You can prepare effectively for UPSC Additional Study Material for UPSC with this dedicated MCQ Practice Test (available with solutions) on the important topic of "Ramesh Singh : Miscellaneous - 2". These 10 questions have been designed by the experts with the latest curriculum of UPSC 2026, to help you master the concept.
Test Highlights:
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Consider the following statements.
1. A bond bearing zero-coupon rate sold at a price lower than its face value. Investors book profit when they sell it.
2. Such bonds are popularly used by the governments to raise short - term funds.
Which of these statements is/are correct?
Detailed Solution: Question 1
Consider the following statements.
1. A graphic representation of the gap of a firm shows in its actual and minimum costs products
2. X-inefficiency suggests that firms typically operate at higher costs than their minimum attainable costs
Which of these statements is/are correct?
Detailed Solution: Question 2
WildCat Strike is a strike called on by a group of employees without the support of:
Detailed Solution: Question 3
Consider the following statements.
1. The loan which is forwarded by the bank only against the creditworthiness and some collateral of the borrower is known as ‘unsecured loan'.
2. Such loans are also known as signature loans and personal loans.
Which of these statements is/are correct?
Detailed Solution: Question 4
Consider the following statements about Transfer Earnings.
1. The return that an asset must earn to prevent its transfer to the next best alternative use.
2. Any earning above the transfer earnings is known as its 'economic rent'
Which of these statements is/are correct?
Detailed Solution: Question 5
Consider the following statements about Transfer Payments.
1. The expenditure by the government for which it receives no goods or services
2. Expenditures on tax collection is an example of this
3. They are counted in the national income of the economy
Which of these statements is/are correct?
Detailed Solution: Question 6
Consider the following statements.
1. This takes place when a firm bases its headquarters in a low tax country while keeps its material operations in the high tax countries.
2. This way, firms cut their tax payment liabilities.
3. This is illegal and is a method of tax avoidance.
Which of these statements is/are correct?
Detailed Solution: Question 7
Which of these statements are correctly matched?
1. Debt swap - Exchanging one debt by another for a fresh term of repayment schedule at the same or usually lower interest rates.
2. Interest Rate Swap - Exchanging one debt of a particular interest rate for another at the lower interest rate.
3. Product Swap - Exchanging one product for the other as wheat for milk.
Which of these statements is/are correct?
Explained: Self-explanatory
Which of the following are the examples of sunk cost?
Detailed Solution: Question 9
Consider the following statements about Short Selling.
1. Selling shares without possessing them
2. After the prices fell to a certain extent the short-seller covers his position by cheaper shares booking the difference in price as profits
3. It is also known as bull operation
Which of these statements is/are correct?
Detailed Solution: Question 10
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