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Which one of the following statements is not correct?
CDS I 2021
Real GDP is calculated by valuing outputs of different years at common prices.
Potential GDP is the real GDP that the economy would produce if its resources were fully employed.
Nominal GDP is calculated by valuing outputs of different years at constant prices.
Real GDP per capita is the ratio of real GDP divided by population.
The mismatch in the regional or occupational pattern of job vacancies and the pattern of worker availability results in
CDS I 2021
Structural unemployment
Disguised unemployment
Altered unemployment
Cyclical unemployment
The situation in an economy which is growing slowly along with rapid inflation (rising price level) is called
CDS I 2021
Stagnation
Deflation
Stagflation
Recession
The increase in private investment spending induced by the increase in Government spending is known as
CDS I 2021
Crowding in
Deficit financing
Crowding out
Pumping out
The asset or assets that a borrower pledges in order to guarantee repayment of a loan is called as
CDS I 2021
Cheque
Collateral
Guarantee card
Bond
The percentage by which the money the borrower pays back exceeds the money that was borrowed is called as
CDS I 2021
Bank rate
Nominal interest rate
Real interest rate
Terms of credit
Which one of the following is not a function of money?
CDS I 2021
Acts as an intermediate in the exchange process
Acts as a store of value
Used as the unit of account
Used for regulating consumption
The situation where the equilibrium level of real GDP falls short of potential GDP is known as
CDS I 2021
Recessionary gap
Inflationary gap
Demand-side inflation
Supply-side inflation
The excess of total expenditure of Government over its total receipts, excluding borrowings, is known as
CDS I 2021
Primary deficit
Fiscal deficit
Current deficit
Capital deficit
Exchange rates state the value of one currency in terms of other currencies. Which one of the following statements with respect to the exchange rate of currency is correct?
CDS I 2021
Floating exchange rates are rates in which the Governments interfere by buying or selling their currencies.
Fixed exchange rates are rates set by Government decisions and maintained by Government actions.
Under the Bretton Woods System, the exchange rates are floated in terms of rise or fall in price of gold.
Under the classical gold standard, the exchange rates are fixed in terms of price of dollar.
Which of the following is/are social security scheme(s) ?
1. Atal Pension Yojana
2. Pradhan Mantri Jeevan Jyoti Bima Yojana
3. Pradhan Mantri Suraksha Bima Yojana
Select the correct answer using the code given below :
CDS I 2021
1 only
2 and 3 only
1, 2 and 3
1 and 3 only
NIDHI is an umbrella scheme for the promotion of
CDS I 2021
young and aspiring innovators.
scientific research.
primary health care.
primary education in rural areas.
The Saubhagya Scheme aims at universal
CDS I 2021
LPG connection.
household electrification.
primary school education.
public health insurance.
Mission Indradhanush aims at
CDS I 2021
reducing child deaths due to pneumonia.
reducing the impact of rotavirus.
elimination of maternal tetanus.
full immunisation of children.
Which one of the following statements about the DDU - GKY is not correct ?
CDS I 2021
It is a skill training programme.
It is for rural youth from poor families.
Its objective is placement in wage employment.
It relies entirely on skill training by Government agencies.
Which of the following statements about the Pradhan Mantri Gram Sadak Yojana are correct?
1. It is part of Government of India's poverty reduction strategy.
2. It is a centrally sponsored scheme for rural development.
3. It provides connectivity in rural areas.
Select the correct answer using the code given below :
