HPAS 2011 Economy

HPAS 2011 Prelims – Economy Questions

HPAS 2011 Prelims Question Paper – Q52

The production of most metallic minerals is affected by each of the following, except:

(A) Distance to market

(B) Quantity available

(C) Richness of the ore

(D) Weight of the ore

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Answer: D

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HPAS 2011 Prelims Question Paper – Q67

Which Indian city has the highest population according to 2011 Census?

(A) Kolkata

(B) New Delhi

(C) Chennai

(D) Mumbai

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Answer: D

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HPAS 2011 Prelims Question Paper – Q68

Which of the following Indian Companies has been listed at the top in Forbes-2000 list?

(A) RIL

(B) ONGC

(C) IOL

(D) NTPC

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Answer: A

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HPAS 2011 Prelims Question Paper – Q70

The maximum limit of Foreign Direct Investment (FDI) in public sector banking is:

(A) 51%

(B) 50%

(C) 33%

(D) 49%

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Answer: D

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HPAS 2011 Prelims Question Paper – Q71

Which of the following plans is meant for constructing houses for rural people?

(A) Indra Avas Yojana

(B) Ambedkar Avas Yojana

(C) PURA

(D) None of the above

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Answer: A

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HPAS 2011 Prelims Question Paper – Q72

As per 13th Finance Commission Recommendations during 2010-15, transfers to the states in the form of ‘grant-in-aid’ are expected to be:

(A) Rs. 44,000 crore

(B) Rs. 1,64,832 crore

(C) Rs. 3,18,581 crore

(D) Rs. 1,07,552 crore

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Answer: C

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HPAS 2011 Prelims Question Paper – Q73

Which of the following is/are the component(s) of Gross Domestic Capital Formation (GDCF)? (i) Net fixed capital formation (ii) Change in stocks (iii) Provision for depreciation (iv) Net exports

(A) (i) and (ii)

(B) (ii) and (iii)

(C) (i), (ii) and (iv)

(D) (i), (ii) and (iii)

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Answer: D

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HPAS 2011 Prelims Question Paper – Q78

Which of the following is/are correctly matched? List I (Instrument) List II (Purpose) (a) Spot market (i) Immediate delivery… (b) Futures market (ii) Delivery at a future date (c) Forward market (iii) OTC contracts for future delivery

(A) (a)-(ii), (b)-(i), (c)-(iii)

(B) (a)-(i), (b)-(ii), (c)-(iii)

(C) (a)-(i), (b)-(iii), (c)-(ii)

(D) (a)-(iii), (b)-(i), (c)-(ii)

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Answer: C

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HPAS 2011 Prelims Question Paper – Q80

Which of the following statements is/are correct about Real Time Gross Settlement (RTGS) system? (i) It is maintained by the Reserve Bank of India. (ii) Transactions are settled individually… (iii) Transactions can be reversed…

(A) (i) and (ii)

(B) (ii) only

(C) (i) and (iii)

(D) (i), (ii) and (iii)

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Answer: A

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HPAS 2011 Prelims Question Paper – Q86

With reference to the Indian economy, what is the “Treasury Bill”?

(A) A bill related to government’s annual budget

(B) A short-term government promissory note

(C) A bill presented by the Finance Minister in Parliament

(D) A legislative bill authorizing taxation

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Answer: B

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