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UPSC Prelims

2021 | Paper-1 | 📅 10 Oct, 2021
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Economy

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Economy Banking and Finance
Q1.

Consider the following statements:1. The Governor of the Reserve Bank of India (RBI) is appointed by the Central Government.2. Certain provisions in the Constitution of India give the Central Government the right to issue directions to the RBI in pub...

Economy Employment and Labour
Q2.

With reference to casual workers employed in India, consider the following statements:1. All casual workers are entitled for Employees Provident Fund coverage.2. All casual workers are entitled for regular working hours and overtime payment.3. The go...

Economy Macroeconomics
Q3.

Which among the following steps is most likely to be taken at the time of an economic recession?

Economy Microeconomics
Q4.

Consider the following statements:Other things remaining unchanged, market demand for a good might increase if1. price of its substitute increases2. price of its complement increases3. the good is an inferior good and income of the consumers increase...

Economy Banking and Finance
Q5.

With reference to 'Urban Cooperative Banks' in India, consider the following statements :1. They are supervised and regulated by local boards set up by the State Governments.2. They can issue equity shares and preference shares.3. They were brought u...

Economy Financial Markets
Q6.

Indian Government Bond Yields are influenced by which of the following?1. Actions of the United States Federal Reserve2. Actions of the Reserve Bank of India3. Inflation and short-term interest ratesSelect the correct answer using the code given belo...

Economy External Sector
Q7.

Consider the following:1. Foreign currency convertible bonds2. Foreign institutional investment with certain conditions3. Global depository receipts4. Non-resident external depositsWhich of the above can be included in Foreign Direct Investments?

Economy External Sector
Q8.

Consider the following statements:The effect of devaluation of a currency is that it necessarily1. improves the competitiveness of the domestic exports in the foreign markets2. increases the foreign value of domestic currency3. improves the trade bal...

Economy Public Finance
Q9.

Which one of the following effects of creation of black money in India has been the main cause of worry to the Government of India?

Economy Macroeconomics
Q10.

Which one of the following is likely to be the most inflationary in its effects?

Economy Banking and Finance
Q11.

The money multiplier in an economy increases with which one of the following?

Economy Macroeconomics
Q12.

With reference to Indian economy, demand-pull inflation can be caused/ increased by which of the following?1. Expansionary policies2. Fiscal stimulus3. Inflation-indexing wages4. Higher purchasing power5. Rising interest ratesSelect the correct answe...

Economy Financial Markets
Q13.

With reference to India, consider the following statements:1. Retail investors through demat account can invest in 'Treasury Bills' and 'Government of India Debt Bonds' in primary market.2. The 'Negotiated Dealing System-Order Matching' is a governme...

Economy Banking and Finance
Q14.

In India, the central bank's function as the 'lender of last resort' usually refers to which of the following?1. Lending to trade and industry bodies when they fail to borrow from other sources2. Providing liquidity to the banks having a temporary cr...

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