With reference to consumers’ rights/ privileges under the provisions of law in India, which of the following statements is/are correct?
- Consumers are empowered to take samples for food testing.
- When a consumer files a complaint in any consumer forum, no fee is required to be paid.
- In case of death of a consumer, his/her legal heir can file a complaint in the consumer forum on his / her behalf.
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- EconomyView Answer
What is/are the recent policy initiative(s) of Government of India to promote the growth of the 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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- EconomyView Answer
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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- EconomyView Answer
Which of the following can be said to be essentially the parts of Inclusive Governance?
- Permitting the Non-Banking Financial Companies to do banking
- Establishing effective District Planning Committees in all the districts
- Increasing government spending on public health
- Strengthening the Mid-day Meal Scheme
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- EconomyView Answer
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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- EconomyView Answer
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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- EconomyView Answer
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 is among those Eight Core Industries?
- Cement
- Fertilizers
- Natural gas
- Refinery products
- Textiles
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PYQs by Subject of 2012
Most repeated Topics from Economy in Last 5 years
Repeated Topics | Questions in Last 5 Years |
|---|---|
| Finance and Financial Markets | 27 (34%) |
| Money, Banking and Monetary Policy | 16 (20%) |
| Public Finance in India | 11 (14%) |
| Infrastructure and Investment Models in India | 9 (11%) |
| Services and Digital Economy | 9 (11%) |
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