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TEST BOOKLET

GENERAL STUDIES (P) 2024 – Test – 4154

C
Time Allowed: Two Hours Maximum Marks: 200

INSTRUCTIONS

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1. Consider the following actions: 4. Consider the following statements regarding
1. Hike in the policy repo rate Provisioning Coverage Ratio (PCR):
2. Increase in the deposit rates 1. The shrinking of Gross NPAs results in a
decrease in the PCR.
3. Decrease in the lending rates
2. PCR in the case of the Private sector
How many of the above actions reflect the
Banks has consistently remained higher
tightening in the monetary policy of a than Public sector banks over the past
country? three years.
(a) Only one Which of the statements given above is/are
(b) Only two correct?
(c) All three (a) 1 only
(d) None (b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
2. Consider the following:
1. Aadhaar 5. Consider the following statements regarding
2. Unified Payments Interface Asian Palm Oil Alliance (APOA):
3. Aadhar enabled payment services 1. It is an association of major palm oil
4. Account Aggregator export countries to gain collective
Indian Stack consists of how many of the bargaining power.
2. All member countries of APOA are also
above technologies?
part of SAARC grouping.
(a) Only one
Which of the statements given above is/are
(b) Only two
correct?
(c) Only three (a) 1 only
(d) All four (b) 2 only
(c) Both 1 and 2
3. Consider the following statements regarding (d) Neither 1 nor 2
‘Flipping’ as defined by the Economic
6. Recently, the All India Survey of Higher
Survey 2022-23:
Education (AISHE) report for 2021-22 was
1. It refers to the transfer of ownership of a
published, In this context, consider the
domestic company to an overseas entity. following statements:
2. It also denotes the transfer of Intellectual 1. It is released by the NGO Pratham.
property and data. 2. At the all-India level, the Gender Parity
3. Better tax policies, flexible corporate Index is in favor of males.
structure and capital access are the 3. Engineering and technology courses
have the highest enrolment rate of total
reasons for flipping.
undergraduate enrolment across India.
How many statements given above are
How many of the statements given above are
correct?
correct?
(a) Only one (a) Only one
(b) Only two (b) Only two
(c) All three (c) All three
(d) None (d) None
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7. Consider the following statements regarding 9. Consider the following statements regarding
the Urban Infrastructure Development Fund
the Viability Gap Funding Scheme (VGF):
(UIDF):
1. It was launched by the Department of 1. Its proceeds are utilized for the
Economic Affairs (DEA). development of the urban infrastructure
in megacities of India.
2. Only projects within the social sector are
2. The corpus is made up of priority sector
eligible to receive funding through this lending shortfall.
scheme. 3. It is being managed by the National
Housing Bank.
3. Under this social sector projects may get
How many of the above statements are
up to 100 per cent of the Capital correct?
expenditure (Capex) and Operating (a) Only one
(b) Only two
Expenditure (Opex) for five years as a
(c) All three
VGF grant. (d) None
How many of the above statements are
10. Consider the following statements regarding
correct? the Minimum Support Price (MSP):
(a) Only one 1. The government has ensured a minimum
of 50 % margin over the all-India
(b) Only two
weighted average cost of production for
(c) All three crops covered under MSP.
(d) None 2. In 2023-24, the highest increase in MSP
was approved for wheat, followed by
rice.
8. Consider the following statements regarding Which of the statements given above is/are
the Female Labour Force Participation Rate correct?
(a) 1 only
(FLFPR) 2022-23:
(b) 2 only
1. Compared to rural FLFPR, the urban (c) Both 1 and 2
FLFPR has seen a sharp growth. (d) Neither 1 nor 2

2. The composition of the female 11. Consider the following statements:

workforce has been tilting away from 1. More than half of India’s remittances are
attributable to the high-skilled Indian
agriculture, while that of the male
migrants in the top high-income
workforce is tilting towards agriculture. destinations.
Which of the statements given above is/are 2. India received private transfer receipts of
over 100 billion USD in FY23.
correct?
Which of the statements given above is/are
(a) 1 only 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
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12. Consider the following statements regarding 14. Consider the following statements regarding

the Baltic Dry Index: Indian Financial Markets:

1. It measures changes in the cost of 1. The Indian stock market is the world’s

transporting various raw materials, such second-largest stock market in terms of

as coal and steel. market capitalization.

2. It was developed by the Organisation for 2. The Retail Direct Scheme was

Economic Co-operation and introduced by SEBI to allow individual

Development. investors to subscribe to government

Which of the statements given above is/are securities.

3. Listed large corporates have to

correct?
mandatorily meet 25 % of their
(a) 1 only
financing needs through the issuance of
(b) 2 only
debt securities.
(c) Both 1 and 2
Which of the statements given above is/are
(d) Neither 1 nor 2
correct?

(a) 1 and 2 only

13. Consider the following statements regarding
(b) 2 and 3 only
the PM Surya Ghar Muft Bijlee Yojana:
(c) 3 only
1. It will enable one crore households to
(d) 1, 2 and 3
obtain up to 300 units of free electricity

every month.
15. India has a large endowment of rivers,
2. It provides for a subsidy of 60% of the
canals, and other waterways. In this context,
solar unit cost for systems up to 200 kW
arrange the navigable length of waterways of
capacity.
the following states in increasing order:
3. A Model solar village will be developed
1. Kerala
in each district of the country to act as a
2. West Bengal
role model for adoption of rooftop solar
3. Andhra Pradesh
in rural areas 4. Tamil Nadu
Which of the statements given above are Select the correct answer using the code
correct? given below.
(a) 1 and 2 only (a) 3-4-2-1
(b) 2 and 3 only (b) 3-4-1-2
(c) 1 and 3 only (c) 4-3-1-2
(d) 1, 2 and 3 (d) 4-3-2-1
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16. Consider the following statements about the 19. Consider the following statements regarding
Krishi Udan Scheme: the Payment Banks:
1. These banks can avail the National
1. Krishi Udan Scheme 2.0 was announced,
Electronic Funds Transfer (NEFT)
mainly focusing on the export of Facility.
perishable food products from 2. These banks are allowed to issue debit
international destinations. cards and third party fund transfers.
3. These banks can accept fixed deposits
2. To incentivise the movement of
only upto ₹1 lakh per customer.
agricultural produce the Airports Which of the statements given above is/are
Authority of India offers a correct?
comprehensive waiver of landing, (a) 1 and 2 only
(b) 2 only
parking, and terminal navigational
(c) 3 only
landing charges. (d) 1, 2 and 3
Which of the statements given above is/are
20. Consider the following statements regarding
correct?
the Micro, Small & Medium Enterprises
(a) 1 only (MSMEs):
(b) 2 only 1. The Union Budget for FY24 allows a tax
(c) Both 1 and 2 deduction for expenditure incurred on
payments made to MSMEs only when
(d) Neither 1 nor 2
payment is actually made.
2. In India, it is mandated that a buyer is
17. Consider the following: not liable to pay interest on delayed
1. Unemployment rate payments to MSMEs.
Which of the statements given above is/are
2. Share of regular-wage jobs
correct?
3. EPFO membership (a) 1 only
4. Youth workforce participation rate (b) 2 only
How many of the above have increased in (c) Both 1 and 2
(d) Neither 1 nor 2
India during the last five years?
(a) Only one 21. Consider the following statements regarding
(b) Only two the Capital Expenditure (CAPEX) in an
(c) Only three economy:
1. It enhances productive capacity in the
(d) All four
long term.
2. It leads to crowding out of private
18. ‘Global Wage Report 2022-2023’ was investment.
3. It strengthens the aggregate demand in
published by:
the economy.
(a) United Nations Children's Fund
How many of the statements given above are
(UNICEF) correct?
(b) International Labour Organization (ILO) (a) Only one
(b) Only two
(c) World Economy Forum (WEF)
(c) All three
(d) World Bank (d) None
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22. Consider the following surveys: 25. Consider the following statements regarding
1. Periodic Labour Force Survey (PLFS) the Automotive Mission Plan 2016-26:
2. Annual Survey of Industries 1. It has been finalized jointly by the
3. All-India Survey of Migrant Workers Government of India and the Indian
How many of the surveys mentioned above Automotive Industry.
2. It aims to grow the automobile sector in
are conducted by the Labour Bureau?
value to over 12% of GDP.
(a) Only one
3. It aims to implement end-of-life policy
(b) Only two
for both automotive vehicles and
(c) All three
components,
(d) None
How many of the above statements are
correct?
23. Consider the following statements regarding (a) Only one
National Frequency Allocation Plan 2022: (b) Only two
1. It provides a broad regulatory framework (c) All three
to identify frequency bands available for (d) None
cellular mobile services, Wi-fi,
Television, and other areas. 26. Expenditure incurred by which of the
2. It guides the users of the spectrum to following entities are included in the private
plan their networks in accordance with final consumption expenditure (PFCE)?
the relevant frequency and parameters. 1. Resident households
2. Public Sector Undertakings
Which of the statements given above is/are
3. Non-profit institutions serving
correct?
households
(a) 1 only
Select the correct answer using the code
(b) 2 only
given below.
(c) Both 1 and 2 (a) 1 and 2 only
(d) Neither 1 nor 2 (b) 2 and 3 only
(c) 1 and 3 only
24. Consider the following statements regarding (d) 1, 2 and 3
India's external sector:
1. Merchandise exports have decreased by 27. Consider the following statement regarding
more than 50 percent during the last the Digital Document Execution (DDE)
decade. platform:
2. Software services exports comprise 1. It is a mode for the paperless execution
almost half of the service exports and storage of financial contracts.
2. It serves the financial sector in
consistently.
facilitating the dematerialization of
3. Foreign Trade Policy (FTP) 2023 aims
financial contracts.
to increase the country's exports to USD
3. It is an initiative by the Ministry of
2 trillion by 2030.
Electronics and Information Technology.
How many of the above statements are How many of the above statements are
correct? correct?
(a) Only one (a) Only one
(b) Only two (b) Only two
(c) All three (c) All three
(d) None (d) None

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28. Consider the following statements regarding 31. Consider the following statements:
the Lakhpati Didi scheme: 1. At present, there are more than 100 Geo
1. It aims to empower women in rural areas Heritage Sites declared in India.
by encouraging them to start micro- 2. Geological Survey of India (GSI)
enterprises declares geo-heritage sites/ national
geological monuments for the purpose of
2. The participants in the Lakhpati Didi
protection and maintenance.
Scheme must be active members of self-
3. GSI comes under the administrative
help groups.
control of the Ministry of Culture.
Which of the statements given above is/are
How many of the above statements are
correct?
correct?
(a) 1 only (a) Only one
(b) 2 only (b) Only two
(c) Both 1 and 2 (c) All three
(d) Neither 1 nor 2 (d) None

29. In the context of the fisheries sector, how 32. Consider the following statements regarding
many of the following are emphasised in the the Indian Central Bank Digital Currency in
Union Budget 2024? India:
1. Enhancing aquaculture productivity from 1. Currently it is being used in the
settlement of secondary market
existing 3 to 5 tons/Ha
transactions in government securities.
2. Doubling exports to Rs 1 lakh crore
2. It is banned in interbank transactions.
3. Setting up five integrated aqua parks
Which of the statements given above is/are
Select the correct answer using the code
correct?
given below.
(a) 1 only
(a) 1 only (b) 2 only
(b) 1 and 2 only (c) Both 1 and 2
(c) 1, 2 and 3 (d) Neither 1 nor 2
(d) 2 and 3 only
33. Consider the following statements with
30. Consider the following statements regarding regard to the India Volatility Index or VIX:
Global Capability Centers (GCC): 1. It was first introduced by the National
1. They are offshore units of multinational Stock Exchange (NSE) in the year 2003.
corporations that operate across the 2. It represents the investors’ perception of
globe. the market.
3. It is calculated by taking into account the
2. They account for more than 1 % of
price movement of the underlying
India’s GDP.
equities.
Which of the statements given above is/are
How many of the above statements are
correct?
correct?
(a) 1 only (a) Only one
(b) 2 only (b) Only two
(c) Both 1 and 2 (c) All three
(d) Neither 1 nor 2 (d) None
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34. Arrange the following economic reforms 37. Consider the following statements:
introduced in the Indian economy in the 1. During the last six years the Indian
correct chronological order of their
agriculture sector has been growing at an
occurrence:
average annual growth of more than 6
1. Introduction of Ways and Means
Advances (WMA) percent.
2. Current account made fully convertible 2. During 2021-22, agricultural exports for
3. Enactment of the SARFAESI Act
the first time crossed US$ 100 billion.
Select the correct answer using the code
Which of the statements given above is/are
given below.
(a) 1-2-3 correct?

(b) 3-2-1 (a) 1 only

(c) 2-1-3
(b) 2 only
(d) 1-3-2
(c) Both 1 and 2

35. Goods Trade Barometer Index is released by (d) Neither 1 nor 2

(a) World Trade Organization

(b) International Monetary Fund
38. Consider the following statements regarding
(c) World Bank
Jal Jeevan Mission (Urban):
(d) United Nations Conference on Trade and
Development (UNCTAD) 1. It provides for the coverage of

sewerage/septage management in 500

36. Consider the following statement regarding
AMRUT cities.
Account Aggregator (AA):
2. It aims to create green spaces and sponge
1. Account Aggregators (AA) are entities
engaged in collecting financial cities to reduce floods.

information about customers. 3. 100% central funding will be provided to

2. They are registered as Non-Banking cities having a million-plus population
Financial Companies (NBFC) with RBI.
under this scheme.
3. Insurance companies can also be
Which of the statements given above is/are
registered as Account Aggregator (AA).
How many of the statements given above are correct?
correct? (a) 1 only
(a) Only one
(b) 1 and 2 only
(b) Only two
(c) 2 and 3 only
(c) All three
(d) None (d) 1, 2 and 3
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39. With reference to the Employees Deposit 41. Consider the following statements regarding
the ‘Raising and Accelerating MSME
Linked Insurance (EDLI) Scheme, consider
Performance’ scheme sometimes seen in the
the following statements: news:
1. It is managed based on monthly equal 1. The scheme aims to scale up the
implementation capacity and coverage of
contributions from the employer and
MSMEs in the states.
employee. 2. The monetary support is routed into the
2. It was one of the employee insurance MSME’s budget against ‘Disbursement
Linked indicators’.
schemes that was launched by the
3. The scheme is supported by the New
Government after 1991 economic Development Bank.
How many statements given above are
reforms.
correct?
3. Any employee who has an EPF account (a) Only one
automatically becomes eligible for the (b) Only two
(c) All three
EDLI scheme.
(d) None
How many of the above statements are
correct? 42. Consider the following drivers of the Indian
economy :
(a) Only one 1. Private consumption
(b) Only two 2. High hedging costs of external
commercial borrowings
(c) All three
3. Capital formation
(d) None 4. Current account surplus
According to the Economic Survey 2022-23,
India’s economic growth in FY23 has been
40. Consider the following statements regarding
‘principally’ led by how many of the above
the Standing Deposit Facility (SDF): factors?
1. It removes the binding constraint on RBI (a) Only one
(b) Only two
to show government securities on the (c) Only three
balance sheet. (d) All four
2. All the participants who are eligible for
43. Consider the following statements:
LAF (Liquidity Adjustment Facility) are 1. General Government Debt includes the
also eligible for SDF. debt of both the Centre and the State
Governments.
3. It is operated during the market hours.
2. India's debt to GDP ratio has
How many of the above statements are consistently decreased in the last two
correct? decades.
Which of the statements given above is/are
(a) Only one 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
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44. Consider the following statements regarding 47. Consider the following sectors of the Indian
International Investment Position:
economy:
1. IIP is the balance sheet of a country’s
external financial assets and liabilities. 1. Automobile Industry
2. It is an indicator of the degree of 2. Services Sector
financial openness of a country.
3. Trading
3. India's total liabilities declined year on
year basis as of 2023. 4. Computer Software & Hardware
How many of the above statements are How many of the above are among the top
correct?
five sectors receiving the highest FDI Equity
(a) Only one
(b) Only two Inflow during FY 2022-23?
(c) All three (a) Only one
(d) None
(b) Only two

45. How many of the following are covered (c) Only three
under Revenue Expenditure in an economy? (d) All four
1. Fertilizer subsidy
2. Construction of National Highways
3. Interest payments 48. In the context of the cooperative sector in
Select the correct answer using the code India, which of the following states has the
given below.
highest number of Multi-State Cooperative
(a) Only one
(b) Only two Societies?
(c) All three (a) Gujarat
(d) None
(b) Maharshtra

46. Consider the following: (c) Andhra Pradesh

Statement I: Pent-up demand is most evident (d) Uttar Pradesh
in durable consumer goods.
Statement II: Pent-up demand refers to a
situation where demand for a service or 49. Consider the following countries:
product is unusually weak. 1. China
Which one of the following is correct in
2. Brazil
respect of the above statements?
(a) Both Statement-I and Statement-II are 3. USA
correct and Statement-II is the correct 4. Japan
explanation for Statement-I
How many of the above countries have
(b) Both Statement-I and Statement-II are
correct and Statement-II is not the pledged to be net zero emitters by 2050?
correct explanation for Statement-I (a) Only one
(c) Statement-I is correct but Statement-II is
(b) Only two
incorrect
(d) Statement-I is incorrect but Statement-II (c) Only three
is correct (d) All four
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50. Consider the following statements regarding 53. The amount recovered by Scheduled
the budgetary allocations on social sector Commercial Banks in FY 2022 is highest
schemes in 2023: through which of the following debt
1. Pradhan Mantri Awas Yojana has seen a
recovery channels?
constant increase in the money allocated.
(a) Debts Recovery Tribunals (DRTs)
2. The MGNREGA allocation has come
down to Rs 50,000 crore for the first (b) Lok Adalat
time. (c) SARFAESI (Securitisation Asset
3. Pradhan Mantri Gram Sadak Yojana Reconstruction and Security Interest)
allocation has seen a steady reduction Act
from last year’s allocation.
(d) Insolvency and Bankruptcy Code (IBC)
How many of the above statements are
correct?
54. Consider the following statements regarding
(a) Only one
(b) Only two old and new tax regime income tax slabs:
(c) All three 1. The number of income tax slabs in the
(d) None new regime has been reduced from six to
five with zero tax up to 3 lakh income.
51. Consider the following statements regarding
2. The maximum tax slab under both
the ‘Unity Malls’, sometimes seen in news:
regimes is above 20 lakhs with a 30%
1. They will promote the One District One
product and GI tag products. tax rate.
2. It is a part of the 'Scheme for Special Which of the statements given above is/are
Assistance to States for Capital correct
Investment 2023-24’. (a) 1 only
Which of the statements given above is/are (b) 2 only
correct?
(c) Both 1 and 2
(a) 1 only
(d) Neither 1 nor 2
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2 55. Consider the following statements regarding
the e-Shram portal:
52. Which of the following is not correct 1. It is the first-ever national database of
regarding the new tax regime sometimes
unorganized workers which also
seen in the news?
includes migrant workers.
(a) It is a default regime but the old tax
2. It has been developed by the Ministry of
regime would not be discarded
completely. Micro, Small and Medium Enterprises
(b) Individuals could opt for reduced tax (MSME).
rates with no option for claiming Which of the statements given above is/are
exemptions and deductions. correct?
(c) It gives flexibility to taxpayers to invest
(a) 1 only
their money as they prefer.
(b) 2 only
(d) It was announced in the budget 2023-24
for individuals and Hindu Undivided (c) Both 1 and 2
families. (d) Neither 1 nor 2
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56. Consider the following statements regarding 59. Consider the following statements regarding
the Leadership Group for Industry Transition the DigiSaksham Program:
(LeadIT): 1. It offers a self-paced online or offline
1. It is the first global high-level initiative training program on soft and digital
aimed at reaching net zero emissions skills to improve the employability of
from heavy industry. job seekers.
2. It gathers countries and companies that 2. It is a free-of-cost program run by the
are committed to action to achieve the National Career Service project in
Paris Agreement. collaboration with the private sector.
3. India is a founding member of the Which of the statements given above is/are
LeadIT along with France. correct?
Which of the statements given above is/are (a) 1 only
correct? (b) 2 only
(a) 1 only (c) Both 1 and 2
(b) 2 and 3 only (d) Neither 1 nor 2
(c) 1 and 2 only
(d) 3 only 60. The 1960s witnessed the Indian economy
going through several doldrums. In this
57. Consider the following statements: context, which of the following could be the
1. In an open economy, GDP is always reasons?
equal to GNP. 1. Wars with China and Pakistan
2. A higher foreign trade as a proportion of 2. Severe drought
GDP indicates a higher degree of 3. Low rates of taxation
openness in an economy. Select the correct answer using the code
Which of the statements given above is/are given below.
correct? (a) 1 and 2 only
(a) 1 only (b) 2 and 3 only
(b) 2 only (c) 1 and 3 only
(c) Both 1 and 2 (d) 1, 2 and 3
(d) Neither 1 nor 2
61. What will be the primary implication of the
58. Consider the following statements regarding Fintech agreement between India and
India's trade in services during FY22: Singapore?
1. India is the largest service exporter in the (a) It will give India a one-sided access into
world. the Singaporean fintech industry.

2. Software and business services together (b) It will lead to 100 percent capital
account conversion of the Indian Rupee
constitute the largest share of India’s
into Singaporean Dollar and vice-versa.
total services exports.
(c) It will enable FinTech firms from one
Which of the statements given above is/are
jurisdiction to gain market access in the
correct?
other jurisdiction
(a) 1 only
(d) It will make mandatory for Singaporean
(b) 2 only
companies to invest only in fintech
(c) Both 1 and 2
sector in India.
(d) Neither 1 nor 2
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62. With reference to 'All India-Housing Price 65. The Union Budget 2024 provides for the
Index', consider the following statements: expeditious rollout of newly designed U-
1. It is published by the National Housing WIN platform for
Bank.
(a) managing immunisation across the
2. The Housing Price Index is determined
country
using transaction-level data from ten
(b) fostering entrepreneurial aspirations of
major cities.
Youth
Which of the statements given above is/are
correct? (c) supporting dairy farmers
(a) 1 only (d) adoption of e-buses for public transport
(b) 2 only networks
(c) Both 1 and 2
(d) Neither 1 nor 2 66. With reference to the Indian economy,
which one of the following statements is not
63. Consider the following statements regarding
correct?
Budget 2024:
(a) India is the third largest economy in the
1. Borrowings and other liabilities
world in Purchasing power parity (PPP)
constitute the highest income procured
by the Centre. terms.
2. Expenditure on the central sector scheme (b) India is the fifth largest economy in
forms the biggest chunk of the market exchange rates.
government's expenditure. (c) India is currently the largest foreign
Which of the statements given above is/are exchange reserves holder in the world.
correct? (d) India has been the highest remittance-
(a) 1 only
receiving country in the World for the
(b) 2 only
past two years.
(c) Both 1 and 2
(d) Neither 1 nor 2
67. Consider the following statements regarding
64. Consider the following statements regarding National Data and Analytics Platform
Long Term Low Emission Development (NDAP):
Strategy (LT-LEDS) of India: 1. It aims to democratise access to public
1. It envisages a threefold increase in government data by making data
nuclear energy capacity by 2032. accessible and available on a user-
2. The strategy is based on India’s right to
friendly platform.
an equitable and fair share of the global
2. It was launched by the NITI Aayog.
carbon budget.
Which of the statements given above is/are
Which of the statements given above is/are
correct? correct?

(a) 1 only (a) 1 only

(b) 2 only (b) 2 only
(c) Both 1 and 2 (c) Both 1 and 2
(d) Neither 1 nor 2 (d) Neither 1 nor 2
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68. Which of the following statements best
describes the term ‘effective capital
expenditure’ mentioned in the budget 2023-
24?
(a) It is the capital expenditure minus
depreciation.
(b) It is the real capital expenditure value
without taking current inflation into
account.
(c) It is the real capital expenditure taken at
prices at base year and not current year.
(d) It is capital expenditure taken together
with the provision made for creation of
capital assets through grant-in-aids to
states.
71. Consider the following statements regarding
the minerals and new tax regimes:
1. Solar photovoltaic (PV) plants, wind
farms, and electric vehicles (EVs)
require more minerals for their
production than their fossil fuel-based
counterparts.
2. The highest concentration of production
of lithium is found in Argentina while
that of cobalt in China.
Which of the statements given above is/are

69. The Agriculture Accelerator Fund was correct?

announced in the budget 2023-2024. What is
(a) 1 only
the aim of the fund?
(a) It will fund the faster implementation of (b) 2 only
Accelerated Irrigation Benefit (c) Both 1 and 2
Programme.
(b) It will accelerate implementation of (d) Neither 1 nor 2
Rashtriya Krishi Vikas yojana which
aims for a 4% growth rate in agriculture.
72. Consider the following statements regarding
(c) It will bring in modern technologies to
transform agricultural practices, increase the "credit to GDP ratio gap":
productivity and profitability
1. Basel III uses the gap between the credit-
(d) It will fund faster implementation of the
Sub-Mission on Agricultural to-GDP ratio and its long-term trend as a
Mechanization.
guide for setting countercyclical capital

70. With reference to India's property tax buffers.

collection as per the Economic Survey of 2. A higher credit-to-GDP ratio indicates
India 2022-23, consider the following
statements: aggressive and active participation of the
1. India's property tax collection is higher banking sector in the real economy.
than the OECD countries.
Which of the statements given above is/are
2. India has uniform property taxation
practices throughout the country. correct?
Which of the statements given above is/are
(a) 1 only
correct?
(a) 1 only (b) 2 only
(b) 2 only
(c) Both 1 and 2
(c) Both 1 and 2
(d) Neither 1 nor 2 (d) Neither 1 nor 2
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73. Consider the following statements regarding 75. Consider the following statements regarding
food security in India:
the Modified Interest Subvention Scheme
Statement I: Food subsidy in India has
(MISS): increased steadily in the last 5 years.
1. It was introduced to provide short-term Statement II: The government ran a free
food distribution program under the
credit to farmers at subsidized interest PMGKAY (Pradhan Mantri Garib Kalyan
rates. Yojana).
Which one of the following is correct in
2. Under this scheme, agriculture loans up respect of the above statements?
to Rs. 3.00 lakh is available to farmers at (a) Both Statement-I and Statement-II are
correct and Statement-II is the correct
the rate of 7% p.a.
explanation for Statement-I
3. MISS does not cover activities like (b) Both Statement-I and Statement-II are
correct and Statement-II is not the
Animal Husbandry, Dairy, and Fisheries.
correct explanation for Statement-I
How many of the above statements are (c) Statement-I is correct Statement-II is
correct? incorrect
(d) Statement-I is incorrect Statement-II is
(a) Only one correct
(b) Only two
76. The National Family Health Survey (NFHS)
(c) All three
in India shows improved welfare indicators
(d) None from FY16 to FY20. With reference to this,
which of the following indicators of child
health has worsened in NFHS-5 when
74. The Budget 2023-24 has announced a compared to NFHS-4?
(a) Proportion of children who are stunted
Mission to eliminate sickle cell anemia. In
(b) Proportion of children who are wasted
this context, consider the following (c) Proportion of children who are
statements: underweight
(d) Proportion of children who have anemia
1. It aims to eliminate sickle cell anemia by

2030. 77. With reference to the import of edible oil in

India, consider the following statements:
2. It aims for universal screening of people
1. India meets more than 50 percent of its
in the age group of 0-40 years in affected edible oil needs through imports.
2. Sunflower oil constitutes more than 40
tribal areas.
percent of total edible oil imports.
Which of the statements given above is/are 3. India has been mainly importing
sunflower oil mainly from Indonesia.
correct?
How many of the statements given above are
(a) 1 only correct?
(b) 2 only (a) Only one
(b) Only two
(c) Both 1 and 2 (c) All three
(d) Neither 1 nor 2 (d) None

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78. Consider the following statements regarding 80. In the context of the enhancement of

the trends in the components of the Union business activities in GIFT City-

Budget (FY'19-FY'24): International Financial Services Centre,

1. The gross tax receipts witnessed a consider the following statements:

continuous rise during the last five years. 1. The IFSC will be delegated powers

2. The capital expenditure by the under the SEZ (Special Economic Zone)

government has seen a consistent Act, 2005.

increase in the last five years. 2. A subsidiary of EXIM Bank would be

Which of the statements given above is/are established for trade refinancing.

correct? 3. Off-shore derivative instruments will be

(a) 1 only de-recognized as valid contracts.

(b) 2 only How many of the above measures were

(c) Both 1 and 2 announced in the budget 2023-24?

(d) Neither 1 nor 2 (a) Only one

(b) Only two

79. Consider the following statements regarding (c) All three

the Invest India Grid (IIG) platform: (d) None

1. It acts as a centralized portal to track and

review project progress across all 81. Consider the following statements regarding

economic and social infrastructure sub- the Bharat Shared Repository of Inscriptions

sectors. project announced in the Budget 2023-24:

2. National Infrastructure Pipeline (NIP) is 1. It is a project for a digital epigraphy

hosted on Invest India Grid. museum that aims to digitize ancient

3. It connects investors with project inscriptions.

promoters in both public and private 2. It will be set up by the Archaeological

sectors. Survey of India in Rakhigarhi.

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

correct? correct?

(a) Only one (a) 1 only

(b) Only two (b) 2 only

(c) All three (c) Both 1 and 2

(d) None (d) Neither 1 nor 2

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82. In the context of MGNREGA, consider the 84. With reference to the Economic Survey
following statements regarding Project 2022-23, consider the following statements:
1. China is the second top remittance
UNNATI:
recipient country in the world after India
1. It intends to provide training to one adult
in 2022.
member aged 18-45 years old of a 2. According to the IMF, India is the third
household who has not completed 100 largest foreign exchange reserve holder
days of work under MGNREGA. in the world.
Which of the statements given above is/are
2. Under Project UNNATI complete
correct?
expenditure towards the stipend of
(a) 1 only
trainee has to be borne by the state (b) 2 only
governments. (c) Both 1 and 2
Which of the statements given above is/are (d) Neither 1 nor 2

correct?
85. With reference to the Economic Survey
(a) 1 only
2022-23, which of the following categories
(b) 2 only of works under the Mahatma Gandhi
(c) Both 1 and 2 National Rural Employment Guarantee Act
(d) Neither 1 nor 2 (MGNREGA), accounts for the highest share
in the total asset created under the act?
(a) Rural connectivity
83. How many of the following provisions were
(b) Rural sanitation
made in the Budget 2024 to meet the (c) Works on individual’s land
commitment of ‘Net Zero’ by 2070? (d) Water conservation and water harvesting
1. Viability gap funding for the
86. Consider the following statements regarding
development of 1 gigawatt (GW) of
the SVAMITVA scheme:
Solar Parks.
1. It is a centrally sponsored scheme under
2. Setting up of coal gasification and the Ministry of Panchayati Raj.
liquefaction capacity of 100 MT by 2020 2. It aims to bring financial stability to rural

3. Phased mandatory blending of CNG, India by enabling the use of the property
as a financial asset.
PNG, and compressed biogas.
3. It will support in preparation of a better-
4. Financial assistance for procurement of quality Gram Panchayat Development
biomass aggregation machinery. Plan (GPDP) by making use of GIS
Select the correct answer using the code maps.

given below. How many of the statements given above are

correct?
(a) Only one
(a) Only one
(b) Only two (b) Only two
(c) Only three (c) All three
(d) All four (d) None
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87. How many of the following major economic 90. Consider the following statements regarding
railway corridor programs were proposed in
the India Infrastructure Project Development
the Budget 2024?
1. Energy, mineral, and cement corridors Fund Scheme:
2. Port connectivity corridors
3. Coal corridors 1. The Scheme provides project
4. High-traffic density corridors
development expenses for Public-Private
Select the correct answer using the code
given below. Partnership (PPP) Projects.
(a) Only one
2. The funding support is provided to the
(b) Only two
(c) Only three project sponsoring authorities, both in
(d) All four
the Central and State Governments.
88. Consider the following statements regarding
Which of the statements given above is/are
the PM-PRANAM Scheme:
1. The PM-PRANAM scheme was aimed correct?
at saving the soil and promoting
(a) 1 only
sustainable, balanced use of fertilizers.
2. Under the scheme, 100% of the fertilizer (b) 2 only
subsidy saved by a State/UT in a year by
way of reduction in consumption of (c) Both 1 and 2
chemical fertilizers will be passed on to (d) Neither 1 nor 2
that State/UT as a Grant.
Which of the statements given above is/are
correct?
91. Consider the following statements regarding
(a) 1 only
(b) 2 only Green Hydrogen:
(c) Both 1 and 2
(d) Neither 1 nor 2 1. Green hydrogen can be used as a

maritime fuel.
89. Consider the following statements regarding
the indigenous shipbuilding industry: 2. Currently, India doesn’t have
1. Indigenous shipbuilding can help
electrolyzing technology to produce
employment generation in rural, remote
and coastal areas. Green Hydrogen.
2. The Shipbuilding Financial Assistance
Policy (SBFAP) scheme offers financial Which of the statements given above is/are
assistance to Indian shipyards for correct?
shipbuilding contracts.
Which of the statements given above is/are (a) 1 only
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

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92. Consider the following statements regarding 94. With reference to Micro, Small, and Medium
the Investment rate in the economy during Enterprises (MSMEs) in India, consider the
the first two decades of the Millennium: following pairs:
Statement I: The highest rate of investment MSME's portal Objective
in the economy was seen during the first 1. : resolving cash flow
decade. CHAMPIONS difficulties of
Statement II: The investment rate during the Portal MSMEs
first decade was based on excessive 2. Samadhaan : grievance redressal
borrowing. Portal of MSMEs
Which one of the following is correct in
3. Udyam Portal : registration of
respect of the above statements?
MSMEs
(a) Both Statement-I and Statement-II are
How many of the above pairs are correctly
correct and Statement-II is the correct
matched?
explanation for Statement-I
(a) Only one
(b) Both Statement-I and Statement-II are
(b) Only two
correct and Statement-II is not the
(c) All three
correct explanation for Statement-I
(d) None
(c) Statement-I is correct but Statement-II is
incorrect
95. Consider the following statements regarding
(d) Statement-I is incorrect but Statement-II
the National Career Service Project (NCS):
is correct
1. It is an initiative of the Department of
Personnel and Training, Government of
93. With reference to waste management rule in
India.
India, the concept of Extended Producer
2. NCS has partnered with states under the
Responsibility is incorporated in how many
DigiSaksham program to offer a free,
of the following rules?
1. Plastic Waste Management (Second self-paced training programme on career

Amendment) Rules skills.

2. Battery Waste Management Rules 3. The NCS portal has a module that lists

3. E-Waste (Management) Rules international job opportunities.

Select the correct answer using the code How many of the above statements are

given below. correct?

(a) Only one (a) Only one

(b) Only two (b) Only two
(c) All three (c) All three
(d) None (d) None
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96. With reference to total tax collection in 98. Consider the following statements with

India, consider the following statements: regard to the variable rate reverse repo
1. The share of direct taxes is more than the (VRRR) auctions:
share of indirect taxes in total tax 1. It is usually undertaken to inject liquidity
collection. into the banking system.
2. The share of Goods and Services Tax is 2. The collateral eligibility conditions are
more than the corporate income tax in the same as those applicable to the
total tax collection. Liquidity adjustment facility (LAF).
3. Corporate tax in India has been provided Which of the statements given above is/are
under the Income Tax Act, of 1961. correct?
How many of the above statements are (a) 1 only
correct? (b) 2 only
(a) Only one (c) Both 1 and 2
(b) Only two (d) Neither 1 nor 2
(c) All three

(d) None 99. With reference to the 'Scheme of Special

Assistance to States for Capital Investment',

97. Consider the following statements regarding consider the following statements:
the Pradhan Mantri PVTG Development 1. It aims to provide grants to state
Mission: governments to meet their capital
1. The mission aims to improve the socio- investment needs.
economic conditions of particularly 2. Some portions of the funds allocated
vulnerable tribal groups (PVTGs)
within the scheme are earmarked with
through the provision of housing, water
specific conditions, such as the
and sanitation.
scrapping of old vehicles and the
2. It will provide 15000 crore rupees under
implementation of reforms in urban
the Development Action Plan for the
planning and finance.
mission for the next ten years.
Which of the statements given above is/are
Which of the statements given above is/are
correct?
correct?
(a) 1 only
(a) 1 only
(b) 2 only
(b) 2 only
(c) Both 1 and 2
(c) Both 1 and 2
(d) Neither 1 nor 2
(d) Neither 1 nor 2
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100. Consider the following statements:
1. Fiscal deficit refers to the difference
between a government's total revenue
and expenses in a given fiscal year.
2. The fiscal deficit as a percent of the
GDP of India has consistently increased
in the last five years.
Which of the statements given above is/are
correct?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2

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