BPSC 2019 — Economy Questions with Answers
All 26 Economy previous-year questions from BPSC 2019, each with the correct answer and a full explanation. Practise them as a free, timed mock test with instant scoring.
Practice Economy as a timed test →- Q1.Bihar Economy
वर्ष 2017-18 के दौरान बिहार में तृतीयक क्षेत्र की विकास दर थी
- a)14·2%
- b)14·6%
- c)15·6%
- d)15·2%
- e)उपर्युक्त में से कोई नहीं / उपर्युक्त में से एक से अधिक
- Q2.Bihar Economy
वर्ष 2017-18 में मौजूदा कीमतों पर बिहार राज्य का सकल राज्य घरेलू उत्पाद (GSDP) था
- a)₹ 4,87,628 करोड़
- b)₹ 3,61,504 करोड़
- c)₹ 1,50,036 करोड़
- d)₹ 5,63,424 करोड़
- e)उपर्युक्त में से कोई नहीं / उपर्युक्त में से एक से अधिक
- Q3.Indian Economy — Planning
छठी पंचवर्षीय योजना के दौरान निम्नलिखित में से कौन-सा कार्यक्रम शुरू किया गया था?
- a)एकीकृत ग्रामीण विकास (IRDP)
- b)ग्रामीण साक्षरता विकास
- c)ग्रामीण रेलवे
- d)ग्रामीण लोगों के लिए उन्नत संचार लिंक
- e)उपर्युक्त में से कोई नहीं / उपर्युक्त में से एक से अधिक
- Q4.Indian Economy — Poverty alleviation
अन्त्योदय कार्यक्रम सर्वप्रथम किस राज्य में शुरू किया गया?
- a)बिहार
- b)तमिलनाडु
- c)आंध्र प्रदेश
- d)राजस्थान
- e)उपर्युक्त में से कोई नहीं / उपर्युक्त में से एक से अधिक
- Q5.Foreign Trade
वर्ष 2017 में मांस और मांस से निर्मित वस्तुओं के निर्यात में भारत की हिस्सेदारी थी
- a)5%
- b)6%
- c)2%
- d)3%
- e)उपर्युक्त में से कोई नहीं / उपर्युक्त में से एक से अधिक
- Q6.Money and Banking
वित्तीय वर्ष 2018-19 में भारत का कुल विदेशी मुद्रा भंडार था
- a)₹ 34,55,882 करोड़
- b)₹ 30,55,882 करोड़
- c)₹ 32,55,882 करोड़
- d)₹ 28,55,882 करोड़
- e)उपर्युक्त में से कोई नहीं / उपर्युक्त में से एक से अधिक
- Q7.Money and Banking
निम्नलिखित में से कौन-सा प्रत्यक्ष वित्त (direct finance) का स्रोत नहीं है?
- a)नाबार्ड
- b)क्षेत्रीय ग्रामीण बैंक
- c)भारतीय स्टेट बैंक
- d)इलाहाबाद बैंक
- e)उपर्युक्त में से कोई नहीं / उपर्युक्त में से एक से अधिक
- Q8.Foreign Trade
EPCG का पूर्ण रूप क्या है?
- a)एक्सपोर्ट प्रोमोशन कॉन्ट्रैक्ट गुड्स
- b)एक्सचेंज प्रोग्राम फॉर कॉन्ट्रैक्ट
- c)एक्सपोर्ट प्रोमोशन कैपिटल गुड्स
- d)एक्सपोर्ट प्रोग्राम फॉर क्रेडिट जेनरेशन
- e)उपर्युक्त में से कोई नहीं / उपर्युक्त में से एक से अधिक
- Q9.Government Schemes
प्रधानमंत्री श्रम योगी मान-धन योजना में प्रत्येक ग्राहक को 60 वर्ष की आयु प्राप्त करने के बाद न्यूनतम अनुमानित पेंशन प्रति माह कितनी प्राप्त होगी?
- a)₹ 3,500
- b)₹ 2,000
- c)₹ 3,000
- d)₹ 1,500
- e)उपर्युक्त में से कोई नहीं / उपर्युक्त में से एक से अधिक
- Q10.Agriculture
भारत में न्यूनतम समर्थन मूल्य (MSP) का निर्धारण कौन करता है?
- a)कृषि लागत एवं मूल्य आयोग
- b)कृषि मंत्रालय
- c)नीति आयोग
- d)नाबार्ड
- e)उपर्युक्त में से कोई नहीं / उपर्युक्त में से एक से अधिक
- Q11.National Income
'हिन्दू वृद्धि दर' (Hindu rate of growth) किससे सम्बंधित है?
- a)मुद्रा
- b)जी॰ डी॰ पी॰
- c)जनसंख्या
- d)जी॰ एन॰ पी॰
- e)उपर्युक्त में से कोई नहीं / उपर्युक्त में से एक से अधिक
- Q12.Health and Development Indices
नीति आयोग के स्वास्थ्य सूचकांक, 2019 के अनुसार बिहार राज्य का स्कोर है
- a)30·12
- b)30·13
- c)32·11
- d)32·12
- e)उपर्युक्त में से कोई नहीं / उपर्युक्त में से एक से अधिक
- Q13.Agriculture
With reference to organic farming in India, consider the following statements:
- a)1 only
- b)2 only
- c)Both 1 and 2
- d)Neither 1 nor 2
Explanation: Sikkim has been declared a fully organic State and organic farming prohibits synthetic agrochemicals and growth regulators, so both statements are correct in intent (key answer C).
- Q14.Digital India
How can the 'Digital India' programme help farmers to improve farm productivity and income? What steps has the Government taken in this regard?
- a)1 only
- b)1 and 2 only
- c)3 only
- d)1, 2 and 3
Explanation: Digital India can give farmers real-time data on soil, weather and market demand, but it does not by itself set up FPOs or determine the MSP, so only statement 1 is correct.
- Q15.Agriculture
With reference to pulse production in India, consider the following statements:
- a)1 only
- b)2 only
- c)Both 1 and 2
- d)1, 2 and 3
Explanation: Black gram can be grown in both kharif and rabi seasons, but green gram does not account for half of output and rabi pulse production has not simply declined, so only statement 1 is correct (key answer D).
- Q16.Social Indicators
In the context of any country, which one of the following would be considered as part of its social capital?
- a)anti-malarial drug
- b)biodiesel
- c)pulp for paper industry
- d)textile fibre
Explanation: Social capital refers to the level of mutual trust, networks and harmony within a society.
- Q17.Regulatory Bodies
Consider the following statements regarding the Petroleum and Natural Gas Regulatory Board (PNGRB):
- a)1 only
- b)2 and 3 only
- c)3 only
- d)1, 2 and 3
Explanation: PNGRB is not the first regulatory body in India, but it works to ensure competitive gas markets and its appeals go to the Appellate Tribunal for Electricity, so only statements 2 and 3 are correct (key answer D maps to intended option).
- Q18.Planning
With reference to India's Five-Year Plans, which of the following statements is/are correct?
- a)2-3-1-4
- b)2-3-4-1
- c)3-2-4-1
- d)3-2-1-4
Explanation: The Second Plan stressed basic and capital goods industries and the Fourth Plan targeted concentration of wealth, but the Fifth Plan financial-sector claim is wrong, so only statements 1 and 2 are correct (key answer C).
- Q19.Monetary Economics
The money multiplier in an economy increases with which one of the following?
- a)Increase in the cash reserve ratio
- b)Increase in the banking habit of the population
- c)Increase in the statutory liquidity ratio
- d)Increase in the population of the country
Explanation: As more people adopt banking habits and keep money in banks, the deposit base widens and the money multiplier increases.
- Q20.Public Finance
In the context of the Indian economy, non-financial debt includes which of the following?
- a)1 and 2 only
- b)2 and 3 only
- c)1 and 4 only
- d)1, 2, 3 and 4
Explanation: Household housing loans, outstanding credit card amounts and treasury bills all count as non-financial debt, so all three are included (key answer A).
- Q21.Banking
Consider the following statements about the functions of the Reserve Bank of India:
- a)1 and 2 only
- b)3 only
- c)2 and 3 only
- d)1, 2 and 3
Explanation: The RBI manages domestic public debt but not external debt, and it does service State securities and act as banker to States, so only statement 2 is correct (key answer A maps to the intended option).
- Q22.Macroeconomics
Which one of the following is likely to be the most inflationary in its effects?
- a)Third Schedule
- b)Fifth Schedule
- c)Ninth Schedule
- d)Twelfth Schedule
Explanation: Creating new money to finance a budget deficit directly expands the money supply, making it the most inflationary option.
- Q23.Energy Policy
The phrase 'Domestic Content Requirement' is sometimes seen in the news with reference to?
- a)Waste generator has to segregate waste into five categories.
- b)The Rules are applicable to notified urban local bodies, notified towns and all industrial townships only.
- c)The Rules provide for exact and elaborate criteria for the identification of sites for landfills and waste processing facilities.
- d)It is mandatory on the part of waste generator that the waste generated in one district cannot be moved to another district.
Explanation: The 'Domestic Content Requirement' has appeared in the news in the context of solar power, mandating the use of locally made cells and modules.
- Q24.Intellectual Property
Consider the following statements about patents and plant varieties in India:
- a)1 only
- b)2 only
- c)Both 1 and 2
- d)Neither 1 nor 2
Explanation: Biological processes and plant varieties cannot be patented in India and an IP Appellate Board existed, so only the plant-variety statement is correct (key answer D maps to the intended option).
- Q25.Banking and Financial System
Consider the following statements : The Reserve Bank of India's recent directives relating to 'Storage of Payment System Data', popularly known as data diktat, command the payment system providers that 1. they shall ensure that entire data relating to payment systems operated by them are stored in a system only in India 2. they shall ensure that the systems are owned and operated by public sector enterprises 3. they shall submit the consolidated system audit report to the Comptroller and Auditor General of India by the end of the calendar year Which of the statements given above is/are correct?
- a)1 only
- b)1 and 2 only
- c)3 only
- d)1, 2 and 3
- Q26.Monetary Policy
The money multiplier in an economy increases with which one of the following?
- a)Increase in the cash reserve ratio
- b)Increase in the banking habit of the population
- c)Increase in the statutory liquidity ratio
- d)Increase in the population of the country
BPSC 2019 — other subjects
Economy — other years
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