
related to GDP Estimation in India: the two.
1. It is estimated by the National Select the correct answer using the
Statistical Office under the Ministry codes given below:
of Statistics and Programme (a) 1 only
Implementation. (b) 2 only
2. The contribution of Unorganised (c) Both 1 and 2
Sector is not accounted in the GDP (d) Neither 1 nor 2
Calculation.
Which of the statements given Q143. Consider the following statements
above is/are correct? GST council:
(a) 1 only 1. It is an executive body
(b) 2 only 2. Every decision in the council is
(c) Both 1 and 2 taken by simple majority.
(d) Neither 1 nor 2 Which of the statements given
Q140. Consider the following statements. (a) 1 only
1. MGNREGA wages are linked to the (b) 2 only
CPI - Agricultural labour. (c) Both 1 and 2
2. CPI - Agricultural Labour is (d) Neither 1 nor 2
computed by the National Statistics
office. Q144. Consider the following countries:
Which of the statements given (Prelims 2018)
above is/are correct? 1. Australia
(a) 1 only 2. Canada
3. China 2. Cash grant in aid from foreign

4. India countries
5. Japan 3. Disinvestment of PSU.
6. USA Select the correct answer using the
Which of the above are among the codes given below:
‘free-trade partners’ of ASEAN? (a) 1 only
(a) 1, 2, 4 and 5 only (b) 1 and 2 only
(b) 3, 4, 5 and 6 only (c) 2 and 3 only
(c) 1, 3, 4 and 5 only (d) 1, 2 and 3
(d) 2, 3, 4 and 6 only
Q149. Which of the following are included
Q145. Consider the following statements: in revenue expenditure under the
1. FDI is accompanied by only with union budget?
ownership rights. 1. Defence expenditure
2. Investment of less than 10% is 2. Interest payments
considered as an FPI. 3. Subsidies
Which of the stamens given above Select the correct answer using the
is/are correct? codes given below:
Q146. Which of the following is top Q150. Consider the following statements
supplier of crude oil to India? related to Scheduled Banks in
(a) Iraq India:
(b) Iran 1. They are listed under the II
(c) Saudi Arabia Schedule of the RBI Act, 1934.
(d) United States of America 2. They need to have a minimum paid
up capital of Rs 100 Crores.
Q147. Which of following are included in 3. All the Cooperative Banks and
the calculation of Current account Regional Rural Banks (RRBs) are
deficit? categorised under the Scheduled
1. Foreign direct investment in India Banks.
2. Foreign Portfolio investment Which of the statements given
3. Trade in invisibles above is/are correct?
codes given below: (b) 1 and 2 only
(a) 3 only (c) 2 and 3 only
(b) 1 and 2 only (d) 1, 2 and 3
(c) 2 and 3 only
(d) 1, 2 and 3 Q151. Consider the following statements
related to differences between FDI
Q148. Which of the following are included and FPI:
under Revenue receipts for the 1. The FDI is accompanied by both
Union Budget? ownership and management while
1. Corporate tax
FPI may be accompanied only by 1. The MGNREGA Wages are notified

ownership. by the State Governments in
2. FDI is mainly long term while the consultation with the Central
FPI is short term in nature. Government.
3. The FPI is considered to be more 2. The MGNREGA Wages cannot be
volatile than FDI and hence called lower than the Minimum wages for
as Hot Money. the agricultural labour fixed by
Which of the statements given State Government.
above is/are correct? Which of the statements given
(a) 1 only above is/are correct?
(b) 1 and 2 only (a) 1 only
(c) 2 and 3 only (b) 2 only
(d) 1, 2 and 3 (c) Both 1 and 2
(d) Neither 1 nor 2
related to Cooperative Banks in Q155. Consider the following statements
India: on Data Localisation:
1. They are registered under the 1. India does not have any rule as of
Cooperative Societies Registration now on Data Localisation.
Act. 2. India has accepted all the clauses of
2. The Provisions of the Banking e-commerce chapter of RCEP
Regulation Act, 1949 are not Agreement.
applicable to the Cooperative Which of the statements given
Banks. above is/are correct?
(c) Both 1 and 2
(d) Neither 1 nor 2 Q156. Consider the following statements:
1. Monetary Policy Framework
Q153. Which of the following International Agreement (MPFA) has been signed
Reports are published by World between RBI and Government of
Economic Forum? India.
1. Global Gender Gap Report 2. MPFA has made Inflation Targeting
2. Future of Jobs Report and achieving price stability the
3. World Economic Outlook responsibility of RBI.
Select the Correct answer using the Which of the statements given
code given below: above is/are correct?
(c) 1, and 3 only (c) Both 1 and 2
Q154. Consider the following statements Q157. Consider the following sources of
related to fixing of MGNREGA Renewable Energy:
Wages: 1. Solar
2. Wind (b) Relationship between GDP growth

3. Bio-power and Climate Change
4. Small hydropower projects (< 25 (c) Measurement of economic activity
MW). (d) Rate of Job Creation in an Economy
Which among the following
correctly depicts the decreasing Q161. Consider the following statements
order of installed power capacity of about Merchant Discount Rate:
these sources? 1. It is a fee charged from customers
(a) 1, 2, 3 and 4 by the merchants on transactions
(b) 2, 1, 3 and 4 through credit card only.
(c) 2, 1, 4 and 3 2. In line with budget announcement
(d) 1, 2, 4 and 3 made in 2019-20, Ministry of
Finance has done away with
Q158. Consider the following statements Merchant Discount Rate on all
about Interconnect Usage Charge: digital payments made in the
1. It is the cost paid by one mobile country.
telecom operator to another when Which of the statements given
its customers make outgoing above is/are correct?
mobile calls to the other operator’s (a) 1 only
customers (b) 2 only
2. TRAI has put an end to the IUC as (c) Both 1 and 2
it was adding to the financial (d) Neither 1 nor 2
burden of consumers.
Which of the statements given Q162. Consider the following statements:
above is/are correct? 1. India is an active member of
(a) 1 only Financial Action Task Force (FATF).
(b) 2 only 2. FATF has put 'stablecoins' which is
(c) Both 1 and 2 a type of cryptocurrency under its
(d) Neither 1 nor 2 observation for being used for terror
financing and money laundering
Q159. Consider the following statements activities.
about Regional rural Banks: Which of the statements given
1. They operate in rural areas only above is/are correct?
2. They were established under the (a) 1 only
provisions of RBI act of 1934. (b) 2 only
Which of the statements given (c) Both 1 and 2
above is/are correct? (d) Neither 1 nor 2
(a) 1 only
(b) 2 only Q163. Consider the following statements
(c) Both 1 and 2 about PM's Economic Advisory
(d) Neither 1 nor 2 Council.
1. It is a statutory body.
Q160. What does the Li Keqiang Index 2. It can allocate money for various
deals with? projects of Government of India.
(a) Measurement of Poverty levels in a Which of the statements given
country above is/are correct?
(a) 1 only
(b) 2 only (a) World intellectual property

(c) Both 1 and 2 organisation
(d) Neither 1 nor 2 (b) World Economic forum
(c) World bank
Q164. Which of the following indicators (d) IMF
are used for deciding the quota of a
country under IMF? Q168. Global Competitiveness index is
1. Size of GDP published by which of the
2. Openness of the Economy following?
3. International reserves of the (a) World intellectual property
country organisation
Select the correct answer using the (b) World Economic forum
codes given below: (c) World bank
(a) 1 only (d) IMF
(b) 1 and 2 only
(c) 2 and 3 only Q169. India Innovation index is published
(d) 1, 2 and 3 by which of the following?
(a) National Innovation Council
Q165. Consider the following respect with (b) National skill development council
respect to palm oil: (c) NITI Aayog
1. Malaysia and Indonesia are major (d) Reserve bank of India
suppliers to India.
2. India is world's largest importer of Q170. Who among the following declares
palm oil. the Minimum Support Prices in
Which of the statements given India?
above is/are correct? (a) Commission on Agricultural Costs
(a) 1 only and Prices (CACP)
(b) 2 only (b) Cabinet Committee on Economic
(c) Both 1 and 2 Affairs
(d) Neither 1 nor 2 (c) NITI Aayog
(d) Ministry of Finance
Q166. Which of the following can be the
consequences of reduction in Q171. Consider the following statements
corporate tax in India? related to fixing the Minimum
1. Increase in private investment Support Price (MSP):
2. Decrease in FDI 1. It is declared at 1.5 times the
3. Reduction in prices of commodities production cost as per the C2
Select the correct answer using the Approach.
code given below: 2. The Swaminathan Committee had
(a) 1 only recommended for adoption of
(b) 1 and 2 only broader approach of A2+FL
(c) 1 and 3 only Approach.
(d) 1, 2 and 3 Which of the statements given
Q167. Global Innovation index is (a) 1 only
published by which of the following (b) 2 only
organisations? (c) Both 1 and 2
(d) Neither 1 nor 2 2. It replaced Jawaharlal Nehru

Urban Renewal Mission.
Q172. Consider the following pairs: 3. It aims to create infrastructure for
1. Ease of doing business - World providing universal water and
Economic Forum sewerage services.
2. Global competitiveness Index - Which of the statements given
World Bank above is/are correct?
3. Global innovation Index - WIPO (a) 1 and 2 only
Which of the pairs given above (b) 2 only
is/are correct? (c) 2 and 3 only
(a) 1 and 2 only (d) 1, 2 and 3
(b) 2 and 3 only
(c) 3 only Q176. India has a strategic petroleum
(d) 1, 2 and 3 Reserve in which of the following
places?
Q173. Consider the following statements: 1. Padur
1. FDI up to 100 % is allowed only in 2. Mangalore
the inventory based model of e- 3. Vishakhapatnam
commerce in India. Select the correct answer using the
2. Deep Discounts are an act of code given below:
predatory pricing under the Indian (a) 1 only
laws. (b) 1 and 3 only
Which of the statements given (c) 2 and 3 only
above is/are correct? (d) 1, 2 and 3
(a) 1 only
(b) 2 only Q177. Consider the following statements
(c) Both 1 and 2 related to Index of Eight Core
(d) Neither 1 nor 2 Industries:
1. This index is calculated by the
Q174. Which of the following statements National Statistical Office under the
about Smart Cities Mission is/are Ministry of Statistics and
correct? Programme Implementation.
1. It will be implemented through a 2. The Eight Core Industries
special purpose vehicle set up at constitute more than 50% of total
the city level. Index of Industrial Production.
2. It is a central sector scheme. 3. The Petroleum refinery products
Select the correct answer using the has been assigned the highest
code given below: weightage under the Index of Eight
(a) 1 only Core Industries.
(b) 2 and 3 only
Q175. Consider the following statements (c) 3 only
with respect to AMRUT Mission: (d) 1, 2 and 3
1. It is a core scheme of the
government.
Q178. Which among the following Which of the statements given

categories of banks are required to above is/are correct?
follow Priority sector lending (PSL) (a) 1 only
norms mandated by RBI? (b) 2 only
1. Commercial Banks (c) Both 1 and 2
2. Regional Rural banks (d) Neither 1 nor 2
3. Small Finance Banks
4. Urban Cooperative Banks. Q181. Consider the following statements
Select the correct answer using the related to Alternative Investment
code given below: Funds:
(a) 1 and 2 only 1. Alternative Investment Funds are
(b) 1, 2 and 3 only pooled investment vehicles
(c) 1 and 3 only designed to provide debt financing
(d) 1, 2, 3 and 4 for various projects.
2. Alternative Investment Funds are
regulated by RBI.
Q179. Consider the following pairs of Which of the above statements
terms and their meaning related to is/are true?
Labour Force Surveys: (a) 1 only
Terms- Meaning (b) 2 only
1. Labour Force Participation Rate- (c) Both 1 and 2
Labour Force/ Working-Age (d) Neither 1 nor 2
Population) * 100
2. Employment to Population Ratio Q182. Which of the following agencies
- (Work Force/ Total Population) * publishes the Freedom on Net
100 report to measure the extent of
3. Worker Population Ratio - Number Internet Freedom across the world?
of persons employed per 1000 (a) Freedom House
Working age persons (b) International Telecommunication
Which of the pairs given above (c) Union Freedom of Information
is/are incorrectly matched? Advocates Network
(a) 1 only (d) Internet and Jurisdiction Project
(b) 1 and 2 only
(c) 3 only Q183. With which among the following
(d) 2 and 3 only group of countries is India
presently negotiating Bilateral
Q180. Consider the following statements Trade and Investment Agreement
related to Quarterly Employment (BTIA)?
Survey: (a) ASEAN
1. This survey covers the Employment (b) GCC
in the Agricultural and Non- (c) EU
Agricultural Sector. (d) MERCOSUR
2. This survey is carried out by the
National Statistical Office under the Q184. Which of the following parameters
Ministry of Statistics and are used for calculating Happiness
Programme Implementation. Report 2020?
1. Levels of GDP
2. Life expectancy (c) 1 and 2 only

3. Literacy Rate (d) 2 and 3 only
4. Social support
5. Freedom Q187. Which among the following is/are
6. Women empowerment characteristics of stagflation in an
Choose the correct answer from the economy?
code given below: 1. Economic Slowdown.
(a) 1, 2, 3 and 4 only 2. Lower rate of Inflation.
(b) 1, 2, 3 and 5 only 3. Higher rate of Unemployment.
(c) 1, 2, 4 and 5 only Select the correct answer using the
(d) All of the above code given below:
(a) 1 only
Q185. Consider the following statements (b) 1 and 2 only
related to World Gold Council: (c) 1 and 3 only
1. It is a UN affiliated global body to (d) 1, 2 and 3
help the member countries in
mining gold in a responsible Q188. Consider the following statements
manner. related to Price Stabilization Fund
2. It has formulated Conflict Free Gold Scheme:
Standard to ensure that the gold 1. It is implemented to protect the
mining does not finance armed consumers from large scale
conflicts. increase in the prices of all the
Which of the statements given horticultural commodities.
above is/are correct? 2. This scheme is implemented by the
(a) 1 only Union Ministry of Agriculture.
(c) Both 1 and 2 above is/are correctly matched?
(b) 2 only
Q186. Consider the following statement: (c) Both 1 and 2
1. As per Supreme Court Judgment, (d) Neither 1 nor 2
in cases of insolvency proceedings,
Operational Creditors shall always Q189. Consider the following about
be preferred over Financial strategic disinvestment in India?
Creditors for settling of dues. 1. It is a step towards reducing fiscal
2. The 330 days’ limit fixed by deficit
Insolvency and Bankruptcy code 2. It involves selling of government
for completing resolution process of shares in PSUs to private sector
insolvency proceedings can be Which of the statements given
extended in case of judicial delays. above is/are correct?
3. The decision of Committee of (a) 1 only
Creditors has to be approved by at (b) 2 only
least 75% of the votes. (c) Both 1 and 2
Which of the statements given (d) Neither 1 nor 2
(a) 1 and 3 only
(b) 2 only
Q190. Consider the following statements: (b) 2 only

1. Sishu, Kishore and Tarun (c) Both 1 and 2
categories of the PMMY loans have (d) Neither 1 nor 2
different collaterals
2. PMMY is run by department of Q194. Consider the following statements
expenditure under Ministry of with respect to INSTEX:
Finance. 1. It is a currency swap arrangement
Which of the statements given used by Iran to bypass US
above is/are correct? sanctions.
(a) 1 only 2. India is a founding member of the
(b) 2 only INSTEX mechanism.
(c) Both 1 and 2 Which of the statements given
(d) Neither 1 nor 2 above is/are correct?
(a) 1 only
Q191. Which of the following institution (b) 2 only
releases the World Economic (c) Both 1 and 2
Outlook report? (d) Neither 1 nor 2
(a) World Bank
(b) IMF Q195. Consider the following statements
(c) G-20 about e-Kuber:
(d) Asian Development Bank 1. It is a platform made by the
government to offer cheap loans to
Q192. Which of the following are among start-ups in India.
the 8 Core Industries? 2. The platform facilitates auction of
1. Cement government securities.
2. Fertilizer Which of the statements given
3. Natural Gas above is/are correct?
4. Refineries (a) 1 only
5. Textiles (b) 2 only
Select the correct answer using the (c) Both 1 and 2
codes given below. (d) Neither 1 nor 2
(a) 1 and 5 only
(b) 2, 3 and 4 only Q196. In the context of Indian economy,
(c) 1, 2, 3 and 4 only 'Open Market Operations' refers to
(d) 1, 2, 3, 4 and 5 (a) borrowing by scheduled banks from
the RBI
Q193. Consider the following statements (b) lending by commercial banks to
related to Geographical Indications industry and trade
(GI) Tag: (c) purchase and sale of government
1. The GI Tag can be issued to securities by the RBI.
association of individuals within a (d) None of the above
particular region of India.
2. The GI tag is valid for a period of 20 Q197. Which of the following can be said
years. to be the impact of Rupee
Which of the statements given Depreciation?
above is/are correct? 1. Raising loan through ECB becomes
(a) 1 only cheap
2. Import becomes expensive both controlling Inflation and

3. Depletes forex reserves Promoting GDP Growth depending
Select the correct answer using the upon the prevailing rate of inflation.
code given below: 2. Under Pure Inflation Targeting, the
a. 1 and 2 only Central Bank would solely focus on
b. 2 and 3 only maintaining rate of Inflation within
c. 1 and 3 only a targeted range
d. None of the above Which of the statements given
Q198. Consider the following statements (a) 1 only
related to the dispute Settlement (b) 2 only
Mechanism under the WTO: (c) Both 1 and 2
1. The Dispute Settlement Body (d) Neither 1 nor 2
comprises of all the WTO member
countries. Q201. There has been increase in the
2. The rulings of the Dispute Panel prices of the food Commodities
have to be accepted only through within Indian Economy. Which of
consensus among the member the following remains unaffected?
countries. 1. Headline Inflation
3. The Judges in the WTO’s Appellate 2. Core Inflation
body are directly appointed by the Select the correct answer using the
director General of the WTO. code given below:
(b) 1 and 2 only (d) Neither 1 nor 2
(c) 1 and 3 only
(d) 1, 2 and 3 Q202. Which among the following best
explains the rationale behind the
Q199. Which among the following deficits adoption of the External
are together referred to as “Twin benchmarking of loans in India?
Deficits”? (a) It would reduce the NPAs or Banks
1. Fiscal Deficit (b) It ensures better monetary policy
2. Revenue Deficit transmission
3. Primary Deficit (c) It ensures cost of borrowing is
4. Current Account Deficit lowered significantly
Select the correct answer using the (d) It indicates an accommodative
code given below: monetary policy stance
(a) 1 and 2 only
(b) 2 and 3 only Q203. Consider the following statements
(c) 1 and 4 only about Atal Bhujal Yojana:
(d) 2 and 4 only 1. The funding pattern is 75:25
between Government of India and
Q200. Consider the following statements World Bank.
related to Inflation Targeting: 2. It is implemented in all states of
1. Under Flexible inflation Targeting, India.
the Central Bank would focus on
Which of the statements given Q207. Consider the following statements

above is/are correct? about Operation Twist of RBI:
(a) 1 only 1. It is being carried out to change the
(b) 2 only liquidity Conditions in Indian
(c) Both 1 and 2 Economy.
(d) Neither 1 nor 2 2. It is being carried out by changing
Repo rate.
Q204. The Western Dedicated Freight Which of the statements given
Corridor passes through which above is/are correct?
among the following states? (a) 1 only
1. Rajasthan (b) 2 only
2. Madhya Pradesh (c) Both 1 and 2
3. Haryana (d) Neither 1 nor 2
4. Uttar Pradesh
Select the correct answer using the Q208. Consider the following states:
code given below: 1. SDG India index is released by
(a) 1 and 2 only Ministry of Finance.
(b) 1, 3 and 4 only 2. The 2019 SDG India index spans
(c) 1, 2 and 4 only across 13 out of the 17 SDGs.
(d) 1, 2, 3 and 4 Which of the statements given
Q205. The Promoters of a particular (a) 1 only
company sell their shares directly (b) 2 only
to the Public in order to dilute their (c) Both 1 and 2
stakes. Which among the following (d) Neither 1 nor 2
best describes this mechanism of
Issuance of shares? Q209. Consider the following statements
(a) Initial Public Offer (IPO) about Global Hunger Index Report
(b) Follow-on-Public Offer (FPO) of 2019:
(c) Offer for Sale (OFS) 1. Rank of India has improved
(d) Rights Issue significantly in the last few years.
2. India has been ranked in the
Q206. With respect to the Safety of the category of “Moderate”.
Banks's Deposits, consider the Which of the statement given above
following statements: is/are correct?
1. Presently, the deposits up to Rs 1 (a) 1 only
lakh are insured by the Reserve (b) 2 only
Bank of India. (c) Both 1 and 2
2. The premium for the Deposit (d) Neither 1 nor 2
Insurance is borne by the
Depositors themselves. Q210. Which of the following best
Which of the statements given represents the MSCI Emerging
above is/are correct? Market Index?
(a) 1 only (a) It measures the growth rates of
(b) 2 only emerging market economies
(c) Both 1 and 2
(d) Neither 1 nor 2
(b) It measures the equity market Q214. Consider the following statements:
performance in emerging market 1. Real GDP growth rate is calculated
economies at Base Year Prices and takes
(c) It measures Ease of Doing Business inflation into account.
in the emerging market economies 2. Nominal GDP growth rate is
(d) None of the above calculated at current market prices
but does not take inflation into
Q211. Which of the following publishes account.
the Index of Economic Freedom? Which of the statement given above
(a) Human Rights Watch is/are incorrect?
(b) Heritage Foundation (a) 1 only
(c) World Economic Forum (b) 2 only
(d) IMF (c) Both 1 and 2
(d) Neither 1 nor 2
Q212. With reference to Purchasing
Managers Index (PMI), consider the Q215. With reference to Coal Sector,
following statements: consider the following statements:
1. It tracks the manufacturing activity 1. India is one of the largest producer
in both private and public sector. and exporter of Coal in the world
2. A reading of above 50 denotes 2. The Coal India Limited enjoys the
expansion while reading of below monopoly in extraction and selling
50 denotes contraction. of coal in the domestic market.
Q213. Which of the following can be said Q216. Which of the following statements
to be bottlenecks for growth of is related to financial inclusion in
agricultural marketing in India? India?
1. Fragmented Agriculture Supply 1. Mechanism for grievance redressal.
Chain 2. Informing and educating people
2. Lack of Access to APMCs for about financial products.
marginal farmers. 3. Provide a wide array of financial
3. Poor Infrastructure of warehousing services to customers.
facilities for agricultural produce. Which of the statements given
4. Domestic Trade barriers in above is/are correct?
Agriculture (a) 1 only
Select the correct answer using the (b) 2 only
code given below: (c) 1 and 3 only
(a) 2, 3 and 4 only (d) 1,2 and 3
(b) 1, 2 and 3 only
(c) 1, 3 and 4 only Q217. What does the SEED (Sustainable
(d) 1, 2, 3 and 4 Entrepreneurship and Enterprise
Development) Fund deals with?
(a) Development of MSMEs 2. The Supreme Court has recently

(b) Providing Equity support to SHGs ruled that the AGR of the Telecom
(c) Development of Biotechnology Companies should include only the
sector revenue earned from core activities.
(d) Development of Women-led Which of the statements given
enterprises above is/are correct?
(a) 1 only
Q218. Consider the following statements (b) 2 only
related to Wholesale Price Index. (c) Both 1 and 2
(WPI) (d) Neither 1 nor 2
1. The WPI is calculated by central
statistical organisation Q221. Consider the following statements
2. The WPI assigns highest weightage with reference to "Stagflation":
to food category. 1. It occurs when economic growth
3. The WPI does not account for rate is negative
inflation in service. 2. It occurs when inflation is beyond
Which of the statements given 10%
above is/are correct? Select the correct answer using the
(a) 1 only code given below:
(c) 3 only (b) 2 only
(d) None of the above (c) Both 1 and 2
(d) Neither 1 nor 2
related to headline and core Q222. Consider the following statements
inflation: related to Make in India Initiative:
1. The Headline inflation is broader 1. It comes under Ministry of Micro,
based than core inflation in terms Small and Medium Enterprise
of coverage of commodities. 2. It's aim is to increase the share of
2. Decline in food and fuel price manufacturing sector to the GDP to
affects both Headline and core 25% by 2025
inflation equally. Which of the statements given
Which of the statements given above is/are correct?
(d) Neither I nor 2
Q223. Consider the following statements:
Q220. With reference to Adjusted Gross 1. An increase in fiscal deficit
Revenue (AGR) of telecom necessarily indicates government is
companies, consider the following resorting to borrowings to meet its
statements: day-to-day expenses.
1. The AGR is used to calculate the 2. A higher revenue deficit is more
contribution of Telecom Operators dangerous than a higher fiscal
to the Universal Service Obligation deficit in the economy
Fund (USOF)
Which of the statements given Q227. With regards to recommendations

above is/are correct? made in economic survey 2019-
(a) 1 only 2020, consider the following
(b) 2 only statements:
(c) Both 1 and 2 1. It has recommended focus on
(d) Neither 1 nor 2 privatization of Public Sector Banks
2. It has recommended getting rid of
Q224. Consider the following statements many government regulations
related to Financial Action task Which of the above statements
Force: is/are correct?
1. It was established by WTO a. 1 only
2. It is specifically established to b. 2only
combat terror financing only. c. Both 1 and 2
Which of the statements given d. Neither 1 nor 2
(a) 1 only Q228. The Union Budget 2020-21
(b) 2 only Provides for which of the following?
(c) Both 1 and 2 1. Setting up Kisan Rail
(d) Neither 1 nor 2 2. Setting up International Bullion
Exchange
Q225. Which of the following International 3. New National Policy on official
Reports are published by Statistics
International Monetary Fund? Select the correct answer using the
1. Global Gender Gap Report code given below:
2. Global Financial Stability Reports (a) 1 and 2 only
3. World Economic Outlook (b) 2 and 3 only
Select the correct answer using the (c) 1 and 3 only
code given below: (d) 1, 2 and 3
(a) 1 and 2 only
(c) 1 and 3 only about ‘The Fiscal Responsibility
(d) 1,2 and 3 and Budget Management
Act,2003’.
Q226. With regard to the word 1. The Central Government Should
THALINOMICS used in economic provide for Fiscal management, and
survey 2019-2020, consider the long-term macro-economic stability
following statements: by removing fiscal impediments.
1. It is based upon the CPI data 2. It allows for deviation from fiscal
2. It has found that absolute prices of deficit target of two and half
a vegetarian Thali have reduced. percent.
Which of the above statements Which of the statements given
is/are correct? above is/are correct?
a. 1 only (a) 1 only
b. 2only (b) 2 only
c. Both 1 and 2 (c) Both 1 and 2
d. Neither 1 nor 2 (d) Neither 1 nor 2
Q230. Which of the following can be said 1. Interest Rate for LTRO is being
to be the Prominent Theme of Union decided based on auctioning.
Budget 2020-21? 2. The maturity period of LTRO is 1
1. Aspirational India year and 3 year.
2. Economic Development Which of the statements given
3. Caring society above is/are correct?
4. Green Environment (a) 1 only
Select the correct answer using the (b) 2 only
code given below; (c) Both 1 and 2
(a) 1,2 and 4 only (d) Neither 1 nor 2
(b) 1,2 and 3 only
(c) 2,3 and 4 only Q234. Consider the following statements
(d) 1,3 and 4 only with respect to GST Compensation
Mechanism:
Q231. Consider the following statements: 1. The GST Compensation cess is
1. Under WTO, countries classify used to compensate the states for
themselves as developing or any loss they incur within the first
developed. five years of GST implementation.
2. Being classified as a developing 2. According to the GST Act, States
country, automatically makes them are guaranteed compensation if the
eligible to get preference from the GST revenue growth is less than 14
developed countries. per cent.
Q232. Which among the following Q235. Which among the following
categories of banks can avail Indicators are being tracked by the
deposit insurance provided by the RBI under the Prompt Corrective
Depositor Insurance and Credit Action (PCA) Framework?
Guarantee Corporation (DICGC)? 1. Capital Adequacy ratio (CAR)
1. Scheduled Commercial Banks 2. Gross NPA
2. Regional Rural Banks 3. Leverage ratio
3. Cooperative Banks. 4. Return on Assets
Select the correct answer using the Select the correct answer using the
code given below:" code given below:
(b) 1 and 2 only (b) 1, 3 and 4 only
(c) 1 and 3 only (c) 1, 2 and 4 only
(d) 1, 2 and 3 (d) 1, 2, 3 and 4
Q233. Consider the following statements Q236. Consider the following statements
about the Long-term Repo related to Kisan Credit Card (KCC)
Operations (LTRO) of RBI: Scheme:
1. Under this scheme, the farmers can registered as Cooperatives under

avail loans only for meeting their the State Cooperative Societies Act.
short- term credit requirements. 2. The NABARD acts as a nodal
2. The scheme covers only the land agency for the promotion of FPOs
owning farmers and excludes the within India.
tenants and sharecroppers. Which of the statements given
Which of the statements given above is/are correct?
(d) Neither 1 nor 2
Q240. Which of the following statements
Q237. Consider the following statements is/are correct about the Appellate
with respect to changes made in Body of WTO?
Pradhan Mantri Fasal Bima Yojana 1. It is composed of 7 members
by the Central Government: appointed for a term of 4 years by
1. Centre has increased share of the dispute settlement body.
premium to be paid by farmers for 2. The dispute settlement body
Rabi, Kharif and Horticulture comprises of all the members of
crops. WTO
2. Centre has decided to cap its share Select the correct answer using the
under the scheme code given below:
3. The changes will increase burden of (a) 1 only
share on states. (b) 2 only
Which of the statements given (c) Both 1 and 2
above is/are correct? (d) Neither 1 nor 2
(a) 2 and 3 only
(c) 2 only with respect to Central Board of
(d) 3 only Directors of RBI.
1. Deputy Governors are fulltime
Q238. Which among the following official directors of the Central
organisations has constituted Board
""PRODUCE Fund"" for the benefit 2. The members of the Central Board
of Farmer Producer Organisations are appointed by the Governor, RBI
(FPOs)? 3. The deputy governors are not
(a) SFAC eligible for re-appointment to the
(b) NABARD Board.
(c) NITI Aayog Which of the above given
(d) National Cooperative Development statement/s is/are correct?
Corporation (NCDC) a. 1 only
b. 2 only
c. 1 and 3 only
related to Farmer producer
d. None of the above
Organisations (FPOs):
1. All the Farmer Producer
Organisations (FPOs) are legally
Answer Key
1 A 41 C 81 A 121 B 161 D 201 B 241 A

2 D 42 B 82 B 122 A 162 C 202 B
3 C 43 C 83 D 123 A 163 D 203 D
4 A 44 B 84 C 124 D 164 D 204 B
5 A 45 D 85 C 125 C 165 C 205 C
6 C 46 B 86 C 126 C 166 C 206 D
7 A 47 C 87 D 127 C 167 A 207 A
8 C 48 B 88 C 128 B 168 B 208 D
9 A 49 B 89 B 129 C 169 C 209 D
10 B 50 A 90 C 130 D 170 B 210 B
11 A 51 D 91 B 131 B 171 D 211 B
12 C 52 B 92 A 132 D 172 C 212 B
13 B 53 B 93 B 133 B 173 B 213 D
14 D 54 B 94 C 134 C 174 A 214 C
15 A 55 A 95 C 135 A 175 D 215 D
16 C 56 C 96 B 136 D 176 D 216 D
17 D 57 D 97 C 137 A 177 C 217 C
18 C 58 A 98 C 138 D 178 D 218 C
19 A 59 C 99 C 139 A 179 D 219 A
20 A 60 A 100 B 140 A 180 D 220 A
21 C 61 C 101 D 141 A 181 A 221 D
22 D 62 C 102 C 142 A 182 A 222 B
23 A 63 D 103 B 143 D 183 C 223 B
24 A 64 A 104 C 144 C 184 C 224 D
25 B 65 A 105 C 145 B 185 B 225 B
26 B 66 A 106 C 146 A 186 B 226 C
27 C 67 C 107 D 147 A 187 C 227 B
28 D 68 D 108 D 148 B 188 D 228 D
29 C 69 D 109 A 149 D 189 C 229 A
30 D 70 B 110 A 150 A 190 D 230 B
31 B 71 A 111 B 151 D 191 B 231 A
32 C 72 A 112 D 152 A 192 C 232 D
33 A 73 A 113 A 153 B 193 A 233 B
34 B 74 C 114 A 154 D 194 D 234 C
35 C 75 C 115 A 155 D 195 B 235 B
36 D 76 C 116 C 156 C 196 C 236 D
37 C 77 B 117 C 157 B 197 B 237 A
38 A 78 A 118 C 158 A 198 A 238 B
39 C 79 A 119 D 159 D 199 C 239 D
40 B 80 D 120 C 160 C 200 C 240 C

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1. The UDAY scheme is under the 2. Change in GDP estimation from

1. It refers to percentage change in Q23. Which of the statement correctly

(d) Neither 1 nor 2 (a) 1 only

Q34. Consider the following statements and National Statistical

(d) 1, 2, 3, 4 and 5 Which of the statements given

(c) Both 1 and 2 Q49. Consider the following statements:

3. It is a recommendation to buy, sell 1. The Public Procurement Policy

(a) 1 only 3. Increases in the GST compliance by

1. They can accept demand deposits 1. Depositors money cannot be used

Q77. Which of the following has lowest (d) Neither 1 nor 2

(b) 2 only (a) 1 only

(c) Integrated GST Q109. What does the P.J Nayak

(b) 2 and 3 only (d) Neither 1 nor 2

(d) 1, 2 and 3 1. Under the Ethanol blending

Q137. Which among the following was the (b) 2 only

3. China 2. Cash grant in aid from foreign

FPI may be accompanied only by 1. The MGNREGA Wages are notified

2. Wind (b) Relationship between GDP growth

(b) 2 only (a) World intellectual property

(d) Neither 1 nor 2 2. It replaced Jawaharlal Nehru

Q178. Which among the following Which of the statements given

2. Life expectancy (c) 1 and 2 only

Q190. Consider the following statements: (b) 2 only

2. Import becomes expensive both controlling Inflation and

Which of the statements given Q207. Consider the following statements

(a) Development of MSMEs 2. The Supreme Court has recently

Which of the statements given Q227. With regards to recommendations

1. Under this scheme, the farmers can registered as Cooperatives under

1 A 41 C 81 A 121 B 161 D 201 B 241 A

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