In this article we will analyse the Questions asked from economics section in the Civil Services exam 2014. We will have a comparison with the syllabus and sources we have already discussed.
Difficulty : Medium
Topic Hierarchy :
Source : Current Affairs
Q1. What does venture capital mean ?
Difficulty : Medium
Topic Hierarchy : Planning
Source : Current Affairs
Q2. The main objective of the 12th Five-Year Plan is
Difficulty : Medium
Topic Hierarchy : Balance of Payments
Source : NCERT
Q3. With reference to Balance of Payments, which of the following constitutes/ constitute the Current Account ?
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Difficulty : Easy
Topic Hierarchy : Money and Banking
Source : Current Affairs
Q4. The terms 'Marginal Standing Facility Rate' and 'Net Demand and Time Liabilities', sometimes appearing in news, are used in relation to
Difficulty : Medium
Topic Hierarchy : Money and Banking
Source : Current Affairs
Q5. What is/are the facility/facilities the beneficiaries can get from the services of Business Correspondent (Bank Saathi) in branchless areas ?
1. It enables the beneficiaries to draw their subsidies and social security benefits in their villages.
2. It enables the beneficiaries in the rural areas to make deposits and withdrawals.
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Difficulty : Medium
Topic Hierarchy : Money and Banking
Source : NCERT
Q6. In the context of Indian economy which of the following is/are the purpose/purposes of 'Statutory Reserve Requirements'?
1. To enable the Central Bank to control the amount of advances the banks can create.
2. To make the people's deposits with banks safe and liquid.
3. To prevent the commercial banks from making excessive profits.
4. To force the banks to have sufficient vault cash to meet their day-to-day requirements.
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Difficulty : Medium
Topic Hierarchy : Economic Development / Reports
Source : Current Affairs
Q7. Which of the following organizations brings out the publication known as 'World Economic Outlook ?
Difficulty : Medium
Topic Hierarchy : Public Finance
Source : NCERT
Q8. With reference to Union Budget, which of the following is/are covered under Non-Plan Expenditure ?
1. Defence expenditure
2. Interest payments
3. Salaries and pensions
4. Subsidies
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Difficulty : Medium
Topic Hierarchy : Money and Banking
Source : NCERT
Q9. If the interest rate is decreased in an economy, it will
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