WBCS Economics Mains

1. A persistent fall in the general price level of goods and services is known as __:
2. Which among the following is not a correctly matched?
3. Which among the following programme was related to training of youths?
4. Which among the following is the oldest and most common form of Electronic Funds Transfer System?
5. Which among the following effects will be seen on “deposit rates” if RBI tightens its policy?
6. RVS Raghavan committee (2002) is related to which of the following ?
7. India’s first Special Economic Zone dedicated to the Aerospace industry is located at
8. Which among the following is one among the five indicators used by the United Nations Development Programme in its annual Human Development Report for Gender related standard of living?
9. Which among the following is the first Indian bank to commence operations in Singapore?
10. Which among the following works as central processing agent in RTGS?
11. To avoid a Prompt Coercive Action from the Reserve Bank of India, a bank should not fall in which of the following conditions?
12. Industrial Licensing was finally abolished in India in which of the following years ?
13. Which among the following is best described as opportunity cost?
14. What year is taken a base year for calculating GDP?
15. Who is the author of the famous book “The social Framework”?
16. Which of the following activities comes under the primary sector?
1. Fishing
2. Pisciculture
3. Apiculture
4. Manufacturing
5. Internet of things
Choose the correct option from the codes given below:
17. Which of the following are correct regarding NITI Aayog?
1. NITI Aayog vice-chairman will get the Cabinet minister’s rank and pay.
2. Members of the NITI Aayog will be of the rank and status of ministers of state at the Centre.
Choose the correct option from the choices given below:
18. Where is the headquarter of Indian council for agriculture research located?
19. When was Pradhan Mantri Krishi Sanchayee Yojna launched?
20. Where is the headquarters of the coconut development board located?
21. Which of the following is associated with public distribution shops(PDS)?
22. Which organization maintains buffer stock in India?
23. When was the mid-day meal scheme introduced in India?
24. How many types of spices are produced according to International Organization for Standardization (ISO)?
25. Which of the following is correct regarding eNAM?
26. Which of the following oil seeds production was targeted under yellow revolution?
1. Groundnut
2. sunflower
3. Castor
4. Niger
5. Lineseed
choose the correct option from the codes given below:
27. Which among the following is related to silver revolution in the country?
28. What is the FDI attracted in the automobile sector under automatic route?
29. Which is the first 2 wheeler company to receive BS-VI certification in India?
30. Which among the following determine the economic strength of a country?
31. Which sector among the core sectors has more weight in the calculation of the Index of Industrial production?
32. When was Cement Industry deregulated?
33. What is the value of electronic hardware production in 2019?
34. Who owns the minerals found in the Exclusive economic zone of the Indian ocean?
35. What is India’s contribution to the global supply of antiretroviral drugs for AIDS?
36. Where is Indian Institute of Sugar research located?
37. Which among the following is the correct character of the Foreign Exchange Markets?
38. Which of the following was first bank managed by Indians?
39. What is the full form of FERA?
40. Which of the following is the largest Housing Finance Company in India?
41. Which one of the following is known as the father of Leasing Financing in India?
42. Who was the Prime Minister of India when Banking Nationalization was done in 1969?
43. Development expenditure of the Central government does not include
Gilt-edged market means
In the last one decade, which one among the following sectors has attracted the highest foreign direct investment inflows into India?
46. Depreciation means
47. Deficit financing leads to inflation in general, but it can be checked if
If all the banks in an economy are nationalized and converted into a monopoly bank, the total deposits
49. On which one of the followings is the benefits received principle of taxation to achieve optimality bases?
One of the reasons for India's occupational structure remaining more or less the same over the years has been that
Gross domestic capital formation is defined as
52. Which of the following is the most appropriate cause of exports surplus?
53. If the cash reserve ratio is lowered by the RBI, its impact on credit creation will be to
The currency convertibility concept in its original form originated in
55. The central co-operative banks are in direct touch with
56. States earn maximum revenue through
Our financial system has provided for the transfer of resources from the centre to the states; the important means of resource transfer are
58. Excise duty is a tax levied on the
Non Tax revenues can be increased by improving the working of the
60. Which of the following is not viewed as a national debt?
61. Deficit financing means that the government borrows money from the
Revenue of the state governments are raised from the following sources, except
If an economy is equilibrium at the point where plans to save and to invest are equal, then government expenditure must be
64. The Board of Industrial and Financial Reconstruction (BIFR) came into existence in
Devaluation of currency will be more beneficial if
The banks are required to maintain a certain ratio between their cash in the hand and totals assets. This is called
National Agricultural Insurance Scheme replacing Comprehensive Crop Insurance Scheme was introduced in the year
68. Fiscal deficit in the Union Budget means
69. In India, inflation measured by the
70. The annual yield from which of the following Union Government taxes is the highest?
71. National expenditure includes
72. Resurgent India Bonds were issued in US dollar, Pound Sterling and
73. The apex body for formulating plans and coordinating research work in agriculture and allied fields is
74. If the RBI adopts an expansionist open market operations policy, this means that it will
Redistribution polices geared to reduce economic inequalities include
In India, which one among the following formulates the fiscal policy?
77. Paper currency first started in India in
78. Devaluation of currency leads to
Deficit financing implies
Which of the following is not a part of machinery that settles industrial disputes?
81. What option does the central government does not include in development expenditure?
82. What is the main cause of exports surplus?
83. Which option is not mentioned in a firms balance sheet?
84. What is the main cause of exports surplus?
85. If an industry  is characterized by Economics of scale then
86. The best way a bank can avoid
loss is to
87. For whom was the first departmental
Life insurance started?
88. What is called the short term
government securities?
89. In the production of Cotton textiles
India ranks
90. Open market operation is a part of
91. In India term black revolution is associated with
92. The share of road transportation in total transportation of the country is
93. The concept of zero based budgeting was given by
94. Excess of total expenditure over total Receipt is
95. ICICI is the name of
96. Gilt-edge market means
97. The association of the rupee with pound sterling as the intervention currency was broken in
98. Gross domestic capital formation defined as
99. which of the following is the most appropriate cause of export surplus.
100. The currency convertibility concept in its original form originated in