prelims 2020




day 108

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Economic and Social Development – Day 108 Quiz (Click Here)



1. Cabinet committee on Economic Affairs has approved a new policy called ‘SHAKTI’. The aim of this policy is to
  • a. Allocate coal in transparent manner
  • b. To provide low interest loans to farmers to buy tractors
  • c. To allocate power to all rural households
  • d. To promote electric vehicles


2. Government has approved for the setting up of a “special purpose vehicle to be called Government e-procurement portal”, which of the following statements is/are correct regarding this?

  1. GeM is an Online Market platform to facilitate procurement of goods and services by various Ministries and agencies of the Government.
  2. It aims to enhance transparency, efficiency and speed in public procurement of goods and services and eliminate corruption.
  3. GeM is a completely paperless, cashless and system driven e-market place that enables procurement of common use goods and services with minimal human interface.

Select the correct answer using the codes given below

  • a. 1 and 2
  • b. 1 and 3
  • c. 1, 2 and 3
  • d. None of the above


3. The Union Cabinet has given its approval to the signing of the Interbank Local Currency Credit Line Agreement and Cooperation Memorandum Relating to Credit Ratings by Exim Bank with participating member banks under BRICS Interbank Cooperation Mechanism. Consider the following about it.

  1. These are binding umbrella pacts on BRICS member nations.
  2. It allows Exim bank to negotiate and conclude any individual contracts with related within the framework of this pact.
  3. Lending in single currency by financial member-institutions would be possible by this pact.

Select the correct answer using the codes below.

  • a. 1 only
  • b. 2 and 3 only
  • c. 1 and 2 only
  • d. 1, 2 and 3


4. Multilateral Carbon Credit Fund (MCCF) is maintained by the
  • a. European Investment Bank (EIB) with the European Bank for Reconstruction and Development (EBRD)
  • b. Multilateral Investment Guarantee Agency (MIGA) with the World Bank (WB)
  • c. Global Carbon Facility (GCF) with UNFCCCC.
  • d. None of the above.


5. A Systematic Investment Plan or SIP is a smart and hassle free mode for investing money that allows you to invest a certain pre-determined amount at a regular interval. Consider the following

  1. Mutual Fund
  2. Gold
  3. Diamond Indian investors can buy

which of the given entities through SIP?

  • a. 1 and 2
  • b. Only 1
  • c. 1 and 3
  • d. 1, 2 and 3


6. ATMA Scheme is concerned with
  • a. Agriculture
  • b. Textiles
  • c. Primary Education
  • d. Rescuing Missing Children


7. The bilateral investment treaties BITs seeks to protect the interests of foreign investors. India has framed a new model BIT. Consider the following statements in this regard

  1. The new Indian Model BIT will provide appropriate protection to foreign investors in India and Indian investors in the foreign country.
  2. Under the new model BIT, the Most Favoured Nation status is strengthened

Which of the statements given above is/are correct?

  • a. 1 only
  • b. 2 only
  • c. Both 1 and 2
  • d. Neither 1 nor 2


8. Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting.

  1. The Convention is an outcome of the OECD / G20 BEPS Project
  2. It is binding upon ratification.

Select the correct answer using the code given below

  • a. 1 only
  • b. 2 only
  • c. Both 1 and 2
  • d. Neither 1 nor 2


9. Consider the following statements

  1. Masala bonds are bonds issued outside India in foreign currency
  2. The term was used by International Finance Corporation
  3. In dollar bonds, the borrower takes the currency risk but masala bond makes the investors  bear the risk
  4. The first Masala bond was issued by the International Monetary Fund backed International  Finance Corporation in November 2014
  5. First Indian Company was HDFC that raised money from Masala bonds
  6. NTPC issued first corporate green masala bonds

Which of the statements given above are correct?

  • a. 1,2,3 and 4
  • b. 2,3 and 6
  • c. 2,3,5 and 6
  • d. 2,4 and 5


10. The current Poverty line in India, is decided by which of the following committee’s formula?

  • a. C Rangarajan Committee
  • b. Alagh Committee
  • c. Lakdawala committee
  • d. Tendulkar Committee


11. The government of India has undertaken creation of National Optical Fibre Network (NOFN) to
  • a. Provide internet access to all the urban households by 2015
  • b. Provide broadband access to 2.5 lakh panchayats in the country
  • c. Create extensive network to enable industries to access cheap internet all over the country
  • d. None of the above


12. The Government has recently approved the launching of a  new Integrated Processing Development Scheme (IPCS). Which  of the following is/are correct in this connection?

  1. The scheme envisages the development of brown field and green  field projects in the food processing sector in India.
  2. The scheme  addresses environmental issues also.
  3. It would  encourage  R&D in the  textile processing sector.

Select the correct answer using the codes below.

  • a. Only 1
  • b. 2 and 3
  • c. 1 and 2
  • d. None of the above


13. Consider  the  following statements  on  National Urban Health  Mission  (NUHM), which along with National Rural Health Mission (NRHM)

  1.  Both the schemes have been now clubbed  under  Sarva Swasthya Abhiy
  2.  A  NUHM is   proposed for the urban poor with  focus on those living in urban slums.
  3.  One Accredited Social Health Activist  ASHA (community  link worker) for 200 to  500 households will work under  NUHM scheme

Which  of the statements given above is/are correct?

  • a. 1 and 2 Only
  • b. 2 and 3 Only
  • c. 3 Only
  • d. 2 Only


14. With reference to Rashtriya Madhyamik Shiksha Abhiyan (RMSA), consider the following statements

  1. It was launched by the central government to enhance access to secondary education and to improve its quality
  2. It seeks to ensure availability of secondary schools within reasonable distance of every habitation
  3. It seeks to reduce disparities related to gender, socio-economic status, geographical location and disability.
  4. It‘s a wholly centrally funded scheme

Which of the above statements given is/are correct?

  • a. 1 and 2
  • b. All
  • c. 2 and 3
  • d. 1,2 and 3


15. Consider the following statements

  1. Panchayat Yuva Krida Aur Khel Abhiyan (PYKKA) aims at providing basic sports infrastructure and promoting games/sports in rural areas in a phased and time-bound manner
  2. Under the Scheme, each village Panchayat and each Block Panchayat would be given one time seed capital grant of Rs.1 lakh and Rs.5 lakh, respectively.

Which of the above is/are correct?

  • a. 1 Only
  • b. 2 Only
  • c. Both
  • d. None


16. Consider  the  following statements

  1. Operation  Sadhbhavana is evidence of the Indian Army’s “organisational innovation and operational learning”.
  2. Youth  Employment  and Guidance Node (YEGN)  programme under Operation Sadhbhavana  was launched a few years  back in  border and remote areas of  Jammu and Kashmir  to enable  the youth to get employmentWhich  of the statements given above is/are correct?
  • a. 1 Only
  • b. 2 Only
  • c. Both
  • d. None


17. Consider the following statements about the Socio-economic caste census (SECC):

  1. It will be based on a sample study of the Indian population.
  2. The data collected by the census will be scrutinized by the respective Gram Sabhas.
  3. It is based on the principles of exclusion and inclusion on some particular criteria.

Which of these is/are correct?

  • a. 1 and 2
  • b. 2 and 3
  • c. 1 and 3
  • d. All of the above


18. Consider the following about the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) scheme

  1. The scheme can be implemented with public private partnership model (PPP) model.
  2. It will be funded jointly by the Centre and States.
  3. Projects will be executed by Urban Local Bodies (ULBs).

Select the correct answer using the codes below.

  • a. 1 and 2 only
  • b. 2 only
  • c. 2 and 3 only
  • d. 1, 2 and 3


19. Which of the following schemes has/have been subsumed under “Swachha Bharat Abhiyaan”?

  2. Slum Development Scheme
  3. National Service Scheme

Select the correct answer using the codes below.

  • a. 1 and 2 only
  • b. 2 and 3 only
  • c. 2 only
  • d. None of the above


20. Pradhan Mantri Kaushal Vikas Yojana (PMKVY) is the flagship outcome-based skill training scheme of the new Ministry of Skill Development & Entrepreneurship (MSDE).Consider the following about it.

  1. The scheme will be implemented through the National Skill Development Corporation (NSDC).
  2. Monetary reward is provided to trainees who have successfully passed the skill course.
  3. Skill training under PMKVY would essentially target drop out students after class 10 and class 12.

Select the correct answer using the codes below.

  • a. 1 and 2 only
  • b. 2 only
  • c. 1 and 3 only
  • d. 1, 2 and 3


21. Which of the following ministries/department run programmes/schemes/projects that have a bearing on land degradation in India?

  1. Ministry of Rural Development
  2. Ministry of Environment, Forest and Climate Change
  3. Ministry of Water Resources
  4. Ministry of Tribal Affairs
  5. Department of Space

Select the correct answer using the codes below.

  • a. 1, 2 and 4 only
  • b. 2, 3 and 5 only
  • c. 1, 4 and 5 only
  • d. 1, 2, 3, 4 and 5


22. Which of the following is NOT one of the monitorable targets under the Beti Bachao Beti Padhao scheme?

  • a. Being able to convert rupee notes into gold
  • b. Universal primary and secondary enrolment for girls in public schools
  • c. Improve the Sex Ratio at Birth (SRB) in selected gender critical districts
  • d. Promote a protective environment for Girl Children by implementing of Protection of Children from Sexual Offences (POCSO) Act 2012


23. The Open Market Sale Scheme of Ministry of Food and Civil Supplies helps achieve which of the following objective(s)?

  1. Keeping food inflation under check
  2. Controlling prices of food grains during off season
  3. Increasing supply of food grains in deficit areas

Select the correct answer using the codes below.

  • a. 1 and 2 only
  • b. 2 and 3 only
  • c. 1 and 3 only
  • d. 1, 2 and 3


24. Consider the following about ‘One MP – One Idea Scheme’.

  1. It was initiated by the Ministry of Parliamentary affairs.
  2. The District administration submits innovative ideas to MPs who then forward it to the Union Cabinet for ratification and implementation.
  3. Ideas must be funded by the concerned MPs through MPLADS funds.

Select the correct answer using the codes below.

  • a. 1 and 2 only
  • b. 2 only
  • c. 2 and 3 only
  • d. None of the above


25.Consider the following statements about Zero Defect and Zero Effect (ZED) Scheme

  1. It is concerned with micro, small and medium enterprises (MSMEs)
  2. The final ZED certification will be issued by Quality Council of India (QCI)
  3. Associated Chambers of Commerce and Industry of India (ASSOCHAM) has been nominated as the National Monitoring & Implementation Unit

 Select the correct statements

  • a. 1 and 2
  • b. 2 and 3
  • c. 1 and 3
  • d. All of the above

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