HPAS 2011 Economy Topic-Wise Solutions
Question 67
Which Indian city has the highest population according to 2011 Census?
- (a) Kolkata
- (b) New Delhi
- (c) Chennai
- (d) Mumbai
Correct Answer: (d) Mumbai
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Question 68
Which of the following Indian Companies has been listed at the top in Forbes-2000 list?
- (a) RIL
- (b) ONGC
- (c) IOL
- (d) NTPC
Correct Answer: (a) RIL
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Question 69
‘Nirmal Bharat Abhiyan Yojana’ is associated with:
- (a) The Development of Bihar
- (b) Community toilets in slum area
- (c) Construction of House for low income groups
- (d) None of the above
Correct Answer: (b) Community toilets in slum area
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Question 70
The maximum limit of Foreign Direct investment (FDI) in public sector banking is:
- (a) 51%
- (b) 50%
- (c) 33%
- (d) 49%
Question Scrapped by Commission
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Question 71
Which of the following plans is meant for constructing houses for rural people?
- (a) Indra Avas Yojana
- (b) Ambedkar Avas Yojana
- (c) PURA
- (d) None of the above
Correct Answer: (a) Indra Avas Yojana
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Question 72
As per 13th Finance Commission Recommendations during 2010-15, transfers to the states in the form of ‘grant-in-aid’ are expected to be:
- (a) Rs. 44,000 crore
- (b) Rs. 1,64,882 crore
- (c) Rs. 3,18,581 crore
- (d) Rs. 1,07,552 crore
Correct Answer: (c) Rs. 3,18,581 crore
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Question 73
Which of the following is/are the component(s) of Gross Domestic Capital Formation (GDCF)?
1. Gross Domestic Savings
2. Net Capital Inflow
3. Direct Foreign Investment
- (a) Only (1)
- (b) Only (2)
- (c) Only (3)
- (d) Both (1) and (2)
Correct Answer: (d) Both (1) and (2)
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Question 74
Ethanol mixed petrol is being sold in various states w.e.f. January 1, 2003. The percentage of ethanol in petrol is:
- (a) 10%
- (b) 7%
- (c) 6%
- (d) 5%
Correct Answer: (d) 5%
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Question 75
At present the National Commission on Population is under:
- (a) Planning Commission
- (b) Ministry of Human Resource Development
- (c) Cabinet Secretariat
- (d) Ministry of Health
Correct Answer: (a) Planning Commission
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Question 76
Consider the following statements:
1. The repo rate is the rate at which other banks borrow from the Reserve Bank of India.
2. A value of 0 for Gini co-efficient in country implies that there is perfectly equal income for everyone in its population.
Which of the statements given above is/are correct?
- (a) Only (1)
- (b) Only (2)
- (c) Both (1) and (2)
- (d) Neither (1) nor (2)
Correct Answer: (c) Both (1) and (2)
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Question 77
Tara pore Committee was associated with which one of the following?
- (a) Special Economic Zones
- (b) Full capital account convertibility
- (c) Foreign exchange reserve
- (d) Effect of oil prices on the Indian economy
Correct Answer: (b) Full capital account convertibility
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Question 78
Participatory Notes (PNs) are associated with which one of the following?
- (a) Consolidated Fund of India
- (b) Foreign Institutional Investors
- (c) United Nations Development Programme
- (d) Kyoto Protocol
Correct Answer: (b) Foreign Institutional Investors
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