UPSC CSE 2024 Economy Previous Year Questions

With reference to the Indian economy, "Collateral Borrowing and Lending Obligations" are the instruments of:

The total fertility rate in an economy is defined as:

Consider the following statements:

1. In India, Non-Banking Financial Companies can access the Liquidity Adjustment Facility window of the Reserve Bank of India.

2. In India, Foreign Institutional Investors can hold the Government Securities (G-Secs).

3. In India, Stock Exchanges can offer separate trading platforms for debts.

Which of the statements given above is/are correct?

In India, which of the following can trade in Corporate Bonds and Government Securities?

1. Insurance Companies

2. Pension Funds

3. Retail Investors

Select the correct answer using the code given below:

Consider the following:

1. Exchange-Traded Funds (ETF)

2. Motor vehicles

3. Currency swap

Which of the above is/are considered financial instruments?

With reference to the sectors of the Indian economy, consider the following pairs:

Economic activity: Storage of agricultural produce | Sector: Secondary

Economic activity: Dairy farm | Sector: Primary

Economic activity: Mineral exploration | Sector: Tertiary

Economic activity: Weaving cloth | Sector: Secondary

How many of the pairs given above are correctly matched?

With reference to physical capital in Indian economy, consider the following pairs:

Items: Farmer's plough | Category: Working capital

Items: Computer | Category: Fixed capital

Items: Yarn used by the weaver | Category: Fixed capital

Items: Petrol | Category: Working capital

How many of the above pairs are correctly matched?

With reference to the rule/rules imposed by the Reserve Bank of India while treating foreign banks, consider the following statements:

1. There is no minimum capital requirement for wholly owned banking subsidiaries in India.

2. For wholly owned banking subsidiaries in India, at least 50% of the board members should be Indian nationals.

Which of the statements given above is/are correct?

Consider the following statements:

Statement-I: If the United States of America (USA) were to default on its debt, holders of US Treasury Bonds will not be able to exercise their claims to receive payment.

Statement-II: The USA Government debt is not backed by any hard assets, but only by the faith of the Government.

Which one of the following is correct in respect of the above statements?

Consider the following statements in respect of the digital rupee:

1. It is a sovereign currency issued by the Reserve Bank of India (RBI) in alignment with its monetary policy.

2. It appears as a liability on the RBI's balance sheet.

3. It is insured against inflation by its very design.

4. It is freely convertible against commercial bank money and cash.

Which of the statements given above are correct?

With reference to Union Budget, consider the following statements:

1. The Union Finance Minister on behalf of the Prime Minister lays the Annual Financial Statement before both the Houses of Parliament.

2. At the Union level, no demand for a grant can be made except on the recommendation of the President of India.

Which of the statements given above is/are correct?

Consider the following statements:

Statement-I: India does not import apples from the United States of America.

Statement-II: In India, the law prohibits the import of Genetically Modified food without the approval of the competent authority.

Which one of the following is correct in respect of the above statements?