Saturday 12 July 2014

TNPSC Group I Exam-Previous Year Question Paper-Subject wise Analysed Questions-Economics-Part 2

TNPSC Group I Exam-Previous Year Question Paper-Subject wise Analysed Questions-Economics-Part 2

26.       Consider the following statements:

Assertion (A)   :  Increased spending on civil administration and and defense expenditure in India’s national   Income is an unwelcome feature.
Reason (B)   :  The contribution of these sectors does not  generate durable income yielding assets to  the country.
            Now select your answer according to the coding scheme
given below:
 A)   Both (A) and (R) are true, but (R) is not the correct explanation of (A)   
B)    Both (A) and (R) are true and (R) is the correct explanation of (A)
C)    (A) and (R) are false                       
D)    (A) is true, but (R) is false







            Answer : (B)



TNPSC Group I Exam-Economics-2009







27.       SEBI of the introduced rolling settlement for selected shares
            under the method
            A)        all shares have to be paid for on the day of purchase
B)        purchase has to make advance payment for the share
C)        purchase can be set off against sales
D)        payment has to be settled at the end of 5th day







            Answer : (D)







28.       Match List I with List II correctly and select your answer using
            the codes given below:
                                    List - I                         List - II
                        a)         IFCI                                         1.  1955
                        b)         ICICI                                       2.  1964
                        c)         IDBI                                        3.  1948
                        d)         EXIM Bank                            4.  1917

Codes :
            a          b          c          d
A)        4          3          2          1
B)        3          2          4          1
C)        3          1          2          4
D)        2          3          4          1







            Answer : (C)







29.       Consider the following statements :
            I.          The expansion of the public sector was based on Industrial
                        Policy Resolution, 1956.
            II.         Govt. has announced New Industrial Policy in July, 1991
III.        Govt. has not announced any industrial policy at all.

Of the statements :
A)        I alone is correct                   b)         II alone is correct
C)        I and II are correct                d)         All are correct







            Answer : (C)







30.       Which one of the following is correctly matched?
            A)        Industrial policy statement             -  2002
            B)        Report on the committee
                        on disinvestment of shares
                        (Rangarajan Committee)                -  1987
            C)        Common Minimum Programme
                        of United Front Govt.                         -  1996
            D)        Start of tenth Five-Year plan          -  2005







Answer : (C)







31.       The major emphasis in the First -Five -Year plan was on
            A)        employment generation
B)        agriculture
C)        export promotion
D)        industry







            Answer : (B)







32.       The Deputy Chairman of planning commission
            A)        is the Prime Minister
B)        is the Planning Minister
C)        holds the rank of a cabinet minister
D)        is an economist of repute







            Answer : (C)







33.       Today India’s external debt is (2001 figures)
            A)        $ 98.4 billion             B)        $151.8 billion
C)        $ 61 billion                D)        $ 98.87 billion







            Answer : (A)







34.       On which of the following bases has the planning Commission
            defined poverty in India
            A)        24000 k. cals             B)        1800 k. cals
C)        2500 k. cals               D)        2600 k. cals







            Answer : (A)







35.       What was the population of India as per the 2001 census?
            A)        102.7 crores              B)        104.3 crores
C)        101. 2 crores             D)        108.1 crores







            Answer : (B) 

TNPSC Group I Exam- Economics-2007







36.       The controller of Insurance is at present
            A)        Finance Secretary
B)        Deputy Governor, RBI
C)        Chairman, GIC
D)        Chairman, IRDA







            Answer : (D)







37.       At present the expenditure on Government (both Central and state) as a percentage of GDP is
            A)        5 %                             B)        17%
C)        24%                            D)        30%







            Answer : (C)







38.       The sex ratio of India as per 2001 Census was
            A)        935                             B)        929
C)        933                             D)        930







            Answer : (C)







39.       The state which has the lowest record of Infant Mortality Rate is
            A)        Tamil Nadu                 B)        Uttar Pradesh
C)        Kerala                        D)        Madhya Pradesh







            Answer : (C)







40.       Demographic pressure acts as a push factor in
            A)        migration
B)        financial assistance
C)        economic growth
D)        none of these







            Answer : (A)







41.       Dr. Raja J. Chelliah Tax Reforms Committee was set up in
            A)        August, 1990                B)        September, 1992
C)        August, 1991                D)        June, 1993







            Answer : (C)







42.       When was the New Industrial Policy announced?
            A)        July, 1991                              B)        June, 1992
C)        October,1996                        D)        January, 1994







            Answer : (A)







43.       The incidence of poverty can be computed from
            A)        NAS data on national accounts                           
B)        NSS data on consumption of expenditure
C)        Both (A) and (B)
D)        None of these







            Answer : (B)







44.       The World Conference on Human Environment was held on
            A)        1970                           B)        1972
C)        1981                           D)        1985







            Answer : (B)







45.       Which committee has recommended the establishment of National Co-operative Bank of India?       
            A)        Narasimhan Committee                 
B)        A.M. Khustro Committee
C)        Indian Co-operative Committee
D)        Rangarajan Committee







            Answer : (B)







46.       The RBI was inaugurated in April 1935 with a share capital of
            A)        15 crores                                B)        5 crores
C)        10 crores                                D)        7 crores







            Answer : (B)







47.       The UTI was formally established in
            A)        February, 1974           B)        February, 1964
C)        March, 1970              D)        December, 1960







            Answer : (B)







48.       The Million Wells Scheme was launched as a sub-scheme for
            A)        Jawahar Gram Samriddhi Yojana
B)        Swarna Jayanti Gram Swarojgar Yojana
C)        National Rural Employment Programme
D)        Employment Guarantee Scheme







            Answer : (C)







49.       Dr. L.C. Gupta Committee was appointed to look into the  working of
            A)        Stock exchange
B)        Insurance companies
C)        Commercial banks
D)        Development finance institution







            Answer : (A)







50.       Under which provision of the Article of the Constitution, the President is required to appoint Finance Commission?
            A)        Article 320                             B)        Article 280
C)        Article 356                             D)        Article 325








            Answer: (B)

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