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UPSC Economics PYQs 1999 | Vaidra | Vaidra
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Economics UPSC PYQ 1999

17 questions from the UPSC 1999 examination.

17 questions

1Mediumprelims2 marks
Human Development, Poverty & Employment Schemes

Among which one of the following sets of social/religious groups is the extent of poverty the highest, as per Government statistics for the nineties?

AMuslims in Kerala, Gujarat and Andhra Pradesh
BTribals in Bihar, Orissa, Madhya Pradesh and Maharashtra
CScheduled Castes in Punjab, Western Uttar Pradesh, northern Rajasthan and Tamil Nadu
DChristians in Gujarat, Maharashtra and Assam
2Easyprelims2 marks
Infrastructure & Industry

Tourism industry in India is quite small compared to many other countries in terms of India’s potential and size. Which one of the following statements is correct in this regard?

ADistances in India are too far apart and its luxury hotels are too expensive for western tourists
BFor most of the months India is too hot for western tourists to feel comfortable
CMost of the picturesque resorts in India such as in the Northeast and Kashmir are, for all practical purposes, out of bounds
DIn India, the infrastructure required for attracting tourists is inadequate
3Mediumprelims2 marks
Human Development, Poverty & Employment Schemes

Persons below the poverty line in India are classified as such based on whether

Athey are entitled to a minimum prescribed food basket
Bthey get work for a prescribed minimum number of days in a year
Cthey belong to agricultural labourer household and the scheduled caste/tribe social group
Dtheir daily wages fall below the prescribed minimum wages
4Easyprelims2 marks
External Sector & Balance Of Payments

Assertion (A): Devaluation of a currency may promote export. Reason (R): Price of the country's products in the international market may fall due to devaluation.

ABoth A and R are true, and R is the correct explanation of A
BBoth A and R are true, but R is not a correct explanation of A
CA is true, but R is false
DA is false, but R is true
5Easyprelims2 marks
Banking & Financial Sector

From the balance sheet of a company, it is possible to

Ajudge the extent of profitability of the company
Bassess the profitability and size of the company
Cdetermine the size and composition of the assets and liabilities of the company
Ddetermine the market share, debts and assets of the company
6Mediumprelims2 marks
National Income & Economic Growth

Consider the following statements: Regional disparities in India are high and have been rising in recent years because 1. There is persistent investment over time only in select locales. 2. Some areas are agro-climatically less conducive to development. 3. Some areas continue to face little or no agrarian transformation and the consequent lack of social and economic opportunities. 4. Some areas have faced continuous political instability. Which of the above statements are correct?

A1, 2 and 3
B1, 3 and 4
C2, 3 and 4
D1, 2 and 4
7Mediumprelims2 marks
Economic Planning & Five-Year Plans

The planning process in the industrial sector in India has assumed a relatively less important position in the nineties as compared to that in the earlier period. Which one of the following is true in this regard?

AWith the advent of liberalisation, industrial investments/development have largely been placed within the domain of private and multinational sectors
BWith markets assuming a central place, the role of central planning in many sectors has been rendered redundant
CThe focus of planning has shifted to sectors like human resource development, infrastructure, population control and welfare
DThe nation’s priorities have shifted away from industrial development to rural development
8Easyprelims2 marks
Infrastructure & Industry

Trans chart is the

Achartering wing of the Ministry of Surface Transport
Bcontainer service established by Indian Railways
Ctraining institute of maritime studies and research
Dpassenger insurance scheme of Indian Railways
9Mediumprelims2 marks
International Institutions & Reports

Match List I with List II and select the correct answer using the codes given below the Lists: List I I. WTO II. IDA III. IMF IV. IBRD List II A) Provides loans to address short-term balance of payment problems B) Multi-lateral trade negotiation body C) Sanction of soft loans D) Facilitating lending and borrowings for reconstruction and development

AI-B, II-C, III-D, IV-A
BI-B, II-C, III-A, IV-D
CI-C, II-B, III-D, IV-A
DI-C, II-B, III-A, IV-D
10Mediumprelims2 marks
Human Development, Poverty & Employment Schemes

Which one of the following is the objective of National Renewal Fund?

ATo safeguard the interests of workers who may be affected by technological upgradation of industry or closure of sick units
BTo develop the core sector of the economy
CFor the development of infrastructure such as energy, transport, communications and irrigation
DFor human resource development such as full literacy, employment, population control, housing and drinking water
11Mediumprelims2 marks
Human Development, Poverty & Employment Schemes

The Employment Assurance Scheme envisages financial assistance to rural areas for guaranteeing employment to at least

A50 per cent of the men and women seeking jobs in rural areas
B50 per cent of the men seeking jobs in rural areas
Cone man and one woman in a rural family living below the poverty line
DNone of the above
12Mediumprelims2 marks
Infrastructure & Industry

The product life cycle from inception to demise is shown in the graph. Match List I with List II and select the correct answer using the codes given below the Lists: List I (Stage) I. Product Development II. Maturity III. Growth IV. Introduction List II (Zone) (1, 2, 3, 4 as marked in the graph)

AI-A, II-D, III-B, IV-C
BI-A, II-D, III-C, IV-B
CI-D, II-A, III-B, IV-C
DI-D, II-A, III-C, IV-B
13Easyprelims2 marks
Agriculture & Rural Development

The main sources of credit to the farmers include

Athe Primary Agricultural Cooperative Societies, commercial banks, RRBs and private moneylenders
Bthe NABARD, RBI, commercial banks and private moneylenders
Cthe District Central Cooperative Banks (DCCB), the lead banks, IRDP and JRY
Dthe Large-scale Multi-purpose Adivasis Programme, DCCB, IFFCO and commercial banks
14Mediumprelims2 marks
Infrastructure & Industry

Consider the following statements: Industrial development in India, to an extent, is constrained by I. Lack of adequate entrepreneurship and leadership in business. II. Lack of savings to invest. III. Lack of technology, skills and infrastructure. IV. Limited purchasing power among the larger masses. Which of the above statements are correct?

AI, II and III
BI, III and IV
CII, III and IV
DI, II and IV
15Easyprelims2 marks
National Income & Economic Growth

Since 1980, the share of the tertiary sector in the total GDP of India has

Ashown an increasing trend
Bshown a decreasing trend
Cremained constant
Dbeen fluctuating
16Easyprelims2 marks
Fiscal Policy & Budget

Assertion (A): Fiscal deficit is greater than budgetary deficit. Reason (R): Fiscal deficit is the borrowings from the Reserve Bank of India plus other liabilities of the Government to meet its expenditure.

ABoth A and R are true, and R is the correct explanation of A
BBoth A and R are true, but R is not a correct explanation of A
CA is true, but R is false
DA is false, but R is true
17Mediumprelims2 marks
Infrastructure & Industry

Consider the following statements: Small-scale industries are, in most cases, not as efficient and competitive as the large-scale ones. Yet the Government provides preferential treatment and reservations in a range of products to the small firms because small-scale industries I. Provide higher employment on a per unit capital deployment basis. II. Promote a regional dispersion of industries and economic activities. III. Have performed better in export of manufactured products than the large-scale ones. IV. Provide jobs to low skill workers, who otherwise may not find employment avenues elsewhere. Which of the above statements are correct?

AI and IV
BI and II
CII and III
DIII and IV
Economics — All Years|All Subjects