1. Consider the following statements
1. Out of the total liabilities of the Central Government. 90% of it is public debt.
2. The total liabilities of the Central Government, as a ratio of GDP, has been consistently declining.
Which of the following statements are true?
a. 1 only
b. 2 only
c. Both 1 and 2
d. Neither 1 nor 2
Ans : c
Exp: Total liabilities of the Central Government at end March 2019 stood at `84.7 lakh crore and 90 per cent of which was public debt.
Total liabilities of the Central Government, as a ratio of GDP, has been consistently declining, particularly after the enactment of the FRBM Act, 2003.
2. Consider the following statements
1. The fiscal deficit of the General Government is expected to decline in 2019-20.
2. The combined liabilities of Centre and States have also decreased in 2019.
Which of the following statements are true?
a. 1 only
b. 2 only
c. Both 1 and 2
d. Neither 1 nor 2
Ans: d
Exp: The combined liabilities of Centre and States have increased to 69.8 per cent of GDP as on end-March 2019 (RE) from 68.5 per cent of GDP as on end-March 2016.
3. Consider the following statements
1. As per industry-wise distribution of recognized startups, IT Services accounted for the highest percent of startups.
2. Maharashtra, Karnataka and Delhi are the top three performers in terms of State-wise distribution of recognized startups in India.
Select the correct code
a. 1 only
b. 2 only
c. Both 1 and 2
d. Neither 1 nor 2
Ans: c
Exp: Maharashtra, Karnataka and Delhi are the top three performers in terms of State-wise distribution of recognized startups in India (Figure 7). As per industry-wise distribution of recognized startups, IT Services accounted for 13.9 per cent followed by Healthcare and Life Sciences (8.3 per cent) and education (7.0 per cent)
4. Consider the following statements
1. During 2019-20, total FDI Equity inflows were higher than 2018-19.
2. 80% of FDI Equity inflows came from Singapore, Mauritius, Netherlands, USA and Japan.
Select the correct code
a. 1 only
b. 2 only
c. Both 1 and 2
d. Neither 1 nor 2
Ans: b
Exp: During 2019- 20 (up to September, 2019), total FDI Equity inflows were US$26.10 billion as compared to US$22.66 billion during 2018-19 (up to September, 2019). Out of FDI Equity inflows of US$26.10 billion during 2019-20 (up to September, 2019), nearly 80 per cent have come mainly from Singapore, Mauritius, Netherlands, USA and Japan.
https://www.indiabudget.gov.in/economicsurvey/doc/echapter_vol2.pdf
5. Consider the following statements
1. India stood at third position in the production of crude steel.
2. It is also the largest consumer of finished steel.
Select the correct code
a. 1 only
b. 2 only
c. Both 1 and 2
d. Neither 1 nor 2
Ans : d
Exp: India stood at second position in the production of crude steel (Figure 9). It is also the third largest consumer of the finished steel after China and USA.
https://www.indiabudget.gov.in/economicsurvey/doc/echapter_vol2.pdf