Economics UPSC PYQ 2003

With reference to Government of India’s decisions regarding Foreign Direct Investment (FDI) during the year 2001-02, consider the following statements: 1. Out of the 100% FDI allowed by India in tea sector, the foreign firm would have to disinvest 33% of the equity in favour of an Indian partner within four years. 2. Regarding the FDI in print media in India, the single largest Indian shareholder should have a holding higher than 26%. Which of these statements is/are correct?

Assertion (A): During the year 2001-02, the value of India’s total exports declined, registering a negative growth of 2.17%. Reason (R): During the year 2001-02, negative growth in exports was witnessed in respect of iron and steel, coffee, textiles and marine products.

During the year 2000-01, which one of the following industries recorded highest growth rate in India?

Which one of the following statements is correct?

Among the following commodities imported by India during the year 2001-02, which one was the highest in terms of Rupee value?

Which one among the following States has the highest female literacy rate as per the Census 2001?

The Kelkar proposals which were in the news recently were the

Consider the following statements: 1. India is the original home of the cotton plant. 2. India is the first country in the world to develop hybrid cotton variety leading to increased production. Which of these statements is/are correct?

Consider the following statements: 1. The maximum limit of shareholding of Indian promoters in private sector banks in India is 49 per cent of the paid-up capital. 2. Foreign Direct Investment up to 49 per cent from all sources is permitted in private sector banks in India under the automatic route. Which of these statements is/are correct?

The government holding in BPCL is

In India, the first bank of limited liability managed by Indians and founded in 1881 was

Consider the following statements: 1. In the last five years, Indian software exports have increased at a compound annual growth rate of about 60%. 2. The software and service industry in India registered an overall growth of about 28% in rupee terms during the year 2001-2002. Which of these statements is/are correct?

Consider the following statements 1. India’s import of crude and petroleum product during the year 2001-02 accounted for about 27% of India’s total imports. 2. During the year 2001-02, India’s exports had increased by 10% as compared to the previous year Which of these statements is/are correct?

Consider the following statements: 1. Molasses is a by-product of sugar production process. 2. Bagasse obtained in the sugar mills is used as a fuel in the boilers to generate steam for the sugar factories. 3. Sugar can only be produced from sugarcane as the raw material. Which of these statements are correct?

Consider the following statements: 1. India ranks first in the world in fruit production. 2. India ranks second in the world in the export of tobacco. Which of these statements is/are correct?

As per the Human Development Index given by UNDP, which one of the following sequences of South Asian countries is correct, in the order of higher to lower development?

Which one of the following statements is correct with reference to FEMA in India?

Which one among the following countries has the lowest GDP per capita?

Debenture holders of a company are its

Assertion (A): The new EXIM Policy is liberal, market-oriented and favours global trade. Reason (R): GATT has played a significant role in the liberalisation of economy.