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A rapid increase in the rate of inflation is sometimes attributed to the “base effect”. What is “base effect”? [UPSC Civil Services Exam – 2011 Prelims] (a) It is the impact of drastic deficiency in supply due to failure of crops (b) It is the impact of the surge in demand due to rapid economic […]
In terms of economy, the visit by foreign nationals to witness the XIX Common Wealth Games in India amounted to [UPSC Civil Services Exam – 2011 Prelims] (a) Export (b) Import (c) Production (d) Consumption Answer: (a) Explanation: Exports are goods and services that are produced in one country and sold to buyers in another. […]
Both Foreign Direct Investment (FDI) and Foreign Institutional Investor (FII) are related to investment in a country. Which one of the following statements best represents an important difference between the two? [UPSC Civil Services Exam – 2011 Prelims] (a) FII helps bring better management skills and technology, while FDI only brings in capital (b) FII helps […]
Consider the following actions which the Government can take: Devaluing the domestic currency. Reduction in the export subsidy. Adopting suitable policies which attract greater FDI and more funds from FIls. Which, of the above action/actions can help in reducing the current account deficit? [UPSC Civil Services Exam – 2011 Prelims] (a) 1 and 2 (b) […]
Regarding the International Monetary Fund, which one of the following statements is correct? [UPSC Civil Services Exam – 2011 Prelims] (a) It can grant loans to any country (b) It can grant loans to only developed countries (c) It grants loans to only member countries (d) It can grant loans to the central bank of […]
Why is the Government of India disinvesting its equity in the Central Public Sector Enterprises (CPSEs)? The Government intends to use the revenue earned from the disinvestment mainly to pay back the external debt. The Government no longer intends to retain the management control of the CPSEs. Which of the statements given above is/ are […]
In India, which of the following have the highest share in the disbursement of credit to agriculture and allied activities? [UPSC Civil Services Exam – 2011 Prelims] (a) Commercial Banks (b) Cooperative Banks (c) Regional Rural Banks (d) Microfinance Institutions Answer: (a) Explanation: Within the agriculture sector the allied sectors like horticulture, animal husbandry, dairy […]
What is/are the recent policy initiative(s) of Government of India to promote the growth of manufacturing sector? Setting up of National Investment and Manufacturing Zones Providing the benefit of ‘single window clearance’ Establishing the Technology Acquisition and Development Fund. Select the correct answer using the codes given below: [UPSC Civil Services Exam – 2012 Prelims] […]
In India, in the overall Index of Industrial Production, the Indices of Eight Core Industries have a combined weight of 37.90%. Which of the following are among those Eight Core Industries? Cement Fertilizers Natural Gas Refinery products Textiles Select the correct answer using the codes given below [UPSC Civil Services Exam – 2012 Prelims] (a) […]
Consider the following statements: The price of any currency in international market is decided by the World Bank Demand for goods/services provided by the country concerned Stability of the government of the concerned country Economic potential of the country in question. Select the correct answer using the codes below: [UPSC Civil Services Exam – 2012 […]