STI Main 2017- Paper 2


Which of the following reasons is/are correct about lead for the capitalists all over the world to divert their capital from the rich nations to a nation like India ?

a. Attractive consumer market

b. Brighter chances of earning huge profits

c. Liberalized policy of the Government

d. Foreign capital inflow allowed by the Government

Answer options :


Consider the following statements :

a. According to the Foreign Trade Policy (2009-14), the objective of the Government is to double India's share in global trade by 2020.

b. The policy aims to achieve an annual export growth of 15 percent for two years, 2009-11.

c. Minimum land requirement for SEZs is reduced.

Which of the statements given above are correct?


Which of the following groups of countries is the highest exporter from India during 1960-61 to 1990-91 ? 


Match the following sectorwise FDI inflows, from April 2000 to January 2015 : 


Consider the following statements :

a. Standard and Poor credit rating for India stands at BBB - with stable outlook. 

b. Moody's credit rating for India was last set at Baa2 - with stable outlook. 

c. Fitch's credit rating for India was last reported at BBB – with stable outlook.

Which of the statements given above are correct? 


Which of the following statements is correct ?


Modern economists have developed the concept of functional finance. The origin of the term functional finance is attributed to


Consider of the following statements with regard to the criteria of sustainability of Public debt :
a. Debt should be zero at a specified period. zero

b. Debt to GDP ratio at a future point of time should be reduced to a specified portion of today's debt to GDP ratio.

c. Debt to GDP ratio for the future may be fixed at today's ratio..

Which of the statements given above are correct ?


Consider the following statements :

a. The Direct Benefit Transfer Scheme was introduced on 1st January 2013.

b. In the beginning this scheme is implemented in 35 districts in India.
c. The Direct Benefit Transfer Scheme is designed to reduce corruption and control expenditure.

Which of the statements given above is/are incorrect ?


The programmes like Bharat Nirman, MNREGA and National Rural Health Mission (NRHM) are examples of


Consider the following statements regarding the FRBM Act : 

a. The Central Government Fiscal Responsibility and Budget Management Act was passed in 2004.
b. Revenue deficit to fall to zero by March 2009.

c. Fiscal deficit to be reduced to 3 percent of GDP by March 2009.

Which of the statements given above are correct?


Immediate money burden


Which of the following factors is/are not a part of revenue budget ?

a. Investment in shares

b. Current consumption expenditure on commodities

c. Transferable payments 

d. Current consumption expenditure on services

Answer options :


Match the following pairs regarding the Central Government fiscal imbalance in 2011-12 : 


Which of the following is not treated as development expenditure ?


The Tax Reforms Committee, 1991 was constituted under the chairmanship of


Government expenditure on maintenance of defence establishment is an example of


Fiscal deficit = Revenue receipts +, ________ - Total expenditure


Which of the following is/are the latest measure(s) introduced by the RBI to influence liquidity in the financial system?

a. MMMF (Money Market Mutual Fund) 

b. Reverse Repo

c. LAF (Liquidity Adjustment Facility)

d. MSF (Marginal Standing Facility) 

Answer options :


Consider the following statements :
a. The Reserve Bank of India plays a vital role in the fiscal management of the states.

b. The important function of the RBI is to help the states to raise market loan.

c. The RBI has been organizing the State Finance Secretaries forum twice a year at its headquarters in Mumbai.

Which of the statements given above are correct ?

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