DO NOT OPEN THIS TEST BOOKLET UNTIL YOU ARE TOLD TO DO SO
2025
CODE: PCSPRE-2025-E&UP -7
SUBJECT: Economics & UP Special Time: 2 Hours
GENERAL STUDIES – I Max. Marks: 200
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Q1. Consider the following pairs:
1. Das Kapital – Karl Marx Q7. Arrange the following Uttar Pradesh expressways in
2. The Wealth of Nations – Adam Smith chronological order of their inauguration:
3. The General Theory of Employment, Interest and 1. Yamuna Expressway
Money – J.M. Keynes 2. Agra–Lucknow Expressway
4. Foundations of Economic Analysis – Alfred Marshall 3. Purvanchal Expressway
How many of the above are correctly matched? 4. Bundelkhand Expressway
a) Only two a) 1-2-3-4
b) Only three b) 2-1-3-4
c) All four c) 1-3-2-4
d) Only one d) 4-3-2-1
Q2. Which of the following statements about Uttar Pradesh Q8. Consider the following with reference to the Law of
is/are correct? Demand:
1. Uttar Pradesh has the highest production of wheat, 1. It states an inverse relationship between price and
sugarcane, and potatoes in India. demand.
2. Uttar Pradesh is the largest state of India in terms of 2. Giffen goods follow the law of demand strictly.
area. 3. Essential goods are inelastic in demand.
3. Sonbhadra district shares borders with the maximum a) 1 and 2 only
number of states in India. b) 2 and 3 only
a) 1 and 2 only c) 1 and 3 only
b) 1 and 3 only d) 1, 2 and 3
c) 2 and 3 only
d) 1, 2 and 3 Q9. Which of the following schemes is correctly matched
with its sectoral focus in Uttar Pradesh?
Q3. Which of the following is not a feature of a developed 1. ODOP – Handicrafts & Traditional Products
economy? 2. Kisan Rath Yojana – Transport facility for farmers
a) High per capita income 3. Gokul Award Scheme – Dairy/Milk production
b) High population growth rate a) 1 only
c) High level of savings and investment b) 1 and 2 only
d) High level of structural development c) 2 and 3 only
d) 1, 2 and 3
Q4. Match the following initiatives with their launch year in
Uttar Pradesh: Q10. In Union Budget 2025–26, which of the following trends
A. Kisan Bahi Yojana – 1. 1954 was observed?
B. Chakbandi Yojana – 2. 2001 1. Revenue receipts were projected to rise compared to
C. Kisan Mitra Yojana – 3. 1992 2024–25 RE.
D. Urja Shahar Yojana – 4. 2008 2. Capital expenditure was projected to decline
a) A-3, B-1, C-2, D-4 compared to 2024–25 BE.
b) A-1, B-2, C-3, D-4 3. Fiscal deficit target for 2025–26 was set lower than
c) A-2, B-3, C-1, D-4 the previous year.
d) A-4, B-3, C-2, D-1 a) 1 and 2 only
b) 2 and 3 only
Q5. Recently, Uttar Pradesh launched the Zero Poverty c) 1 and 3 only
Scheme (2025). Its primary objective is: d) 1, 2 and 3
a) To eradicate extreme poverty by 2030 through livelihood
generation Q11. Consider the following with respect to inflation in India:
b) To provide universal free education in rural areas 1. Consumer Price Index (CPI) is the main measure used
c) To make UP the first Indian state with 100% literacy for targeting inflation by RBI.
d) To eliminate nutritional deficiency among women and 2. Wholesale Price Index (WPI) includes services along
children with goods.
3. Headline inflation includes both food and fuel
Q6. Which of the following statements about the components.
classification of economies is correct? a) 1 and 2 only
1. Capitalist economy is also called a market economy. b) 2 and 3 only
2. Socialist economy is also called a command or c) 1 and 3 only
planned economy. d) 1, 2 and 3
3. India is a purely capitalist economy.
a) 1 and 2 only Q12. Which of the following is/are true about the geography
b) 2 and 3 only of Uttar Pradesh?
c) 1 and 3 only 1. It shares its boundary with 8 states and 1 Union
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d) 1, 2 and 3 Territory.
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2. It shares an international boundary with Nepal.
3. It is the second-largest state of India by population. Q19. Match the following dams with the rivers in Uttar
a) 1 and 2 only Pradesh:
b) 2 and 3 only A. Rihand Dam – 1. Ramganga
c) 1 and 3 only B. Matatila Dam – 2. Betwa
d) 1, 2 and 3 C. Narora Barrage – 3. Ganga
D. Kalagarh Dam – 4. Rihand
Q13. Match the following reports with their publishing a) A-4, B-2, C-3, D-1
institution: b) A-1, B-4, C-2, D-3
A. World Development Report – 1. IMF c) A-2, B-3, C-4, D-1
B. World Economic Outlook – 2. World Bank d) A-3, B-1, C-2, D-4
C. Global Financial Stability Report – 3. RBI
D. Financial Stability Report (India) – 4. IMF Q20. In the context of Union Budget 2025–26, “Effective
a) A-2, B-1, C-4, D-3 Capital Expenditure” refers to:
b) A-1, B-2, C-3, D-4 a) The sum of capital receipts and disinvestment proceeds
c) A-4, B-2, C-1, D-3 b) Capital expenditure plus loans to states for capital assets
d) A-2, B-4, C-1, D-3 creation
c) Revenue expenditure plus interest payments
Q14. Which of the following wildlife reserves are correctly d) Net capital outflow adjusted for inflation
matched with their location in Uttar Pradesh?
1. Dudhwa National Park – Lakhimpur Kheri Q21. Consider the following:
2. Ranipur Tiger Reserve – Chitrakoot 1. Repo Rate is the rate at which RBI lends to
3. Amangarh Tiger Reserve – Bijnor commercial banks.
a) 1 and 2 only 2. Reverse Repo Rate is always lower than Repo Rate.
b) 2 and 3 only 3. Marginal Standing Facility (MSF) rate is usually lower
c) 1 and 3 only than Repo Rate.
d) 1, 2 and 3 a) 1 and 2 only
b) 2 and 3 only
Q15. The Fiscal Responsibility and Budget Management c) 1 and 3 only
(FRBM) Act, 2003 in India primarily aims to: d) 1, 2 and 3
a) Ensure equitable distribution of resources among states
b) Eliminate revenue deficit and control fiscal deficit Q22. Which of the following cities of Uttar Pradesh has been
c) Establish GST as a unified tax declared the state’s first solar city?
d) Provide statutory status to Finance Commission a) Varanasi
b) Ayodhya
Q16. Which of the following are components of National c) Agra
Income accounting in India? d) Lucknow
1. Gross Domestic Product (GDP)
2. Net National Income (NNI) Q23. The Balance of Payments (BoP) of a country includes:
3. Personal Disposable Income (PDI) 1. Current Account
a) 1 and 2 only 2. Capital Account
b) 2 and 3 only 3. Financial Account
c) 1 and 3 only a) 1 and 2 only
d) 1, 2 and 3 b) 2 and 3 only
c) 1 and 3 only
Q17. Uttar Pradesh is the leading producer of which among d) 1, 2 and 3
the following in India?
1. Wheat Q24. Which of the following cultural heritages of Uttar
2. Milk Pradesh recently received a GI Tag (2025)?
3. Rice a) Banarasi Saree
a) 1 and 2 only b) Lucknow Zardozi
b) 2 and 3 only c) Banarasi Shehnai
c) 1 and 3 only d) Allahabadi Guava
d) 1, 2 and 3
Q25. Which of the following is not a direct tax in India?
Q18. The term ‘Twin Balance Sheet Problem’ in Indian a) Income Tax
economy refers to: b) Corporate Tax
a) Fiscal deficit and current account deficit together c) Goods and Services Tax (GST)
b) Stressed assets of banks and overleveraged corporate d) Securities Transaction Tax
sector
c) Budget deficit of Centre and States together Q26. Which of the following correctly explains the concept of
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d) Export and Import imbalance simultaneously Primary Deficit in the budget?
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a) Fiscal deficit minus interest payments a) 1-3-2-4
b) Revenue deficit plus capital deficit b) 3-1-2-4
c) Fiscal deficit plus revenue deficit c) 1-2-3-4
d) Capital receipts minus capital expenditure d) 2-1-3-4
Q27. Which district of Uttar Pradesh shares its boundary Q33. Consider the following with respect to India’s external
with the maximum number of states? sector:
a) Maharajganj 1. Current Account records exports & imports of goods,
b) Sonbhadra services, and unilateral transfers.
c) Lakhimpur Kheri 2. Capital Account in India records mainly external
d) Bahraich borrowings, FDI, and FPI flows.
3. An increase in invisible receipts (like remittances)
Q28. Which of the following pairs are correctly matched? tends to widen the Current Account Deficit (CAD).
1. Minimum Support Price (MSP) – Announced by CACP a) 1 and 2 only
2. Monetary Policy – RBI b) 2 and 3 only
3. Fiscal Policy – Ministry of Finance c) 1 and 3 only
a) 1 and 2 only d) 1, 2 and 3
b) 2 and 3 only
c) 1 and 3 only Q34. With reference to Uttar Pradesh’s economic initiatives,
d) 1, 2 and 3 which of the following pairs are correctly matched?
1. UP-ONA – Agricultural digital ecosystem
Q29. In Uttar Pradesh, which of the following is correctly 2. AI Pragya – Artificial Intelligence-based governance
matched with its agro-climatic zone? initiative
1. Vindhyan Region – Mirzapur & Sonbhadra 3. Buffer Mein Safar Yojana – Promoting rural tourism
2. Bundelkhand Region – Jhansi & Lalitpur near tiger reserves
3. Tarai Region – Gorakhpur & Lakhimpur Kheri a) 1 and 2 only
a) 1 only b) 2 and 3 only
b) 1 and 2 only c) 1 and 3 only
c) 2 and 3 only d) 1, 2 and 3
d) 1, 2 and 3
Q35. Hidden Assertion–Reason type:
Q30. Which of the following is the main objective of the Assertion (A): RBI sometimes resorts to Open Market
Direct Benefit Transfer (DBT) scheme? Operations (OMOs).
a) To reduce fiscal deficit by cutting subsidies Reason (R): OMOs help regulate liquidity in the economy by
b) To transfer subsidies and benefits directly to beneficiaries’ buying/selling government securities.
bank accounts a) Both A and R are true, and R is the correct explanation of A
c) To replace food subsidies with cash vouchers b) Both A and R are true, but R is not the correct explanation
d) To ensure direct taxation instead of indirect taxation of A
c) A is true, R is false
Q31. With reference to Indian agriculture and economy, d) A is false, R is true
consider the following statements:
1. The Agricultural Prices Commission was renamed as Q36. With reference to taxation in India, consider the
the Commission for Agricultural Costs and Prices following statements:
(CACP) in 1985. 1. Direct taxes are levied on income and are borne by
2. The recommendation of CACP on Minimum Support the person on whom they are imposed.
Prices (MSPs) is binding on the Government of India. 2. Indirect taxes are regressive in nature as they are
3. National Food Security Act (2013) legally entitles two- levied uniformly irrespective of income levels.
thirds of India’s population to subsidized foodgrains 3. Securities Transaction Tax (STT) and Corporate Tax
under Targeted PDS. are examples of indirect taxes.
How many of the above are correct? a) 1 and 2 only
a) Only one b) 2 and 3 only
b) Only two c) 1 only
c) All three d) 1, 2 and 3
d) None
Q37. Arrange the following socio-economic initiatives of
Q32. Arrange the following development initiatives of Uttar Uttar Pradesh in the order of their launch:
Pradesh in chronological order: 1. Har Ghar Nal Yojana (drinking water supply)
1. Launch of One District One Product (ODOP) 2. ODOP Expansion Drive
2. Inauguration of Purvanchal Expressway 3. UP Chatbot for Transport Services
3. Establishment of Defence Industrial Corridor (DIC) 4. Buffer Mein Safar Yojana
4. Zero Poverty Scheme a) 1-2-3-4
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b) 2-1-3-4
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c) 1-3-2-4 Q43. Consider the following international indices and India’s
d) 2-3-1-4 position (2025):
1. Global Peace Index – India ranks below 120
Q38. Consider the following regarding monetary policy tools 2. Henley Passport Index – India is in top 50
in India: 3. Global Findex Report – India shows highest number of
1. Cash Reserve Ratio (CRR) is the share of deposits adults with bank accounts
banks must keep with RBI. a) 1 and 2 only
2. Statutory Liquidity Ratio (SLR) is the share of deposits b) 2 and 3 only
banks must keep with RBI in cash form only. c) 1 and 3 only
3. Open Market Operations (OMO) can influence short- d) 1, 2 and 3
term interest rates.
a) 1 and 2 only Q44. Match the following Uttar Pradesh rivers with their
b) 2 and 3 only tributaries:
c) 1 and 3 only A. Ghaghra – 1. Rapti
d) 1, 2 and 3 B. Yamuna – 2. Chambal
C. Son – 3. Rihand
Q39. Match the following GI-tagged products of Uttar D. Gomti – 4. Sai
Pradesh with their category: a) A-1, B-2, C-3, D-4
A. Banarasi Saree – 1. Textile b) A-2, B-3, C-4, D-1
B. Allahabadi Surkha Guava – 2. Agriculture c) A-4, B-1, C-2, D-3
C. Banarasi Shehnai – 3. Cultural Artefact d) A-1, B-4, C-2, D-3
D. Lucknow Zardozi – 4. Handicraft
a) A-1, B-2, C-3, D-4 Q45. Hidden Assertion–Reason type:
b) A-4, B-2, C-1, D-3 Assertion (A): The Reserve Bank of India uses Liquidity
c) A-1, B-4, C-2, D-3 Adjustment Facility (LAF) operations.
d) A-2, B-1, C-3, D-4 Reason (R): LAF operations are used to balance short-term
liquidity mismatches in the economy.
Q40. Hidden Assertion–Reason type: a) Both A and R are true, and R is the correct explanation of A
Assertion (A): India’s fiscal deficit remains a concern for b) Both A and R are true, but R is not the correct explanation
macroeconomic stability. of A
Reason (R): A high fiscal deficit always leads to inflation in c) A is true, R is false
the economy. d) A is false, R is true
a) Both A and R are true, and R is the correct explanation of A
b) Both A and R are true, but R is not the correct explanation Q46. With reference to India’s GDP measurement, consider
of A the following:
c) A is true, R is false 1. The base year for GDP calculation is currently 2011–
d) A is false, R is true 12.
2. Nominal GDP growth includes the effect of inflation,
Q41. With reference to Government Expenditure while real GDP growth excludes it.
classification, consider the following: 3. India is planning to shift its GDP base year to 2017–
1. Expenditure on salaries of government employees is 18.
treated as revenue expenditure. a) 1 and 2 only
2. Expenditure on building highways is classified as b) 2 and 3 only
capital expenditure. c) 1 and 3 only
3. Interest payments by Government are classified as d) 1, 2 and 3
capital expenditure.
How many of the above are correct? Q47. Which of the following districts of Uttar Pradesh is
a) Only one known as the ‘Energy Capital of India’ due to its large
b) Only two thermal power capacity?
c) All three a) Sonbhadra
d) None b) Kanpur
c) Prayagraj
Q42. Uttar Pradesh accounts for the largest share of India’s: d) Ghaziabad
1. Sugarcane production
2. Wheat production Q48. With reference to Indian banking, consider the
3. Mango production following:
a) 1 and 2 only 1. Payments Banks can accept demand deposits up to
b) 1 and 3 only ₹2 lakh per customer.
c) 2 and 3 only 2. Payments Banks can issue credit cards.
d) 1, 2 and 3 3. Payments Banks are required to invest a minimum
portion of their demand deposits in government
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securities.
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a) 1 and 2 only Q54. Match the following festivals of Uttar Pradesh with their
b) 1 and 3 only location:
c) 2 and 3 only A. Neja Mela – 1. Saharanpur
d) 1, 2 and 3 B. Ramnagar Ramlila – 2. Varanasi
C. Taj Mahotsav – 3. Agra
Q49. Arrange the following major events of Uttar Pradesh in D. Dev Deepawali – 4. Varanasi
chronological order: a) A-1, B-2, C-3, D-4
1. Establishment of Allahabad High Court b) A-2, B-1, C-4, D-3
2. Formation of Uttarakhand (separation from UP) c) A-1, B-4, C-2, D-3
3. Renaming of Allahabad to Prayagraj d) A-3, B-2, C-1, D-4
4. Kumbh Mela declared as “Intangible Cultural
Heritage” by UNESCO Q55. Assertion–Reason type:
a) 1-2-3-4 Assertion (A): India’s GDP growth in recent years has been
b) 1-2-4-3 driven more by the services sector than agriculture or
c) 2-1-3-4 industry.
d) 1-3-2-4 Reason (R): Services sector requires less capital investment
compared to industry and is more export-oriented.
Q50. Assertion–Reason type: a) Both A and R are true, and R is the correct explanation of A
Assertion (A): India’s Current Account Deficit (CAD) often b) Both A and R are true, but R is not the correct explanation
narrows when global crude oil prices decline. of A
Reason (R): India is a net importer of crude oil and petroleum c) A is true, R is false
products. d) A is false, R is true
a) Both A and R are true, and R is the correct explanation of A
b) Both A and R are true, but R is not the correct explanation Q56. With reference to India’s poverty estimation, consider
of A the following:
c) A is true, R is false 1. The Tendulkar Committee (2009) shifted to a uniform
d) A is false, R is true poverty line basket across rural and urban areas.
2. The Rangarajan Committee (2014) recommended
Q51. With reference to inflation indices in India, consider the higher poverty lines than the Tendulkar Committee.
following: 3. NITI Aayog has completely abandoned poverty
1. CPI-Combined is used by RBI for inflation targeting. estimation since 2015.
2. WPI excludes food items but includes fuel. a) 1 and 2 only
3. Core Inflation excludes food and fuel components. b) 2 and 3 only
a) 1 and 2 only c) 1 and 3 only
b) 2 and 3 only d) 1, 2 and 3
c) 1 and 3 only
d) 1, 2 and 3 Q57. Which of the following airports in Uttar Pradesh has
been developed under the UDAN scheme in recent years?
Q52. Which of the following statements about Uttar Pradesh 1. Kushinagar International Airport
demographics is correct? 2. Azamgarh Airport
1. UP is the most populous state in India. 3. Jewar (Noida) International Airport
2. The sex ratio of UP is above the national average. a) 1 and 2 only
3. UP contributes over 16% of India’s total population. b) 2 and 3 only
a) 1 and 2 only c) 1 and 3 only
b) 1 and 3 only d) 1, 2 and 3
c) 2 and 3 only
d) 1, 2 and 3 Q58. Consider the following about the Gini Coefficient:
1. It measures inequality of income distribution.
Q53. Consider the following regarding India’s Fiscal 2. A value of 0 represents perfect equality.
Responsibility: 3. A value of 1 represents maximum inequality.
1. FRBM Act (2003) mandates presentation of Medium- a) 1 and 2 only
Term Fiscal Policy Statement. b) 2 and 3 only
2. Finance Commission recommendations are binding c) 1 and 3 only
on the Union Government. d) 1, 2 and 3
3. The concept of “Effective Revenue Deficit” was
introduced by the 13th Finance Commission. Q59. Match the following cultural sites of Uttar Pradesh with
a) 1 and 2 only their UNESCO status:
b) 1 and 3 only A. Fatehpur Sikri – 1. World Heritage Site
c) 2 and 3 only B. Kumbh Mela – 2. Intangible Cultural Heritage
d) 1, 2 and 3 C. Sarnath – 3. Tentative World Heritage List
D. Varanasi – 4. Creative Cities Network
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a) A-1, B-2, C-3, D-4
b) A-2, B-1, C-3, D-4 Q65. Assertion–Reason type:
c) A-1, B-3, C-2, D-4 Assertion (A): India’s fiscal consolidation path faces
d) A-4, B-2, C-1, D-3 challenges despite higher tax collections.
Reason (R): High committed expenditures (interest,
Q60. Assertion–Reason type: subsidies, salaries) restrict fiscal space.
Assertion (A): India’s employment in agriculture has been a) Both A and R are true, and R is the correct explanation of A
declining as a share of total workforce. b) Both A and R are true, but R is not the correct explanation
Reason (R): This decline is due to increasing mechanization of A
and growth of non-farm sectors. c) A is true, R is false
a) Both A and R are true, and R is the correct explanation of A d) A is false, R is true
b) Both A and R are true, but R is not the correct explanation
of A Q66. With reference to India’s taxation, consider the
c) A is true, R is false following:
d) A is false, R is true 1. GST is a destination-based, value-added indirect tax.
2. GST Council decisions require approval of two-thirds
Q61. With reference to India’s external trade, consider the majority of members present and voting.
following: 3. The Finance Minister of India is the chairperson of the
1. Petroleum products are India’s largest export item. GST Council.
2. Gold is India’s largest import item. a) 1 and 2 only
3. India’s major trade partner in 2024–25 was the United b) 2 and 3 only
States. c) 1 and 3 only
a) 1 and 2 only d) 1, 2 and 3
b) 2 and 3 only
c) 1 and 3 only Q67. Which of the following initiatives in Uttar Pradesh aim
d) 1, 2 and 3 at tourism promotion?
1. Pro-Poor Tourism Project
Q62. Which of the following statements about Uttar Pradesh 2. Ekana Sports City Development
economy is correct? 3. Buffer Mein Safar Yojana
1. The contribution of services sector is more than a) 1 and 2 only
agriculture in the state GSDP. b) 2 and 3 only
2. UP has the largest number of MSMEs in India. c) 1 and 3 only
3. UP is the highest foreign remittance-receiving state in d) 1, 2 and 3
India.
a) 1 and 2 only Q68. Consider the following regarding India’s banking
b) 2 and 3 only sector:
c) 1 and 3 only 1. Scheduled Commercial Banks include Public Sector
d) 1, 2 and 3 Banks, Private Banks, RRBs, and Payments Banks.
2. Small Finance Banks are not part of Scheduled
Q63. Consider the following regarding banking reforms in Banks.
India: 3. All Scheduled Banks must maintain CRR and SLR with
1. Narasimham Committee (1991) recommended RBI.
reduction of CRR and SLR. a) 1 and 2 only
2. Narasimham Committee (1998) recommended b) 1 and 3 only
creation of Asset Reconstruction Companies. c) 2 and 3 only
3. Both committees recommended merger of large d) 1, 2 and 3
banks for efficiency.
a) 1 only Q69. Arrange the following historical events of Uttar Pradesh
b) 1 and 2 only in chronological order:
c) 2 and 3 only 1. Revolt of 1857 in Kanpur & Lucknow
d) 1, 2 and 3 2. Establishment of Banaras Hindu University (BHU)
3. Allahabad Session of Congress under Nehru (1930)
Q64. Match the following rivers with their origin (Uttar 4. Launch of ODOP scheme
Pradesh context): a) 1-2-3-4
A. Gomti – 1. Madhotanda (Pilibhit) b) 2-1-3-4
B. Ghaghra – 2. Mansarovar region, Tibet c) 1-3-2-4
C. Betwa – 3. Vindhya ranges, MP d) 1-2-4-3
D. Ken – 4. Barner Plateau
a) A-1, B-2, C-3, D-4 Q70. Assertion–Reason type:
b) A-2, B-1, C-4, D-3 Assertion (A): India’s agriculture productivity per hectare
c) A-1, B-3, C-2, D-4 remains lower than global standards.
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d) A-4, B-2, C-3, D-1 Reason (R): This is primarily because India allocates a
© 2025 Polymath. All rights reserved @UPPCS_POLYMATH BY SHAKTI RATHAUR
smaller percentage of GDP to agriculture than developed c) A is true, R is false
economies. d) A is false, R is true
a) Both A and R are true, and R is the correct explanation of A
b) Both A and R are true, but R is not the correct explanation Q76. With reference to India’s balance of payments,
of A consider the following:
c) A is true, R is false 1. Current Account records trade in goods and services,
d) A is false, R is true income, and transfers.
2. Capital Account records external borrowings, FDI,
Q71. With reference to India’s monetary policy, consider the FPI, and banking capital.
following: 3. An increase in invisible receipts improves the Current
1. The Monetary Policy Committee (MPC) has six Account Balance.
members. a) 1 and 2 only
2. Decisions of MPC are taken by majority vote, with RBI b) 2 and 3 only
Governor having casting vote in case of a tie. c) 1 and 3 only
3. The inflation target for India (2021–26) is 4% with d) 1, 2 and 3
tolerance band of ±3%.
a) 1 and 2 only Q77. Uttar Pradesh is the leading producer of which of the
b) 2 and 3 only following horticultural crops?
c) 1 and 3 only 1. Mango
d) 1, 2 and 3 2. Guava
3. Banana
Q72. Uttar Pradesh is the largest producer of which among a) 1 and 2 only
the following: b) 2 and 3 only
1. Potato c) 1 and 3 only
2. Sugarcane d) 1, 2 and 3
3. Pulses
a) 1 and 2 only Q78. Consider the following about India’s public debt:
b) 2 and 3 only 1. Internal debt forms the major share of India’s public
c) 1 and 3 only debt.
d) 1, 2 and 3 2. External debt is mostly concessional and forms a
smaller proportion.
Q73. Consider the following about India’s Fiscal Federalism: 3. Market borrowings are the largest component of
1. The Finance Commission is constituted every 5 years internal debt.
under Article 280. a) 1 and 2 only
2. Recommendations of the Finance Commission are b) 2 and 3 only
binding on the President of India. c) 1 and 3 only
3. Terms of reference of the Finance Commission are d) 1, 2 and 3
decided by the President.
a) 1 and 2 only Q79. Match the following historical personalities of Uttar
b) 1 and 3 only Pradesh with their contributions:
c) 2 and 3 only A. Raja Todar Mal – 1. Revenue system (Ain-i-Dahsala)
d) 1, 2 and 3 B. Rani Laxmibai – 2. Revolt of 1857 (Jhansi)
C. Madan Mohan Malaviya – 3. Founder of BHU
Q74. Match the following wildlife sanctuaries of Uttar D. Begum Hazrat Mahal – 4. Revolt of 1857 (Lucknow)
Pradesh with their district: a) A-1, B-2, C-3, D-4
A. Katarniaghat – 1. Bahraich b) A-2, B-1, C-3, D-4
B. Nawabganj Bird Sanctuary – 2. Unnao c) A-1, B-3, C-4, D-2
C. Sohagibarwa – 3. Maharajganj d) A-4, B-1, C-2, D-3
D. Hastinapur Sanctuary – 4. Meerut
a) A-1, B-2, C-3, D-4 Q80. Assertion–Reason type:
b) A-2, B-3, C-4, D-1 Assertion (A): India’s fiscal deficit is largely financed by
c) A-3, B-1, C-2, D-4 market borrowings.
d) A-1, B-3, C-2, D-4 Reason (R): Borrowing from RBI is restricted under the FRBM
Act, except under exceptional circumstances.
Q75. Assertion–Reason type: a) Both A and R are true, and R is the correct explanation of A
Assertion (A): India’s WPI inflation often differs from CPI b) Both A and R are true, but R is not the correct explanation
inflation trends. of A
Reason (R): WPI has higher weightage for food items, while c) A is true, R is false
CPI has higher weightage for manufactured products. d) A is false, R is true
a) Both A and R are true, and R is the correct explanation of A
b) Both A and R are true, but R is not the correct explanation Q81. With reference to India’s economic indicators,
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of A consider the following:
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1. Index of Industrial Production (IIP) is compiled by the 2. MSP is based on recommendations of CACP but
Office of Economic Adviser, Ministry of Commerce. notified by the Ministry of Agriculture.
2. Eight Core Industries have a combined weight of 3. Procurement at MSP is legally mandatory for the
around 40% in IIP. government.
3. Electricity has the highest weight among the core a) 1 and 2 only
industries. b) 2 and 3 only
a) 1 and 2 only c) 1 only
b) 2 and 3 only d) 1, 2 and 3
c) 1 and 3 only
d) 1, 2 and 3 Q87. Which of the following districts of Uttar Pradesh is
known as the ‘Sugar Bowl of India’?
Q82. Which of the following rivers form part of Uttar a) Meerut
Pradesh’s water divide? b) Bijnor
1. Yamuna c) Saharanpur
2. Ghaghra d) Muzaffarnagar
3. Son
4. Chambal Q88. Consider the following regarding India’s financial
a) 1 and 2 only inclusion initiatives:
b) 1, 3 and 4 only 1. PM Jan Dhan Yojana aims at universal access to
c) 2 and 3 only banking services.
d) 1, 2, 3 and 4 2. Aadhaar-enabled Payment System (AePS) allows
transactions using biometric authentication.
Q83. Consider the following with reference to India’s 3. Small Finance Banks were introduced to deepen
disinvestment policy: financial inclusion for small borrowers.
1. Strategic disinvestment implies transfer of a) 1 and 2 only
management control along with equity. b) 2 and 3 only
2. Disinvestment receipts form part of non-tax revenue c) 1 and 3 only
of the Union Budget. d) 1, 2 and 3
3. The Department of Economic Affairs handles
strategic disinvestment. Q89. Match the following heritage sites of Uttar Pradesh with
a) 1 and 2 only their significance:
b) 2 and 3 only A. Sarnath – 1. First sermon of Buddha
c) 1 only B. Ayodhya – 2. Birthplace of Lord Rama
d) 1, 2 and 3 C. Kushinagar – 3. Mahaparinirvana of Buddha
D. Chunar Fort – 4. Historic fort on Ganga
Q84. Match the following cities of Uttar Pradesh with their a) A-1, B-2, C-3, D-4
nicknames: b) A-2, B-3, C-1, D-4
A. Kanpur – 1. Manchester of the East c) A-1, B-3, C-4, D-2
B. Mirzapur – 2. Carpet City d) A-4, B-1, C-2, D-3
C. Firozabad – 3. City of Bangles
D. Moradabad – 4. Brass City Q90. Assertion–Reason type:
a) A-1, B-2, C-3, D-4 Assertion (A): India has adopted an inflation-targeting
b) A-2, B-1, C-3, D-4 framework under monetary policy.
c) A-1, B-3, C-2, D-4 Reason (R): Inflation targeting is expected to anchor inflation
d) A-4, B-2, C-1, D-3 expectations and improve monetary policy credibility.
a) Both A and R are true, and R is the correct explanation of A
Q85. Assertion–Reason type: b) Both A and R are true, but R is not the correct explanation
Assertion (A): India maintains a large stock of foreign of A
exchange reserves. c) A is true, R is false
Reason (R): This is primarily to manage currency volatility d) A is false, R is true
and ensure balance of payments stability.
a) Both A and R are true, and R is the correct explanation of A Q91. With reference to India’s fiscal policy, consider the
b) Both A and R are true, but R is not the correct explanation following:
of A 1. Fiscal deficit includes revenue deficit plus capital
c) A is true, R is false expenditure.
d) A is false, R is true 2. Monetization of deficit by RBI is permitted only under
Ways and Means Advances (WMA).
Q86. With reference to India’s agriculture, consider the 3. Fiscal Responsibility and Budget Management (FRBM)
following: Act aims to reduce revenue deficit to zero.
1. Minimum Support Prices (MSP) are announced for a) 1 and 2 only
both Kharif and Rabi crops. b) 2 and 3 only
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c) 1 and 3 only c) Moradabad
d) 1, 2 and 3 d) Lucknow
Q92. Which among the following Uttar Pradesh districts is Q98. Consider the following about India’s budgetary
famous for lock industry? classification:
a) Aligarh 1. Revenue Expenditure does not create assets.
b) Moradabad 2. Capital Expenditure results in asset creation or
c) Firozabad reduction of liabilities.
d) Saharanpur 3. Grants given by the Union to states are always
classified as revenue expenditure.
Q93. Consider the following regarding India’s external a) 1 and 2 only
sector: b) 2 and 3 only
1. A depreciation of the Indian Rupee makes exports c) 1 and 3 only
more competitive. d) 1, 2 and 3
2. Current Account Deficit (CAD) is financed by capital
inflows like FDI and FPI. Q99. Match the following initiatives of Uttar Pradesh with
3. A large CAD automatically leads to a fiscal deficit. their focus area:
a) 1 and 2 only A. One District One Product – 1. Traditional crafts &
b) 2 and 3 only industries
c) 1 and 3 only B. Har Ghar Nal Yojana – 2. Drinking water supply
d) 1, 2 and 3 C. Defence Corridor – 3. Industrial defence production
D. Pro-Poor Tourism Project – 4. Heritage-based livelihood
Q94. Match the following cultural traditions of Uttar Pradesh a) A-1, B-2, C-3, D-4
with their forms: b) A-2, B-3, C-4, D-1
A. Rasiya – 1. Folk songs of Braj region c) A-1, B-4, C-2, D-3
B. Nautanki – 2. Traditional theatre d) A-3, B-1, C-2, D-4
C. Qawwali – 3. Sufi devotional music
D. Birha – 4. Folk songs of eastern UP Q100. Assertion–Reason type:
a) A-1, B-2, C-3, D-4 Assertion (A): India has one of the highest gold imports
b) A-2, B-3, C-1, D-4 globally.
c) A-1, B-3, C-2, D-4 Reason (R): Gold imports are largely due to industrial
d) A-4, B-1, C-2, D-3 demand for electronics and medical instruments.
a) Both A and R are true, and R is the correct explanation of A
Q95. Assertion–Reason type: b) Both A and R are true, but R is not the correct explanation
Assertion (A): India often experiences a ‘twin deficit of A
problem’. c) A is true, R is false
Reason (R): A high Current Account Deficit leads to high d) A is false, R is true
Fiscal Deficit.
a) Both A and R are true, and R is the correct explanation of A Q101. With reference to India’s banking sector, consider the
b) Both A and R are true, but R is not the correct explanation following:
of A 1. Scheduled Commercial Banks include all Public
c) A is true, R is false Sector Banks, Private Banks, Foreign Banks, RRBs,
d) A is false, R is true and Small Finance Banks.
2. Payments Banks are excluded from the category of
Q96. With reference to India’s external debt, consider the Scheduled Commercial Banks.
following: 3. All Scheduled Banks are eligible to borrow from RBI
1. The majority of India’s external debt is denominated under the Liquidity Adjustment Facility (LAF).
in US dollars. a) 1 and 2 only
2. Short-term debt constitutes more than 50% of India’s b) 1 and 3 only
total external debt. c) 2 and 3 only
3. Multilateral borrowings form a significant portion of d) 1, 2 and 3
concessional external debt.
a) 1 and 2 only Q102. Which of the following districts of Uttar Pradesh is
b) 2 and 3 only famous for perfume (attar) industry?
c) 1 and 3 only a) Kannauj
d) 1, 2 and 3 b) Varanasi
c) Bareilly
Q97. Which of the following districts of Uttar Pradesh is d) Agra
famous for wood carving?
a) Saharanpur Q103. Consider the following with reference to India’s
b) Mirzapur unemployment:
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1. Unemployment rate is measured by Periodic Labour c) 1 and 3 only
Force Survey (PLFS). d) 1, 2 and 3
2. Disguised unemployment is generally found in the
agriculture sector. Q109. Match the following dams/barrages of Uttar Pradesh
3. The natural rate of unemployment refers to cyclical with their rivers:
unemployment. A. Rihand Dam – 1. Son
a) 1 and 2 only B. Matatila Dam – 2. Betwa
b) 2 and 3 only C. Gokul Barrage – 3. Yamuna
c) 1 only D. Sarayu Barrage – 4. Ghaghra
d) 1, 2 and 3 a) A-1, B-2, C-3, D-4
b) A-2, B-1, C-4, D-3
Q104. Match the following GI-tagged products of Uttar c) A-1, B-3, C-2, D-4
Pradesh with their category: d) A-4, B-2, C-1, D-3
A. Banarasi Paan – 1. Agricultural product
B. Lucknow Chikan – 2. Handicraft Q110. Assertion–Reason type:
C. Hathras Hing – 3. Spice Assertion (A): India’s forex reserves are partly held in foreign
D. Bhadohi Carpets – 4. Handloom government securities.
a) A-1, B-2, C-3, D-4 Reason (R): This is to ensure both safety and returns on
b) A-2, B-1, C-3, D-4 reserves management.
c) A-1, B-3, C-2, D-4 a) Both A and R are true, and R is the correct explanation of A
d) A-3, B-4, C-2, D-1 b) Both A and R are true, but R is not the correct explanation
of A
Q105. Assertion–Reason type: c) A is true, R is false
Assertion (A): India’s foreign exchange reserves include d) A is false, R is true
SDRs and Reserve Tranche Position in IMF.
Reason (R): These are international reserve assets that can Q111. With reference to India’s inflation dynamics, consider
be converted into foreign currency when needed. the following:
a) Both A and R are true, and R is the correct explanation of A 1. Headline inflation refers to overall CPI including food
b) Both A and R are true, but R is not the correct explanation and fuel.
of A 2. Core inflation excludes food and fuel items.
c) A is true, R is false 3. WPI inflation is used by RBI for inflation targeting.
d) A is false, R is true a) 1 and 2 only
b) 2 and 3 only
Q106. With reference to India’s taxation, consider the c) 1 and 3 only
following: d) 1, 2 and 3
1. Corporate tax is a direct tax, while GST is an indirect
tax. Q112. Which of the following cities of Uttar Pradesh is
2. Securities Transaction Tax (STT) is levied on famous for its glass industry?
purchase/sale of equity shares. a) Moradabad
3. Equalisation Levy applies only on goods imported b) Saharanpur
from foreign e-commerce firms. c) Firozabad
a) 1 and 2 only d) Meerut
b) 2 and 3 only
c) 1 and 3 only Q113. Consider the following regarding India’s trade policy:
d) 1, 2 and 3 1. Merchandise Exports from India Scheme (MEIS) has
been replaced by RoDTEP.
Q107. Which of the following districts of Uttar Pradesh is 2. Special Economic Zones (SEZs) provide tax incentives
known as the ‘Brass City’? to promote exports.
a) Kanpur 3. Export Promotion Capital Goods (EPCG) scheme
b) Moradabad allows duty-free import of capital goods for export
c) Aligarh production.
d) Bareilly a) 1 and 2 only
b) 2 and 3 only
Q108. Consider the following regarding India’s growth c) 1 and 3 only
indicators: d) 1, 2 and 3
1. Gross Value Added (GVA) = GDP – Net taxes on
products. Q114. Match the following folk dances of Uttar Pradesh with
2. Per capita income is measured at constant prices to their region:
reflect living standards. A. Charkula – 1. Braj region
3. National Income is GDP minus depreciation. B. Raslila – 2. Mathura-Vrindavan
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a) 1 and 2 only C. Raut – 3. Bundelkhand
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b) 2 and 3 only D. Jhora – 4. Kumaon migrants in UP
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a) A-1, B-2, C-3, D-4 Reason (R): The services sector in India attracts the largest
b) A-2, B-3, C-1, D-4 share of FDI inflows.
c) A-1, B-3, C-4, D-2 a) Both A and R are true, and R is the correct explanation of A
d) A-4, B-2, C-3, D-1 b) Both A and R are true, but R is not the correct explanation
of A
Q115. Assertion–Reason type: c) A is true, R is false
Assertion (A): India often witnesses food inflation despite d) A is false, R is true
good harvests.
Reason (R): Food inflation is primarily driven by demand- Q121. With reference to India’s external sector, consider the
supply mismatches, storage bottlenecks, and distribution following:
inefficiencies. 1. Current Account includes trade balance, services,
a) Both A and R are true, and R is the correct explanation of A primary income, and secondary income.
b) Both A and R are true, but R is not the correct explanation 2. Capital Account includes FDI, FPI, ECB, and banking
of A capital.
c) A is true, R is false 3. Remittances from NRIs are recorded under the
d) A is false, R is true Capital Account.
a) 1 and 2 only
Q116. With reference to India’s Public Finance, consider the b) 2 and 3 only
following: c) 1 and 3 only
1. Revenue deficit = Revenue expenditure – Revenue d) 1, 2 and 3
receipts.
2. Primary deficit = Fiscal deficit – Interest payments. Q122. Which of the following districts of Uttar Pradesh is
3. Effective revenue deficit = Revenue deficit – Grants for famous for zari-zardozi work?
creation of capital assets. a) Varanasi
a) 1 and 2 only b) Agra
b) 2 and 3 only c) Meerut
c) 1 and 3 only d) Kanpur
d) 1, 2 and 3
Q123. Consider the following regarding India’s financial
Q117. Which of the following districts of Uttar Pradesh is markets:
famous for carpet weaving? 1. Government securities (G-secs) are risk-free
a) Mirzapur instruments issued by RBI on behalf of Government.
b) Kanpur 2. Treasury Bills are issued for maturities up to 1 year.
c) Jhansi 3. Corporate bonds are part of money market
d) Lucknow instruments.
a) 1 and 2 only
Q118. Consider the following regarding India’s agriculture: b) 2 and 3 only
1. The Green Revolution in India primarily focused on c) 1 and 3 only
wheat and rice. d) 1, 2 and 3
2. Operation Flood was associated with milk
production. Q124. Match the following wildlife sanctuaries/national
3. Blue Revolution was launched to increase poultry parks of Uttar Pradesh with their feature:
output. A. Dudhwa National Park – 1. Swamp deer & tiger reserve
a) 1 and 2 only B. Katerniaghat Sanctuary – 2. Gharial & Gangetic dolphin
b) 2 and 3 only C. Chandraprabha Sanctuary – 3. Asiatic lions (historical
c) 1 and 3 only reintroduction attempt)
d) 1, 2 and 3 D. Sohagibarwa Sanctuary – 4. Terai forest near Indo-Nepal
border
Q119. Match the following festivals of Uttar Pradesh with a) A-1, B-2, C-3, D-4
their locations: b) A-2, B-1, C-4, D-3
A. Kajri Mahotsav – 1. Mirzapur c) A-1, B-3, C-2, D-4
B. Bateshwar Fair – 2. Agra d) A-4, B-1, C-2, D-3
C. Deva Mela – 3. Barabanki
D. Dadri Fair – 4. Ballia Q125. Assertion–Reason type:
a) A-1, B-2, C-3, D-4 Assertion (A): India’s GST regime is called a destination-
b) A-2, B-1, C-3, D-4 based tax.
c) A-1, B-3, C-4, D-2 Reason (R): GST is levied in the state where goods are
d) A-4, B-2, C-1, D-3 produced.
a) Both A and R are true, and R is the correct explanation of A
Q120. Assertion–Reason type: b) Both A and R are true, but R is not the correct explanation
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Assertion (A): India’s services sector contributes over half of of A
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the country’s GDP.
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c) A is true, R is false a) 1 and 2 only
d) A is false, R is true b) 2 and 3 only
c) 1 and 3 only
Q126. With reference to India’s fiscal policy, consider the d) 1, 2 and 3
following:
1. Disinvestment receipts are treated as non-tax capital Q132. Which of the following districts of Uttar Pradesh is
receipts. famous for sports goods industry?
2. Borrowings are part of capital receipts in the Union a) Meerut
Budget. b) Gorakhpur
3. Recovery of loans forms part of revenue receipts. c) Jhansi
a) 1 and 2 only d) Lucknow
b) 2 and 3 only
c) 1 and 3 only Q133. Consider the following regarding India’s poverty
d) 1, 2 and 3 measurement:
1. Tendulkar Committee adopted the Mixed Reference
Q127. Which district of Uttar Pradesh is known as the Period (MRP) consumption method.
“Manchester of the East” due to its textile industry? 2. Rangarajan Committee suggested higher poverty
a) Kanpur lines than Tendulkar Committee.
b) Varanasi 3. Poverty estimation in India is based on NSSO
c) Agra household surveys.
d) Aligarh a) 1 and 2 only
b) 2 and 3 only
Q128. Consider the following regarding India’s monetary c) 1 and 3 only
policy instruments: d) 1, 2 and 3
1. Cash Reserve Ratio (CRR) is a quantitative tool.
2. Marginal Standing Facility (MSF) is a qualitative tool. Q134. Match the following rivers of Uttar Pradesh with their
3. Open Market Operations (OMO) affect liquidity in the tributaries:
system. A. Yamuna – 1. Ken, Betwa
a) 1 and 2 only B. Ghaghra – 2. Rapti, Little Gandak
b) 2 and 3 only C. Gomti – 3. Sai
c) 1 and 3 only D. Son – 4. Rihand
d) 1, 2 and 3 a) A-1, B-2, C-3, D-4
b) A-2, B-3, C-4, D-1
Q129. Match the following archaeological sites of Uttar c) A-1, B-3, C-2, D-4
Pradesh with their cultural period: d) A-4, B-1, C-2, D-3
A. Jhusi (Prayagraj) – 1. Neolithic-Chalcolithic
B. Sankisa (Farrukhabad) – 2. Buddhist pilgrimage site Q135. Assertion–Reason type:
C. Ahichchhatra (Bareilly) – 3. Painted Grey Ware culture Assertion (A): India experiences structural inflationary
D. Kaushambi – 4. Mauryan & later periods pressures even during normal monsoon years.
a) A-1, B-2, C-3, D-4 Reason (R): Rising rural wages, increasing MSPs, and supply-
b) A-2, B-3, C-1, D-4 side constraints fuel inflation.
c) A-1, B-3, C-4, D-2 a) Both A and R are true, and R is the correct explanation of A
d) A-4, B-1, C-2, D-3 b) Both A and R are true, but R is not the correct explanation
of A
Q130. Assertion–Reason type: c) A is true, R is false
Assertion (A): India’s agriculture is still heavily dependent on d) A is false, R is true
monsoon rainfall.
Reason (R): Irrigation coverage in India has reached over 90% Q136. With reference to India’s employment trends,
of gross cropped area. consider the following:
a) Both A and R are true, and R is the correct explanation of A 1. The Periodic Labour Force Survey (PLFS) provides
b) Both A and R are true, but R is not the correct explanation quarterly estimates of urban unemployment.
of A 2. Worker Population Ratio (WPR) indicates the
c) A is true, R is false proportion of employed persons in the population.
d) A is false, R is true 3. Labour Force Participation Rate (LFPR) is always
higher than WPR.
Q131. With reference to India’s economic planning, consider a) 1 and 2 only
the following: b) 2 and 3 only
1. NITI Aayog replaced the Planning Commission in c) 1 and 3 only
2015. d) 1, 2 and 3
2. NITI Aayog has no financial allocation powers.
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3. Governing Council of NITI Aayog includes all Union Q137. Which of the following districts of Uttar Pradesh is
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Cabinet Ministers. famous for glass bead industry?
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a) Varanasi Q143. Consider the following regarding India’s agricultural
b) Kanpur economy:
c) Ghaziabad 1. India is the largest producer of pulses in the world.
d) Lucknow 2. India is the largest consumer and importer of pulses.
3. MSP is declared for more than 20 crops including
Q138. Consider the following regarding India’s financial pulses.
stability: a) 1 and 2 only
1. Systemically Important Banks (D-SIBs) are identified b) 2 and 3 only
by RBI. c) 1 and 3 only
2. D-SIBs are subjected to additional capital d) 1, 2 and 3
requirements.
3. NBFCs can also be classified as systemically Q144. Match the following Mughal monuments of Uttar
important by RBI. Pradesh with their locations:
a) 1 and 2 only A. Buland Darwaza – 1. Fatehpur Sikri
b) 2 and 3 only B. Itmad-ud-Daulah’s Tomb – 2. Agra
c) 1 and 3 only C. Bara Imambara – 3. Lucknow
d) 1, 2 and 3 D. Akbar’s Tomb – 4. Sikandra
a) A-1, B-2, C-3, D-4
Q139. Match the following freedom fighters of Uttar Pradesh b) A-2, B-1, C-4, D-3
with their contribution: c) A-1, B-3, C-2, D-4
A. Ram Prasad Bismil – 1. Kakori Conspiracy d) A-4, B-2, C-1, D-3
B. Chandra Shekhar Azad – 2. Hindustan Socialist
Republican Association Q145. Assertion–Reason type:
C. Begum Hazrat Mahal – 3. Revolt of 1857 (Lucknow) Assertion (A): India faces a persistent problem of disguised
D. Jawaharlal Nehru – 4. Allahabad Congress Session, 1930 unemployment in agriculture.
a) A-1, B-2, C-3, D-4 Reason (R): The marginal productivity of additional labour in
b) A-2, B-1, C-4, D-3 agriculture is nearly zero.
c) A-1, B-3, C-2, D-4 a) Both A and R are true, and R is the correct explanation of A
d) A-4, B-2, C-1, D-3 b) Both A and R are true, but R is not the correct explanation
of A
Q140. Assertion–Reason type: c) A is true, R is false
Assertion (A): India often runs a merchandise trade deficit d) A is false, R is true
but still maintains a surplus in the services sector.
Reason (R): India’s IT and software exports are globally Q146. With reference to India’s fiscal deficit financing,
competitive, offsetting part of the trade deficit. consider the following:
a) Both A and R are true, and R is the correct explanation of A 1. Fiscal deficit can be financed by market borrowings.
b) Both A and R are true, but R is not the correct explanation 2. It can also be financed by external borrowings.
of A 3. Printing of currency by RBI is a regular source of
c) A is true, R is false financing fiscal deficit.
d) A is false, R is true a) 1 and 2 only
b) 2 and 3 only
Q141. With reference to India’s fiscal transfers, consider the c) 1 and 3 only
following: d) 1, 2 and 3
1. Finance Commission recommends the vertical and
horizontal distribution of tax revenue. Q147. Which of the following districts of Uttar Pradesh is
2. Horizontal distribution is based only on the known as the “Lock City”?
population of states. a) Aligarh
3. Finance Commission also recommends grants-in-aid b) Moradabad
to states. c) Meerut
a) 1 and 2 only d) Jhansi
b) 1 and 3 only
c) 2 and 3 only Q148. Consider the following about India’s economic
d) 1, 2 and 3 indicators:
1. GDP at market prices = GVA at basic prices + Net
Q142. Which of the following districts of Uttar Pradesh is taxes on products.
famous for scissors industry? 2. Net National Income = GDP at factor cost –
a) Meerut depreciation.
b) Moradabad 3. Per capita Net National Income is considered the
c) Muzaffarnagar best measure of average income.
d) Saharanpur a) 1 and 2 only
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b) 2 and 3 only
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d) 1, 2 and 3
Q149. Match the following freedom movements in Uttar
Pradesh with their leaders:
A. Kakori Conspiracy – 1. Ram Prasad Bismil
B. Chauri Chaura – 2. Local peasants (1922 incident)
C. Non-Cooperation in Awadh – 3. Baba Ramchandra
D. Quit India in Ballia – 4. Chittu Pandey
a) A-1, B-2, C-3, D-4
b) A-2, B-3, C-1, D-4
c) A-1, B-3, C-4, D-2
d) A-4, B-1, C-2, D-3
Q150. Assertion–Reason type:
Assertion (A): India continues to experience a large informal
sector in its economy.
Reason (R): High regulatory costs, lack of credit access, and
labour market rigidities keep firms informal.
a) Both A and R are true, and R is the correct explanation of A
b) Both A and R are true, but R is not the correct explanation
of A
c) A is true, R is false
d) A is false, R is true
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Q1. Q9.
Correct Answer: (b) Correct Answer: (d)
Explanation: Explanation:
• Das Kapital → Karl Marx • ODOP focuses on promoting district-wise traditional
• Wealth of Nations → Adam Smith products.
• General Theory… → Keynes • Kisan Rath Yojana (2010-11) provides transport
• Foundations of Economic Analysis was written by support to farmers.
Paul Samuelson, not Marshall. Hence 3 correct. • Gokul Award Scheme promotes milk production.
Q2. Q10.
Correct Answer: (b) Correct Answer: (c)
Explanation: Explanation:
• UP leads in wheat, sugarcane, potato, milk & • Revenue receipts projected increase (₹34.2 lakh
livestock. crore).
• Rajasthan is largest by area, UP is 4th. • Capital expenditure projected rise, not decline.
• Sonbhadra borders 4 states → maximum in UP. • Fiscal deficit target lowered to 5.1% from 5.7%.
Q3. Q11.
Correct Answer: (b) Correct Answer: (c)
Explanation: Explanation:
Developed economies have high income, capital formation, • RBI uses CPI for inflation targeting.
consumption, but low population growth. High population • WPI covers only goods, not services.
growth is a feature of less developed economies. • Headline inflation includes food & fuel.
Q4. Q12.
Correct Answer: (a) Correct Answer: (a)
Explanation: Explanation:
• Kisan Bahi Yojana – 1992 • UP borders 8 states + Delhi UT.
• Chakbandi Yojana – 1954 • Also shares boundary with Nepal.
• Kisan Mitra Yojana – 2001 • UP is largest by population, not second.
• Urja Shahar Yojana – 2008
Q13.
Q5. Correct Answer: (a)
Correct Answer: (a) Explanation:
Explanation: • World Development Report → World Bank
The scheme aims to eliminate extreme poverty by 2030 via • World Economic Outlook → IMF
skill development, livelihood creation, and social security • Global Financial Stability Report → IMF
support. • Financial Stability Report → RBI
Q6. Q14.
Correct Answer: (a) Correct Answer: (d)
Explanation: Explanation:
• Capitalist = Market/Unplanned Economy • Dudhwa NP – Lakhimpur Kheri
• Socialist = Command/Planned Economy • Ranipur TR – Chitrakoot
• India is a mixed economy, not purely capitalist. • Amangarh TR – Bijnor
All three are correctly matched.
Q7.
Correct Answer: (a) Q15.
Explanation: Correct Answer: (b)
• Yamuna Expressway (2012) → Greater Noida to Agra Explanation:
• Agra–Lucknow Expressway (2016) FRBM Act seeks fiscal discipline by eliminating revenue
• Purvanchal Expressway (2021) deficit, controlling fiscal deficit, and ensuring inter-
• Bundelkhand Expressway (2022) generational equity in fiscal management.
Thus, the sequence is 1-2-3-4.
Q16.
Q8. Correct Answer: (d)
Correct Answer: (c) Explanation:
Explanation: National Income accounting includes GDP, NDP, NNI, GNP,
• Law of Demand → Inverse relation of price & demand PCI, PDI etc. All three listed are part of national income
• Giffen goods violate the law (demand rises with price) framework.
• Essential goods have inelastic demand
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Q17.
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Correct Answer: (a)
Explanation: Q26.
UP is top producer of wheat, sugarcane, potato, and milk. It Correct Answer: (a)
is a large rice producer but not the top (West Bengal leads in Explanation:
rice). Primary Deficit = Fiscal Deficit – Interest Payments.
It shows government borrowing requirements excluding
Q18. interest liabilities.
Correct Answer: (b)
Explanation: Q27.
The twin balance sheet problem refers to bad loans of banks Correct Answer: (b)
and overleveraged corporate sector, which created a credit Explanation:
slowdown. Sonbhadra shares borders with 4 states – Madhya Pradesh,
Chhattisgarh, Jharkhand, Bihar.
Q19.
Correct Answer: (a) Q28.
Explanation: Correct Answer: (d)
• Rihand Dam – Rihand River Explanation:
• Matatila Dam – Betwa River • MSP is recommended by CACP (Commission for
• Narora Barrage – Ganga Agricultural Costs and Prices).
• Kalagarh Dam – Ramganga • Monetary Policy is RBI’s domain.
• Fiscal Policy is managed by Ministry of Finance.
Q20.
Correct Answer: (b) Q29.
Explanation: Correct Answer: (d)
Effective capital expenditure = Central capital expenditure + Explanation:
support to states for creation of capital assets. It indicates UP is divided into 9 agro-climatic zones. Vindhyan (Mirzapur,
actual productive asset creation. Sonbhadra), Bundelkhand (Jhansi, Lalitpur), Tarai
(Gorakhpur, Lakhimpur Kheri) are correctly matched.
Q21.
Correct Answer: (a) Q30.
Explanation: Correct Answer: (b)
• Repo Rate → lending rate of RBI to banks Explanation:
• Reverse Repo Rate < Repo Rate DBT aims to reduce leakages, improve targeting, and deliver
• MSF is higher than Repo, not lower subsidies/benefits directly to beneficiaries via bank
accounts, using Aadhaar and digital platforms.
Q22.
Correct Answer: (b) Q31.
Explanation: Correct Answer: (b)
Ayodhya has been declared the first solar city of Uttar Explanation:
Pradesh to promote renewable energy and sustainable • CACP got its present name in 1985
development initiatives. • Its MSP recommendations are advisory, not binding
• NFSA, 2013 covers 75% rural and 50% urban
Q23. population (~two-thirds)
Correct Answer: (d)
Explanation: Q32.
BoP records all external sector transactions. It includes the Correct Answer: (a)
current account (trade, invisibles), the capital account, Explanation:
and the financial account. • ODOP launched in 2018
• Defence Industrial Corridor announced in 2018,
Q24. operationalized later
Correct Answer: (c) • Purvanchal Expressway inaugurated in 2021
Explanation: • Zero Poverty Scheme introduced in 2025
In April 2025, the Banarasi Shehnai was granted the → Correct sequence: 1-3-2-4.
Geographical Indication (GI) tag, recognizing its cultural and
historical significance. Q33.
Correct Answer: (a)
Q25. Explanation:
Correct Answer: (c) • Current Account includes goods, services, transfers
Explanation: • Capital Account covers FDI, FPI, ECB, etc.
GST is an indirect tax. Income tax, corporate tax, and • Increase in remittances reduces CAD, not widens
securities transaction tax are direct taxes borne directly by
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taxpayers. Q34.
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Correct Answer: (d) • Highways (asset creation) → capital expenditure
Explanation: • Interest payments are revenue, not capital
All three are correct:
• UP-ONA (UP Open Network for Agriculture) → digital Q42.
agri-ecosystem. Correct Answer: (a)
• AI Pragya → AI-driven initiative. Explanation:
• Buffer Mein Safar Yojana → rural tourism promotion. UP leads in sugarcane and wheat. In mango production,
Andhra Pradesh is ahead, though UP contributes
Q35. significantly.
Correct Answer: (a)
Explanation: Q43.
RBI conducts Open Market Operations (buying/selling G- Correct Answer: (c)
secs) to control liquidity. Both A and R are true, and R Explanation:
explains A correctly. • Global Peace Index → India ranks around 120+
• Henley Passport Index → India ~80th, not top 50
Q36. • Global Findex → India leads in bank account
Correct Answer: (a) ownership
Explanation:
• Direct taxes are levied on income and cannot be Q44.
shifted. Correct Answer: (a)
• Indirect taxes (GST, excise, etc.) are considered Explanation:
regressive. • Ghaghra → Rapti
• STT and corporate tax are direct taxes, not indirect. • Yamuna → Chambal
• Son → Rihand
Q37 • Gomti → Sai
Correct Answer: (b)
Explanation: Q45.
• ODOP expanded around 2020. Correct Answer: (a)
• Har Ghar Nal Yojana waiver announced in 2024. Explanation:
• Chatbot for transport launched in 2025. • RBI uses LAF (Repo & Reverse Repo) to inject/absorb
• Buffer Mein Safar Yojana also launched in 2025. liquidity.
• R explains the purpose of A correctly.
Q38.
Correct Answer: (c) Q46.
Explanation: Correct Answer: (a)
• CRR → portion kept with RBI Explanation:
• SLR → kept by banks in form of liquid assets (cash, • Current base year → 2011–12
gold, approved securities), not with RBI • Nominal GDP = inflation-adjusted? No, it includes
• OMOs influence liquidity and short-term interest inflation. Real excludes inflation.
rates • Next base year revision is under discussion but likely
2017–18 dropped, being reconsidered.
Q39.
Correct Answer: (a) Q47.
Explanation: Correct Answer: (a)
• Banarasi Saree → Textile Explanation:
• Allahabadi Guava → Agriculture Sonbhadra district hosts multiple large thermal power plants
• Banarasi Shehnai → Cultural Artefact (Rihand, Obra, Anpara), hence called the Energy Capital of
• Lucknow Zardozi → Handicraft India.
Q40. Q48.
Correct Answer: (b) Correct Answer: (b)
Explanation: Explanation:
• Fiscal deficit is indeed a challenge for macro-stability. • Payments Banks can accept deposits up to ₹2 lakh
• However, high fiscal deficit does not always lead to • Cannot issue credit cards
inflation; effect depends on demand-supply, • Must invest minimum 75% of demand deposits in G-
productive use, and monetary stance. Hence R is not secs/T-bills
the full explanation.
Q49.
Q41. Correct Answer: (b)
Correct Answer: (b) Explanation:
Explanation: • Allahabad High Court → 1866
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• Salaries → revenue expenditure • Uttarakhand formed → 2000
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• Kumbh Mela ICH → 2017 • Jewar (Noida) is a greenfield project, not under UDAN
• Allahabad renamed Prayagraj → 2018
Q58.
Q50. Correct Answer: (d)
Correct Answer: (a) Explanation:
Explanation: Gini coefficient = 0 (perfect equality) → 1 (perfect inequality).
• India is heavily dependent on oil imports (~80%). It is the most common measure of inequality.
• Lower oil prices reduce import bill → CAD narrows.
• Hence both A and R true, and R explains A. Q59.
Correct Answer: (a)
Q51. Explanation:
Correct Answer: (c) • Fatehpur Sikri → UNESCO World Heritage Site
Explanation: • Kumbh Mela → Intangible Cultural Heritage
• RBI uses CPI-Combined for inflation targeting • Sarnath → Tentative WHS
• WPI includes both food & fuel • Varanasi → UNESCO Creative City (music)
• Core inflation = CPI excluding food & fuel
Q60.
Q52. Correct Answer: (a)
Correct Answer: (b) Explanation:
Explanation: • Agriculture share in employment is falling (~43%
• UP = most populous now).
• Sex ratio is below national average • Mechanization + diversification into industry/services
• Population share ~16-17% of India explain the shift.
Q53. Q61.
Correct Answer: (b) Correct Answer: (c)
Explanation: Explanation:
• FRBM mandates 3 statements, including Medium- • Petroleum products (refined) are India’s top exports
Term Fiscal Policy • Gold is not the largest import (Crude oil leads)
• Finance Commission recommendations are advisory • USA has emerged as India’s top trading partner
• Effective Revenue Deficit was introduced in Union
Budget 2011-12, following 13th Finance Commission Q62.
Correct Answer: (a)
Q54. Explanation:
Correct Answer: (a) • Services contribute higher share than agriculture in
Explanation: UP GSDP
• Neja Mela – Saharanpur • UP has the largest MSME base
• Ramnagar Ramlila – Varanasi • Kerala receives the highest remittances, not UP
• Taj Mahotsav – Agra
• Dev Deepawali – Varanasi Q63.
Correct Answer: (d)
Q55. Explanation:
Correct Answer: (a) Both committees (1991, 1998) suggested lowering CRR/SLR,
Explanation: ARCs for bad loans, and consolidation of banks.
• Services contribute ~55% of GDP and lead growth
• Services (IT, finance, trade) need lower capital than Q64.
heavy industries and have strong export base Correct Answer: (a)
Explanation:
Q56. • Gomti → Madhotanda, Pilibhit
Correct Answer: (a) • Ghaghra → Tibet (Karnali/Mansarovar region)
Explanation: • Betwa → Vindhya, MP
• Tendulkar Committee introduced uniform poverty • Ken → Barner Plateau
line basket
• Rangarajan Committee raised the poverty line Q65.
• NITI Aayog still uses consumption data; it has not fully Correct Answer: (a)
abandoned poverty estimation Explanation:
Even with higher GST and direct tax revenues, India’s large
Q57. committed expenditure limits fiscal flexibility, hence A and R
Correct Answer: (a) both true and linked.
Explanation:
• Kushinagar (operational) Q66.
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• Azamgarh Airport approved under UDAN
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Correct Answer: (d) • Nawabganj Bird Sanctuary → Unnao
Explanation: • Sohagibarwa → Maharajganj
• GST is destination-based • Hastinapur → Meerut
• GST Council → 1/3rd weight to Centre, 2/3rd to states;
two-thirds approval needed Q75.
• Finance Minister chairs GST Council Correct Answer: (c)
Explanation:
Q67. • WPI and CPI differ because WPI has higher weight
Correct Answer: (d) for manufactured goods, while CPI has higher
Explanation: weight for food — the reverse of the reason given.
• Pro-Poor Tourism Project – heritage tourism.
• Ekana Sports City – sports + tourism hub. Q76.
• Buffer Mein Safar Yojana – eco-tourism. Correct Answer: (d)
Explanation:
Q68. • Current Account → goods, services, income, transfers
Correct Answer: (b) • Capital Account → FDI, FPI, ECB, banking capital
Explanation: • Invisible receipts (remittances, services exports)
• SCBs include PSBs, private, RRBs, foreign, payments improve CAD
banks
• Small Finance Banks are scheduled banks Q77.
• All scheduled banks maintain CRR & SLR Correct Answer: (a)
Explanation:
Q69. UP tops in mango and guava production. Banana
Correct Answer: (a) production is led by Maharashtra.
Explanation:
• Revolt 1857 (Kanpur, Lucknow) Q78.
• BHU established 1916 Correct Answer: (d)
• Congress Session 1930 Explanation:
• ODOP launched 2018 • Internal debt > external debt
• External debt mostly concessional (multilateral,
Q70. bilateral)
Correct Answer: (b) • Market borrowings = largest part of internal debt
Explanation:
• India’s productivity is indeed lower Q79.
• Reason: fragmented holdings, low mechanization, Correct Answer: (a)
irrigation gaps — not just GDP allocation. Hence R is Explanation:
not full explanation. All four correctly matched: Todar Mal (revenue reforms),
Rani Laxmibai (Jhansi, 1857), Malaviya (BHU founder), Hazrat
Q71. Mahal (Lucknow, 1857).
Correct Answer: (a)
Explanation: Q80.
• MPC = 6 members Correct Answer: (a)
• Decisions by majority, Governor has casting vote Explanation:
• Target is 4% ± 2%, not ±3% • Fiscal deficit → mainly financed via market borrowings
• FRBM restricts RBI borrowing, except in emergencies
Q72. → hence R explains A.
Correct Answer: (a)
Explanation: Q81.
UP tops in potato and sugarcane. In pulses, MP leads, not Correct Answer: (b)
UP. Explanation:
• IIP is compiled by CSO (MoSPI), not OEA
Q73. • Eight Core Industries weight ~40% in IIP
Correct Answer: (b) • Electricity has highest weight (among core), followed
Explanation: by refinery products
• FC under Article 280 every 5 years
• Its recommendations are advisory, not binding Q82.
• TORs decided by President Correct Answer: (d)
Explanation:
Q74. All four rivers—Yamuna, Ghaghra, Son, Chambal—are part
Correct Answer: (a) of UP’s river system, contributing to the state’s drainage
Explanation: divide between Ganga basin and others.
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• Katarniaghat → Bahraich
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Q83. • Fiscal deficit = total expenditure – total receipts (excl.
Correct Answer: (a) borrowings), includes both revenue & capital side
Explanation: • Monetization is not via WMA (short-term tool), rather
• Strategic disinvestment = equity sale + management through market borrowing & special arrangements
control • FRBM targeted elimination of revenue deficit
• Disinvestment proceeds = non-tax capital receipts
• Department of Investment & Public Asset Q92.
Management (DIPAM) handles it Correct Answer: (a)
Explanation:
Q84. Aligarh is globally famous for its locks and hardware
Correct Answer: (a) industry.
Explanation:
Kanpur (Manchester of East), Mirzapur (Carpet City), Q93.
Firozabad (City of Bangles), Moradabad (Brass City). Correct Answer: (a)
Explanation:
Q85. • Rupee depreciation → exports competitive
Correct Answer: (a) • CAD financed by FDI/FPI/ECB
Explanation: • CAD ≠ Fiscal deficit; they are separate
Forex reserves help manage rupee volatility, cover imports,
and ensure confidence in India’s external sector stability. Q94.
Correct Answer: (a)
Q86. Explanation:
Correct Answer: (c) Rasiya (Braj songs), Nautanki (theatre), Qawwali (Sufi
Explanation: devotional), Birha (folk of eastern UP).
• MSP announced for kharif & rabi crops
• MSP is notified by Ministry of Agriculture & Farmers’ Q95.
Welfare on recommendation of CACP? Actually Correct Answer: (b)
notified by Cabinet Committee on Economic Affairs Explanation:
(CCEA). Twin deficit = coexistence of CAD + fiscal deficit. Both are
• Procurement at MSP is not mandatory, only for true issues but not causally linked in a strict sense.
select crops under govt schemes
Q96.
Q87. Correct Answer: (c)
Correct Answer: (d) Explanation:
Explanation: • US dollars dominate external debt
Muzaffarnagar is known as the “Sugar Bowl of India” due to • Short-term debt is less than 25%, not 50%
its high sugarcane cultivation and sugar mills. • Concessional borrowings largely from World Bank,
ADB etc.
Q88.
Correct Answer: (d) Q97.
Explanation: Correct Answer: (a)
All three correct → JDY for bank accounts, AePS via Aadhaar Explanation:
biometrics, SFBs target small depositors and borrowers. Saharanpur is renowned for its wood carving craft, exported
globally.
Q89.
Correct Answer: (a) Q98.
Explanation: Correct Answer: (a)
Sarnath (Buddha’s first sermon), Ayodhya (Lord Rama Explanation:
birthplace), Kushinagar (Buddha’s nirvana), Chunar Fort • Revenue expenditure = no asset creation
(historic fort). • Capital expenditure = asset creation
• Some grants (like for capital projects) are capital in
Q90. nature
Correct Answer: (a)
Explanation: Q99.
India formally adopted inflation targeting (4% ± 2%) in 2016 Correct Answer: (a)
under MPC. The rationale is to anchor expectations and Explanation:
strengthen credibility. • ODOP → crafts/industries
• Har Ghar Nal → water
Q91. • Defence Corridor → defence industries
Correct Answer: (c) • Pro-Poor Tourism → heritage-based livelihood
Explanation:
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Q100.
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Correct Answer: (c) • Per capita income is usually reported at current
Explanation: prices, not constant
• India imports huge gold volumes • National Income = NDP at factor cost = GDP –
• But primarily for jewellery & investment demand, depreciation + net factor income from abroad
not industrial demand
Q109.
Q101. Correct Answer: (a)
Correct Answer: (b) Explanation:
Explanation: • Rihand → Son
• SCBs include PSBs, Private, Foreign, RRBs, SFBs • Matatila → Betwa
• Payments Banks are also scheduled (if included in • Gokul → Yamuna
2nd Schedule) • Sarayu Barrage → Ghaghra
• All scheduled banks can access LAF
Q110.
Q102. Correct Answer: (a)
Correct Answer: (a) Explanation:
Explanation: India’s forex reserves are diversified into foreign securities
Kannauj is called the “Perfume City of India” due to its (mainly US Treasuries, Eurobonds, etc.) for safety, liquidity,
traditional attar industry. and some returns.
Q103. Q111
Correct Answer: (a) Correct Answer: (a)
Explanation: Explanation:
• PLFS measures unemployment • Headline = overall CPI
• Disguised unemployment is common in agriculture • Core = CPI excluding food & fuel
• Natural rate refers to frictional + structural • RBI uses CPI-Combined, not WPI
unemployment, not cyclical
Q112.
Q104. Correct Answer: (c)
Correct Answer: (a) Explanation:
Explanation: Firozabad is known as the “City of Glass/Bangles” due to
• Banarasi Paan → agricultural its glass and bangle industries.
• Lucknow Chikan → handicraft
• Hathras Hing → spice Q113.
• Bhadohi carpets → handloom Correct Answer: (d)
Explanation:
Q105. All three correct → MEIS replaced by RoDTEP, SEZ tax
Correct Answer: (a) benefits, EPCG duty-free import.
Explanation:
India’s forex reserves include foreign currency assets, gold, Q114.
SDRs, and RTP in IMF. SDRs & RTP are reserve assets usable Correct Answer: (a)
in BoP crises. Explanation:
• Charkula (Braj), Raslila (Mathura-Vrindavan), Raut
Q106. (Bundelkhand), Jhora (Kumaoni tradition in UP).
Correct Answer: (a)
Explanation: Q115.
• Corporate tax → direct; GST → indirect Correct Answer: (a)
• STT levied on stock trades Explanation:
• Equalisation Levy is on digital services, not physical Food inflation persists due to poor supply chain, hoarding,
imports storage losses, and distribution gaps even when harvests are
good.
Q107.
Correct Answer: (b) Q116.
Explanation: Correct Answer: (d)
Moradabad is called Brass City due to its world-famous Explanation:
brassware industry. All three definitions are correct and form part of India’s fiscal
indicators.
Q108.
Correct Answer: (c) Q117. Which of the following districts of Uttar Pradesh is
Explanation: famous for carpet weaving?
• GVA = GDP – net indirect taxes a) Mirzapur
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b) Kanpur
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c) Jhansi Correct Answer: (c)
d) Lucknow Explanation:
Correct Answer: (a) GST is destination-based, but levied where goods/services
Explanation: are consumed, not produced.
Mirzapur and Bhadohi region are renowned for hand-knotted
carpets exported worldwide. Q126.
Correct Answer: (a)
Q118. Explanation:
Correct Answer: (a) • Disinvestment = non-tax capital receipts
Explanation: • Borrowings = capital receipts
• Green Revolution → wheat & rice • Recovery of loans = capital receipts, not revenue
• Operation Flood → milk
• Blue Revolution → fisheries (not poultry) Q127.
Correct Answer: (a)
Q119. Explanation:
Correct Answer: (a) Kanpur became a textile hub during colonial period, hence
Explanation: called Manchester of the East.
• Kajri Mahotsav → Mirzapur
• Bateshwar Fair → Agra Q128.
• Deva Mela → Barabanki Correct Answer: (c)
• Dadri Fair → Ballia Explanation:
• CRR = quantitative tool
Q120. • MSF = part of LAF, quantitative tool
Correct Answer: (b) • OMO = RBI’s buying/selling govt securities to manage
Explanation: liquidity
Services sector → ~55% of GDP
Also largest FDI recipient Q129.
But GDP contribution is due to domestic consumption, IT, Correct Answer: (a)
finance, not only FDI inflows. Explanation:
Jhusi → Neolithic-Chalcolithic, Sankisa → Buddhist,
Q121. Ahichchhatra → PGW, Kaushambi → Mauryan & post-
Correct Answer: (a) Mauryan remains.
Explanation:
• Current Account → goods, services, income, transfers Q130
• Capital Account → FDI, FPI, ECB Correct Answer: (c)
• Remittances = secondary income under Current Explanation:
Account India’s agriculture depends on monsoon
But irrigation covers ~50% gross cropped area, not 90%
Q122.
Correct Answer: (a) Q131.
Explanation: Correct Answer: (a)
Varanasi is world-famous for zari-zardozi embroidery along Explanation:
with Banarasi silk weaving. • NITI Aayog replaced Planning Commission in 2015
• It is a policy think-tank without financial powers
Q123. • Governing Council includes CMs + LGs, not Union
Correct Answer: (a) Ministers
Explanation:
• G-secs issued by RBI on behalf of Govt Q132.
• T-Bills maturity ≤ 364 days Correct Answer: (a)
• Corporate bonds = capital market instruments Explanation:
Meerut is globally famous for sports goods manufacturing,
Q124. especially cricket equipment.
Correct Answer: (a)
Explanation: Q133.
• Dudhwa → swamp deer, tiger reserve Correct Answer: (b)
• Katerniaghat → gharial, dolphin Explanation:
• Chandraprabha → lions reintroduction attempt • Tendulkar used Uniform Reference Period (URP),
(1950s) not MRP
• Sohagibarwa → Terai near Indo-Nepal border • Rangarajan recommended higher poverty lines
• NSSO surveys used for estimation
Q125.
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Q134.
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Correct Answer: (a) Q143.
Explanation: Correct Answer: (d)
Yamuna → Ken, Betwa; Ghaghra → Rapti, Little Gandak; Explanation:
Gomti → Sai; Son → Rihand. All statements correct → India = largest producer, consumer,
importer of pulses; MSP declared for 22 crops including
Q135. pulses.
Correct Answer: (a)
Explanation: Q144.
Structural inflation in India arises from rural wage hikes, MSP Correct Answer: (a)
increases, logistics bottlenecks, and demand pressures. Explanation:
Buland Darwaza (Fatehpur Sikri), Itmad-ud-Daulah (Agra),
Q136. Bara Imambara (Lucknow), Akbar’s Tomb (Sikandra).
Correct Answer: (a)
Explanation: Q145.
• PLFS → quarterly urban, annual rural + urban Correct Answer: (a)
• WPR = employed / total population Explanation:
• LFPR may not always be higher than WPR (it can be Disguised unemployment = more workers engaged than
equal when unemployment is negligible). required, marginal productivity = zero, hence reason
explains assertion.
Q137.
Correct Answer: (a) Q146.
Explanation: Correct Answer: (a)
Varanasi is globally renowned for its glass beads and Explanation:
handicrafts, exported worldwide. • Market borrowings and external borrowings finance
fiscal deficit
Q138 • Printing of currency is avoided; only used in
Correct Answer: (d) emergencies
Explanation:
• RBI identifies D-SIBs (currently SBI, ICICI, HDFC Q147.
Bank) Correct Answer: (a)
• They face higher capital adequacy requirements Explanation:
• NBFCs are classified as systemically important if Aligarh is famous for its lock and hardware industry,
asset size > ₹500 crore earning the title “Lock City.”
Q139. Q148
Correct Answer: (a) Correct Answer: (c)
Explanation: Explanation:
Bismil (Kakori), Azad (HSRA), Hazrat Mahal (1857 Lucknow), • GDP-MP = GVA + net taxes
Nehru (1930 Allahabad session). • NNI = GNP – depreciation, not GDP-FC
• Per capita NNI is best indicator of average income
Q140.
Correct Answer: (a) Q149.
Explanation: Correct Answer: (a)
India’s trade → merchandise deficit due to oil & imports, but Explanation:
surplus in services due to IT, software, BPO. R correctly Kakori (Bismil), Chauri Chaura (peasants), Awadh (Baba
explains A. Ramchandra), Quit India Ballia (Chittu Pandey).
Q141. Q150.
Correct Answer: (b) Correct Answer: (a)
Explanation: Explanation:
• Finance Commission = vertical (Centre-State) + The informal sector persists due to credit, compliance, and
horizontal (among states) labour rigidities → R explains A.
• Horizontal distribution = based on population,
income distance, area, forest cover, etc.
• Grants-in-aid also recommended
Q142.
Correct Answer: (a)
Explanation:
Meerut is known for its scissors industry, besides sports
goods.
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