Welcome to your Economics – Prelims PYP Part 1 – 2011 & 2012
1. The teaser loans are considered to be an aspect of sub-prime lending and banks may be exposed to the risk of defaulters in future.2. In India, the teaser loans are mostly given to inexperienced entrepreneurs to set up manufacturing or export units.Which of the statements given above is/ are correct?
1.Due to a gradual switchover to the cultivation of commercial crops, the area under the cultivation offood grains has steadily decreased in the last five years by about 30%.2. As a consequnce of increasing incomes,the consumption patterns of the people have undergone asignificant change.3. The food supply chain has structural constraints,Which of the statements given above are correct ?
1. Devaluing the domestic currency.2. Reduction in the export subsidy.3. Adopting suitable policies which attract greater FDI and more funds from FIIs.Which of the above action/actions can help in reducing the current account deficit?
1. The Government intends to use the revenue earned from the disinvestment mainly to pay back the external debt.2. The Government no longer intends to retain the management control of the CPSEs.Which of the statements given above is/ are correct?
1. Credit facilities2. Savings facilities3. Insurance facilities4. Fund Transfer facilities Select the correct answer using the codes given below the lists:
1. The growth rate of GDP has steadily increased in the last five years.2. The growth rate in per capita income has steadily increased in the last five years.Which of the statements given above is/are correct?
1. Unlike traditional asphalt, bio-asphalt is not based on fossil fuels.2. Bioasphalt can be made from non- renewable resources.3. Bioasphalt can be made from organic waste materials.4. It is ceo-friendly to use bioasphalt for surfacing of the roads.Which of the statements given above are correct?
1. it is a major source classification of crude oil.2. It is sourced from north sea3. It does not contain sulphur.Which of the statements given above is/are correct?
1. Deprivation of education, health, assets and services at household level2. Purchasing power parity at national level3. Extent of budget deficit and GDP growth rate at national levelSelect the correct answer using the codes given below:
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