GK in English

GK Chapterwise – CDS Previous Year Papers

Table of Contents

121. The 76% growth rate registered by Indian economy during the year 2015-16 is based on

(a)Gross National Product at market prices
(b) Gross Value Added at constant prices
(c) Gross Domestic Product at market prices
(d) Gross Domestic Product at constant prices
Ans: (d)

CDS (I) 2012

122. TRIPS Agreement pertains to

(a)international tariff regime
(b) intellectual property protection
(c) international practices on trade facilitation
(d) international taxation of property
Ans: (b)
CDS Exam (I) 2007

123. Which one of the following is not a component of Revenue Receipts of the Union Government?

(a)Corporate tax receipts
(b) Dividends and profits
(c) Disinvestment receipts
(d) Interest receipts
Ans: (c)

CDS (I) 2009

124. Which one of the following sectors is not affected by the changes made in the Foreign Direct Investment Policy in June 2016?

(a)Multi-brand retailing
(b) Defence
(c) Private security agencies
(d) Manufacturing of small arms and ammunitions covered under the Arms Act, 1959
Ans: (a)

CDS (II) 2018

125. Goods and Services Tax likely to be levied in India is not a

(a)gross value tax
(b) value-added tax
(c) consumption tax
(d) destination-based tax
Ans: (a)

CDS (I) 2016

126. The Most Favoured Nation (MFN) Clause under WTO regime is based on the principle of

(a)non-discrimination between nations
(b) discrimination between nations
(c) differential treatment between locals and foreigners
(d) uniform tariff across commodities
Ans: (a)
CDS Exam (I) 2008

127. The Twelfth Five-Year Plan focussed on inclusive growth.
Which of the following were considered as challenges for inclusiveness ?
1. Poverty 2. Group inequality
3. Regional imbalance 4. Unemployment Select the correct answer using the code given below.

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

CDS (I) 2010

128. In the year 2016, the Government of India announced a ` 6,000 crore special package for the textile and apparel sector to
1. create one crore jobs within three years
2. create jobs equally for men and women
3. provide tax and production incentives for the entrepreneurs Select the correct answer using the code given below.

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

CDS (II) 2015

129. Which of the following indicators have been used by the World Economic Forum to calculate Global Competitiveness Index for 2016–2017?
1. Efficiency enhancer subindex
2. Innovation and sophistication factors subindex
3. Life expectancy enhancer subindex Select the correct answer using the code given below.

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

CDS (I) 2011

130. Devaluation of currency will be more beneficial if prices of

(a)domestic goods remain constant
(b) exports become cheaper to importers
(c) imports remain constant
(d) exports rise proportionately
Ans: (a)
CDS Exam (I) 2013

131. The monetary policy in India uses which of the following tools?
1. Bank rate 2. Open market operations
3. Public debt 4. Public revenue Select the correct answer using the code given below.

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

CDS (I) 2017

132. Arrange the following events in sequential order as they happened in India:
1. Mahalanobis Model
2. Plan Holiday
3. Rolling Plan Select the correct answer using the code given below.

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

CDS (II) 2015

133. BREXIT refers to the Great Britain leaving which one of the following?

(a)International Monetary Fund
(b) Commonwealth
(c) World Trade Organization
(d) European Union
Ans: (d)
CDS Exam (II) 2019

134. Which one of the following statements about Exchange-
Traded Fund (ETF) is not correct?

(a)It is a marketable security.
(b) It experiences price changes throughout the day.
(c) It typically has lower daily liquidity and higher fees than mutual fund shares.
(d) An ETF does not have its net asset value calculated once at the end of every day.
Ans: (c)
CDS Exam (I) 2012

135. Which one of the following is not an exclusive right of the concerned coastal nations over Exclusive Economic Zone

(a)Survey and exploitation of mineral resources of ocean deposits
(b) Exploitation of marined water energy and marine organisms including fishing
(c) Conservation and management of marine resources
(d) Navigation of ships and laying down submarine cables
Ans: (a)

CDS (I) 2007

136. Who among the following scholars argued that “capital created underdevelopment not because it exploited the underdeveloped world, but because it did not exploit it enough”?

(a)Bill Warren
(b) Paul Baran
(c) Geoffrey Kay
(d) Lenin
Ans: (c)

CDS (II) 2009

137. Match List-I with List-II and select the correct answer using the code given below the Lists:
List-I List-II
(Type of Deficit) (Explanation)
A. Fiscal Deficit 1. Total Expenditure– Revenue Receipts & Non-debt Capital Receipts
B. Revenue Deficit 2. Revenue Expenditure – Revenue Receipts
C. Effective Revenue 3. Revenue Deficit –Grants for Deficit Creation of Capital Assets
D. Primary Deficit 4. Fiscal Deficit – Interest Payments Code:

(a)1 2 3 4
(b) 1 3 2 4
(c) 4 2 3 1
(d) 4 3 2 1
Ans: (a)
CDS Exam (II) 2018

138. In India, the base year of the new GDP series has been shifted from 2004-05 to

(a)2007 – 08
(b) 2008 – 09
(c) 2010 – 11
(d) 2011 – 12
Ans: (d)

CDS (II) 2016

139. Consider the following statements about impact of tax:
1. A tax is shifted forward to consumers if the demand is inelastic relative to supply.
2. A tax is shifted backward to producers if the supply is relatively more inelastic than demand.
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
Ans: (c)

CDS (I) 2008

140. Which one of the following events is not correctly matched with the year in which it happened?

(a)Inauguration of the SWIFT system of electronic interbank fund transfers worldwide—1985
(b) Conclusion of the Uruguay Round of GATT—1994
(c) Inauguration of the World Trade Organization—1995
(d) Establishment of the first wholly electronic stock exchange (Nasdaq)—1971
Ans: (a)

CDS (II) 2010

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