Indian Economy

Consider the following statements : Statement-I : Syndicated lending spreads the risk of borrower default across multiple lenders. Statement-II : The syndicated loan can be a fixed amount/lump sum of funds, but cannot be a credit line. Which one of the following is correct in respect of the above statements ?

1. (a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-I
2. (b)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-I
3. (c)Statement-I is correct, but Statement-II is incorrect
4. (d)Statement-I is incorrect, but Statement-II is correct

No answer is recorded for this question: cancelled by UPSC — marks awarded to all candidates

Consider the following statements in respect of the digital rupee : 1. It is a sovereign currency issued by the Reserve Bank of India (RBI) in alignment with its monetary policy. 2. It appears as a liability on the RBI's balance sheet. 3. It is insured against inflation by its very design. 4. It is freely convertible against commercial bank money and cash. Which of the statements given above are correct ?

1. (a)1 and 2 only
2. (b)1 and 3 only
3. (c)2 and 4 only
4. (d)1, 2 and 4

Consider the following statements : 1. India is a member of the International Grains Council. 2. A country needs to be a member of the International Grains Council for exporting or importing rice and wheat. Which of the statements given above is/are correct ?

1. (a)1 only
2. (b)2 only
3. (c)Both 1 and 2
4. (d)Neither 1 nor 2

With reference to the Digital India Land Records Modernisation Programme, consider the following statements : 1. To implement the scheme, the Central Government provides 100% funding. 2. Under the Scheme, Cadastral Maps are digitised. 3. An initiative has been undertaken to transliterate the Records of Rights from local language to any of the languages recognized by the Constitution of India. Which of the statements given above are correct ?

1. (a)1 and 2 only
2. (b)2 and 3 only
3. (c)1 and 3 only
4. (d)1, 2 and 3

With reference to the Pradhan Mantri Shram Yogi Maan-dhan (PM-SYM) Yojana, consider the following statements : 1. The entry age group for enrolment in the scheme is 21 to 40 years. 2. Age specific contribution shall be made by the beneficiary. 3. Each subscriber under the scheme shall receive a minimum pension of ₹ 3,000 per month after attaining the age of 60 years. 4. Family pension is applicable to the spouse and unmarried daughters. Which of the statements given above is/are correct ?

1. (a)1, 3 and 4
2. (b)2 and 3 only
3. (c)2 only
4. (d)1, 2 and 4

Consider the following statements : 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. 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?

1. (a)Both Statement–I and Statement–II are correct and Statement–II is the correct explanation for Statement–I
2. (b)Both Statement–I and Statement–II are correct and Statement–II is not the correct explanation for Statement–I
3. (c)Statement–I is correct but Statement–II is incorrect
4. (d)Statement–I is incorrect but Statement–II is correct

Consider the following statements : Statement–I : In the post-pandemic recent past, many Central Banks worldwide had carried out interest rate hikes. 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?

1. (a)Both Statement–I and Statement–II are correct and Statement–II is the correct explanation for Statement–I
2. (b)Both Statement–I and Statement–II are correct and Statement–II is not the correct explanation for Statement–I
3. (c)Statement–I is correct but Statement–II is incorrect
4. (d)Statement–I is incorrect but Statement–II is correct

Which one of the following activities of the Reserve Bank of India is considered to be part of 'sterilization'?

1. (a)Conducting 'Open Market Operations'
2. (b)Oversight of settlement and payment systems
3. (c)Debt and cash management for the Central and State Governments
4. (d)Regulating the functions of Non-banking Financial Institutions

Consider the following markets : 1. Government Bond Market 2. Call Money Market 3. Treasury Bill Market 4. Stock Market How many of the above are included in capital markets?

1. (a)Only one
2. (b)Only two
3. (c)Only three
4. (d)All four

Which one of the following best describes the concept of 'Small Farmer Large Field'?

1. (a)Resettlement of a large number of people, uprooted from their countries due to war, by giving them a large cultivable land which they cultivate collectively and share the produce
2. (b)Many marginal farmers in an area organize themselves into groups and synchronize and harmonize selected agricultural operations
3. (c)Many marginal farmers in an area together make a contract with a corporate body and surrender their land to the corporate body for a fixed term for which the corporate body makes a payment of agreed amount to the farmers
4. (d)A company extends loans, technical knowledge and material inputs to a number of small farmers in an area so that they produce the agricultural commodity required by the company for its manufacturing process and commercial production

Consider the following statements : 1. The Government of India provides Minimum Support Price for niger (Guizotia abyssinica) seeds. 2. Niger is cultivated as a Kharif crop. 3. Some tribal people in India use niger seed oil for cooking. How many of the above statements are correct?

1. (a)Only one
2. (b)Only two
3. (c)All three
4. (d)None

Consider the investments in the following assets : 1. Brand recognition 2. Inventory 3. Intellectual property 4. Mailing list of clients How many of the above are considered intangible investments?

1. (a)Only one
2. (b)Only two
3. (c)Only three
4. (d)All four

Consider the following : 1. Demographic performance 2. Forest and ecology 3. Governance reforms 4. Stable government 5. Tax and fiscal efforts For the horizontal tax devolution, the Fifteenth Finance Commission used how many of the above as criteria other than population area and income distance?

1. (a)Only two
2. (b)Only three
3. (c)Only four
4. (d)All five

Consider the following statements in relation to Janani Suraksha Yojana : 1. It is a safe motherhood intervention of the State Health Departments. 2. Its objective is to reduce maternal and neonatal mortality among poor pregnant women. 3. It aims to promote institutional delivery among poor pregnant women. 4. Its objective includes providing public health facilities to sick infants up to one year of age. How many of the statements given above are correct?

1. (a)Only one
2. (b)Only two
3. (c)Only three
4. (d)All four

Consider the following statements in the context of interventions being undertaken under Anaemia Mukt Bharat Strategy : 1. It provides prophylactic calcium supplementation for pre-school children, adolescents and pregnant women. 2. It runs a campaign for delayed cord clamping at the time of child-birth. 3. It provides for periodic deworming to children and adolescents. 4. It addresses non-nutritional causes of anaemia in endemic pockets with special focus on malaria, hemoglobinopathies and fluorosis. How many of the statements given above are correct?

1. (a)Only one
2. (b)Only two
3. (c)Only three
4. (d)All four

Consider the following statements with reference to India : 1. According to the ‘Micro, Small and Medium Enterprises Development (MSMED) Act, 2006’, the ‘medium enterprises’ are those with investments in plant and machinery between ₹15 crore and ₹25 crore. 2. All bank loans to the Micro, Small and Medium Enterprises qualify under the priority sector. Which of the statements given above is/are correct?

1. (a)1 only
2. (b)2 only
3. (c)Both 1 and 2
4. (d)Neither 1 nor 2

With reference to Central Bank digital currencies, consider the following statements : 1. It is possible to make payments in a digital currency without using US dollar or SWIFT system. 2. A digital currency can be distributed with a condition programmed into it such as a time-frame for spending it. Which of the statements given above is/are correct?

1. (a)1 only
2. (b)2 only
3. (c)Both 1 and 2
4. (d)Neither 1 nor 2

In the context of finance, the term ‘beta’ refers to

1. (a)the process of simultaneous buying and selling of an asset from different platforms
2. (b)an investment strategy of a portfolio manager to balance risk versus reward
3. (c)a type of systemic risk that arises where perfect hedging is not possible
4. (d)a numeric value that measures the fluctuations of a stock to changes in the overall stock market

Consider the following statements : 1. The Self-Help Group (SHG) programme was originally initiated by the State Bank of India by providing microcredit to the financially deprived. 2. In an SHG, all members of a group take responsibility for a loan that an individual member takes. 3. The Regional Rural Banks and Scheduled Commercial Banks support SHGs. How many of the above statements are correct?

1. (a)Only one
2. (b)Only two
3. (c)All three
4. (d)None

Consider the following statements : Statement–I : India’s public sector health care system largely focuses on curative care with limited preventive, promotive and rehabilitative care. Statement–II : Under India’s decentralized approach to health care delivery, the States are primarily responsible for organizing health services. Which one of the following is correct in respect of the above statements?

1. (a)Both Statement–I and Statement–II are correct and Statement–II is the correct explanation for Statement–I
2. (b)Both Statement–I and Statement–II are correct and Statement–II is not the correct explanation for Statement–I
3. (c)Statement–I is correct but Statement–II is incorrect
4. (d)Statement–I is incorrect but Statement–II is correct

Consider the following statements : Statement–I : India accounts for 3·2% of global export of goods. Statement–II : Many local companies and some foreign companies operating in India have taken advantage of India's 'Production-linked Incentive' scheme. Which one of the following is correct in respect of the above statements?

1. (a)Both Statement–I and Statement–II are correct and Statement–II is the correct explanation for Statement–I
2. (b)Both Statement–I and Statement–II are correct and Statement–II is not the correct explanation for Statement–I
3. (c)Statement–I is correct but Statement–II is incorrect
4. (d)Statement–I is incorrect but Statement–II is correct

Consider the following statements : The 'Stability and Growth Pact' of the European Union is a treaty that 1. limits the levels of the budgetary deficit of the countries of the European Union 2. makes the countries of the European Union to share their infrastructure facilities 3. enables the countries of the European Union to share their technologies How many of the above statements are correct?

1. (a)Only one
2. (b)Only two
3. (c)All three
4. (d)None

“Rapid Financing Instrument” and “Rapid Credit Facility” are related to the provisions of lending by which one of the following ?

1. (a)Asian Development Bank
2. (b)International Monetary Fund
3. (c)United Nations Environment Programme Finance Initiative
4. (d)World Bank

With reference to the Indian economy, consider the following statements : 1. An increase in Nominal Effective Exchange Rate (NEER) indicates the appreciation of rupee. 2. An increase in the Real Effective Exchange Rate (REER) indicates an improvement in trade competitiveness. 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 ?

1. (a)1 and 2 only
2. (b)2 and 3 only
3. (c)1 and 3 only
4. (d)1, 2 and 3

With reference to the Indian economy, consider the following statements : 1. If the inflation is too high, Reserve Bank of India (RBI) is likely to buy government securities. 2. If the rupee is rapidly depreciating, RBI is likely to sell dollars in the market. 3. If interest rates in the USA or European Union were to fall, that is likely to induce RBI to buy dollars. Which of the statements given above are correct ?

1. (a)1 and 2 only
2. (b)2 and 3 only
3. (c)1 and 3 only
4. (d)1, 2 and 3