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http://insightsonindia.com INSIGHTS Page 1 INSIGHTS ON INDIA MOCK PRELIMINARY EXAM - 2015 INSIGHTS ON INDIA MOCK TEST - 11 GENERAL STUDIES PAPER-I Time Allowed: 2 Hours Maximum Marks: 200 INSTRUCTIONS 1. IMMEDITELY AFTER THE COMMENCEMENT OF THE EXAMINATION, YOU SHOULD CHECK THAT THIS TEST BOOKLET DOES NOT HAVE ANY UNPRINTED OR TORN OR MISSING PAGES OR ITEMS, ETC. IF SO, GET IT REPLACED BY A COMPLETE TEST BOOKLET. 2. You have to enter your Roll Number on the Test Booklet in the Box provided alongside. DO NOT Write anything else on the Test Booklet. 4. This Test Booklet contains 100 items (questions). Each item is printed only in English. Each item comprises four responses (answers). You will select the response which you want to mark on the Answer Sheet. In case you feel that there is more than one correct response, mark the response which you consider the best. In any case, choose ONLY ONE response for each item. 5. You have to mark all your responses ONLY on the separate Answer Sheet provided. See directions in the Answer Sheet. 6. All items carry equal marks. 7. Before you proceed to mark in the Answer Sheet the response to various items in the Test Booklet, you have to fill in some particulars in the Answer Sheet as per instructions sent to you with your Admission Certificate. 8. After you have completed filling in all your responses on the Answer Sheet and the examination has concluded, you should hand over to the Invigilator only the Answer Sheet. You are permitted to take away with you the Test Booklet. 9. Sheets for rough work are appended in the Test Booklet at the end. 10. Penalty for wrong answers : THERE WILL BE PENALTY FOR WRONG ANSWERS MARKED BY A CANDIDATE IN THE OBJECTIVE TYPE QUESTION PAPERS. (i) There are four alternatives for the answer to every question. For each question for which a wrong answer has been given by the candidate, one-third of the marks assigned to that question will be deducted as penalty. (ii) If a candidate gives more than one answer, it will be treated as a wrong answer even if one of the given answers happens to be correct and there will be same penalty as above to that question. (iii) If a question is left blank, i.e., no answer is given by the candidate, there will be no penalty for that question. http://www.insightsonindia.com INSIGHTS ON INDIA MOCK TEST SERIES FOR CIVIL SERVICES PRELIMINARY EXAM 2015

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Page 1: INSIGHTS ON INDIA MOCK PRELIMINARY EXAM - 2015 …€¦ · INSIGHTS ON INDIA MOCK PRELIMINARY EXAM - 2015 INSIGHTS ON INDIA MOCK TEST ... political philosopher and historian ... By

http://insightsonindia.com INSIGHTS Page 1

INSIGHTS ON INDIA MOCK PRELIMINARY EXAM - 2015

INSIGHTS ON INDIA MOCK TEST - 11 GENERAL STUDIES

PAPER-I Time Allowed: 2 Hours Maximum Marks: 200

INSTRUCTIONS 1. IMMEDITELY AFTER THE COMMENCEMENT OF THE EXAMINATION, YOU SHOULD

CHECK THAT THIS TEST BOOKLET DOES NOT HAVE ANY UNPRINTED OR TORN OR MISSING PAGES OR ITEMS, ETC. IF SO, GET IT REPLACED BY A COMPLETE TEST BOOKLET.

2. You have to enter your Roll Number on the Test Booklet in the Box provided alongside. DO NOT Write anything else on the Test Booklet.

4. This Test Booklet contains 100 items (questions). Each item is printed only in English. Each item comprises four responses (answers). You will select the response which you want to mark on the Answer Sheet. In case you feel that there is more than one correct response, mark the response which you consider the best. In any case, choose ONLY ONE response for each item.

5. You have to mark all your responses ONLY on the separate Answer Sheet provided. See directions in the Answer Sheet.

6. All items carry equal marks.

7. Before you proceed to mark in the Answer Sheet the response to various items in the Test Booklet, you have to fill in some particulars in the Answer Sheet as per instructions sent to you with your Admission Certificate.

8. After you have completed filling in all your responses on the Answer Sheet and the examination has concluded, you should hand over to the Invigilator only the Answer Sheet. You are permitted to take away with you the Test Booklet.

9. Sheets for rough work are appended in the Test Booklet at the end. 10. Penalty for wrong answers :

THERE WILL BE PENALTY FOR WRONG ANSWERS MARKED BY A CANDIDATE IN THE OBJECTIVE TYPE QUESTION PAPERS.

(i) There are four alternatives for the answer to every question. For each question for which a wrong answer has been given by the candidate, one-third of the marks assigned to that question will be deducted as penalty.

(ii) If a candidate gives more than one answer, it will be treated as a wrong answer even if one of the given answers happens to be correct and there will be same penalty as above to that question.

(iii) If a question is left blank, i.e., no answer is given by the candidate, there will be no penalty for that question.

http://www.insightsonindia.com

INSIGHTS ON INDIA MOCK TEST SERIES FOR CIVIL SERVICES PRELIMINARY EXAM 2015

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1. Which of the following can be said to be

legacy of colonialism in India?

1. Tribals not being allowed in forest

pastoral lands

2. Growth of rationality and a scientific

temper in the masses

3. Indian police system

Choose the correct answer using the codes below:

a) 1 and 2

b) 2 and 3

c) 1 and 3

d) All of the above

2. Consider the following statements:

1. Sanskrit works on astronomy,

mathematics and medicine had been

translated into Arabic fifth century

onwards

2. Al-Biruni’s book Rihla deals

extensively with the Hindu culture in

the region of then Punjab

Which of the above statements is/are correct?

a) 1 Only

b) 2 Only

c) Both

d) None

3. Interest rate differential between two

countries in the short-run can result in

1. Change of investment flows across

these two nations

2. Change in exchange rate of these two

countries

3. Change in trade flows across these

nations

Choose the correct answer using the codes

below:

a) 1 and 2 only

b) 1 and 3 only

c) 2 and 3 only

d) All of the above

4. Which of the following were involved in

reducing or eliminating unjust social

discrimination in pre-colonial India?

1. Buddhism

2. Bhakti movement

3. Sufi movement

Choose the correct answer using the codes below:

a) 1 and 2

b) 2 and 3

c) 1 and 3

d) All of the above

5. Which of the following is/are NOT

associated with the cause of women social

reform movements in India?

1. All India Muslim Ladies Conference

2. Arya Samaj in Punjab

3. Pandita Ramabai

Choose the correct answer using the codes below:

a) 1 and 2

b) 2 only

c) 1 and 3

d) All are associated

6. The concept of ‘Participatory democracy’

in play can be seen in which of the

following bodies?

1. Gram Sabha

2. State Legislative assembly

3. District Planning Committee

Choose the correct answer using the codes below:

a) 3 only

b) 1 and 3

c) 1 only

d) All of the above

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7. Consider the following statements about

Revenue expenditure.

1. It is provided for in every annual

budget of the government.

2. Some part of revenue expenditure may

be used for creation of physical assets.

3. Interest payments on debt incurred by

the government do NOT form part of

revenue expenditure.

Choose the correct answer using the codes below:

a) 1 and 2 only

b) 2 and 3 only

c) 1 and 3 only

d) All of the above

8. In Germany, renewable energy-based

electricity generation has crossed 25 per

cent of the gross electricity produced.

Which of the following is the major source

of its renewable energy production?

a) Onshore wind energy

b) Offshore wind energy

c) Solar energy

d) Geothermal energy

9. Consider the following statements:

1. Ibn Battuta was lured by his reputation

as a generous patron of arts and

letters, and he set off for Delhi, passing

through Multan and Uch

2. Ibn Battuta was ordered in 1342 to

proceed to China as the Sultan’s envoy

to the Mongol ruler

In the above statements, the Sultan refers to

a) Muhammad Ghazni

b) Ghiyath al-Din Muhammad

c) Muhammad bin Tughlaq

d) None of the above

10. Which of the following would most

clearly reflect the international

competitiveness of the Indian economy?

a) Nominal effective Exchange Rate

(NEER)

b) Real Effective Exchange Rate (REER)

c) Real Exchange Rate (RER)

d) Nominal Exchange Rate (NER)

11. Which of the following can be said to be

the sources of the core values of the Indian

constitution?

1. Karachi session of Congress, 1931

2. Cabinet Mission Plan 1946

3. 1916 Lucknow Pact

Choose the correct answer using the codes

below:

a) 3 only

b) 1 and 3

c) 1 only

d) All of the above

12. When the constitution was finalised

panchayats did not find a mention in it in

compulsory provisions. Which of the

following can be cited as the most

appropriate reason among the following?

a) Local elites and upper castes were so

well entrenched in society that local

self-government only meant a

continuing exploitation of the

downtrodden masses of Indian society

b) There was a fierce opposition in the

Constituent assembly that panchayats

as self-governing bodies will collapse

immediately on establishment

c) It was difficult to monitor the activities

of the local bureaucracy from the

Centre

d) In a federal model of polity, the

constitution makers did not want to

add a third tire because of the

complexities it will create.

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13. Capital expenditure of the government

results in creation of physical assets. It is

regulated by

1. Fiscal Responsibility and Management

(FRBM) Act

2. RBI

3. International treaties

Choose the correct answer using the codes below:

a) 1 and 2 only

b) 2 and 3 only

c) 1 only

d) All of the above

14. Which of the following national parks

would be affected if the proposed Ken-

Betwa River linking project takes off?

a) Panna National Park

b) Bandhavgarh National Park

c) Kanha National Park

d) None of the above

15. Consider the following statements:

1. He was closely associated with the

Mughal court, as a physician to Prince

Dara Shukoh

2. He a Frenchman, was a doctor,

political philosopher and historian

3. He travelled to several parts of the

country, and wrote accounts of what

he saw, frequently comparing what he

saw in India with the situation in

Europe

In the above statements, He refers to?

a) Duarte Barbosa

b) Jean-Baptiste Tavernier

c) Manucci

d) François Bernier

16. Consider the following statements about

the rural society in India.

1. By law women are supposed to have

an equal share of family property.

2. Small and marginal farmers make for

more than a majority in the rural

agricultural setup.

3. Most agricultural labourers are daily

wage workers.

Choose the correct answer using the codes below:

a) 1 and 2 only

b) 2 and 3 only

c) 1 and 3 only

d) All of the above

17. Gross investment in an economy

essentially means

a) Measure of final output comprising

capital goods

b) Total infrastructure buildup in the

economy

c) Aggregate monetary resources

available with all the banks in the

nation

d) Sum total value of the consumer and

capital goods in the economy

18. ‘Benami transfers’ were one of the major

causes of the failure of the effective

implementation of the Land ceiling

provisions as a part of land reforms in

India. Benami transfers meant that

a) landowners managed to divide the

land among relatives and others which

allowed them to keep control over the

lands

b) Property was declared sold and

unnamed so that it escapes the

provisions of land ceiling act

c) The zamindars transferred the excess

land to the peasants first and then

bought it back from them again

d) None of the above

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19. If there is no current account deficit (CAD)

and fiscal deficit in an economy, then

ideally

a) investment in the economy should be

equal to domestic savings

b) savings will naturally be much greater

than investment in the economy

c) savings will be lesser than gross

investment in the economy

d) investment will be equal to the total

amount of capital goods and

infrastructure created in the economy

20. Consider the following statements

1. Francois Bernier constantly compared

Mughal India with contemporary

Europe, generally emphasising the

superiority of the latter

2. According to Bernier, one of the

fundamental differences between

Mughal India and Europe was the lack

of private property in land in the latter

Which of the above statements is/are

INCORRECT?

a) 1 Only

b) 2 Only

c) Both

d) None

21. Consider the following statements.

Assertion (A): RBI uses a certain interest rate

called the Bank Rate to control the value of

reserve deposit ratio in commercial banks.

Reason (R): A high bank rate discourages

borrowing by commercial banks from RBI.

In the context of the statements above, which of

these is true?

a) A and R both are true, and R is the

correct explanation for A.

b) A and R both are true, and R is the

NOT the correct explanation for A.

c) A is correct, R is incorrect.

d) A and R both are incorrect

22. With reference to Indian gharial, consider

the following statements

1. They are widely seen in the Indus

River, in the Brahmaputra of Bhutan

and Bangladesh, and in the Irrawaddy

River

2. These are infamous for killing humans

and eating them in many parts of

India, especially in delta regions

3. It is listed as critically endangered by

the IUCN

Which of the above statements is/are

INCORRECT?

a) 1 and 2 Only

b) 1,2 and 3 Only

c) 2 and 3 Only

d) 3 Only

23. Green revolution helped in

‘Commercialization’ of agriculture. It

meant that in the farms

1. Farmers produced more than mere

subsistence requirements to sell in

markets

2. Modern technology was adopted in

farms

3. Land holdings became consolidated to

produce more

Choose the correct answer using the codes below:

a) 1 and 2 only

b) 2 and 3 only

c) 1 and 3 only

d) All of the above

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24. Which of the following factors may

possibly have resulted in ‘feminization of

agriculture’ in India?

1. Migration due to urbanization

2. Seasonal unemployment in rural areas

3. More women as agricultural labour

due to lack of land ownership in

women

Choose the correct answer using the codes below:

a) 1 and 2 only

b) 2 and 3 only

c) 1 and 3 only

d) All of the above

25. Contract farming is practiced in some of

the pockets in India. Consider the

following statements about it.

1. The company identifies the crop to be

grown, gives working capital and

know-how.

2. The farmers procure the seeds by

themselves.

3. The Company assures the farmer of

the purchase of produce at a pre-

determined price at a fixed date.

Choose the correct answer using the codes below:

a) 1 and 2 only

b) 2 and 3 only

c) 1 and 3 only

d) All of the above

26. In a managed floating exchange rate

system the exchange rate of the domestic

currency is determined by

1. Market forces of Supply and Demand

2. The Central Bank

3. IMF

Choose the correct answer using the codes below:

a) 1 and 2 only

b) 1 and 3 only

c) 2 and 3 only

d) All of the above

27. With reference to birth and trend of Bhakti

traditions, consider the following

statements

1. The principal deities of the Vedic

pantheon, Agni, Indra and Soma,

become marginal figures, rarely visible

in textual or visual representations

2. The Vedas continued to be revered as

authoritative

3. Devotees often tended to project their

chosen deity, either Vishnu or Shiva,

as supreme

Which of the above statements is/are correct?

a) 1 and 3 Only

b) 3 and 2 Only

c) 2 and 1 Only

d) All

28. Consider the following statements about

the employment trends in India.

1. There are more self-employed people

than regular salaried people.

2. There are more regular salaried people

than casual labourers.

Which of these is/are true?

a) 1 only

b) 2 only

c) Both 1 and 2

d) None

29. Industrial workers in India are affected by

which of the following Industrial

Hazards?

1. Flooding of mines

2. Emission of toxic gases

3. Diseases like Silicosis and

Tuberculosis

Choose the correct answer using the codes below:

a) 1 and 2 only

b) 2 and 3 only

c) 1 and 3 only

d) All of the above

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30. Consider the following statements about

Pandit Madan Mohan Malviya.

1. He had been the president of Indian

National Congress.

2. He was an important leader of Hindu

Mahasabha.

3. He is founder of Asia’s largest

residential university – Banaras Hindu

University.

Choose the correct answer using the codes below:

a) 1 and 2 only

b) 2 and 3 only

c) 1 and 3 only

d) All of the above

31. Which of the following powers of can be

devolved to the Panchayats as per the

Constitution of India?

1. Levying taxes

2. Preparing plans for economic

development

3. Managing local water supply and

ponds

Choose the correct answer using the codes below:

a) 1 and 2 only

b) 2 and 3 only

c) 1 and 3 only

d) All of the above

32. Beetroot, improves blood flow and is

good for the heart. This because

1. It is rich in nitrites

2. Nitrite works as a signal to

haemoglobin, found in red blood cells,

to form nitric oxide which helps in less

clot formation

Which of the above statements is/are correct?

a) 1 Only

b) 2 Only

c) Both

d) None

33. Which of the following arguments would

most weaken the case for an economic

policy of liberalisation?

a) Market alone would not be able to

look after the welfare of people,

especially the disadvantaged sections.

b) It is important to protect the

indigenous industries from outside

competition.

c) Greater integration into the global

market would be beneficial to Indian

economy.

d) Liberalisation requires a strong private

sector and resilient domestic industries

– lack of which can negatively affect

the domestic economy.

34. Which of the following forces have

strengthened the tendencies of

Globalization?

1. Electronic economy

2. Knowledge economy

3. Globalization of finance

Choose the correct answer using the codes

below:

a) 1 and 2 only

b) 2 and 3 only

c) 1 and 3 only

d) All of the above

35. Presently which of the following countries

is/are NOT member(s) of United Nations

Security Council (UNSC)?

1. Rwanda

2. Nigeria

3. Lithuania

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Choose the correct answer using the codes

below:

a) 1 and 2 only

b) 2 and 3 only

c) 1 and 3 only

d) All are members

36. Consider the following statements about

the recently formed Eurasian Economic

Union (EEU).

1. It aims for a common currency among

member nations.

2. It aims for free trade.

3. It will regulate industrial and

agricultural policies of member

nations.

Choose the correct answer using the codes below:

a) 1 and 2 only

b) 2 and 3 only

c) 1 and 3 only

d) All of the above

37. Consider the following statements:

1. Nirguna Bhakti form focused on the

worship of specific deities such as

Shiva, Vishnu and his avatars

(incarnations) and forms of the

goddess or Devi all in human forms

2. Suguna Bhakti form was worship of an

abstract form of god

Which of the above statements is/are

INCORRECT?

a) 1 Only

b) 2 Only

c) Both

d) None

38. Filefish, also known as foolfish,

camouflages from its predators by

a) Changing its colour of the body to

match coral colours

b) They use a cologne they prepare from

the corals to smell just like corals

c) They act like dead fish

d) None of the above

39. The government has recently launched

Mission Indradhanush. The mission

intends to

a) Fight climate change in the tropical

rainforests of the country.

b) Use cloud seeding to improve rainfall

in arid areas

c) Immunise children against 7 vaccine

preventable diseases

d) Universal health coverage in select

backward blocks in rural areas

40. The Arms Trade treaty was recently

ratified. Consider the following

statements about it.

1. It is a legally-binding agreement.

2. It sets robust global standards for

cross-border import-export of

weapons.

3. It prohibits export of those weapons

that are to be used for genocide and

war crimes.

Choose the correct answer using the codes below:

a) 1 and 2 only

b) 2 and 3 only

c) 1 and 3 only

d) All of the above.

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41. Which of the following would NOT be a

transaction related to the external sector of

the economy?

1. Joint production of helicopters by

India and Japan

2. Transfer of technology by Russia to

India

3. USA investment in Indian treasury

bills

Choose the correct answer using the codes below:

a) 1 and 2 only

b) 2 and 3 only

c) 3 only

d) All can be external sector transactions

42. The resource rich Africa and Latin

America have some of the poorest

countries in the world, whereas many

prosperous countries have scarcely any

natural wealth. Which of the following

can be the strongest reason for the poverty

of resource rich African nations?

a) Little flow of production exists in the

poor African countries.

b) There is huge unemployment in the

poor African countries.

c) There is a lack of foreign investment in

these African countries.

d) The natural resources remain

unexploited in these poor countries

43. Consider the following statements:

1. Alvars were devotees of Vishnu

whereas Nayanars worshipped Shiva

2. The Nalayira Divyaprabandham,

anthology of compositions of

Nayanars is called as Tamil Vedas

Which of the above statements is/are correct?

a) 1 Only

b) 2 Only

c) Both

d) None

44. Nyaya Panchayats have been setup in

some of the states in India. Their

jurisdiction extends to

a) Petty civil and criminal cases both

b) Petty civil cases only

c) All local civil cases

d) Petty criminal cases only

45. Consider the following statements about

the different kinds of goods produced in

an economy.

1. Consumption goods are not further

processed in the value addition chain

by producers.

2. Intermediate goods are the same as

capital goods.

3. Capital goods are able of

transformation at the hands of

producers.

Choose the correct answer using the codes below:

a. 1 only

b. 2 and 3 only

c. 1 and 3 only

d. All of the above.

46. Which of the following changes in social

relations can be attributed to Green

Revolution?

1. Increase in use of agricultural labour

2. A shift from payment in kind to that in

cash

3. Loosening of bonded labour situation

Choose the correct answer using the codes below:

a) 1 and 2 only

b) 2 and 3 only

c) 1 and 3 only

d) All of the above

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47. Consider the following statements about

Depreciation in an economy.

1. More depreciation will reduce the net

investment in the economy.

2. Depreciation takes natural calamities

and sudden destruction of property

into account.

Which of these is/are true?

a) 1 only

b) 2 only

c) Both 1 and 2

d) None

48. Recently the Maharashtra government

appointed the Kelkar Committee to study

the issue of balanced development of

various regions of Maharashtra. The

recommendations of the committee are

1. Vidarbha region should be given

autonomous status.

2. The committee recommended sticking

to the provisions of Article 371 of the

constitution for all the regions of

Maharashtra.

3. It also recommended increasing the

powers of the President over all the

backward regions of Maharashtra.

Choose the correct answer using the codes below:

a) 1 and 2 only

b) 2 and 3 only

c) 1 only

d) All of the above

49. Consider the following statements

1. One of the major themes in Tamil

bhakti hymns is the poets’ opposition

to Buddhism and Jainism

2. Nayanars and Alvars were patronized

by Chola rulers

Which of the above statements is/are correct?

a) 1 Only

b) 2 Only

c) Both

d) None

50. In an economy there is often a trade-off

between certain categories of goods. There

need NOT be a trade-off between which of

the following pairs?

a) Capital goods and intermediate goods

b) Capital goods and consumer goods

c) Intermediate goods and consumption

goods

d) Both (a) and (c)

51. Gross National Product involves ‘net

factor income from abroad’ (NFIA) apart

from the national GDP. Which of the

following would come under NFIA?

1. Remittances from Indian nationals

working in Turkey

2. A reliance outlet in Ontario

3. A BMW car production unit in India

Choose the correct answer using the codes below:

a) 1 and 2 only

b) 2 and 3 only

c) 1 and 3 only

d) All of the above

52. NASA’s NuSTAR is a

a) It is a space based telescope that

studies high energy x-rays emanating

from starts and galaxies

b) It is a space-probe revolving around

Saturn

c) It is a probe sent to study the Sun

d) None of the above

53. Net national product (NNP) excludes

1. Subsidies

2. Indirect taxes

3. Depreciation

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Choose the correct answer using the codes below:

a) 1 and 2 only

b) 2 and 3 only

c) 1 and 3 only

d) 3 only

54. To compare GDP across nations, Real

GDP is used because

a) it calculates GDP at constant prices

b) it takes inflation into account

c) it excludes the subsidies given by a

particular country

d) it has been prescribed by IMF

55. The essential difference between using

GDP deflator or using CPI/WPI for

measuring level of inflation in the

economy is that

a) CPI/WPI takes overall inflation into

account

b) CPI/WPI takes only inflation in few

goods/services into account

c) GDP deflator does not include prices

of imported goods.

d) Both (b) and (c)

56. The speculative demand for money means

that

a) Money is used for investment in

securities that yield returns

b) Money is used for building of

infrastructure in the country

c) Money is demanded for immediate

consumption requirements

d) Money is saved for emergency

purposes by people

57. Consider the following statements.

1. An increasing interest rate is beneficial

to people presenting holding bonds.

2. A lower inflation level is beneficial to

deposit holders.

3. A higher real interest rate is beneficial

to banks.

Choose the correct answer using the codes below:

a) 1 and 2 only

b) 2 and 3 only

c) 1 and 3 only

d) All of the above

58. Currency notes and coins are called fiat

money because

a) They are legal tenders without any

intrinsic value

b) They are legal tenders with an intrinsic

value

c) They are non-binding tenders issued

by the Central bank

d) They are non-binding tenders issued

by the government

59. Consider the following statements with

reference to Lingayats in twelfth century

Karnataka,

1. Lingayats believe that on death the

devotee will be united with Shiva and

will not return to this world

2. Lingayats supported post-puberty

marriage and the remarriage of

widows

Which of the above statements is/are correct?

a) 1 Only

b) 2 Only

c) Both

d) None

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60. Consider the following statements about

broad money.

1. It is the least liquid.

2. It excludes time deposits.

3. It includes the reserve money of the

bank held by RBI.

Choose the correct answer using the codes below:

a) 1 and 2 only

b) 2 and 3 only

c) 3 only

d) None of the above

61. Credit can be created by commercial

banks because

a) Banks are authorised to do so by RBI

b) Banks can re-lend the deposits held by

the public

c) Banks can lend the SLR and CRR after

authorisation from the Central bank

d) Repurchase of government securities

from Central bank makes it possible.

62. A high Cash Reserve Ratio (CRR) will

help the RBI in

1. Tackling inflation in short-run

2. Reduce the fiscal deficit of the

government in the short-run

3. Increase public money supply

Choose the correct answer using the codes below:

a) 1 and 2 only

b) 2 and 3 only

c) 1 only

d) None of the above

63. Consider the following statements about

Open Market Operations (OMOs).

1. They are undertaken both by RBI and

Government of India.

2. OMOs always increase money supply

in the economy.

3. OMOs can help tackle inflation in the

short-run in the economy.

Choose the correct answer using the codes below:

a) 1 and 2 only

b) 2 and 3 only

c) 3 only

d) All of the above

64. Sterilization is used by RBI to

1. Fight external shocks to the economy

2. Counter inflation

3. Stabilize the depreciation in the Indian

rupee

Choose the correct answer using the codes below:

a) 1 and 2 only

b) 2 and 3 only

c) 3 only

d) All of the above

65. Government needs to play an important

role in the economy other than the private

sector because

1. Public goods can not always be

provided by private sector

2. Government can take functions of

redistribution of wealth.

3. Stabilization of the economy can not

be done by the private sector

Choose the correct answer using the codes below:

a) 1 and 2 only

b) 2 and 3 only

c) 3 only

d) All of the above

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66. Revenue receipts of the government do

NOT include which of the following?

1. Taxes imposed on goods imported

into and exported out of India

2. Income of PSUs

3. Profits on investments made by

government

Choose the correct answer using the codes below:

a) 1 and 2 only

b) 2 and 3 only

c) 1 and 3 only

d) All are part of revenue receipts of

government.

67. With reference to Sufi khanqah, consider

the following statements

1. It was a lodging facility for Sufi saints

and disciples

2. Series of Khanqahs were known as

silsilas

Which of the above statements is/are correct?

a) 1 Only

b) 2 Only

c) Both

d) None

68. Plan revenue expenditure includes

1. Provisions made in five year plans

2. Central assistance to States

3. Central assistance to Union Territories

Choose the correct answer using the codes

below:

a) 1 and 2 only

b) 2 and 3 only

c) 1 and 3 only

d) All of the above

69. Capital receipts form a major part of the

assets of the government. Which of the

following do NOT come under capital

receipts of the government?

1. Borrowing from RBI

2. Recovery of loans

3. Disinvestment in PSUs

Choose the correct answer using the codes below:

a) 1 and 2 only

b) 2 and 3 only

c) 1 only

d) All form part of capital receipts.

70. Which of the following measures would

come under the term ‘Structural

Adjustment’ in the economy?

1. Cutting public subsidies

2. Liberalisation policy

3. Tight monetary policy

Choose the correct answer using the codes below:

a) 1 and 2 only

b) 2 and 3 only

c) 1 and 3 only

d) All of the above

71. Arrange the following in increasing order

of value as reflected in the annual budget.

1. Budgetary deficit

2. Revenue deficit

3. Primary deficit

Choose the correct order from the codes below:

a) 123

b) 132

c) 321

d) Any of option 2 or 3 can be greater, but

1 will always be least.

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72. The Sela River which was in news recently

for the Bay of Bengal oil spill tragedy, is

located in

a) India

b) Bangladesh

c) Myanmar

d) Sagar Island

73. With reference to Kabir and his

compositions. Consider the following

statements

1. The Kabir Bijak is preserved by the

Kabirpanth (the path or sect of Kabir)

in many parts of Rajasthan

2. the Kabir Granthavali is associated

with the Dadupanth in Uttar Pradesh

Which of the above statements is/are correct?

a) 1 Only

b) 2 Only

c) Both

d) None

74. The government can affect the level of

aggregate output of the economy by

which of the following?

1. Government purchases of goods and

services

2. Taxes

3. Foreign investment policies

Choose the correct answer using the codes below:

a) 1 and 2 only

b) 2 and 3 only

c) 1 only

d) All of the above

75. Fiscal deficit need not always be

inflationary. This will be when

a) Excess spending will result in creation

of infrastructure and other useful

assets in the economy

b) Excess spending is used to invest

abroad

c) Excess spending is used to provide

important public services like

transport, health services etc.

d) All of the above

76. Large fiscal deficit is discouraged at times

because private borrowers will get

‘crowded out’ of the financial markets. It

means that

a) There will be less financial resources

for the private sector

b) Private sector is not allowed to borrow

heavily from the securities market

c) The financial markets do not give good

returns to the private sector

d) Citizens find it difficult to invest in

private sector equity in securities

markets

77. Consider the following statements about

the FRBM act, 2003.

1. Actual deficits may exceed the targets

only on ground of national security,

calamity etc.

2. The Reserve Bank of India must not

subscribe to the primary issues of

central government securities.

3. It provides for greater transparency in

fiscal operations of the government.

Choose the correct answer using the codes below:

a) 1 and 2 only

b) 2 and 3 only

c) 1 and 3 only

d) All of the above

78. The Government has recently released

commemorative postal stamp to highlight

heroic deeds of those engaged in 1857

Kuka movement. Consider the following

statements about it.

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1. It was initiated in Punjab.

2. This movement actively propagated

the principles of boycott and non-co-

operation .

3. It became a part of the overall freedom

struggle.

Choose the correct answer using the codes below:

a) 1 and 2 only

b) 2 and 3 only

c) 1 and 3 only

d) All of the above

79. Which of the following can be termed as

the limitations of GDP as an index of

welfare of a country?

1. It does not account for economic

inequalities.

2. Several non-monetary exchanges are

not accounted for

3. Environmental costs are neglected.

Choose the correct answer using the codes below:

a) 1 and 2 only

b) 2 and 3 only

c) 1 and 3 only

d) All of the above

80. With reference to the Vijayanagar empire

and their relationship with the Sultanates,

consider the following statements

1. The adventurous policy of Rama Raya

that ultimately led to the decisive

defeat of Vijayanagar kingdom under

the hands of alliance of the Sultanates

2. The Sultans and the rayas were not

always or inevitably hostile to each

other

Which of the above statements is/are correct?

a) 1 Only

b) 2 Only

c) Both

d) None

81. Rajasthan government has decided to fix

minimum educational qualification as

condition for aspiring candidates in

panchayats elections. It has been done at

the levels of

1. Zila Parishad

2. Block Panchayat

3. Panchayat

Choose the correct answer using the codes below:

a) 1 and 2 only

b) 2 and 3 only

c) 1 only

d) All of the above

82. Presently, six sub-schemes are being

implemented as sub-schemes under

RKVY during 2014-15. These sub-schemes

and their allocations are

1. Bringing Green Revolution to Eastern

Region

2. Vidharbha Intensive Irrigation

Development Programme

3. National Mission for Protein

Supplements

4. Initiative on Vegetable Clusters

Choose the correct answer using the codes below:

a) 1 and 2 only

b) 3 and 4

c) 1, 2 and 3 only

d) All of the above

83. The Current Account records transactions

in factor income also. Which of the

following /s/are included in factor

income?

1. Profits on investment abroad

2. Trade in services

3. Transfer payments

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Choose the correct answer using the codes below:

a) 1 only

b) 1 and 2 only

c) 2 and 3 only

d) All of the above

84. The Vijayanagara empire was located on

the banks of river

a) Krishna

b) Tungabhadra

c) Cauvery

d) Tunga

85. A negative trade balance with a large

current account deficit (CAD) can have

which of the following consequences for

India?

1. High inflation in the economy

2. Depreciation of the domestic currency

3. Pulling out of FII from the economy

Choose the correct answer using the codes below:

a) 1 and 2 only

b) 1 and 3 only

c) 2 and 3 only

d) All of the above

86. If the Real Exchange rate of India with

respect to certain goods of USA is greater

than one, it means that

a) Those goods are cheaper in India.

b) Those goods are cheaper in USA.

c) No valuable comparison can be made

without taking GDP (PPP) into

account.

d) No valuable comparison can be made

without taking inflation into account.

87. Tea industry began in India in 1851. Most

of the tea gardens were situated in Assam.

But, bulk of the sorely needed labour had

to be imported from other provinces. This

may be due to

1. Sparse population of Assam

2. Tea plantations were often located on

uninhabited hillsides

Which of these is/are true?

a) 1 only

b) 2 only

c) Both 1 and 2

d) None

88. Ricardian Equivalence is a proposition

that argues that consumers are forward

looking. It argues that

a) Taxation and borrowing are equivalent

means of financing expenditure.

b) Borrowing abroad and borrowing

domestically are equivalent means of

financing expenditure.

c) Saving or investment are equivalent

d) None of the above

89. In the jajmani system,

a) Zamindars paid small daily allowance

and diet money to artisans

b) Zamindars paid farmers daily wages

c) Zamindars mistreated and misused

lower caste people

d) None of the above

90. The value of the Indian currency will

appreciate if

1. Indians travel abroad more often

2. There is greater demand for Indian

goods

3. More FIIs find Indian market lucrative

to invest in

Choose the correct answer using the codes below:

a) 1 and 2 only

b) 1 and 3 only

c) 2 and 3 only

d) All of the above

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91. Consider the following statements about

trade across nations and its impact on

prices.

1. If prices of domestic products fall,

while say foreign prices remain

constant, domestic exports will rise.

2. Changes in nominal exchange rates

would change the real exchange rate

and hence international relative prices.

Which of these is/are true?

a) 1 only

b) 2 only

c) Both 1 and 2

d) None

92. Which of the following economic policies

or activities of the British led to the

downfall of village based industries in

India?

1. Import substitution

2. Industrialization in Britain

3. Mainstreaming of western culture in

matters of clothing, food etc.

Choose the correct answer using the codes below:

a) 1 and 2

b) 2 and 3

c) 1 and 3

d) All of the above

93. Farmer suicides in the country can be

linked to the ‘agrarian distresses’ caused

due to structural changes in the economy

as well as changes in economic and

agricultural policies. Which of the

following can be counted among those?

1. Shift to cash crops

2. Exposure of Indian agriculture to

forces of globalization

3. Withdrawal of state from agricultural

extension activities

Choose the correct answer using the codes below:

a) 1 and 2 only

b) 2 and 3 only

c) 1 and 3 only

d) All of the above

94. The Defence Ministry of India has

identified some strategic rail lines along

the Indo-China border. These are in the

states of

a) Jammu Kashmir

b) Assam

c) Arunachal Pradesh

Choose the correct answer using the codes below:

a) 1 and 2 only

b) 2 and 3 only

c) 1 only

d) All of the above

95. The Emperor Akbar classified the lands

and fixed different revenue to be paid by

each. Consider the following statements

1. Chachar is land that has lain fallow for

three or four years

2. Banjar is land uncultivated for five

years and more

3. Polaj is land which is annually

cultivated for each crop in succession

and is never allowed to lie fallow

4. Parauti is land left out of cultivation

for a time that it may recover its

strength

Which of the above are correctly matched?

a) 1,2 and 3 Only

b) 2,3 and 4 Only

c) 1,3 and 4 Only

d) All

96. Cash grants-in-aid from foreign countries

and international organisations are

included in

a) Non-tax revenue receipts

b) Capital receipts

c) External borrowings of Government

d) Corporate Social responsibility

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97. India’s foreign exchange reserve is an

important mechanism against managing

external shocks. It consists of

a) Gold, SDR and Dollar only

b) SDR and foreign currency only

c) Gold, SDR and foreign currencies

d) Gold and foreign currencies only

98. Bridgmanite mineral is

a) The most abundant mineral in Earth

b) The rare earth mineral used in

semiconductor industry

c) The rarest mineral in earth

d) Invaluable mineral found on the ocean

surface

99. Which of the following cancers are mostly

caused by lifestyle changes?

a) Colon cancer

b) Lung cancer

c) Basal cell carcinoma

Choose the correct answer using the codes below

a) 1 and 3 Only

b) 2 and 3 Only

c) 3 and 2 Only

d) All

100. Particulates are the deadliest form

of air pollution. Which of the following

particulate categories are most dangerous

to human health?

a) Suspended particulate matter (SPM)

b) Respirable suspended particle (RSP)

c) Particulate Matter 2.5

d) None of the above