Previous year MCQs

Economy UPPSC 2009 GS-I
Question

India in recent past has succeeded in attracting large foreign investments in

1. Life Insurance Business
2. Services sector
3. Computer software and hardware
4. Trading
5. Telecommunications
6. Automobile industry

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

Answer & Solution

Answer: (Detailed Solution Below)

Option D: 2, 3, 4, 5 and 6

Detailed Solution:

The correct answer is “2, 3, 4, 5 and 6”.
Top 5 sectors receiving highest FDI Equity Inflow during FY 2023-24 are:

1) Services Sector (Finance, Banking, Insurance, Non Fin/ Business, Outsourcing, R&D, Courier, Tech. Testing and Analysis, Other) (16%)
2) Computer Software & Hardware (15%)
3) Trading (6%)
4) Telecommunications (6%)
5) Automobile Industry (5%).

Similar Questions:

The reason for increase in price of food grain distributed through public distribution system is to:
  1. A) Allow farmers to receive remunerative prices
  2. B) To control the consumption of food grain
  3. C) Lessen the burden of subsidy involved in scheme
  4. D) Earn profit out of scheme
Open-market operations of Reserve Bank of India refer to
  1. A) trading in securities
  2. B) auctioning of Foreign Exchange
  3. C) transaction in gold
  4. D) none of the above
If x = 5, y = 3, the value of (x^3 - y^3 / x^2 - y^2) - 3xy/x+y
  1. A) 5/2
  2. B) 3/2
  3. C) 1/2
  4. D) 1
Which of the following committees was set up in India for identification of BPL families in Urban Areas?
  1. A) Tendulkar Committee
  2. B) Saxena Committee
  3. C) Lakdawala Committee
  4. D) Hashim Committee
In U.P., the famous pilgrim centre of both Jain and Bauddha Dharma is:
  1. A) Sarnath
  2. B) Kushinagar
  3. C) Kausambi
  4. D) Devipatan
Which one of the following is not included in the "National Food Security Missions"?
  1. A) Oil seeds
  2. B) Wheat
  3. C) Rice
  4. D) Pulses
Which among the following in India is the Nodal agency for estimation of poverty at the national and state level ?
  1. A) Finance Commission
  2. B) Rural Ministry
  3. C) Home Ministry
  4. D) Planning Commission
The cause of Low productivity in Indian agriculture is:
  1. A) More people than required are engaged in agricultural work
  2. B) Small size of holding
  3. C) Backward or old technology of production
  4. D) All of the above
Given below are two statements, one is labelled as Assertion (A) and the other as Reason (R).

Assertion (A): Development is being defined as improving living standards and welfare.
Reason (R): Growth in per capita income is not a sufficient measure of development.

Select the correct answer from the codes given below:
  1. A) Both (A) and (R) are true and (R) is the correct explanation of (A)
  2. B) (A) is false, but (R) is true
  3. C) Both (A) and (R) are true, but (R) is not the correct explanation of (A)
  4. D) (A) is true, but (R) is false
Assertion (A): Indian economy has moved to a higher average GDP growth rate in the last 15 years.
Reason (R): The saving ratio has consistently increased in this period.

Code:
  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
PAN card issued by an Income Tax Department can not be used for which of the following purposes?
  1. A) As the proof of Address
  2. B) Proof of identification
  3. C) Registered taxpayer proof
  4. D) Date of birth proof
Consider the following statements and select the correct answer using the code given below:

Assertion (A): Educated unemployment increases with high rate of economic growth.
Reason (R): It happens only when there is lack of professional education.

Code:
  1. A) Both A and R are correct and R is the correct explanation of A
  2. B) Both A and R are correct 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