Economy For IAS Prelims 2018 - Test Paper-1: For Economy Updates-Join Our Telegram Group at

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Download: April 2018 Edition-Crux of Indian Economy for IAS Prelims 2018
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Economy for IAS Prelims 2018 - Test Paper-1
Q. No Question

Q-1 Consider the following statements:


1. The FRDI Bill, 2017 when enacted, will pave the way for setting up of
the Resolution Corporation
2. FRDI bill will repeal the Deposit Insurance and Credit Guarantee
Corporation Act, 1961

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

A-1 Select the Answer

Q-2 The Financial Sector Assessment Program (FSAP) is a joint program of

(a) International Monetary Fund and the World Bank


(b) International Monetary Fund and UN
(c) World Bank and UN
(d) RBI and IMF

A-2 Select the Answer

Directorate of Revenue Intelligence (DRI) sometimes seen in new is the


Q-3 apex intelligence and investigative agency for matters relating to violation
of
(a) Income tax act
(b) GST Act
(c) Prevention of Money Laundering Act
(d) Customs Act

A-3 Select the Answer

Q-4 UMANG is a
(a) Mobile App
(b) UMANG provides a single platform for all Indian Citizens to access pan
India e-Gov services ranging from Central to Local Government bodies and
other citizen centric services
(c) UMANG was developed by Telecom Regulatory Authority of India

Select the correct answer using the code given below:


(a) 1 only
(b) 1 and 2 only
(c) 1 and 3 only
(d) 1, 2 and 3

A-4 Select the Answer

Q-5 India signed Rafale aircraft deal with


(a) US
(b) Russia
(c) France
(d) Israel

A-5 Select the Answer

Q-6 Consider the following statements:


1. 11th Ministerial conferences of WTO was held at Buenos Aires,
Argentina
2. Ministerial Conference was ended without a Ministerial Declaration
3. An agreement on permanent solution on the issue of public
stockholding for food security purposes was signed
4. Members agreed to continue to engage constructively in the fisheries
subsidies negotiations with a view to adopting an agreement by the
next Ministerial Conference in 2019

Which of the statements given above is/are correct?


(a) 1 and 4 only
(b) 2, 3 and 4 only
(c) 1, 2 and 4 only
(d) 1, 2, 3 and 4

A-6 Select the Answer

Q-7 Consider the following statements:


1. International Maritime Organization is the United Nations specialized
agency
2. IMO Secretariat is in Vienna, Austria
3. India has been re-elected as Member of International Maritime Council
for two years (2018-19) under Category “A"
Which of the statements given above is/are correct?
(a) 1 only
(b) 1 and 2 only
(c) 1 and 3 only
(d) 1, 2 and 3

A-7 Select the Answer

Q-8 India to host 3rd Annual Meeting of Board of Governors of


A. Asian Infrastructure Investment Bank
B. Asian Development Bank
C. African Development Bank
D. None of the Above

A-8 Select the Answer

Q-9 Merchant Discount Rate (MDR) is payable by


a. Customer to the bank
b. Customer to the Merchant
c. Merchant to the Govt
d. Merchant to the bank

A-9 Select the Answer

Q-10 India became a member of which one of the following in 2017?


(a) Non-Proliferation Treaty
(b) Missile Technology Control Regime
(c) Nuclear Suppliers Group
(d) Wassenaar Arrangement

A-10 Select the Answer

Check your performance with UPSC cut off percentage and know where do you stand

Prelims 2017 expected


General
OBC
SC
ST
Prelims 2016
General
OBC
SC
ST
Prelims 2015
General
OBC
SC
ST
Prelims 2014
General
OBC
SC
ST
Prelims 2013
General
OBC
SC
ST

Note: From Prelims 2015, CSAT paper marks are not being considered for cut off.
/
my for IAS Prelims 2018
p at 7023213423
st Paper-1
Answer Marks
Marks Obtained 0.00
Total Marks 20
Percentage 0.00%

nd know where do you stand

Cut Off Percentage


120 60%
115 58%
105 53%
100 50%
116 58%
110.66 55%
99.34 50%
96 48%

107.34 54%
106 53%
94 47%
91.34 46%

205 51%
204 51%
182 46%
174 44%

241 60%
222 56%
207 52%
201 50%

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