UPSC CAPF AC 2026 Economy Previous Year Questions

In the context of labour market of an economy, consider the following statements:

1. Labour Force Participation Rate is defined as the share of employed and unemployed workers to the total working age population

2. Worker Population Ratio is defined as the share of unemployed workers to the total working-age population.

3. The usual activity status of a person is determined on the basis of the activities pursued by the person during the specified reference period of the last 365 days preceding the date of survey.

Which of the statements given above is/are correct?

What does the term 'Orange Economy' refer to?

Consider the following investments in an economy by a foreign company:

1. Purchase of the ownership of a transport company

2. Setting up a new company to produce transport equipment

3. Acquisition of a Public Sector Unit

4. Building a storage facility to expand the production capacity

Which of the above are examples of brownfield investments?

Match List-I with List-II and select the correct answer using the code given below the Lists

List-I (Interest Rate System of the RBI)
A. Marginal Cost of Funds-based Lending Rate
B. Base rate
C. External Benchmark Lending Rate
D. Benchmark Prime Lending Rate

List-II (Year of Introduction)
1. 2003
2. 2019
3. 2016
4. 2010

Consider the following statements about the Special Drawing Facility (SDF):

1. It makes provision of short-term loans by the RBI to the State Governments/UT Governments against Government Securities.

2. Interest rate charged by the RBI on it is the same as Repo Rate.

3. It can be availed by the State Governments/UT Governments only after exhausting the normal Ways and Means Advances limit.

Which of the statements given above is/are correct?

Consider the following statements in the context of the Union Budget, 2026-27:

1. The Gross Tax Revenue of the Central Government is estimated to be 11.2 percent of the GDP.

2. The Direct Tax Revenue of the Central Government is less than its Indirect Tax Revenue.

3. The Effective Capital Expenditure is lower than the Capital Expenditure.

4. The tariff rate on all dutiable goods imported for personal use will be reduced from 20 percent to 10 percent.

Which of the statements given above is/are correct?