FULL LENGTH TEST 1

GENERAL STUDIES

Time Allotted: 2 Hours

PAPER – I Maximum Marks: 200

INSTRUCTIONS
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10. Penalty for wrong answers:
THERE WILL BE PENALTY FOR WRONG ANSWERS MARKED BY A CANDIDATE IN
THE OBJECTIVE TYPE QUESTION PAPER.
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 a 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 blank, i.e., no answer is given by the candidate, there will be
no penalty for that question.
1) Which among the following is/are likely 4) Consider the following statements
to contribute to India's ambitious goal regarding debt-to-GDP ratio:
of becoming a $5 trillion economy in the
near future? 1. The ratio can be used to gauge a
country’s ability to repay its debt.
1. Ensuring the presence of a low and 2. India’s debt-to-GDP ratio is less
predictable inflation in the Indian than that of USA.
economy.
Which of the statements given above
2. Focussing on sustained growth in
is/are correct?
Real GDP over Nominal GDP.
(a) 1 only
3. Strengthening initiatives such as
(b) 2 only
Production-Linked Incentives in
(c) Both 1 and 2
India's renewable energy sector.
(d) Neither 1 nor 2
Select the correct answer from the
codes given below:
5) Which among the following best
(a) 1 only represents the aim of the Agriculture
(b) 2 and 3 only Accelerator Fund?
(c) 3 only
(d) 1, 2 and 3 (a) Faster implementation of
agricultural infrastructure
2) Which among the following is less likely development in India.
to be undertaken by the Government of (b) Faster implementation of
India to achieve the commitment made Accelerated Irrigation Benefits
to meet ‘Net Zero’ emissions by 2070? Programme.
(c) To expediate modernisation of
(a) Setting up of coal gasification and
farming equipment.
liquefaction facilities.
(d) To encourage agri-startups in rural
(b) Mandatory blending of CNG, PNG
areas of India.
and compressed biogas.
(c) A complete transition from 6) The term 'stabilised arrangement',
hydrocarbon-based energy sources which has recently been in the news
to achieve a zero-emission regarding the Indian economy, refers
economy. to:
(d) Enhanced production of Green
(a) exchange rate management by the
Hydrogen.
central bank.
(b) a new tax policy implemented by
3) With reference to Cervical Cancer,
the government.
consider the following statements:
(c) a strategy for reducing government
1. Cervical cancer is caused by debt.
persistent infection with the (d) bilateral mechanisms to bypass US
Human Papillomavirus (HPV). dollar in international trade.
2. Getting vaccinated at age 9–14
years is a very effective way to
7) With reference to the share of
prevent cervical cancer.
government expenditure in the Interim
Which of the statements given above Budget 2024-25, consider the following
is/are correct? statements:
(a) 1 only 1. There has been a significant
(b) 2 only increase in funds allocated to food
(c) Both 1 and 2 and fertilizer subsidies, compared
(d) Neither 1 nor 2 to the previous fiscal.
 2. Budget estimates for fertilizer
subsidies have been greater than
those for food subsidies.
3. The funds earmarked for interest
payments alone exceeds
combined funds allocated to
defence and subsidies.
How many of the statements given
above are correct?
(a) Only one
(b) Only two
(c) All three
(d) None
8) With reference to Foreign Direct
Investment (FDI) in India, consider the
following statements:
1. Among the Indian States,
Karnataka has been receiving the
highest share of FDI in recent
times.
2. United States emerged as the
leading source of FDI in India
during the fiscal year 2023.
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
9) Globally, India is the 3rd largest
economy in the world in terms of:
(a) GDP at constant prices.
(b) GDP at market prices.
(c) GDP at Purchasing Power Parity
(PPP).
(d) GDP at factor cost.
10) With reference to recent trends
regarding the revenue sources for the
Government of India, consider the
following statements:
1. Direct and indirect tax receipts
collectively contribute to over 50%
of the total income received by the
Government of India.
2. Due to government policies like
strategic disinvestment, the
proportion of non-debt capital
receipts has surpassed that of
the borrowings and other liabilities in
recent times.
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
11) With reference to the Modified
Programme for the Development of
Semiconductors and Display
Manufacturing Ecosystem, consider
the following statements:
1. It offers fiscal support of 50% of the
project cost for all technology nodes
under the scheme for setting up
Semiconductor Fabs in India.
2. The programme aims to establish
Greenfield Semiconductor Fabs and
Display Fabs in the country.
3. The India Semiconductor Mission
was set up for developing a
sustainable semiconductors and
display ecosystem.
How many of the statements given
above are correct?
(a) Only one
(b) Only two
(c) All three
(d) None
12) Which among the following best
describes the term ‘Bio-foundry’
recently mentioned in the Union
Budget 2024-2025?
(a) Traditional foundries shifting
towards the utilization of biofuels
toreduce emissions.
(b) A specialized facility where
scientists use advanced technology
to manipulate biological systems to
engineer biological products.
 (c) Industries that use fermentation 15) The recent Interim Budget 2024-25
technique to extract biofuels from mentions ‘Atmanirbhar Oilseeds
food crops. Abhiyaan’. Consider the following
(d) Research facilities where statements regarding oilseeds in India:
pharmaceutical companies 1. Of all the oilseeds in India, some are
innovate new medications to classified as non-edible.
combat plant diseases. 2. Water-intensive nature, bio-
diversity loss and requirement of
large tracts of land can be
13) Arrange the following reforms accounted for the limited
introduced in the Indian economy in
cultivation of oil palm in India.
the correct chronological order of
their occurrence: 3. Rainfed agriculture caters to the
majority of oilseed cultivation in
1. Merging of Railway Budget with the India.
Union Budget.
2. Enactment of the Fiscal How many of the statements given
Responsibility and Budget above are correct?
Management (FRBM) Act. (a) Only one
3. Enactment of the Securitization (b) Only two
and Reconstruction of Financial (c) All three
Assets and Enforcement of Security (d) None
Interest (SARFAESI) Act.
4. Calculation of GDP at factor cost 16) An increase in how many of the
replaced by GVA at basic prices as following can cause an increase in
primary measure of economic revenue to the Government of India?
output.
1. Tax-to-GDP ratio
2. Tax compliance
Select the correct answer from the
3. Tax expenditure
codes given below:
4. Tax base
(a) 2-3-4-1
(b) 3-2-4-1 Select the correct answer from the
(c) 2-3-1-4 codes given below:
(d) 1-3-2-4 (a) Only one
(b) Only two
(c) Only three
14) Which one of the following is not (d) All four
considered an instrument through
which fiscal federalism is practiced in
India? 17) Through Union Budget 2024-25, the
government furthers the aim of
(a) Central Finance Commission promoting private sector investment in
(b) Goods and Services Tax (GST) Indian agriculture. In this light,
Council consider the following options:
(c) Monetary Policy 1. Integrated Cold Chain Infrastructure
(d) Certain provisions under the 7th 2. Biofortification
Schedule to the Indian Constitution 3. Guaranteeing Access to Markets
 Which among the above can be 20) Which among the following best
undertaken by the private sector in the explains the aim of Coal liquefaction?
post-harvest stage of agriculture?
(a) To be utilized as a substitute for
(a) 2 only
reducing the quantity of CO2
(b) 1 and 2 only
emitted from burning crude oil
(c) 1 and 3 only
products.
(d) 1, 2 and 3
(b) To convert coal into liquid
hydrocarbon, to enhance energy
18) Which among the following can be independence.
aggregated in ‘Effective Capital (c) To extract bulk coal from the
Expenditure’ mentioned in Budget ground more efficiently.
2024-25? (d) To transport coal from mines to
powerplants without dust, along
1. Funds dispersed for the acquisition
with improving packing efficiency
of land for National Highways.
in wagons.
2. Upgrading machinery in a public
research facility. 21) The term ‘Acceptance of Necessity’ was
3. Grants issued to a State recently seen in the news in the context
government for a high-speed of a?
railway project.
(a) legal doctrine.
4. Repayment of loan to a foreign
(b) psychological concept.
institution.
(c) defence acquisition process.
(d) mathematical theorem.
Select the correct answer from the
codes given below: 22) Consider the following pairs:
(a) 1 and 2 only Island mentioned Reason for being
(b) 2, 3 and 4 only in news in news
(c) 1 and 4 only 1. Kardak : Instability in
(d) 1, 2, 3 and 4 Maldives
2. Andrott : Dispute between
Greece and Turkey
19) With reference to funds allocated to
various ministries through Union 3. Sicily : Occurrence of
Interim Budget 2024-25, consider the Acqua Alta
following statements:
How many of the above pairs are
1. The budgetary allocation for correctly matched?
education as a percentage of total (a) Only one
expenditure has increased year-on- (b) Only two
year over the past decade. (c) All three
2. Over the past few years, the defence (d) None
ministry has been allocated the
highest proportion of funds. 23) With reference to the Mahatma Gandhi
National Rural Employment Guarantee
Which of the statements given above Scheme (MGNREGS), consider the
is/are correct? following statements:
(a) 1 only
1. Wage rates for workers under the
(b) 2 only
MGNREGS are notified by the
(c) Both 1 and 2
Union Ministry of Labour.
(d) Neither 1 nor 2
2. The wages are fixed on the basis of
Consumer Price Index-Rural.
 3. For the year 2023-24, Haryana Which of the statements given above
offers the highest daily wage for is/are correct?
MGNREGA workers. (a) 1 only
(b) 2 only
How many of the statements given (c) Both 1 and 2
above are correct? (d) Neither 1 nor 2
(a) Only one
(b) Only two 26) With reference to the State of the World
Population Report 2023, consider the
(c) All three
following statements:
(d) None
1. The largest share of global
24) Consider the following statements: population is in the age group of 1-
Statement–I: 14 years.
2. Despite efforts by national
Plastic Overshoot Day is observed
governments, the global population
annually on July 28.
growth rate has increased.
Statement–II:
3. The life expectancy of women is
Plastic Overshoot Day marks the date more than that of men.
when humanity's plastic consumption
exceeds the world's capacity to absorb How many of the statements given
and manage plastic waste sustainably. above are not correct?
(a) Only one
Which one of the following is correct in (b) Only two
respect of the above statements? (c) All three
(d) None
(a) Both Statement-I and Statement-II
are correct and Statement-II is the 27) Which one of the following works is the
correct explanation for Statement-I source of the phrase "Vasudhaiva
(b) Both Statement-I and Statement-II Kutumbakam"?
are correct and Statement-II is not
(a) Rig Veda
the correct explanation for
Statement-I (b) Mahabharata
(c) Maha Upanishad
(c) Statement-I is correct but
Statement-II is incorrect (d) Bhagavad Gita
(d) Statement-I is incorrect but 28) Consider the following fauna:
Statement-II is correct 1. Fishing Cat
2. Echidna
25) With reference to Jagadish Chandra 3. Slender Loris
Bose, consider the following 4. Flying Squirrel
statements:
Which one of the following statements
1. He was awarded the Nobel Prize for with reference to the animals given
his contribution to wireless above is correct?
telegraphy. (a) All these animals are naturally
2. He is credited with the invention of found in India
the crescograph, a device that (b) All these animals are not native to
measures plant growth responses the Indian subcontinent
to various stimuli. (c) All these animals are generally
nocturnal or most active after
sunset
 (d) All these animals are arboreal and 31) With reference to Negative Yield Bonds,
typically inhabit trees. consider the following statements:
1. Through Negative Yield Bonds, the
29) Consider the following statements:
debt-issuer gets paid for borrowing
Statement–I:
funds.
In 2023, the Reserve Bank of India
2. Investors may deposit funds into
invalidated the legal tender status of
Negative-Yielding Bonds to
₹2000 notes by withdrawing them from
safeguard their capital against
circulation.
potential erosion during periods of
Statement–II:
economic uncertainty.
Legal tender refers to a form of
currency that is recognised by law as
Which of the statements given above
an acceptable means for settling debts
is/are correct?
or obligations.
(a) 1 only
Which one of the following is correct in (b) 2 only
respect of the above statements? (c) Both 1 and 2
(a) Both Statement-I and Statement-II (d) Neither 1 nor 2
are correct and Statement-II is the
correct explanation for Statement-I 32) Consider the following statements
(b) Both Statement-I and Statement-II regarding the computation
are correct and Statement-II is not methodology of India’s GDP before and
the correct explanation for after 2015:
Statement-I
(c) Statement-I is correct but 1. Since 2015, base Year for
Statement-II is incorrect computing real GDP was changed
(d) Statement-I is incorrect but from 2004-05 to 2011-12.
Statement-II is correct 2. Before 2015, GDP at factor cost was
used to compute GDP.
3. GDP estimates post 2015 includes
30) Carbon offsetting has become product taxes.
increasingly relevant in discussions
regarding sustainability. With reference
to this, consider the following activities: How many of the statements given
above are correct?
1. A company plants trees to mitigate (a) Only one
carbon emissions. (b) Only two
2. A manufacturer buys renewable (c) All three
energy credits to compensate for (d) None
reliance on fossil fuels.
3. A conservation group restores and
protects a wetland ecosystem. 33) Which one of the following best
describes the term ‘Green Deposits’,
How many of the activities given above which was in news in India recently?
are examples of true carbon offsetting? (a) Funds deposited by customers that
(a) Only one banks allocate towards
(b) Only two environmentally sustainable
(c) All three projects.
(d) None (b) Funds deposited through ‘Green-
Label ATMs’ for agricultural
transactions.
 (c) Funds invested with Sovereign 2. It is presented to seek the approval
Green Bond markets in India. of Parliament for incurring
(d) New bank deposits raised through expenditure for a part of the
completely paperless procedures. financial year.
3. It covers both expenditure and
34) Consider the following conditions: receipts.
1. A rise in the sales of Debentures or
Commercial papers How many of the statements given
2. Falling corporate bond yields above are correct?
(a) Only one
Which of the above given conditions (b) Only two
generally signal a strong credit flow (c) All three
towards India's industrial ecosystem? (d) None
(a) 1 only
(b) 2 only 37) In India, ‘Public Debt Management Cell’
(c) Both 1 and 2 operates under which among the
(d) Neither 1 nor 2 following?

35) With reference to the Directorate of (a) Reserve Bank of India

Enforcement (ED), consider the (b) Ministry of Corporate Affairs
following statements: (c) Department of Economic Affairs,
Ministry of Finance
1. The Directorate of Enforcement
(d) Department of Investment and
functions under the department of
Public Asset Management
Economic affairs, Ministry of
Finance.
38) Consider the following statements:
2. Enforcing the provisions of the
Prevention of Money Laundering 1. In India, capital expenditure
Act and The Foreign Exchange typically exceeds revenue
Management Act falls within the expenditure in a financial year.
ambit of the Directorate of 2. Interest payments to loans are
Enforcement. recorded under revenue
3. The Directorate of Enforcement has expenditure.
the authority to initiate action
independently upon becoming Which of the statements given above
aware of a case. is/are correct?
(a) 1 only
How many of the statements given (b) 2 only
above are correct? (c) Both 1 and 2
(a) Only one (d) Neither 1 nor 2
(b) Only two
(c) All three
(d) None 39) Which among the following is the best
purpose of a ‘White paper’ that was
mentioned during the Budget 2024-25
36) With reference to Vote on Account, presentation?
consider the following statements:
(a) An informal document providing
1. In India, the vote on account was information about the state of the
instituted by parliamentary country's economy in the preceding
procedure rules to address year and forecasts for the upcoming
temporary funding challenges. financial year.
 (b) A collection of personal anecdotes Which of the statements given above
from policymakers that was is/are correct?
relevant during budget making. (a) 1 only
(c) A summary of agendas for the (b) 2 only
upcoming financial year.
(c) Both 1 and 2
(d) An authoritative report detailing an
(d) Neither 1 nor 2
issue or solution or providing
background information on topics
of public interest. 42) With reference to India International
Exchange (India INX), consider the
following statements:
40) Consider the following statements
regarding expenditure on research and 1. India INX is located in the GIFT
development (R&D) in India:
International Financial Services
1. While there have been significant Centre.
improvements in Gross 2. India INX is regulated by
Expenditure on R&D (GERD) over International Financial Services
the years, GERD as percentage of Centres Authority (IFSCA).
GDP has witnessed a decline over 3. As of now, only listed public Indian
the past decade. companies are allowed to list their
2. In recent years, India’s Gross shares on an International
Expenditure on R&D (GERD) has Exchange.
been less than 1% of the GDP.
3. In recent years, public sector How many of the statements given
spending in R&D is higher than above are correct?
Private sector spending.
(a) Only one
(b) Only two
Which among the statements given
above is/are correct? (c) All three
(a) 1 only (d) None
(b) 1 and 2 only
(c) 2 and 3 only 43) Budget 2024-25 highlights the term
(d) All the above ‘Headcount ratio’. Which one of the
following statements correctly explains
‘Headcount ratio’?
41) Recently, Digital Public Infrastructure
(DPI) was mentioned as a ‘Factor of (a) Headcount ratio is used to measure
production’ in the Budget 2024-25. poverty among the population
Consider the following statements based on national poverty lines
regarding Digital Public Infrastructure:
(b) Headcount ratio refers to the
1. They are built on open-source percentage of individuals employed
technologies, to deliver equitable in a specific sector of the economy
access to public and/or private (c) Headcount ratio is a metric used to
services. assess the level of education
2. India Stack, can be an example of a attainment among a population
foundational Digital Public (d) Headcount ratio is a financial
Infrastructure in India. indicator assessing corporate
profitability
44) With reference to India’s 47) With respect to Logistics sector in India,
Pharmaceutical sector, consider the consider the following statements:
following statements:
1. PM Gati Shakti scheme aims to
1. India is the world's largest maker address the issue of high logistics
and exporter of generic drugs. and supply chain costs.
2. India is the largest vaccine 2. In general, within the Indian
producer in the world. railway network, passenger revenue
3. The Indian pharmaceutical tends to outweigh freight revenue,
industry ranks 3rd in the world in reflecting the common trend where
terms of value after United States passenger services generate more
and China. income.

Which of the statements given above

Which of the statements given above
is/are correct?
is/are correct?
(a) 1 and 2 only
(b) 2 only (a) 1 only
(c) 2 and 3 only (b) 2 only
(d) 1, 2 and 3 (c) Both 1 and 2
(d) Neither 1 nor 2
45) Which one of the following statements
is incorrect regarding the PM SHRI 48) With reference to ‘debt service ratio of a
Schools scheme? country’, consider the following
(a) The PM SHRI School is a centrally statements:
sponsored scheme initiated by the
1. It measures the ratio of a country's
Government of India. debt service payments, including
(b) Programme involves setting up new both principal and interest, in
schools where pedagogy adopted is relation to its income from
more experiential and holistic international trade.
unlike conventional schools. 2. In terms of financial health, a
(c) Schools under PM SHRI will country is wealthier when the debt
showcase the implementation of service ratio is high.
the National Education Policy
2020. Which of the statements given above
(d) Assessment of students will be is/are correct?
based on conceptual
(a) 1 only
understanding and competency-
based. (b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
46) What is the primary function of a
Demat account within the scope of
financial management and investment? 49) Which of the following best describes
(a) Facilitating online trading the term "Reverse-Flipping", recently in
(b) Handling real estate transactions the news?
(c) Facilitating foreign currency (a) A technical term associated with
exchange mobile networks and
(d) Administering personal savings telecommunication.
accounts
(b) Start-Ups relocating their
operations back to India.
 (c) A term used in the Stock market How many of the above pairs are
industry indicating sudden correctly matched?
changes in the value of stocks. (a) Only one
(d) Term associated with banking (b) Only two
sector referring to the increasing (c) All three
use of currency notes. (d) None

53) With reference to animal husbandry in

50) With reference to PM Kisan SAMPADA India, consider the following
Yojana, consider the following statements:
statements:
1. Gujarat has traditionally been the
1. PM Kisan SAMPADA Yojana is a largest milk producing state.
centrally sponsored scheme to 2. The leading contributor to wool
augment the food processing production is Rajasthan.
industry in India. 3. Maharashtra, Uttar Pradesh, and
2. One of the main objectives of the West Bengal are among the top
scheme is to offer direct benefit states in India in terms of meat
transfer to integrated cold chain production.
infrastructure developers.
How many of the statements given
3. Under the scheme, ‘Mega Food
above are correct?
Parks’ will be setup to link
(a) Only one
agricultural production to the
(b) Only two
market.
(c) All three
How many of the statements given (d) None
above are correct?
(a) Only one 54) ‘Right against self-incrimination’ is
(b) Only two protected under which Article of the
(c) All three Constitution of India?
(d) None (a) Article 17
(b) Article 20
51) Consider the following pairs: (c) Article 23
(d) Article 22
Area of conflict Location
1. Bakhmut : Ukraine 55) With reference to the political parties of
2. Cabo Delgado : Mozambique India, consider the following
3. Rafah : Palestine statements:
How many of the above pairs are 1. The Constitution of India provides
correctly matched? for the recognition of a political
(a) Only one party as a national party if it fulfils
(b) Only two the criterion of being a state party
(c) All three in any four Indian States.
(d) None 2. A national party is allowed to
engage twice the number of star
52) Consider the following pairs: campaigners allotted to an
unrecognised party.
Product with GI tag State 3. The poll performance of a registered
1. Lakadong Turmeric : Meghalaya political party in the Parliament
2. Cumbum Grapes : Tamil Nadu elections cannot be considered as a
3. Ganjam Kewda Oil : Andhra valid criterion for conferring it a
Pradesh state party status.
 How many of the statements given 58) Jais, LaMDA, Wu Dao are examples of:
above are correct?
(a) zero-click malwares.
(a) Only one
(b) internet search engines.
(b) Only two
(c) programming languages used for
(c) All three
blockchain development.
(d) None
(d) Artificial Intelligence systems
capable of understanding and
56) Why is there a rising concern about the generating human-like text and
usage of an organic compound named other content.
‘Erythritol’?
59) With reference to the Bharat Ratna awards,
(a) It is often found to be used as an consider the following statements:
artificial sweetener which can
increase the risk of cardio-vascular 1. Only Indian citizens can be awarded
diseases in humans. the Bharat Ratna.
(b) Its long-term exposure is found to 2. It cannot be awarded posthumously.
have toxic effect on plant cells’
Which of the statements given above
ultrastructure and membrane
is/are correct?
stability.
(a) 1 only
(c) It has been found to be used as a
(b) 2 only
food adulterant that is altering the
(c) Both 1 and 2
gut microbiota composition in
(d) Neither 1 nor 2
children.
(d) It is considered harmful to the 60) Consider the following pairs:
species inhabiting marine and Project in news Location
wetland ecosystems. 1. Mopa International : Ladakh
Airport
57) With reference to the Selection 2. Kulda Coal Mine : Odisha
Committee for the appointment of an 3. Subansiri Hydel : Arunachal
Election Commissioner as per the Chief Project Pradesh
Election Commissioner and Other 4. Ken-Betwa Link : Madhya Pradesh
Election Commissioners (Appointment,
Conditions of Service and Term of How many of the above pairs are
Office) Act, 2023, consider the following correctly matched?
officials: (a) Only one
1. Prime Minister (b) Only two
2. Chief Justice of India (c) Only three
(d) All four
3. Union Cabinet Minister nominated
by the President
61) Which among the following agencies
4. Leader of Opposition in Lok Sabha carried out ‘Asset Quality Review' (AQR)
5. Union Minister of Law and Justice and Prompt Corrective Action (PCA)
framework, to increase transparency in
Which among the above officials are the Indian financial sector?
part of the Selection Committee?
(a) Reserve Bank of India (RBI)
(a) 1, 2 and 3 only
(b) Banks Board Bureau (BBB)
(b) 2, 3 and 4 only
(c) Insolvency and Bankruptcy Board
(c) 1 and 4 only
of India (IBC)
(d) 1, 2 and 5 only
(d) Financial Stability and
Development Council (FSDC).
62) With reference to Municipal bonds, 3. Among the indicators used to
consider the following statements: identify aspirational districts, Basic
Infrastructure is provided with the
1. Municipal bonds can be issued by
highest weightage.
both state and local governments.
2. Municipal bonds are debt securities
Which of the statements given above
issued to finance public projects
is/are correct?
such as roads and bridges.
(a) 1 and 3 only
3. The Municipal Bonds are regulated
(b) 1 and 2 only
and issued as per the provisions
(c) 2 and 3 only
formulated by the Securities and
(d) 1, 2 and 3
Exchange Board of India (SEBI).
How many of the statements given
66) With reference to the Aviation sector in
above are correct?
India, consider the following
(a) Only one statements:
(b) Only two
(c) All three 1. As per the present FDI Policy, 100%
(d) None FDI is permitted in Scheduled Air
Transport Services via the
automatic route.
63) Which among the following is the 2. India is the 6th largest aviation
primary objective of fiscal policy? market in the world.
(a) To control inflation 3. DigiYatra is employed at airports for
(b) To regulate the money supply seamless and paperless movement
(c) To achieve macroeconomic stability of passengers.
(d) To promote domestic and
international trade How many of the statements given
above are correct?
64) What is the primary objective of ‘zero- (a) Only one
based budgeting’ (ZBB)? (b) Only two
(c) All three
(a) To maintain consistency with
(d) None
historical spending patterns
(b) To encourage incremental
increases in budget allocations 67) Government of India has recently
launched an electronic registry, 'U-
(c) To optimize resource allocation
WIN’. Which among the following is a
based on current needs and
function of U-WIN?
priorities
(d) To minimize the need for budget (a) To monitor vaccinations under the
revisions and adjustments Universal Immunisation
Programme.
(b) To oversee agricultural subsidies
65) Consider the following statements
and distribution of fertilizers to
regarding the Aspirational Districts
farmers.
Programme in India:
(c) To facilitate online voter
1. The Transformation of Aspirational registration and management of
Districts Programme was initiated electoral rolls for upcoming
to uplift the socio-economic status elections.
of over 100 districts in India. (d) To manage and monitor the
2. Aspirational districts in India are utilization of universal Wi-Fi access
identified by the NITI Aayog. points in public spaces.
68) With reference to the Indian Railways, Which of the statements given above
consider the following statements: is/are correct?
1. Bharat Gaurav Trains is an (a) 1 only
initiative of the Union Government,
(b) 2 only
part of the "Dekho Apna Desh"
campaign aimed at boosting (c) Both 1 and 2
domestic tourism. (d) Neither 1 nor 2
2. At present, private operators are
allowed to run trains along the
Indian railway network. 71) With reference to employment situation
in India, consider the following
Which of the statements given above statements:
is/are correct?
1. According to Periodic Labour Force
(a) 1 only
Survey, Labour Force Participation
(b) 2 only
Rate in rural areas is more than
(c) Both 1 and 2
urban areas.
(d) Neither 1 nor 2
2. Female Labour Force Participation
69) Consider the following statements: Rate is two third of male Labour
Statement–I: Force Participation Rate in
Tax-to-GDP ratio in India over the combined urban and rural
years has been less than 12%. economies.
Statement–II: 3. Female labour force participation
Developed countries generally have a rate in India is below the global
higher tax-to-GDP ratio than average.
developing countries.
Which of the statements given above
Which one of the following is correct in is/are correct?
respect of the above statements?
(a) 1 only
(a) Both Statement-I and Statement-II
(b) 2 only
are correct and Statement-II is the
correct explanation for Statement-I (c) 2 and 3 only
(b) Both Statement-I and Statement-II (d) 1 and 3 only
are correct and Statement-II is not
the correct explanation for
Statement-I 72) Consider the following statements
(c) Statement-I is correct but regarding Infrastructure Investment
Statement-II is incorrect Trusts (InvITs) in India:
(d) Statement-I is incorrect but 1. Infrastructure Investment Trusts
Statement-II is correct are investment instruments that
work like mutual funds.
70) Consider the following statements 2. Infrastructure Investment Trusts
regarding Inflation targeting in India: Regulations are notified by the
1. In India, the inflation target under Securities and Exchange Board of
the Monetary Policy Framework India (SEBI).
Agreement has undergone three 3. Sponsors who establish the InvITs
revisions since its inception. should hold a net worth/net-
2. Currently, the inflation target tangible assets of not less than INR
under the Monetary Policy 100 crores.
Framework Agreement is 4%.
 How many of the statements given 76) Which of the following is an example of
above are correct? a regressive tax?
(a) Only one
(a) Sales tax
(b) Only two
(b) Income tax
(c) All three
(c) Corporate tax
(d) None
(d) Capital gains tax
73) India can achieve its huge growth
prospects by taking advantage of its
77) With reference to market structures,
demographic dividend. Which one of
consider the following statements:
the following best describes the word
‘demographic dividend’? 1. In a perfectly competitive market,
(a) The economic benefit gained from a firms have no control over the price
young, growing population. of their products.
(b) The ratio of working-age population 2. Product differentiation is a key
to the total population. feature of Monopolistic competition.
(c) Age wise classification of a 3. Oligopoly refers to a market
country’s population. structure with only one seller.
(d) The productivity of different age
groups within the population of a Which of the statements given above
country. is/are correct?
74) How many of the following support (a) 1 only
measures fall under the ‘Green box’, (b) 2 only
according to the World Trade (c) 1 and 2 only
Organization? (d) 1 and 3 only
1. Provision of Minimum Support
Scheme. 78) Which among the following can be
direct impacts of interest reduction in
2. Fertilizer subsidies issued by the
an economy?
government of India.
3. Crop insurance scheme offered by 1. Encourage more consumer
the government of India. spending and investment.
4. Funding of research institutions 2. Encourage savings in the economy.
focussing on crop varieties.
Select the correct answer from the code
Select the correct answer using the
given below:
code given below:
(a) Only one (a) 1 only
(b) Only two (b) 2 only
(c) Only three (c) Both 1 and 2
(d) All four (d) Neither 1 nor 2

75) In economics, what does the term 79) With respect to Rupee denominated
"complementary goods" refer to? bonds, consider the following
statements:
(a) Goods that are perfect substitutes
for each other. 1. Masala bonds are offshore Rupee
(b) Goods that are consumed together. denominated bonds issued by
(c) Goods that are used in the governments and corporates.
production process together. 2. In India, Masala bonds are
(d) Goods that are provided by the regulated by the Reserve bank of
government free of charge. India.
 3. Appreciation of Rupee benefits 83) Consider the following pairs:
investors in Rupee denominated
bonds. Wildlife Naturally found in
1. Hoolock Gibbon : Western Ghats
How many of the statements given
above are correct? 2. Golden Langur : Brahmaputra
(a) Only one
(b) Only two Valley
(c) All three 3. Indian Wild Ass : Eastern Ghats
(d) None

80) The Agriculture Census in India is How many of the above pairs are
conducted every five years by: correctly matched?

(a) National Bank for Agriculture and (a) Only one

Rural Development (NABARD) (b) Only two
(b) Ministry of Rural Development
(c) Indian Council of Agricultural (c) All three
Research (ICAR) (d) None
(d) Ministry of Agriculture and
Farmers' Welfare

84) Consider the following statements:

81) Consider the following pairs:
Region in news Reason for being Statement – I:
in news All high value rare earth elements are
1. Essequibo region : Insurgency in available in extractable quantities from
Ethiopia Indian reserves.
2. Golan Heights : Dispute between
Israel and Syria Statement – II:
3. Oromia region : War between India has the world’s fifth largest
Ukraine and reserves of rare earth elements.
Russia

How many of the above pairs are Which one of the following is correct in
correctly matched? respect of the above statements?
(a) Only one (a) Both Statement-I and Statement-II
(b) Only two are correct and Statement-II is the
(c) All three correct explanation for Statement-I
(d) None
(b) Both Statement-I and Statement-II
are correct and Statement-II is not
82) Which one of the following countries is the correct explanation for
a part of the Nile Basin?
Statement-I
(a) Angola
(c) Statement-I is correct but
(b) Burundi
Statement-II is incorrect
(c) Chad
(d) Zambia (d) Statement-I is incorrect but
Statement-II is correct
85) With reference to remittances, consider 88) Consider the following statements:
the following statements: Statement – I:
1. India is the largest remittance A Member of Lok Sabha defying their
receiving country in the world party whip on any issue can lose
followed by Mexico and China. his/her membership of the House.
2. At present, India’s largest source of Statement – II:
remittances is the United Arab
The Rules of Lok Sabha empowers the
Emirates.
whips appointed by political parties to
Which of the statements given above regulate and monitor the members of
is/are correct? the House belonging to their respective
(a) 1 only party.
(b) 2 only
(c) Both 1 and 2
Which one of the following is correct in
(d) Neither 1 nor 2
respect of the above statements?
86) Consider the following statements: (a) Both Statement-I and Statement-II
are correct and Statement-II is the
1. Bar council of India has the power
correct explanation for Statement-I
to lay down rules relating to the
practise of law in India by foreign (b) Both Statement-I and Statement-II
lawyers. are correct and Statement-II is not
2. Only the advocates enrolled in bar the correct explanation for
councils are entitled to practise the Statement-I
profession of law in the courts and (c) Statement-I is correct but
tribunals. Statement-II is incorrect
3. Indian Lawyers working with (d) Statement-I is incorrect but
foreign law firms are entitled to Statement-II is correct
practise law in India in non-litigious
matters only.
Which of the statements given above 89) With reference to Goods and Service
Tax Council (GST Council), consider the
is/are correct?
following statements:
(a) 1 only
(b) 2 only 1. It is a constitutional body
(c) 1 and 3 only responsible for making
(d) 1, 2 and 3 recommendations on issues related
to the implementation of the Goods
87) Consider the following pairs:
and Services Tax in India.
Dam in news Constructed 2. The council decisions are made
across through a consensus-based
1. Jamrani Dam : Barakar River approach with a support of a
2. Maithon Dam : Indravati River majority of not less than one-
3. Shahpurkandi : Ravi River half of weighted votes of the
Dam members present and voting in the
How many of the above pairs are Council.
correctly matched? 3. The vote of central government
(a) Only one shall have a weightage of only one-
(b) Only two third of the total votes casted in the
(c) All three Council.
(d) None
 How many of the statements given
above are correct?
(a) Only one
(b) Only two
(c) All three
(d) None
90) Consider the following pairs:
Spacecraft/ Role
Mission
1. JANUS-1 : Exploration and study
of Jupiter and its icy
moons
2. STEREO : Solar observation and
Mission imaging
3. VIPER : Lunar exploration
Mission
How many of the above pairs are
correctly matched?
(a) Only one
(b) Only two
(c) All three
(d) None
91) Which among the following is likely to
happen if a budget once presented, is
not passed in the Parliament?
(a) A vote on account is presented to
meet immediate expenses of the
government.
(b) The previous year's budget is
extended temporarily.
(c) A motion of no confidence is
introduced in the Parliament,
which will potentially result in the
resignation of the government.
(d) A new budget is introduced after
necessary changes.
92) The Government of India runs year on
year with a budget deficit. Which
among the following measures can help
reduce budget deficit?
1. Fiscal consolidation measures
2. Rationalising subsidies
3. Borrowing from domestic sources
rather than international sources
Select the correct answer from the code
given below:
(a) 1 only
(b) 2 only
(c) 1 and 2 only
(d) 1, 2 and 3
93) Consider the following statements
regarding PM-SVANidhi scheme for
providing affordable credit to street
vendors:
1. PM-SVANidhi is a central sector
scheme launched by the Ministry of
Housing and Urban Affairs.
2. Under the scheme, street vendors
are eligible for loan funds only up to
Rs. 10,000.
3. Some Scheduled Commercial
Banks and Regional Rural Banks
are entitled to issue credit under
the Scheme.
Which of the statements given above
is/are correct?
(a) 1 and 2 only
(b) 1 and 3 only
(c) 2 only
(d) 3 only
94) “An investment vehicle that pools
capital from investors to invest in a
portfolio comprised of multiple other
investment funds across various asset
classes or strategies.”
Which among the following best
describes the above statement?
(a) Fund of Funds
(b) Hedge funds
(c) Multi bagger funds
(d) Index funds
95) Consider the following statements:
1. Gross fixed capital formation is a
component of the expenditure on
gross domestic product that
indicates how much of the new
value added in an economy is
invested rather than consumed.
 2. Gross fixed capital formation plays
a significant role in driving
economic growth, as it contributes
to the expansion and modernization
of the capital stock in a country.
Which of the statements given above
is/are correct?
(a) 1 only
(b) 2 only
(c) Both and 2
(d) Neither 1 nor 2
96) The terms Reshoring and Nearshoring
are often discussed in the news with
reference to which one of the following?
(a) Global energy transition
(b) Pandemic preparedness and
management
(c) De-globalization of global supply
chain
(d) Renewal of trade agreements under
the World Trade Organization
97) Consider the following statements:
Statement–I:
Proliferation of a deep tech or
disruptive technology ecosystem has
the potential to expedite economic
growth in India.
Statement–II:
The deep tech or disruptive technology
sector in India is currently in its early
stages and has yet to make any
contributions to the country's
economy.
Which one of the following is correct in
respect of the above statements?
(a) Both Statement-I and Statement-II
are correct and Statement-II is the
correct explanation for Statement-I
(b) Both Statement-I and Statement-II
are correct and Statement-II is not
the correct explanation for
Statement-I
(c) Statement-I is correct but
Statement-II is incorrect
(d) Statement-I is incorrect but
Statement-II is correct
98) With reference to the tax revenue of the
Government of India as per the interim
Budget for the fiscal year 2024-25,
consider the following statements:
1. The combined share of Union
Excise duty and Customs duty is
less than Corporate Tax revenue.
2. Corporate tax comes under the
head of ‘indirect taxes’.
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
99) ‘Nano DAP’ was mentioned in the Union
Budget 2024-25. What is ‘Nano DAP’?
(a) A government initiative aimed at
promoting nanotechnology-based
research and development
programmes in the agricultural
sector.
(b) A refined version of a popular
fertilizer in India.
(c) A nanotechnology-based pesticide
formulation for controlling crop
pests and diseases.
(d) A biodegradable nano-material for
enhancing productivity of high-
yield seed varieties.
100) Consider the following:
1. Flexible work arrangements where
individuals work on short-term
contracts or freelance basis.
2. Utilization of digital platforms to
connect workers with clients or
customers.
3. Standard employment contracts
with fixed working hours.
How many of the above are general
characteristics of a gig economy?
(a) Only one
(b) Only two
(c) All three
(d) None