UPSC 2012 › Indian Economy
16 questions · 2012 · answers as per the UPSC key
How does the National Rural Livelihood Mission seek to improve livelihood options of rural poor?
- By setting up a large number of new manufacturing industries and agribusiness centres in rural areas
- By strengthening 'self-help groups' and providing skill development
- By supplying seeds, fertilizers, diesel pump-sets and micro-irrigation equipment free of cost to farmers
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The Multi-dimensional Poverty Index developed by Oxford Poverty and Human Development Initiative with UNDP support covers which of the following?
- Deprivation of education, health, assets and services at household level
- Purchasing power parity at national level
- Extent of budget deficit and GDP growth rate at national level
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Which of the following is/are among the noticeable features of the recommendations of the Thirteenth Finance Commission?
- A design for the Goods and Services Tax, and a compensation package linked to adherence to the proposed design
- A design for the creation of lakhs of jobs in the next ten years in consonance with India's demographic dividend
- Devolution of a specified share of central taxes to local bodies as grants
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What is/are the recent policy initiative(s) of Government of India to promote the growth of manufacturing sector?
- Setting up of National Investment and Manufacturing Zones
- Providing the benefit of 'single window clearance'
- Establishing the Technology Acquisition and Development Fund
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Consider the following specific stages of demographic transition associated with economic development :
- Low birthrate with low death rate
- High birthrate with high death rate
- High birthrate with low death rate
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In India, in the overall Index of Industrial Production, the Indices of Eight Core Industries have a combined weight of 37·90%. Which of the following are among those Eight Core Industries?
- Cement
- Fertilizers
- Natural gas
- Refinery products
- Textiles
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The endeavour of 'Janani Suraksha Yojana' Programme is
- to promote institutional deliveries
- to provide monetary assistance to the mother to meet the cost of delivery
- to provide for wage loss due to pregnancy and confinement
Which of the statements given above is/are correct?
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Consider the following :
- Hotels and restaurants
- Motor transport undertakings
- Newspaper establishments
- Private medical institutions The employees of which of the above can have the 'Social Security' coverage under Employees' State Insurance Scheme?
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How do District Rural Development Agencies (DRDAs) help in the reduction of rural poverty in India?
- DRDAs act as Panchayati Raj Institutions in certain specified backward regions of the country.
- DRDAs undertake area-specific scientific study of the causes of poverty and malnutrition and prepare detailed remedial measures.
- DRDAs secure inter-sectoral and inter-departmental coordination and cooperation for effective implementation of anti-poverty programmes.
- DRDAs watch over and ensure effective utilization of the funds intended for anti-poverty programmes.
Which of the statements given above is/are correct?
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The Reserve Bank of India (RBI) acts as a bankers' bank. This would imply which of the following?
- Other banks retain their deposits with the RBI.
- The RBI lends funds to the commercial banks in times of need.
- The RBI advises the commercial banks on monetary matters.
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Under which of the following circumstances may 'capital gains' arise?
- When there is an increase in the sales of a product
- When there is a natural increase in the value of the property owned
- When you purchase a painting and there is a growth in its value due to increase in its popularity
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Which of the following measures would result in an increase in the money supply in the economy?
- Purchase of government securities from the public by the Central Bank
- Deposit of currency in commercial banks by the public
- Borrowing by the government from the Central Bank
- Sale of government securities to the public by the Central Bank
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Which of the following would include Foreign Direct Investment in India?
- Subsidiaries of foreign companies in India
- Majority foreign equity holding in Indian companies
- Companies exclusively financed by foreign companies
- Portfolio investment
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Consider the following statements : The price of any currency in international market is decided by the
- World Bank
- demand for goods/services provided by the country concerned
- stability of the government of the concerned country
- economic potential of the country in question
Which of the statements given above are correct?
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The basic aim of Lead Bank Scheme is that
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Despite having large reserves of coal, why does India import millions of tonnes of coal?
- It is the policy of India to save its own coal reserves for future, and import it from other countries for the present use.
- Most of the power plants in India are coal-based and they are not able to get sufficient supplies of coal from within the country.
- Steel companies need large quantity of coking coal which has to be imported.
Which of the statements given above is/are correct?