If you withdraw Rs. 1,00,000 in cash from your Demand Deposit Account at your bank, the immediate effect on aggregate money supply in the economy will be
More questions fromEconomy
- EconomyView Answer
The term 'West Texas Intermediate', sometimes found in news, refers to a grade of
- EconomyView Answer
Under the Kisan Credit Card scheme, short-term credit support is given to farmers for which of the following purposes?
- Working capital for maintenance of farm assets
- Purchase of combine harvesters, tractors and mini trucks.
- Consumption requirements of farm households
- Post-harvest expense
- Construction of family house and setting up of village cold storage facility.
Select the correct answer
- EconomyView Answer
In India, under cyber insurance for individuals, which of the following benefits are generally covered, in addition to payment for the funds and other benefits?
- Cost of restoration of the computer system in case of malware disrupting access to one's computer
- Cost of a new computer if some miscreant wilfully damages it, if proved so
- Cost of hiring a specialized consultant to minimize the loss in case of cyber extortion.
- Cost of defence in the Court of Law if any third party files a suit.
Select the correct answer using the code given below:
- EconomyView Answer
Consider the following statements:
- In the case of all cereals, pulses and oil-seeds, the procurement at Minimum Support Price (MSP) is unlimited in any State/UT of India.
- In the case of cereals and pulses, the MSP is fixed in any State/UT at a level to which the market price will never rise.
Which of the statements given above is/are correct?
- EconomyView Answer
Consider the following statements:
- The weightage of food in Consumer Price Index (CPI) is higher than that in Wholesale Price Index (WPI).
- The WPI does not capture changes in the prices of services, which CPI does.
- Reserve Bank of India has now adopted WPI as its key measure of inflation and to decide on changing the key policy rates.
Which of the statements given above is/are correct?
- EconomyView Answer
With reference of the Indian economy after the 1991 economic liberalization, consider the following statements:
- Worker productivity (per worker at 2004-05 prices) increased in urban areas while it decreased in rural areas.
- The percentage share of rural areas in the workforce steadily increased.
- In rural areas, the growth in non-farm economy increased.
- The growth rate in rural employment decreased.
Which of the statements given above is/are correct?
Trusted by 2L aspirants
Practice UPSC Prelims PYQs Smarter

- Track accuracy & weak areas
- See past trends & repeated themes
PYQs by Subject of 2020
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%) |
Crack UPSC with your
Personal AI Mentor
An AI-powered ecosystem to learn, practice, and evaluate with discipline


