1. According to GOI
disinvestment policy, the term strategic sale of PSU means
(a) Majority stake issued to strategic sectors like Defence
(b) Sale of share of
Defence PSUs
(c) Sale of stake along
with management
(d) Majority stake issued to PSUs
2. With reference to TRIPS
agreement of WTO, consider the following provisions provided for developing
countries:
1. Parallel imports is a
provision provided for these nations to import drugs at a cheaper rate in
certain situations
2. Compulsory licensing
allows a government to temporarily override a patent, to produce generics when
faced with a public health problem
3. Only product patent can be
issued to food, drugs, chemicals, for a period of 20 years
4. India ratified
TRIPS agreement
Which of the above provisions are true?
(a) 1, 2
(b) 2, 3, 4
(c) 1, 2, 3
(d) All the above
3. Consider the following
statements:
1. Disinflation is a
phenomena of fall in price level
2. Reflation is to counter
deflation
3. Core inflation is nothing
but inflation excluding inflation in services
4. Stagflation is an
inflation in a stagnated economy
(a) 1, 3, 4 correct
(b) 2, 4 correct
(c) 1, 3 correct
(d) 1, 4 correct
4. Consider the following
taxes
1. Sales tax
2. Value-added tax
3. Property tax
Which of the taxes given above is/are Advalorem tax/taxes?
(a) 1 and 2
(b) 1 and 3
(c) 2 and 3
(d) All of these
5. ‘Other liabilities’ of the
Central Government of India include outstandings against which one of the
following?
(a) Small saving schemes
(b) Securities issued to Industrial Development Bank of India ,
Unit Trust of India and nationalized banks
(c) Deposits under the special deposit schemes
(d) All of the above
6. With respect to the latest
budget which of the following statements are correct
1. Pradhanmantri Gram Sinchai
Yajana to promote rural development through development of cottage industries
2. Parampraghat Krishi vikas
yojana is to promote organic cultivation
3. MUDRA is to promote
lending for agriculture.
4. JAM trinity, to promote
direct benefit transfer
(a) 1, 3, 4
(b) 2, 3, 4
(c) 2, 4
(d) All the above
7. Consider the following
statements:
1. Liquidity trap is a
situation where any decrease in the repo rates will not affect liquidity
situation in the market
2. Crowding out means
government taking the money from market leaving less space for the private institutions
3. Sweat shares are those
shares given to the existing share holders in substitute for profit.
4. Initial public offer and
follow up public offer both include new shares IAS
(a) Only 4 is false
(b) Only 2 is false
(c) Only 3 is false
(d) All are true
8. Consider the following
statements:
1. High fiscal deficit might
lead to crowding out effect in the economy
2. WMAs replaced Adhoc
treasury bills since 1997
3. High fiscal deficit might
dampen savings
4. The debt of government includes
outstandings against provident funds
(a) 1, 2, 3 correct
(b) 2, 3, 4 correct
(c) 1, 2, 4 correct
(d) All the above are correct
9. Consider the following
statements:
1. Fringe benefits are
usually enjoyed collectively by the employees
2. Pump priming is nothing
but deficit financing and spending by government
3. Effective revenue deficit
is less than revenue deficit
4. Money printed by RBI is
called high powered money
(a) 1, 2, 3 correct
(b) 2, 3, 4 correct
(c) 1, 3, 4 correct
(d) All the above are correct
10. Consider the following
statements:
1. Foreign Currency
Convertible Bonds are issued in currencies different from the issuing company’s
domestic currency.
2. Foreign Currency
Convertible Bonds are quasi-debt instruments and tradable on the primary
capital market.
Which of the statements given above is/are correct?
(a) Only 1
(b) Only 2
(c) Both 1 and 2
(d) Neither 1 nor 2
11. Consider the following
statements:
1. Tax expenditure refers to
revenue foregone as a result of exemptions and concessions
2. Tax Buoyancy is a measure
of revenue growth in response to growth in GDP
3. Central Sales Tax is
levied, collected and appropriated by central government
4. Direct Taxes help in
income redistribution
(a) 1, 2, 4 correct
(b) 2, 3, 4 correct
(c) 1, 3, 4 correct
(d) All the above
12. Consider the following
components of the PURA model of economic development
1. Facilitate road
connectivity in villages.
2. Enhancement of electricity
in rural areas of
3. Establishment of cyber
café in villages
4. Construction of hospital
in rural areas.
Which of the components given above is/are the major connectivity
formulated by the PURA model?
(a) 1 and 4
(b) 1, 2 and 4
(c) 1, 2 and 3
(d) 1, 2, 3 and 4
13. Match the following
List-I List-II
A. ISO 9001 1. Quality Management Systems
Certification
B. ISO 14001 2. Environmental Management Systems
Certification
C. ISO 18001 3. Occupational Health and Management
Systems Certification
D. ISO 22000 4. Food Safety Management
A B C D E
(a) 1 2 3 4 5
(b) 2 1 4 5 3
(c) 5 4 3 1 2
(d) 3 2 4 5 1
14. Consider the following
statements with respect to GST
1. Reduces cascading effect
2. Is a comprehensive
indirect tax
3. Aimed at forging a common
domestic market
4. Alcohol and petroleum are
exempted from GST
(a) 1, 2, 3 correct
(b) 2, 3 correct
(c) 2, 3, 4 correct
(d) All the above
15. Consider the following statements:
1. FSLRC was set up to comprehensively review and redraw the
legislations governing India ’s
financial system
2. FSLRC recommended Independent debt management agency
3. It drafted Indian Financial code.
4. Narasimhan – I Committee recommended to come up with Monetary
policy review frame work agreement between GOI and RBI
(a) 1, 2, 4 correct
(b) 2, 3, 4 correct
(c) 1, 2, 3 correct
(d) All the above
0 Comments
Post a Comment