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Questions and Answers

Which statement is not accurate regarding the calculation of Real Gross Domestic Product (GDP)?

  • Real GDP is calculated using common prices to evaluate outputs from different years.
  • Potential GDP is the Real GDP produced when the economy fully utilizes its resources.
  • Nominal GDP is calculated using fixed prices to evaluate outputs from different years. (correct)
  • Real GDP per capita is the ratio of Real GDP divided by the population.

What is the term for the economic outcome resulting from a mismatch between regional or occupational job vacancies and the available workforce?

  • Cyclical unemployment
  • Altered unemployment
  • Structural unemployment (correct)
  • Disguised unemployment

Which of the following best describes an economy experiencing slow growth coupled with rapid inflation?

  • Stagnation
  • Deflation
  • Recession
  • Stagflation (correct)

What is the term for the increase in private investment that occurs as a result of increased government spending?

<p>Crowding in (C)</p> Signup and view all the answers

What is the term for an asset pledged by a borrower to a lender as security for repayment of a loan?

<p>Collateral (D)</p> Signup and view all the answers

What is the term for the percentage by which the total repayment exceeds the original loan amount?

<p>Nominal interest rate (D)</p> Signup and view all the answers

Which of the following statements accurately reflects a condition within the Gandhi-Irwin Pact of 1931?

<p>The Congress agreed to take part in the Second Round Table Conference. (A)</p> Signup and view all the answers

Who founded the Bhil Seva Mandal in 1922?

<p>Amritlal Vithaldas Thakkar (D)</p> Signup and view all the answers

Who introduced a bill to mandate compulsory and free primary education in India in the Imperial Legislative Council in 1911?

<p>Gopal Krishna Gokhale (B)</p> Signup and view all the answers

Which of the following accurately describes the effect of Act V of 1843 related to Slavery in India?

<p>It denied the masters the use of Courts to assert their claims on slaves. (D)</p> Signup and view all the answers

Which Maratha statesman signed the Treaty of Bassein on December 31, 1802?

<p>Baji Rao II (D)</p> Signup and view all the answers

The Amara-Nayaka system was a major political innovation of which Indian imperial rulers?

<p>Vijayanagara (B)</p> Signup and view all the answers

KIRAN (Knowledge Involvement in Research Advancement through Nurturing) is an initiative offering opportunities to women scientists who:

<p>had a break in their career due to family reasons. (B)</p> Signup and view all the answers

NIDHI is an umbrella scheme for the promotion of which of the following?

<p>Young and aspiring innovators (B)</p> Signup and view all the answers

What is the primary aim of the Saubhagya Scheme?

<p>Household electrification (B)</p> Signup and view all the answers

Mission Indradhanush aims at:

<p>full immunisation of children. (C)</p> Signup and view all the answers

Which is NOT a correct statement about the Deen Dayal Upadhyaya - Grameen Kaushalya Yojana (DDU-GKY)?

<p>It relies entirely on skill training by Government agencies. (D)</p> Signup and view all the answers

Which of the following statements about the Pradhan Mantri Gram Sadak Yojana are correct?

  1. It is part of Government of India's poverty reduction strategy.
  2. It is a centrally sponsored scheme for rural development.
  3. It provides connectivity in rural areas.

<p>1, 2 and 3 (A)</p> Signup and view all the answers

India's territorial limit extends towards the sea up to:

<p>12 nautical miles (D)</p> Signup and view all the answers

Which one of the following is a cold ocean current?

<p>California Current (C)</p> Signup and view all the answers

Identify the type of soil based on these characteristics: rich in lime, iron, magnesia and alumina; generally clayey, deep and impermeable; mainly found in Maharashtra, Madhya Pradesh and Gujarat.

<p>Black soil (A)</p> Signup and view all the answers

Arabica, Robusta and Liberica are varieties of?

<p>Coffee (D)</p> Signup and view all the answers

Aluminum is manufactured from:

<p>Bauxite ore (D)</p> Signup and view all the answers

Which one of the following sea ports gained significance for handling iron-ore exports to Japan?

<p>Mormugao (D)</p> Signup and view all the answers

Which one of the following is not a function of money?

<p>Used for regulating consumption (C)</p> Signup and view all the answers

The situation where the equilibrium level of real GDP falls short of potential GDP is known as:

<p>Recessionary gap (D)</p> Signup and view all the answers

The excess of total expenditure of Government over its total receipts, excluding borrowings, is known as:

<p>Fiscal deficit (B)</p> Signup and view all the answers

Which one of the following statements with respect to the exchange rate of currency is correct?

<p>Fixed exchange rates are rates set by Government decisions and maintained by Government actions. (D)</p> Signup and view all the answers

François Bernier was physician to:

<p>Prince Dara Shikoh (A)</p> Signup and view all the answers

Which one of the following British firms was taken over by Soorajmull-Nagarmull group?

<p>Davenport (B)</p> Signup and view all the answers

Which one of the following statements with regard to ryotwari settlement is not correct?

<p>In principle, it strengthened the former elite, the zamindars and weakened the peasantry. (C)</p> Signup and view all the answers

Which one of the following statements about the British Indian Medical Service (IMS) is not correct?

<p>Indians were never admitted to IMS. (B)</p> Signup and view all the answers

Which of the following statements regarding the 'casting vote' in the Parliament is/are correct?

  1. It is cast by the speaker or a person acting as such.
  2. It is cast in addition to voting in the first instance.
  3. It is cast in the case of equality of votes.
  4. It is always cast to maintain the status quo.

<p>3 only (C)</p> Signup and view all the answers

Equality before the law or equal protection of the laws within the territory of India is guaranteed under which one of the following Articles of the Constitution of India?

<p>Article 14 (C)</p> Signup and view all the answers

Which among the following fundamental rights is/are available to non-citizens?

  1. Freedom of speech
  2. Protection against self-incrimination
  3. Freedom of conscience
  4. Non-discrimination in matters of employment

<p>2 only (D)</p> Signup and view all the answers

Which one of the following statements about the Vice-President of India is not correct?

<p>He is not eligible for re-election. (B)</p> Signup and view all the answers

A motion of no-confidence is moved against:

<p>the Council of Ministers. (C)</p> Signup and view all the answers

Which one of the following is correct about 'Pinaka'?

<p>It is a multi-barrel rocket system. (C)</p> Signup and view all the answers

Which one of the following is not a member of the Quad group of nations?

<p>France (C)</p> Signup and view all the answers

The first phase of Exercise Malabar, 2020 was conducted at:

<p>Visakhapatnam (B)</p> Signup and view all the answers

Hollywood actor Sir Sean Connery, who died recently, was popularly known for the portrayal of the role:

<p>James Bond (A)</p> Signup and view all the answers

Flashcards

OMR sheet filling responsibility

The responsibility of the candidate to fill the OMR sheet carefully.

Penalty for wrong answers

Punishment for wrong answers in the objective type question papers

Real GDP Computation

The real GDP is computed valuing outputs of different years at common prices

Collateral

The asset pledged to guarantee loan repayment.

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Nominal Interest Rate

The percentage by which money paid back exceeds borrowed money.

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Gandhi-Irwin Pact

1931 pact involving Gandhi and Irwin

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Amritlal Vithaldas Thakkar

Founder of Bhil Seva Mandal

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Amara-Nayaka System

System created by the Vijayanagara rulers.

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KIRAN Initiative

Scheme for women scientists

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Saubhagya Scheme

Scheme for universal household electrification.

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Mission Indradhanush

Mission for child immunization.

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Territorial Limit

Indian sea extend limit.

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California Current

A cold ocean current

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Laterite Soil

Soil type with lime, iron, and alumina.

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Arabica, Robusta, Liberica

Varieties of coffee

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Bauxite ore

What is used in Aluminium creation?

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Mormugao

Sea port for iron exports

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Regulating consumption

Not a function of Money

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Fiscal deficit

The excess of total expenditure of Government over its total receipts

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Francois Bernier

French physician

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Prime Minister

National Disaster Management Authority Head

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Tax valid for 30 years

Raiyatwari settlement

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Equality

Rights guaranteed by article 14

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John Austin

Developed legal positivism.

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Satluj

River feeds

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Treaty of

Convention with

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Liberty

Non-centralization

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President

Head

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Never

Not correct relation to

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Puche

The first

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Ordinary .

Which states

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Insurance

Social

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Direct

Not true .

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Part of

Not correct .

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Study Notes

Exam Instructions and Guidelines

  • After the exam starts, check the test booklet for any missing or damaged pages, and request a replacement if needed
  • The candidate is responsible for accurately encoding their Roll Number and Test Booklet Series (A, B, C, or D) on the OMR Answer Sheet
  • Errors or omissions in filling the OMR sheet may lead to rejection
  • Write roll number on the Test Booklet in the provided box, and nothing else
  • The test booklet contains 120 questions, in both Hindi and English
  • All questions have four possible answers, from which the candidate selects one
  • If multiple answers appear correct, choose the best one, answer ONLY one response per question
  • Mark all answers ONLY on the separate OMR Answer Sheet provided
  • All questions carry equal marks
  • Certain details will need to be filled in on the Answer Sheet according to the instructions on the Admission Certificate before marking answers
  • Only hand over the Answer Sheet to the invigilator after the exam; candidates may keep the Test Booklet
  • Sheets for rough work are included at the end of the Test Booklet

Penalty for Wrong Answers in Objective Tests

  • A third of the marks assigned to a question will be deducted for each wrong answer
  • Marking more than one answer to a question will be considered a wrong answer, even if one of the answers is correct
  • No penalty is applied if a question is left blank

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