DO NOT OPEN THIS BOOKLET UNTIL YOU ARE ASKED TO DO SO

PRESTORMINGTM
Test Booklet Series
TEST BOOKLET
T.B.C : P-SIA-A-GS
GENERAL STUDIES - PAPER – I
Serial : P-GSI-232421
ECONOMICS FULL TEST
TEST – 21
A
Time Allowed : Two Hours Maximum Marks : 200

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(1-A)
SIA-A-GS I
 (2-A)
SIA-A-GS I
1. Consider the following: How many of the above pairs is/are correctly
1. Commercial Papers matched?
2. Government Bonds (a) Only one
3. Treasury Bills (b) Only two
4. Cash Management Bills (c) All three
5. Certificates of Deposit
(d) None
How many of the above given are an
instrument of the Indian money market?
5. Consider the following statements:
(a) Only two
1. Food Safety and Standards Authority of
(b) Only three
(c) Only four India (FSSAI) is a statutory body

(d) All five established under the Ministry of

Consumer Affairs, Food and Public
2. When the government increases its spending Distribution.
by borrowing from the loanable funds from the 2. Every food business operator involved in
market, the demand for loans increases, the manufacturing and sale of food
leading to high interest rates, which, in turn, products must compulsorily obtain an
reduces private investments. FSSAI license.
Which of the following best describes the 3. FSSAI Central license is mandatory for e-
above situation?
commerce website owners and import-
(a) Quantitative easing
export businesses.
(b) Crowding out
Which of the statements given above are
(c) Crowding in
correct?
(d) Deflationary spiral
(a) 1 and 2 only

3. Which of the following explains the (b) 2 and 3 only

relationship between the tax rate set by the (c) 1 and 3 only
government and the tax revenue collected by (d) 1, 2 and 3
it?
(a) Phillips curve 6. Which of the following is not correct about the
(b) Kuznets curve Capital Expenditure of the government?
(c) Laffer curve (a) Capital expenditure is the money spent by
(d) Lorenz curve the government on tangible and intangible
assets.
4. Consider the following pairs :
(b) It is an expenditure incurred for acquiring
S.No. Wetlands Indian
assets that increase the earning capacity
States
of the government.
1. Magadikere Bird : Kerala
Conservation (c) Capital expenditure is expected to have a

Reserve greater multiplier effect on the economy

2. Longwood Shola : Karnataka than revenue expenditure.
Reserve Forest (d) Repayment of loans is not considered as a
3. Karaivetti Bird : Tamilnadu capital expenditure as it does not form
Sanctuary assets.

(3-A)
SIA-A-GS I
7. Consider the following statements regarding Which of the above statements is/are correct?
inflation: (a) 1 only
1. Demand-pull inflation occurs when the (b) 2 only

overall demand for goods and services (c) Both 1 and 2

(d) Neither 1 nor 2
exceeds their supply.
2. Cost-push inflation is caused by an
10. Consider the following:
increase in production costs, such as
1. Interest and dividend on investments
wages or raw materials.
2. Proceeds of disinvestment
Which of the above statements is/are correct? 3. Recovery of loans given to State
(a) 1 only Governments
(b) 2 only 4. Proceeds of taxes and duties
(c) Both 1 and 2 5. Borrowing from the Reserve Bank of India
(d) Neither 1 nor 2 How many of the above is/are not categorised
as ‘Capital Receipts’ in the Union Budget?
(a) Only two
8. Consider the following statements with respect
(b) Only three
to the Unified Payments Interface (UPI):
(c) Only four
1. It is an instant payment system developed
(d) All five
by the National Payments Corporation of
India. 11. The Medigadda barrage, recently seen in the
2. Customers will be charged an interchange news, is associated with which of the following
fee of 1.1 per cent on all UPI transactions rivers?
above Rs.2000. (a) Krishna river
3. France becomes the first European (b) Tapi river
country to accept UPI. (c) Godawari river

How many of the above statements is/are (d) Narmada river

correct?
12. Consider the following statements with respect
(a) Only one
to the Gadka:
(b) Only two
1. It is an ancient form of Sikh martial art.
(c) All three
2. The ‘Stick’ and ‘Farri’ are used to
(d) None substitute the sword and shield,
respectively, for practice and safety
9. Consider the following statements with respect purposes.
to National Logistics Policy: 3. Virasat and Khed are its two sub-styles.
1. It was launched to complement PM Gati How many of the statements given above
Shakti's National Master Plan. is/are correct?

2. It aims to improve the Logistics (a) Only one

(b) Only two
Performance Index (LPI) ranking of India to
(c) All three
be among the top 25 countries by 2030.
(d) None
(4-A)
SIA-A-GS I
13. With reference to the Indian economy, which 16. Consider the following National Parks /
one of the following sequences represents the Wildlife sanctuaries:
correct ascending order of the core industries 1. Kaziranga National Park
2. Keoladeo National Park
in the Index of Eight core industries in terms
3. Manas Wildlife Sanctuary
of weightage?
4. Khangchendzonga National Park
(a) Coal - Crude oil - Petroleum refinery
How many of the above-mentioned is/are part
products – Natural gas
of the Natural Heritage Sites UNESCO?
(b) Natural gas - Petroleum refinery products (a) Only one
– Coal - Crude oil (b) Only two
(c) Crude oil – Coal - Natural gas - Petroleum (c) Only three
refinery products (d) All four
(d) Natural gas - Crude oil – Coal - Petroleum
refinery products 17. Consider the following with respect to the Jute
sector:
1. At present, the government mandates that
14. Which of the following is not used to calculate
100 percent of food grains and a minimum
national income? of 20 percent of sugar be packaged in jute
(a) Expenditure method sacks.
2. Seventy-five percent of the total production
(b) Product method
of the Jute Industry is Jute Sacking Bags.
(c) Balance of Payment method
3. Production-linked incentives are provided
(d) Income method
to jute mills for exporting their products.
How many of the statements given above
15. Consider the following statements with respect is/are correct?
to the Fiscal Responsibility and Budget (a) Only one
Management Act of 2003: (b) Only two
1. The act provides a legislative framework (c) All three
for the reduction of the deficit and debt of (d) None

the Central Government.

18. Consider the following statements with respect
2. The legislation mandates that by the
to Forex Reserves of India:
conclusion of the fiscal year 2024-2025,
1. Foreign currency assets hold more than
the Central Government's debt should not
75% of India’s Forex reserves.
surpass 40% of the gross domestic 2. Conversion of Special Drawing Rights into
product. US dollars is done at the exchange rate
Which of the statements given above is/are released by the World Bank.
correct? Which of the statements given above is/are
(a) 1 only not correct?

(b) 2 only (a) 1 only

(b) 2 only
(c) Both 1 and 2
(c) Both 1 and 2
(d) Neither 1 nor 2
(d) Neither 1 nor 2
(5-A)
SIA-A-GS I
19. Consider the following Statements with How many of the above statements is/are
respect to Government Securities: correct?
1. All government securities have a maturity (a) Only one
period of less than one year. (b) Only two
2. They are called risk-free, gilt-edged (c) All three

instruments. (d) None

3. They are used to adjust the rupee liquidity

in the market. 23. Consider the following institutions:

How many of the above statements is/are 1. State Governments

2. Municipal Corporations
correct?
3. Small Industries Development Bank of
(a) Only one
India
(b) Only two
How many of the institutions given above shall
(c) All three
issue fixed-income securities in the debt
(d) None
market?
(a) Only one
20. Pragati Maidan tunnel, recently seen in the
(b) Only two
news, is situated in:
(c) All three
(a) Himachal Pradesh
(d) None
(b) Uttrakhand
(c) National Capital Territory of Delhi
24. Consider the following statements with respect
(d) Arunachal Pradesh
to the India State of Forest Report of 2021:
1. The assessment is published every two
21. The Infrastructure Investment Trusts (InvITs) years by the Forest Survey of India.
are regulated by 2. The total forest cover is not more than
(a) Reserve Bank of India 25% of the total geographical area of the
(b) Securities and Exchange Board of India country.
(c) Ministry of Micro, Small & Medium 3. The states that have shown the highest
Enterprises increase in forest cover are Telangana,
(d) Ministry of Commerce and Industry Andhra Pradesh and Odisha.
4. Sunderbans and Anaimalai tiger reserves
22. Consider the following statements: have shown an increase in forest cover.
1. Balance of Trade deals with the import and How many of the statements given above
export of goods and services. is/are correct?
2. The negative Balance of Trade represents (a) Only one

that the country has a weak economy. (b) Only two

3. Devaluation of domestic currency helps in (c) Only three

reducing the Current Account Deficit. (d) All four

(6-A)
SIA-A-GS I
25. Consider the following statements with respect 3. Using this platform, the investors can
to the Agriculture Accelerator Fund: cancel the orders across segments which
1. The proposal to establish this fund are pending at the exchange.
emerged during the 2023-2024 budget. How many of the statements given above
2. The fund is intended to be used to is/are correct ?
incentivize agricultural startups led by
(a) Only one
young entrepreneurs in rural areas.
(b) Only two
3. This fund will help the farmers by adding
(c) All three
value addition to the agricultural produce
(d) None
and better supply chain linkages.
Which of the statements given above are
28. Consider the following :
correct?
(a) 1 and 2 only 1. Morarji Ranchhodji Desai

(b) 2 and 3 only 2. Chandra Shekhar

(c) 1 and 3 only 3. Pamulaparthi Venkata Narasimha Rao

(d) 1, 2 and 3 4. Haradanahalli Doddegowda Deve Gowda
5. Chaudhary Charan Singh
26. Consider the following statements: 6. Vishwanath Pratap Singh
1. Central bank shifting its reserves to other How many of the above-mentioned Prime
currencies Ministers have been conferred the highest
2. Countries conducting international trade
civilian award, Bharat Ratna, in India?
in their own currency
(a) Only two
3. Central banks deciding to hold reserves in
(b) Only three
gold
(c) Only four
How many of the conditions lead to de-
(d) Only five
dollarization?
(a) Only one
(b) Only two 29. Consider the following statements:

(c) All three 1. The export of meat, dairy & poultry

(d) None products accounts for the largest share of

Agricultural exports of India.
27. Consider the following statements with respect 2. Currently, the overall import of non-
to the “Investor Risk Reduction Access petroleum products has increased
Platform”: compared to the previous year.
1. It is a platform indigenously developed by Which of the above statements is/are correct?
the Bombay Stock Exchange (a) 1 only
2. It will act as a ‘safety net’ for investors in
(b) 2 only
case of technical glitches during stock
(c) Both 1 and 2
trading.
(d) Neither 1 nor 2

(7-A)
SIA-A-GS I
30. With reference to “Maharaja Bonds,” consider 33. With reference to the Indian Economy, which
the following statements : one of the following best describes the term
1. It is an onshore rupee-denominated debt ‘Hindu rate of growth,’ often mentioned in the
instrument. news?
2. These bonds are issued by the (a) Low economic growth rate witnessed
International Finance Corporation, which before the Eighth Five-Year Plan
is the private sector arm of the World Bank (b) High economic growth rate witnessed after
Group. the Ninth Five-Year Plan
Which of the statements given above is/are (c) Moderate economic growth rate witnessed
correct ? during the Ninth to Twelfth Five-Year Plan

(a) 1 only (d) High economic growth rate witnessed after

(b) 2 only the Eleventh Five-Year Plan

(c) Both 1 and 2

(d) Neither 1 nor 2 34. With reference to Central Bank Digital
Currency (CBDC), consider the following
statements:
31. In which of the following types of Foreign
1. CBDC would appear as a liability on the
Direct Investment (FDI) does a firm acquire or
balance sheet of the Reserve Bank of India.
establish a business activity in a foreign
2. Like cash in the hands of people, CBDC
country to supplement its main business
will not earn any interest.
activity through forward or backward
3. The use of CBDC in the wholesale segment
integration?
is expected to make the interbank market
(a) Horizontal FDI
more efficient.
(b) Vertical FDI
Which of the statements given above are
(c) Conglomerate type of FDI
correct?
(d) Platform FDI
(a) 1 and 2 only
(b) 1 and 3 only
32. Consider the following statements with respect
(c) 2 and 3 only
to the Bharat 5G Portal:
(d) 1, 2 and 3
1. It is an integrated portal for all startups,
industry, and academia in quantum, 6G,
35. Which of the following is the impact on public
IPR, and 5G domains.
finance when the Government resorts to a
2. The Ministry of Information &
‘sovereign guarantee’ to enable a public sector
Broadcasting launched the portal.
enterprise to obtain a concessional loan from a
Which of the statements given above is/are
multilateral agency?
correct ?
(a) Increase in assets of the Government
(a) 1 only (b) Increase in capital expenditure of the
(b) 2 only Government
(c) Both 1 and 2 (c) Decrease in liability of the Government
(d) Neither 1 nor 2 (d) Increase in liability of the Government

(8-A)
SIA-A-GS I
36. With reference to the Input Service 38. Which one of the following statements is

Distributor, consider the following statements: correct?

1. It is an office of the supplier of goods or (a) Treasury Bills are issued by both the

services or both that receives tax invoices Central Government and State

towards receipt of input services. Government.

2. It distributes the GST input tax credit on (b) Commercial Papers are secured short-term

common invoices pertaining to input money market instruments.

services and capital goods. (c) In Ways and Means Advances, the

3. It is required to obtain a separate Government of India borrows from RBI at

registration, and there is a threshold limit the Repo Rate of interest.

for registration for an ISD. (d) All-India Financial Institutions can issue

How many statements given above is/are Certificates of Deposits for a maturity

correct? period of up to 1 year.

(a) Only one

(b) Only two 39. With reference to Non-Resident Indian (NRI)

(c) All three Accounts, consider the following statements:

(d) None 1. A Non-Resident External Account allows

an NRI to deposit income generated from

37. Consider the following statements with respect within India only.

to the Purchasing Managers' Index (PMI): 2. A Non-Resident Ordinary Account allows

1. It is a survey-based economic indicator an NRI to deposit any income that

that offers insights into the expansion and originates from their country of residence

contraction of the economy. in Indian Rupees.

2. The index is calculated for both the 3. A Foreign Currency Non-Resident Account

manufacturing and services sectors. allows an NRI to deposit earnings

3. The index value above 50 denotes the generated from anywhere in a foreign

expansion in the business activity. currency.

Which of the statements given above are How many of the statements given above

correct? is/are correct?

(a) 1 and 2 only (a) Only one

(b) 2 and 3 only (b) Only two

(c) 1 and 3 only (c) All three

(d) 1, 2 and 3 (d) None

(9-A)
SIA-A-GS I
40. Dusted Apollo, recently seen in the news, is Select the correct codes from the options given
referred to: below:
(a) Remnants of a lunar probe located by the (a) 1 and 4 only
Chandrayaan-3. (b) 2 and 3 only

(b) Maritime patrol aircraft of the USA took (c) 1, 2 and 4 only

part in the 2023 Malabar exercise. (d) 1, 3 and 4 only

(c) High-altitude butterfly species found in the

43. Which of the following is not an impact of an
north-western Himalayas.
increase in the Real Effective Exchange Rate
(d) A spacecraft launched by NASA carried
(REER) of a country’s currency?
humans to the International Space
(a) Depreciation of the currency
Station.
(b) Loss in trade competitiveness
(c) Cheaper imports
41. With reference to the Per Drop More Crop
(d) Lower exports
(PDMC) scheme, consider the following
statements: 44. Jezero Crater, sometimes recently in the news,
1. It is a centrally sponsored scheme under is related to which of the following?
the Ministry of Jal Shakti. (a) Earth
2. It is being implemented under the (b) Mars
Rashtriya Krishi Vikas Yojana. (c) Venus
3. PDMC focuses on enhancing water use (d) Moon
efficiency at the farm level through Drip
and Sprinkler Irrigation Systems. 45. Consider the following statements with respect

Which of the statements given above are to the Mahatma Gandhi National Rural

correct? Employment Guarantee Act of 2005:

1. It provides for the right to unemployment
(a) 1 and 2 only
allowance in case the applicant is not
(b) 1 and 3 only
employed within fifteen days of receipt of
(c) 2 and 3 only
the application.
(d) 1, 2 and 3
2. The state government is required to have
budgetary provisions for payment of
42. Which of the following are characteristics of
unemployment allowance.
Foreign Portfolio Investment (FPI)?
3. The 2011 census data is utilized for the
1. Speculative nature of investment prioritization of the eligible beneficiaries.
2. Investment accompanied by technology Which of the statements given above are
transfer correct?
3. Investors exert influence on the (a) 1 and 2 only
management of the enterprise (b) 2 and 3 only
4. Investment in financial assets (c) 1 and 3 only
(d) 1, 2 and 3

(10-A)
SIA-A-GS I
46. With reference to the 15th Finance Which of the statements given above is/ are
Commission recommendations, consider the correct?
following statements :
(a) 1 only
1. The share of the states in Central taxes
(b) 2 only
during the 2021-26 period is the same as
(c) Both 1 and 2
that for 2020-21.
2. It suggested the Center to bring down the (d) Neither 1 nor 2

fiscal deficit to 4% of GDP by the year

2025-26. 49. In India, industrial licenses are issued and
3. It recommended the cost-sharing pattern
regulated under which of the following acts?
for the Centre and state as 75:25 for all
(a) Companies Act of 2013
the states in India for disaster
(b) Industries (Development and Regulation)
management funds.
How many of the statements given above Act of 1951

is/are correct ? (c) Societies Registration Act of 1860

(a) Only one (d) Factories Act of 1948
(b) Only two
(c) All three
50. Consider the following statements with respect
(d) None
to the Unclaimed Deposits:

47. The World Development Report 2023 was 1. Balances in savings accounts that are not

released by: operated for 10 years are classified as

(a) International Monetary Fund Unclaimed Deposits.
(b) UN Sustainable Development Solution
2. Term deposits not claimed within 10 years
Network
from the date of maturity are also
(c) United National Development Programme
classified as Unclaimed Deposits.
(d) World Bank
3. These amounts are transferred by banks

48. Consider the following statements with respect to the Special Liquidity Facility maintained
to the Pradhan Mantri Suryoday Yojana: by the Reserve Bank of India.
1. It aims to provide electricity to low and
How many statements given above is/are
middle-income individuals through solar
correct?
rooftop installations.
(a) Only one
2. The scheme provides for the installation of
standalone Solar Powered Agriculture (b) Only two

Pumps for small and marginal land- (c) All three

holding farmers. (d) None

(11-A)
SIA-A-GS I
51. Consider the following statements with respect How many of the statements given above
to fiscal deficit: is/are correct?

1. It indicates the total borrowing (a) Only one

requirements of the government from all (b) Only two

sources in a year. (c) All three

(d) None
2. It is an indicator of the increase in future
liabilities of the government on interest
54. Which of the following are included in non-tax
payments.
revenue receipts?
3. Revenue deficit is a part of fiscal deficit.
1. Interest receipts on loans by the central
How many of the statements given above
government
is/are correct?
2. Dividends on investments made by the
(a) Only one
government
(b) Only two 3. Fees in services rendered by the
(c) All three government
(d) None 4. Grants in aid from international
organizations
52. Shumang Leela, the traditional form of theatre Select the correct answer using the code given

is celebrated in which of the following states? below:

(a) Tripura (a) 2 and 3

(b) Mizoram (b) 1, 2 and 3

(c) 2, 3 and 4
(c) Manipur
(d) 1, 2, 3 and 4
(d) Meghalaya

55. Consider the following countries:

53. Consider the following statements with respect
1. The Gambia
to the Periodic Labour Force Survey (July –
2. Sierra Leone
September 2023):
3. Liberia
1. The National Sample Survey Office
4. Mali
launches the Periodic Labour Force 5. Guinea
Survey. 6. Morocco
2. The Labour Force Participation Rate in How many of the above-mentioned countries
urban areas has been increasing since the share a land border with Senegal?
start of this fiscal year. (a) Only two
3. The male Worker Population Ratio is more (b) Only three

than that of the female Worker Population (c) Only four

Ratio in urban areas. (d) Only five

(12-A)
SIA-A-GS I
56. Consider the following statements with respect 58. With reference to the Insolvency and
to the Technology Development Fund Scheme: Bankruptcy Code (IBC) and Financial Service
1. It is an initiative of the Ministry of Defence
Providers (FSP), consider the following
executed by the Defence Research
statements:
Development Organization.
2. The scheme is specific to the defense 1. The Reserve Bank of India can notify FSP

products and its system. whose insolvency and liquidation

3. The scheme extends financial support and proceedings may be conducted under IBC.
expertise to upgrade existing and futuristic
2. A Corporate Insolvency Resolution Process
products.
against an FSP can be initiated only when
How many of the statements given above
is/are correct? the appropriate regulator of such FSP

(a) Only one applies.

(b) Only two Which of the statements given above is/are

(c) All three
correct?
(d) None
(a) 1 only

(b) 2 only
57. Consider the following statements with respect
to the National Agricultural Cooperative (c) Both 1 and 2

Marketing Federation of India (NAFED): (d) Neither 1 nor 2

1. NAFED is registered under the Multi-State
Cooperative Societies Act.
59. With reference to the Indian economy,
2. NAFED acts as an agent of any
consider the following statements:
government agency for the purchase and
storage of agricultural and horticultural 1. Non-tax revenue in terms of percent of

produce. GDP has continued to increase in the last

3. NAFED acts as a warehouseman under the
five years.
Warehousing Act and advances loans to its
2. Non-tax revenues represent non-debt
members and other cooperative
capital receipts of the Union government.
institutions.
Which of the statements given above are Which of the above statements is/are correct?

correct? (a) 1 only

(a) 1 and 2 only (b) 2 only
(b) 2 and 3 only
(c) Both 1 and 2
(c) 1 and 3 only
(d) Neither 1 nor 2
(d) 1, 2 and 3
(13-A)
SIA-A-GS I
60. With reference to the Scholarships for Higher 62. Consider the following statements with respect
Education for Young Achievers Scheme to debt financing and equity financing:
1. Debt financing involves the borrowing of
(SHREYAS), consider the following statements:
money, whereas equity financing involves
1. It aims at promoting quality education selling a portion of ownership in the
amongst students belonging to SCs and company.
2. In equity financing, there is no obligation
OBCs in the country.
to repay the money acquired, and in debt
2. It covers all universities/institutions financing, a business owner does not give
recognized by the University Grants up any control of the business.
Which of the statements given above is/are
Commission.
correct ?
3. The Ministry of Education is the nodal (a) 1 only
agency for implementing the scheme. (b) 2 only

How many of the above statements is/are (c) Both 1 and 2

(d) Neither 1 nor 2
correct?

(a) Only one 63. Which of the following can aid in furthering
(b) Only two the Government’s objective of inclusive
growth?
(c) All three
1. Promoting Digital India campaign.
(d) None 2. Development of a Unique ID for all citizens
(Aadhar).
3. Implementing the PM Awas Yojana (Rural).
61. Consider the following statements with respect
Select the correct answer using the codes
to the Sovereign Green Bonds (SGrB): given below:
1. The objective of SGrB is to promote climate (a) 1 only
resilience and to encourage energy (b) 1 and 2 only
(c) 2 and 3 only
efficiency in resource utilization.
(d) 1, 2 and 3 only
2. The funds raised through SGrB are

exclusively used to finance green projects 64. Consider the following statements with respect
to the “PM-eBus Sewa” Scheme :
and assets.
1. It was launched by the Ministry of Road
3. Money raised through SGrB is part of Transport & Highways to increase the
overall government borrowing modal share of electric bus-based public
transport in Indian cities.
How many of the statements given above
2. It is a subsidy scheme in which incentives
is/are correct? are provided to buyers of electric vehicles.
(a) Only one Which of the above statements is/are correct?
(b) Only two (a) 1 only
(b) 2 only
(c) All three
(c) Both 1 and 2
(d) None (d) Neither 1 nor 2
(14-A)
SIA-A-GS I
65. In India, which one of the following is
responsible for handling all anti-profiteering
complaints under the Goods and Services Tax
(GST) mechanism?
(a) The Department of Consumer Affairs
68. Consider the following statements with respect
to the Financial Stability Board (FSB):
1. FSB is an international body that monitors
and makes recommendations about the

(b) The GST Council global financial system.

(c) The Competition Commission of India 2. It was established at the Pittsburgh
(d) Financial Stability and Development
summit of G20.
Council
3. The Financial Stability Forum was founded

66. Consider the following statements : by G7 finance ministers and was its
1. Regulation of dearness allowance for predecessor institution.
Central government employees is done
How many of the statements given above
based on CPI Industrial Worker (CPI-IW)
is/are correct?
indices.
2. Food has the highest weightage in CPI, (a) Only one
followed by fuel and light. (b) Only two
3. The weights of the CPI basket are based on
(c) All three
the average household expenditure,
(d) None
whereas the weights of the WPI are based
on production values.
How many of the statements given above 69. With reference to the launch of the sale of rice
is/are correct ? under the 'Bharat' brand, consider the
(a) Only one
following statements:
(b) Only two
(c) All three 1. It will help in the continued moderation of

(d) None the prices of rice in the market.

2. The availability of ‘Bharat’ rice will be

67. Which of the following statements best
expanded to retail outlets and e-commerce
describes the term ‘Slowcession’?
(a) It happens when an economy is sluggish platforms.

but has not fallen into recession. 3. It targets beneficiaries under the Targeted
(b) It happens when there is a significant Public Distribution System.
decline in economic activity over a period
Which of the statements given above is/are
of time.
not correct?
(c) It happens when interest rates tend to be
low and the economy experiences relatively (a) 2 only
rapid growth. (b) 1 and 2 only
(d) It occurs when economic growth hits its
(c) 3 only
maximum rate.
(d) 1 and 3 only
(15-A)
SIA-A-GS I
70. Consider the following: 73. With reference to the Atal Pension Yojana
1. A Non-Resident Indian (APY), consider the following statements:
2. A minor citizen of India 1. It is under the overall administrative and
3. A Hindu Undivided Family institutional architecture of the National
4. A partnership firm Pension System.
Which of the above are eligible to invest in the 2. An income tax payer is not eligible to join
Sovereign Gold Bond Scheme? this scheme.
(a) 1 and 3 only 3. It is administered by the Employees
(b) 1 and 4 only
Provident Fund Organization.
(c) 2 and 3 only
How many of the statements given above
(d) 1, 3 and 4 only
is/are correct?
(a) Only one
71. Consider the following:
(b) Only two
1. High rate of inflation in the economy
(c) All three
2. Import restrictions by Government
(d) None
3. Lowering of Real Exchange Rate of
domestic currency
74. Consider the following:
How many of the actions/situations can help
prevent the worsening of the Current 1. Expansion of bank credit

Account? 2. Low safety of bank deposits

(a) Only one 3. Improved ability of banks to meet financial

(b) Only two obligations under stress
(c) All three How many of the above is/are exhibited by
(d) None banks with higher Capital to Risk Weighted
Asset Ratio (CRAR)?
72. Which of the following is related to the (a) Only one
recently launched PUShP portal? (b) Only two
(a) It is a dedicated and unified platform for (c) All three
providing online training and medical (d) None
education to all health professionals in the
country. 75. In the context of banking in India, ‘UDGAM’
(b) It is a browser-based platform- recently seen in the news refers to:
independent application that allows for
(a) A portal that tracks the creation of new
both ‘doctor-to-doctor’ and ‘patient-to-
banking infrastructure
doctor’ teleconsultations.
(b) A portal that enables depositors to search
(c) It is an initiative launched to ensure
and claim their unclaimed deposits
greater availability of power during the
(c) A portal to curb the illegal collection of
peak demand season.
money by companies
(d) It is a single unified multi-platform mobile
(d) A portal to promote start-up ecosystem in
app providing access to high-impact
India
services of various organizations of central
government.
(16-A)
SIA-A-GS I
76. Consider the following statements with respect 79. In the context of international trade, consider
to the millets: the following statements regarding Non-Tariff
1. Millets are a group of small-grained cereal Measures (NTMs):
food crops that are highly tolerant and
1. NTMs comprise all types of measures
require low chemical inputs.
except customs tariffs, which can either
2. FSSAI has framed a comprehensive group
standard for Sorghum, whole and restrict or facilitate international trade.

decorticated Pearl Millet grain, Finger 2. The measures imposed by governments to

Millet, and Amaranth only. favor domestic over foreign industries are
3. Maximum limits for moisture content, uric considered to be non-tariff barriers (NTBs).
acid content and extraneous matter are 3. According to WTO agreements, the use of
some of the parameters framed by FSSAI.
NTMs is allowed under certain
How many of the statements given above
circumstances.
is/are correct?
(a) Only one How many of the statements given above

(b) Only two is/are correct?

(c) All three (a) Only one
(d) None (b) Only two
(c) All three
77. ‘The RAMP program’ is a World Bank-assisted
(d) None
central government program launched for:
(a) Improving access to markets and credit for
80. Consider the following statements with respect
MSMEs
(b) Promoting women’s Self-Help Groups in to the Pradhan Mantri Bhartiya Janaushadhi
backward areas Pariyojana (PMBJP):
(c) Providing electricity to every household in 1. The objective of the scheme is to provide
the country by 2024 generic medicines to all at affordable
(d) Certifying the skills acquired by trainees
prices through dedicated outlets.
under the National Skill Development
2. The scheme is being implemented through
Programme
the Pharmaceuticals & Medical Devices

78. Consider the following: Bureau of India.

1. Stamp duty on export documents 3. The scheme is launched by the Ministry of
2. Mandi tax Health and Family Welfare.
3. Property tax How many of the statements given above
4. Excise duty
is/are correct?
How many of the taxes given above is/are
(a) Only one
covered under the RoDTEP Scheme?
(b) Only two
(a) Only one
(b) Only two (c) All three
(c) Only three (d) None
(d) All four

(17-A)
SIA-A-GS I
81. Consider the following statements with respect 84. Hot water freezes faster than cold water under
to the Stand Up India Scheme: certain conditions because evaporation will
1. It aims to promote entrepreneurship produce a cooling effect. Which phenomenon
among women and scheduled castes and best describes the above effect?
tribes. (a) Mpemba effect
2. It facilitates bank loans between Rs 10 (b) Tyndall effect
lakh and Rs 1 crore for setting up (c) Supercooling effect
greenfield enterprises. (d) Leidenfrost effect
3. The scheme is anchored by the National
Bank for Agriculture and Rural 85. The World Economic Situation and Prospects

Development. report is released by which of the following?

How many of the statements given above (a) World Bank

is/are correct? (b) International Monetary fund

(a) Only one (c) United Nations

(b) Only two (d) G20 grouping

(c) All three

86. Consider the following statements :
(d) None
1. A dear money policy results in the
tightening of credit through an increase in
82. Which of the following is a situation where
interest rates.
firms, in response to higher costs, reduce the
2. Expansionary policy will always cause
quality of a good or a service?
crowding out of private activity in the
(a) Skewflation
credit market.
(b) Stagflation
3. Expansionary policy is intended to prevent
(c) Skimpflation
or moderate economic downturns and
(d) Greedflation
recessions.
How many of the statements given above
83. Which of the following are considered to be
is/are not correct ?
‘agency services’ of commercial banks in
(a) Only one
India?
(b) Only two
1. Grant of loans for export and import trade
(c) All three
2. Acceptance of income tax payments
(d) None
3. Providing overdraft facilities
4. Sale and purchase of securities
87. Bankers’ deposits with the Reserve Bank of
Select the correct codes from the options given
India are considered to be a part of:
below:
(a) Monetary base but not the money supply
(a) 1 and 3 only
(b) Money supply but not monetary base
(b) 1, 3 and 4 only (c) Both money supply and monetary base
(c) 2 and 4 only (d) Neither money supply nor monetary base
(d) 2, 3 and 4 only
(18-A)
SIA-A-GS I
88. Consider the following statements with respect How many of the statements given above
to the National Thermal Power Corporation is/are correct?
(NTPC) Limited:
(a) Only one
1. NTPC Ltd. is India's largest integrated
(b) Only two
power utility, contributing 25 percent of
the power requirement of the country. (c) All three

2. NTPC Ltd. fosters innovation in hydro, (d) None

solar, and wind power plants.
3. Recently, NTPC Ltd. has attained the
91. Consider the following statements:
status of Navratna company.
1. The Pension Fund Regulatory and
Which of the statements given above are
correct? Development Authority (PFRDA) is

(a) 1 and 2 only responsible for regulating India's pension

(b) 2 and 3 only sector, which includes both public and
(c) 1 and 3 only
private sectors.
(d) 1, 2 and 3
2. Trustee Banks are regulated by PFRDA.

89. Which of the following functions is carried out Which of the above statements is/are correct?

by the Reserve Bank of India to reduce (a) 1 only

inflation? (b) 2 only
1. Sale of Government Securities in the open
(c) Both 1 and 2
market.
(d) Neither 1 nor 2
2. Increase in Statutory Liquidity Ratio (SLR)
3. Repayment of public debt
How many of the statements given above 92. Consider the following statements:
is/are correct? 1. The Insurance Regulatory and
(a) Only one
Development Authority of India (IRDAI)
(b) Only two
manages and regulates life insurance but
(c) All three
(d) None does not oversee non-life insurance.

2. Recently, IRDAI has launched a 'zero-

90. With reference to Exchange Traded Fund tolerance' policy to bring all uninsured
(ETF), consider the following statements:
motor vehicles under its insurance
1. An ETF is a group of stocks that can be
coverage.
traded like any other listed security.
Which of the above statements is/are correct?
2. An ETF unit can be bought directly from
an asset management company without (a) 1 only
having a demat account. (b) 2 only
3. Like an ordinary stock, an ETF unit can be (c) Both 1 and 2
traded throughout the day.
(d) Neither 1 nor 2
(19-A)
SIA-A-GS I
93. Consider the following statements with respect 96. Consider the following provisions with respect
to the One District One Product (ODOP): to the Pradhan Mantri Formalisation of Micro
1. ODOP is an initiative of the Ministry of food processing Enterprises Scheme:
Commerce and Industry for all the
1. Seed capital is provided for Self Help
districts of the country.
Groups for those engaged in food
2. A diverse range of products, such as
processing for working capital and
handlooms, handicrafts, and agricultural
purchase of small tools.
produce, are selected from the district for
promotion. 2. Common infrastructure support would be

3. As of now, only existing enterprises provided to any Government agency or

involved in ODOP products are supported private enterprises.
by capital investments. 3. It is implemented by the Ministry of
Which of the statements given above are Commerce and Industry.
correct?
How many of the statements given above
(a) 1 and 2 only
is/are correct?
(b) 2 and 3 only
(a) Only one
(c) 1 and 3 only
(b) Only two
(d) 1, 2 and 3
(c) All three

94. LEADS [Logistics Ease Across Different States] (d) None

2023 report is released by which of the
following? 97. Consider the following statements with respect
(a) NITI Aayog to the Social Impact Fund:
(b) Ministry of Commerce and Industry
1. It is a multistakeholder initiative to fast-
(c) Reserve Bank of India
track Digital Public Infrastructure (DPI)
(d) Ministry of Finance
implementation in the global south.
2. This fund will offer financial support to
95. Which of the following are beneficial factors of
the Ethanol blending program? provide upstream technical and non-

1. Increases demand for agricultural product technical assistance to countries in

2. Diversification of revenue streams for developing DPI systems.
farmers 3. Governments and international
3. Savings in foreign exchange reserves organizations shall contribute to this fund.
4. Ensures food price stability
Which of the statements given above are
Select the correct answer using the codes
correct?
given below:
(a) 1 and 2 only
(a) 1, 2 and 3
(b) 2 and 3 only
(b) 2, 3 and 4
(c) 1, 3 and 4 (c) 1 and 3 only

(d) 1, 2, 3 and 4 (d) 1, 2 and 3

(20-A)
SIA-A-GS I
98. Consider the following statements with respect 100. ‘Advance Authorisation Scheme’ is sometimes

to Micro, Small and Medium Industries in mentioned in the news is related to:

India: (a) enhancing priority access to export

1. For the calculation of turnover of an promotion funds

(b) allowing duty-free import of inputs for
MSME, the exports of goods or services or
export purposes
both will not be taken into account.
(c) addressing default on export obligations
2. In India, MSMEs provide larger
(d) permitting import of capital goods at zero
employment opportunities in the urban customs duty for export promotion
areas.

Which of the above statements is/are not

correct?

(a) 1 only

(b) 2 only

(c) Both 1 and 2

(d) Neither 1 nor 2

99. Consider the following statements with respect

to the Agriculture Infrastructure Fund:

1. The fund is to mobilize medium to long-term

debt financing facilities for investing in post-

harvest management infrastructure.

2. The fund will also provide financial

support and incentives to

community farming assets.

3. Under this fund, eligible borrowers can

avail of loans up to 2 crores without any

collateral.

How many of the statements given above

is/are correct?

(a) Only one

(b) Only two

(c) All three

(d) None

(21-A)
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