UPSC · Economy · Odd One Out — Economy

Exercise and reference answers

Questions

1. Items

   1. ISRO
   2. RBI
   3. SEBI
   4. IRDAI

   Reason

   ISRO is the Indian Space Research Organisation; the others are financial-sector regulators.

   Odd item

   ISRO

2. Items

   1. GDP
   2. WTO
   3. GNP
   4. NNP

   Reason

   WTO is an international trade body; the others are measures of national output.

   Odd item

   WTO

3. Items

   1. NITI Aayog
   2. Planning Commission
   3. Election Commission
   4. Finance Commission

   Reason

   Election Commission handles elections; the others are economic-policy bodies.

   Odd item

   Election Commission

4. Items

   1. Direct Tax
   2. Indirect Tax
   3. Tariff
   4. Fiscal Deficit

   Reason

   Fiscal Deficit is a budget gap, NOT a kind of tax; the other three are tax categories.

   Odd item

   Fiscal Deficit

5. Items

   1. Exchange Rate
   2. Repo Rate
   3. Reverse Repo Rate
   4. Bank Rate

   Reason

   Exchange Rate is the price of foreign currency; the other three are RBI policy rates.

   Odd item

   Exchange Rate

Instructions

Tap the term that doesn't belong with the others.