UPSC  Economics

71. In the context of Indian economy which of the following is/are the purpose/purposes of 'Statutory Reserve Requirements'?
1.To enable the Central Bank to control the amount of advances the banks can create
2.To make the people's deposits with banks safe and liquid
3.To prevent the commercial banks from making excessive profits
4.To force the banks to have sufficient vault cash to meet their day-to-day requirements
Select the correct answer using the code given below.

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

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72. If the interest rate is decreased in an economy, it will

decrease the consumption expenditure in the economy increase the tax collection of the Government increase the investment expenditure in the economy increase the total savings in the economy

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

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74. The sales tax you pay while purchasing a toothpaste is a

tax imposed by the Central Government. tax imposed by the Central Government but collected by the State Government tax imposed by the State Government but collected by the Central Government tax imposed and collected by the State Government

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75. The main objective of the 12th Five-Year Plan is

inclusive growth and poverty reductions inclusive and sustainable growth sustainable and inclusive growth to reduce unemployment Faster, sustainable and more inclusive growth.

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76. What does venture capital mean?

A short-term capital provided to industries A long-term start-up capital provided to new entrepreneurs Funds provided to industries at times of incurring losses Funds provided for replacement and renovation of industries

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77. With reference to Balance of Payments, which of the following constitutes/constitute the Current Account?
1.Balance of trade
2.Foreign assets
3.Balance of invisibles
4.Special Drawing Right
5.elect the correct answer using the code given below.

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

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78. Which of the following organizations brings out the publication known as 'World Economic Outlook'?

The International Monetary Fund The United Nations Development Programme The World Economic Forum The World Bank

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79. India is regarded as a country with "Demographic Dividend". This is due to:

Its high population in the age group below 15 years Its high population in the age group of 15-64 years Its high population in the age group above 65 years Its high total population

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80. Consider the following specific stages of demographic transition associated with economic development :
1. Low birthrate with low death rate
2. High birthrate with high death rate
3. High birthrate with low death rate
4. Select the correct order of the above stages using the codes given below :

1, 2, 3 2, 1, 3 2, 3, 1 3, 2, 1

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