Chapter 10 Life in the Deserts

1. Which of the following grants/ grant direct credit assistance to rural households? (UPSC / IAS 2013)

(1) Regional Rural Banks

(2) National Bank for Agriculture and Rural Development

(3) Land Development Banks

Select the correct answer using the codes given below:

2. The national income of a country for a given period is equal to the

3. Economic growth in country X will necessarily have to occur if (UPSC / IAS 2013)

4. Supply of money remaining the same when there is an increase in demand for money, there will be (UPSC / IAS 2013)

5. Which one of the following is likely to be the most inflationary in its effect? (UPSC / IAS 2013)

6. Which one of the following groups of items is included in India’s foreign-exchange reserves? (UPSC / IAS 2013)

7. A rise in general level of prices may be caused by (UPSC / IAS 2013)

(1) an increase in the money supply

(2) a decrease in the aggregate level of output

(3) an increase in the effective demand

Select the correct answer using the codes given below.

8. To obtain full benefits of demographic dividend, what should India do? (UPSC / IAS 2013)

9. Priority Sector Lending by banks in India constitutes the lending to (UPSC / IAS 2013)

10. In the context of Indian economy, Open Market Operations’ refers to (UPSC / IAS 2013)

11. Consider the following liquid assets: (UPSC / IAS 2013)

(1) Demand deposits with the banks

(2) Time deposits with the banks

(3) Savings deposits with the banks

(4) Currency

The correct sequence of these decreasing order of Liquidity is

12. Disguised unemployment generally means (UPSC / IAS 2013)

13. Consider the following statements : (UPSC / IAS 2013)

(1) Inflation benefits the debtors.

(2) Inflation benefits the bond-holders.

Which of the statements given above is/are correct?

14. Which of the following constitute Capital Account? (UPSC / IAS 2013)

(1) Foreign Loans

(2) Foreign Direct Investment

(3) Private Remittances

(4) Portfolio Investment

Select the correct answer using the codes given below.

15. In India, deficit financing is used for raising resources for (UPSC / IAS 2013)

16. An increase in the Bank Rate generally indicates that the (UPSC / IAS 2013)

17. The Reserve Bank of India regulates the commercial banks in matters of (UPSC / IAS 2013)

(1) liquidity of assets

(2) branch expansion

(3) merger of banks

(4) winding-up of banks

Select the correct answer using the codes given below.

18. The balance of payments of a country is a systematic record of (UPSC / IAS 2013)