CGL 2023 Prelims Economics Part 3

Question 1 of 22

1. Question

In which Five-Year Plan was the Jawahar Rozgar Yojana started?

Seventh
Fourth
Sixth
Fifth

Question 2 of 22

2. Question

Identify the INCORRECT statement in the context of Microfinance Institutions in India.

A microfinance loan is given to a household having annual household income up to Z3,00,000.
A microfinance loan is a collateral-free loan.
When giving a micro loan, a household means an individual family unit, i.e., husband, wife, and their unmarried children.
A microfinance loan should be linked with a lien on the deposit account of the borrower.

Question 3 of 22

3. Question

In the self-help group, the loan and saving decisions are taken by the _____?

Group members
Non-government organisation
Bank
Government

Question 4 of 22

4. Question

According to India State of Forest Report 2019, what is the total forest cover in India?

20.87%
21.67%
24.67%
23.67%

Question 5 of 22

5. Question

(By November 2021) How many cities have been identified for ring roads under Phase-I of the ‘Bharatmala Project’ to ease traffic in various cities across India?

33
41
21
28

Question 6 of 22

6. Question

Which is the largest Dun formations in India?

Harike Dun
Nalagarh Dun
Kota Dun
Dehra Dun

Question 7 of 22

7. Question

Who among the following is an exponent of the classical instrument, Santoor?

Pandit Kumar Gandharva
Pandit Bhimsen Joshi
Pandit Ravi Shankar
Pandit Shivkumar Sharma

Question 8 of 22

8. Question

What was the prime target of the first five- year plan of India?

Development of agriculture
Development of industries
Development of ports
Development of infrastructure

Question 9 of 22

9. Question

Which of the following is NOT one of the scheduled public sector banks in India?

Canara Bank
UCO Bank
Indian Overseas Bank
Bandhan Bank

Question 10 of 22

10. Question

Under Statutory liquidity ratio, commercial banks are required to keep a fraction of ____ in form of liquid assets.

Current deposits
Total demand and term deposits
Term deposits
Saving deposits

Question 11 of 22

11. Question

Which of the following institutions was set up in 1982 in order to streamline credit facilities to farmers at a national level?

NEDFI
NABARD
IFCI
SIDBI

Question 12 of 22

12. Question

Small scale units are differentiated from large scale units on the basis of:

The size of unit area
The volume of sales
The volume of output
The amount of investment

Question 13 of 22

13. Question

Which of the following is an example of revenue receipt of the government?

Receipts from sale of shares of public sector companies
Recovery of loans
GST collected by the government
Borrowings from public

Question 14 of 22

14. Question

Identify the ODD one out.

Modern agricultural technology
White revolution
Green revolution
Seed-fertiliser-water technology

Question 15 of 22

15. Question

Which of the followings is NOT an example of factor payment?

Interest
Wages
Rent
Pension

Question 16 of 22

16. Question

Commercialisation of agriculture is an indication of _____?

Income surplus
Producers’ surplus
Consumer surplus
Marketable surplus

Question 17 of 22

17. Question

Which committee recommended the formation of a new category of NBFC i.e., Non-Banking Financial Company-Micro Finance Institution?

Shah Committee
Malegam Committee
Kamath Committee
Hussain Committee

Question 18 of 22

18. Question

Harrod Domar growth model is known for highlighting the role of savings and investments. Which Five-Year Plan in India was based on this model?

First
Second
Fourth
Third

Question 19 of 22

19. Question

In India, what type of unemployment is created due to lack of employable skills among the educated youths in India?

Structural unemployment
Educated unemployment
Cyclical unemployment
Technological unemployment

Question 20 of 22

20. Question

The question consists of two statements, namely, Assertion (A) and Reason (R). Use them to choose the correct alternative.

Assertion (A): During the British rule, India’s exports exceeded the imports leading to surplus of balance of trade.

Reason (R): The surplus of balance of trade was used for growth and development of India.

Both A and R are true, and R is the correct explanation of A
Both A and R are true, but R is not the correct explanation of A
A is false but R is true
A is true and R is false

Question 21 of 22

21. Question

Which of the following is NOT included in capital receipts?

Foreign aid
Taxes
Recovery of loans
Borrowings

Question 22 of 22

22. Question

In which year was an approach and program named Joint Forest Management (JFM) launched in the context of National Forest Policy?

1965
1988
1996
1947