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UPSC Economics PYQs 2007 | Vaidra | Vaidra
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Economics UPSC PYQ 2007

10 questions from the UPSC 2007 examination.

10 questions

1Mediumprelims2 marks
Infrastructure & Industry

With reference to the steel industry in India in recent times, consider the following statements: 1. Vizag Steel Plant (RINL) has been declared a Mini-Ratna. 2. Merger of IISCO with SAIL has been completed. Which of the statements given above is/are correct?

A1 only
B2 only
CBoth 1 and 2
DNeither 1 nor 2
2Mediumprelims2 marks
Infrastructure & Industry

Match List-I with List-II and select the correct answer using the code given below the Lists : List-I (Aluminium Company) A. BALCO B. HINDALCO C. Indian Aluminium Company D. NALCO List-II (Location) 1. Hirakud 2. Korba 3. Koraput 4. Renukoot

AA-3 B-1 C-4 D-2
BA-2 B-4 C-1 D-3
CA-3 B-4 C-1 D-2
DA-2 B-1 C-4 D-3
3Easyprelims2 marks
External Sector & Balance Of Payments

Tarapur Committee was associated with which one of the following?

ASpecial Economic Zones
BFuller capital account convertibility
CForeign exchange reserves
DEffect of oil prices on the Indian economy
4Easyprelims2 marks
Banking & Financial Sector

The National Housing Bank was set up in India as a wholly-owned subsidiary of which one of the following?

AState Bank of India
BReserve Bank of India
CICICI Bank
DLife Insurance Corporation of India
5Mediumprelims2 marks
Monetary Policy & Money Supply

Consider the following statements: 1. The repo rate is the rate at which other banks borrow from the Reserve Bank of India. 2. A value of 1 for the Gini Coefficient in a country implies that there is perfectly equal income for everyone in its population. Which of the statements given above is/are correct?

A1 only
B2 only
CBoth 1 and 2
DNeither 1 nor 2
6Easyprelims2 marks
Banking & Financial Sector

Basel II relates to which one of the following?

AInternational standard for safety in civil aviation
BMeasure against cyber crimes
CMeasure against drug abuse by sportspersons
DInternational standards for measuring the adequacy of a bank’s capital
7Mediumprelims2 marks
Infrastructure & Industry

Match List-I with List-II and select the correct answer using the code given below the lists: List-I (Person) A. Vishwapati Trivedi B. Tulsi R. Tanti C. Shashi Ruia D. S. Bikachandani List-II (Company) 1. Essar Group 2. Info Edge India (which runs naukri.com) 3. Indian Airlines 4. Suzlon Energy Codes:

AA-2 B-4 C-1 D-3
BA-3 B-1 C-4 D-2
CA-2 B-3 C-4 D-1
DA-3 B-4 C-1 D-2
8Easyprelims2 marks
National Income & Economic Growth

Which one of the following is the correct sequence in the decreasing order of contribution of different sectors to the Gross Domestic Product of India?

AService – Industry – Agriculture
BService – Agriculture – Industry
CIndustry – Service – Agriculture
DIndustry – Agriculture – Service
9Easyprelims2 marks
Financial Markets & Capital Markets

Participatory Notes (PNs) are associated with which one of the following?

AConsolidated Fund of India
BForeign Institutional Investors
CUnited Nations Development Programme
DKyoto Protocol
10Easyprelims2 marks
International Institutions & Reports

Who among the following served as the Chief Economist of the International Monetary Fund?

AAshok Lahiri
BSumantra Ghosal
CSaumitra Chaudhuri
DRaghuram Rajan
Economics — All Years|All Subjects