UPSC Economics questions – MCQs Test 15

If the interest rate is decreased in an economy, it will [UPSC, Civil Services 2014, Paper 1]

In the context of food and nutritional security of India, enhancing the ‘Seed Replacement Rates’ of various crops helps in achieving the food production targets of the future. But what is/are the constraint/constraints in its wider / greater implementation? [UPSC, Civil Services 2014, Paper 1]

1. There is no National Seeds Policy in place.
2. There is no participation of private sector seed companies in the supply of quality seeds of vegetables and planting materials of horticultural crops.
3. There is a demand-supply gap regarding quality seeds in case of low value and high volume crops.

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In the context of Indian economy; which of the following is/are the purpose/purposes of ‘Statutory Reserve Requirements’? [UPSC, Civil Services 2014, Paper 1]

1. To enable the Central Bank to control the amount of advances the banks can create
2. To make the people’s deposits with banks safe and liquid
3. To prevent the commercial banks from making excessive profits
4. To force the banks to have sufficient vault cash to meet their day-to-day requirements

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A rise in general level of prices may be caused by [UPSC, Civil Services 2013, Paper 1]

1. An increase in the money supply
2. A decrease in the aggregate level of output
3. An increase in the effective demand

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Which one of the following is likely to be the most inflationary in its effect? [UPSC, Civil Services 2013, Paper 1]