Quiz-summary
0 of 5 questions completed
Questions:
- 1
- 2
- 3
- 4
- 5
Information
Dear students,
1. In the comments section, share your score and also let everyone know the logic you’ve used to mark certain answers. This will trigger intelligent discussions benefitting everyone.
2. Completing the test should be your top priority. Focus on accuracy rather than simply attempting more questions. Give enough thought to each question, we have increased the time limit so you can do this.
3. At the end of the test, click on ‘View Questions’ button to check the solutions.
*You can attempt the test multiple times for your own practice but only your first attempt will be counted for rankings.
You have already completed the quiz before. Hence you can not start it again.
Quiz is loading...
You must sign in or sign up to start the quiz.
You have to finish following quiz, to start this quiz:
Results
0 of 5 questions answered correctly.
Time has elapsed
You have reached 0 of 0 points (0).
| Average score |
|
| Your score |
|
Categories
- Not categorized 0%
| Pos. | Name | Entered on | Points | Result |
|---|---|---|---|---|
| Table is loading | ||||
| No data available | ||||
- 1
- 2
- 3
- 4
- 5
- Answered
- Review
-
Question 1 of 5
1. Question
1 pointsAn economy is said to have reached its highest possible efficiency when
Correct
Economic efficiency is when every scarce resource in an economy is used and distributed among producers and consumers in a way that produces the most economic output and benefit to consumers. Economic efficiency can involve efficient production decisions within firms and industries, efficient consumption decisions by individual consumers, and efficient distribution of consumer and producer goods across individual consumers and firms.
Incorrect
Economic efficiency is when every scarce resource in an economy is used and distributed among producers and consumers in a way that produces the most economic output and benefit to consumers. Economic efficiency can involve efficient production decisions within firms and industries, efficient consumption decisions by individual consumers, and efficient distribution of consumer and producer goods across individual consumers and firms.
-
Question 2 of 5
2. Question
1 pointsWhich of the following reduce accumulation of capital stock in the economy?
1. Depreciation of assets
2. Spending on infrastructure rather than capacity building of financial institutions
Which of the above statements is/are correct?Correct
Statement 1: Depreciation is the gradual decrease in the economic value of the capital stock of a firm, nation or other entity. It can happen either by physical depreciation like wear and tear or obsolescence or by changes in the demand for the services of the capital in question.
Statement 2: Capital stock is anything that adds to the productive capacity of the economy. Spending on infrastructure actually increase the capital stock of the nation.Incorrect
Statement 1: Depreciation is the gradual decrease in the economic value of the capital stock of a firm, nation or other entity. It can happen either by physical depreciation like wear and tear or obsolescence or by changes in the demand for the services of the capital in question.
Statement 2: Capital stock is anything that adds to the productive capacity of the economy. Spending on infrastructure actually increase the capital stock of the nation. -
Question 3 of 5
3. Question
1 pointsInternational capital flows have been uncertain and volatile, causing exchange rate and balance of payment crises. Among the various sources of external capital available to India which source is most preferable one?
Correct
FDI is one of the reliable type of investment. FDI investment setup business in an economy, provide jobs and increase economic activities.
Incorrect
FDI is one of the reliable type of investment. FDI investment setup business in an economy, provide jobs and increase economic activities.
-
Question 4 of 5
4. Question
1 pointsConsider the following statements regarding Participatory notes.
1. Participatory notes are instruments used for making investments in the stock markets.
2. It is issued by a registered foreign institutional investor (FII) to an overseas investor.
3. It is mandatory for an overseas investor to register themselves with SEBI.
Which of the above statements is/are correct?Correct
A participatory note, commonly known as a P-note or PN, is an instrument issued by a registered foreign institutional investor (FII) to an overseas investor who wishes to invest in Indian stock markets without registering themselves with the market regulator, the Securities and Exchange Board of India (SEBI).
Incorrect
A participatory note, commonly known as a P-note or PN, is an instrument issued by a registered foreign institutional investor (FII) to an overseas investor who wishes to invest in Indian stock markets without registering themselves with the market regulator, the Securities and Exchange Board of India (SEBI).
-
Question 5 of 5
5. Question
1 pointsConsider the following statements about European Bank for Reconstruction and Development (EBRD).
1. The European Bank for Reconstruction and Development (EBRD) is an international financial institution that supports projects from eastern Europe to central Asia and the southern and eastern Mediterranean.
2. The mandate of the EBRD stipulates that it must only work in countries that are committed to democratic principles.
3. India is yet to join European Bank for Reconstruction and Development (EBRD).
Which of the above statements is/are correct?Correct
India has joined the European Bank for Reconstruction and Development (EBRD) as the 69th shareholder, paving
the way for more joint investment with Indian companies across the EBRD’s regions.
Membership of EBRD would enhance India’s international profile and promote its economic interests.
It will also give access to EBRD’s Countries of Operation and sector knowledge. The European Bank for Reconstruction and Development (EBRD) is an international financial institution that supports projects in over 30 countries, from eastern Europe to central Asia and the southern and eastern Mediterranean.
Investing primarily in private sector clients whose needs cannot be fully met by the market, the EBRD promotes entrepreneurship and fosters transition towards open and democratic market economies.Incorrect
India has joined the European Bank for Reconstruction and Development (EBRD) as the 69th shareholder, paving
the way for more joint investment with Indian companies across the EBRD’s regions.
Membership of EBRD would enhance India’s international profile and promote its economic interests.
It will also give access to EBRD’s Countries of Operation and sector knowledge. The European Bank for Reconstruction and Development (EBRD) is an international financial institution that supports projects in over 30 countries, from eastern Europe to central Asia and the southern and eastern Mediterranean.
Investing primarily in private sector clients whose needs cannot be fully met by the market, the EBRD promotes entrepreneurship and fosters transition towards open and democratic market economies.
Leaderboard: 29th May 2023 | Prelims Daily with Previous Year Questions
| Pos. | Name | Entered on | Points | Result |
|---|---|---|---|---|
| Table is loading | ||||
| No data available | ||||
UPSC 2023 countdown has begun! Get your personal guidance plan now! (Click here)
