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UPSC Civil services Entrance exams Civil Services Aptitude Test (CSAT) Economics TEST : 108

UPSC Civil services Entrance exams Civil Services Aptitude Test (CSAT) # Economics Introduction to Index Number Prepare / Learn

Q1. From the following which is not a problem in the construction of Index numbers?

A. selection of base

B. understanding of the purpose

C. selection of commodities

D. selection of price

Answer : Option D
Explaination / Solution:
No Explaination.

UPSC Civil services Entrance exams Civil Services Aptitude Test (CSAT) # Economics Human Capital Formation in India Prepare / Learn

Q2. Navodaya Vidyalayas were established to give modern education of a good standard, to talented students in

A. Rural areas

B. Urban areas

C. None

D. Both

Answer : Option A
Explaination / Solution:

Navodaya Vidyalayas cater to the rural talent in India. They are established in every district with the purpose of providing a level playing ground to the children of the rural areas.

UPSC Civil services Entrance exams Civil Services Aptitude Test (CSAT) # Economics Organisation of Data Prepare / Learn

Q3. In a manifold table we have data on _______

A. More than three character

B. More than one character

C. Only one character

D. More than two character

Answer : Option B
Explaination / Solution:

Manifold data table explains more than three characteristics of the data.

UPSC Civil services Entrance exams Civil Services Aptitude Test (CSAT) # Economics Inflation: Problem and Policies Prepare / Learn

Q4. Which is not true about inflation

A. None

B. Real increase fall

C. Purchasing power fall

D. Nominal income increase

Answer : Option D
Explaination / Solution:
No Explaination.

UPSC Civil services Entrance exams Civil Services Aptitude Test (CSAT) # Economics Forms of Market and Price Determination Prepare / Learn

Q5. What should firm do when marginal revenue is greater than marginal cost?

A. Firms should expand output

B. Effect should be made to make them equal

C. All of above

D. Prices should be covered down

Answer : Option A
Explaination / Solution:
No Explaination.

UPSC Civil services Entrance exams Civil Services Aptitude Test (CSAT) # Economics Determination of Income and Employment Prepare / Learn

Q6. What can be the minimum value of the investment multiplier?

A. 0

B. 1.0

C. 2

D. 3

Answer : Option B
Explaination / Solution:
No Explaination.

UPSC Civil services Entrance exams Civil Services Aptitude Test (CSAT) # Economics Indian Economy on the Eve of Independence Prepare / Learn

Q7. Largest share of work force which was 72% was engaged in

A. None of these

B. Tertiary sector

C. Secondary sector

D. Primary sector

Answer : Option C
Explaination / Solution:

Agriculture was the main occupation of India on the eve of independence.Largest share of work force which was about 72% was engaged in Primary secor

UPSC Civil services Entrance exams Civil Services Aptitude Test (CSAT) # Economics Presentation of Data Prepare / Learn

Q8. Graphic presentation of a cumulative frequency distribution is

A. Histogram

B. Ogive

C. Pictograph

D. Frequency Polygon

Answer : Option B
Explaination / Solution:

Ogive is also called cumulative frequency curve. As there are two types of cumulative frequencies, for example "less than" type and "more than" type, accordingly there are two ogives for any grouped frequency distribution data.

UPSC Civil services Entrance exams Civil Services Aptitude Test (CSAT) # Economics Rural Development Prepare / Learn

Q9. ___ is build up in the years of surplus production and is used during shortage

A. None

B. Minimum support price

C. Public Distribution system

D. Buffer stock

Answer : Option D
Explaination / Solution:

These stocks are used, for PDS so that poorer sections of the society have an easy access to these things.

UPSC Civil services Entrance exams Civil Services Aptitude Test (CSAT) # Economics Development Experience Of India a Comparison with Neighbors Prepare / Learn

Q10. Which of the following are regional and economic groups? (i) SAARC (ii) GLF (iii) ASEAN (iv) G-8

A. II,III,IV

B. I,II,IV

C. I,III,IV

D. I,II,III

Answer : Option C
Explaination / Solution:

The South Asian Association for Regional Cooperation (SAARC) is the regional intergovernmental organisation and geopolitical union of nations in South Asia. Its member states include Afganistan, Bangladesh, Bhutan, India, Nepal, the Maldives, Pakistan and Sri Lanka.

The GLF program started in 1958 sought to increase the productivity through increased socialist organisation of the rural economy, ie., rural people's communes and producer's co-operatives.

The Association of Southeast Asian Nations is a regional intergovernmental organisation comprising ten South Asian states which promotes Pan-Asianism, intergovernmental cooperation and facilitates economic, political, military, educational and cultural integration amongst its members and Asian States.

The Group of Eight (G8) refers to the group of eight highly industrialized nations—France, Germany, Italy, the United Kingdom, Japan, the United States, Canada, and Russia—that hold an annual meeting to foster consensus on global issues like economic growth and crisis management, global security, energy, and terrorism.

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UPSC Civil services Entrance exams Civil Services Aptitude Test (CSAT) Economics TEST : 108