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indian-economy-mock-tests-questions-for-upsc-exami
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1.
Consider the following statements about the Mission Indradhanush:
It was suggested by the P J Nayak committee
It aims to revamp the functioning of public sector banks
Which of the above statements is/are correct?
1 Only
2 Only
Both 1 & 2
Neither 1 & 2
2.
Consider the following statements:
Agriculture, forestry, fishing and mining - Primary activities.
Manufacturing - Secondary activities
Trade, transport, communication - quaternary activities
Jobs related to research, information technology - tertiary activities
Which of the above are correctly matched?
Only 1 and 2
Only 2 and 4
Only 1, 2, and 3
All of the above
3.
Which of the following is correctly matched?
Mall -an enclosed shopping space.
Wholesale- buying and selling in small quantities.
Chain of markets- series of markets that are connected like links
Select the correct answer from the codes given below:
Only 1 and 2
Only 2 and 3
Only 1 and 3
All of the above
4.
Consider the following statements regarding types of goods:
Goods like food and clothing, and services like recreation that are consumed when purchased by their ultimate consumers are called capital goods.
The goods that are of durable character which are used in the production process are consumer goods.
Which of the above is / are correct?
Only 1
Only 2
All of the above
None of the above
5.
Consider the following statements regarding GDP:
Real GDP is simply the value of GDP at the current prevailing prices.
Nominal GDP is calculated in a way such that the goods and services are evaluated at some constant set of prices (or constant prices).
Which of the above is / are correct?
Only 1
Only 2
Both 1 and 2
None of the above
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