CGL 2023 Prelims Economics Part 2

Question 1 of 25

1. Question

Which of the following can be referred to in the estimation of poverty?

Average Marginal Utility
Maximum Support Value
Minimum Support Price
Monthly Per Capita Expenditure

Question 2 of 25

2. Question

Who is known as the father of the green revolution in the world?

Ralph Bunche
Linus Pauling
MS Swaminathan
Norman Borlaug

Question 3 of 25

3. Question

Which of the following was established on the recommendation of the Hilton Young Commission?

SEBI
RBI
SBI
NABARD

Question 4 of 25

4. Question

Which five-year plan emphasised on the development of industries and industrial base in India?

Second
Fourth
Third
First

Question 5 of 25

5. Question

Why is PC Mahalanobis’ name talked about in the context of Five-Year Plans?

He was the chairman of the Planning Commission.
He established the Institute of Economic Growth.
He conceptualised the framework for the Second Five-Year Plan.
He was the finance minister during the First Five-Year Plan period.

Question 6 of 25

6. Question

Micro credit or micro finance is a novel approach to bank with poor. In this approach bank credit is extended to the poor through ____?

Co-operative credit societies
RBI
Self-help groups
Anganwadees

Question 7 of 25

7. Question

According to Census of India 2011, which group of states of India has the highest population?

Uttar Pradesh and Maharashtra
Arunachal Pradesh and Manipur
Maharashtra and Bihar
Uttar Pradesh and Bihar

Question 8 of 25

8. Question

Which Of the following is a negative effect Of Green Revolution in India?

(i) Depletion of groundwater table
(ii) Deterioration in the quality of soil
(iii) Increased input cost

(ii) and (iii)
(i) and (ii)
(i), (ii) and (iii)
Only (iii)

Question 9 of 25

9. Question

Agriculture sector is a part of the:

Tertiary sector
Secondary sector
Primary sector
Quaternary sector

Question 10 of 25

10. Question

If the interest rate goes up, the demand for money will _____?

First rise and then falls
Rise
Remain the same
Fall

Question 11 of 25

11. Question

In Five year plans, Plan Holiday is from ____?

1966-1969
1974-1979
1961-1966
1969-1974

Question 12 of 25

12. Question

Goods and Service Tax is an example of ____?

Compensation to employees
Direct tax
Transfer payment
Indirect tax

Question 13 of 25

13. Question

What is known as aggregate monetary resources?

MI + Savings deposits with Post Office savings banks
MI + Net time deposits of commercial banks
M3 + Total deposits with Post Office savings organisations (excluding National Savings Certificates)
Currency (notes plus coins) held by the public and demand deposits held by commercial banks

Question 14 of 25

14. Question

Which Of the following can be considered as an example of flow variable?

(i) Production of rice
(ii) Import of cloth
(iii) Change in capital

None of (i), (ii) and (iii)
Only (iii)
All of (i), (ii) and (iii)
Only (i) and (ii)

Question 15 of 25

15. Question

The national poverty line for 2011-12 was estimated at per capita per month for urban areas of India.

3,000
1,000
2,000
1,500

Question 16 of 25

16. Question

What is Net National Product?

The product of gross national product and value added is net national product.
The sum of gross national product and income of foreigners is net national product.
Net national product is equal to gross product.
The difference between gross national product and depreciation is net national product.

Question 17 of 25

17. Question

Which of the following is also known as the ‘lender of the last resort’?

SEBI
RRBs
RBI
SBI

Question 18 of 25

18. Question

‘A Plan of Economic Development for India’ is also known as

Delhi Plan
Gujarat Plan
Surat Plan
Bombay Plan

Question 19 of 25

19. Question

______ expenditure and ______ receipts are shown by the government budget.

Estimated; actual
Actual; estimated
Actual; actual
Estimated; estimated

Question 20 of 25

20. Question

Which of the Five-Year Plans was prepared and launched by DP Dhar?

Sixth Five-Year Plan
Seventh Five-Year Plan
Fourth Five-Year Plan
Fifth Five-Year Plan

Question 21 of 25

21. Question

Which sector has the highest percentage share of goods exports in the annual GDP (at current prices) for the year 2020-21?

Electronic Goods
Drugs and Pharmaceuticals
Organic and Inorganic Chemicals
Engineering Goods

Question 22 of 25

22. Question

The central bank may discourage credit in the economy.

Decrease CRR
Buy securities in open market
Reduce SLR
Increase bank rate

Question 23 of 25

23. Question

Khemraj received the Sangeet Natak Akademi award for his contribution to folk music and dance of ‘Kud’. Which state is the folk dance from?

Haryana
Jammu and Kashmir
Himachal Pradesh
Punjab

Question 24 of 25

24. Question

Which of the following expression is correct regarding the gross fiscal deficit?

Gross fiscal deficit = Net borrowing at home — Borrowing from RBI + Borrowing from abroad
Gross fiscal deficit = Net borrowing at home + Borrowing from RBI + Borrowing from abroad
Gross fiscal deficit = Net borrowing at home + Borrowing from RBI — Borrowing from abroad
Gross fiscal deficit = Net borrowing at home — Borrowing from RBI — Borrowing from abroad

Question 25 of 25

25. Question

Which Five Year plan aimed to increase the rapid growth in food grains production?

Seventh Five Year Plan
Eighth Five Year Plan
Sixth Five Year Plan
Fifth Five Year Plan