UPSC · Economy · Economy — Spot Error

Exercise and reference answers

Questions

1. Statement parts

   1. The
   2. Reserve
   3. Bank
   4. of
   5. India
   6. was
   7. established
   8. in
   9. 1947
   10. .

   Correction

   1935

   Incorrect part

   1947

2. Statement parts

   1. The
   2. Goods
   3. and
   4. Services
   5. Tax
   6. came
   7. into
   8. effect
   9. in
   10. India
   11. in
   12. 2015
   13. .

   Correction

   2017

   Incorrect part

   2015

3. Statement parts

   1. NITI
   2. Aayog
   3. replaced
   4. the
   5. Election
   6. Commission
   7. in
   8. 2015
   9. .

   Correction

   Planning Commission

   Incorrect part

   Election

4. Statement parts

   1. Repo
   2. rate
   3. is
   4. the
   5. rate
   6. at
   7. which
   8. the
   9. RBI
   10. borrows
   11. from
   12. commercial
   13. banks
   14. .

   Correction

   lends to

   Incorrect part

   borrows

Instructions

Tap the wrong word in each economy statement.