Economics– Miscellaneous Topics – Old Year Questions (Part 1)

1. Who heads the panel on National Education Policy constituted in June 2017 by the Human Resource Development Ministry?

(a) K.J. Alphonse
(b) Ram Shankar Kureel
(c) K. Kasturirangan
(d) M.K. Shridhar

[U.P.P.C.S. (Pre) 2017]


2. Consider the following statements about New National Education Policy approved by Union Cabinet of India on 29th July, 2020 :

1. It was drafted by a Committee headed by Dr. K. Kasturirangan.
2. It will replace the previous Education Policy which has been followed since last 38 years.

Select the correct statement(s) from the codes given below.

(a) 1 Only
(b) 2 Only
(c) Both 1 and 2
(d) Neither 1 nor 2

[U.P. P.C.S. (Pre) 2020]


3. It is a method of making automatic predictions about the interest of a user by collecting preferences :

(a) Social Networking
(b) Social Targetting
(c) Collaborative Publishing
(d) Collaborative Filtering

[M.P. P.C.S. (Pre) 2020]


4. The concept of ‘Marginal Man’ was propounded by :

(a) Robert E. Park
(b) Robert Redfield
(c) Louis Wirth
(d) Louis Dumont

[U.P. P.C.S. (Pre) 2020]


5. The phrase ‘Missing women’ was coined by :

(a) Helen Keller
(b) Emma Watson
(c) Medha Patkar
(d) Amartya Sen

[U.P. Lower Sub. (Pre) 2015]


6. The development of the concept of ‘Global Village’ is based on :

(a) Social development
(b) Political development
(c) Transport and Communication development
(d) International organization

[U.P.P.C.S. (Pre) 2018]


7. According to Gartner, the 4-phase maturity model can be arranged in sequence as :

(a) Transaction, Interaction, Transformation and Information
(b) Information, Transformation, Interaction and Transaction
(c) Transaction, Information, Interaction and Transformation
(d) Information, Interaction, Transaction and Transformation

[M.P. P.C.S. (Pre) 2020]


8. A social network can be represented as :

(a) Graph
(b) Tree
(c) Star
(d) Ring

[M.P. P.C.S. (Pre) 2020]


9. Who was the first Indian to join as a member of the UN Human Rights Commission in 1946?

(a) Smt. Sarojini Naidu
(b) Smt. Hansa Mehta
(c) Smt. Vijaya Laxmi Pandit
(d) None of the above

[Uttarakhand P.C.S. (Pre) 2012]


10. The Competition Commission has been established in India in the year :

(a) 2001
(b) 2002
(c) 2003
(d) 2004

[U.P.P.C.S. (Mains) 2004]


11. Who is the Chairperson of the Competition Commission of India?

(a) Ashok Chawla
(b) Mohan Dharia
(c) Pankaj Oswal
(d) None of the above

[U.P. U.D.A./L.D.A. (Spl.) (Pre) 2010]


12. Which one of the following deals with the marketing of milk ?

(a) CACP

[U.P.P.C.S. (Mains) 2009]


13. Which State Government has signed a pact with the Airport Authority of India (AAI) to develop villages in Kamrup?

(a) West Bengal
(b) Mizoram
(c) Nagaland
(d) Assam
(e) None of the above/More than one of the above

[63th B.P.S.C. (Pre) 2017]


14. Who among the following is the President of the FICCI?

(a) Sunil Mittal
(b) Brijmohan Lal Munjal
(c) Onkar S. Kunwar
(d) Vivek Burman

[I.A.S. (Pre) 2005]


15. Who among the following was Secretary, Economic Affairs, Government of India and then became Governor, Reserve Bank of India in September 2008?

(a) Y.V. Reddy
(b) D. Rangarajan
(c) T.K. Nair
(d) D. Subbarao

[M.P.P.C.S. (Pre) 2008]


16. The newly appointed Managing Director of I.M.F. is :

(a) Kristalina Georgieva
(b) Christine Lagarde
(c) Raghuram Rajan
(d) Surjit Bhalla

[U.P.P.C.S. (Pre) 2019]


17. Who among the following served as the Chief Economist of the International Monetary Fund?

(a) Ashok Lahiri
(b) Sumantra Ghoshal
(c) Saumitra Chaudhari
(d) Raghuram Rajan

[I.A.S. (Pre) 2007]


18. Which one of the following pairs is not correctly matched?

(a) T.S. Krishnamurthy : Ex. Chief Election Commissioner of India
(b) K.C.Pant : Chairman, 10th Finance Commission of India
(c) A.M. Khusro : Ex-Chairman, Union Public Service Commission
(d) R.C. Lahoti : Ex-Chief Justice of India

[U.P.P.C.S. (Pre) 2008]


19. Match List-I with List-II and select the correct answer using the codes given below the lists :

List-I (Person) List-II (Related with)
A. M.S. Swaminathan 1. Social Control on Banks
B. L.K. Jha 2. Dairying
C. C.T. Kurian 3. Green revolution
D. Morarji Desai 4. Heavy Industries

Codes :

(a) 1 2 4 5
(b) 3 5 2 1
(c) 2 4 3 5
(d) 4 1 5 3

[U.P.P.C.S. (Mains) 2003]


20. Which one of the following pairs is not correctly matched?

(a) Goiporia Committee – Banking Service Improvement
(b) Nanjundappa Committee – Railway Fare
(c) Rangarajan Committee – Balance of Payments
(d) Rekhi Committee – Simplification of Export & Import

[U.P.P.C.S. (Mains) 2008]


21. ‘Gadgil Committee Report’ and ‘Kasturirangan Committee Report’, sometimes seen in the news, are related to :

(a) Constitutional Reforms
(b) Ganga Action Plan
(c) Linking of rivers
(d) Protection of Western Ghats

[I.A.S. (Pre) 2016]


22. Match List-I with List-II and select the correct answer using the codes given below the lists :

List-I List-II
A. Dutt Committee (1969) 1. Industrial licensing
B. Wanchoo Committee (1971) 2. Direct Tax
C. Rajamannar Committee (1971) 3. Centre-State relations
D. Chakravarty Committee (1985) 4. Monetary policy

Codes :


(a) 1 2 3 4
(b) 1 2 4 3
(c) 4 3 2 1
(d) 4 1 3 2

[U.P.P.C.S. (Mains) 2015]


23. Match the items in List I with the items in List II and select the correct answer using the codes given below :

List-I List-II
(Specialization) (Name)
A. Taxation i. M. Govinda Rao
B. Agriculture ii. C. Rangarajan
C. Monetary Policy iii. Arvind Panagariya
D. Indian Economic Planning and State-Level Reforms iv. Ashok Gulati
E. Fiscal policy v. Parthsarthi Shome

Codes :

(a) v iv iii ii i
(b) ii iv i iii v
(c) i iv iii ii v
(d) v iv ii iii I

[R.A.S./R.T.S. (Pre) (Re-Exam) 2013]


24. Match the Column A with Column B and select the correct answer using the codes given below :
Column A Column B

Column A Column B
A. National Agricultural Policy 1. 2004
B. Marine Fishing Policy 2. 1978
C. New Foreign Trade Policy 3. 2000
D. Seventh Finance Commission 4. 2014


(a) 2 1 3 4
(b) 4 3 1 2
(c) 1 4 2 3
(d) 3 1 4 2

[56th to 59th B.P.S.C. (Pre) 2015]


25. Name the Governor of the Reserve Bank of India who also became Finance Minister.

(a) H.M. Patel
(b) C.D. Desmukh
(c) C. Subramaniam
(d) Sachin Chaudhari

[U.P.P.C.S. (Pre) 2008]


26. Bimal Jalan will be First head of :

(a) BRICS Development Bank
(b) Expenditure Management Commission
(c) Competition Commission of India
(d) None of the above

[U.P. P.C.S. (Mains) 2014]


27. The two Indian families among the fifty richest in the world according to ‘Forbes billionare list’ are :
1. Ratan Tata
2. Azim Premji
3. Kumar Mangalam (Birla)
4. Dhirubhai Ambani
Select the correct answer from the codes given below:

(a) 1 and 2 are correct
(b) 2 and 3 are correct
(c) 3 and 4 are correct
(d) 2 and 4 are correct

[U.P.P.C.S.(Pre) 2001]


28. Who represented India at the Micro Credit Summit 1997?

(a) Self-Employed Women’s Association
(b) Anganwadi
(c) All India Association of Industries
(d) The Prime Minister

[U.P.P.C.S. (Pre) 1997]


29. Match List I with List II and select the correct answer :

List- I (Businesswoman) List II (Company)
A. Zia Mody 1. Venkateshwara Hatcheries
B. Anuradha J. Desai 2. AZB and Partners
C. Villoo Morawala Patel 3. Quantum Market Research
D. Meena Kaushik 4. Avestha Gangrain Technologies

Codes :

(a) 4 1 5 3
(b) 2 3 4 1
(c) 4 3 5 1
(d) 2 1 4 3

[I.A.S. (Pre) 2005]


30. Consider the following pairs:

1. Ashok Leyland Hinduja Group
2. Hindalco Industries A.V. Birla Group
3. Suzlon Energy Punj Lloyd Group

Which of the pairs given above is/are correctly matched?

(a) 1 and 2 only
(b) 2 only
(c) 1 and 3 only
(d) 1, 2 and 3

[I.A.S. (Pre) 2009]


31. Given below are a few abbreviations and the areas with which they are associated. Match them properly using the given code :

A. OGL, FOB 1. Employment
B. SJRY, TRYSEM 2. External trade
C. WPI, CPI 3. Banking
D. CRR, SLR 4. Index number

Codes :

(a) 2 1 4 3
(b) 2 4 3 1
(c) 4 3 2 1
(c) 3 2 1 4

[U.P.P.C.S. (Mains) 2007]


32. Who among the following is not a member of the Investment Commission formed in December 2004?

(a) Ratan Tata
(b) Deepak Parekh
(c) Ashok Ganguly
(d) Kumarmangalam Birla

[I.A.S. (Pre) 2005]


33. Which among the following statements signifies a ‘Pressure Group’ :

(a) A group that works for social reform
(b) A faction of political party tempting others to secure votes in election
(c) A group that exercises its influence on policy decisions.
(d) A group that works for welfare of the poor

[U.P.P.C.S. (Mains) 2004]


34. Who is the present Chairman of the Indian Prime Minister’s Economic Advisory Council?

(a) Montek Singh Ahluwalia
(b) Dr. C. Rangarajan
(c) K. Raghuram
(d) Deepak Parikh

[M.P.P.C.S. (Pre) 2006]


35. Which one of the following pairs is not correctly matched?

(a) William Dickson: Motion Picture Film
(b) Charles Babbage: Programmable computer
(c) Nicholas Stern: Construction technology
(d) Brian Greene: String theory

[I.A.S. (Pre) 2007]


36. To which place did Ratan Tata decide to move the Nano Project from Singur?

(a) Pithampur
(b) Pune
(c) Sanand
(d) Gopalpur

[M.P.P.C.S. (Pre) 2008]


37. Who is the new Chairman of C.I.I.?

(a) Sunil Bharati
(b) Y.K. Deveshwar
(c) R. Sheshsai
(d) Rahul Bajaj

[M.P.P.C.S. (Pre) 2006]


38. According to ‘The Rich Report 2004’ published by ‘The Mail on Sunday’ the richest person in Asia is :

(a) Anil Ambani
(b) Azim Premji
(c) Lakshmi Mittal
(d) N. R. Narain Murthy

[Uttarakhand P.C.S. (Mains) 2002]


39. The Indian Economist, who is the Nobel Prize Winner, is :

(a) Dr. Manmohan Singh
(b) Amartya Sen
(c) Malthus
(d) None of the above

[Uttarakhand U.D.A./L.D.A. (Pre) 2007]


40. Who among the following was awarded by Nobel Prize for Economics, 2015?

(a) Angus Deaton
(b) Lars Peter Hansen
(c) Paul Modrich
(d) Arthur B. McDonald

[U.P. Lower Sub. (Pre) 2015]


41. Who among the following has authored the book ‘India’s Economic Policy: The Gandhian Blue Print’?

(a) Aacharya Vinoba Bhave
(b) Morarji Desai
(c) Jai Prakash Narayan
(d) Charan Singh

[U.P.P.C.S. (Mains) 2012]


42. Match List-I and List-II and select the correct answer using the codes given below the lists :

List-I List-II
A. Inequality Reexamined 1. Joseph E. Stiglitz
B. The Price of Inequality 2. Thomas Piketty
C. Inequality What Can Be Done 3. Amartya Sen
D. The Economics of Inequality 4. Anthony B. Atkinson

Codes :

(a) 4 3 2 1
(b) 3 4 1 2
(c) 2 3 1 4
(d) 3 1 4 2

[J.P.S.C. (Pre) 2016]


43. The Banaras Hindu University was established by :

(a) Dr. Radhakrishnan
(b) Gandhiji
(c) Malviyaji
(d) None of these

[M.P.P.C.S. (Pre) 1995]


44. Who was the Prime Minister of India when India had to pledge gold in foreign banks?

(a) P.V. Narsimha Rao
(b) V.P. Singh
(c) Rajiv Gandhi
(d) Chandrashekhar

[U.P. U.D.A./L.D.A. (Spl.) (Pre) 2010]


45. Jayant Patil Committee is related to :

(a) control of floods
(b) control of plant diseases
(c) the development of scanty rainfall area
(d) the expansion of hydel power generation capacity

[U.P.P.C.S. (Pre) 1997]


46. With what subject is Raghuram Rajan Committee connected?

(a) Austerity in Government Expenditure
(b) Financial Sector Reforms
(c) Export-Import Balance
(d) Rising in Prices

[U.P.P.C.S. (Mains) 2007]


47. Who among the following released “Citizens’ Guide to fight corruption”?

(a) Ministry of Family Welfare
(b) Consumer Co-operative Societies
(c) Central Vigilance Commission
(d) Transparency International

[M.P.P.C.S. (Pre) 2008]


48. The government of Rajasthan has constituted an organization to advise the government on reforms in economic matters. This organization is named as :

(a) Economic Policy and Reforms Council
(b) Reform Committee on Economic Policy
(c) Council for Economic Reforms
(d) Economic Advisory Committee

[R.A.S./R.T.S.(Pre) 2008]


49. Which of the following Parliamentary Committee scrutinizes the report of the Comptroller and Auditor General (CAG) of India?

(a) Estimate Committee
(b) Assurance Committee
(c) Public Accounts Committee
(d) Standing Committee

[Uttarakhand P.C.S. (Pre) 2010]


50. CAG (Comptroller and Auditor General) of India acts :

(a) as custodian of citizen freedom
(b) as custodian of public fund
(c) as chief legal advisor of Government
(d) as custodian of all of the above

[Uttarakhand U.D.A./L.D.A. (Mains) 2006]


51. Which of the following were underlined by Indian Prime Minister as the Global challenges at the World Economic Forum’s Annual Summit at Davos (Switzerland) on 23rd January, 2018?
1. Climate Change
2. Terrorism

3. Protectionism
4. Cold War

Select the correct answer from the codes given below:
Codes :

(a) 1, 2 and 3 only
(b) 2, 3 and 4 only
(c) 1, 3 and 4 only
(d) 1, 2 and 4 only

[U.P.P.C.S. (Mains) 2017]


52. According to the Index of Government Economic Power (IGEP), India’s rank in 2009 was :

(a) Second
(b) Tenth
(c) Fifth
(d) Sixth

[U.P.P.C.S. (Mains) 2010]


53. Consider the following statements :
1. According to a survey conducted by Uttar Pradesh Planning Department recently, Lucknow has been found to be the most developed.
2. As per recent study conducted in 20 States by the ‘Centre for Media Studies’, corruption in 2005 in India is less than what it was in 2002.
3. As per targets set for Bharat Nirman Yojna, houses to be constructed for the rural poor would not even meet 50% of the shortage of rural houses.
Select the correct answer using the code given below:

(a) 1 and 2 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) All of the three

[U.P.P.C.S. (Pre) 2006]


54. An International Organization ‘Transparency International’ issues Corruption Index every year. Match the years given in List A with India’s ranking given in List-B and select the correct answer

from the codes given below the lists :

List-A List-B
(Year) (India’s Ranking)
A. 2014 1. 87
B. 2012 2. 95
C. 2011 3. 94
D. 2010 4. 85

Codes :

(a) 4 3 2 1
(b) 4 2 3 1
(c) 1 2 4 3
(d) 1 3 2 4

[U.P.P.S.C. (R.I.) 2014]


55. RESIDEX, an index of residential prices in India, was launched in the year

(a) 2001
(b) 2004
(c) 2007
(d) 2008

[U.P.P.C.S. (Mains) 2011]


56. Which right is not provided in the Consumer Protection Act, 1986 of India?

(a) Access to a variety of goods and services at competitive prices
(b) Consumer education
(c) Rebate in rates of goods and services for the weaker sections of the society
(d) Protection from such goods and services which are hazardous to life and property

[M.P.P.C.S. (Pre) 2001]


57. Trade and Merchandise Marks Act was passed in :

(a) 1955
(b) 1956
(c) 1957
(d) 1958

[U.P. P.C.S (Mains) 2016]


58. The POCSO Act is related to :

(a) Oil companies
(b) Children
(c) Civil servants
(d) Oceans

[Uttarakhand P.C.S. (Pre) 2012]


59. The Land Acquisition Bill was passed in Lok Sabha with how many amendments?

(a) 05
(b) 09
(c) 10
(d) 11

[R.A.S./R.T.S. (Pre) (Re- Exam) 2013]


60. The new government at the Centre has recently ratified the Marrakesh Treaty. This treaty aims at :

(a) Developing Marine Living resources
(b) Regulating air transport services
(c) Promotion of access to published works by visually impaired persons and persons with print disabilities
(d) Promoting studies in cell-biology

[Uttarakhand P.C.S. (Pre) 2012]


61. With reference to India, consider the following Central Acts :
1. Import and Export (Control) Act, 1947
2. Mining and Mineral Development (Regulation) Act 1957
3. Customs Act, 1962
4. Indian Forest Act, 1927
Which of the above Acts have relevance to/bearing on the biodiversity conservation in the country?

(a) 1 and 3 only
(b) 2, 3 and 4 only
(c) 1, 2, 3 and 4
(d) None of the above

[I.A.S. (Pre) 2011]


62. The Indian Patents Act came into force in :

(a) 1970
(b) 1971
(c) 1972
(d) 1973

[U.P.R.O./A.R.O. (Mains) 2014]


63. The Patents (Second Amendment) Bill was finally passed by the Indian Parliament in :

(a) 1999
(b) 2000
(c) 2001
(d) 2002

[U.P.P.C.S. (Mains) 2002]


64. World Consumer Rights Day is celebrated on :

(a) March 15
(b) April 18
(c) September 27
(d) December 10

[Jharkhand P.C.S. (Pre) 2013]


65. Which one of the following brings out the publication called ‘Energy Statistics’ from time to time?

(a) Central Power Research Institute
(b) Planning Commission
(c) Power Finance Corporation Ltd.
(d) Central Statistical Organization

[I.A.S. (Pre) 2009]


66. According to the report of CAG appearing in the year 2000, per capita annual allocation of Kerosene oil to the following States was the lowest in the country.
Select the correct answer from the codes given below:
1. U.P., Rajasthan, M.P.
2. Odisha, Bihar
3. Gujarat, Goa
4. Punjab, Maharashtra, Delhi
Codes :

(a) 1 and 2
(b) 1 and 3
(c) 1 and 4
(d) 2 and 3

[U.P.P.C.S.(Pre) 2001]


67. In which of the following States ‘Bahini Darbar’ a monthly newspaper, by the women and for the women is published?

(a) West Bengal
(b) Jharkhand
(c) Maharashtra
(d) Madhya Pradesh

[U.P.P.C.S. (Pre) 2014]


68. According to estimates made in 2013-14, which of the following countries has maximum green house gas emission?

(a) USA
(b) Germany
(c) India
(d) China

[U.P.P.S.C. (R.I.) 2014]


69. From which year Sixth Pay Commission report has been implemented?

(a) 2006
(b) 2005
(c) 2007
(d) 2008

[Uttarakhand U.D.A./L.D.A. (Pre) 2007]


70. Indian Institute of Carpet Technology has been established in which of the following districts of Uttar Pradesh?

(a) Agra
(b) Mirzapur
(c) Moradabad
(d) Sant Kabir Nagar

[U.P. U.D.A./L.D.A. (Pre) 2006]


71. V.V. Giri National Labour Institution is located at :

(a) Noida
(b) New Delhi
(c) Ghaziabad
(d) Gurugram

[U.P.P.C.S. (Mains) 2017]


72. The National Centre for Agricultural Economics and Policy Research is located at :

(a) New Delhi
(b) Kolkata
(c) Hyderabad
(d) Bhopal

[U.P. Lower Sub. (Pre) 2013]


73. State and National Land Use Board and the National Land Resources Conservation and Development Commission are mainly concerned with the problems related to :

(a) International water disputes
(b) Proper use of barren land
(c) Identification of cultivable land and its development
(d) Erosion and degradation of the land and soil

[R.A.S./R.T.S. (Pre) 1993]


74. Consider the following statements :
1. The Finance Commission is a non-statutory body.
2. The Planning Commission is a statutory body.
3. R.B.I. was nationalized on 26.01.1949.
Which of the above statements is/are correct?

(a) Only 1 is correct
(b) Only 3 is correct
(c) 1 and 2 are correct
(d) None of the above

[U.P. Lower Sub. (Pre) 2009]


75. In the context of global economy which one of the following pair is not correctly matched?

(a) JP Morgan Chase – Financial Services
(b) Roche Holding AG – Financial Services
(c) WL Ross & Co. – Private Equity Firm
(d) Warburg Pincus – Private Equity Firm

[I.A.S. (Pre) 2009]


76. In which of the following years National Water Development Agency was established?

(a) 1969
(b) 1970
(c) 1980
(d) 1990

[M.P.P.C.S. (Pre) 2006]


77. Entrepreneurial Development Institute of India is located in :

(a) Ahmedabad
(b) Chennai
(c) Mumbai
(d) New Delhi

[U.P.P.C.S. (Mains) 2011]


78. National Institute for Entrepreneurship and Small Business Development is situated at :

(a) New Delhi
(b) Noida
(c) Bengaluru
(d) Hyderabad

[U.P.P.C.S. (Mains) 2015]


79. Where is Indira Gandhi Rashtriya Manav Sangrahalaya located?

(a) Delhi
(b) Bhopal
(c) Lucknow
(d) Calcutta

[M.P.P.C.S. (Pre) 2000, M.P.P.C.S. (Pre) 1999]


80. Swadesh Darshan Scheme launched by Government of India does not include development of which of the following tourist circuit?

(a) Heritage circuit
(b) Sufi circuit
(c) Ramayana circuit
(d) Coastal circuit

[U.P.P.C.S. (Pre) 2017]


81. Which among the following statements are true about ‘Urja Ganga’ project?
1. It is a gas pipeline project.
2. It was launched in October 2016.
3. It runs from Iran to India.
Choose the correct answer from the code given below :
Codes :

(a) Only 2 and 3 are correct
(b) Only 1 and 2 are correct
(c) Only 1 and 3 are correct
(d) All 1, 2 and 3 are correct

[U.P.P.C.S. (Pre) 2017]


82. On which of the following can you find the Bureau of Energy Efficiency Star Label?
1. Ceiling fans
2. Electric geysers
3. Tubular fluorescent lamps
Select the correct answer using the code given below.

(a) 1 and 2 only
(b) 3 only
(c) 2 and 3 only
(d) 1, 2 and 3

[I.A.S. (Pre) 2016]


83. Which one of the following is a purpose of ‘UDAY’, a scheme of the Government?

(a) Providing technical and financial assistance to startup entrepreneurs in the field of renewable sources of energy
(b) Providing electricity to every household in the country by 2018
(c) Replacing the coal-based power plants with natural gas, nuclear, solar, wind and tidal power plants over a period of time
(d) Providing for financial turnaround and revival of power distribution companies

[I.A.S. (Pre) 2016]


84. With reference to Power Sector in India, consider the following statements:

1. Rural electrification has been treated as a Basic Minimum Service under the Prime Minister’s Gramodaya Yojana.
2. 100 percent Foreign Direct Investment in power is allowed without upper limit.
3. The Union Ministry of Power has signed a Memorandum of Understanding with 14 States.

Which of these statements is/are correct?

(a) 1 only
(b) 1 and 2 only
(c) 2 and 3 only
(d) 3 only

[I.A.S. (Pre) 2002]