51: Standard of living of a nation can be judged by:

(a) Increase in GNP at factor cost

(b) Increase in GNP at cost including taxes and duties

(c) Increase in NNP at factor cost

(d) None of the above
52: "Each day is more or less the same, the morning is clear and bright with a sea breeze; as the Sun climbs high in the sky, heat mounts up, dark clouds form, then rain comes with thunder and lightning. But rain is soon over." Which of the following regions is described in the above passage?

(a) Savannah
(b) Equatorial
(c) Monsoon
(d) Mediterranean
53: How do most insects respire?

(a) Through gills
(b) By tracheal system
(c) By lungs
(d) Through skin

54: What is the smallest 6 digit number exactly divisible by 111?
55: Consider the following actions which the Governnient can take:

1. Devaluing the domestic currency.

2. Reduction in the export subsidy.

3. Adopting suitable policies which attract greater FDI and more funds from FIIs.

Which of the above action/actions can help in reducing the current account deficit?

(a) 1 and 2
(b) 2 and 3
(c) 1 and 3
(d) 3 only