UPSC Prelims Paper -1 Previous/Model Question’s on Economics

Previous & Model Questions on Economics

UPSC Prelims Paper-1 Previous and Model Questions on Economics

2012 The Endeavour of “Janani Suraksha Yojana Programme” is: 1.) To promote deliveries institutionally 2.) To provide monetary assistance to the mother to meet the cost of delivery 3.) To provide for wage loss due to pregnancy and confinement Which of the statements given above are correct? 1.) 1 and 2 only 2.) 2 only 3.) 3 only 4.) 1, 2 and 3

Correct Answer: 1

Consider the following 1.) Hotels and Restaurants 2.) Motor Transport undertakings 3.) Newspaper establishments 4.) Private medical institutions The employees of which of the above can have the Social Security coverage under Employment State Insurance scheme? 1.) 1, 2 and 3 2.) 4 only 3.) 1, 3 and 4 only 4.) 1, 2, 3, and 4

Correct Answer: 1

How do the District Rural Development agencies (DRDA’s) help in the reduction of rural poverty in India? 1.) DRDA’s act as Panchayat Raj institutions in certain specified backward regions of the country 2.) DRDAs undertake area- specific scientific study of the causes of poverty and malnutrition and prepare detailed remedial measures 3.) DRDA secure Inter Sectoral and Inter-departmental coordination and cooperation for the effective implementation of anti-poverty programmes 4.) DRDA’s watch over and ensure effective utilization of the funds intended for anti-poverty programmes Which of the statements given above is/are correct? 1.) 1, 2 and 3 only 2.) 3 and 4 only 3.) 4 only 4.) 1, 2, 3, and 4

Correct Answer: 2

2011 India has experience persistent and high food Inflation in the recent past. What could be the reasons? 1.)  Due to a gradual switch over to the cultivation of commercial crops, the area under the cultivation of food grains has steadily decreased in the last five years by about 30% 2.)   As a consequence of increasing incomes, the consumption patterns of the people have undergone a significant change 3.)  The food Supply chain has structural constraints Which of the following statements are correct? 1.) 1 and 2 only 2.) 2 and 3 only 3.) 1 and 3 only 4.) 1, 2 and 3

Correct Answer: 1

In terms of economy, the visit by foreign nationals to witness the XIX Common Wealth Games in India amounted to 1.) Export 2.) Import 3.) Production 4.) Consumption

Correct Answer: 1

Consider the following actions which the government can take: 1.) Devaluing the domestic currency 2.) Reduction in the export subsidy 3.) Adopting suitable policies which attract greater FDI and More Funds from FIIs Which of the above action/actions can help in reducing the current account deficit? 1.) 1 and 2 2.) 2 and 3 3.) 3 only 4.) 1 and 3

Correct answer: 4

2010 In the context of the affairs of which of the following is the phrase “Special safeguard Mechanisms” mentioned in the News frequently? 1.) United Nations Environment Programme 2.) World Trade Organization 3.) ASEAN- Indian Free Trade Agreement 4.) G-20 Summits

Correct Answer: 2

Which of the following terms indicates a mechanism used by commercial banks for providing credits to the government? 1.) Cash Credit Ratio 2.) Debt Service Obligation 3.) Liquidity Adjustment Facility 4.) Statutory Liquidity Ratio

Correct Answer: 4

With reference to the Non-Banking Financial Companies (NBFCs) in India, consider the following Statements: 1.) They cannot engage in the acquisition of securities issued by the government. 2.) They cannot accept demand deposits like Savings account. Which of the statements given above are correct? 1.) 1 only 2.) 2 only 3.) Both 1 and 2 4.) Neither 1 nor 2

Correct Answer: 4