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TEST BOOKLET

GENERAL STUDIES (P) 2025 – Test – 4707

C
Time Allowed: Two Hours Maximum Marks: 200

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1. Consider the following statements regarding 4. In the context of macroeconomics, 'Broad
Regional Rural Banks (RRB): Money' includes which of the following along
1. They are jointly set up by the central with currency in circulation?
government, state government, and a (a) Time deposits held by commercial banks
public sector bank with the state and post offices
government holding majority of stake. (b) Demand deposits held by Banks
2. They are regulated by RBI and
(c) Both (a) and (b)
supervised by state governments.
(d) Cash Reserves of the Banks held with
3. The Priority Sector Lending Target for
RBI
RRB is 90 percent of their Adjusted Net
Bank Credit (ANBC).
5. Under this Public-Private Partnership model,
How many of the above statements are
the cost is completely borne by the
correct?
government. The government invites bids for
(a) Only one
engineering knowledge from private players.
(b) Only two
(c) All three Procurement of raw materials and
(d) None construction costs are met by the government.
The private sector's participation is minimal
2. This concept discusses that taxation and and is limited to the provision of engineering
borrowing are equivalent means of financing expertise.
expenditure. When the government increases Which of the following investment models
spending by borrowing today, which will be has been described the passage given above?
repaid by taxes in the future, it will have the (a) Build Operate and Transfer (BOT)
same impact on the economy as an increase Annuity Model
in government expenditure that is financed by (b) Engineering, Procurement and
a tax increase today. Construction (EPC) Model
Which of the following concepts has been (c) Build Operate and Transfer (BOT) Toll
described by the passage given above? Model
(a) Ricardian equivalence (d) Hybrid Annuity Model (HAM)
(b) Smithian equivalence
(c) Phillip’s equivalence 6. Consider the following statements regarding
(d) Nashian equivalence Treasury Bills (T-bills):
1. They are zero coupon securities that are
3. The output of a Japanese car company located
issued at a discount and redeemed in face
in India would be
value at maturity.
(a) Included in Japan's gross domestic
2. These are long term debt instruments
product (GDP) but in India's Gross
issued for maturities of more than 364
National Product (GNP).
days.
(b) Included in both Japan's and India's
Which of the statements given above is/are
gross domestic product (GDP).
corerct?
(c) Included in India's gross domestic
(a) 1 only
product (GDP) but in Japan's Gross
National Product (GNP). (b) 2 only
(d) Included in both Japan's and India's (c) Both 1 and 2
gross national product (GNP). (d) Neither 1 nor 2

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7. Which of the following statements best 9. Consider the following statements regarding
describes the Balance of Payment (BOP) of a Foreign Direct Investment (FDI) and Foreign
country? Portfolio Investment (FPI) in India:
(a) It is a comprehensive record of all
1. Foreign Direct Investment (FDI) is the
economic transactions between
investment through equity instruments by
government of a country and the
a person resident outside India under
governments of rest of the world over a
certain conditions.
specific period.
(b) It is a statistical analysis of a country's 2. FPI often leads to technology transfer,

domestic budget, including government job creation, and infrastructure

expenditures and tax revenues. development in the host country, whereas
(c) It is a measure of a country's net foreign FDI primarily affects the liquidity and
exchange reserves over a specific period. efficiency of financial markets.
(d) It is a systematic record of all
Which of the statements given above is/are
transactions in goods, services and assets
correct?
between residents of a country and the
(a) 1 only
rest of the world over a defined period.
(b) 2 only

8. With reference to MSME categorisation, (c) Both 1 and 2

consider the following statements: (d) Neither 1 nor 2

1. Micro enterprises are those with
investments not more than Rs.1 crore and 10. Consider the following statements regarding
annual turnover not more than Rs. 5
the World Trade Organisation (WTO):
crore.
1. All the United Nations countries are
2. Small enterprises are those with
members of the WTO.
investments not more than Rs. 10 crore
2. The General Council is the highest
and annual turnover not more than Rs 50
crore. decision-making body of the WTO.

3. Medium enterprises are those with 3. One of the objectives of the WTO is to
investments not more than Rs. 100 crore achieve the exchange rate stability in
and annual turnover not more than Rs. different economies.
500 crore. How many statements given above are not
Which of the statements given above is/are
correct?
correct?
(a) Only one
(a) 1 only
(b) Only two
(b) 1 and 2 only
(c) Only three
(c) 2 and 3 only
(d) 1, 2 and 3 (d) None

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11. Consider the following statements regarding 14. In the context of the economy, consider the
the agricultural census in India: following statements:
1. In India, it is conducted every 5 years by 1. Gross national product (GNP) is obtained
the Ministry of Agriculture and Farmers by deducting net factor income from
Welfare. abroad from the gross domestic product
2. It is carried out as a Central Sector (GDP).
Scheme. 2. Net national product (NNP) is obtained
3. The first agricultural census in India was by deducting depreciation from gross
carried out during the first five-year plan. national product (GNP).
How many of the statements given above are Which of the statements given above is/are
correct? correct?
(a) Only one (a) 1 only
(b) Only two (b) 2 only
(c) All three (c) Both 1 and 2
(d) None (d) Neither 1 nor 2

12. Consider the following: 15. Consider the following statements regarding
1. Net Income from shipping services Minimum Support Price (MSP):
2. Net Income from tourism 1. MSP aims to protect farmers from market
3. Net Income from banking services fluctuations and thus prevent distress
How many of the above constitute Net Non- sales of crops by farmers.
Factor income in the Balance of Payment? 2. MSP is a legally guaranteed minimum
(a) Only one price offered by the government of India
(b) Only two for some of the food grain and
(c) All three commercial crops.
(d) None Which of the statements given above is/are
correct?
13. Consider the following statements regarding (a) 1 only
the Asian Infrastructure Investment Bank: (b) 2 only
1. It was founded with the purpose to act as (c) Both 1 and 2
an alternative to the World Bank for (d) Neither 1 nor 2
providing funds to its member countries.
2. It is headquartered in Beijing. 16. Which of the following bodies/organizations
3. It has permanent observer status in the was jointly involved in the development of
deliberations of the United Nations the System of National Accounts (SNA),
General Assembly. which is used to compile measures of
How many of the statements given above are economic activity globally?
correct? (a) United Nations
(a) Only one (b) Ministry of Statistics and Programme
(b) Only two Implementation
(c) All three (c) United States Federal Bank
(d) None (d) World Economic Forum
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17. In the context of economy, which of the 19. Consider the following pairs:

following statements best describes the term Method Meaning

“Green GDP”? 1. Follow on : A listed company

Public Offer comes out with a
(a) Contribution of the renewable energy
fresh issue of shares
sector in GDP.
2. Preferential : Procedure of bulk
(b) Contribution of biodiversity in economic
issue allotment of fresh
growth.
shares to a specific
(c) Colour-coded method of GDP
group of individuals,
calculation by United Nations.
venture capitalists
(d) GDP calculation after adjusting for etc
environmental damage. 3. Rights Issue : Issue of shares to
existing equity

18. As per "Jobs for Resilience, South Asia shareholders in

Development Update” released by the World proportion to their

Bank, the South Asia region including India existing

shareholding
is not reaping its demographic dividend. In
How many of the pairs given above are
this context consider the following:
correctly matched?
1. Exceptionally low share of women in
(a) Only one
employment
(b) Only two
2. Weak employment trends in non-
(c) All three
agricultural sectors (d) None
3. Employment ratio of the region is

relatively lower than other emerging 20. Consider the following:

economies 1. Increase in Repo rate by the RBI

4. Narrow demographic window, which is 2. Decrease in direct tax rates

to exist only till 2035 3. Decrease in export of items such as

agricultural crops.
How many of the above may be the causes for
How many of the above will help in
such a trend?
controlling the inflation?
(a) Only one
(a) Only one
(b) Only two
(b) Only two
(c) Only three
(c) All three
(d) All four
(d) None
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21. Consider the following statements regarding 24. Consider the following:
Insurance Sector in India: 1. Gross Fiscal Deficit is obtained by
1. India's insurance penetration is more than excluding both revenue receipts and non-
10 percent of GDP. debt creating capital receipts from total
2. The FDI limit in the insurance sector is at expenditure.
51%. 2. The primary deficit is gross fiscal deficit
3. Insurance density in India is more than minus gross interest liabilities.
20000 rupees.
Which of the statements given above is/are
How many of the above statements are
correct?
correct?
(a) 1 only
(a) Only one
(b) 2 only
(b) Only two
(c) Both 1 and 2
(c) All three
(d) Neither 1 nor 2
(d) None

22. Consider the following statements regarding 25. Consider the following statements about the

the World Bank Group: Sovereign Gold Bonds (SGBs):

1. To join the World Bank Group, a country 1. These are issued by the RBI on behalf of
first needs to become a member of the the government.
International Monetary Fund (IMF). 2. The value of these bonds is tied to the
2. The International Bank for value of gold.
Reconstruction and Development 3. These are traded on both, the Bombay
(IBRD) offers interest-free loans to the Stock Exchange and the National Stock
world’s poorest countries. Exchange.
3. India is a member of all five institutions How many of the above statements
of the World Bank Group. are not correct?
How many of the statements given above are (a) Only one
correct? (b) Only two
(a) Only one
(c) All three
(b) Only two
(d) None
(c) All three
(d) None
26. Consider the following:
1. Personal Income
23. Consider the following actions of RBI:
2. Goods production within the country
1. Decreasing Interest Rates
3. Imports from other countries
2. Increasing Reserve requirements
3. Selling government bonds 4. Fees on services rendered by the

How many of the above are likely actions of government

RBI during hawkish/ contractionary How many of the above can be sources of tax
monetary policy? revenue to the government?
(a) Only one (a) Only one
(b) Only two (b) Only two
(c) All three (c) Only three
(d) None (d) All four
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27. Consider the following statements regarding 30. Which of the following governement body
the National Skill Development Corporation heads the "Indian Historical Records
NSDC: Commission" (IHRC)?
1. It is a not-for-profit public limited (a) Ministry of Education
company, fully owned by the (b) Archaeological Survey of India
government. (c) Indian Council for Cultural Relations
2. Ministry of Skill Development & (d) Union Minister of Culture
Entrepreneurship is the nodal agency.
3. Its main objective is to establish and run 31. Consider the following statements regarding
public institutions related to skill the Special Economic Zone (SEZ):
development. 1. SEZ operate under the provisions of
How many of the above statements are Special Economic Zones Act, 2005.
correct? 2. Both central and state governments have
(a) Only one the power to establish SEZ.
(b) Only two 3. It is deemed to be a foreign territory for
trade operations, duties and tariffs.
(c) All three
How many of the statements given above are
(d) None
correct?
(a) Only one
28. Consider the following statements regarding
(b) Only two
capital markets:
(c) All three
1. They deal in debt as well as equity
(d) None
instruments.
2. Certificate of deposits and commercial
32. Consider the following:
papers are securities traded in the capital
1. Price stability
markets.
2. Economic Growth
3. Public participation is limited in capital
3. Employment generation
markets compared to the money market.
How many of the above are the objectives of
How many of the above statements are
fiscal policy?
correct?
(a) Only one
(a) Only one
(b) Only two
(b) Only two (c) All three
(c) All three (d) None
(d) None
33. Which of the following is/are forms of narrow
29. Consider the following situations: money?
1. Decrease of interest rates in India. 1. Currency notes
2. Decrease in demand for foreign goods. 2. Demand deposits held by commercial
3. Expectations of future appreciation of banks
foreign currency. 3. Net time deposits of commercial banks
How many of the above situations could lead Select the correct answer using the code given
to the appreciation of the Indian rupee? below.
(a) Only one (a) 1 only
(b) Only two (b) 1 and 2 only
(c) All three (c) 2 and 3 only
(d) None (d) 1, 2 and 3
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46. Which of the following funds receives the 49. Fair and Remunerative Price (FRP) is a
proceeds from the disinvestment of Central guaranteed price set by the government to
Public Sector Enterprises (CPSEs) in India? ensure fair compensation to farmers for the
cultivation of which of the following crops?
(a) National Investment and Infrastructure
(a) Rice
Fund (NIIF)
(b) Sugarcane
(b) National Development Fund (NDF)
(c) Cotton
(c) National Investment Fund (NIF) (d) Minor Forest Produce
(d) India Infrastructure Project Development
Fund (IIPDF) 50. Prasanta Chandra Mahalanobis, also known
as the architect of Indian Planning, was
47. With With reference to Child Care Leave responsible for formulating which of the
following five-year plans?
(CCL) under Central Civil Services (Leave)
(a) First Five Year Plan
Rules, 1972, consider the following
(b) Sixth Five Year Plan
statements:
(c) Second Five Year Plan
1. Female employees under the age of 18 (d) Fifth Five Year Plan
years are allowed CCL of 1 year to look
after their children. 51. Consider the following situations:
2. There is no age limit in the case of a 1. A decrease in the repo rate leads to a
differently abled child. decrease in the money supply in an
economy.
3. Denying a woman's Child Care Leave is
2. An increase in the repo rate leads to a
a violation of the constitution.
decrease in the prices of goods
How many of the above statements are (Inflation).
correct? Which of the above situations is/are an
(a) Only one Efficient Monetary Policy Transmission in an
(b) Only two economy?
(c) All three (a) 1 only
(d) None (b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
48. Consider the following statements regarding
the Securities and Exchange Board of India 52. Consider the following:
(SEBI): 1. Increase in agricultural production and
1. It is a statutory body. productivity
2. It regulates all intermediaries in stock 2. Excessive Usage of Chemicals
exchanges like share brokers, 3. Monocropping
underwriters and mutual funds. 4. Depletion of Groundwater.
How many of the above were the
Which of the statements given above is/are
consequences of the Green Revolution in
correct?
India?
(a) 1 only (a) Only one
(b) 2 only (b) Only two
(c) Both 1 and 2 (c) Only three
(d) Neither 1 nor 2 (d) All four
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53. Consider the following statements regarding 57. The term "Doxxing," often mentioned in the
micro-insurance in India: news, is primarily associated with:
1. It aims to promote insurance coverage (a) cybersecurity measures against online
among economically vulnerable sections hacking.
of society. (b) development of encryption technologies
2. It is regulated by the Reserve Bank of
for secure communication.
India (RBI).
(c) legal procedures for copyright
3. Micro insurance can include both general
protection.
insurance policies as well as life
(d) unauthorized sharing of personal or
insurance policies.
private information on the internet.
How many of the above statements are
correct?
(a) Only one 58. The ASPIRE Scheme is primarily associated
(b) Only two with which of the following objectives of the
(c) All three Government of India?
(d) None (a) Skill development centers for rural youth
(b) Technology and incubation centers for
54. When people are employed in a job where fostering entrepreneurship in the agro-
their presence or absence does not make any industry
difference is known as: (c) Registration and recognition of Micro,
(a) Opportunity cost of employment
Small and Medium Enterprises (MSMEs)
(b) Underemployment
(d) Promote public-private partnerships in
(c) Informal employment
infrastructure development
(d) Disguised unemployment

59. Consider the following statements about the

55. Consider the following pairs:
Military Exercise Nations involved Climate Technology Centre and Network
1. Tiger Triumph : India and the US (CTCN):
2. DUSTLIK : India and 1. It was established at the UN Framework
Uzbekistan Convention on Climate Change Paris
3. Lamitiye : India and summit in 2016.
Seychelles 2. The main goal of the CTCN is to foster
How many of the above pairs are correctly the transfer of climate technologies for
matched? low-carbon and climate-resilient
(a) Only one pair development.
(b) Only two pairs
3. CTCN is the implementation arm of the
(c) All three pairs
Technology Mechanism of the UN
(d) None of the pairs
Framework Convention on Climate
Change.
56. Which of the following establishes the
How many of the statements given above are
inversely proportional relation between
inflation and unemployment rate? correct?
(a) Laffer curve (a) Only one
(b) Philips curve (b) Only two
(c) Lorenz curve (c) All three
(d) Kuznets curve (d) None
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60. Which of the following organizations publish 63. With reference to the Crystal Maze 2,
the World Development Report? consider the following statements:
1. It is an advanced air-launched missile
(a) International Monetary Fund (IMF)
developed by India under Make in India
(b) The World Bank Group initiative.
(c) World Economic Forum (WEF) 2. It is capable of hitting a target over 250
kilometers away.
(d) United Nations Conference on Trade and
3. It is designed to target high-value
Development (UNCTAD) movable and relocatable assets like
fighter aircraft.
61. Consider the following statements regarding How many of the statements given above are
correct?
the 'White label ATMs':
(a) Only one
1. They can accept and service all bank (b) Only two
customers by charging fees. (c) All three
(d) None
2. They are owned and operated by the
National Payments Corporation of India 64. Which of the following reports given below
(NPCI). are published by the International Monetary
Fund (IMF)?
Which of the statements given above is/are
1. World Economic Outlook
correct?
2. Global Economic Prospects report
(a) 1 only 3. The Fiscal Monitor
(b) 2 only Select the correct answer using the code given
below.
(c) Both 1 and 2
(a) 1 and 2 only
(d) Neither 1 nor 2 (b) 2 and 3 only
(c) 1 and 3 only
(d) 1, 2 and 3
62. Which of the following are the changes made
in government budgeting to make it more 65. With reference to the Unified Payment
efficient and effective? Interface (UPI), consider the following
1. Restructuring of Centrally Sponsored statements:
1. The UPI Lite app can only hold a
schemes
maximum of Rs 2000 at a time.
2. Merger of Railway and General budget 2. Users are not required to enter their UPI
3. Classification into Plan and Non-Plan PIN to confirm UPI Lite payments.
3. UPI allows users to deposit cash at Cash
classification
Deposit Machines without using a
Select the correct answer using the code given debit/credit card.
below. How many of the statements given above are
(a) 1 and 2 only correct?
(a) Only one
(b) 2 and 3 only
(b) Only two
(c) 1 and 3 only (c) All three
(d) 1, 2 and 3 (d) None
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66. Which of the following is not a part of India’s 70. The concept of Buffer stock of grains was
annual budget as mandated by the Fiscal introduced during which of the following
Responsibility and Budget Management Act, five-year plans?
2003? (a) First Five-year plan
(a) Financial Stability Report (b) Third Five-year plan
(b) Medium-term Fiscal Policy Statement (c) Fourth Five-year plan
(c) Fiscal Policy Strategy Statement (d) Eleventh Five-year plan
(d) Macroeconomic Framework Statement

67. Consider the following statements with 71. With reference to the Kalvari Class
reference to National Accounts Statistics: Submarine, consider the following
1. At present, the Central Statistical Office statements:
(CSO) uses 2014-15 as the base year. 1. Kalvari Class submarines feature
2. In calculating the real and nominal GDPs nuclear-powered propulsion systems.
of the current year, the production 2. The Kalvari Class submarines are built as
volume is fixed. a part of the collaboration between India
Which of the statements given above is/are and Russia.
correct? Which of the statements given above is/are
(a) 1 only correct?
(b) 2 only (a) 1 only
(c) Both 1 and 2 (b) 2 only
(d) Neither 1 nor 2
(c) Both 1 and 2
68. Consider the following statements about (d) Neither 1 nor 2
Masala Bonds:
1. Masala bonds are debt instruments issued 72. The term 'Vasuki indicus' is often mentioned
in the Indian capital market. in the news in reference to
2. They aim to raise funds to support private (a) a fossil of a kind of venomous snake
sector infrastructure development found in India.
initiatives in India. (b) a newly discovered amphibian species in
Which of the statements given above is/are the Western Ghats.
correct? (c) a medicinal plant found exclusively in the
(a) 1 only Himalayas.
(b) 2 only
(d) an early human species found in North-
(c) Both 1 and 2
East India.
(d) Neither 1 nor 2

73. Consider the following statements:

69. Consider the following statements:
1. Inflationary gap refers to a situation
1. The Drought Prone Area Development
where aggregate demand is less than the
Programme (DPAP) was launched during
productive capacity of an economy.
the first five-year plan.
2. Increase in tax and reduction in transfer
2. The Rolling Plan was implemented after
the rejection of the fifth five-year plan. payments can reduce the inflationary gap.
Which of the statements given above is/are Which of the statements given above is/are
correct? correct?
(a) 1 only (a) 1 only
(b) 2 only (b) 2 only
(c) Both 1 and 2 (c) Both 1 and 2
(d) Neither 1 nor 2 (d) Neither 1 nor 2
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74. Consider the following foreign Investments: 77. Consider the following statements regarding
1. A foreign manufacturer acquiring an Outcome Budgeting:
interest in an Indian company that 1. It gives project-wise outlays for all
supplies it with the raw materials it needs. ministries against outcomes listed during
2. A foreign company invests in an Indian the year.
business that is unrelated to its core 2. The outcomes are expected results not
business. only in terms of monetary units or
physical infrastructure but also in terms
3. A foreign company establishes the same
of qualitative targets and achievements.
type of business operation in India as it
Which of the statements given above is/are
operates in its home country.
correct?
Which of the above is/are considered as
(a) 1 only
horizontal FDI coming into India?
(b) 2 only
(a) 1 and 3 only (c) Both 1 and 2
(b) 1 only (d) Neither 1 nor 2
(c) 3 only
(d) 1 and 2 only 78. With reference to the Koodiyattam art form,
consider the following statements:
75. Consider the following: 1. It is a Sanskrit theatre tradition of Kerala.
1. Economic growth 2. It is performed by the Chakyar
2. Modernisation community.
3. Self-reliance 3. It has been included in UNESCO's
4. Equity Intangible Cultural Heritage list.
How many of the above were the primary How many of the above statements are
goals of the Five-year Plans in India? correct?
(a) Only one
(a) Only one
(b) Only two
(b) Only two
(c) All three
(c) Only three
(d) None
(d) All four

79. Consider the following statements regarding

76. Recently, AstraZeneca for the first time aviation sector in India:
admitted that its COVID-19 vaccine 1. The civil aviation sector contributes less
(Covishield) had rare side effects including than 3% to the GDP.
Thrombosis with Thrombocytopenia 2. Director General of Civil Aviation
Syndrome (TTS). In this regard, which of the (DGCA) is the regulatory body in the
following statements best describes the term field of civil aviation.
'Thrombosis'? 3. Regional Connectivity Scheme-Ude
(a) It is a rare condition in which blood clots Desh ka Aam Nagrik (UDAN) will be
form in unusual places in the body. applicable on flights which cover
(b) It is a condition in which a decrease in distance between 200 km and 1200 km
bone density occurs that affects elderly only.
populations. How many of the above statements are
correct?
(c) The contraction of muscles in the heart
(a) Only one
leads to a heart attack.
(b) Only two
(d) It is a condition in which inflammation of
(c) All three
the veins is caused by viral infections.
(d) None
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80. With reference to elections in India, consider 84. Consider the following statements regarding
the following: the Asian Development Bank (ADB):
1. Damage to EVMs 1. India is among the top five largest
2. Booth-capturing shareholders of ADB.
3. Natural disasters 2. At present, it has more than 100
How many of the above are valid reasons to
members.
declare a poll at a polling station void by the
3. It provides financing to only public sector
Election Commission of India?
projects and public-private partnership
(a) Only one
projects.
(b) Only two
How many of the statements given above are
(c) All three
(d) None correct?
(a) Only one
81. Recently, the Supreme Court has stayed the (b) Only two
construction of four proposed dams inside (c) All three
Kalesar Wildlife Sanctuary. In this context, in (d) None
which of the following states/union territories
of India the Kalesar Wildlife Sanctuary is 85. Consider the following statements regarding
situated? shipping sector in India:
(a) Punjab 1. Around 95 per cent of India's trade by
(b) Jammu and Kashmir
volume and 68 per cent in terms of value
(c) Haryana
is transported by sea.
(d) Rajasthan
2. Inland Water Transport (IWT) carries
less than 2 percent of India's organized
82. With reference to accounting, consider the
freight traffic.
following variables:
1. Income Which of the statements given above is/are
2. Profits correct?
3. Bank Balance (a) 1 only
4. Equity Shareholdings (b) 2 only
How many of the above are classified as flow (c) Both 1 and 2
variables? (d) Neither 1 nor 2
(a) Only one
(b) Only two 86. Consider the following statements regarding
(c) Only three the infrastructure sector of India:
(d) All four
1. Indian Railways is the fourth largest
network in the world lengthwise.
83. Which of the following was the primary
2. National Highways constituted about 10
objective of land reforms in India post-
percent of India's total road network.
independence?
Which of the statements given above is/are
(a) Redistribution of land to landless farmers
(b) Consolidation of fragmented land correct?
holdings to boost the real estate sector (a) 1 only
(c) Promotion of the heavy indutries (b) 2 only
(d) Privatization of agricultural land to (c) Both 1 and 2
encourage commercial cultivation (d) Neither 1 nor 2
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87. Consider the following statements: 90. Consider the following statements:

1. An ad valorem tax is a tax based on the Statement-I: The benefits of public goods are
available to all and not restricted to a
assessed value of an item, such as real
particular consumer class.
estate or personal property.
Statement-II: Public goods are produced
2. The Goods and Services Tax is an ad exclusively by the government.
valorem tax. Which one of the following is correct in
respect of the above statements?
Which of the statements given above is/are
(a) Both Statement-I and Statement-II are
correct?
correct and Statement-II is the correct
(a) 1 only explanation for Statement-I
(b) 2 only (b) Both Statement-I and Statement-II are
(c) Both 1 and 2 correct and Statement-II is not the correct
explanation for Statement-I
(d) Neither 1 nor 2
(c) Statement-I is correct but Statement-II is
incorrect
88. Consider the following statements regarding (d) Statement-I is incorrect but Statement-II
the Financial Intelligence Unit (FIU) of India: is correct

1. It functions under the direct jurisdiction

91. Consider the following:
of the Ministry of Home Affairs.
1. Accepting Demand deposits
2. It is mandatory for banks in India to 2. Remittances Services
furnish monthly cash transaction reports 3. Providing Net Banking and fund transfer
to the FIU on transactions over Rs. 2.5 services
4. Providing Credit cards and loans to
lakh.
unserved and underserved sections
Which of the statements given above is/are
How many of the above services are provided
correct? by Payment Banks in India?
(a) 1 only (a) Only one

(b) 2 only (b) Only two

(c) Only three
(c) Both 1 and 2
(d) All four
(d) Neither 1 nor 2

92. “Regenerative Blue Economy – Mapping the

89. Which one of the following is widely used as Blue Economy” report sometimes seen in the
news, was published by:
a ripening agent for fruits?
(a) World Bank
(a) Methanol
(b) International Union for Conservation of
(b) Ethylene Nature
(c) Propyl Alcohol (c) United Nations Environment Program
(d) Sodium carbonate (d) World Wide Fund for Nature
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93. Consider the following statements regarding 96. Consider the following statements regarding
Telecom Sector in India: the Goods and Service Tax (GST):
1. India is the world’s second-largest 1. It is a single comprehensive direct tax.

telecommunications market with a 2. It is a destination-based consumption tax

subscriber base of over a billion. applicable throughout the country.

Which of the statements given above is/are
2. Foreign direct investment of up to 74% is
correct?
allowed through the automatic route.
(a) 1 only
3. The 5G network has been rolled out in all
(b) 2 only
28 states and 8 UTs in India.
(c) Both 1 and 2
How many of the above statements are
(d) Neither 1 nor 2
correct?
(a) Only one 97. Consider the following pairs:
(b) Only two Term Meaning
(c) All three 1. Disinflation : Persistent fall in
(d) None prices
2. Deflation : Reduction in rate of
94. With reference to Lok Adalat, consider the inflation
following statements: 3. Reflation : Increase in price

1. It is one of the Alternative Dispute level during

economic recovery
Resolution (ADR) mechanisms.
How many of the pairs given above are
2. It has been granted statutory status under
correctly matched?
the Legal Services Authorities Act, 1987.
(a) Only one pair
3. The persons/members deciding cases in
(b) Only two pairs
the Lok Adalats act in a judicial capacity.
(c) All three pairs
How many of the statements given above are
(d) None of the pairs
correct?
(a) Only one 98. Consider the following pairs:
(b) Only two Harvest Festivals States
(c) All three 1. Bohag Bihu : West Bengal
(d) None 2. Puthandu : Tamil Nadu
3. Poila Boishak : Chattisgarh
95. The recently discovered 5,200-year-old 4. Vishu : Andhra Pradesh
Harappan settlement at "Padta Bet" is located How many pairs given above are correctly
in which of the following states? matched?
(a) Punjab (a) Only one pair
(b) Gujarat (b) Only two pairs

(c) Rajasthan (c) Only three pairs

(d) Haryana (d) All four pairs

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99. Consider the following statements regarding
Consumer Price Index (CPI):
1. CPI measure changes over time in
general level of prices of goods and
services that households acquire for the
purpose of consumption.
2. All the existing four types of CPI have
been placed at same base year for the sake
of uniformity.
Which of the statements given above is/are
correct?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2

100. Consider the following statements:

1. Labour force includes all the people in the
working age group of 15 to 59 years.
2. Worker population ratio is defined as the
percentage of employed persons in
population.
3. Unemployment rate is the percentage of
persons unemployed among the persons
in the labour force.
How many of the statements given above are
correct?
(a) Only one
(b) Only two
(c) All three
(d) None

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