UPSC Prelims 2018
Get UPSC Prelims Previous Year Question (PYQ) Papers with detailed explanations, mindmaps, organized year-wise and subject-wise for GS.
- Economy
Consider the following statements: Human capital formation as a concept is better explained in terms of a process, which enables
- individuals of a country to accumulate more capital.
- increasing the knowledge, skill levels and capacities of the people of the country.
- accumulation of tangible wealth.
- accumulation of intangible wealth.
Which of the statements given above is/are correct?
View Answer for: Consider the following statements: Human capital formation as a concept is better explained in terms of a process, which enables individuals of a country to accumulate more capital. increasing the knowledge, skill levels and capacities of the people of the country. accumulation of tangible wealth. accumulation of intangible wealth.Which of the statements given above is/are correct?Consider the following statements: Human capital formation as a concept is better explained in terms of a process, which enables
- individuals of a country to accumulate more capital.
- increasing the knowledge, skill levels and capacities of the people of the country.
- accumulation of tangible wealth.
- accumulation of intangible wealth.
Which of the statements given above is/are correct?
- Economy
Which one of the following links all the ATMs in India?
View Answer for: Which one of the following links all the ATMs in India?Which one of the following links all the ATMs in India?
- Economy
India enacted the Geographical Indications of Goods (Registration and Protection) Act, 1999 in order to comply with the obligations to
View Answer for: India enacted the Geographical Indications of Goods (Registration and Protection) Act, 1999 in order to comply with the obligations toIndia enacted the Geographical Indications of Goods (Registration and Protection) Act, 1999 in order to comply with the obligations to
- Economy
If a commodity is provided free to the public by the Government, then
View Answer for: If a commodity is provided free to the public by the Government, thenIf a commodity is provided free to the public by the Government, then
- Economy
Which one of the following statements correctly describes the meaning of legal tender money?
View Answer for: Which one of the following statements correctly describes the meaning of legal tender money?Which one of the following statements correctly describes the meaning of legal tender money?
- Economy
Consider the following items:
- Cereal grains hulled
- Chicken eggs cooked
- Fish processed and canned
- Newspapers containing advertising material
Which of the above items is/are exempted under GST (Goods and Services Tax)?
View Answer for: Consider the following items: Cereal grains hulled Chicken eggs cooked Fish processed and canned Newspapers containing advertising materialWhich of the above items is/are exempted under GST (Goods and Services Tax)?Consider the following items:
- Cereal grains hulled
- Chicken eggs cooked
- Fish processed and canned
- Newspapers containing advertising material
Which of the above items is/are exempted under GST (Goods and Services Tax)?
- Economy
With reference to India's decision to levy an equalization tax of 6% on online advertisement services offered by non-resident entities, which of the following statements is/are correct?
- It is introduced as a part of the Income Tax Act.
- Non-resident entities that offer advertisement services in India can claim a tax credit in their home country under the "Double Taxation Avoidance Agreements".
Select the correct answer using the code given below:
View Answer for: With reference to India's decision to levy an equalization tax of 6% on online advertisement services offered by non-resident entities, which of the following statements is/are correct? It is introduced as a part of the Income Tax Act. Non-resident entities that offer advertisement services in India can claim a tax credit in their home country under the "Double Taxation Avoidance Agreements".Select the correct answer using the code given below:With reference to India's decision to levy an equalization tax of 6% on online advertisement services offered by non-resident entities, which of the following statements is/are correct?
- It is introduced as a part of the Income Tax Act.
- Non-resident entities that offer advertisement services in India can claim a tax credit in their home country under the "Double Taxation Avoidance Agreements".
Select the correct answer using the code given below:
- Economy
Which one of the following best describes the term "Merchant Discount Rate" sometimes seen in the news?
View Answer for: Which one of the following best describes the term "Merchant Discount Rate" sometimes seen in the news?Which one of the following best describes the term "Merchant Discount Rate" sometimes seen in the news?
- Economy
With reference to the provisions made under the National Food Security Act, 2013 consider the following statements:
- The families coming under the category of 'below poverty line (BPL)' only are eligible to receive subsidised grains.
- The eldest woman in a household, of age 18 years or above, shall be the head of the household for the purpose of issuance of a ration card.
- Pregnant women and lactating mothers are entitled to a take-home ration' of 1600 calories per day during pregnancy and for six months thereafter.
Which of the statements given above is/are correct?
View Answer for: With reference to the provisions made under the National Food Security Act, 2013 consider the following statements: The families coming under the category of 'below poverty line (BPL)' only are eligible to receive subsidised grains. The eldest woman in a household, of age 18 years or above, shall be the head of the household for the purpose of issuance of a ration card. Pregnant women and lactating mothers are entitled to a take-home ration' of 1600 calories per day during pregnancy and for six months thereafter.Which of the statements given above is/are correct?With reference to the provisions made under the National Food Security Act, 2013 consider the following statements:
- The families coming under the category of 'below poverty line (BPL)' only are eligible to receive subsidised grains.
- The eldest woman in a household, of age 18 years or above, shall be the head of the household for the purpose of issuance of a ration card.
- Pregnant women and lactating mothers are entitled to a take-home ration' of 1600 calories per day during pregnancy and for six months thereafter.
Which of the statements given above is/are correct?
- Economy
Consider the following statements:
- Capital Adequacy Ratio (CAR) is the amount that banks have to maintain in the form of their own funds to offset any loss that banks incur if the account-holders fail to repay dues.
- CAR is decided by each individual bank.
Which of the statements given above is/are correct?
View Answer for: Consider the following statements: Capital Adequacy Ratio (CAR) is the amount that banks have to maintain in the form of their own funds to offset any loss that banks incur if the account-holders fail to repay dues. CAR is decided by each individual bank.Which of the statements given above is/are correct?Consider the following statements:
- Capital Adequacy Ratio (CAR) is the amount that banks have to maintain in the form of their own funds to offset any loss that banks incur if the account-holders fail to repay dues.
- CAR is decided by each individual bank.
Which of the statements given above is/are correct?
- Economy
Increase in absolute and per capita real GNP do not connote a higher level of economic development, if -
View Answer for: Increase in absolute and per capita real GNP do not connote a higher level of economic development, if -Increase in absolute and per capita real GNP do not connote a higher level of economic development, if -
- Economy
With reference to the governance of public sector banking in India, consider the following statements
- Capital infusion into public sector banks by the Government of India has steadily increased in the last decade.
- To put the public sector banks in order, the merger of associate banks with the parent State Bank of India has been affected.
Which of the statements given above is/are correct?
View Answer for: With reference to the governance of public sector banking in India, consider the following statements Capital infusion into public sector banks by the Government of India has steadily increased in the last decade. To put the public sector banks in order, the merger of associate banks with the parent State Bank of India has been affected.Which of the statements given above is/are correct?With reference to the governance of public sector banking in India, consider the following statements
- Capital infusion into public sector banks by the Government of India has steadily increased in the last decade.
- To put the public sector banks in order, the merger of associate banks with the parent State Bank of India has been affected.
Which of the statements given above is/are correct?
- Economy
In spite of being a high saving economy, capital formation may not result in a significant increase in output due to -
View Answer for: In spite of being a high saving economy, capital formation may not result in a significant increase in output due to -In spite of being a high saving economy, capital formation may not result in a significant increase in output due to -
- Economy
Consider the following:
- Areca nut
- Barley
- Coffee
- Finger millet
- Groundnut
- Sesamum
- Turmeric
The Cabinet Committee on Economic Affair, has announced the Minimum Support Price for which of the above?
View Answer for: Consider the following: Areca nut Barley Coffee Finger millet Groundnut Sesamum TurmericThe Cabinet Committee on Economic Affair, has announced the Minimum Support Price for which of the above?Consider the following:
- Areca nut
- Barley
- Coffee
- Finger millet
- Groundnut
- Sesamum
- Turmeric
The Cabinet Committee on Economic Affair, has announced the Minimum Support Price for which of the above?
- Economy
Consider the following events:
- The first democratically elected communist party government formed in a State in India.
- India's then largest bank, 'Imperial Bank of India', was renamed 'State Bank of India'.
- Air India was nationalised and became the national carrier.
- Goa became a part of independent India.
Which of the following is the correct chronological sequence of the above events?
View Answer for: Consider the following events: The first democratically elected communist party government formed in a State in India. India's then largest bank, 'Imperial Bank of India', was renamed 'State Bank of India'. Air India was nationalised and became the national carrier. Goa became a part of independent India.Which of the following is the correct chronological sequence of the above events?Consider the following events:
- The first democratically elected communist party government formed in a State in India.
- India's then largest bank, 'Imperial Bank of India', was renamed 'State Bank of India'.
- Air India was nationalised and became the national carrier.
- Goa became a part of independent India.
Which of the following is the correct chronological sequence of the above events?
- Economy
Consider the following statements
- The Fiscal Responsibility and Budget Management (FRBM) Review Committee Report has recommended a debt to GDP ratio of 60% for the general (combined) government by 2023, comprising 40% for the Central Government and 20% for the State Governments.
- The Central Government has domestic liabilities of 21% of GDP as compared to 49% of GDP of the State Governments.
- As per the Constitution of India, it is mandatory for a State to take the Central Government’s consent for raising any loan if the former owes any outstanding liabilities to the latter.
Which of the statements given above is/are correct?
View Answer for: Consider the following statements The Fiscal Responsibility and Budget Management (FRBM) Review Committee Report has recommended a debt to GDP ratio of 60% for the general (combined) government by 2023, comprising 40% for the Central Government and 20% for the State Governments. The Central Government has domestic liabilities of 21% of GDP as compared to 49% of GDP of the State Governments. As per the Constitution of India, it is mandatory for a State to take the Central Government’s consent for raising any loan if the former owes any outstanding liabilities to the latter.Which of the statements given above is/are correct?Consider the following statements
- The Fiscal Responsibility and Budget Management (FRBM) Review Committee Report has recommended a debt to GDP ratio of 60% for the general (combined) government by 2023, comprising 40% for the Central Government and 20% for the State Governments.
- The Central Government has domestic liabilities of 21% of GDP as compared to 49% of GDP of the State Governments.
- As per the Constitution of India, it is mandatory for a State to take the Central Government’s consent for raising any loan if the former owes any outstanding liabilities to the latter.
Which of the statements given above is/are correct?
- Economy
Consider the following statements:
- The Reserve Bank of India manages and services Government of India Securities but not any State Government Securities.
- Treasury bills are issued by the Government of India and there are no treasury bills issued by the State Governments.
- Treasury bills offer are issued at a discount from the par value.
Which of the statements given above is/are correct?
View Answer for: Consider the following statements: The Reserve Bank of India manages and services Government of India Securities but not any State Government Securities. Treasury bills are issued by the Government of India and there are no treasury bills issued by the State Governments. Treasury bills offer are issued at a discount from the par value.Which of the statements given above is/are correct?Consider the following statements:
- The Reserve Bank of India manages and services Government of India Securities but not any State Government Securities.
- Treasury bills are issued by the Government of India and there are no treasury bills issued by the State Governments.
- Treasury bills offer are issued at a discount from the par value.
Which of the statements given above is/are correct?
- Economy
Consider the following statements
- The quantity of imported edible oils is more than the domestic production of edible oils in the last five years.
- The Government does not impose any customs duty on all the imported edible oils as a special case.
Which of the two statements given above is/are correct
View Answer for: Consider the following statements The quantity of imported edible oils is more than the domestic production of edible oils in the last five years. The Government does not impose any customs duty on all the imported edible oils as a special case.Which of the two statements given above is/are correctConsider the following statements
- The quantity of imported edible oils is more than the domestic production of edible oils in the last five years.
- The Government does not impose any customs duty on all the imported edible oils as a special case.
Which of the two statements given above is/are correct
- Economy
With reference to digital payments, consider the following statements:
- BHIM app allows the user to transfer money to anyone with a UPI-enabled bank account.
- While a chip-pin debit card has four factors of authentication, BHIM app has only two factors of authentication.
Which of the statements given above is/are correct?
View Answer for: With reference to digital payments, consider the following statements: BHIM app allows the user to transfer money to anyone with a UPI-enabled bank account. While a chip-pin debit card has four factors of authentication, BHIM app has only two factors of authentication.Which of the statements given above is/are correct?With reference to digital payments, consider the following statements:
- BHIM app allows the user to transfer money to anyone with a UPI-enabled bank account.
- While a chip-pin debit card has four factors of authentication, BHIM app has only two factors of authentication.
Which of the statements given above is/are correct?
- Economy
With reference to organic farming in India, consider the following statements:
- The National Programme for Organic Production' (NPOP) is operated under the guidelines and directions of the Union Ministry of Rural Development.
- The Agricultural and Processed Food Products Export Development Authority' (APEDA) functions as the Secretariat for the implementation of NPOP.
- Sikkim has become India's first fully organic State.
Which of the statements given above is/are correct?
View Answer for: With reference to organic farming in India, consider the following statements: The National Programme for Organic Production' (NPOP) is operated under the guidelines and directions of the Union Ministry of Rural Development. The Agricultural and Processed Food Products Export Development Authority' (APEDA) functions as the Secretariat for the implementation of NPOP. Sikkim has become India's first fully organic State.Which of the statements given above is/are correct?With reference to organic farming in India, consider the following statements:
- The National Programme for Organic Production' (NPOP) is operated under the guidelines and directions of the Union Ministry of Rural Development.
- The Agricultural and Processed Food Products Export Development Authority' (APEDA) functions as the Secretariat for the implementation of NPOP.
- Sikkim has become India's first fully organic State.
Which of the statements given above is/are correct?
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