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Economy - MOST IMPORTANT UPPSC RO/ARO Previous Year Questions

Practice real questions from previous year exams of UPPSC RO/ARO.

📘 Public Finance in India- Budget📚 Data in Budget

Q1

Consider the following statements with reference to Uttar Pradesh Budget, 2023-24 - 1. The size of the Budget is ₹7,60,000 crore. 2. The Fiscal Deficit is estimated to be at 84, 883.16 crore. Select the correct answer using the code given below :

🎯 UPPSC RO/ARO (Pre) Nirsat Exam-2023

A.

Both 1 and 2

B.

Only 2

C.

Neither 1 nor 2

D.

Only 1

📘 Agriculture Sector📚 Agricultural Production

Q2

Given below are two statements, in which one is labelled as Assertion (A) and the other as Reason (R) : Assertion (A) : India is the largest producer of Jute in the world. Reason (R): India's Jute production increased due to Yellow Revolution. Select the correct answer using the code given below :

🎯 UPPSC RO/ARO (Pre) Nirsat Exam-2023

A.

Both (A) and (R) are true but (R) is not correct explanation of (A).

B.

(A) is true but (R) is false.

C.

(A) is false but (R) is true.

D.

Both (A) and (R) are true and (R) is the correct explanation of (A).

📘 Money and Banking- Nationalisation📚 First Phase of Nationalisation (1969)

Q3

Consider the following events and arrange them in chronological order with the help of code given below: I. First phase of Bank Nationalisation II. Second phase of Bank Nationalisation III. Establishment of Regional Rural Banks IV. Establishment of NABARD

🎯 UPPSC RO/ARO (Pre) Nirsat Exam-2023

A.

IV, II, III, I

B.

III, II, I, IV

C.

I, III, II, IV

D.

I, II, IV, III

📘 Financial Markets📚 Digital Payments Ecosystem (NEFT, RTGS, IMPS, etc.)

Q4

PIN in banking transaction is known as -

🎯 UPPSC RO/ARO (Pre) Nirsat Exam-2023

A.

Postal Index Number

B.

Permanent Identification Number

C.

Personal Identification Number

D.

None of the above

📘 Agriculture Sector📚 Features of Indian Agriculture

Q5

Given below are two statements, in which one is labelled as Assertion (A) and the other as Reason (R) : Assertion (A): Rabi crops in India are predominantly cultivated in north-western states like Punjab and Haryana. Reason (R): The success of Rabi crops in these states depends on the rain due to western tropical cyclones during winters.

🎯 UPPSC RO/ARO (Pre) Nirsat Exam-2023

A.

Both (A) and (R) are true but (R) is not the correct explanation of (A).

B.

(A) is false but (R) is true.

C.

(A) is true but (R) is false.

D.

Both (A) and (R) are true and (R) is the correct explanation of (A).

📘 Major Schemes📚 Schemes of Agriculture Sector

Q6

Consider the following statements with reference to 'Nandini Krishak Samriddhi Yojana' - 1. This scheme includes milch cow breeds of Sahiwal, Gir, Tharparkar and Gangatiri only. 2. Beneficiary must have at least one year of cattle rearing experience. Select the correct answer from the code given below:

🎯 UPPSC RO/ARO (Pre) Nirsat Exam-2023

A.

Neither 1 nor 2

B.

Only 2

C.

Only 1

D.

Both 1 and 2

📘 Agriculture Sector📚 Misc

Q7

With reference to 'AGMARK', which of the following statements is/are correct? 1. 'AGMARK' is the sign of quality of agricultural products. 2. Certificate of 'AGMARK' is issued by Food Corporation of India. Select the correct answer using the code given below:

🎯 UPPSC RO/ARO (Pre) Nirsat Exam-2023

A.

Both 1 and 2

B.

Only 2

C.

Only 1

D.

Neither 1 nor 2

📘 External Sector in India📚 Special Economic Zone

Q8

Consider the following statements: 1. Moradabad is renowned for copper work and has carved a niche for itself in the handicraft industry throughout the world. 2. Moradabad Special Economic Zone (SEZ) is the first SEZ in northern India developed by Uttar Pradesh Government.

🎯 UPPSC RO/ARO (Pre) Nirsat Exam-2023

A.

Only 1

B.

Both 1 and 2

C.

Neither 1 nor 2

D.

Only 2

📘 Tax Structure in India📚 Goods and Services Tax (GST)

Q9

Which of the following statements is/are correct? 1. ITC means the credit of Input Tax on the supplies of goods and services or both received by a registered person. 2. Eligibility of ITC which may be as under-taxable supply, non-taxable supply, zero-rated supply.

🎯 UPPSC RO/ARO (Pre) Nirsat Exam-2023

A.

Both 1 and 2

B.

Only 2

C.

Neither 1 nor 2

D.

Only 1

📘 Industrial Sector📚 Agricultural Industries

Q10

Which of the following statements is/are correct? I. The sugar industry was initially located in Uttar Pradesh. II. The low yield of sugarcane, short crushing seasons, unsatisfactory location of industries created problems in producing sugar.

🎯 UPPSC RO/ARO (Pre) Nirsat Exam-2023

A.

Only I

B.

Neither I nor II

C.

Both I and II

D.

Only II

📘 Industrial Sector📚 Misc

Q11

Consider the following statements with reference to coal - 1. India is one of the world's leading producer of coal. 2. India has vast coal reserves in states like Jharkhand and Chhattisgarh.

🎯 UPPSC RO/ARO (Pre) Nirsat Exam-2023

A.

Both 1 and 2

B.

Only 1

C.

Neither 1 nor 2

D.

Only 2

📘 Indian Population📚 Misc

Q12

Census for the first time in India was conducted during the British era in the tenure of

🎯 UPPSC RO/ARO (Pre) Nirsat Exam-2023

A.

Lord Dufferin

B.

Lord Lytton

C.

Lord Mayo

D.

None of the above

📘 Fundamental Economic Concepts📚 Meaning of Economics

Q13

Which of the following pairs is not correctly matched? (a) Adam Smith - Wealth of Nations (b) J.M. Keynes - General Theory of Employment, Interest and Money (c) Gunnar Myrdal - Asian Drama (d) Karl Marx - Principles of Political Economy and Taxation

🎯 UPPSC RO/ARO (Pre) Nirsat Exam-2023

A.

Adam Smith - Wealth of Nations

B.

J.M. Keynes - General Theory of Employment, Interest and Money

C.

Gunnar Myrdal - Asian Drama

D.

Karl Marx - Principles of Political Economy and Taxation

📘 Money and Banking- Banking Structure📚 First in Indian Banking System - first bank, first bank managed by Indians, etc.

Q14

Match List-I with List-II and choose the correct answer using the code given below: List-I (Banks): A. Allahabad Bank B. Punjab National Bank C. Awadh Commercial Bank D. The Alliance Bank of Shimla List-II (Year of Foundation): 1. 1874 2. 1881 3. 1865 4. 1894

🎯 UPPSC RO/ARO (Pre) Nirsat Exam-2023

A.

A-1, B-2, C-3, D-4

B.

A-3, B-4, C-2, D-1

C.

A-2, B-1, C-3, D-4

D.

A-4, B-3, C-2, D-1

📘 External Sector in India📚 Misc

Q15

With reference to the Marine Products Export Development Authority (MPEDA), which of the following statements is/are correct? 1. MPEDA was established in 1972. 2. It is headquartered in Kolkata.

🎯 UPPSC RO/ARO (Pre) Nirsat Exam-2023

A.

Neither 1 nor 2

B.

Only 2

C.

Only 1

D.

Both 1 and 2

📘 Major Schemes📚 Schemes of Financial Inclusion

Q16

Match List-I with List-II and select the correct answer from the code given below : List-I (Schemes): A. P.M. Garib Kalyan Package B. Muskan Scheme C. Mission Indradhanush D. Pradhan Mantri Jan Arogya Yojana List-II (Launching Year): 1. 2014 2. 2020 3. 2018 4. 2021

🎯 UPPSC RO/ARO (Pre) Nirsat Exam-2023

A.

A-2, B-4, C-1, D-3

B.

A-3, B-1, C-4, D-2

C.

A-4, B-3, C-2, D-1

D.

A-1, B-2, C-3, D-4

📘 International Economic Organisations and India📚 World Bank

Q17

'Uttar Pradesh Diversified Agriculture Support Project' (UP DASP) was sponsored in Uttar Pradesh by-

🎯 UPPSC RO/ARO (Mains) Exam-2021

A.

Government of Uttar Pradesh

B.

Central Government

C.

World Bank

D.

None of the above

📘 Agriculture Sector📚 Agricultural Committees

Q18

'Krishak Samridhi Aayog' was established in Uttar Pradesh in which of the following year?

🎯 UPPSC RO/ARO (Mains) Exam-2021

A.

2016

B.

2017

C.

2018

D.

None of the above

📘 Money and Banking- Development Finance Institutions📚 National Bank of Agriculture and Rural Development (NABARD)

Q19

Consider the following events and arrange them into chronological order- (1) Establishment of NABARD (2) Bank linkage programme of self help group (3) Kisan Credit Card yojana (4) Establishment of Regional Rural Bank

🎯 UPPSC RO/ARO (Mains) Exam-2021

A.

(4), (1), (2) and (3)

B.

(4), (2), (3) and (1)

C.

(1), (2), (3) and (4)

D.

(4), (3), (2) and (1)

📘 Global Development Goals📚 Sustainable Development Goals

Q20

Which one of the following city was not among the top three positions in the Sustainable Development Goal Urban Index and Dashboard 2021-22 declared by the NITI Aayog in November 2021?

🎯 UPPSC RO/ARO (Mains) Exam-2021

A.

Coimbatore

B.

Chandigarh

C.

Indore

D.

Shimla

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