Prelims Marathon – Indian Economy – August- 10 -2022

Which of the following has been recommended to be the part of regulatory architecture of Financial Sector Legislative Reforms Commission?
1. Unified Financial Regulator
2. Unified Capital markets regulator
3. Financial Sector Appellate Tribunal
4. Financial Redressal Agency
Select the correct answer using the codes given below:

Fiscal Consolation in India includes:
1. Elimination of tax exemptions.
2. Cutting out non-essential and unproductive activities.
3. Reduction of time and cost overruns on projects.
4. Tax reforms on direct taxes only.
Which of the above elements are correct?

Which of the following statements defines the advantages of gender budgeting?
1. It helps in identifying the felt needs of women and reprioritizing and/or increasing expenditure to meet these needs.
2. It helps in strengthening civil society participation in economic policymaking.
3. It helps in tracking public expenditure against gender and development policy commitments.
Select the correct answer using the codes given below:

Which of the following statements regarding frictional unemployment is correct?

The 12th Five Year Plan has emphasized on a shift from primary agriculture to secondary agriculture in the country. What are the main advantages offered by the secondary agriculture over primary agriculture?
1. Increase in production
2. Adds value
3. Creates jobs
4. Reduces pollution
Select the correct answer using the codes given below:

Priority sector lending scheme is a policy of providing a specified portion of bank lending to the important sectors of the economy. Which of the following areas are covered under priority sector lending?
1. Small-scale industrial loans.
2. Small road and water transport operators.
3. Professional and self-employed.
Select the correct answer using the codes given below:

Which of the following are considered as critical objectives for environment and development policies that follow from the concept of sustainable development?
1. Changing the quality of growth
2. Ensuring a sustainable level of population.
3. Merging environment and economics in decision making.
Select the correct answer using the codes given below:

Which of the following National Health Programmes come under the umbrella of National Rural Health Mission (NRHM)?
1. National Vector Borne Disease Control Programme.
2. National Leprosy Eradication Programme.
3. National Programme for Control of Blindness
4. National Iodine Deficiency disorder Control Programme.
5. National programme for Prevention and Control of Cancer.
Codes:

Consider the following statements about the inflation:
1. Creditors lose and debtors gain in the condition of inflation.
2. It makes corporations and consumers less likely to spend.
3. Domestic products become more competitive due to inflation.
Which of the statements given above is/are correct?