GK in English

GK Chapterwise – CDS Previous Year Papers

Table of Contents

101. Which one of the following is not a thrust area in the railway budget 2015 – 16?

(a)Online booking of disposable bed rolls
(b) Defence Travel System to eliminate Warrants
(c) 180 days in advance ticket booking facility for passengers
(d) Bio – Toilets
Ans: (c)

CDS (I) 2010

102. Which one of the following terms is used in Economics to denote a technique for avoiding a risk by making a counteracting transaction?

(a)dumping
(b) Hedging
(c) Discounting
(d) Deflating
Ans: (b)

CDS (II) 2015

103. Which of the following is /are example (s) of ‘Near Money’?
1. Treasury Bill
2. Credit Card
3. Saving accounts and small time deposits
4. Retail money market mutual funds Select the correct answer using the code given below:

(a)1 only
(b) 2 only
(c) 1, 2 and 3
(d) 1, 3 and 4
Ans: (d)
CDS Exam (II) 2011

104. Which of the following with regard to the term ‘bank run’ is correct?

(a)The net balance of money a bank has in its chest at the end of the day’s business
(b) The ratio of bank’s total deposits and total liabilities
(c) A panic situation when the deposit holders start withdrawing cash from the banks
(d) The period in which a bank creates highest credit in the market
Ans: (c)
CDS Exam (I) 2013

105. The headquarters of ‘Economic and Social Commission for Asia and the Pacific’ is located at

(a)Singapore
(b) Manila
(c) Bangkok
(d) Hong Kong
Ans: (c)

CDS (I) 2017

106. Which of the following statements (s) are true with respect to the concept of “EFFICIENCY” as used in mainstream economics?
1. Efficiency occurs when no possible recorganisation of production can make anyone better off with out making someone else worse off
2. An economy is elearly inefficient if it is inside the Production Possibility Frontier (PPF)
3. At a minimum, an efficient economy is on its Production Possibility Frontier (PPF)
4. The terms such as ‘ Pareto Efficiency’, ‘Pareto Optimality’ and ‘Allocative Efficiency’ are all essentially one and same which denote ‘efficiency in resource allocation’ Select the correct answer using the code given below:

(a)1 and 4 only
(b) 1 and 3 only
(c) 2 and 3 only
(d) 1, 2, 3 and 4
Ans: (d)

CDS (II) 2015

107. Which of the following is / are the example (s) of Transfer Payment(s)?
1. Unemployment Allowance
2. Payment of salary
3. Social Security Payment
4. Old age Pension Select the correct answer using the code given below:

(a)1 and 3 only
(b) 1, 2 and 3 only
(c) 1, 3 and 4 only
(d) None of the above
Ans: (c)
CDS Exam (II) 2019

108. Which of the following is not a ‘Public Good’?

(a)Electricity
(b) National Defence
(c) Light House
(d) Public Parks
Ans: (a)

CDS (II) 2012

109. Which one of the following statements is correct with respect to the composition of national income in India?

(a)The share of manufacturing sector has declined.
(b) The share of services sector has increased sharply.
(c) The share of agriculture has remained static.
(d) The share of services sector has declined.
Ans: (b)

CDS (I) 2007

110. Which one of the following statements is not correct?

(a)Creation of National Investment and Infrastructure Fund
(NIIF) was announced in the Union Budget, 2015-16.
(b) NIIF is a fund for enhancing infrastructure facility in the country.
(c) NIIF and NIF (National Investment Fund) are the names of the same organization,
(d) NIIF can have more than one alternative investment fund,
Ans: (c)

CDS (II) 2009

111. Capital deepening refers to

(a)going for more fixed capital per worker
(b) emphasis on social overhead capital
(c) constant capital-output ratio
(d) increasing capital-output ratio
Ans: (d)
CDS Exam (II) 2018

112. According to the Classical Theory of Employment, deviations from the state of full employment are

(a)purely temporary in nature
(b) permanent in nature
(c) imaginary situations
(d) normal situations
Ans: (a)

CDS (II) 2016

113. Which of the following will be the outcome if an economy is under the inflationary pressure?
1. Domestic currency heads for depreciation.
2. Exports become less competitive with imports getting costlier.
3. Cost of borrowing decreases.
4. Bondholders get benefitted.
Select the correct answer using the code given below.

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

CDS (I) 2008

114. Consider the following statements about the Second Five-
Year Plan:
1. It was drafted under the leadership of K. N. Raj.
2. It proposed that industries like electricity, railways, steel, machineries and communication could be developed in the public sector.
3. The drafters found balancing industry and agriculture very difficult.
4. The drafters found balancing industry and agriculture really easy.
Which of the statements given above is/are correct?

(a)1 only
(b) l and 2
(c) 2 and 3
(d) 3 and 4
Ans: (c)

CDS (II) 2010

115. Which one of the following statements is correct?
For the purpose of Census 2011

(a)a person aged seven and above who can both read and write with understanding in any language is treated as a literate
(b) a person aged eight and above who can both read and write with understanding in any language is treated as a literate
(c) a person aged nine and above who can both read and write with understanding in any language is treated as a literate
(d) a person aged ten and above who can both read and write with understanding in any language is treated as a literate
Ans: (a)
CDS Exam (II) 2015

116. Who among the following is the Chairman of the Fourteenth Finance Commission?

(a)C. Rangarajan
(b) Vijay Kelkar
(c) Y. V. Reddy
(d) Rakesh Mohan
Ans: (c)

CDS (II) 2011

117. Which one of the following is/are credit rating agency/ agencies in India ?

(a)CRISIL
(b) CARE
(c) ICRA
(d) All of the above
Ans: (d)

CDS (I) 2013

118. In India, the term ‘hot money’ is used to refer to

(a)Currency + Reserves with the RBI
(b) Net GDR
(c) Net Foreign Direct Investment
(d) Foreign Portfolio Investment
Ans: (d)
CDS Exam (I) 2017

119. Which of the following statements about Bitcoin is/are correct?
1. It is a decentralized virtual currency.
2. It is generated through complex computer software systems.
3. The Reserve Bank of India recognized it as a legal tender in January 2016.
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: (b)
CDS Exam (II) 2015

120. Which of the following statements about the Trans-Pacific/ Partnership (TPP) is / are correct?
1. The TPP was signed by 12 Pacific Rim nations in the year 2015.
2. The TPP is likely to be a game-changer in global trade as member countries account for about 40 percent of global GDP.
3. India is a founder member of TPP.
Select the correct answer using the code given below.

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

CDS (II) 2019

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