1. The Revolution related to increased production of eggs in India is
(A) Silver
(B) Golden
(C) White
(D) Liquid
2. Which sector contributed the most to the real Gross Value Added at basic prices in the last decade?
(A) Public administration, defence and other services
(B) Financing, real estate and professional services
(C) Manufacturing, construction, electricity, gas and water supply
(D) Trade, hotels, transport and communication
3. NITI Aayog has released the “North-East Region District SDG Index” with the support from
(A) UNDP (United Nations Development Programme)
(B) World Bank
(C) Asian Development Bank
(D) IMF
4. Which of the following constitutes a capital account in the Balance of Payments in India? 1. Foreign loans
2. Foreign Direct Investments
3. Remittances from abroad
4. Portfolio investment
(A) 1, 2 and 3
(B) 1, 2 and 4
(C) 2, 3 and 4
(D) 1, 2, 3 and 4
5. The concept of five year plans in the Indian Constitution is borrowed from
(A) Russia
(B) England
(C) The United States
(D) Germany
6. Which of the following accounts for the highest amount spent on Indian imports?
(A) Capital Goods
(B) Gold and Silver
(C) Electronic Goods
(D) Petroleum, oil and lubricants
7. In the service sector the most modern and developed economic activity is
(A) Tertiary activity
(B) Quinary
(C) Quarternary
(D) Secondary
8. What is the name of the new department created by the Reserve Bank of India in 2022?
(A) Department of Artificial Intelligence
(B) Department of Fin-Tech
(C) Department of Data Science
(D) Department of Digital Currency
9. Which of the following is not regarded as public expenditure in India?
(A) Subsidy given to local city bus service
(B) Defense expenditure
(C) Interest payment on national debt
(D) Investment spending by public companies
10. The major share of expenditure in the Union budget 2023-24 goes to
(A) Interest payments
(B) States’ share of taxes and duties
(C) Centrally sponsored schemes
(D) Subsidies
11. Which of the following would have inflationary effect on the economy?
1. RBI releasing new bonds in the market
2. RBI decreasing the SLR
3. RBI increasing the Bank Rate
4. Abolition of CRR
(A) 1, 2 and 3
(B) 1 and 4 only
(C) 2 and 4 only
(D) 3 and 4 only
12. Which of the following is not a capital receipt in the government budget?
(A) Loan recoveries
(B) Provident fund deposits
(C) PSU disinvestment
(D) Grants
13. Where is the Headquarter of the Asian Pacific Postal Union?
(A) Manila
(B) Bangkok
(C) Colombo
(D) Mumbai
14. Where is the Appellate Body of the World Trade Organization (WTOAB) located?
(A) New York
(B) Geneva
(C) Paris
(D) Hague
15. Which Union Ministry is associated with the pilot phase of The Open Network for Digital Commerce?
(A) Ministry of Commerce and Industry
(B) Ministry of Home Affairs
(C) Ministry of Electronics and IT
(D) None of the above
16. Financial instruments that generate proceeds for investment in environmentally sustainable projects are called (A) Green bonds
(A) Green bonds
(B) Nature bonds
(C) Low Emission bonds
(D) Environment bonds
17. The major source of revenue in 2022-23 was
(A) Corporate Tax
(B) Income Tax
(C) Goods and Services Tax
(D) Customs Duty
18. All revenues received by the Union government by way of direct and indirect taxes, money borrowed and
receipts from loans given by the government flow into
(A) the Public Accounts of India
(B) the Consolidated Fund of India
(C) the Contingency Fund of India
(D) None of the above