Economy - MOST IMPORTANT UPSC CSE Previous Year Questions
Practice real questions from previous year exams of UPSC CSE.
📘 Economic Systems📚 Market Economy (Capitalist Economy)
Q1
Which one of the following sets of economists strongly favoured market economy?
🎯 UPSC CSE PRE 1993
📘 Indian Population📚 Misc
Q2
Which arrangement of the following show the correct sequence of demographic transition as typically associated with economic development?
1. High birth rate with high death
2. Low birth rate with low death
3. High birth rate with low death
Choose the answer from the codes given below:
🎯 UPSC CSE PRE 1993
📘 Unemployment📚 Employment related Programmes
Q3
The Employment Guarantee Scheme, a rural work programme, was first started in:
🎯 UPSC CSE PRE 1993
📘 Fundamental Economic Concepts📚 Sectors of an Economy
Q4
The growth rate of which one of the following sectors has very low employment elasticity?
🎯 UPSC CSE PRE 1993
📘 Planning📚 Meaning and Objectives of Economic Planning
Q5
The basic difference between imperative and indicative planning is that:
🎯 UPSC CSE PRE 1993
📘 National Income Concepts and Methods of Calculation📚 Per capita Income
Q6
Which of the following are the main causes of slow rate of growth of per capita income In India?
1. High capital output ratio
2. High rate of growth of population
3. High rate of capital formation
4. High level of fiscal deficits
Select the correct answer from the codes given below:
🎯 UPSC CSE PRE 1993
📘 Money and Banking- Banking Structure📚 Public Sector Banks- State Bank of India
Q7
In India the Public Sector is most dominant in :
🎯 UPSC CSE PRE 1993
📘 Agriculture Sector📚 Features of Indian Agriculture
Q8
Which one of the following is the best strategy for environment friendly sustainable development in Indian agriculture?
🎯 UPSC CSE PRE 1993
📘 Industrial Sector📚 Disinvestment/Mergers and Acquisitions
Q9
Which one of the following modes of privatisation is the most comprehensive and complete?
🎯 UPSC CSE PRE 1993
📘 External Sector in India📚 Exchange Rate Systems and Indicators- LERMS, NEER, REER,etc.
Q10
When partial convertibility obtains the exchange rate is:
🎯 UPSC CSE PRE 1993
📘 Inflation and Business Cycles (Recession, Depression, etc.)📚 Concept and Types of Inflation
Q11
A zero rate of Inflation obtains necessarily in a year where the annual rate of inflation:
🎯 UPSC CSE PRE 1993
📘 Money and Banking- Monetary Policy📚 Cash Reserve Ratio (CRR)
Q12
Which one of the following pairs is correctly matched?
🎯 UPSC CSE PRE 1993
📘 External Sector in India📚 Important terms
Q13
Euro dollars are:
🎯 UPSC CSE PRE 1993
📘 Money and Banking- Monetary Policy📚 Other Tools
Q14
Variable reserve rates and Open Market Operations are instruments of:
🎯 UPSC CSE PRE 1993
📘 External Sector in India📚 Trade Balance
Q15
The earnings of India from diamond export is quite high. Which one of the following factors has contributed to it?
🎯 UPSC CSE PRE 1993
📘 International Economic Organisations and India📚 World Trade Organisation (WTO)
Q16
Most Favoured Nations (MFN) clause under GATT implies
🎯 UPSC CSE PRE 1993
📘 International Economic Organisations and India📚 International Monetary Fund (IMF)
Q17
Which one of the following types of borrowings from the IMF has the softest servicing conditions?
🎯 UPSC CSE PRE 1993
📘 Five Year Plans in India📚 Eighth Five Year Plan
Q18
A major shift in the 8th FiveYear Plan from its preceding ones is
🎯 UPSC CSE PRE 1994
📘 Planning📚 Meaning and Objectives of Economic Planning
Q19
The principal reason why national, economic planning is still being pursued inspite of embracing a market economy since 1991 is that
🎯 UPSC CSE PRE 1994
📘 Public Finance in India- Budget📚 Fiscal Deficit
Q20
Fiscal deficit in the Union Budget means
🎯 UPSC CSE PRE 1994