PPT_Economy_MCQ_CDS-2-2024-Mrunal_SD.pdf

economy mcq

1. CDS II 2024 Analysis - SET D
EconomyEconomy

2. UPSC Dholpur House
Economy MCQइ9/Oं अ-1ंI
/ पू-O :P।
I 91!
CDS 2024

3. ill run fast. pause video to read MCQ.1.
dont watch until you have completed at least
the basic syllabus of economy prelims.
2.
ive brag strike-rate /PंनO प]ा0ा .ा 9/Oं 9O
solve :ो 9-ा :P for two reasons:
3.
disclaimer before next section
accountability
for the fees
collected
To counter negative PR regd.
lengthy notes. :ा.-/ाल
size O नोट्9 9O प]O 9^ 8-Jबा'
लO 9-O :P 9topper न:Iं बन 9-O।

4. 25 MCQ
120 Total
economy1.
govt schemes2.
IR (eco related orgs) 3.
15 from my
NOTES /
lectures 2
50:50
elimination
8 not covered/
microGK IYB /
random
how much solvable
from my Economy
material
UPSC-CDS-2024: economy & org schemes

5. 7 DAY FREE ACCESS
PAID
Lectures
Notes
PPT
Mocks
9ब J /J- /Oं
/O 9-O :P।

6. Money
Banking
Finance
Insurance
Budget
Taxation
GST, FC
Disinvestment
Deficit, FRBM
Sectors: Agri,Mfg,
Services
GDP,Inflation
Unemployment,
Infrastructure
HRD, Poverty, Health,
Intl. Trade
BoP, CAD
FTP-2023
NEER-REER
two MCQ.
microeconomics
insurance gap 1.

7. ULIP Rs.1.50 lakh premium
option-A option-B
investment
80%
insurance
20%
investment
10%
insurance
90%
most ppl likely to opt for this.
bcoz they want to see wealth
build up when theyre alive.

8. most ppl likely to opt for this.
bcoz they want to see wealth
build up when theyre alive.
ULIP Rs.1.50 lakh premium
option-A
investment
80%
insurance
20%
e.g. i got only 20 lakh on death
of husband. This is not enough
to survive for lifetime.
financing gap
or
insurance gap
most ppl likely to opt for this.
bcoz they want to see wealth
build up when theyre alive.

10. nostro vostro ive taught
many times both in paid
and free (win23) classes

11. CDS II 2024 Analysis - Economy - SET D
106. Consider the following statements :
1. A rupee Vostro account is an account that an Indian
bank holds for a foreign bank in the domestic
currency (rupee) to enable domestic banks to provide
international banking services.
2. Insurance density, i.e., average insurance premium
per capita does not fully capture the financing gap in
the event of a premature death because most of the
insurance products sold in India are savings-linked
with a small component of protection.
Which of the statements given above is/are correct
(a) 1 only (b) 2 only
(c) Both 1 and 2 (d) Neither 1 nor 2
TheoryTheoryEasy Medium Hard 1 YO Current1 YO Current 2 YO Current
2nd statement true
as per Eco-survey,
but this much not
covered in my
lecture.
st1 true. covered
in lecture.

12. Money
Banking
Finance
Insurance
Budget
Taxation
GST, FC
Disinvestment
Deficit, FRBM
Sectors: Agri,Mfg,
Services
GDP,Inflation
Unemployment,
Infrastructure
HRD, Poverty, Health,
Intl. Trade
BoP, CAD
FTP-2023
NEER-REER
two MCQ.
microeconomics
insurance gap 1.

14. 113. Which one of the following
taxes is not included in the Central
Pool to be shared with the States
according to the recommendations
of Finance Commission of India
(a) Personal Income Tax
(b) Corporate Profit Tax
(c) Surcharge and Cess
(d) Excise Duties
Theory 1 YO Current
YES Covered
in my Lecture
91चाज का पै9ा व
आ0ोग ा1ा 1ा0ो को
न: /लता।
CDS II 2024 Analysis - Economy - SET D
TheoryEasy Medium Hard
1 YO Current 2 YO Current

15. 120. Which one among the
following items comprises the
major portion of revenue
expenditure of the Union
Government of India
(a) Salaries
(b) Interest Payments
(c) Road Transport and Highways
(d) Defence Services
Theory 1 YO Current
interest on past
loans is a big
amount
YES Covered
in my Lecture
CDS II 2024 Analysis - Economy - SET D
TheoryEasy Medium Hard
1 YO Current 2 YO Current

16. 87. Financial Action Task Force is :
(a) A wing under the Central
Economic Intelligence Bureau
(b) A division of Enforcement
Directorate
(c) A global money laundering and
terrorist financing watchdog
(d) A UN Anti-Corruption Agency
Theory 1 YO Current
CDS II 2024 Analysis - Economy - SET D
TheoryEasy Medium Hard
1 YO Current 2 YO Current
YES Covered
in my HDT
page 427

17. 93. Which of the following statements about
National Recruitment Agency is correct
(a) It is a body to conduct Common Eligibility Test
(CET) to shortlist the candidates for vacancies
under Group B and Group C of the Government.
(b) Employment in private sector is facilitated in
all the districts, particularly 117 aspirational
districts.
(c) It was set up in 2014. SETUP in Budget2020
(d) It has been accorded constitutional status in
2021. WRONG
Theory 1 YO Current
CDS II 2024 Analysis - Economy - SET D
TheoryEasy Medium Hard
1 YO Current 2 YO Current
NRA covered in
HDT Pill2B
Pay commission

18. NRA covered in
HDT Pill2B
Pay commission

19. NRA
founding
year given
here.
here
compressed
so year not
given. still
possible to
solve.

20. Money
Banking
Finance
Insurance
Budget
Taxation
GST, FC
Disinvestment
Deficit, FRBM
Sectors: Agri,Mfg,
Services
GDP,Inflation
Unemployment,
Infrastructure
HRD, Poverty, Health,
Intl. Trade
BoP, CAD
FTP-2023
NEER-REER
two MCQ.
microeconomics
insurance gap 1.
surcharge1.
FATF2.
revenue-
EXP-interest
3.

21. 3. IMPORT EXPORT
FDI, WTO & orgs.

23. 110. Which of the following is
not included in the Capital
Account of the Balance of
Payments of a country
(a) Foreign Direct Investment
(b) Commercial Borrowing
(c) Invisibles
(d) External Assistance
Theory 1 YO Current
CDS II 2024 Analysis - Economy - SET D
TheoryEasy Medium Hard
1 YO Current 2 YO Current
YES Covered
in my HDT3A

24. 25. India has signed a Trade and
Economic Partnership Agreement
(TEPA) with EFTA, which is a
regional group consisting of four
countries. Which one of the
countries following is not a
member of this group
(a) Switzerland (b) Norway
(c) Iceland (d) England
Theory 1 YO Current
CDS II 2024 Analysis - Economy - SET D
TheoryEasy Medium Hard
1 YO Current 2 YO Current
100% possible
from my lecture

25. 86. Which of the following statements
with regard to the Shanghai Cooperation
Organization(SCO) is/are correct
1. The official languages of the SCO are
Russian and Chinese.
2. The SCO enjoys observer status in the
UN General Assembly.
3. The SCO consists of 13 member states.
CODES
(a) 1 only (b) 1 and 3
(c) 1 and 2 (d) 2 and 3
Theory 1 YO Current
50:50 possible
from my lecture
ANS is C. as per
wikipedia
CDS II 2024 Analysis - Economy - SET D
TheoryEasy Medium Hard
1 YO Current 2 YO Current
9 MEMBERS
not 13

26. 7 DAY FREE ACCESS
PAID
Lectures
Notes
PPT
Mocks
9ब ुछ मुत मOं
दO 9तO :P।

27. course
latest:
PCB12
profile: unacademy.com/@mrunal.org
Download handout web
course page
click on updates

28. my profile
Course PCB12
3 dots
to DL
Download handout App

30. Money
Banking
Finance
Insurance
Budget
Taxation
GST, FC
Disinvestment
Deficit, FRBM
Sectors: Agri,Mfg,
Services
GDP,Inflation
Unemployment,
Infrastructure
HRD, Poverty, Health,
Intl. Trade
BoP, CAD
FTP-2023
NEER-REER
two MCQ.
microeconomics
insurance gap 1.
surcharge1.
FATF2.
revenue-
EXP-interest
3.
TEPA1.
SCO2.
BoP Classn3.

31. 4. sectors, GDP, inflation

32. 111. The Atmanirbhar Bharat Scheme
announced by the Government helps in:
1. Enhancing Indias manufacturing
capabilities and exports across the
industries
2. Incentivizing foreign investments for
domestic production.
Select the answer using the code given
below :
(a) 1 only (b) 2 only
(c) Both 1 and 2 (d) Neither 1 nor 2
Theory 1 YO Current
YES Covered
in my HDT 4D
CDS II 2024 Analysis - Economy - SET D
TheoryEasy Medium Hard
1 YO Current 2 YO Current
FDI in defense
increased. so st2 right.

33. poor woman given aid
transfer
payment
counted in
GDP
bcoz she didnt
produce any
goods/services
counted in
personal income
NCERT
National
Income
related to
GDP
will she increase C consumption
depends. may be shell save.

34. C
Consumption
I
Investment
G
Govt
Expenditure
X
Exports
M
Imports
GDPGDP
transfer not counted in GDP1.
cant predict how shell do C or save2.
if Govt directly G
then
GDP / national income

35. 1. An additional spending by the Government of ₹ X is
likely to have less impact on income than an additional
transfer of ₹ X to households.
(90ा0 ा0ा ₹ X त0त च ा / प0 . -ाव पड़नO
9ं-ावना :P। 90ा0 ₹ X ा 0ों .Oं :तांत0 0Oी तो / प0
/ादा -ाव पडOा।)

36. C
Consumption
I
Investment
G
Govt
Expenditure
X
Exports
M
Imports
GDPGDP
taxes on
public
C will
borrow more
from market
i will
what if government spending
but money supply not
तो 91ा1 पP9ा :ा 9O लाएI?
NCERT
National
Income
related to
GDP

37. 2.An additional spending by the Government of ₹
X is likely to have less impact on income, if it is
not accompanied by expansion in money supply.
(91ा1 ा1ा ₹ X ा 0ादा च 1तI :P लOन /Jा
पूत ो -ढ़ा0ा न:I जाता तो /दनI (-ढ़ानO) प1 9
(द/) ा .ाव -त / :ोा।)

38. 107. Consider the following statements:
1. An additional spending by the Government of ₹ X
is likely to have less impact on income than an
additional transfer of ₹ X to households.
2. An additional spending by the Government of ₹ X
is likely to have less impact on income, if it is not
accompanied by expansion in money supply.
Which of the given above is/are statements correct
(a) 1 only (b) 2 only
(c) Both 1 and 2 (d) Neither 1 nor 2
Theory 1 YO Current
CDS II 2024 Analysis - Economy - SET D
TheoryEasy Medium Hard
1 YO Current 2 YO Current
concepts taught but
requires too much
thinking/elimination.
so tough. max i can
claim 50:50 for st1

39. inflation %
counted
year on year
basis
132
110

40. = (132-110) 100
110
Year3
inflation
growth
inflation %
counted
year on year
basis
32%
132
110

41. 116. If the price index
increased from 100 in 2021 to
110 in 2022 to 132 in 2023,
then the rate of inflation is:
(a) 10%
(b) 32%
(c) 20%
(d) Cannot be determined
Theory 1 YO Current
YES Covered
in my Lecture
CDS II 2024 Analysis - Economy - SET D
TheoryEasy Medium Hard
1 YO Current 2 YO Current
= (132-110) 100
110
Year3
inflation
growth

42. find Correct
1. A price index captures the
change in the average price of a
constant basket of commodities.
2. If the price index takes values
100, 110 and 121 in three
consecutive years respectively,
then the inflation rates in the 2nd
and 3rd years are 10% and 21%
respectively.
Codes:
(a) 1 only (b) 2 only
(c) Both 1 and 2 (d) Neither 1 nor 2
CSAT का
ान GS में!
UPSC-CDS-2024-i
(121-110) 100
110
Year3
inflation
growth
why u should solve previous paper

43. 5. infra

44. same happened in EPFO paper.
Verbatim MCQ on Truck farming.
dont neglect NCERT Human Geo

45. 3. Consider The following statements
regarding transportation functions
associated with important ports:
1. Singapore functions both as a port of
call and an entrepot.
2. Karwar in India is an example of a
naval port.
3. Dover in England is an of an example
of outport. Which of the statements
given above is/are correct
(a) 1 only (b) 3 only
(c) 1 and 3 (d) 1 and 2
Theory 1 YO Current
CDS II 2024 Analysis - Economy - SET D
TheoryEasy Medium Hard
1 YO Current 2 YO Current
Dover is packet station or
ferry port as per NCERT
Human Geo
Ch.9

46. possible to solve
from my HDT pill5
3. Consider The following statements
regarding transportation functions
associated with important ports:
1. Singapore functions both as a port of
call and an entrepot.
2. Karwar in India is an example of a
naval port.
3. Dover in England is an of an example
of outport. Which of the statements
given above is/are correct
(a) 1 only (b) 3 only
(c) 1 and 3 (d) 1 and 2
bcoz both st1 and st2 given

47. 29. Which of the following is not correct
(a) SAGAR-SETU is a mobile app, which aims
to improve the Ease of Doing Business.
(b) Harit Sagar aims at achieving Zero
Carbon Emission Goal.
(c) Sagar Manthan is a mission launched by
Ministry of Ports, Shipping and Waterways,
Government of India, to increase fish
production.
(d) Costa Serena is the first international
cruise liner in India.
Theory 1 YO Current
CDS II 2024 Analysis - Economy - SET D
TheoryEasy Medium Hard
1 YO Current 2 YO Current
as per PIB-2023. so even in CDS
theyre asking 1 year ago ka CA.
Sagar Manthan Dashboard
for marine transport sector.
weve to find wrong
statement.
solvable from IYB-24
but difficult to
remember this match.

48. 27. In June 2024, India signed a
Memorandum of
Understanding (MoU) with USA
supporting Indian Railways to
achieve mission Net Zero
Carbon Emision by the year:
(a) 2030 (b) 2040
(c) 2050 (d) 2070
Theory 1 YO Current
CDS II 2024 Analysis - Economy - SET D
TheoryEasy Medium Hard
1 YO Current 2 YO Current
not covered in my HDT bcoz my
last Pre course ended in May24.
they asked from June.

49. 80. Which one among the following
statements about the objectives of Vibrant
Village Programme is correct
(a) It is a Centrally sponsored scheme.
(b) This programme was launched in 2021.
(c) Arunachal Pradesh, Sikkim and
Manipur are the states selected under this
scheme.
(d) Villages of Uttar Pradesh along the
Nepal border are selected as flagship
villages under this scheme.
Theory 1 YO Current
it covers Arunachal ,
Himachal , Sikkim,
Uttarakhand, Ladakh.
CDS II 2024 Analysis - Economy - SET D
TheoryEasy Medium Hard
1 YO Current 2 YO Current
launched in 2023
Manipur not in list
UP not in list

50. possible to do 50:50 elimination from my HDT.
bcoz year, and states mentioned.

51. Vibrant village not given in this
much detail in either of these books.

52. given here.
here
compressed
so not given.
National Investment and Infrastructure Fund

53. 118. Which one of the following
is not a fund managed by NIIFL
(National Investment and
Infrastructure Fund Limited)
(a) Master Fund
(b) Fund of Funds
(c) Strategic Opportunities Fund
(d) Global Investment Fund
Theory 1 YO Current
CDS II 2024 Analysis - Economy - SET D
TheoryEasy Medium Hard
1 YO Current 2 YO Current
Master Fund1.
Fund of Funds, 2.
Strategic Opp.3.

54. 6.HRD

55. 28. Which one of the following statements is
correct about the PM-JANMAN scheme
(a) It is a scheme of the Government of India to
impart electoral literacy to voters.
(b) It is a scheme of the Government of India for
deepening of democracy in the functioning of
Panchayati Raj institutions.
(c) It is a scheme of the Government of India for
benefitting every member of the tribal
community from Government schemes.
(d) It is a scheme of the Government of India for
benefitting migrants workers in the unorganized
sector.
Theory 1 YO Current
CDS II 2024 Analysis - Economy - SET D
TheoryEasy Medium Hard
1 YO Current 2 YO Current
YES Covered
in my Lecture

56. YES Covered
in my lecture

57. 114. Which one of the
following dimensions is not
included in Human
Development Index
(a) Life Expectancy at birth
(b) Mean years of schooling
(c) Expected years of schooling
(d) Mortality rate
Theory 1 YO Current
CDS II 2024 Analysis - Economy - SET D
TheoryEasy Medium Hard
1 YO Current 2 YO Current
YES Covered
in my lecture
We have to
find wrong
statement.

58. 24. Arrange the BRICS countries in ascending
order of their rank in the Human
Development Report 2023-24, released by the
UNDP:
1. China
2. India
3. Russia
4. Brazil
5. South Africa
Select the answer using the code given below :
(a) 2, 5, 4, 1, 3 (b) 2, 4, 5, 3, 1
(c) 5, 4, 2, 3, 1 (d) 4, 5, 2, 1, 3
Theory 1 YO Current
CDS II 2024 Analysis - Economy - SET D
TheoryEasy Medium Hard
1 YO Current 2 YO Current
Russia 56
China 75
Brazil 89
South Africa 110
India 134
Russia will be ahead of China
India lowest
so pattern should be
2, _ , _ ,1 , 3

59. 23. Which one of the following statements
is correct about NISHTHA, a Government of
India initiative
(a) It is a training module recently
introduced in LBSNAA for civil servants.
(b) It is a teacher-training programme.
(c) It is a training programme for the new
recruits in Delhi Police to inculcate integrity
of service among them.
(d) It is a workshop for newly elected
Members of Parliament organized
routinely by the Lok Sabha Secretariat.
Theory 1 YO Current
CDS II 2024 Analysis - Economy - SET D
TheoryEasy Medium Hard
1 YO Current 2 YO Current
YES Covered
in my HDT

60. 119. Pandit Deendayal
Upadhyay National Welfare
Fund was established with
the view to help which one
of the following groups
(a) Medical Practitioners
(b) Farmers
(c) Sportspersons
(d) War Widows
Theory 1 YO Current
Unacademy IYB
Summary
page 319
YES Covered
in unacademy
material
CDS II 2024 Analysis - Economy - SET D
TheoryEasy Medium Hard
1 YO Current 2 YO Current

61. yearbook
summary
Mains
PYQ
Prelims
PYQ
https://unacademy.com/content/upsc/downloads/
unlock code
Mrunal.org

62. 7 DAY FREE ACCESS
PAID
Lectures
Notes
PPT
Mocks
9ब ुछ मुत मOं
दO 9तO :P।

63. 117. The Rangarajan Committee methodology
for determining the poverty line incorporated
which of the following
1. A food component
2. A normative level of expenditure for
essential non-food items
3. A behaviourally determined expenditure
for other non-food items
Select the answer using the code given below :
(a) 1 and 2 only (b) 2 and 3 only
(c) 1, 2 and 3 (d) 1 and 3 only
Theory 1 YO Current
CDS II 2024 Analysis - Economy - SET D
TheoryEasy Medium Hard
1 YO Current 2 YO Current
basic GK given in my
HDT, but not covered in
this much detail bcoz
this committee is not
famous enough.
its very old 2014.

64. (A) normative determined
food/nourishment1.
clothing2.
house rent3.
conveyance 4.
education 5.
non-food essential
(B) behaviourally
determined
level of
Other non-food
expenses.
two components
ref. PIB-2014

65. 76. Match List-I with List-II and select the correct answer using the
code given below the Lists:
List-I List-II
(Training Institute) (Location)
A. National Academy of Customs, Indirect 1. Mussoorie
Taxes and Narcotics
B. LBS National Academy of Administration 2. Shimla
C. National Academy of Audit and Accounts 3. Mumbai
D. All India Institute of Local Self Government 4. Palasamudram

Code :
A B C D A B C D
(a) 3 2 1 4 (b) 3 1 2 4
(c) 4 1 2 3 (d) 4 2 1 3
Theory 1 YO Current
CDS II 2024 Analysis - Economy - SET D
TheoryEasy Medium Hard
1 YO Current 2 YO Current
this much GK not given in
India Yearbook.
correct pairing as per
internet is C.
chatgpt gave wrong ans

66. Money
Banking
Finance
Insurance
Budget
Taxation
GST, FC
Disinvestment
Deficit, FRBM
Sectors: Agri,Mfg,
Services
GDP,Inflation
Unemployment,
Infrastructure
HRD, Poverty, Health,
Intl. Trade
BoP, CAD
FTP-2023
NEER-REER
two MCQ.
microeconomics
insurance gap 1.

67. Microeconomics for UPSC
not much in
IAS exam
frequently
asked CDS,
CAPF, IES
u can watch my recorded course
I dont do it live every year because
hardly 2 MCQ in the last 13 years in
IAS Exam

68. item-A item-B
substitutes
item-A item-B

69. item-A item-B
what if price of item-A
substitutes
demand demand
:/ :/ 0O ?तA ो O -ोल 9तO :P 0ो :/O दोनो वतB ?
न?/ +त? :P 1 उन? +9 /O 1त? +त? :P 1 ?0 /: A
:ोA तो ॉ, @!/?! -^ 9तA :P
item-A item-B
what if price of item-A

70. item-A item-B
what if price of item-A
complimentary
demand
demand
:/ :/ 0O ?तA ो O -ोल 9तO :P 0ो :/O दोनो वतB
? न?/ +त? :P 1 उन? +9 /O 1त? +त? :P
+Oोल /:? :ो? तो लो ?@]0? .A ?/ :A 1दOO

71. item-A item-B
what if price of item-A

demand demand

cannot be determined.
bcoz we dont know its relation with item-B
item-A item-B
what if price of item-A
अगर :म उनका नाम और रता न:Iं ानते तो :म कJ बोल न:Iं 9कते

72. if item1
price
what will
hapen to
item2

73. CDS II 2024 Analysis - Economy - SET D
115. Suppose there are only two normal goods
in the economy, X and Y. If price of good X
increases, which would be the correct
statement from below
(a) Demand for good X decreases and demand
for Y is indeterminate.
(b) Demand for good X decreases and demand
for Y decreases.
(c) Demand for good X increases and demand
for Y is indeterminate.
(d) Demand for good X increases and demand
for Y decreases.
TheoryTheoryEasy Medium Hard 1 YO Current1 YO Current 2 YO Current
YES Covered
in unacademy
lecture

74. perfect comptition graph interpretation...
ive not taught. Poor ROI

75. CDS II 2024 Analysis - Economy - SET D
112. Which one of the following statements
for a firms equilibrium in Perfect
Competition is not correct
(a) The market price must be greater or
equal to average variable cost in the short
run.
(b) The market price must be equal to
marginal cost.
(c) The market price must be equal to
average cost in the long run.
(d) The marginal cost decreases at the
equilibrium output.
TheoryTheoryEasy Medium Hard 1 YO Current1 YO Current 2 YO Current
not taught bcoz this much
preparation of Class12
Microeco= poor ROI.
note: ive not check this ans.
just copypaste from
ChatGPT. bcoz its poor ROI-
even to make its ans.key

76. 25 MCQ
120 Total
economy1.
govt schemes2.
IR (eco related orgs) 3.
15 from my
NOTES /
lectures 2
50:50
elimination
8 not covered/
microGK IYB /
random
how much solvable
from my Economy
material
UPSC-CDS-2024: economy & org schemes

77. 7 DAY FREE ACCESS
PAID
Lectures
Notes
PPT
Mocks
9ब ुछ मुत मOं
दO 9तO :P।

78. course
latest:
PCB12
profile: unacademy.com/@mrunal.org
Download handout web
course page
click on updates

79. my profile
Course PCB12
3 dots
to DL
Download handout App