Civil Service Preliminary Paper-1 Previous Year Solved Questions for the year 2013


11. Consider the following statements:
  1. Inflation benefits the debtors.
  2. Inflation benefits the bond-holders.
Which of the statements given above is/are correct?
  1. 1 only
  2. 2 only
  3. Both 1 and 2
  4. Neither 1 nor 2

12. 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.
  1. 1 only
  2. 1 and 2 only
  3. 2 and 3 only
  4. 1, 2 and 3


13. Which one of the following is likely to be the most inflationary in its effect?
  1. Repayment of public debt
  2. Borrowing from the public to finance a budget deficit
  3. Borrowing from banks to finance a budget deficit
  4. Creating new money to finance a budget deficit


14. The national income of a country for a given period is equal to the
  1. total value of goods and services produced by the nationals
  2. sum of total consumption and investment expenditure
  3. sum of personal income of all individuals
  4. money value of final goods and services produced

15. Disguised unemployment generally means
  1. large number of people remain unemployed
  2. alternative employment is not available
  3. marginal productivity of labour is zero
  4. productivity of workers is low


16. Economic growth in country X will necessarily have to occur if
  1. there is technical progress in the world economy
  2. there is population growth in X
  3. there is capital formation in X
  4. the volume of trade grows in the world economy

17. In India, deficit financing is used for raising resources for
  1. economic development
  2. redemption of public debt
  3. adjusting the balance of payments
  4. reducing the foreign debt


18. To obtain full benefits of demographic dividend, what should India do?
  1. Promoting skill development
  2. Introducing more social security schemes
  3. Reducing infant mortality rate
  4. Privatization of higher education

19) Which of the following leaf modifications occurs/occur in desert areas to inhibit water loss?
  1. Hard and waxy leaves
  2. Tiny leaves or no leaves
  3. Thorns instead of leaves
Select the correct answer using the codes given below.
  1. 1 and 2 only
  2. 2 only
  3. 1 and 3 only
  4. 1, 2 and 3

 

20) Ball bearings are used in bicycles, cars, etc., because
  1. The actual area of contact between the wheel and axle is increased
  2. The effective area of contact between the wheel and axle is increased
  3. The effective area of contact between the wheel and axle is reduced
  4. None of the statements is correct

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