
'World Development Report' is an annual publication of:
International Bank of Reconstruction and Development
International Monetary Fund


Important Questions on Indian Economy
Consider the following statements:
1. The World Intellectual Property Organization (WIPO) is a specialised agency of the United Nations System of Organizations.
2. WIPO has its headquarters in Rome.
3. Trade-Related Aspects of Intellectual Property Rights (TRIPS) agreement is binding, on all World Trade Organization (WTO) members.
4. Least developed country members of WTO are not required to apply the provisions of TRIPS agreement for a period of 20 years from the general date of application of the agreement.
Which of these statements are correct?

India's external debt increased from US$ 91158 million as at the end of March 2000 to US $100225 million at the end of March 2001 due to an increase in:

With reference to the Indian economy, consider the following activities:
1. Agriculture, Forestry and Fishing.
2. Manufacturing.
3. Trade, Hotels, Transport and Communication.
4. Financing, Insurance, Real Estate and Business services.
The decreasing order of the contribution of these sectors to the Gross Domestic Product (GDP) at factor cost at constant prices (2000-01) is:

Which one of the following committees recommended the abolition of reservation of items for the Small Scale Sector in the industry?

With reference to the government's welfare schemes, consider the following statements:
1. Under the Antyodaya Anna Yojana, the food grains are available to the poorest of the families at Rs. 2 per kg for wheat and Rs. 3 per kg for rice.
2. Under the National Old Age Pension Scheme, the old and destitute are provided Rs.75 per month as a central pension, in addition to the amount provided by most State Government.
3. Government of India has allocated 25 kg food-grain per below poverty line family per month, at less than half the economic cost.
Which of these statements are correct?

The Kelkar proposals which were in the news recently were the:

Assertion (A): During the year 2001-02, the value of India's total exports declined, registering a negative growth of 2.17%.
Reason (R): During the year 2001-02, negative growth in exports was witnessed in respect of iron and steel, coffee, textiles and marine products.

Assertion (A): The new EXIM policy is liberal, market-oriented and favours global trade.
Reason (R): GATT has played a significant role in the liberalisation of the economy.
