DAY – 32 & 33: Insights Self Study Guide for UPSC Prelims + Mains – 2015

Consider the following statements:

1. Tariffs decrease the price of the good in the domestic market
2. Quotas harm consumers while benefiting foreign and domestic goods producers

Which of the above statements is/are correct?

Which of the following can be termed as an important failure of India’s economic policies followed during 1950-1990?

Post – Independence, the government of India had to play an extensive role in promoting the industrial sector. This was primarily due to which of the following reasons?

1. Lack of will on the part of industrialists
2. Lack of capital in private sector
3. Lack of big market for goods

Which of the above statements is/are correct?

Consider the following statements:

1. The Industrial Policy Resolution of 1956 formed the basis of the Second Five Year Plan
2. The Second Five Year plan tried to build the basis for a capitalist pattern of society

Which of the above statements is/are correct?

The Karve Committee, which was appointed by the Planning Commission in June, 1955, recommended

Import substitution, which was resorted to during India’s first seven five Year Plans, mainly involved

It is said that in India one had to wait for long duration to get a telephone connection before 1990s. Which of the following factors is/are responsible for this?

1. State monopoly
2. Lack of competition
3. Increased demand

Choose the correct answer using the codes below:

Which of the following factors pushed India to approach World Bank and IMF to seek loan to rescue its economy in early 1990s?

1. Fall in price of essential goods
2. Huge imports
3. Huge government expenditure
4. Huge decline in foreign exchange reserves

Choose the correct answer using codes below:

The New Economic Policy (NEP) of early 1990s consisted of policies that can broadly be classified into two groups: the stabilisation measures and the structural reform measures. Which of the following is not a ‘structural reform measure’?

Which of the following Public Sector Undertaking is/are NOT a Maharatna company?

1. Bharat Electronics Limited
2. Bharat Petroleum Corporation Limited
3. Hindustan Aeronautics Limited
4. Hindustan Petroleum Corporation Limited
5. Mahanagar Telephone Nigam Limited

Choose the correct answer using the codes below:

Which of the following organization was set-up as a successor to the General Agreement on Tariffs and Trade (GATT)?

Consider the following statements:

1. A reduction in capital expenditure, or the decision of a company not to replenish depleted capital goods can be called as disinvestment
2. Divestment is the reduction of some kind of asset for financial, ethical, or political objectives or sale of an existing business by a firm

Which of the above statements is/are correct?

With reference to poverty line estimations made by a most recent committee, consider the following statements:

1. Those spending over Rs 32 a day in rural areas and Rs 47 in towns and cities are not considered poor
2. The Rangarajan panel’s recommendation of poverty line results in decrease in the below poverty line population compared to population estimate based on the Tendulkar formula

Which of the above statements is/are correct?

During the British rule as many as 26 million people died in famines between 1875 and 1900. Which of the following is one of the causes of these deaths?

Vaccination is an example of

With reference to National Bank for Agriculture and Rural Development (NBARD), consider the following statements:

1. RBI holds 20% stake in the NABARD
2. NABARD is a cooperative bank
3. It was established by RBI

Which of the above statements is/are INCORRECT?

Which of the following is/a component of organic farming?

1. Crop Rotation
2. Biofertilizers
3. Vermicompost
4. Crop Residue
5. Bio pesticide

Choose the correct answer using the codes below:

Electricity, Gas, Water Supply and Construction sectors are examples of

Consider the following statements:

1. During the period 1960–2000, Gross Domestic Product (GDP) of India grew positively and was higher than the employment growth
2. During the period 1960–2000 employment grew at a stable rate of about 2 per cent

Which of the above statements is/are correct?

Casualization of workforce means

Consider the following statements:

1. Decrease in sex ratio indicates increase in female feticide
2. Among major states, Haryana has both lowest adult and child sex ratio in India

Which of the above statements is/are correct?