Previous year MCQs

Economy UPPSC 2009 GS-I
Question

Balance of Payment includes

Answer & Solution

Answer: (Detailed Solution Below)

Option D: All the above

Detailed Solution:

The correct answer is “All the above”.

The balance of payment (BOP) includes all of the above: visible trade, invisible trade, and debts.

The balance of payments summarises the economic transactions of an economy with the rest of the world. These transactions include exports and imports of goods, services and financial assets, along with transfer payments (like foreign aid).

Similar Questions:

The value of 2 /3 * 5 /6 + 4/9 - 3/4 + 2/9 * 5/9 % 2/9 will be:
  1. A) 3/4
  2. B) 8/9
  3. C) 53/54
  4. D) 29/36
When soggy biscuits are kept inside the fridge for sometime they become crisp because
  1. A) cooling releases extra moisture
  2. B) humidity inside the fridge is low and extra moisture is absorbed
  3. C) humidity inside the fridge is high and extra, moisture is absorbed
  4. D) pressure inside the fridge is high and helps in releasing extra moisture.
Planning was considered a prerequisite

1. for balanced socio-economic development.
2. for extending the benefits of development in an even manner.
3. for focussing on removal of regional disparities.
4. for maximizing the utilization of available resources.

Select the correct answer from the codes given below:
Codes:
  1. A) l and 2
  2. B) 1, 2 and 3
  3. C) 2, 3 and 4
  4. D) All the four
Centre-State relations in India are dependent upon

1. Constitutional provisions
2. Conventions and practices
3. Judicial interpretations
4. Mechanisms for dialogue

Select the correct answer from the codes given below:
  1. A) 1 and 2
  2. B) 1,2 and 3
  3. C) 2, 3 and 4
  4. D) All the four
The Dependency Ratio in India is declining because:
  1. A) Population of 0-14 years is relatively high
  2. B) Population of 60 years and above is relatively high
  3. C) Population of 15-59 years is relatively high
  4. D) Population of 0-14 years and 60 years and above together are relatively high
Given below are two statements, one is labelled as Assertion (A) and the other as Reason (R)

Assertion (A): There is a positive relation between Human Development Index (HDI) and Sustainable Development Goals (SDG) ranking of Indian State.
Reason (R): The underlying dimension of SDG targets are closely related to education and health aspect.

Select the correct answer from the codes given below:
Codes:
  1. A) Both (A) and (R) are true and (R) is the correct explanation of (A)
  2. B) Both (A) and (R) are true but (R) is not the correct explanation of (A)
  3. C) (A) is true, but (R) is false
  4. D) (A) is false, but (R) is true
Who of the following Mughal Emperors was coronated twice?
  1. A) Akbar
  2. B) Jahangir
  3. C) Shahjahan
  4. D) Aurangzeb
A labour intensive industry is one that
  1. A) Requires hard manual labour
  2. B) Pays adequate wages to the labour
  3. C) Employs more hands
  4. D) Provides facilities to labour
Which of the following items of works are included in Bharat Nirman? Find your answer with the help of given codes.

1. Accelerated irrigation benefits programme.
2. Inter-linking of River projects.
3. Scheme for repair, renovation and restoration of water bodies.
4. Rehabilitation of displaced persons due to irrigation projects.
  1. A) Only 1 and 2
  2. B) 1, 2 and 4 only
  3. C) 1, 2 and 3 only
  4. D) All the four
Which one of the particles, claimed to have been discovered, can put Albert Einstein's theory of Relativity to the risk of being proved wrong?
  1. A) Microwave photons
  2. B) Neutrinos
  3. C) Liquid crystal
  4. D) Light emitting diodes
The slogan of "poverty eradication" was given in the five year plan of:
  1. A) Second five year plan
  2. B) Fourth five year plan
  3. C) Fifth five year plan
  4. D) Sixth five year plan
The largest sources of tax revenue to the Central Government of India are:
  1. A) Union excise duties and corporate tax
  2. B) Custom duty and corporate tax
  3. C) Union excise duty and custom duty
  4. D) Custom duty and income tax