GK in English

GK Chapterwise – CDS Previous Year Papers

Table of Contents

81. Which of the following statements is/are correct ?
1. The Marxist theory repudiates the idea of the atomised and alienated individual.
2. Marxism upholds the idea of the natural rights of men and individuals.
Select the correct answer using the code given below:

(a)1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Ans: (d)
CDS Exam (II) 2019

82. Which of the following is not the recommendation of the Arvind Mayaram Committee on Rationalizing the FDI/FPI definition (June 2014) ?

(a)Foreign investment of 10 per cent or more in a listed company will be treated as foreign direct investment
(FDI)
(b) In a particular company, an investor can hold the investments either under the FPI (Foreign Portfolio Investment) route or under the FDI route, but not both
(c) Any investment by way of equity shares, compulsorily convertible preference shares debentures which is less than 10 per cent of the post issue paid up equity capital of a company shall be treated as FPI
(d) On NRI Investors, the Committee recommended treating non-repatriable invesnnent as FDI
Ans: (d)

CDS (II) 2012

83. Which of the following does not form part of current account of Balance of Payments?

(a)Export and import of goods
(b) Export and import of services
(c) Income receipts and payments
(d) Capital receipts and payments
Ans: (d)

CDS (I) 2007

84. Which one of the following is the major source of gross tax revenue (GTR) for the Government of India?

(a)Income tax
(b) Corporation tax
(c) Customs duty
(d) Service tax
Ans: (b)

CDS (II) 2009

85. Private investment in Indian agriculture is mostly on laboursaving mechanization. This could be a response to

(a)rising productivity of agricultural sector
(b) rising inequality in agriculture
(c) rising wages and tighter labour market
(d) debt write-off by the Government
Ans: (c)
CDS Exam (II) 2018

86. Which one of the following is not correct in the context of industrial clusters development in India?

(a)Industrial clusters play an important role for the MSME participants in their inclusiveness, technology absorption and efficiency improvement
(b) Industrial clusters are visible in traditional handloom, handicrafts and modern SME
(c) Industrial cluster programmes in India are administered by various ministries
(d) Industrial clusters lead to promotion of monopoly in the market
Ans: (c)

CDS (II) 2016

87. Under flexible exchange rate system, the exchange rate is determined

(a)predominantly by market mechanism
(b) by the Central Bank
(c) as a weighted index of a group of currencies
(d) by the World Trade Organization
Ans: (a)

CDS (I) 2008

88. Rise in the price of a commodity means

(a)rise in the value of currency only
(b) fall in the value of currency only
(c) rise in the value of commodity only
(d) fall in the value of currency and rise in the value of commodity.
Ans: (b)
CDS Exam (I) 2010

89. What is meant by ‘Public Good’?

(a)A commodity produced by the Government
(b) A commodity whose benefits are indivisibly spread among the entire community
(c) A Government scheme that benefits the poor households
(d) Any commodity that is very popular among general public
Ans: (b)
CDS Exam (II) 2015

90. What is meant by price discrimination?

(a)Increase in price of a commodity over time
(b) A situation where the same product is sold to different consumers for different prices
(c) Subsidization of a product by the Government to sell it at a lower price
(d) General decrease in price of a commodity over time
Ans: (b)

CDS (II) 2011

91. Which one of the following is an example of a ‘natural monopoly’?

(a)Indian Airlines
(b) Delhi Jal Board
(c) Delhi Transport Corporation
(d) Steel Authority of India
Ans: (b)

CDS (I) 2013

92. Which one of the following represents a progressive tax structure?

(a)Tax rate is the same across all incomes
(b) Tax rate increases as income increases
(c) Tax rate decreases as income increases
(d) Each household pays equal amount of tax
Ans: (b)
CDS Exam (I) 2017

93. Which of the following statements in the context of incomeenvironment relationship is /are correct?
(1) Pollution trends tend to follow an inverse-U shaped relationship across different stages of economic development.
(2) In the beginning stage, pollution increases due to urbanization and industrialization.
(3) In the later stage, pollution declines due to structural changes towards services sector.
Select the correct answer using the code given below.

(a)1 only
(b) 1 and 2 only
(c) 1, 2 and 3
(d) 2 and 3 only
Ans: (c)

CDS (I) 2015

94. Which of the following statements is / are true with respect to Phillips curve?
1. It shows the trade – off between unemployment and inflation
2. The downward sloping curve of Phillips curve is generally held to be valid only in the short run.
3. In the long run , Phillips Curve is usually thought to be horizontal at the non accelerating inflation rate of unemployment (NAIRU) Select the correct answer using the code given below:

(a)1 only
(b) 2 and 3 only
(c) 1 and 2 only
(d) 1, 2 and 3
Ans: (c)

CDS (II) 2019

95. Which one of the Five Year Plans had a high priority to bring inflation under control and to achieve stability in the economic situation?

(a)Fourth Plan (1969 – 74)
(b) Fifth Plan (1974 – 79)
(c) sixth Plan (1980 – 85)
(d) Seventh Plan (1985 – 90)
Ans: (b)

CDS (I) 2012

96. Which one of the following statements about the Companies Act, 2013 is not correct?

(a)The Act regulates the corporate sector to make it accountable.
(b) It provides for Corporate Social Responsibility.
(c) It provides more opportunities for new entrepreneurs.
(d) It enables wide application of Information Technology.
Ans: (c)
CDS Exam (I) 2007

97. Which of the following factors led to a decline in inflation rate in India during 2014-2015?
1. Persistent decline in crude oil prices
2. Softness in global prices of tradables such as edible oils and coal
3. Tight monetary policy pursued by the Reserve Bank of India Select the correct answer using the code given below.

(a)1 only
(b) 1 and 2 only
(c) 2 and 3 only
(d) 1, 2 and 3
Ans: (a)

CDS (I) 2009

98. In view of the fact that kerosene is an inferior good in India, what is/are its implication(s)?
1. As households get richer, they consume less kerosene.
2. Over time there is a decline in quality of kerosene.
3. Government needs to stop subsidies on kerosene.
Select the correct answer using the code given below.

(a)1 only
(b) 1 and 2 only
(c) 2 and 3 only
(d) 1, 2 and 3
Ans: (a)

CDS (II) 2018

99. Which of the following statement (s) is /are false?
1. Wage Boards are tripartite in nature, with representatives from workers, employers and independent members.
2. Except for the wage Board for Journalists and Non –
Jouralists, all the other wage boards are statutory in nature
3. Second National Commission on labour has recommended against the utility of wages boards.
Select the correct answer using the code given below:

(a)1 only
(b) 2 only
(c) 1 and 2 only
(d) 1, 2 and 3
Ans: (b)

CDS (I) 2016

100. Which of the following statements are correct?
1. Ability to pay principle of taxation holds that the amount of taxes people pay should relate to their income or wealth
2. The Benefit Principle of taxation states that individuals should be taxed in proportion to the benefit they receive from Government programmes
3. A progressive tax takes a larger share of tax from poor families than it does from rich families
4. Indirect taxes have the advantage of being cheaper and easier to collect Select the correct answer using the code given below:

(a)1 and 3 only
(b) 2 and 4 only
(c) 1, 2 and 4 only
(d) 1, 2, 3 and 4
Ans: (c)
CDS Exam (I) 2008

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