KAS Prelims 2020 Test KAS-107

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Q.1) With reference to Balance of Payments, which of the following constitutes/constitute the Current Account?

1. Balance of trade

2. Foreign assets

3. Balance of invisibles

4. Special Drawing Rights

Select the correct answer using the code given below.

(a) 1 only

(b) 2 and 3

(c) 1 and 3

(d) 1, 2 and 4

Q.2) With reference to micro-irrigation, which of the following statements is/are correct?

1. Fertilizer/nutrient loss can be reduced.

2. It is the only means of irrigation in dry land farming.

3. In some areas of farming, receding of ground water table can be checked.

Select the correct answer using the codes given below:

(a) 1 only

(b) 2 and 3 only

(c) 1 and 3 only

(d) 1, 2 and 3

Q.3) Which of the following constitute the World Bank?

1. International Bank for Reconstruction and Development

2. International Finance Corporation

3. International Development Association

4. International Monetary Fund

Codes:

(a) 1, 2 and 3

(b) 1 and 2

(c) 3 and 4

(d) 1, 2, 3 and 4

Q.4) Which of the following were the aims behind the setting up of the World Trade Organization (WTO)?

1. Promotion of free trade and resource flows across countries

2. Protection of intellectual property rights

3. Managing balanced trade between different countries

4. Promotion of trade between the former East Bloc countries and the western world

Select the correct answer by using the codes given below:

Codes:

(a) 1, 2, 3 and 4

(b) 1 and 2

(c) 2 and 3

(d) 1 and 4

Q.5) The sum of which of the following constitutes Broad Money in India?

1. Currency with the public

2. Demand deposits with banks

3. Time deposits with banks

4. Other deposits with RBI

Choose the correct answer using the codes given below:

(a) 1 and 2

(b) 1, 2 and 3

(c) 1, 2, 3 and 4

(d) 1, 2 and 4

Q.6) The banks are required to maintain a certain ratio between their cash in hand and total assets. This is called:

(a) SBR (Statutory Bank Ratio)

(b) SLR (Statutory Liquid Ratio)

(c) CBR (Central Liquid Reserve)

(d) CLR (Central Liquid Reserve)

Q.7) Match List-I with List-II and select the correct answer using the codes given below the lists:

List-I                                                    List-II

A. WTO                        1. Provides loans to address short term balance payment problems

B. IDA                          2. Multilateral trade negotiation body

C. IMF                          3. Sanction of soft loans

D. IBRD                        4. Facilitating lending and borrowing for reconstruction and development.

Codes:

(a) A- 2; B – 3; C – 4; D -1

(b) A- 2; B – 3; C – 1; D -4

(c) A- 3; B – 2; C – 4; D -1

(d) A- 3; B – 2; C – 1; D -4

Q.8) Consider the following statements regarding Reserve Bank of India:

1. It is a banker to the Central Government

2. It formulates and administers monetary policy

3. It acts as an agent of the Government in respect of India

4. It handles the borrowing programme of Government of India

Which of these statements are correct?

(a) 1 and 2

(b) 2, 3 and 4

(c) 1, 2, 3 and 4

(d) 3 and 4

Q.9) Debenture holders of a company are its:

(a) shareholders

(b) creditors

(c) debtors

(d) directors

Q.10) Which one of the following pairs is not correctly matched?

(a) Japan : Nikkei

(b) Singapore : Shcomp

(c) UK : FTSE

(d) USA : Nasdaq

Q.11) The International Development Association, a lending agency, is administered by the

(a) International Bank for Reconstruction and Development

(b) International Fund for Agricultural Development

(c) United Nations Development Programme

(d) United Nations Industrial Development Organization

Q.12) The basic aim of Lead Bank Scheme is that

(a) big banks should try to open offices in each district

(b) there should be stiff competition among the various nationalized banks

(c) individual banks should adopt particular districts for intensive development

(d) all the banks should make intensive efforts to mobilize deposits

Q.13) The balance of payments of a country is a systematic record of

(a) all import and export transactions of a country during a given period of time, normally a year

(b) good exported from a country during a year

(c) economic transaction between the government of one country to another

(d) capital movements from one country to another.

Q.14) The Reserve Bank of India regulates the commercial banks in matters of

1. liquidity of assets

2. branch expansion

3. merger of banks

4. winding-up of banks

Select the correct answer using the codes given below.

(a) 1 and 4 only

(b) 2, 3 and 4 only

(c) 1, 2 and 3 only

(d) 1, 2, 3 and 4

Q.15) Consider the following statements:

1. Inflation benefits the debtors.

2. Inflation benefits the bondholders.

Which of the statements given above is/are correct?

(a) 1 only

(b) 2 only

(c) Both 1 and 2

(d) Neither 1 nor 2

Q.16) Consider the following liquid assets:

1. Demand deposits with the banks

2. Time deposits with the banks

3. Saving deposits with the banks

4. Currency

The correct sequence of these assets in the decreasing order of liquidity is

(a) 1-4-3-2

(b) 4-3-2-1

(c) 2-3-1-4

(d) 4-1-3-2

Q.17) With reference to Indian economy, consider the following

1. Bank rate

2. Open market operations

3. Public debt

4. Public revenue

Which of the above is/are component/ components of Monetary Policy?

(a) 1 only

(b) 2, 3 and 4

(c) 1 and 2

(d) 1, 3 and 4

Q.18) Who is responsible for the collection and publication of monetary and financial information?

(a) Finance Commission

(b) Finance Ministry

(c) Reserve Bank of India

(d) Auditor and Comptroller General of India

Q.19) 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

Q.20) The Securities and Exchange Board of India has been set up to :

1. protect the interests of investors

2. to regulate the activities of brokers in the stock market

3. to ensure transparency in operation in the stock market.

4. to encourage a healthy growth of the stock market

Choose your answer from:

(a) 1 and 2

(b) 1, 2 and 4

(c) 1, 2 and 3

(d) 1, 2, 3 and 4

Q.21) In India, the bank NABARD does not provide refinance to:

(a) Scheduled Commercial Banks

(b) Regional Rural Banks

(c) Export-Import Banks

(d) State Land Development Banks

Q.22) If the cash-reserve ratio is lowered by the Central bank, what will be its effect on credit creation?

(a) Decrease

(b) Increase

(c) No change

(d) None of these

Q.23) The basic regulatory authority for mutual funds and stock markets lies with the:

(a) Government of India

(b) Reserve Bank of India

(c) Securities and Exchange Board of India

(d) Stock Exchanges

Q.24) Under Swachh Bharat Mission, how many districts are declared open defecation free till now?

(a) 606

(b) 618

(c) 630

(d) 640

Q.25) Which out of the following is/are true about Pradhan Mantri JI-VAN Yojana?

  1. It is launched by Ministry of Petroleum & Natural Gas
  2. The target is to achieve 10% blending of ethanol in Petrol by 2022
  3. Increase green coverage on PAN India basis
  4. Provide incentive to domestic ethanol industry

Select the correct answer from following options:

(a) Only a, b and c

(b) Only a, c and d

(c) Only b, c and d

(d) Only a, b and d

Q.26) Which among the following is nodal ministry for PowerTex India Scheme?

(a) Ministry of Petroleum & Natural Gas

(b) Ministry of MSME

(c) Ministry of Textiles

(d) Ministry of Agriculture & Farmers’ Welfare

Q.27) Who is the implementing agency of MSP for MFP Scheme?

(a) TRIFED

(b) HAFED

(c) NAFED

(d) All of the above

Q.28) Who has collaborated with NITI Aayog to implement Digital Disha Programme?

(a) Google

(b) Microsoft

(c) Amazon

(d) Adobe

Q.29) How many schools will be covered under Digital Disha Programme?

(a) 500

(b) 250

(c) 100

(d) 75

Q.30) Who has launched the SHREYAS Programme?

(a) Ministry of HRD

(b) CBSE

(c) NCERT

(d) UGC

Q.31) Poshan Abhiyan was launched for initial period of _______ years.

(a) 2

(b) 3

(c) 4

(d) 5

Q.32) National Nutrition Mission targets to reduce stunning in children to _______ by 2022?

(a) 10%

(b) 15%

(c) 20%

(d) 25%

Q.33) Which out of the following is/are true about National Nutrition Mission?

  1. The scheme is renamed as Poshan Abhiyaan
  2. The aim is to improve nutritional status of children from 0-6 years
  3. The scheme was launched in 2017-18 for period of 3 years
  4. More than 10 crore beneficiaries are targeted.

Select the correct answer from following options:

(a) Only a, b and c

(b) Only a, c and d

(c) Only b, c and d

(d)All are correct

Q.34) The first freight village of India is being developed at

a) Haldia

b) Ennore

c) Varanasi

d) Prayagraj

Q.35) The Composite Water Management Index is released by

a) NITI Aayog

b) Ministry of water resources and Ganga Rejuvenation

C) Indian Council of Agricultural Research

d) The Energy and Resource Institute

Q.36) ’Khan Prahari’, recently in the news is related to

a) Rural Development Officer

b) Illegal Mining

c) Education to Minority students

d) Afforestation

Q.37) Which one of the following is correct regarding ‘Suryashakti Kisan Yojana (SKY)’, that was in the news recently?

a) It is a solar power scheme and it enables farmers to generate electricity through a solar panel

b) It is for improving soil fertility by the use of solar energy.

c) It is for making biofertilizer through agriculture waste.

d) None of the above

Q.38) Consider the following statements about Van Dhan Scheme:

1. This scheme will be implemented by the Ministry of Tribal Affairs.

2 This scheme seeks to improve tribal incomes through value addition of tribal products.

Which of the statements given above is/are correct?

a) 1 only

b) 2 only

c) Both 1 and 2

d) Neither 1 nor 2

Q.39) Consider the following about ‘EGovernment Development Index’:

1. It presents the state of E-Government Development of the United Nations Member States.

2. The EGDI is a composite measure of three important dimensions of e-government, namely: provision of online services, telecommunication connectivity and human capacity.

Which of the above statement is/are correct?

a) 1 only

b) 2 only

c) Both 1 and 2

d) Neither 1 nor 2

Q.40) Consider the following about the Study in India:

1. It aims to build world-class educational institutions to reduce student emigration from India.

2. It will be managed by Educational Consultants of India Limited.

Which of the above statement is/are correct?

(a) 1 only

(b) 2 only

(c) Both 1 and 2

(d) Neither 1 nor 2


Click here for Q.No 1 to Q.No 15 Key Answers


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