UPSC  Economics

161. Which one of the following is the correct sequence in the decreasing order of contribution of different sectors to the Gross Domestic Product of India?

Services � Industry � Agriculture Services � Agriculture � Industry Industry � Services � Agriculture Industry � Agriculture � Services

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162. With reference to Balance of Payments, which of the following constitutes/constitute the Current Account? [UPSC, Civil Services 2014, Paper 1]

  1. Balance of trade
  2. Foreign assets
  3. Balance of invisibles
  4. Special Drawing Right
Select the correct answer using the code given below.

1 only 2 and 3 1 and 3 1, 2 and 4

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163. 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 only 2 only Both 1 and 2 Neither 1 nor 2

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164. Disguised unemployment generally means

large number of people remains unemployed alternative employment is not available marginal productivity of labour is zero productivity of workers is low

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165. Economic growth in country X will necessarily have to occur if [UPSC, Civil Services 2013, Paper 1]

there is technical progress in the world economy there is population growth in X there is capital formation in X the volume of trade grows in the world economy

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166. The Multi-dimensional Poverty Index developed by Oxford Poverty and Human Development Initiative with UNDP support covers which of the following?

  1. Deprivation of education, health, assets and services at household level
  2. Purchasing power parity at national level
  3. Extent of budget deficit and GDP growth rate at national level
Select the correct answer using the codes given below:

1 only 2 and 3 only 1 and 3 only 1, 2, and 3

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167. With reference to Union Budget, which of the following is/are covered under Non-Plan Expenditure?

  1. Defence expenditure
  2. Interest payments
  3. Salaries and pensions
  4. Subsidies

Select the correct answer using the code given below.

1 only 2 and 3 only 1, 2, 3 and 4 None of these

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168. Priority Sector Lending by Lending by banks in India constitutes the lending to

Agriculture micro and small enterprises weaker sections All of the above

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169. Supply of money remaining the same when there is an increase in demand for money, there will be

a fall in the level of prices an increase in the rate of interest a decrease in the rate of interest an increase in the level of income and employment

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170. To obtain full benefits of demographic dividend, what should India do?

Promoting skill development Introducing more social security schemes Reducing infant mortality rate Privatization of higher education

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