TNPSC
GROUP I [NOV 2015]
PRELIMINARY
EXAM
ECONOMICS
(01)
The
National statistical commission of India was headed by
(A) Monteck singh Ahluwaliya
(B) C. Rangarajan
(C) Raghuram Rajan
(D) V.K.R.V. Rao
Ans: (B)
Explanation:
The Government of
India ordered setting up National Statistical Commission on 1 June 2005 on the
recommendation of C. Rangarajan Commission; The NSC's functions include
identifying core statistics, evolve standard statistical concepts, definitions,
etc. The role of NSC is also to evolve measures for improving public trust in
official statistics. The commission can ask for production of any document
which will help it serve statistical purposes.
(02)
Match:
(a)
|
Tax Revenue
|
1.
|
Provident Funds
|
(b)
|
Capital receipts
|
2.
|
Taxes on income and expenditure
|
(c)
|
Non-plan expenditure
|
3.
|
Sales tax
|
(d)
|
Value added tax
|
4.
|
Interest Payments
|
(a) (b) (c) (d)
(A) 4 3 2 1
(B) 1 3 4 2
(C) 2 1 4 3
(D) 2 3 4 1
Answer: (C)
Explanation:
Simple; VAT is a sales
tax; with this only (c) is there
(03)
The structure of Indian Financial system does not include
(A) Industrial finance
(B) Agricultural finance
(C) Development finance
(D) Deficit finance
Answer: <<doubt>>> (B)
or (D)
[Reliable Source - yet to be found]
(04)
Match:
(a)
|
The Banking Companies Ordinance
|
1.
|
1966
|
(b)
|
Special Bearers Bonds Ordinance
|
2.
|
1980
|
(c)
|
Unlawful Activities Prevention Ordinance
|
3.
|
1984
|
(d)
|
Terrorist Affected Areas Ordinance
|
4.
|
1981
|
(a) (b) (c) (d)
(A) 4 2 3 1
(B) 3 1 2 4
(C) 2 4 1 3
(D) 1 3 4 2
Answer: (C)
(05)
Industry which is reserved for public sector in New Economic Policy
(A) Atomic Energy
(B) Cotton Industry
(C) Sugar Industry
(D) Tea Industry
Answer: (A)
(06)
Agricultural unemployment may be classified into
I. Seasonal unemployment
II. Disguised unemployment
III. Chronic unemployment
Which is the correct answer?
(A) I and II only
(B) II and III only
(C) I and III only
(D) I, II and III
Answer: (A)
(07)
Fill up the blanks:
National population policy adopted in 2000 with a view to encourage
_____ and aim at stabilizing the population by _____
(A) Two child norm, 2020
(B) One child norm, 2030
(C) Two children norm, 2046
(D) One child norm, 2050
Answer: (C)
But the correct answer must be, 2045
Explanation:
The National Population Policy (NPP)
2000 provides a policy framework of achieving goals and prioritizing strategies
during the next decade to meet the reproductive and child health needs of the
people of India along with the target to achieve the net replacement levels
(Total Fertility Rate). It aims at stable population by 2045.
(08)
The MGNREGS differs from other poverty alliviation measures in the
following respects
I. It focuses on income generation to the targeted poor.
II. It is built around the notions of citizenship and entitlement.
III. It facilitates disclosure by means of regular and social audit.
IV. It operates as per the directions of the State/Central
Governments
(A) I and II
(B) II and III
(C) I and IV
(D) II and IV
Answer: (B)
(09)
Justice D.P. Wadhwa committee was appointed by the Supreme Court to
examine
(A) Insurance schemes
(B) The level of black money in the
country
(C) The functioning of rural
development programmes
(D) The Public Distribution System
Answer: (D)
Explanation:
Appointed by the Supreme Court of
India
(10)
The Nutrient Based Subsidy (NBS) policy for fertilizers was
implemented in India in
(A) 1966
(B) 1977
(C) 1991
(D) 2010
Answer: (D)
Explanation:
Introduced in March 2010
(11)
The phase of rapid growth of population in India falls
(A) between 1891-1921
(B) between 1921-1951
(C) between 1951-1981
(D) between 1981-2001
Answer: (C)
Explanation:
the demographic
history’ of India during the twentieth century can be charted and classified
into following four distinct phases.
·
Period of Stagnant Population
(1901-1921)
·
Period of Steady Growth (1921-1951)
·
Period of Rapid High Growth
(1951-1981)
·
Period of High Growth with Definite
Signs of Slowing Down (1981-2001)
(12)
Which of the following is/are incorrectly matched? Select your
answer according to the codes given below
I. Credit Creation - Reserve Bank of India
II. Commercial Bank - Adopting deposits
III. Reserve Bank of India - Control Credit
IV. Quantitative control - Scheduled Bank
(A) I only
(B) I and II
(C) II and IV
(D) I and IV
Answer: (A)
Explanation:
Commercial
Banks (SBI, etc) are adopting deposits; so options with II are removed
(A) I only
(D) I and IV
So now we left with I and IV,
considering IV, it is Quantitative Control (Bank Rate, SLR, CRR) should be
decided by RBI and applicable to Scheduled Banks; so IV may be right or wrong.
(13)
Arrange the following sectors in India descending order according to
the commercial energy consumption
1. Household sector
2. Agriculture
3. Industries
4. Transport
(A) 4, 3, 1, 2
(B) 3, 4, 1, 2
(C) 3, 4, 2, 1
(D) 4, 1, 3, 2
Answer: (B)
Explanation:
Energy
consumption: Industries is leading, so see the option with 3 as first; we left
with (B) and (C); next comes Transport (as per option), now 1 and 2;
(B) 3, 4, 1, 2 (Household >
Agriculture)
(C) 3, 4, 2, 1 (Agriculture >
Household)
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