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August 10, 2014

Expected Questions from Economic Survey 2013-14 for Competitive Exams

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Hi guys, I am Rakesh Padhy from Odisha. An IBPS aspirant like you people. Here I am sharing mcqs which are made from the Economic Survey 2013-14. These questions will be helpful for all the competitive exams for coming 6 months.  I will try to provide more soon. All the best.

The Economic Survey 2013-14 projects the Indian economy to grow in the range of _________ in 2014-15.
  1. 4.1-4.6 Percent
  2. 4.8-5.3 Percent 
  3. 5.4-5.9 Percent
  4. 5.7-6.1 Percent
  5. None of these

According to the Economic Survey 2013-14, tabled by Finance Minister Arun Jaitely in Parliament on 9th July 2014, reforms are needed for long term-growth prospects on 
  1. Low and stable inflation regime
  2. Tax and expenditure reform
  3. Regulatory Framework
  4. All the above
  5. None of the above

As per the Economic Survey 2013-14, the fiscal policy for 2013-14 was calibrated with objectives of
A. To aid growth revival
B. To reach the FD level targeted for 2013-14
Select the correct answer using the codes given below.
  1. Only A
  2. Only B
  3. Both A and B
  4. Neither A nor B
  5. There is no objective like FD Level

The Economic Survey 2013-14 explicitly says that the fiscal outcome of the central government in 2013-14 was achieved despite the 'macroeconomic challenges'. What were those challenges ?
  1. Growth Slowdown
  2. Elevated levels of global crude oil prices
  3. Slow growth of investment
  4. All of these
  5. None of these

As per the Economic Survey 2013-14, which of the following has / have been labelled as "Stressed Sectors" by the Reserve Bank of India ?
  1. Infrastructure
  2. Iron and Steel and Textiles
  3. Aviation and mining 
  4. All of these
  5. None of these

As explained by the Economic Survey 2013-14 in its chapter on "Prices and Monetary Management", why did the Reserve Bank of India hike short term interest rate in July 2013 and compressed domestic money market liquidity ?
  1. To restore stability to the foreign exchange market
  2. To restore confidence in the Indian Monetary Market
  3. To check spiraling inflation
  4. To keep fiscal deficit in check
  5. None of these 

According to the Economic Survey 2013-14, the New Pension System (NPS), now National Pension System represents a major reform of Indian Pension Arrangements. It was introduced for the new recruits who join government services on or after ?
  1. March 2002
  2. January 2004
  3. April 2006
  4. October 2009
  5. None of these

What is / are the observations of the Economic Survey 2013-14 on Balance of Payments during 2013-14 ?
A. India's balance-of-payments position worsened dramatically
B. India's external debt remained within manageable limits. 
Select the correct answer using the codes given below.
  1. Only A
  2. Only B
  3. Both A and B
  4. None of these
  5. The question is wrong

According to the Economic Survey 2013-14, what was / were the main reasons behind sharp fall in India's trade deficit by 27.8 per cent in 2013-14 ?
  1. Sharp fall in imports and moderate export growth
  2. Sharp increase in imports and drastic fall in exports growth
  3. Moderate fall in imports and sharp export growth
  4. Moderate increase in imports and moderate exports growth
  5. None of these

With reference to the Economic Survey 2013-14, what was India's rank in terms of services GDP in 2012 among the world's top 15 countries in terms of GDP (at current prices) ?
  1. 5th
  2. 9th
  3. 12th
  4. 16th
  5. 91st 

As per the Economic Survey 2013-14, which of the following needs "immediate attention" from the infrastructure development perspective ?
  1. Delays in regulatory approvals
  2. Problems in land acquisition & rehabilitation
  3. Environmental clearances
  4. All of these
  5. None of these

Which of the following trends in the field of human development in India has / have not been noticed by the Economic Survey 2013-14 ?
  1. According to HDR 2013, India has moved up in HDI
  2. The poverty ratio declined during 2004-05 to 2011-12
  3. In absolute terms, the number of poor declined during 2004-05 to 2011-12
  4. During 2004-05 to 2011-12 employment growth [CAGR] fell in comparison to 1999-200 to 2004-05. 


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16 comments:

  1. why any one is not giving reviews of this weeks sbi clerk exam

    ReplyDelete
    Replies
    1. i am also waiting for the same
      please anyone who finished their sbi clerical exam ... please post the reviews. my exam is on 24th aug

      Delete
    2. As of now there is no exam.next exam is on 16

      Delete
  2. Plz give posts for RBI assistant exam

    ReplyDelete
  3. thanks a lot
    please post current affairs expected questions for sbi clerical exam

    ReplyDelete
  4. thnx a lot rakesh :)

    ReplyDelete
  5. Dear Rakesh good and informative post. coming to last question you said 2013 survey overlooked the fact that India moved up in 'HDR'. but according to 2012 our rank is 134/187, and in 2013--> 136/186,so in 2013 India was degraded in ranking. and in 2014 we have 135/187 rank. But some people think that no change from 2013 to 2014 in terms of rank.But in fact we were progressed a rank ahead in 2014----->>>(achche din aa gaye hain). And 4th question from bottom also there is small ambiguity, because i think that "None" will be the answer---> Moderate fall in imports and moderate exports were happened.Why because despite trade restrictions by central bank on Gold,its imports were downed a little bit,its because of the facility provided by central bank for resale of gold. But silver imports were dropped like anything in 2013-14.Now again central bank diluted the situation by allowing PSU's and other financial intermediaries to invest on gold in July 1st week(this is because the dangerous fall in CAD is reducing the value of rupee against dollar),So again the situation got normalcy. Anyway thank you friend,this is quite useful for my CAST exam also.

    ReplyDelete
  6. Hi why no one is giving review of SBI clerk exam from last week.. Plz share our review

    ReplyDelete
  7. Hi plz share SBI clerk reviews..

    ReplyDelete
  8. thank you very much

    ReplyDelete
  9. when is the sbi po result?

    ReplyDelete

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