Economics UPSC PYQ 2006

Question 1

Consider the following statements in respect of welfare schemes launched by the Ministry of Rural Development, Government of India:
1. Drinking water for rural areas is one of the components of the Bharat Nirman Plan.
2. In the National Rural Employment Guarantee Act, 2005 there is a provision that the statutory minimum wage applicable to agriculture workers in the State has to be paid to the workers under the Act.
Which of the statements given above is/are correct?

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Answer

1 only

Answer

2 only

Answer

Both 1 and 2

Answer

Neither 1 nor 2

Question 2

What is IndoNext which was launched in January, 2005?

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A new scheme to promote Indian tourism

Answer

A new scheme to promote export of Indian handicrafts

Answer

An association of the Non-Resident Indians to organize Pravasi Bharatiya Divas every year in India

Answer

An alternative trading platform being promoted by the Bombay Stock Exchange and Regional Stock Exchanges

Question 3

Consider the following statements:
1. In India, during the financial year 2004-2005 an increase of below 10 % over the value of exports (in rupee terms) in the financial year 2003-2004 was reported.
2. According to the WTO, India’s share in the world merchandise exports is 2 % in the year 2005.
Which of the statements given above is/are correct?

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Answer

1 only

Answer

2 only

Answer

Both 1 and 2

Answer

Neither 1 nor 2

10 more Economics 2006 questions await