UPSC 2022 › Indian Economy
17 questions · 2022 · answers as per the UPSC key
“Rapid Financing Instrument” and “Rapid Credit Facility” are related to the provisions of lending by which one of the following ?
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With reference to the Indian economy, consider the following statements :
- An increase in Nominal Effective Exchange Rate (NEER) indicates the appreciation of rupee.
- An increase in the Real Effective Exchange Rate (REER) indicates an improvement in trade competitiveness.
- 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 ?
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With reference to the Indian economy, consider the following statements :
- If the inflation is too high, Reserve Bank of India (RBI) is likely to buy government securities.
- If the rupee is rapidly depreciating, RBI is likely to sell dollars in the market.
- 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 ?
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With reference to the Indian economy, what are the advantages of “Inflation-Indexed Bonds (IIBs)” ?
- Government can reduce the coupon rates on its borrowing by way of IIBs.
- IIBs provide protection to the investors from uncertainty regarding inflation.
- The interest received as well as capital gains on IIBs are not taxable.
Which of the statements given above are correct ?
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With reference to foreign-owned e-commerce firms operating in India, which of the following statements is/are correct ?
- They can sell their own goods in addition to offering their platforms as market-places.
- The degree to which they can own big sellers on their platforms is limited.
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Which of the following activities constitute real sector in the economy ?
- Farmers harvesting their crops
- Textile mills converting raw cotton into fabrics
- A commercial bank lending money to a trading company
- A corporate body issuing Rupee Denominated Bonds overseas
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Which one of the following situations best reflects “Indirect Transfers” often talked about in media recently with reference to India ?
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With reference to the expenditure made by an organisation or a company, which of the following statements is/are correct ?
- Acquiring new technology is capital expenditure.
- Debt financing is considered capital expenditure, while equity financing is considered revenue expenditure.
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With reference to the Indian economy, consider the following statements :
- A share of the household financial savings goes towards government borrowings.
- Dated securities issued at market-related rates in auctions form a large component of internal debt.
Which of the above statements is/are correct ?
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Consider the following statements :
- Tight monetary policy of US Federal Reserve could lead to capital flight.
- Capital flight may increase the interest cost of firms with existing External Commercial Borrowings (ECBs).
- Devaluation of domestic currency decreases the currency risk associated with ECBs.
Which of the statements given above are correct ?
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Consider the following statements :
- In India, credit rating agencies are regulated by Reserve Bank of India.
- The rating agency popularly known as ICRA is a public limited company.
- Brickwork Ratings is an Indian credit rating agency.
Which of the statements given above are correct ?
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With reference to the 'Banks Board Bureau (BBB)', which of the following statements are correct ?
- The Governor of RBI is the Chairman of BBB.
- BBB recommends for the selection of heads for Public Sector Banks.
- BBB helps the Public Sector Banks in developing strategies and capital raising plans.
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With reference to Convertible Bonds, consider the following statements :
- As there is an option to exchange the bond for equity, Convertible Bonds pay a lower rate of interest.
- The option to convert to equity affords the bondholder a degree of indexation to rising consumer prices.
Which of the statements given above is/are correct ?
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In India, which one of the following is responsible for maintaining price stability by controlling inflation ?
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In India, which one of the following compiles information on industrial disputes, closures, retrenchments and lay-offs in factories employing workers ?
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In India, what is the role of the Coal Controller's Organization (CCO) ?
- CCO is the major source of Coal Statistics in Government of India.
- It monitors progress of development of Captive Coal/Lignite blocks.
- It hears any objection to the Government's notification relating to acquisition of coal-bearing areas.
- It ensures that coal mining companies deliver the coal to end users in the prescribed time.
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With reference to the “Tea Board” in India, consider the following statements :
- The Tea Board is a statutory body.
- It is a regulatory body attached to the Ministry of Agriculture and Farmers Welfare.
- The Tea Board's Head Office is situated in Bengaluru.
- The Board has overseas offices at Dubai and Moscow.
Which of the statements given above are correct ?