Q. Consider the following statements about the impact of inflation in the economy -
I. Inflation is advantageous for borrowers and disadvantageous for lenders.
II. Inflation reduces the purchasing power of the people.
III. Inflation worsens the exchange rate.
IV. Inflation increases the demand.
How many statements given above is/are correct?
1) Only 1
2) Only 2
3) Only 3
4) All the 4
Q. Consider the following facts about 'Headline Inflation' -
I. Headline inflation refers to the change in the value of all goods in the basket.
II. Core inflation excludes food and fuel items from headline inflation.
III. Core inflation is less volatile than headline inflation.
IV. Headline inflation is more relevant for developing economies than for developed economies.
How many statements given above is/are correct?
1) Only 1
2) Only 2
3) Only 3
4) All the 4
Q. According to Finance Minister Nirmala Sitharaman, India can achieve the status of a developed nation in the next 25 years by focusing on 4. Which of the following is/are among these -
I. Infrastructure
II. Investment
III. Innovation
IV. Inclusiveness
V. Identification of priorities
VI. Industry 5.0
Which of the above is/are correct?
1) I, II, III, and IV
2) II, III, IV, and V
3) III, IV, V, and VI
4) I, III, V, and VI
Q. Consider the following facts about the PM Jan Dhan Yojana (PMJDY) -
I. PMJDY was launched on August 15, 2014.
II. Public Sector Banks are the fulcrum of the PMJDY.
III. PMJDY is an umbrella scheme that facilitates the implementation of other schemes such as the MUDRA yojana, crop, life, and general insurance schemes.
IV. RuPay Debit/ATM card holders of PMJDY beneficiaries come with an inbuilt accident insurance cover of ₹ 2 lakh.
How many statements given above is/are correct?
1) Only 1
2) Only 2
3) Only 3
4) All the 4
Q. Which of the following statements is not correct about the public expenditure?
1) Interest Payment is a capital expenditure
2) Payments to farmers under PM Kisan Samman Nidhi are transfer payment
3) Difference between Gross Fiscal Deficit and Interest payment is the Primary deficit
4) Receipts through the General Provident Fund contributions of the government employees are capital receipts
Q. 1. Consider the following statements in relation to International Rice market -
I. Prices of rice were at peak level in the international market in mid-July 2023.
II. India is the leading exporter of rice.
Which of the statements is/are correct?
1) Only I
2) Only II
3) Both I and II
4) Neither I nor II
Q. In a classroom, an effective listener -
1) Resists distractions
2) Seeks diversions
3) Prefers message filtering
4) Judges the message delivery style
Q. Utility and change are the basic principles of -
1) Realism
2) Naturalism
3) Pragmatism
4) Idealism
Q. To bring harmony among all the elements of programmes -
1) Coordination
2) Planning
3) Commanding
4) Organisation
Q. Which of the following is the nature of the curriculum?
1) Critical
2) Creative
3) Conservative
4) All of the above
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