CivilsIASPrep.comUPSC PYQs: Economy
Review complete published questions grouped by subject: Economy.
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Questions
- What do you mean by Digital Rupee? In this context, explain the working and progress of India's Central Bank Digital Currency (CBDC).2026 · Mains GS3 · Economy · Digital Rupee and CBDC
- Examine the view that financial inclusion is an integral part of social and economic inclusion in a country like India. Also throw light on the usefulness of the R.B.I.'s Financial Inclusion Index.2026 · Mains GS3 · Economy · Financial Inclusion and RBI FI-Index
- Explain the key challenges for India's energy security. What measures do you suggest for ensuring energy security along with economic growth and sustainability?2026 · Mains GS3 · Economy · Energy Security and Sustainable Growth
- How are startups in India promoting entrepreneurship, innovation and employment? Discuss the global and domestic challenges in their working and suggest suitable measures to overcome these challenges.2026 · Mains GS3 · Economy · Startups, Innovation and Employment
- Distinguish between the Human Development Index (HDI) and Inequality-adjusted Human Development Index (IHDI) with special reference to India. Why is the IHDI considered a better indicator of inclusive growth?2025 · Mains GS3 · Economy · Human Development Index
- What are the challenges before the Indian economy when the world is moving away from free trade and multilateralism to protectionism and bilateralism? How can these challenges be met?2025 · Mains GS3 · Economy · Protectionism and Bilateralism
- Explain how the Fiscal Health Index (FHI) can be used as a tool for assessing the fiscal performance of states in India. In what way would it encourage the states to adopt prudent and sustainable fiscal policies?2025 · Mains GS3 · Economy · Fiscal Health Index
- Discuss the rationale of the Production Linked Incentive (PLI) scheme. What are its achievements? In what way can the functioning and outcomes of the scheme be improved?2025 · Mains GS3 · Economy · Production Linked Incentive Scheme
- Examine post-reform public expenditure on social services in India and its consonance with inclusive growth.2024 · Mains GS3 · Economy · Public Expenditure
- What causes persistent high food inflation in India? Comment on RBI monetary policy for controlling such inflation.2024 · Mains GS3 · Economy · Food Inflation
- Discuss merits and demerits of the four labour codes and progress in labour-market reform.2024 · Mains GS3 · Economy · Labour Codes
- Why is regional air connectivity needed? Discuss the UDAN scheme and its achievements.2024 · Mains GS3 · Economy · UDAN Scheme
- Faster economic growth requires a higher manufacturing share in GDP, especially MSMEs. Comment on current government policies.2023 · Mains GS3 · Economy · Manufacturing and MSMEs
- Examine the status of digitalisation in the Indian economy, the problems faced and possible improvements.2023 · Mains GS3 · Economy · Digital Economy
- Most unemployment in India is structural. Examine the methodology used to compute unemployment and suggest improvements.2023 · Mains GS3 · Economy · Structural Unemployment
- Distinguish care economy from monetised economy and explain how women’s empowerment can monetise care work.2023 · Mains GS3 · Economy · Care Economy
- Which one of the following best describes core inflation in macroeconomic analysis?2023 · Prelims GS1 · Economy · Inflation
- Why is Public Private Partnership required in infrastructural projects? Examine the role of PPP model in the redevelopment of Railway Stations in India.2022 · Mains GS3 · Economy · PPP Infrastructure
- Is inclusive growth possible under market economy? State the significance of financial inclusion in achieving economic growth in India.2022 · Mains GS3 · Economy · Inclusive Growth
- Economic growth in the recent past has been led by increase in labour productivity. Explain this statement. Suggest the growth pattern that will lead to creation of more jobs without compromising labour productivity.2022 · Mains GS3 · Economy · Labour Productivity
- Explain the difference between the computing methodology of India’s Gross Domestic Product before the year 2015 and after the year 2015.2021 · Mains GS3 · Economy · GDP Methodology
- Distinguish between Capital Budget and Revenue Budget. Explain the components of both these Budgets.2021 · Mains GS3 · Economy · Capital and Revenue Budget
- Do you agree that the Indian economy has recently experienced V-shaped recovery? Give reasons in support of your answer.2021 · Mains GS3 · Economy · V Shaped Recovery
- Investment in infrastructure is essential for more rapid and inclusive economic growth. Discuss in the light of India’s experience.2021 · Mains GS3 · Economy · Infrastructure Investment
- Explain intra-generational and inter-generational issues of equity from the perspective of inclusive growth and sustainable development.2020 · Mains GS3 · Economy · Inclusive Growth
- Define potential GDP and explain its determinants. What are the factors that have been inhibiting India from realizing its potential GDP?2020 · Mains GS3 · Economy · GDP
- If another global financial crisis occurred, which policy would most directly reduce India’s vulnerability? (1) avoiding dependence on short-term external borrowing; (2) opening to more foreign banks; (3) adopting full capital-account convertibility.2020 · Prelims GS1 · Economy · External Sector & Financial Stability
- If ₹1,00,000 is withdrawn in cash from a demand-deposit account, what is the immediate effect on the economy’s aggregate money supply?2020 · Prelims GS1 · Economy · Money Supply & Banking
- Explain the meaning of investment in an economy in terms of capital formation. Discuss the factors to be considered while designing a concession agreement between a public entity and a private entity.2020 · Mains GS3 · Economy · PPP Concession Agreements
- Explain the rationale behind the Goods and Services Tax (Compensation to States) Act of 2017. How has COVID-19 impacted the GST compensation fund and created new federal tensions?2020 · Mains GS3 · Economy · COVID-19
- In international finance, what is meant by the IMF “reserve tranche” or historically “gold tranche”?2020 · Prelims GS1 · Economy · IMF & International Monetary System
- Why is the Macro-Economic Framework Statement presented to Parliament along with the Union Budget?2020 · Prelims GS1 · Economy · Fiscal Policy & FRBM
- Why is a firm’s Interest Coverage Ratio useful to a lender? (1) it helps assess a prospective borrower; (2) it helps evaluate emerging debt-service risk; (3) a higher ratio means poorer ability to service debt. Which are correct?2020 · Prelims GS1 · Economy · Corporate Finance & Credit Risk
- Which government interventions can influence domestic rice prices? (1) Minimum Support Prices; (2) government trading; (3) public stockholding; (4) consumer food subsidies.2020 · Prelims GS1 · Economy · Food Prices & Agricultural Markets
- Regarding Indian inflation indices, consider: (1) food has a larger weight in CPI than in WPI; (2) WPI excludes services whereas CPI includes service-related consumption; (3) RBI uses WPI as the principal inflation measure for monetary-policy decisions. Which are correct?2020 · Prelims GS1 · Economy · Inflation - CPI and WPI
- Regarding money-market and debt instruments, consider: (1) commercial paper is an unsecured short-term promissory instrument; (2) a certificate of deposit is a long-term RBI instrument issued to corporations; (3) call money is very short-term interbank finance; (4) zero-coupon bonds are interest-paying short-term bank bonds for corporations. Which are correct?2020 · Prelims GS1 · Economy · Money Market Instruments
- Which characteristic best distinguishes Foreign Direct Investment (FDI) in India?2020 · Prelims GS1 · Economy · Foreign Direct Investment
- Regarding India’s international trade around the 2020 exam period, consider: (1) merchandise exports were lower than merchandise imports; (2) imports of iron/steel, chemicals, fertilisers and machinery had all declined in recent years; (3) services exports exceeded services imports; (4) India generally ran an overall current-account/trade deficit. Which are correct?2020 · Prelims GS1 · Economy · Balance of Payments & International Trade
- West Texas Intermediate (WTI), frequently quoted in financial news, is a benchmark grade of what?2020 · Prelims GS1 · Economy · Energy Markets & Crude Oil
- In macroeconomic debt statistics, which can be included in non-financial-sector debt? (1) household housing loans; (2) household credit-card liabilities; (3) government Treasury Bills.2020 · Prelims GS1 · Economy · Debt & Financial Statistics
- Regarding the WTO Agreement on Trade-Related Investment Measures (TRIMs), consider: (1) investment measures imposing certain quantitative import restrictions are prohibited; (2) TRIMs applies equally to trade in goods and services; (3) it does not constitute a general code regulating admission of foreign investment. Which are correct?2020 · Prelims GS1 · Economy · WTO - TRIMs
- If RBI wanted an expansionary monetary stance, which action would it NOT normally take? (1) reduce SLR; (2) raise the Marginal Standing Facility rate; (3) reduce Bank Rate and Repo Rate.2020 · Prelims GS1 · Economy · Monetary Policy & RBI
- After the 1991 reforms, which trends in India’s rural economy were accepted as correct? (1) worker productivity rose in urban areas but fell in rural areas; (2) the rural share of the workforce steadily increased; (3) rural non-farm activity expanded; (4) the growth rate of rural employment declined.2020 · Prelims GS1 · Economy · Rural Economy & Employment
- Regarding District Central Cooperative Banks (DCCBs), consider: (1) they supply more short-term agricultural credit than scheduled commercial banks and RRBs combined/individually in the broad system; (2) an important role is financing Primary Agricultural Credit Societies. Which is correct?2020 · Prelims GS1 · Economy · Cooperative Banking & Agricultural Credit
- Regarding the Asian Infrastructure Investment Bank (AIIB), assess these statements: (1) its membership exceeds eighty countries; (2) India is its largest shareholder; (3) membership is confined to Asian countries. Which statement set is correct?2019 · Prelims GS1 · Economy · International Financial Institutions
- Enumerate the indirect taxes which have been subsumed in the Goods and Services Tax in India. Also, comment on the revenue implications of the GST introduced in India in July 2017.2019 · Mains GS3 · Economy · GST
- What was the central objective of the Inter-Creditor Agreement entered into by Indian banks and financial institutions under the stressed-asset resolution framework?2019 · Prelims GS1 · Economy · Banking & NPAs
- Do you agree with the view that steady GDP growth and low inflation have left the Indian economy in good shape? Give reasons in support of your arguments.2019 · Mains GS3 · Economy · GDP
- Which institution was tasked with searching for and recommending candidates for the chairmanship or leadership of public-sector banks?2019 · Prelims GS1 · Economy · Banking Governance
- Consider these statements about the Petroleum and Natural Gas Regulatory Board (PNGRB): (1) it was India’s first regulatory body; (2) one of its functions is to promote competitive gas markets; (3) appeals from its decisions lie before the appellate tribunal constituted under the Electricity Act. Which statements are correct?2019 · Prelims GS1 · Economy · Energy Regulation
- Which item was not one of the indicators used in the World Bank’s former Ease of Doing Business framework?2019 · Prelims GS1 · Economy · Ease of Doing Business
- For foodgrains handled by the Food Corporation of India, the economic cost consists of MSP and any bonus paid to farmers, plus which additional components?2019 · Prelims GS1 · Economy · Food Management & FCI
- Which of the following best represents a country’s social capital rather than its human or physical capital?2019 · Prelims GS1 · Economy · Human & Social Capital
- The Service Area Approach for rural credit planning was operated as part of which banking framework?2019 · Prelims GS1 · Economy · Financial Inclusion & Rural Credit
- It is argued that the strategy of inclusive growth is intended to meet the objectives of inclusiveness and sustainability together. Comment on this statement.2019 · Mains GS3 · Economy · Inclusive Growth
- Public expenditure management is a challenge to the Government of India in the context of budget-making during the post-liberalization period. Clarify it.2019 · Mains GS3 · Economy · Public Finance
- Consider India’s external debt: (1) the majority is debt owed by government entities; (2) the entire external debt stock is denominated in US dollars. Which statement set is correct?2019 · Prelims GS1 · Economy · External Sector & Debt
- Which item below appears on the liability side, rather than the asset side, of a commercial bank’s balance sheet?2019 · Prelims GS1 · Economy · Banking Basics
- Which factors can help lower India’s vulnerability to a currency crisis? (1) foreign-exchange earnings of the IT sector; (2) higher government expenditure; (3) remittances from Indians living abroad.2019 · Prelims GS1 · Economy · Exchange Rate & Balance of Payments
- Which instrument can a registered foreign portfolio investor issue to an overseas investor seeking exposure to Indian securities without registering directly in India?2019 · Prelims GS1 · Economy · Capital Markets & FPI
- With respect to India’s Five-Year Plans, assess: (1) the Second Plan strongly emphasised basic and capital-goods industries and import substitution; (2) the Fourth Plan sought to correct increasing concentration of wealth and economic power; (3) the financial sector entered national planning for the first time only in the Fifth Plan. Which statements are correct?2019 · Prelims GS1 · Economy · Economic Planning
- About Purchasing Power Parity (PPP), assess: (1) PPP exchange rates compare the prices of a comparable basket of goods and services across countries; (2) India ranked sixth globally by GDP measured in PPP terms around the time of the exam. Which is correct?2019 · Prelims GS1 · Economy · GDP & Purchasing Power Parity
- Among the following agricultural imports, which category accounted for the largest import value for India over the preceding few years?2019 · Prelims GS1 · Economy · Agricultural Trade
- Which policy would be least consistent with an effort by the Government or RBI to arrest a sharp depreciation of the rupee?2019 · Prelims GS1 · Economy · Exchange Rate & Monetary Policy
- RBI’s 2018 payment-data localisation direction required payment-system providers to: (1) store complete payment-system data in India; (2) use systems owned and operated by public-sector enterprises; (3) submit the consolidated audit report to the CAG. Which statement set is correct?2019 · Prelims GS1 · Economy · Digital Payments & Regulation
- Which change would generally raise the money multiplier in an economy?2019 · Prelims GS1 · Economy · Money Supply & Banking
- Under the 2018 amendment to the Industrial Employment (Standing Orders) Central Rules, consider: (1) fixed-term employment made workforce separation easier when contracts expired; (2) termination notice was not required for temporary workmen in the specified categories. Which is correct?2019 · Prelims GS1 · Economy · Labour Reforms
- Which organisation published the Global Competitiveness Report?2019 · Prelims GS1 · Economy · Global Indices & Reports
- Why can the official poverty line for one Indian State be higher than that for another State in the same year?2019 · Prelims GS1 · Economy · Poverty Measurement
- On India’s coal sector, assess: (1) nationalisation occurred under Indira Gandhi; (2) coal blocks are now allotted by lottery; (3) India became fully self-sufficient and no longer needed coal imports. Which is correct?2019 · Prelims GS1 · Economy · Coal Sector & Natural Resources
- Which country was the world’s largest rice exporter over the several years preceding the 2019 examination?2019 · Prelims GS1 · Economy · Agricultural Exports
- Comment on the important changes introduced with respect to Long-term Capital Gains Tax and Dividend Distribution Tax in the Union Budget for 2018-2019.2018 · Mains GS3 · Economy · Capital Gains Tax
- Poverty anywhere is a threat to prosperity everywhere.2018 · Essay · Economy · Poverty and Prosperity
- What do you mean by Minimum Support Price (MSP)? How will MSP rescue farmers from low-income traps?2018 · Mains GS3 · Economy · MSP
- How are the principles followed by NITI Aayog different from those followed by the erstwhile Planning Commission in India?2018 · Mains GS3 · Economy · NITI Aayog
- How would recent phenomena of protectionism and currency manipulations in world trade affect macroeconomic stability of India?2018 · Mains GS3 · Economy · Protectionism
- Discuss whether the formation of new states in recent times is beneficial or not for the economy of India.2018 · Mains GS1 · Economy · New States
- Assess the role of National Horticulture Mission in boosting production, productivity and income of horticulture farms. How far has it succeeded in increasing farmer income?2018 · Mains GS3 · Economy · National Horticulture Mission
- What is the significance of Industrial Corridors in India? Identifying industrial corridors, explain their main characteristics.2018 · Mains GS1 · Economy · Industrial Corridors
- Among several factors for India’s potential growth, the savings rate is the most effective one. Do you agree? What are the other factors available for growth potential?2017 · Mains GS3 · Economy · Savings Rate
- Impact of the new economic measures on fiscal ties between the Union and States in India.2017 · Essay · Economy · Fiscal Federalism
- Account for the failure of the manufacturing sector in achieving the goal of labour-intensive exports rather than capital-intensive exports. Suggest measures for more labour-intensive exports.2017 · Mains GS3 · Economy · Manufacturing Exports
- Which of the following statements is/are correct regarding the Monetary Policy Committee? 1. It decides RBI's benchmark interest rates. 2. It is a 12-member body including the RBI Governor and is reconstituted every year. 3. It functions under the chairmanship of the Union Finance Minister.2017 · Prelims GS1 · Economy · Monetary Policy
- One of the intended objectives of Union Budget 2017-18 is to transform, energize and clean India. Analyse the measures proposed in the Budget 2017-18 to achieve this objective.2017 · Mains GS3 · Economy · Union Budget 2017 18
- Industrial growth rate has lagged behind in the overall growth of GDP in the post-reform period. Give reasons. How far are the recent changes in Industrial Policy capable of increasing the industrial growth rate?2017 · Mains GS3 · Economy · Industrial Growth
- What are the salient features of inclusive growth? Has India been experiencing such a growth process? Analyze and suggest measures for inclusive growth.2017 · Mains GS3 · Economy · Inclusive Growth
- How do subsidies affect the cropping pattern, crop diversity and economy of farmers? What is the significance of crop insurance, minimum support price and food processing for small and marginal farmers?2017 · Mains GS3 · Economy · Agricultural Subsidies
- The growth of cities as I.T. hubs has opened up new avenues of employment, but has also created new problems. Substantiate this statement with examples.2017 · Mains GS1 · Economy · IT Hubs
- Who among the following can join the National Pension System?2017 · Prelims GS1 · Economy · National Pension System
- Consider the following statements: 1. BIS Standard Mark is mandatory for automotive tyres and tubes. 2. AGMARK is a quality certification mark issued by FAO. Which is/are correct?2017 · Prelims GS1 · Economy · Quality Standards
- What is/are the advantage/advantages of implementing the National Agriculture Market scheme? 1. It is a pan-India electronic trading portal for agricultural commodities. 2. It gives farmers access to a nationwide market with prices commensurate with quality.2017 · Prelims GS1 · Economy · e-NAM
- With reference to the National Intellectual Property Rights Policy, consider: 1. It reiterates India's commitment to the Doha Development Agenda and TRIPS Agreement. 2. Department of Industrial Policy and Promotion is the nodal agency for regulating intellectual property rights in India. Which is/are correct?2017 · Prelims GS1 · Economy · Intellectual Property Rights
- What is the purpose of setting up Small Finance Banks in India? 1. Supply credit to small business units 2. Supply credit to small and marginal farmers 3. Encourage young entrepreneurs to set up businesses particularly in rural areas2017 · Prelims GS1 · Economy · Small Finance Banks
- Which of the following is a most likely consequence of implementing Unified Payments Interface (UPI)?2017 · Prelims GS1 · Economy · Digital Payments
- With reference to National Investment and Infrastructure Fund, which statement(s) is/are correct? 1. It is an organ of NITI Aayog. 2. It has a corpus of Rs. 4,00,000 crore at present.2017 · Prelims GS1 · Economy · Infrastructure Finance
- Which statement best describes Scheme for Sustainable Structuring of Stressed Assets (S4A)?2017 · Prelims GS1 · Economy · Banking and Stressed Assets
- The nationwide Soil Health Card Scheme aims at 1. expanding cultivable area under irrigation 2. enabling banks to assess farm loans based on soil quality 3. checking overuse of fertilizers. Which is/are correct?2017 · Prelims GS1 · Economy · Soil Health Card
- Which occurred in India after economic liberalisation in 1991? 1. Agriculture share in GDP increased enormously 2. India's share of world exports increased 3. FDI inflows increased 4. Foreign-exchange reserves increased enormously2017 · Prelims GS1 · Economy · Economic Reforms
- Consider: 1. National Payments Corporation of India helps promote financial inclusion. 2. NPCI launched RuPay, a card payment scheme. Which is/are correct?2017 · Prelims GS1 · Economy · NPCI and Payments
- What is/are the most likely advantage/advantages of implementing Goods and Services Tax? 1. It will replace multiple taxes collected by multiple authorities and create a single market in India. 2. It will drastically reduce India's current account deficit and raise forex reserves. 3. It will enormously increase economic growth and enable India to overtake China in the near future.2017 · Prelims GS1 · Economy · GST
- Consider: 1. Tax revenue as a percent of GDP of India steadily increased in the preceding decade. 2. Fiscal deficit as a percent of GDP steadily increased in the preceding decade. Which is/are correct?2017 · Prelims GS1 · Economy · Fiscal Indicators
- How has globalization led to the reduction of employment in the formal sector of the Indian economy? Is increased informalization detrimental to the development of the country?2016 · Mains GS3 · Economy · Globalisation and Informalisation
- Which of the following is/are the indicator/indicators used by IFPRI to compute the Global Hunger Index Report? 1. Undernourishment 2. Child stunting 3. Child mortality. Select the correct answer using the code given below.2016 · Prelims GS1 · Economy · Development Indicators
- Women empowerment in India needs gender budgeting. What are the requirements and status of gender budgeting in the Indian context?2016 · Mains GS3 · Economy · Gender Budgeting
- There has been a persistent deficit budget year after year. Which action/actions of the following can be taken by the Government to reduce the deficit? 1. Reducing revenue expenditure 2. Introducing new welfare schemes 3. Rationalizing subsidies 4. Reducing import duty. Select the correct answer using the code given below.2016 · Prelims GS1 · Economy · Public Finance
- Pradhan Mantri Jan Dhan Yojana is necessary for bringing the unbanked to the institutional finance fold. Do you agree with this for financial inclusion of the poor section of Indian society? Give arguments to justify your opinion.2016 · Mains GS3 · Economy · Financial Inclusion
- The establishment of Payment Banks is being allowed in India to promote financial inclusion. Which of the following statements is/are correct in this context? 1. Mobile telephone companies and supermarket chains that are owned and controlled by residents are eligible to be promoters of Payment Banks. 2. Payment Banks can issue both credit cards and debit cards. 3. Payment Banks cannot undertake lending activities. Select the correct answer using the code given below.2016 · Prelims GS1 · Economy · Banking and Financial Inclusion
- Innovation is the key determinant of economic growth and social welfare.2016 · Essay · Economy · Innovation and Growth
- Justify the need for FDI for the development of the Indian economy. Why is there a gap between MOUs signed and actual FDIs? Suggest remedial steps to be taken for increasing actual FDIs in India.2016 · Mains GS3 · Economy · FDI
- Comment on the challenges for inclusive growth which include careless and useless manpower in the Indian context. Suggest measures to be taken for facing these challenges.2016 · Mains GS3 · Economy · Inclusive Growth and Manpower
- Which one of the following is a purpose of UDAY, a scheme of the Government?2016 · Prelims GS1 · Economy · Power Sector Reforms
- Near jobless growth in India: An anomaly or an outcome of economic reforms.2016 · Essay · Economy · Jobless Growth
- With reference to IFC Masala Bonds, sometimes seen in the news, which of the statements given below is/are correct? 1. The International Finance Corporation, which offers these bonds, is an arm of the World Bank. 2. They are rupee-denominated bonds and are a source of debt financing for the public and private sector. Select the correct answer using the code given below.2016 · Prelims GS1 · Economy · External Financing and Bonds
- Digital economy: A leveller or a source of economic inequality.2016 · Essay · Economy · Digital Economy
- In the context of which of the following do you sometimes find the terms amber box, blue box and green box in the news?2016 · Prelims GS1 · Economy · WTO and Agriculture
- Which of the following is/are included in the capital budget of the Government of India? 1. Expenditure on acquisition of assets like roads, buildings, machinery, etc. 2. Loans received from foreign governments. 3. Loans and advances granted to the States and Union Territories. Select the correct answer using the code given below.2016 · Prelims GS1 · Economy · Union Budget
- Recently, which one of the following currencies has been proposed to be added to the basket of IMF's SDR?2016 · Prelims GS1 · Economy · IMF and SDR
- With reference to the International Monetary and Financial Committee (IMFC), consider the following statements: 1. IMFC discusses matters of concern affecting the global economy and advises the International Monetary Fund on the direction of its work. 2. The World Bank participates as observer in IMFC meetings. Which of the statements given above is/are correct?2016 · Prelims GS1 · Economy · International Financial Institutions
- Which of the following best describes the term 'import cover', sometimes seen in the news?2016 · Prelims GS1 · Economy · Balance of Payments and Forex Reserves
- With reference to Pradhan Mantri Fasal Bima Yojana, consider the following statements: 1. Under this scheme, farmers have to pay a uniform premium of two percent for any crop they cultivate in any season of the year. 2. This scheme covers post-harvest losses arising out of cyclones and unseasonal rains. Which of the statements given above is/are correct?2016 · Prelims GS1 · Economy · Agricultural Insurance
- Why does the Government of India promote the use of Neem-coated Urea in agriculture?2016 · Prelims GS1 · Economy · Agricultural Inputs
- With reference to Stand Up India Scheme, which of the following statements is/are correct? 1. Its purpose is to promote entrepreneurship among SC/ST and women entrepreneurs. 2. It provides for refinance through SIDBI. Select the correct answer using the code given below.2016 · Prelims GS1 · Economy · Financial Inclusion and Entrepreneurship
- The term Core Banking Solutions is sometimes seen in the news. Which of the following statements best describes/describe this term? 1. It is networking of a bank's branches which enables customers to operate their accounts from any branch of the bank on its network regardless of where they opened their accounts. 2. It is an effort to increase RBI's control over commercial banks through computerization. 3. It is a detailed procedure by which a bank with huge non-performing assets is taken over by another bank. Select the correct answer using the code given below.2016 · Prelims GS1 · Economy · Banking Technology
- 'Net metering' is sometimes seen in the news in the context of promoting the2016 · Prelims GS1 · Economy · Renewable Energy
- India's ranking in the Ease of Doing Business Index is sometimes seen in the news. Which of the following has declared that ranking?2016 · Prelims GS1 · Economy · Business Environment
- What is/are the purpose/purposes of the Marginal Cost of Funds based Lending Rate (MCLR) announced by RBI? 1. These guidelines help improve transparency in the methodology followed by banks for determining interest rates on advances. 2. These guidelines help ensure availability of bank credit at interest rates fair to borrowers as well as banks. Select the correct answer using the code given below.2016 · Prelims GS1 · Economy · Monetary Transmission
- With reference to Initiative for Nutritional Security through Intensive Millets Promotion, which of the following statements is/are correct? 1. It aims to demonstrate improved production and post-harvest technologies and value-addition techniques in an integrated cluster approach. 2. Poor, small, marginal and tribal farmers have a larger stake in this scheme. 3. An important objective is to encourage farmers of commercial crops to shift to millet cultivation by offering free kits of critical inputs and micro-irrigation equipment. Select the correct answer using the code given below.2016 · Prelims GS1 · Economy · Millets and Nutritional Security
- With reference to Financial Stability and Development Council, consider the following statements: 1. It is an organ of NITI Aayog. 2. It is headed by the Union Finance Minister. 3. It monitors macroprudential supervision of the economy. Which of the statements given above is/are correct?2016 · Prelims GS1 · Economy · Financial Regulation
- The term Base Erosion and Profit Shifting is sometimes seen in the news in the context of2016 · Prelims GS1 · Economy · International Taxation
- Recently, India's first National Investment and Manufacturing Zone was proposed to be set up in2016 · Prelims GS1 · Economy · Industrial Policy
- What is/are the purpose/purposes of Government's Sovereign Gold Bond Scheme and Gold Monetization Scheme? 1. To bring the idle gold lying with Indian households into the economy 2. To promote FDI in the gold and jewellery sector 3. To reduce India's dependence on gold imports. Select the correct answer using the code given below.2016 · Prelims GS1 · Economy · Gold Schemes
- Pradhan Mantri MUDRA Yojana is aimed at2016 · Prelims GS1 · Economy · MSME Finance
- 'Global Financial Stability Report' is prepared by the2016 · Prelims GS1 · Economy · IMF Reports
- Regarding Atal Pension Yojana, which of the following statements is/are correct? 1. It is a minimum guaranteed pension scheme mainly targeted at unorganized sector workers. 2. Only one member of a family can join the scheme. 3. Same amount of pension is guaranteed for the spouse for life after subscriber's death. Select the correct answer using the code given below.2016 · Prelims GS1 · Economy · Social Security
- The nature of economic growth in India in recent times is often described as a jobless growth. Do you agree with this view? Give arguments in favour of your answer.2015 · Mains GS3 · Economy · Jobless Growth
- In what way could replacement of price subsidy with Direct Benefit Transfer (DBT) change the scenario of subsidies in India? Discuss.2015 · Mains GS3 · Economy · DBT and Subsidies
- What are the impediments in marketing and supply chain management in developing the food processing industry in India? Can e-commerce help in overcoming this bottleneck?2015 · Mains GS3 · Economy · Food Processing
- Craze for gold in India has led to surge in import of gold in recent years and put pressure on balance of payments and external value of rupee. In view of this, examine the merits of Gold Monetization Scheme.2015 · Mains GS3 · Economy · Gold Monetization Scheme
- Can capitalism bring inclusive growth?2015 · Essay · Economy · Capitalism and Inclusion
- Success of Make in India programme depends on the success of Skill India programme and radical labour reforms. Discuss with logical arguments.2015 · Mains GS3 · Economy · Make in India and Skill India
- There is a clear acknowledgement that Special Economic Zones are a tool of industrial development, manufacturing and exports. Recognising this potential, the whole instrumentality of SEZs requires augmentation. Discuss the issues plaguing the success of SEZs with respect to taxation, governing laws and administration.2015 · Mains GS3 · Economy · Special Economic Zones
- Normally countries shift from agriculture to industry and then later to services, but India shifted directly from agriculture to services. What are the reasons for the huge growth of services vis-à-vis industry in the country? Can India become a developed country without a strong industrial base?2014 · Mains GS3 · Economy · Services vs Industry
- While we flaunt India’s demographic dividend, we ignore the dropping rates of employability. What are we missing while doing so? Where will the jobs that India desperately needs come from? Explain.2014 · Mains GS3 · Economy · Employability
- The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 has come into effect from 1st January 2014. What are the key issues which would get addressed with the Act in place? What implications would it have on industrialization and agriculture in India?2014 · Mains GS3 · Economy · Land Acquisition Act
- Capitalism has guided the world economy to unprecedented prosperity. However, it often encourages short-sightedness and contributes to wide disparities between rich and poor. In this light, would it be correct to believe and adopt capitalism for bringing inclusive growth in India? Discuss.2014 · Mains GS3 · Economy · Capitalism and Inclusive Growth
- Tourism: Can this be the next big thing for India?2014 · Essay · Economy · Tourism
- Foreign Direct Investment in the defence sector is now set to be liberalized. What influence is this expected to have on Indian defence and economy in the short and long run?2014 · Mains GS3 · Economy · FDI in Defence
- With a consideration towards the strategy of inclusive growth, the new Companies Bill, 2013 has indirectly made CSR a mandatory obligation. Discuss the challenges expected in its implementation in right earnest. Also discuss other provisions in the Bill and their implications.2013 · Mains GS3 · Economy · CSR and Companies Bill
- What were the reasons for the introduction of Fiscal Responsibility and Budget Management Act, 2003? Discuss critically its salient features and their effectiveness.2013 · Mains GS3 · Economy · FRBM Act
- What is the meaning of the term ‘tax expenditure’? Taking housing sector as an example, discuss how it influences the budgetary policies of the government.2013 · Mains GS3 · Economy · Tax Expenditure
- The Food Security Bill is expected to eliminate hunger and malnutrition in India. Critically discuss various apprehensions in its effective implementation along with the concerns it has generated in WTO.2013 · Mains GS3 · Economy · Food Security Bill
- Examine the impact of liberalization on companies owned by Indians. Are they competing with the MNCs satisfactorily? Discuss.2013 · Mains GS3 · Economy · Liberalization
- Discuss the rationale for introducing Goods and Services Tax in India. Bring out critically the reasons for the delay in roll out for its regime.2013 · Mains GS3 · Economy · GST
- With reference to the usefulness of the by-products of sugar industry, which of the following statements is/are correct? 1. Bagasse can be used as biomass fuel for the generation of energy. 2. Molasses can be used as one of the feedstocks for the production of synthetic chemical fertilizers. 3. Molasses can be used for the production of ethanol. Select the correct answer using the codes given below.2013 · Prelims GS1 · Economy · Sugar Industry By-products
- The balance of payments of a country is a systematic record of2013 · Prelims GS1 · Indian Economy, Economy · Balance of Payments
- The Reserve Bank of India regulates the commercial banks in matters of 1. liquidity of assets 2. branch expansion 3. merger of banks 4. winding-up of banks. Select the correct answer using the codes given below.2013 · Prelims GS1 · Economy · RBI Regulation of Banks
- An increase in the Bank Rate generally indicates that the2013 · Prelims GS1 · Indian Economy, Economy · Monetary Policy, Bank Rate and Monetary Policy
- In India, deficit financing is used for raising resources for2013 · Prelims GS1 · Indian Economy, Economy · Deficit Financing
- Which of the following constitute Capital Account? 1. Foreign Loans 2. Foreign Direct Investment 3. Private Remittances 4. Portfolio Investment. Select the correct answer using the codes given below.2013 · Prelims GS1 · Economy · Balance of Payments Capital Account
- Consider the following statements: 1. Inflation benefits the debtors. 2. Inflation benefits the bond-holders. Which of the statements given above is/are correct?2013 · Prelims GS1 · Indian Economy, Economy · Inflation, Inflation and Distribution
- Disguised unemployment generally means2013 · Prelims GS1 · Indian Economy, Economy · Employment, Disguised Unemployment
- Consider the following liquid assets: 1. Demand deposits with the banks 2. Time deposits with the banks 3. Savings deposits with the banks 4. Currency. The correct sequence of these assets in the decreasing order of liquidity is2013 · Prelims GS1 · Economy · Liquidity of Financial Assets
- In the context of Indian economy, “Open Market Operations” refers to2013 · Prelims GS1 · Indian Economy, Economy · Open Market Operations
- Priority Sector Lending by banks in India constitutes the lending to2013 · Prelims GS1 · Indian Economy, Economy · Priority Sector Lending
- To obtain full benefits of demographic dividend, what should India do?2013 · Prelims GS1 · Indian Economy, Economy · Demographic Dividend
- A rise in general level of prices may be caused by 1. an increase in the money supply 2. a decrease in the aggregate level of output 3. an increase in the effective demand. Select the correct answer using the codes given below.2013 · Prelims GS1 · Economy · Causes of Inflation
- Which one of the following groups of items is included in India’s foreign-exchange reserves?2013 · Prelims GS1 · Indian Economy, Economy · Foreign Exchange Reserves
- Which one of the following is likely to be the most inflationary in its effect?2013 · Prelims GS1 · Indian Economy, Economy · Deficit Monetization, Deficit Monetisation and Inflation
- Supply of money remaining the same, when there is an increase in demand for money, there will be2013 · Prelims GS1 · Indian Economy, Economy · Money Demand, Money Demand and Interest Rate
- Economic growth in country X will necessarily have to occur if2013 · Prelims GS1 · Indian Economy, Economy · Economic Growth, Capital Formation and Growth
- The national income of a country for a given period is equal to the2013 · Prelims GS1 · Indian Economy, Economy · National Income
- Which of the following grants/grant direct credit assistance to rural households? 1. Regional Rural Banks 2. National Bank for Agriculture and Rural Development 3. Land Development Banks. Select the correct answer using the codes given below.2013 · Prelims GS1 · Economy · Rural Credit Institutions