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 : Welface/Social Schemes
Resource : Current Affairs
Q1. 'Pradhan Mantri Jan-Dhan Yojana' has been launched for
Difficulty : Medium
Topic Hierarchy : Public Financing
Resource : Current Affairs
Q2. With reference to the Fourteenth Finance Commission, which of the following statements is/are correct?
1. It has increased the share of States in the central divisible pool from 32 percent to 42 percent.
2. It has made recommendations concerning sector-specific grants.
Select the correct answer using the code given below.
Difficulty : Medium
Topic Hierarchy : National Income Accounting
Resource : NCERT
Q3. A decrease in tax to GDP ratio of a country indicates which of the following?
1. Slowing economic growth rate
2. Less equitable distribution of national income
Select the correct answer using the codes given below.
Difficulty : Medium
Topic Hierarchy : Sectors of Economy > Manufacturing
Resource : Economic Survey
Q4. In the 'Index of Eight Core Industries', which one of the following is given the highest weight?
Difficulty : Medium
Topic Hierarchy : Sectors of Economy > Agriculture
Resource :
Q5. The Fair and Remunerative Price (FRP) of surgarcane is approved by the
Difficulty : Medium
Topic Hierarchy : Money and Banking
Resource : NCERT
Q6. When the Reserve Bank of India reduces the Statutory Liquidity Ratio by 50 basis points, which of the following is likely to happen ?
Difficulty : Medium
Topic Hierarchy : Sectors of Economy > Agriculture
Resource :
Q7. In India, markets in agricultural products are regulated under the
Difficulty : Medium
Topic Hierarchy : Balance of Payments
Resource : NCERT
Q8. Convertibility of rupee implies
Difficulty : Medium
Topic Hierarchy : Public Financing
Resource :
Q9. With reference to the Union Government, consider the following statements:
1. The Department of Revenue is responsible for the preparation of Union Budget that is presented to the Parliament.
2. No amount can be withdrawn from the Consolidated Fund of India without the authorization from the Parliament of India.
3. All the disbursements made from Public Account also need the authorization from the Parliament of India.
Which of the statements given above is/are correct?
Difficulty : Medium
Topic Hierarchy : Sectors of Economy > Agriculture
Resource :
Q10. Consider the following statements:
1. The Accelerated Irrigation Benefits Programme was launched during 1996-97 to provide loan assistance to poor farmers.
2. The Command Area Development Programme was launched in 1974-75 for the development of water-use efficiency.
Which of the statements given above is/are correct?
Difficulty : Medium
Topic Hierarchy : Money and Banking
Resource : Current Affairs
Q11. 'Basel III Accord' or simply 'Basel III' often seen in the new, seeks to
Difficulty : Medium
Topic Hierarchy : National Income Accounting
Resource : NCERT
Q12. With reference to Indian economy, consider the following statements:
1. The rate of growth of Real Gross Domestic Product has steadily increased in the last decade.
2. The Gross Domestic Product at market prices (in rupees) has steadily increased in the last decade.
Which of the statements given above is/are correct?
Difficulty : Medium
Topic Hierarchy : Money and Banking
Resource : NCERT
Q13. With reference to Indian economy, consider the following:
1. Bank rate
2. Open market operations
3. Public debt
4. Public Revenue
Which of the above is/are component/components of Monetary Policy?
Difficulty : Medium
Topic Hierarchy : Money and Banking
Resource : NCERT
Q14. With reference to inflation in India, which of the following statements is correct?
Difficulty : Medium
Topic Hierarchy : Sectors of Economy > Agriculture
Resource :
Q15. The substitution of steel for wooden ploughs in agricultural production is an example of
Difficulty : Medium
Topic Hierarchy : Balance of Payments
Resource :
Q16. The problem of international liquidity is related to the nonavailability of
Difficulty : Medium
Topic Hierarchy : Sectors of Economy > Agriculture
Resource : Current Affairs
Q17. Which one of the following best describes the main objective of 'Seed Village Concept'?
Difficulty : Medium
Topic Hierarchy : Public Finance
Resource : NCERT
Q18. There has been a persistent deficit budget year after year. Which of the following actions can be taken by the government to reduce the deficit?
1. Reducing revenue expenditure
2. Introducing new welfare schemes
3. Rationalizing subsidies
4. Expanding industries
Select the correct answer using the code given below.
Topic wise distribution :
Resource wise distribution :
Difficulty wise distribution :
By @shriyansh , 4 years ago . 9755 views
By @shriyansh , 4 years ago . 4594 views
By @shriyansh , 3 years ago . 1411 views
By @shriyansh , 3 years ago . 934 views
By @shriyansh , 3 years ago . 893 views
By @shriyansh , 3 years ago . 1538 views