1) During which Five Year Plan was the Emergency clamped, new elections took place and the Janata Party was elected?

2) Participatory Notes (PNs) are associated with which one of the following?

3) Which one of the following is the correct statement?

Service tax is a/an:

4) Five Year Plan in India is finally approved by:

5) With reference to the Indian Public Finance, consider the following statements:

1. External liabilities reported in the Union Budget are based on historical exchange rates

2. The continued high borrowing has kept the real interest rates high in the economy

3. The upward trend in the ratio of Fiscal Deficit of GDP a recent years has an adverse effect on private investment

4. Interest payments is the single largest component of the non-plan revenue expenditure of the Union Government

Which of these statements are correct?

6) Global capital flows to developing countries increased significantly during the nineties. In view of the East Asian financial crisis and Latin American experience, which type of inflow is good for the host country?

7) The growth rate of per capita income at current prices is higher than that of per capita income at constant prices, because the latter takes into account the rate of :

8) Consider the following statements:  The Indian rupee is fully convertible:

1. in respect of Current Account of Balance of payment

2. in respect of Capital Account of Balance of payment

3. into gold

Which of these statements is/are correct ?

9) Economic liberalisation in India started with:

10) “...instil into the vast millions of workers, men and women, who actually do the job, a sense of partnership and of cooperative performance...” The above passage relates to:

11) Assertion (A) : The rate of growth of India’s exports has shown an appreciable increase after 1991.  Reason (R) : The Govt. of India has resorted to devaluation.

12) A rise in ‘SENSEX’ means:

13) Which one of the following is the objective of National Renewal Fund?

14) The planning process is the industries sector in India has assumed a relatively less important position in the nineties as compared to that in the earlier period.

Which one of the following is not true in this regard?

15) Which one of the following regions of the world supplies the maximum of our imported commodities (in terms of rupee value)?

16) The Sixth and the Eighth Five Year Plans covered the period 1980-1985 and 1992-1997 respectively . The Seventh Five Year Plan covered the period:

17) Consider the following items imported by India:

1. Capital goods

2. Petroleum

3. Pearls and precious stones

4. Chemicals

5. Iron and Steel

The correct sequence of the decreasing order of these items (as per 94-95 figures), in terms of value is:

18) Consider the following statements :

Most international agencies which find Development Programme in India on intergovernmental bilateral agreements, mainly provide:

1. Technical assistance

2. Soft loans which are required to be paid back with interest

3. Grants, not required to be paid back

4. Food assistance to be paid back

19) The Eighth Five Year Plan is different from the earliest ones.

The critical difference lies in the fact that:

20) Given below are two statements, one labelled as Assertion (A) and the other labelled as Reason (R).

Assertion (A) : An important policy instrument of economic liberalization is reduction in import duties on capital goods.

Reason (R) : Reduction in import duties would help the local entrepreneurs to improve technology to face the global markets.

In the context of the above two statements, which one of the following is correct?

21) The New Exim Policy announced in 1992, is for period of :

22) The largest source of financing the public sector outlay of the Eighth Five Year Plan comes from:

23) What is the annual rate aimed in the Eighth Five Year Plan

24) Which of the following are among the non-plan expenditures of the Government of India?

1. Defence expenditure

2. Subsidies

3. All expenditures linked with the previous plan periods

4. Interest payment Codes:

25) Which one of the following Five Year Plans recognised human development as the core of all development efforts?