eZugyAn OSSC CGL MAINS

SECTIONAL TEST 4: ECONOMICS

Full Marks: 20 Time: 30 Mins
1) Answer the following questions in a single sentence. 12*1/2 = 6
(a) Union Budget of India is presented by whom and in which house/ houses of the Parliament?

(b) A new private bank is established under which Act?

(c) A charge levied by a Life Insurance Company for the life insurance protection upon death and

to cover certain other expenses is termed as _____?

(d) During which five year plan The Khadi and Village Industries Commission was established?

(e) If there is an increase in the external commercial borrowings in India. What will be the impact
on the external debt of the country?

(f) To get the Credit History of a company, which among the following should be approached?

(g) Which is the largest exported item of India?

(h) Who was the first economist to determine national income scientifically in India?

(i) What happens to prices when the fiscal deficit is high?

(j) Which industry is the largest coal consumer in India?

(k) Which is the largest Millet producing nation in the world?

(l) What is the FDI allowed in IT-ITeS sector by the Government of India?

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 2) Write down the growth rate of the followings. 5*1/2= 2 ½
TERMS GROWTH RATE
Economic Growth Rate- Odisha and India
at Constant Prices (2022-23)
Per Capita Income at Current Prices
(INR) – Odisha (2022-23) (It is not growth
rate)
Inflation in Odisha (2022-23)
Growth of Agriculture & Allied Sectors at
Constant Prices – Odisha (2022-23)
Fiscal Deficit to G(S)DP - Odisha

3) Write down the full forms of the following banking terms. 7*1/2= 3 ½
BANKING TERMS FULL FORM
ATM
IFSC
INR
NEFT
RTGC
KYC
SLR

4) Explain the meaning and implications of revenue deficit. 4

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5) Explain government banker function of the Central Bank. 4

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