Download as pdf or txt
Download as pdf or txt
You are on page 1of 18

DO NOT OPEN THIS TEST BOOKLET UNTIL YOU ARE TOLD TO DO SO

GENERAL STUDIESPAPER- I Test Booklet


Series
A
GS - April Batch 2024 – Test 30
GS - June Batch 2024 – Test 21
CA - June Batch 2024 – Test 21

Time Allowed: Two Hours Maximum Marks: 200


INSTRUCTIONS
1. IMMEDIATELY AFTER THE COMMENCEMENT OF THE EXAMINATION, YOU SHOULD CHECK
THAT THIS TEST BOOKLET DOES NOT HAVE ANY UNPRINTED OR TORN OR MISSING PAGES
OR ITEMS ETC. IF SO, GET IT REPLACED BY A COMPLETE TEST BOOK.
2. Please note that it is the candidate’s responsibility to encode and fill in the Roll Number
and Test Booklet Series A, B, C or D carefully without any omission or discrepancy at the
appropriate places in the OMR Answer
Name:
Sheet. Any omission/discrepancy will
render the Answer Sheet liable for Email Id:
rejection. Mobile No:
3. You have to enter your Name, Email Id, Mobile
Roll No:
No. and Roll no. on the test booklet in the Box
provided alongside. DO NOT write anything else on the Test Booklet.
4. This Test Booklet contains 100 items (questions). Each item is printed in English. Each item
comprises four responses (answers). You will select the response which you want to mark on the
Answer Sheet. In case you feel that there is more than one correct response, mark the response
which you consider the best. In any case, choose ONLY ONE response for each item.
5. You have to mark all your responses ONLY on the separate Answer Sheet provided.
See directions in the Answer Sheet.
6. All items carry equal marks.
7. Before you proceed to mark in the Answer Sheet the response to various items in the Test Booklet,
you have to fill in some particulars in the Answer Sheet as per instructions sent to you with your
Admission Certificate.
8. After you have completed filling in all your responses on the Answer Sheet and the examination
has concluded, you should hand over to the Invigilator only the Answer Sheet. You are permitted
to take away with you the Test Booklet.
9. Sheets for rough work are appended in the Test Booklet at the end.
10. Penalty for wrong answers:
THERE WILL BE PENALTY FOR WRONG ANSWERS MARKED BY A CANDIDATE.
(i) There are four alternatives for the answer to every question. For each question which has
a penalty for which a wrong answer has been given by the candidate, one-third of the
marks assigned to that question will be deducted as penalty.
(ii) If a candidate gives more than one answer, it will be treated as wrong answer even if one
of the given answers happens to be correct and there will be same penalty as above to that
question, if it has a penalty.
(iii) If a question is left bank i.e., no answer is given by the candidate, there will be no penalty
for that question.

DO NOT OPEN THIS TEST BOOKLET UNITL YOU ARE ASKED TO DO SO

Office Complex 6, 3rd Floor, Old Rajinder Nagar New Delhi 110060|
Ph: 08045248491, 7041021151, | Email: students@levelupias.com
Syllabus

Economy:
Banking sector-Insolvency and Bankruptcy Code, Bad Banks & Developmental Financial Institution,
Types of Banks, Fiscal Policy (Budgeting, Taxation, FRBM etc.), Constitutional provisions related to
Taxes, Disinvestment, Basics of External sector (Balance of Payment).

Polity:
Judicial System: Supreme Court, High Court and Subordinate Courts, And Issues & challenges (ADR,
Legal Aid, Pendency of cases ,Appointment of Judges/Vacancies, Access to Justice, Judicial
infrastructure ,ICT in justice etc.), Centre-State relations: Basics, Emergency Provisions, Comparing
Features of India's constitution with other countries, Important Judgements, Important Amendments,
Misc. Constitutional Bodies, Services under Union and State, Official Language, Electoral Reform and
RPA.

Current Affairs:
November Booklet-1, 2 and 3

Office Complex 6, 3rd Floor, Old Rajinder Nagar New Delhi 110060|
Ph: 08045248491, 7041021151, | Email: students@levelupias.com
Q1. With respect to Representation of People 1. The executive power of the Centre
Act (RPA) 1950, consider the following overrides the State’s executive
topics: power.
1. Qualification of voters 2. The State assembly is suspended till
2. Preparation of electoral rolls the emergency is in operation.
3. Delimitation of constituencies 3. The life of the Lok Sabha may be
4. Election offences extended beyond its normal term by
How many of the above mentioned a law of Parliament for one year at a
topics is/are included in RPA, 1950? time.
(a) Only one 4. All the fundamental rights are
(b) Only two suspended.
(c) Only three Select the correct answer using the code
(d) D. All four given below.
(a) 1, 2 and 4 only
(b) 1, 2 and 3 only
Q2. With reference to adjudication of Inter-
(c) 1 and 3 only
state water disputes consider the
(d) 2 and 3 only
following statements:
1. Parliament may by law provide for
Q5. In context of the Finance Commission
the adjudication of any dispute or
consider the following
complaint.
recommendations:
2. Parliament cannot restrict Supreme
1. Distribution of the net proceeds of
Court to exercise its jurisdiction with
taxes to be shared between Centre
respect to such disputes.
and the States.
Which of the above given statements
2. The principles which should govern
is/are correct?
the grants-in-aid to the states by the
(a) 1 only
Centre out of the Consolidated Fund
(b) 2 only
of India.
(c) Both 1 and 2
3. Measures needed to augment the
(d) Neither 1 nor 2
Contingency Fund of States to
supplement the resources of the
Q3. Consider the following statements with
Panchayats and Municipalities in the
respect to national emergency:
State.
1. Resolution for approval of
4. Any other matter referred to it by
continuation of emergency needs to
the President in the interests of
be passed by both the Houses of
sound finance.
Parliament, while resolution for
How many of the above
disapproval of continuation required
recommendations is/are correct?
to be passed by the Lok Sabha only.
(a) Only one
2. Resolution of approval of
(b) Only two
continuation requires simple
(c) Only three
majority, while resolution of
(d) All four
disapproval of continuation require
special majority.
Q6. Consider the following statements
Which of the statements given above
regarding Inter-State Council:
is/are not correct?
1. Parliament can establish inter-state
(a) 1 only
council to enhance coordination
(b) 2 only
between the center and states.
(c) Both 1 and 2
2. The council has concurrent powers
(d) Neither 1 nor 2
with Supreme Court to enquire and
Q4. Which of the following will be the
adjudicate upon inter-state disputes.
consequences of declaration of national
3. It is a permanent constitutional
emergency by the President?
body.

Office Complex 6, 3rd Floor, Old Rajinder Nagar New Delhi 110060|
Ph: 08045248491, 7041021151, | Email: students@levelupias.com
How many of the statements given 3. When Parliament has to implement
above is/are not correct? international treaties, agreements
(a) Only one and conventions.
(b) Only two Select the correct answer using the code
(c) All three given below.
(d) None (a) 1, 2 and 3
(b) 1 and 3 only
Q7. With reference to Centre-States relations, (c) 2 and 3 only
consider the following statements: (d) 1 and 2 only
1. The Constitution provides for inter-
government delegation of executive Q10.Consider the following
functions. statements in context of delegation of
2. The President with the consent of power between Centre and States:
the state government can entrust to 1. The Centre can delegate its
that government any of the legislative functions to the States.
executive functions of the Centre. 2. Parliament can make law on state
3. The Constitution provides for the subject, only if atleast two states
entrustment of the executive pass a resolution to that effect.
functions of the Centre to a state Which of the statements give above
without the consent of that state. is/are not correct?
How many of the statements given (a) 1 only
above is/are 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 Q11.Who acts as the chairperson of the Goods
Q8. Consider the following statements in and Services Tax Council?
context of Centre-States relations: (a) Prime Minister
1. The Constitution of India, being (b) Union Finance Minister
federal in structure divides all (c) RBI Governor
legislative, executive and judicial (d) President of India
powers between Centre and States.
2. The Centre-States relations are Q12. Which of the following
regulated in accordance with the Commissions/Resolution were
constitutional provisions and judicial constituted/adopted to examine the
interpretations. Centre-State relations in India?
Which of the statements given above 1. MM Punchhi commission
is/are not correct? 2. Dhar Commission
(a) 1 only 3. Anandpur Sahib Resolution
(b) 2 only 4. Rajamannar Committee
(c) Both 1 and 2 Select the correct answer using the code
(d) Neither 1 nor 2 given below.
(a) 1, 2 and 3 only
Q9. Which of the following are the conditions (b) 1, 3 and 4 only
under which Parliament can legislate on (c) 1, 2 ,3 and 4
state subjects? (d) 2, 3 and 4 only
1. When Rajya Sabha passes a
resolution with two-third majority of
the total members of the house.
2. When national emergency is in
operation.

Office Complex 6, 3rd Floor, Old Rajinder Nagar New Delhi 110060|
Ph: 08045248491, 7041021151, | Email: students@levelupias.com
Q13. Which of the following is/are the 4. District Planning Committee
provisions of 74th Amendment Act? 5. Metropolitan Planning Committee
1. Reservation of seats for SCs and STs 6. Autonomous District Council
in proportion of their population in How many of the above bodies
municipal area of which not less than was/were constituted in accordance
one-third shall be for women. with the 73rd and 74th Constitutional
2. Mandatory for states to hold Amendment Acts?
elections after every 5 years or (a) Only three
before expiration of a period of 6 (b) Only four
months from the date of dissolution (c) Only five
of the urban local bodies. (d) All six
3. Constitution of Nagar Panchayats for
smaller urban areas. Q16.What is the maximum number of
4. State Election Commission to have directors in a co-operative society?
the power of superintendence, (a) Five
direction and control of the (b) Twenty-one
preparation of electoral rolls and the (c) Fifteen
conduct of all elections to (d) Three
municipalities.
Select the correct answer using the code Q17. Consider the following statements with
given below. respect to Lok Adalat:
(a) 1, 2 and 3 only 1. The first Lok Adalat in post-
(b) 1 and 3 only independent India was organized in
(c) 1, 2, 3 and 4 Rajasthan.
(d) 1, 2 and 4 only 2. Lok Adalat has been given statutory
status under the Legal Services
Q14. Consider the following statements: Authorities Act, 1987.
1. Focus on technology upgradation Which of the statements given above
and capacity building for is/are correct?
implementation of programmes and (a) 1 only
initiatives. (b) 2 only
2. Offer a platform for the resolution of (c) Both 1 and 2
inter-sectoral and inter (d) Neither 1 nor 2
departmental issues.
3. Design strategic and long-term Q18. With reference to Lok Adalat, consider
policy and programme frameworks the following statements:
and initiatives. 1. It can adjudicate only in civil cases.
4. Reforming the laws for maximizing 2. It can take up cases either pending
justice in society and promoting before the court or at pre-litigative
good governance under the rule of stage.
law. 3. It can take up cases pending before
How many of the statements given any court of the country.
above is/are the objectives of Niti 4. The Award given by Lok Adalat is
Aayog? final and binding on all the parties.
(a) Only one How many of the statements given
(b) Only two above is/are not correct?
(c) Only three (a) Only one
(d) All four (b) Only two
(c) Only three
Q15.Consider the following bodies: (d) All four
1. State Finance Commission
2. State Election Commission
3. Ward Committee

Office Complex 6, 3rd Floor, Old Rajinder Nagar New Delhi 110060|
Ph: 08045248491, 7041021151, | Email: students@levelupias.com
Q19. In context of Fast Track Court (FTC), Select the correct answer using the code
consider the following statements: given below.
1. Setting up of FTCs and its functioning (a) 2, 3, 4 and 5 only
lies within the domain of State (b) 2 and 4 only
Governments in consultation with (c) 1, 2, 3, 4 and 5
the respective High Courts. (d) 1, 3 and 5 only
2. The financial assistance to set up
FTCs is provided by the Central Q23. With reference to Election Commission,
Government. consider the following statements:
3. It deals with both civil and criminal 1. The Constitution provides the
cases. commission with one chief election
How many of the above statements commissioner and not more than 2
is/are correct? election commissioners.
(a) Only one 2. Election Commission is mandated to
(b) Only two hold all the elections in the country.
(c) All three Which of the statements given above
(d) None is/are correct?
Q20. Nyayadhikari, who heads Gram (a) 1 only
Nyayalaya, is appointed by (b) 2 only
(a) The President (c) Both 1 and 2
(b) State Government in consultation (d) Neither 1 nor 2
with the High Court
(c) Central Government in consultation Q24. Consider the following statements in
with the Supreme Court context of powers of the Election
(d) Chief Justice of India Commission in India:
1. The Commission has the power to
Q21. Consider the following statements with registers and deregister a political
respect to Gram Nyayalaya: party.
1. Gram Nyayalaya has both civil and 2. The Commission has to advise the
criminal jurisdiction. President on the extension of
2. Gram Nyayalayas are not bound by President’s rule beyond six months.
the rules of evidence provided in the 3. It acts as a court for settling disputes
Indian Evidence Act, 1872. related to allotment of election
3. Gram Nyayalayas are established for symbols to political parties.
every Panchayat or a group of How many of the statements given
contiguous Panchayats at above is/are not correct?
intermediate level. (a) Only one
Which of the statements given above (b) Only two
is/are correct? (c) All three
(a) 1 only (d) None
(b) 1 and 2 only
(c) 2 and 3 only Q25. Which of the following are the criteria for
(d) 1, 2 and 3 recognizing a political party as national
party?
Q22. Which of the following initiatives are 1. A political party must be recognized
related to improving justice delivery as a state party in four or more
system in India? states.
1. DISHA 2. A political party wins atleast 8 per
2. Tele-Law cent of the valid votes polled.
3. Pro Bono Legal Services 3. A political party has to win at least 2
4. Legal Literacy and Legal Awareness per cent of the total seats in the Lok
Programme Sabha from not less than three
5. NALSA states.

Office Complex 6, 3rd Floor, Old Rajinder Nagar New Delhi 110060|
Ph: 08045248491, 7041021151, | Email: students@levelupias.com
Select the correct answer using the code (d) None
given below.
(a) 1 and 2 only Q29.Consider the following statements:
(b) 2 and 3 only 1. Indian Parliament can enact
(c) 1 and 3 only legislation having an impact beyond
(d) 1, 2 and 3 the territory of the country, in the
interest of Indian citizens.
Q26. Consider the following statements: 2. Parliament can legislate on a state
1. A person under preventive detention subject when two-third of the total
is entitled to vote in election. strength of Rajya Sabha passes a
2. Undertrials are not entitled to vote resolution to that effect.
in elections. Which of the statements given above
3. A person serving a sentence of is/are correct?
imprisonment after his conviction is (a) 1 only
not entitled to vote. (b) 2 only
Which of the statements given above (c) Both 1 and 2
is/are correct? (d) Neither 1 nor 2
(a) 2 and 3 only
(b) 1 only Q30.Consider the following statements with
(c) 1 and 3 only respect to Civil Servant of the Union:
(d) 1, 2 and 3 1. Civil servant of the union holds office
Q27.Which of the following category of during the pleasure of the President.
voter(s) can exercise their franchise 2. Before removal, dismissal or
through postal ballots? reduction in rank of a civil servant,
1. Special voters s/he has the right to be heard both
2. Service voters at the time of enquiry and at the
3. Voters on election duty time of implementation of
4. Electors subjected to preventive punishment.
custody Which of the statements given above
Select the correct answer using the code is/are not correct?
given below. (a) 1 only
(a) 1 and 4 only (b) 2 only
(b) 1, 2 and 3 only (c) Both 1 and 2
(c) 2 and 3 only (d) Neither 1 nor 2
(d) 1, 2, 3 and 4
Q31.In which of the following situations the
Q28.Consider the following statements with Supreme Court exercises its exclusive
reference to the University Grants original jurisdiction?
Commission? 1. Dispute between the Government of
1. It is a statutory body formed to India and one or more State
promote and coordinate university 2. Dispute between the Government of
education in the country. India and any State or States on one
2. It is the only grant-giving agency in side and one or more States on the
the country which provide funds to other
institutions of higher education. 3. Dispute between two or more States
3. It determines and maintain 4. Enforcement of Fundamental rights
standards of teaching, examination Select the correct answer using the code
and research in universities. given below.
How many of the statements given (a) 1, 2 and 3 only
above is/are not correct? (b) 2, 3 and 4 only
(a) Only one (c) 1, 3 and 4 only
(b) Only two (d) 1, 2, 3 and 4
(c) All three

Office Complex 6, 3rd Floor, Old Rajinder Nagar New Delhi 110060|
Ph: 08045248491, 7041021151, | Email: students@levelupias.com
Q32. Consider the following personnels: Q36. Which of the following is the actual
1. Secretarial staff of the Parliament definition of Transfer payments?
2. Secretarial staff of the State (a) Transfer payments refer to the payments
Legislature made as compensation to the employees
3. Staff of the Supreme Court and the within an organisation
High Court (b) Transfer payments refer to the payments
4. Paramilitary Forces made to workers on transferring from one
5. Central Police Organisations job to another
How many of the above categories of
(c) Transfer payments refer to the payments
personnel cannot move to administrative
made without any exchange of goods and
tribunals set up under Article 323A and 323B
provided by 42nd Amendment Act, 1976? services
(a) Only two (d) None of the above
(b) Only three
(c) Only four Q37. If the GDP of a country is increasing
(d) All five constantly, what does it indicate?
1. It shows necessarily increase in overall
Q33. Q33. Consider the following pairs: standard of living or well-being of a country.
Case Subject Matter 2. It could mean growth in the consumption
1. Lily : Section 8(4) of the rate of the country.
Thomas Representation 3. It necessarily means the continuous
case of the People increase in exports of the country.
Act of 1951 as Select the correct answer using the code given
unconstitutional below.
2. I.R. Coelho : Ninth schedule items (a) 1 and 2 only
case are subject to (b) 3 only
judicial review (c) 2 only
3. D.C. : Mechanical (d) 2 and 3 only
Wadhwa repromulgation
case of ordinances as Q38. It is said that Net Domestic Product
unconstitutional (NDP) is a more realistic assessment of an
Which of the pairs given above is/are not economy’s resources than Gross Domestic
correct? Product (GDP). This is because:
(a) None 1. NDP takes into account taxes and subsidies
(b) 2 only paid which GDP does not.
(c) 3 only 2. NDP accounts for economic depreciation
(d) 1 only which GDP does not.
Which of the above is/are correct?
Q34. Which of the following schedules is a) 1 only
amended by simple majority? b) 2 only
(a) Eleventh Schedule c) Both 1 and 2
(b) Seventh Schedule d) None
(c) Fifth Schedule
(d) Tenth Schedule Q39. With reference to incremental capital
output ratio (ICOR), consider the following
Q35. Who is the chairman of the Inter-State statements.
Council? 1. ICOR is the marginal amount of investment
(a) President capital necessary for an entity to generate the
(b) Prime Minister next unit of production.
(c) Home Minister 2. A higher ICOR value indicates a highly
(d) Vice-President efficient economy.
Select the correct answer using the code
below.

Office Complex 6, 3rd Floor, Old Rajinder Nagar New Delhi 110060|
Ph: 08045248491, 7041021151, | Email: students@levelupias.com
(a) 1 only Q43 . Consider the following statements:
(b) 2 only 1. Personal income is the income actually
(c) Both 1 and 2 received by the individual households from all
(d) Neither 1 nor 2 sources in the form of current transfer
payment and factor incomes.
2. Personal disposable income is the amount
Q40. Gross Domestic Product (GDP) is often available to the households and the non-
calculated based on the “value added corporate businesses after the deduction of all
method”. What do you understand by the tax obligations to the government.
term “Value added”? 3. National Disposable Income (NDI) is the
(a) Difference in the costs of input and output maximum, the country can afford to spend on
(b) Difference in market price and subsidized consumption of goods or services during an
price accounting year.
(c) Difference in export price and import Which of the statements given above is/are
parity price correct?
(d) Difference between earnings and taxes on (a) 1 only
the product (b) 2 and 3 only
(c) 2 only
(d) 1, 2 and 3
Q41. Consider the following statements:
1. 'Factor Cost' is the 'input cost' the producer
has to incur in the process of producing Q44. Consider the following statements:
something. 1. The GVA is usually higher than GDP.
2. 'Market Price' is derived after deducting the 2. Increase in Net Indirect Taxes reduces the
indirect taxes to the factor cost of the divergence between GDP and GVA.
product. Which of the statements given above is/are
Which of the statements above given 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
Q45. Which of the following components
is/are the parts of the Gross Fixed Capital
Q42. The concept of ‘invisible hand’ in relation Formation (GFCF)?
to an economy entails 1. Creation of new assets, such as roads and
(a) An unobservable market force that helps railways
the demand and supply of goods to reach 2. Increment in livestock and plantation
equilibrium automatically. 3. Investment in R&D
(b) Unregistered firms in a market which 4. Changes in the stock inventories
destabilise the market equilibrium by their Select the correct answer using the code given
below:
distortive price policies.
(a) 1 only
(c) Invisible role of Government in controlling
(b) 1 and 2 only
the production of goods to maintain the (c) 1, 2 and 3 only
market equilibrium. (d) 1, 2, 3 and 4
(d) Distortions in the demand-supply curve in a
market due to hoarding and black-
marketing of goods.

Office Complex 6, 3rd Floor, Old Rajinder Nagar New Delhi 110060|
Ph: 08045248491, 7041021151, | Email: students@levelupias.com
Q46. Which among the following best (d) 2 and 3 only
describes the concept of "Inflation Tax"?
(a) Increase in tax burden due to higher rate Q50. Which among the following factors can
of Inflation possibly lead to increase in the rate of
(b) Increase in inflation due to decrease in tax Inflation in the long run?
rates 1. Expansionary Monetary Policy
(c) Increase in the tax revenue of Government 2. Rupee Devaluation
due to higher rate of Inflation 3. Shortage of Forex Reserves
(d) Decrease in purchasing power of currency Select the correct answer using the code given
below:
(a) 1 only
Q47. The "Base Effect" in the measurement of (b) 1 and 2 only
rate of Inflation in an economy refers to (c) 2 and 3 only
(a) Change in the basket of commodities for (d) 1, 2 and 3
the measurement of Inflation
(b) Rate of inflation in present year depends
Q51. With reference to Consumer Price Index
upon rate of inflation in previous year
(CPI) and Consumer Food Price Index (CFPI),
(c) Change in the Base year for the
consider the following statements:
measurement of Inflation 1. Both these Indices are calculated by
(d) Change in the rate of Inflation due to National Statistical Office (NSO) by using the
increase in monetary base. base year of 2012.
2. While CPI takes into account 6 different
categories, the CFPI takes into account only
Q48. Which of the following form part of the category of "Food and Beverages".
India's forex reserves? Which of the statements given above is/are
1. Foreign currency reserve held by RBI correct?
2. Financial derivatives having underlying (a) 1 only
foreign currency assets (b) 2 only
3. Gold Reserves of RBI (c) Both 1 and 2
4. Reserve Tranche at IMF
(d) Neither 1 nor 2
Choose the correct answer using the code
given below.
(a) 1 and 2 only Q52. Which among the following economic
(b) 3 and 4 only conditions is/are denoted by ‘Stagflation’?
(c) 1, 3 and 4 only 1. Decline in GDP Growth rates
(d) 1, 2, 3 and 4 2. Increase in the rate of inflation
3. Decrease in Unemployment
Select the correct answer using the code given
Q49. Consider the following statements below:
regarding the GDP deflator: (a) 1 and 2 only
1. The GDP Deflator is measured as (Real GDP/ (b) 1 and 3 only
nominal GDP) × 100. (c) 2 and 3 only
2. Unlike CPI, the GDP Deflator shows the rate
(d) 1, 2 and 3
of inflation in all the Goods and services
produced within the Economy.
3. The GDP deflator does not take into Q53. Consider the following statements:
account exports and imports. 1. Deflation refers to general decline in the
Which of the statements given above is/are rate of Inflation accompanied by marginal
correct? increase in prices of Goods and services.
(a) 1 only 2 Disinflation refers to general decline in the
(b) 2 only prices of Goods and Services.
(c) 1 and 2 only

Office Complex 6, 3rd Floor, Old Rajinder Nagar New Delhi 110060|
Ph: 08045248491, 7041021151, | Email: students@levelupias.com
Which among the statements given above 3. Currency in circulation
is/are correct? Select the correct answer using the code given
(a) 1 only below:
(b) 2 only (a) 1 and 2 only
(c) Both 1 and 2 (b) 2 only
(d) Neither 1 nor 2 (c) 1 and 3 only
(d) 1, 2 and 3

Q54. Consider the following pairs: Q58. Which among the following can be
Curve Relates to considered as legal tender in India?
1. Lorenz Curve : Income Inequality in 1. Cheques
a country 2. Bank notes
2. Philips Curve : Tax rates and Tax 3. Coins
Collection Select the correct answer using the code given
3. Laffer Curve : Inflation and below:
Unemployment (a) 1 only
Which of the pairs given above is/are correctly (b) 2 and 3 only
not matched? (c) 3 only
(a) 1 only (d) 1, 2 and 3
(b) 1 and 2 only
(c) 2 and 3 only Q59. Which among the following best
(d) 1, 2 and 3 describes the concept of ‘Seigniorage’?
(a) Expenditure incurred by the Central Bank
on printing currency notes.
Q55. Consider the following statements: (b) Liabilities of the Central Bank on printing
1. Higher inflation leads to increase in real Currency Notes
rate of interest in the economy. (c) Profits earned by the Central bank on
2. Higher inflation benefits the bond holders. printing currency notes
Which among the statements given above (d) Loss incurred by the Central bank on
is/are correct? printing currency notes of lower denomination
(a) 1 only
(b) 2 only
(c) Both 1 and 2 Q60. If the RBI decides to adopt Calibrated
(d) Neither 1 nor 2 Tightening Policy stance, which among the
following steps would it not take?
1. Keep repo rate constant
Q56. Which of the following investments can
2. Reduce Reverse Repo
be considered foreign portfolio investment?
3. Increase MSF
1. An investment of more than 10% of the
Select the correct answer using the code given
post issue paid-up equity capital on a fully
below.
diluted basis of a listed Indian company.
(a) 1 only
2. Investment in an unlisted company.
(b) 2 only
Choose the correct answer using the code
(c) 3 only
given below.
(d) 1 and 2 only
(a) 1 only
(b) 2 only
(c) Both 1 and 2 Q61. Consider the following statements
related to Statutory Liquidity Ratio (SLR) and
(d) Neither 1 nor 2
Cash Reserve Ratio (CRR):
1. The SLR must be maintained with the RBI
Q57. Which among the following is/are while the CRR must be maintained with the
considered as Assets of the RBI? banks itself.
1. CRR Deposits with the RBI 2. Both SLR and CRR must be maintained in
2. Ways and Means Advances (WMAs) the form of Cash, Gold or G-Secs.

Office Complex 6, 3rd Floor, Old Rajinder Nagar New Delhi 110060|
Ph: 08045248491, 7041021151, | Email: students@levelupias.com
3. Unlike SLR, there is no scope for the Banks Which among the statements given above
to earn profits on CRR deposits. is/are correct?
4. The SLR is usually higher than CRR. (a) 1 only
Which of the statements given above is/are (b) 2 only
not correct? (c) Both 1 and 2
(a) 1 and 2 only (d) Neither 1 nor 2
(b) 1, 2 and 3 only
(c) 3 and 4 only Q65. Which among the following is likely to
(d) 1, 3 and 4 only reduce Money Multiplier?
1. Decrease in Broad Money
Q62. With reference to Marginal Standing 2. Higher Currency Deposit Ratio
Facility (MSF), consider the following 3. Increase in Reverse Repo Deposits with RBI.
statements: Select the correct answer using the code given
1. It is a tool used by the banks to borrow below:
from the RBI on an overnight basis. (a) 1 only
2. The Banks can use G-Secs which are part of (b) 1 and 2 only
Statutory Liquidity Ratio (SLR) to borrow (c) 2 and 3 only
money from RBI. (d) 1, 2 and 3
3. Presently, there is no limit on the Banks'
borrowings under MSF. Q66. Which of the following measures can be
Which of the statements given above is/are adopted to promote the Fiscal Consolidation?
correct? 1. Increasing subsidies
(a) 1 only 2. Increasing the tax base
(b) 1 and 2 only 3. Supporting export-oriented industries
(c) 1 and 3 only Select the correct answer using the codes
(d) 1, 2 and 3 given below.
(a) 2 and 3 only
Q63. Which among the following can be (b) 1 and 3 only
considered as Direct Monetisation of (c) 2 only
Government’s deficit? (d) 1, 2 and 3
1. Government borrowing money from the RBI
through the issuance of G-Secs. Q67. Which of the following measures is/are
2. Government borrowing money from the examples of expansionary fiscal policy?
market. 1. Increasing the subsidies
3. RBI carrying out the Open Market 2. Tax rebate to companies
Operations (OMOs) to inject money into 3. Providing loans at higher interest rates
economy. Select the correct answer using the codes
Select the correct answer using the code given given below
below. (a) 2 only
(a) 1 only (b) 1 and 2 only
(b) 1 and 2 only (c) 1 and 3 only
(c) 2 and 3 only (d) 1, 2 and 3
(d) 1 and 3 only
Q68. Which of the following can occur in
Q64. With reference to Monetary Policy economy of India due to deficit financing by
Committee (MPC), consider the following the government?
statements: 1. Rise in employment rates
1. The decisions of the MPC are not binding on 2. Inflation
the RBI. 3. Increase in money supply
2. If the Inflation target is not met for 3 4. Increased private investments
consecutive quarters, the RBI is required to Select the correct answer using the code given
submit report to the Government. below.

Office Complex 6, 3rd Floor, Old Rajinder Nagar New Delhi 110060|
Ph: 08045248491, 7041021151, | Email: students@levelupias.com
(a) 1 and 2 only (c) 2 only
(b) 1, 3 and 4 only (d) 1, 2 and 3
(c) 2 and 4 only
(d) 1, 2, 3 and 4 Q73. Which of the following are the primary
objectives of fiscal policy in India?
Q69. Consider the following policy measures 1. Maintain economy’s growth rate
by the government: 2. Ensure liquidity in the market
1. Increasing foreign aid to underdeveloped 3. Maintain price stability
nations 4. Ensure proper functioning of financial
2. Increasing import duties intermediaries
3. Providing export subsidies 5. Achievement of full employment
Which of the policy measures given above Select the correct answer using the code given
may be used to reduce the Current Account below.
Deficit (CAD)? (a) 1 and 5 only
(a) 1 and 3 only (b) 1, 3 and 5 only
(b) 2 and 3 only (c) 2, 3 and 4 only
(c) 1 and 3 only (d) 1, 2, 3, 4 and 5
(d) 1, 2 and 3

Q70. A progressive and a regressive taxation Q74. Occurrence of which of the following
system is differentiated on the basis of events may leads to Fiscal drag in the
a) Potential for revenue collection economy?
b) Equity in taxation 1. When higher tax rate increases the
c) Impact of taxation on industrial growth government’s tax revenue.
d) Sustainability and robustness of taxation 2. Individuals moved into higher tax bracket
system due to inflation.
3. Income growth pushes an individual to
higher tax bracket.
Q71. “Crowding out effect” of government 4. Consumer spending increases due to high
borrowing in domestic markets is likely to inflation.
reduce if: Select the correct answer using the code given
1. Government reduces domestic borrowing below:
and increases borrowing from abroad. (a) 1, 2 and 3 only
2. Domestic savings base is substantially
(b) 2, 3 and 4 only
increased.
(c) 2 and 3 only
Which of the above conditions is/are correct?
(a) 1 only (d) 1 and 4 only
(b) 2 only Q75. Fiscal deficit will always cause inflation
(c) Both 1 and 2 when
(d) Neither 1 nor 2 1. It increases aggregate demand without
addressing the supply side bottlenecks.
2. It promotes consumption spending by way
Q72. Which among the following measures of huge subsidies.
is/are not likely to be taken by the Which of the above is/are correct?
government as part of Counter Cyclical Fiscal (a) 1 only
Policy during inflation? (b) 2 only
1. Decrease in tax rates
(c) Both 1 and 2
2. Cut down government expenditure
(d) Neither 1 nor 2
3. Provide higher tax exemptions.
Select the correct answer using the code given Q76. Consider the following pairs:
below. River Flows into
(a) 1 only 1. Mekong : Andaman Sea
(b) 1 and 3 only 2. Volga : Black Sea

Office Complex 6, 3rd Floor, Old Rajinder Nagar New Delhi 110060|
Ph: 08045248491, 7041021151, | Email: students@levelupias.com
3. Amazon : Atlantic Ocean (a) 1, 2 and 3
4. Zambezi : Indian Ocean (b) 1 and 2 only
Which of the pairs given above are correctly (c) 2 and 3 only
matched?
(d) 1 and 3 only
(a) 1 and 2 only
(b) 1 and 4 only
Q81. Consider the following fauna:
(c) 3 and 4 only
1. Sambar Deer
(d) 1, 2 and 4 only
2. Moths
Q77. Which of the following countries form
3. Malabar Civet
part of Amazon River basin?
(a) Argentina, Peru, Chile, Columbia, Guyana How many of the above are generally nocturnal
or most active after sunset?
(b) Brazil, Peru, Ecuador, Columbia, Guyana
(a) Only one
(c) Brazil, Bolivia, Peru, Chile, Columbia
(b) Only two
(d) Brazil, Bolivia, Canada, Guyana, Argentina
(c) All three
(d) None
Q78. The Amazon Rainforest, referred to as
the “lungs of the earth," is currently facing an
unprecedented and severe drought. What are Q82. Which of the following are classified as
the impacts of the drought caused in Amazon ‘insects?’
rainforest? 1. Dragonflies
1. Drastic reduction in water levels of 2. Moths
tributaries of Amazon River 3. Butterflies
2. Increasing Wildfires How many of the given above is/are correct?
3. Loss of Biodiversity (a) Only one
4. Increasing human-animal conflict (b) Only two
Which of the statements given above are (c) All three
correct? (d) None
(a) 3 and 4 only
(b) 1 and 2 only Q83. Scientists have discovered a previously
(c) 1, 3 and 4 only unknown species of mushroom named as
(d) 1, 2, 3 and 4 Candolleomyces Albosquamosus. Thriving in
its natural forest habitat, this delicate
Q79. “Champion of the Earth Award” is given mushroom displays an enchanting honey-
by: yellow cap adorned with unique white woolly
(a) International Union for Conservation of scale-like structures. It predominantly grows
Nature on dead logs and bamboo culms. In which part
(b) United Nations Environment Program of India has it been discovered?
(c) Ministry of Environment, Forest and (a) Andaman and Nicobar Islands
Climate change (b) Western Himalayas
(d) Food and Agriculture Organization (c) Western Ghats
(d) Eastern Himalayas
Q80. What is the purpose of introducing
Incremental Cash Reserve Ratio by RBI?
Q84. With reference to Pulse production in
1. To absorb the excess liquidity
India, consider the following statements:
2. To maintain stability of banking 1. India is the largest producer and
system
largest consumer in the world.
3. To curtail Inflation
Which of the statements given above are 2. India is the largest importer of pulses
correct? in the world.

Office Complex 6, 3rd Floor, Old Rajinder Nagar New Delhi 110060|
Ph: 08045248491, 7041021151, | Email: students@levelupias.com
Which of the statements given above is/are Organizations (SDSOs) and resolves
correct? disputes involving an SDSO.
(a) 1 only
(b) 2 only Which of the statements given above is/are
correct?
(c) Both 1 and 2
(a) 1, 2 and 3
(d) Neither 1 nor 2
(b) 1 only
(c) 2 and 3 only
Q85. What are the reasons for domestic
(d) 1 and 2 only
shortage and reduction in per capita
availability of pulses in India?
1. Slow increase in area under pulse Q88. Consider the following pairs:
Peninsula Associated Country
cultivation 1. Kamchatka : Russia
2. Low productivity 2. Anatolia : Spain
3. Open ended procurement of pulses 3. Iberian : Turkiye
under MSP Which of the above given pair/s is/are
correct?
4. Less R&D on pulses (a) 1 only
Which of the statements given above are (b) 2 only
correct? (c) 3 only
(a) 1 and 3 only (d) 2 and 3 only
(b) 1, 2 and 4 only
(c) 2, 3 and 4 only Q89. Consider the following statements
(d) 1, 2, 3 and 4 regarding Congo River:
1. It crosses Tropic of cancer twice
Q86. The terms “Hutu, Tutsi and Twa” was during its course.
recently seen in news, is related to 2. It is the longest river of Africa.
(a) Pre-historic cave paintings in Indonesia 3. It drains into Indian Ocean.
(b) Water irrigation techniques in ancient India Which of the statements given above are
(c) Ethnic groups in Rwanda correct?
(d) Regions of conflict in Israel (a) 1 and 2 only
(b) 2 and 3 only
Q87. Consider the following statements (c) 1, 2 and 3
regarding Dam Safety Act, 2021: (d) None of the above
1. The Act provides for the surveillance,
inspection, operation and Q90. Consider the following statements
maintenance of all specified dams regarding ‘Chondrocyte’:
1. These cells are found in healthy
across the country. cartilage which connects tissues with
2. The National Committee on Dam bones.
Safety (NCDS) improvises policies and 2. They produce and maintain
recommends regulations regarding cartilaginous matrix.
3. They produce haemoglobin to form
dam safety standards.
eosin-positive bodies in their
3. The National Dam Safety Authority cytoplasm.
(NDSA) implements policies of the Which of the above given statements is/are
NCDS and provides technical correct?
(a) 3 only
assistance to State Dam Safety (b) 1 and 2 only

Office Complex 6, 3rd Floor, Old Rajinder Nagar New Delhi 110060|
Ph: 08045248491, 7041021151, | Email: students@levelupias.com
(c) 2 only retaining moisture is ideally suited for the
(d) 1 , 2 and 3 cultivation of the crop.
Which one of the following crops is
Q91. CAR-T cell therapy is a type of mentioned in the above paragraph?
immunotherapy showing promising results in (a) Jute
treating cancer. What are its advantages over (b) Sugarcane
other cancer fighting methods? (c) Tea
1. Precision targeting of cancer cells (d) Cotton
2. Potential for long lasting effects
3. Minimal damage to surrounding Q95. With reference to type of cotton,
tissues consider the following statements:
4. Potential for one time treatment 1. About 50% of the cotton produced in
Select the correct answer using the code given the country is long staple type.
below. 2. Extra Long Staple cotton is not yet
(a) 1, 2 and 3 produced in India.
(b) 1, 3 and 4 3. Short Staple cotton is used in making
inferior quality clothes and fetches
(c) 2, 3 and 4
fewer prices.
(d) 1, 2 , 3 and 4 Which of the statements given above is/are
Q92. Consider the following statements not correct?
regarding Pink Bollworm: (a) 1 and 2 only
1. It is one of the most destructive pests (b) 3 only
of cotton. (c) 2 only
2. It is an invasive species posing harm (d) 1 and 3 only
to native cotton crop of India.
3. Cry1Ac toxin was encoded in Bt Q96. Consider the following statements
regarding the Mahatma Gandhi National Rural
Cotton to protect it from this pest.
Employment Guarantee Act (MGNREGA):
Which of the above given statements is/are
correct?
1. It provides a legal guarantee for 100
(a) 3 only
days of employment in every financial
(b) 1 and 2 only
year to adult members of any rural
(c) 2 only
household willing to do public work.
(d) 1 and 3 only
2. It is an initiative by Ministry of Rural
Development.
Q93. The term ‘PB Knot or PB Rope L’, was in
3. Employment is to be provided within
news recently, it refers to
(a) New gene editing tool 15 kms of an applicant’s residence.
(b) Nearest Exoplanet discovered by NASA 4. Social audit of the work is done by
(c) Technology to manage pink bollworm Gram Sabha.
(d) Nuclear-powered ballistic missile How many of the statements given above
is/are correct?
submarine
(a) Only one
(b) Only two
Q94. The crop is subtropical in nature. It
(c) Only three
requires uniformly high temperature between
(d) All four
21 to 30 degrees. It requires at least 210 frost
free days and 50 to 100 cm of rainfall for its
Q97. Project Unnati is related to:
growth. Good sunshine is must at the time of
(a) Skilling project to upgrade skills of
flowering. A light well-drained soil capable of
MGNREGA workers

Office Complex 6, 3rd Floor, Old Rajinder Nagar New Delhi 110060|
Ph: 08045248491, 7041021151, | Email: students@levelupias.com
(b) Address bad loans problem in India’s
Banking sector
(c) Make Assam Secretariat Paperless
(d) Up skilling exercise to boost efficiency of
Employees of Indian Railways

Q98. Which of the following is not a


fundamental right?
(a) Right to marry
(b) Right to Information
(c) Right to Education
(d) Right to privacy

Q99. Consider the following statements


regarding Lake Tanganyika:
1. It forms the boundary between
Burundi and Zambia.
2. It is not the part of African great lakes.
3. The lake drains into Congo River.
How many of the statements given above
is/are correct?
(a) Only one
(b) Only two
(c) All three
(d) None

Q100. With reference to culture of India, the


term “Reang, Birhor, Kolgha, Kathodi”
pertains to:
(a) Types of Millets
(b) Particularly Vulnerable Tribal Groups
(c) Musical instruments
(d) Festivals of central India

Office Complex 6, 3rd Floor, Old Rajinder Nagar New Delhi 110060|
Ph: 08045248491, 7041021151, | Email: students@levelupias.com
Office Complex 6, 3rd Floor, Old Rajinder Nagar New Delhi 110060|
Ph: 08045248491, 7041021151, | Email: students@levelupias.com

You might also like