UPSC Prelims 2021 Economy

UPSC Prelims 2021 Economy PYQs — start a timed practice test with explanations. 14 questions.

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Ancient History 3 Art & Culture 10 Economy 14 Environment & Ecology 18 Geography 9 Indian Polity 18 International Relations 2 Medieval History 4 Modern History 7 Science & Technology 13 Social Issues & Schemes 2

Question 1 Easy

Consider the following statements: The effect of devaluation of a currency is that it necessarily:- 1. improves the competitiveness of the domestic exports in the fore...

Question 2 Easy

Consider the following statements: 1. The Governor of the Reserve Bank of India (RBI) is appointed by the Central Government. 2. Certain provisions in the Constitution...

Question 3 Easy

Which among the following steps is most likely to be taken at the time of an economic recession?

Question 4 Medium

Consider the following 1. Foreign Currency convertible bonds 2. Foriegn Institutional investment with certain conditions 3. Global depository receipts 4. Non-resident ...

Question 5 Easy

India Government Bond Yields are influenced by which of the following? 1. Actions of the United States Federal Reserve. 2. Actions of the Reserve Bank of India. 3. Inf...

Question 6 Easy

Which one of the following effects of creation of black money in India has been the main cause of worry to the Government of India?

Question 7 Easy

Consider the following statements: Other things remaining unchanged, market demand for a good might increase if 1. Price of its substitute increases 2. Price of its co...

Question 8 Medium

With reference to ’palm oil’, consider the following statements: 1. The palm oil tree is native to Southeast Asia. 2. The palm oil is a raw material for some industrie...

Question 9 Easy

With reference to Indian economy, demand pull-inflation can be caused/increased by which of the following? 1. Expansionary policies 2. Fiscal stimulus 3. Inflation-ind...

Question 10 Easy

Which one of the following is likely to be the most inflationary in its effects?

Question 11 Medium

With reference to India, consider the following statements: 1. Retail investors through demat account can invest in ‘Treasury Bills’ and ‘Government of India Debt Bond...

Question 12 Easy

In India, the central bank’s function as the ‘lender of last resort’ usually refers to which of the following? 1. Lending to trade and industry bodies when they fail t...