UPSC 2005 › Indian Economy

16 questions · 2005 · answers as per the UPSC key

Take test Free
Topics: Infrastructure & Industry (7)Agriculture & Rural Development (2)Human Development, Poverty & Employment Schemes (2)Banking & Financial Sector (1)External Sector & Balance Of Payments (1)Financial Markets & Capital Markets (1)International Institutions & Reports (1)International Trade & WTO (1)
UPSC 2005 · Q15 · Indian Economy › External Sector & Balance Of Payments · Save

Consider the following statements :

  1. During the year 2004, India’s foreign exchange reserves did not exceed the 125 billion U.S. Dollar mark
  2. The series of index numbers of wholesale prices introduced from April, 2000 has the year 1993-94 as base year.

Which of the statements given above is/are correct?

(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Show answer
Answer: (b) 2 only
UPSC 2005 · Q29 · Indian Economy › Agriculture & Rural Development · Save

Consider the following statements :

  1. India is the only country in the world producing all the five known commercial varieties of silk.
  2. India is the largest producer of sugar in the world.

Which of the statements given above is/are correct?

(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Show answer
Answer: (a) 1 only
UPSC 2005 · Q33 · Indian Economy › Agriculture & Rural Development · Save

Which one of the following companies has started a rural marketing network called ‘e-chaupals’?

(a) ITC
(b) Dabur
(c) Proctor and Gamble
(d) Hindustan Lever
Show answer
Answer: (a) ITC
UPSC 2005 · Q34 · Indian Economy › Infrastructure & Industry · Save

Which one of the following statements is NOT correct?

(a) Rourkela Steel Plant, the first integrated steel plant in the Public Sector of India was set up with the Soviet Union collaboration
(b) Salem Steel Plant is a premier producer of stainless steel in India.
(c) Maharashtra Elektrosmelt Ltd. is a subsidiary of the Steel Authority of India Ltd.
(d) Visakhapatnam Steel Plant is a unit of the Rashtriya Ispat Nigam Ltd.
Show answer
Answer: (a) Rourkela Steel Plant, the first integrated steel plant in the Public Sector of India was set up with the Soviet Union collaboration
UPSC 2005 · Q35 · Indian Economy › Infrastructure & Industry · Save

Match items in the List-I with List-II and select the correct answer using the codes given below the lists:

  1. Bharat Heavy Electricals Limited
  2. Air India
  3. Maruti Udyog Limited
  4. Bharat Earth Movers Limited
  5. Indian Space Research Organization

List I (Person) (A) V.R.S. Natrajan (B) A.K. Puri (C) V. Thulasidas (D) Jogdish Khattar

List II (Organization)

(a) A 2 B 3 C 5 D 1
(b) A 4 B 1 C 2 D 3
(c) A 2 B 1 C 5 D 3
(d) A 4 B 3 C 2 D 1
Show answer
Answer: (b) A 4 B 1 C 2 D 3
UPSC 2005 · Q38 · Indian Economy › Infrastructure & Industry · Save

Which one of the following airports in India is the first to be owned by a public limited company?

(a) Dabolim Airport, Goa
(b) Cochin airport
(c) Hyderabad airport
(d) Bangalore airport
Show answer
Answer: (b) Cochin airport
UPSC 2005 · Q72 · Indian Economy › International Institutions & Reports · Save

Consider the following statements :

  1. Poverty Reduction and Growth Facility (PRGF) has been established by the International Development Association (IDA) to provide further assistance to low-income countries facing high level of indebtedness.
  2. Singapore Regional Training Institute (STI) is one of the institutes that provide training in macroeconomics analysis and policy, and related subjects as a part of programme of the IMF Institute.

Which of the statements given above is/are correct?

(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Show answer
Answer: (b) 2 only
UPSC 2005 · Q73 · Indian Economy › Financial Markets & Capital Markets · Save

Consider the following statements :

  1. Sensex is based on 50 of the most important stocks available on the Bombay Stock Exchange (BSE)
  2. For calculating the Sensex, all the Sensex stocks are assigned proportional weightage.
  3. New York Stock Exchange is the oldest stock exchange in the world.

Which of the statements given above is/are correct?

(a) 2 only
(b) 1 and 3
(c) 2 and 3
(d) None
Show answer
Answer: (a) 2 only
UPSC 2005 · Q91 · Indian Economy › Infrastructure & Industry · Save

Consider the following statements :

  1. Liquefied Natural Gas (LNG) is liquefied under extremely cold temperatures and high pressure to facilitate storage or transportation in specially designed vessels.
  2. First LNG terminal in India was built in Hassan.
  3. Natural Gas Liquids (NGL) are separated from LPG and these include ethane, propane, butane and natural gasoline.

Which of the statements given above is/are correct?

(a) 1 only
(b) 1 and 3
(c) 2 and 3
(d) 1, 2 and 3
Show answer
Answer: (b) 1 and 3
UPSC 2005 · Q113 · Indian Economy › International Trade & WTO · Save

For which one of the following items is Tirupur well-known as a huge exporter to many parts of the world?

(a) Gems and Jewellery
(b) Leather goods
(c) Knitted garments
(d) Handicrafts
Show answer
Answer: (c) Knitted garments
UPSC 2005 · Q114 · Indian Economy › Infrastructure & Industry · Save

Which one of the following pairs is NOT correctly matched? Project — Company

(a) Integrated Steel Plant at Jaipur (Orissa) — Steel Authority of India
(b) Power Plant at Jamnagar (Gujarat) — Essar Power
(c) Nabinagar Power Plant (Bihar) — Indian Railways
(d) Kayamkulam Power Plant (Kerala) — National Thermal Power Corporation
Show answer
Answer: (a) Integrated Steel Plant at Jaipur (Orissa) — Steel Authority of India
UPSC 2005 · Q133 · Indian Economy › Infrastructure & Industry · Save

Who among the following is not a member of the Investment Commission formed in December, 2004?

(a) Ratan Tata
(b) Deepak Parekh
(c) Ashok Ganguly
(d) Kumaramangalam Birla
Show answer
Answer: (d) Kumaramangalam Birla
UPSC 2005 · Q140 · Indian Economy › Banking & Financial Sector · Save

Consider the following statements:

  1. Global Trust Bank has been amalgamated with the Punjab National Bank.
  2. The second report of the Kelkar Committee dealing with direct and indirect taxes has maintained its original recommendations, including the abolition of exemptions relating to housing loans.

Which of the statements given above is/are correct?

(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Show answer
Answer: (d) Neither 1 nor 2
UPSC 2005 · Q141 · Indian Economy › Human Development, Poverty & Employment Schemes · Save

Which one of the following are the correct statements on the basis of Census-2001?

(a) Bihar has the highest percentage of the Scheduled Castes of its population.
(b) The decadal growth of population of India (1991-2001) has been below 20 %.
(c) Mizoram is the Indian State with the least population.
(d) Pondicherry has the highest sex ratio among the Union Territories.
Show answer
Answer: (d) Pondicherry has the highest sex ratio among the Union Territories.
UPSC 2005 · Q143 · Indian Economy › Human Development, Poverty & Employment Schemes · Save

Consider the following statements:

  1. India is the second country in the world to adopt a National Family Planning Programme.
  2. The National Population Policy of India, 2000 seeks to achieve replacement level of fertility by 2010 with a population of 111 crores.
  3. Kerala is the first State in India to achieve replacement level of fertility.

Which of the statements given above is/are correct?

(a) 1 only
(b) 1 and 2
(c) 2 and 3
(d) 1, 2 and 3
Show answer
Answer: (c) 2 and 3
UPSC 2005 · Q149 · Indian Economy › Infrastructure & Industry · Save

Consider the following statements:

  1. The number of post offices in India is in excess of 1.5 lakhs.
  2. Bharat Sanchar Nigam Limited (BSNL) was formed in the year 1997.
  3. The Telecom Regulatory Authority of India (TRAI) was established in the year 2000.

Which of the statements given above is/are correct?

(a) 1 and 3
(b) 1 and 2
(c) 1 only
(d) 3 only
Show answer
Answer: (c) 1 only