Given below are two statements, one is labelled as Assertion (A) and the other as Reason (R).
Assertion (A) : Food security is necessary even in surplus food production years.
Reason (R) : Starvation can still occur due to unequal distribution and lack of accessibility.
Select the correct answer from the code given below :
Code :
Q2.2024GS1Economic Development
The following lists I and II show the names of Economists/Authors and their books respectively. Match List-I with List-II and choose the correct answer using the codes given below the lists :
List-I (Economist/Author)
A. Myrdal
B. Hirschman
C. Kaldor
D. Adam Smith
List-II (Book)
1. Economic Theory and Under-developed Regions
2. The Strategy of Economic Development
3. Strategic Factors in Economic Development
4. The Wealth of Nations
Q3.2024GS1Economic Development
What does the term "Cereal Yield" refer to ?
1. The amount of cereal crops produced per unit area of harvested land
2. The total production of cereal crops in a given country
Select the correct answer from the codes given below :
Q4.2024GS1Economic Development
According to the Economic Survey, 2022 – 23, what fiscal policy response did the Government of India undertake in response to the aggravated global supply disruptions ?
1. Decreasing food and fertiliser subsidies
2. Increasing taxes on fuel and imported products
3. Reducing taxes on fuel and certain imported products
Select the correct answer from the codes given below :
Q5.2024GS1Economic Development
Given below are two statements, one is labelled as Assertion (A) and the other as Reason (R).
Assertion (A) : Development is being defined as improving living standards and welfare.
Reason (R) : Growth in per capita income is not a sufficient measure of development.
Select the correct answer from the codes given below :
Q6.2024GS1Economic Development
With reference to Economic Growth, which of the following statements is/are correct ? 1. Indian Economy is an Underdeveloped Economy. 2. Indian Economy is a Mixed Economy. 3. J.M. Keynes is the Father of Economics. Select the correct answer from the codes given below :
Q7.2024GS1Economic Development
Given below are two statements, one is labelled as Assertion (A) and the other as Reason (R). Assertion (A) : The value of national currency determined by demand and supply of foreign currency is called flexible exchange rate. Reason (R) : Demand and supply of the foreign currency is being determined by the Central Bank. Select the correct answer from the codes given below :
Q8.2024GS1Economic Development
With reference to India, consider the following events : 1. Nationalisation of Banks 2. Formation of Regional Rural Banks 3. Adoption of villages by Bank Branches Which of the above events can be considered as steps taken to achieve "financial inclusion in India"?
Q9.2023GS1Economic Development
With reference to the scheme wise allocation in the 2023-24 Union Budget, which of the following statement/s is/are correct?
(1) Compared to the previous year, highest percentage of decline has been recorded in the allocation for MGNREGA.
(2) Compared to the previous year, highest percentage of growth has been recorded in the allocation for Jal Jeevan Mission.
Select the correct answer using the code given below –
Code -
Q10.2023GS1Economic Development
Which statement is true for Finance Sector (Fiscal Management) in the Union Budget-2023?
Q11.2023GS1Economic Development
According to Economic Survey 2023 about services, which statement among the following is not correct?
Q12.2023GS1Economic Development
Which one of the following is not true about the total outlay in the Union Budget 2023-24?
Q13.2023GS1Economic Development
Which of the following (Union Budget Departments 2023-24 – Allocation amount approx. ₹) is correctly matched?
Q14.2023GS1Economic Development
Which of the following is not an economic activity?
Q15.2022GS1Economic Development
L.B.S. is one of the economic measures taken by the Government of India for financial inclusion. What is L.B.S. in this context ?
Q16.2022GS1Economic Development
Consider the following statements about farm subsidies in India.
1. The input subsidies in India, such as on fertilizers fall under indirect farm subsidies.
2. Reduction in power and irrigation bills offered to farmers fall under direct farm subsidies.
3. The agricultural provisions of the World Trade Organization (WTO) though allow direct farm subsidies, prohibit indirect subsidies.
4. All subsidies provided by the governments in India fall under the indirect subsidies.
Select the correct statements using the code given below.
Code :
Q17.2022GS1Economic Development
Which of the following statement(s) is/are correct about 'Make in India' Programme ?
1. 'Make in India' Programme was launched in the year 2014.
2. It aims at encouraging companies for manufacturing in India and facilitating investment.
Select the correct answer from the code given below.
Code :
Q18.2021GS1Economic Development
Which among the following is NOT a major factors of economic growth ?
Q19.2021GS1Economic Development
With reference to the 'Capital formation' which of the statements is/are correct ? 1. Process of capital formation depends on savings and effectiveness of financial institutions. 2. Investment is the essential factor of capital formation. Select the correct answer using the codes given below. Codes : (a) Only 1 (b) Only 2 (c) Both 1 and 2 (d) Neither 1 nor 2
Q20.2021GS1Economic Development
Headline inflation refers to the change in value of all goods on the basket. On which basis is the headline inflation measured ?
(a) Wholesale Price Index
(b) Consumer Price Index for Industrial Worker
(c) Combined Consumer Price Index
(d) Urban Consumer Price Index