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4392 Previous Year Questions • 2016–2026 • Prelims, Mains, Essay, Optionals
Topic:[APFC] Global Economics & Future Trends: Balance of Payments (BoP), foreign exchange rate, LPG reforms 1991, international economic institutions (IMF, World Bank, WTO), foreign investment (FDI, FII), disinvestment & privatization, Make in India, Atmanirbhar Bharat, financial inclusion, digital economy, gig economy, startup ecosystem, green economy.23 PYQs
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EPFO APFC - General Ability Test
1 shownEPFO APFC - General Studies
11 shown2023•EPFO APFC•General Studies•Q.115
115. Which of the following statements about
globalization is/are correct?
1
It has fuelled the spread of trans-border currencies, digital cash and global credit cards.
2
Securities markets have gained a global dimension with the development of electronic round-the-world trading.
Select the correct answer using the code given below.
Indian EconomyMedium
2023•EPFO APFC•General Studies•Q.119
119. Which of the following statements about
a 'unicorn' is/are correct?
1
In the venture capital industry, the term 'unicorn' refers to any startup that reaches the valuation of $10 billion.
2
Only a privately held startup can be a unicorn.
Select the correct answer using the code given below.
Indian EconomyEasy
2016•EPFO APFC•General Studies•Q.39
When the Government ownership in Public Sector Undertakings is diluted, it is called
Indian EconomyMedium
2016•EPFO APFC•General Studies•Q.49
Whenever countries set up a Free Trade Area, they abolish all restrictions on trade among themselves and
Indian EconomyMedium
2016•EPFO APFC•General Studies•Q.50
Which of the following are the functions of Foreign Investment Promotion Board (FIPB)?
1
To ensure expeditious clearance of the proposals for foreign investment
2
To review periodically the implementation of the proposals cleared by the Board
3
To undertake all other activities for promoting and facilitating FDI as considered necessary from time to time
4
To interact with the FIPC being constituted separately by the Ministry of Industry
Indian EconomyMedium
2016•EPFO APFC•General Studies•Q.53
The Rangarajan Committee on disinvestment of shares in Public Sector Enterprises suggested that
1
The percentage of equity to be divested should be no more than 49% for industries explicitly reserved for the public sector and it should be either 74% or 100% for others.
2
Year-wise targets of disinvestment should be maintained.
Indian EconomyMedium
2016•EPFO APFC•General Studies•Q.58
Which of the following statements are correct regarding the International Monetary Fund (IMF)?
1
India is a founder member of the IMF.
2
India's quota in the IMF is more than 4 percent.
3
Finance Minister is represented ex-officio on the IMF.
4
IMF conducts regular review of India's economic status under Article IV.
Indian EconomyMedium
2016•EPFO APFC•General Studies•Q.73
Which of the following trends in FDI inflows are correct?
1
In 2003-04, the FDI Equity inflow percentage growth was negative.
2
From 2004-05 to 2007-08, the FDI inflows were very high and positive.
3
In 2008-09, the FDI inflows were positive, but had decreased relative to the previous year.
Indian EconomyMedium
2016•EPFO APFC•General Studies•Q.118
Statement (I)
Trade between two countries takes place on account of differences in costs.
Statement (II)
Different countries have different factor endowments.
Indian EconomyMedium
2016•EPFO APFC•General Studies•Q.119
Statement (I)
Foreign investment may affect a country's export performance.
Statement (II)
Inflow of foreign exchange may cause appreciation of local currency leading to a rise in the price of export commodities.
Indian EconomyMedium
2012•EPFO APFC•General Studies•Q.10
Despite having huge coal reserve in our country, why do we import millions of tons of coal? Consider the following statements:
1
It is policy of Govt. of India to save its own coal reserve for future use and import now from other countries for present use.
2
Most of the thermal plants in our country are coal based and they are unable to get sufficient coal supply from our coal mines.
3
Steel plants require large quantities of coking coal which we do not have; coking coal is to be imported from other countries. Which of the above statements is/are correct?
Indian EconomyMedium
EPFO EO/AO - General Ability Test
8 shown2023•EPFO EO/AO•General Ability Test•Q.92
Which of the following is/are elements of India's 'Panchamrit' view on climate change?
1
India will reach its non-fossil energy capacity of 500 GW by 2030.
2
India will meet 50% of its energy requirements from renewable energy by 2030.
Indian EconomyMedium
2023•EPFO EO/AO•General Ability Test•Q.113
Statement I
A very strong US Dollar squeezes global credit.
Statement II
Many countries and companies outside America borrow in Dollars.
Indian EconomyMedium
2023•EPFO EO/AO•General Ability Test•Q.115
Recently which one among the following committed up to $25 billion for the next five years to fund India's infrastructure creation under the Prime Minister Gati Shakti initiative as well as social development and climate action, thus aiding India's aspirations for green growth?
Indian EconomyMedium
2023•EPFO EO/AO•General Ability Test•Q.116
'Large Language Models', sometimes described in news, can be used in which of the following?
1
Creation of reimagined search engines
2
Health care
3
Software development
4
Translating a language
Indian EconomyMedium
2021•EPFO EO/AO•General Ability Test•Q.79
In which one of the following places, was Asia's first Export Processing Zone (EPZ) set up in 1965?
Indian EconomyMedium
2017•EPFO EO/AO•General Ability Test•Q.50
Which one of the following countries is not a member of WTO?
Indian EconomyMedium
2017•EPFO EO/AO•General Ability Test•Q.51
A StandUp enterprise can be established in
1
farming sector
2
manufacturing sector
3
service sector
4
trading sector
Select the correct answer using the code given below.
Indian EconomyMedium
2017•EPFO EO/AO•General Ability Test•Q.54
Startup Hubs are agreed to be set up in
1
IIITs
2
IISERs
3
NITs
4
Central Universities
Select the correct answer using the code given below.
Indian EconomyMedium