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This section includes 7 InterviewSolutions, each offering curated multiple-choice questions to sharpen your Current Affairs knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
Global capital-flows to developingcountries increased significantly duringthe nineties. In view of the East Asianfinancial crisis and Latin Americanexperience, which type of inflow isgood for the host country?1).Commerical loans2). Foreign Direct Investment3). Foreign Portfolio Investment4). External Commercial Borrowings |
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| 2. |
India's foreign trade policy be bestdescribed as1). Free trade2).Controlled free trade3). Laizzez faire4). None of these |
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| 3. |
Free Trade Policy refers to a policywhere there is :1). absent of tariff2). restriction on the movement ofgoods3). existence of anti-dumping policy4).encouragement for balances growth |
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| 4. |
What is the mainstay of Indian economy ?1). Manufacturing 2).BusineSS3). Public sector4).Agriculture |
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| 5. |
AoA in context with World TradeOrganization is ___?1). Article of Association2). Agreement on Agriculture3). Agreement on Association4). Administration of Agriculture |
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| 6. |
Which one among the following is anappropriate description of deflation?1). it is a sudden fall in the value of acurrency against other currencies2). It is a persistent recession in theeconomy3).It is a persistent fall in the generalprice level of goods and services4).It is fall in the rate of inflationover a period of time |
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| 7. |
1). 1 only2). 2 only3). Both 1 and 24). Neither 1 nor 2 |
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| 8. |
1). 1 only 2). 2 and 3 only3). 3 only 4).4 only |
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| 9. |
Which of the following is not anargument for protectionism?1).To protect infant industries2). To increase the level of imports3). to protect strategic industries4). To improve the balance of payment |
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| 10. |
Which among the following rate(s) is/are is not controlled by the ReserveBank of India directly?1). CRR2). Reverse repo rate3). Repo rate4). WPi |
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| 11. |
How could RBI reduce the moneysupply in the market?1).borrowing money from commercialbanks2).buying government securities3). selling government securities 4). None of the given choice |
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| 12. |
Which of the following can be termedas infrastructural bottleneck in thedevelopment of India's economy?1).Existence of a large variety offinancial institutions2). The federal nature of Indian policy3). The volatility of the Indian rupee4). Delay in the administration of justice |
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| 13. |
The 2016 India-US EconomicSummit will be held in which of thefollowing cities?1). Mumbai2).Chandigarh3).New Delhi4).Bengaluru |
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| 14. |
Dumping in the context of internationaltrade refers to :1).Exporting goods at prices below thecost of production2).Exporting goods of inferior quality3).Exporting goods only to re-importthem at cheaper rates4).Exporting goods without payingappropriate taxes in the receivingcountry |
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| 15. |
An underdeveloped economy ischaracterized by1). High per capita real income2). Large proportion of labor force inthe tertiary sector3). State of deprivation of largeproportion of population4).All the above |
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| 16. |
The National Manufacturing Policyaims to raise the Share of manufacturingin GDP is?1). 22 Percent 2). 40 Percent3). 35 Percent 4). 20 Percent |
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| 17. |
Who among the following headsthe Genetic Engineering ApprovalsCommittee (GEAC) in India?1). Minister of Environment & Forests2). Minister of Science and Technology3).Minister of Agriculture4). None of them |
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| 18. |
1). II & III 2). Only I 3).I & II4). All the above |
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| 19. |
What is the rank of India among theworld's Top-Ten largest manufacturing countries in the United Nations IndustrialDevelopment Organization (UNIDO) 2015 Year book report? 1).Fourth2). Fifth3). Sixth4). Seventh |
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| 20. |
Microeconomics deals with the1). Allocation of resources of theeconomy as between productionof different goods and services2).Determination of prices ofgoods and services3). Behaviour of industrial decisionmakers4).All of the above |
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| 21. |
Afghanistan is working with whichcountry to create a joint air corridorto enhance bilateral trade?1). USA 2). India3). Pakistan4). China |
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| 22. |
What is the India's rank in terms ofForeign Direct Investment (FDI) inflows, as per the latest 2016 World InvestmentReport?1). 15th2). 11th3). 10th4). 19th |
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| 23. |
In 1982, the Rural Planning and CreditCell (RPCC) of Reserve Bank of Indiawas merged to which of the followingbanks?1). SIDBI 2).NABARD3). IDBI 4).RRB |
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| 24. |
What is the main motive of thegovernment behind having a dual pricesystem & setting up of fair price shops?1).To demote speculation and hoarding2). To incentivise the trading ofessential commodities3).To eliminate the monopoly of thetraders and speculators4).To make the essential commoditiesavailable to the weaker sections ofthe society |
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| 25. |
1). 1 only 2). 2 only3).Both 1 and 24). Neither 1 nor 2 |
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| 26. |
Which one of the following agenciesof Indian Government implements theprice support scheme (PSS)?1). FCI2).NAFED3). Agriculture pricing agency of India4). None of the above |
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| 27. |
Which among the following is anexample of Green Field Investment?1). Investment made by a real estatecompany in agriculture land todevelop it later when the land pricesincrease2). Investment made by a company ina new factory complex in a remoteland of the country where there wasno facilities3). Investment made by a companyto clean up a cement factorylocated in populated area becauseof its pollution and using it for acommercial office purpose4). Investment made by a companyto clean up a cement factory located in populated area becauseof its pollution and using it for aresidential purpose |
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| 28. |
In India, which of the following hasthe highest share in the disbursementof credit to agriculture and alliedactivities?1).Commercial Banks2). Co-operative Banks3). Regional Rural Banks4).Microfinance Institutions |
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| 29. |
Which one of the following agenciesassigns the Agricultural Income Tax tostates in India?1). National Development Council2). Inter – State council3). Agriculture Finance Corporation4).Finance commission |
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| 30. |
1). 1, 2, 3 and 42).1, 3 and 43). 4 only 4).2, 3 and 4 |
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| 31. |
Which one of the following five yearplans has the highest growth rate inAgriculture sector in India ?1).Sixth Five Year Plan2). Seventh Five Year Plan3). Eighth Five Year Plan4). Ninth Five Year Plan |
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| 32. |
What is the meaning of Grossbudgetary support:1).expenditure in budget on socialschemes2). Centre’s contribution to budget3). assistance provided by the Centreto five year plan4).None of the given choices |
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| 33. |
Seeking to boost manufacturing sector,Govt, has extended the benefits of theNMP throughout the country whereverindustry can organise itself into clustersand adopt a selfregulatory model. Whatdoes NMP stand for?1).National Marketing Policy2).National Manufacturing Policy3).National Maintenance Policy4). National Manufacturing Practice |
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| 34. |
Which of the following is not one ofthe features of the Special EconomicZones (SEZ) being set up forpromoting exports ?1). The SEZ area will be treatedas foreign territory for tradeoperations, duties and tariff2). No licence is required for importinto the zone.3). Foreign workers will beallowed free entry without visarestrictions.4).There will be no routineexamination by customs authorities |
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| 35. |
1).A -> 4 ; B -> 1 ; C -> 2 ; D -> 32).A -> 4 ; B -> 2 ; C -> 1 ; D -> 33).A -> 2 ; B -> 3 ; C -> 4 ; D -> 14). A -> 2 ; B -> 1 ; C -> 4 ; D -> 3 |
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| 36. |
Recently, a Central Public Sector Undertaking (CPSU) named Hospital Services Consultancy Corporation (HSCC) has been given the status of Miniratna Company. Who is the CMD of HSCC?1).Gyanesh Pandey2).Sumekh Gupta3).Gaurang Chawla4).Rahul Tiwari |
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| 37. |
1). 1 only2). 2 only3).3 only4).All of the Above |
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| 38. |
With reference to inflation in India,which of the following statements iscorrect?1). Controlling the inflation inIndia is the responsibility of theGovernment of India only2). The Reserve Bank of India has norole in controlling the inflation3).Decreased money circulationhelps in controlling the inflation4).Increased money circulationhelps in controlling the inflation |
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| 39. |
1). 1 only 2).2 only3). Both 1 and 2 4). Neither 1 nor 2 |
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| 40. |
1). 1 and 3 2). 1, 2 and 33). 1, 3 and 44). All of them |
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| 41. |
Which of the following could be acause of demand inflation?1). An increase in the cost of labour2).An increase in domestic interestrates3). An increase in the level ofconsumer spending4).An increase in import prices,resulting from a depreciating dollar |
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| 42. |
1). 2 only 2). 1 and 33).2 and 34). none |
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| 43. |
1). 1 only 2).2 and 43). 1 and 3 4). 2, 3 and 4 |
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| 44. |
Who are the lenders in the case ofcollateral loans?1). Asset Management Companies2). Banks3). Insurance Companies4).Credit Rating Agencies |
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| 45. |
1).I & II 2).II & III3). Only III4). None of These |
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| 46. |
Which of the following statesannounced its "Agri Business Policy2016"?1). Haryana2). Uttar Pradesh3). Punjab4). Gujarat |
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| 47. |
Which of the following is NOT a typeof economic system?1). command economy2).free market economy3).public market economy4). traditional economy |
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| 48. |
Which of the following Indianorganizations has called for restartingnegotiations for India's Free TradeAgreements with UK and EuropeanUnion (EU)?1). NABARD 2).RBI3).SEBI4). None of These |
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| 49. |
Which one of the following is not includedin the list of Maharatna CPSEs?1). Bharat Heavy Electricals Limited2). Coal India Limited3). GAIL (India) Limited4). Hindustan Petroleum CorporationLimited |
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| 50. |
1). I & II 2). Only IV3). I, III & IV 4). All the above |
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