All practice questions

When the Reserve Bank of India (RBI) increases the Cash Reserve Ratio (CRR) applicable to commercial banks, what is the immediate impact on the liquidity available in the banking system?

With reference to the planning framework adopted following the abolition of Five-Year Plans in India, consider the following statements:

1. The 3-Year Action Agenda was designed to align with the award period of the Fourteenth Finance Commission.
2. NITI Aayog possesses statutory authority to allocate central financial grants to states based on the evaluation of Action Agendas.
3. The Governing Council of NITI Aayog excludes State Chief Ministers, functioning solely through union cabinet ministers.

Which of the statements given above is/are correct?

A major cash crop in India requires high temperatures ranging between $24^\circ\text{C}$ and $35^\circ\text{C}$, relative humidity around $80\%$-$90\%$, annual rainfall exceeding $150\text{ cm}$, and fertile, well-drained silt loam alluvial soils that receive annual nutrient replenishment from river floods. Which of the following commercial crops best matches these specific agro-climatic conditions?

In Indian public finance, Part XII of the Constitution governs Centre-State financial relations, assignment of taxation powers, and fiscal transfers. Match the Constitutional Articles in List I with their corresponding financial provisions in List II.

Which flagship skill certification scheme was launched by the Ministry of Skill Development and Entrepreneurship (MSDE) to enable Indian youth to take up industry-relevant skill training?

With reference to the Pallava rock-cut architectural monuments at Mamallapuram (Mahabalipuram), consider the following statements:

1. The Pancha Rathas are monolithic shrines excavated from granite outcrops during the reign of King Narasimhavarman I (Mamalla).
2. The Dharmaraja Ratha features a square plan with a multi-tiered pyramidal Vimana, serving as a prototype for the mature Dravida architectural style.
3. The Draupadi Ratha is designed in the shape of a simple wooden hut with a thatched roof (Kutagara structure) and is dedicated to Goddess Durga.

Which of the statements given above are correct?

Match each Constitutional Authority/Body in List-I with its corresponding Constitutional Provision or Operational Framework in List-II:

Match the 19th-century tribal and regional uprisings listed in List-I with their primary leaders listed in List-II:

Consider the following statements regarding the Purvanchal (Eastern Hills) physiographic region of India:

1. The Patkai Bum, Naga Hills, and Mizo Hills form part of the Purvanchal range aligned along India's eastern border.
2. Structurally, these hills are composed primarily of Pre-Cambrian plutonic granitic basement rocks.
3. The Manipur valley, surrounded by these hills, features an intermontane basin containing Loktak Lake with floating vegetation masses known as 'phumdis'.

Which of the statements given above is/are correct?

Under Article 200 of the Constitution of India, in which of the following circumstances is the Governor constitutionally obligated (mandatory) to reserve a Bill passed by the State Legislature for the consideration of the President?

Consider the following statements regarding the Constitutional framework of fiscal federalism and tax revenue distribution between the Union and the States in India:

1. The net proceeds of cesses and surcharges levied by the Union Government under Article 271 form an integral part of the divisible pool redistributed among States based on Finance Commission recommendations.
2. Under Article 269A, Goods and Services Tax (GST) on supplies in the course of inter-State trade or commerce is levied and collected by the Government of India and apportioned between the Union and the States.
3. According to Article 270, all taxes and duties levied and collected by the Union, except those specified in Articles 268, 269, and 269A, and statutory surcharges/cesses, are distributed between the Union and the States.

Which of the statements given above are correct?

The Vallarpadam International Container Transshipment Terminal (ICTT), commissioned to handle mainline container vessels locally and reduce India's dependence on foreign transshipment hubs like Colombo and Singapore, is situated at which of the following major ports of India?

With reference to the financial relations between the Union and the States under the Constitution of India, consider the following statements:

1. Statutory grants under Article 275 are given to specific States in need of assistance on the recommendation of the Finance Commission and are charged on the Consolidated Fund of India.
2. Discretionary grants under Article 282 allow both the Union and the States to make grants for any public purpose, even if that purpose is outside their legislative jurisdiction.
3. Unlike statutory grants under Article 275, discretionary grants under Article 282 are not charged on the Consolidated Fund of India and are subject to regular budgetary appropriations.

Which of the statements given above are correct?

Consider the following statements regarding the Public Funds of India under the constitutional framework of public finance:

1. Parliamentary authorization is mandatory for all withdrawals made from the Consolidated Fund of India as well as the Public Account of India.
2. The Contingency Fund of India is placed at the disposal of the President of India to meet unforeseen expenditure pending authorization by Parliament.
3. National Small Savings Fund deposits, provident fund receipts, and judicial deposits are credited to the Public Account of India.

Which of the statements given above is/are correct?

National income estimation in India has evolved through significant individual scientific contributions, institutional setups, and major methodological revisions. Arrange the following historical milestones in the evolution of National Income Accounting in India in correct chronological order from the earliest to the latest.

Consider the following statements regarding demographic indicators, official employment metrics, and skill development initiatives in India:

1. The demographic dividend phase is mathematically reflected by a declining Total Dependency Ratio, which occurs when the proportion of the working-age population ($15-64$ years) increases relative to the dependent age groups ($0-14$ and $65+$ years).
2. Under the Periodic Labour Force Survey (PLFS) framework, the Worker Population Ratio (WPR) is defined as the percentage of employed persons relative to the total labor force.
3. The National Apprenticeship Promotion Scheme (NAPS) is administered by the Ministry of Skill Development and Entrepreneurship (MSDE) and provides financial co-sharing of stipends to encouraging establishments.

Which of the statements given above are correct?

In a sample economy comprising $5$ individuals, the daily per capita consumption expenditures are recorded as $₹20$, $₹30$, $₹40$, $₹50$, and $₹110$. The official poverty line for this economy is established at $₹50$ per day. What is the Poverty Gap Index ($PGI$) of this economy, expressed as a percentage?

Vegetation distribution across India is primarily determined by rainfall thresholds. Arrange the following natural vegetation types in ascending order of their average annual rainfall requirements:

Match the Reserve Bank of India (RBI) monetary policy instruments in List I with their correct operational descriptions in List II.

Chronologically arrange the following historical milestones and policy initiatives related to Indian economic planning and structural reforms from the earliest to the latest: