Q1 Exam Pattern Medium
Which of the following best describes the relationship between Gross Domestic Product (GDP) and Gross National Product (GNP)?
A GDP and GNP are identical measures of economic output B GNP includes Net Factor Income from Abroad, while GDP does not C GDP is always greater than GNP in developing countries D GNP measures only the output produced by the government sector
Q2 Medium
Which of the following is NOT a function of the Reserve Bank of India as per the RBI Act, 1934?
A Regulation and supervision of banks B Implementation of PM-KISAN Samman Nidhi scheme C Formulation and conduct of monetary policy D Management and issue of currency notes
Q3 Medium
Which of the following international organisations has India as a permanent member of its Security Council?
A United Nations Security Council B World Trade Organization C International Monetary Fund (Board of Governors) D None of the above - India is not a permanent member of any global security/governance body
Q4 Exam Pattern Medium
The Minimum Support Price (MSP) for agricultural commodities in India is recommended by which body?
A National Bank for Agriculture and Rural Development (NABARD) B Commission for Agricultural Costs and Prices (CACP) C Food Corporation of India (FCI) D Agricultural and Processed Food Products Export Development Authority (APEDA)