In this article we will analyse the Questions asked from economics section in the Civil Services exam 2013. We will have a comparison with the syllabus and sources we have already discussed.
Difficulty Level : Medium
Topics Hierarchy : Balance of Payments
Source : NCERT
Q1. Which of the following constitute Capital Account?
1. Foreign Loans
2. Foreign Direct Investment
3. Private Remittances
4. Portfolio Investment
Select the correct answer using the codes given below:
Difficulty Level : Medium
Topics Hierarchy : Inflation
Source :
Q2. Consider the following statements:
1. Inflation benefits the debtors.
2. Inflation benefits the bond-holders.
Which of the statements given above is/are correct?
Difficulty Level : Easy
Topics Hierarchy : Unemployment
Source : NCERT
Q3. Disguised unemployment generally means
Difficulty Level : Easy
Topics Hierarchy : Money and Banking
Source : NCERT
Q4. Consider the following liquid assets:
1. Demand deposits with the banks
2. Time deposits with the banks
3. Savings deposits with the banks
4. Currency
The correct sequence of these assets in the decreasing order of liquidity is
Difficulty Level : Easy
Topics Hierarchy : Balance of Payments
Source : NCERT
Q5. In the context of Indian economy, ‘Open Market Operations’ refers to
Difficulty Level : Medium
Topics Hierarchy : Money and Banking
Source :
Q6. Priority Sector Lending by banks in Indian constitutes the lending to
Difficulty Level : Medium
Topics Hierarchy : Demographics
Source : Economic Survey
Q7. To obtain full benefits of demographic dividend, what should India do?
Difficulty Level : Medium
Topics Hierarchy : Inflation
Source :
Q8. A rise in general level of prices may be caused by
1. An increase in the money supply
2. A decrease in the aggregate level of output
3. An increase in the effective demand
Select the correct answer using the codes given below:
Difficulty Level : Medium
Topics Hierarchy : Balance of Payments
Source :
Q9. Which one of the following groups of items is included in India’s foreign-exchange reserves?
Difficulty Level : Medium
Topics Hierarchy : Inflation
Source : NCERT
Q10. Which one of the following is likely to be the most inflationary in its effect?
Difficulty Level : Medium
Topics Hierarchy : Inflation
Source : NCERT
Q11. Supply of money remaining the same when there is an increase in demand for money, there will be
Difficulty Level : Medium
Topics Hierarchy : National Income Accounting
Source : NCERT
Q12. Economic growth in country X will necessarily have to occur it
Difficulty Level : Medium
Topics Hierarchy : National Income Accounting
Source : NCERT
Q13. The national income of a country for a given period is equal to the
Difficulty Level : Medium
Topics Hierarchy : Money and Banking
Source : Economics Survey
Q14. Which of the following grants/grant direct credit assistance to rural households?
1. Regional Rural Banks
2. National Bank for Agriculture and Rural Development
3. Land Development Banks
Select the correct answer using the codes given below.
Difficulty Level : Medium
Topics Hierarchy : Balance of Payments
Source : NCERT
Q15. The balance of payments of a country is a systematic record of
Difficulty Level : Medium
Topics Hierarchy : Money and Banking
Source :
Q16. The Reserve Bank of India regulates the commercial banks in matters of
1. liquidity of assets
2. branch expansion
3. merger of banks
4. winding-up of banks
Select the correct answer using the codes given below:
Difficulty Level : Medium
Topics Hierarchy : Money and Banking
Source : NCERT
Q17. An increase in the Bank Rate generally indicates that the
Difficulty Level : Medium
Topics Hierarchy : Public Finance
Source : NCERT
Q18. In India, deficit financing is used for raising resources for
Topic wise distribution :
Resource wise distribution :
Difficulty wise distribution :
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