UPSC 2008 › Indian Economy

14 questions · 2008 · answers as per the UPSC key

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Topics: Infrastructure & Industry (4)Agriculture & Rural Development (3)Human Development, Poverty & Employment Schemes (3)International Institutions & Reports (2)Financial Markets & Capital Markets (1)National Income & Economic Growth (1)

Which of the following pairs about India's economic indicator and agricultural production (all in rounded figures) are correctly matched?

  1. GDP per capita (current prices) : Rs 37,000
  2. Rice : 180 million tons
  3. Wheat : 75 million tons

Select the correct answer using the code given below :

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

In August 2006, the Government of India notified the Rural Electrification Policy. This policy aims at provision of access to all households by which year?

(a) 2008
(b) 2009
(c) 2010
(d) 2012
Show answer
Answer: (b) 2009

As per India's National Population Policy, 2000,

by which one of the following years is it our long-term objective to achieve population stabilization?

(a) 2025
(b) 2035
(c) 2045
(d) 2055
Show answer
Answer: (c) 2045

Consider the following statements with reference to Indira Gandhi National Old Age Pension Scheme (IGNOAPS):

  1. All persons of 60 years or above belonging to the households below poverty line in rural areas are eligible.
  2. The Central Assistance under this Scheme is at the rate of Rs 300 per month per beneficiary. Under the Scheme, States have been urged to give matching amounts.

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

What is the name of the scheme which provides training and skills to women in traditional and non-traditional trades?

(a) Kishori Shakti Yojna
(b) Rashtriya Mahila Kosh
(c) Swayamsiddha
(d) Swalamban
Show answer
Answer: (d) Swalamban

Which one amongst the following has the largest livestock population in the world?

(a) Brazil
(b) China
(c) India
(d) USA
Show answer
Answer: (c) India

Which of the following pairs in respect of current power generation in India is/are correctly matched? (Rounded Figure)

  1. Installed electricity generation capacity : 100000 MW
  2. Electricity generation : 660 billion kWh

Select the correct answer using the code given below:

(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Show answer
Answer: (b) 2 only
This question uses a table or figure from the original paper that is not reproduced here.

The term “Prisoner’s Dilemma” is associated with which one of the following?

(a) A technique in glass manufacture
(b) A term used in shipping industry
(c) A situation under the Game Theory
(d) Name of a supercomputer
Show answer
Answer: (c) A situation under the Game Theory

India is a member of which of the following?

  1. Asian Development Bank
  2. Asia-Pacific Economic Cooperation
  3. Colombo Plan
  4. Organization for Economic Cooperation and Development (OECD)

Select the correct answer using the code given below:

(a) 1 and 3 only
(b) 2 and 4 only
(c) 1, 2 and 3 only
(d) 1, 2, 3 and 4
Show answer
Answer: (a) 1 and 3 only

Which of the following are the public sector undertakings of the Government of India?

  1. Balmer Lawrie and Company Ltd.
  2. Dredging Corporation of India
  3. Educational Consultants of India Ltd.

Select the correct answer using the code given below:

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

How is the United Nations Monetary and Financial Conference wherein the agreements were signed to set up IBRD, GATT and IMF, commonly known?

(a) Bandung Conference
(b) Bretton Woods Conference
(c) Versailles Conference
(d) Yalta Conference
Show answer
Answer: (b) Bretton Woods Conference

How much is one barrel of oil approximately equal to?

(a) 131 litres
(b) 159 litres
(c) 257 litres
(d) 321 litres
Show answer
Answer: (b) 159 litres

What does S & P 500 relate to?

(a) Supercomputer
(b) A new technique in e-business
(c) A new technique in bridge building
(d) An index of stocks of large companies
Show answer
Answer: (d) An index of stocks of large companies

Match List-I with List-II and select the correct answer using the code given below the Lists:

  1. Bengaluru
  2. Guntur
  3. Kottayam
  4. Kolkata

List-I (Board) A. Coffee Board B. Rubber Board C. Tea Board D. Tobacco Board

List-II (Headquarters)

Code:

(a) A-2 B-4 C-3 D-1
(b) A-1 B-3 C-4 D-2
(c) A-2 B-3 C-4 D-1
(d) A-1 B-4 C-3 D-2
Show answer
Answer: (b) A-1 B-3 C-4 D-2