(Papers) : IIT Madras HSEE Papers-2020
(General Studies-Indian Economy)

73. Which of the following would lead to a shift in the demand curve?
(a) Increase in the price of the goods
(b) Change in the price of other goods
(c) Decrease in the price of the goods
(d) All of the above
74. The expenditure on a good would change in the opposite direction as the price change if
(a) the good is price elastic
(b) the good is price inelastic
(c) the good is price constant
(d) the good is price indeterminate
75. Imposition of price ceiling below the equilibrium price leads to
(a) excess demand
(b) excess supply
(c) no change in demand
(d) none of the options
76. Speculative demand for money is
(a) directly related to interest rate
(b) inversely related to interest rate
(c) neutral to interest rate
(d) proportional to interest rate
77. Which of the following is NOT an instrument of monetary policy of the RBI?
(a) Open market operations
(b) Varying cash reserve ratio
(c) Varying government purchase
(d) Varying the bank rate
78. Net foreign portfolio investments are recorded in the ______ account of India’s balance of payments
(a) trade account
(b) current account
(c) capital account
(d) reserves account
79. According to 2011 census, sex ratio is ______ females per thousand males
(a) 927
(b) 933
(c) 940
(d) 950
80. ______ is a payments bank
(a) Airtel bank
(b) Bandhan bank
(c) Indusind bank
(d) Yes bank
81. Total fertility rate (TFR) refers to
(a) Number of live births by a woman at the time of census
(b) Number of live births by a woman during the entire reproductive period
(c) Number of live births by a woman in a decade
(d) Number of live births by a woman adjusted for sequencing of delivery
82. ‘Blue Revolution’ refers to
(a) Increasing production of biofuels
(b) increasing production of fish
(c) increasing production of indigo
(d) increasing area under irrigation
83. The person who is known as ‘the architect of Indian planning’ is
(a) Amartya Sen
(b) Sukhamoy Chakravarthy
(c) P C Mahalanobis
(d) Jagdish Bhagwati
84. Official estimates of poverty line is determined by the monetary value of
(a) calorie intake
(b) PDS offtake
(c) durable goods consumption
(d) non-durable goods consumption
85. The longest national highway in India is
(a) NH 1
(b) NH 12
(c) NH 16
(d) NH 44
86. Domestic industry is protected from foreign competition by
(a) quotas
(b) dumping
(c) free trade
(d) trade liberalization
87. ______ was the earliest iron and steel company established
(a) IISCO
(b) TISCO
(c) Jindal steel
(d) Salem steel
88. Production of a commodity mostly through natural process is an activity in the ______ sector
(a) primary
(b) secondary
(c) tertiary
(d) construction
89. The measure of money supply denoted as M4 by RBI is
(a) currency held by the public + demand deposits
(b) currency held by the public + savings deposits with post office saving bank
(c) currency held by the public + time deposits of commercial banks
(d) currency held by the public + demand deposits + net time deposits of commercial banks + total deposits with post office
90. 15th Finance Commission was headed by
(a) Y V Reddy
(b) N K Singh
(c) Vijay Kelkar
(d) Urjit Patel

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