HPAS 2014 Economy

HPAS 2014 Prelims – Economy Questions

HPAS 2014 Prelims Question Paper – Q3

Which of the following is/are treated as artificial currency?

(A) ADR

(B) SDR

(C) GDR

(D) Both ADR and GDR

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Answer: B

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HPAS 2014 Prelims Question Paper – Q4

Disguised unemployment generally means:

(A) Large number of people remain unemployed

(B) Alternative employment is not available

(C) Marginal productivity of labour is zero

(D) Productivity of worker is low

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Answer: C

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HPAS 2014 Prelims Question Paper – Q5

In India, which of the following have the highest share in the disbursement of credit to agriculture and allied activities:

(A) Commercial Banks

(B) Micro Finance Institutions

(C) Regional Rural Banks

(D) Co-operative Banks

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Answer: A

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HPAS 2014 Prelims Question Paper – Q7

Consider the following can be termed as explanations for the present decline in oil prices: (i) The world markets are flush with supplies… (ii) The global economic slowdown… (iii) Europe is also not expected to contribute…

(A) (i) only

(B) (ii) only

(C) Both (i) and (ii)

(D) All of the above

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Answer: D

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HPAS 2014 Prelims Question Paper – Q8

Modi Government relaunched the Kisan Vikas Patra (KVP) investment scheme… (Statements on denomination, ceiling, tax benefits)

(A) (i) only

(B) (ii) only

(C) (i) and (iii) only

(D) All of the above

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Answer: D

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HPAS 2014 Prelims Question Paper – Q10

Shanta Kumar Committee has submitted its report on restructuring of Food Corporation of India (FCI) to Mr. Modi. Read the following recommendations and find the incorrect ones:

(A) (i) and (ii)

(B) (i) and (iii)

(C) (ii) and (iii)

(D) None of the above

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Answer: A

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HPAS 2014 Prelims Question Paper – Q63

Pradhan Mantri Jan Dhan Yojana was launched on:

(A) 15th August, 2014

(B) 1st January, 2015

(C) 26th January, 2015

(D) 28th August, 2014

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Answer: D

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HPAS 2014 Prelims Question Paper – Q65

According to Planning Commission estimates for 2011-12; which of the following states have maximum percentage of population below poverty line?

(A) Chhattisgarh

(B) Bihar

(C) Jharkhand

(D) Odisha

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Answer: D

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HPAS 2014 Prelims Question Paper – Q66

The World Investment Report (WIR) is published by:

(A) International Monetary Fund (IMF)

(B) United Nations Conference on Trade and Development (UNCTAD)

(C) General Agreement on Tariffs and Trade (GATT)

(D) Organisation of Economic Cooperation and Development (OECD)

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Answer: B

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HPAS 2014 Prelims Question Paper – Q67

SEBI was established in the year:

(A) 1988

(B) 1990

(C) 1991

(D) 1985

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Answer: A

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HPAS 2014 Prelims Question Paper – Q71

Recently the Government of India has decided to revise the base year for estimating the GDP from:

(A) 2001-02 to 2010-11

(B) 2004-05 to 2013-14

(C) 2004-05 to 2011-12

(D) 2001-02 to 2011-12

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Answer: C

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HPAS 2014 Prelims Question Paper – Q72

National Sample Survey Office (NSSO) was established in the year:

(A) 1950

(B) 1951

(C) 1947

(D) 1948

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Answer: A

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HPAS 2014 Prelims Question Paper – Q81

At present the primary energy source in the world is:

(A) Hydropower

(B) Fossil fuels

(C) Nuclear power

(D) Solar power

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Answer: B

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