UPSC Prelims Marathon 18th March – Economic Reforms – 2024

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We are posting prelims marathon MCQs for today. In this initiative, you can attempt 10 subjective MCQs daily. Daily Quiz UPSC Prelims Marathon 18 Mar Economic Reforms

 For schedule, refer to the archive link given below. Best UPSC institute In Delhi,

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Correct Answer : 2

Wrong Answer : -0.66

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Time Left :5

Question No. 1

Which of the following term denotes “generally the satisfaction of a greater proportion of a country’s total demand for goods through its own domestic production”?

AImport substitution

BSterilization

CMarket access

DOpen economy

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Question No. 2

The term “Washington consensus” often seen in news related to?

AMigration of species

BEconomic reforms

CSustainable development

DVaccine development

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Question No. 3

Consider the following statements regarding “Off-Budget Borrowings (OBB)”:
1.They refer to borrowings that are reflected in the budget.
2.They are taken not by the government directly but by another public institution on its direction.
Which of the statements given above is/are correct?

A1 only

B2 only

CBoth 1 and 2

DNeither 1 nor 2

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Question No. 4

Which of the following is/are part of capital account of “Current Account Deficit”?
1.Money
2.Stocks
3.Bonds
How many of the statements given above are correct?

AOnly one

BOnly two

COnly three

DNone

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Question No. 5

Which of the following is/are reason/s for the high current account deficit?
1.Lower trade deficit
2.Increase in services receipts
3.Rising Oil Prices
How many of the statements given above are correct?

AOnly one

BOnly two

COnly three

DNone

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Question No. 6

Consider the following statements:
1.Cash Management Bills (CMBs) are issued for maturities more than 91 days.
2.Treasury Bills (T – Bills) are long term debt instruments issued by the Centre.
Which of the statements given above is/are correct?

A1 only

B2 only

CBoth 1 and 2

DNeither 1 nor 2

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Question No. 7

Consider the following statements regarding “GST Network (GSTN)”:
1.It is a not-for-profit company.
2.It was created to provide the IT backbone for the GST system.
Which of the statements given above is/are correct?

A1 only

B2 only

CBoth 1 and 2

DNeither 1 nor 2

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Question No. 8

Which of the following is “refers to tax levied on capital raised by unlisted companies”?

ATobin tax

BLaffer tax

CAngel tax

DSin tax

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Question No. 9

Which of the following indicator/s is/are used in Periodic Labor Force Survey (PLFS)?
1.Labor Force Participation Rate
2.Worker Population Ratio
3.Unemployment Rate
How many of the statements given above are correct?

AOnly one

BOnly two

COnly three

DNone

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Question No. 10

The “Bhitarkanika National Park” is often seen in news located at?

AAndhra Pradesh

BOdisha

CTamil Nadu

DKerala

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