Rau's IAS Thematic ECONOMY - 2020

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Test is part of Rau’s IAS Test series for Preliminary Exam 2020
Test Code
GENERAL STUDIES (PAPER–I) TS20E1034
THEMATIC : ECONOMY
Time Allowed: 2 Hours Maximum Marks: 200
(i)
(ii)
(iii)
Test is part of Rau’s IAS Test series for Preliminary Exam 2020
1. हाल ही में, भारत-म्ाां मार ने भारतीय अनुदान सहायता 3. पया िन मांिालय
के माध्यम से 60 मममलयन डॉलर से अमिक की लागत से नीचे मदए गए कूि का प्रयोग कर सही उत्तर चु मनए:
भारत के मनम्नमलखित में से मकस राज्य से होते हुए रही- (a) केिल 1
मिमिम (Rhi-Tiddim) सड़क के मनमाा ण और
(b) केिल 2
पुनरुद्धार की घोषणा की है?
(c) केिल 1 और 3
(a) असम
(d) 1, 2 और 3
(b) ममज़ोरम
(c) मेघालय
5. मनम्नमलखित में से कौनसा/से कथन सही है /हैं ?
(d) मिपुरा
1. भारत ने अफ्रीकी दे शोां में कपास के मलए एक
तकनीकी सहायता कायाक्रम (िीएपी) कायाा खित
2. 'जे नरे शन अनमलममिे ड (Generation Unlimited)' के मकया है ।
सांदभा में मनम्नमलखित कथनोां में से कौनसा/से सही है/हैं ?
2. इिली और फ्राां स “कॉिन फोर” (C4) दे शोां में
1. मिश्व व्यापार सांगठन ने िै मश्वक स्तर पर 'जे नरे शन शाममल हैं ।
अनमलममिे ड' साझेदारी शु रू की है ।
नीचे मदए गए कूि का प्रयोग कर सही उत्तर चु मनए:
2. यह एक एजें डा प्रदान करता है , मक सभी दे श यु िा
(a) केिल 1
लोगोां की मशक्षा, कौशल और सशखिकरण का
(b) केिल 2
समथान करने के मलए अमिक कर सकते हैं अथिा
(c) 1 और 2 दोनोां
उनको करनी चामहए।
(d) न तो 1, न ही 2
(a) केिल 1
6. ‘मक्रएमिां ग मामकाि, मक्रएमिां ग अपोचुा मनमिज़ (Creating
(b) केिल 2
Markets, Creating Opportunities)’ नारा
मनम्नमलखित में से मकस सांगठन से सांबांमित है ?
(d) न तो 1, न ही 2
(a) अांतराा ष्ट्रीय मित्त मनगम
(b) अांतराा ष्ट्रीय मुद्रा कोष
3. राष्ट्रीय पहल YuWaah के सांदभा में मनम्नमलखित कथनोां
(c) मिश्व आमथाक मांच
में से कौनसा/से सही है/हैं ?
(d) मिश्व व्यापार सांगठन
1. 2030 तक, YuWaah का लक्ष्य 50 मममलयन यु िा
ममहलाओां के मलए आकाां क्षात्मक आमथाक अिसर
मनमाा ण करने हे तु मनजी क्षेि के साथ काम करना है । 7. उच्च मुद्रास्फीमत के सांदभा में मनम्नमलखित कथनोां में से
कौनसा/से सही है/हैं ?
2. मित्त मांिालय ने YuWaah की शु रुआत की है ।
1. उच्च मुद्रास्फीमत का समाज में मनम्न-आय िाले
पररिारोां और िृ द्ध लोगोां पर प्रमतगामी प्रभाि पड़ता
(a) केिल 1
है ।
(b) केिल 2
2. उच्च मुद्रास्फीमत के कारण भुगतान दािोां में िृ खद्ध हो
सकती है , क्ोांमक लोग अपनी िास्तमिक आय की
(d) न तो 1, न ही 2 रक्षा करने का प्रयास करते हैं।
4. स्वच्छ भारत ममशन के अांतगा त स्वच्छ आयकॉमनक स्थल (a) केिल 1
(Swachh Iconic Places) सहयोगात्मक पररयोजना
(b) केिल 2
मनम्नमलखित केंद्रीय मांिालयोां में से मकसके/मकनके साथ
शु रू की गई है ?
(d) न तो 1, न ही 2
1. आिास और शहरी मामला का मांिालय
2. सांस्कृमत मांिालय
RAUSIAS-TS20E1034 1
1. Recently, through which of the following 1. The Ministry of Housing and Urban
states of India, did India-Myanmar Affairs
announce the construction and 2. The Ministry of Culture
revamping of the Rhi-Tiddim Road, at a 3. The Ministry of Tourism
cost of more than US$ 60 million, to be Select the correct answer using the code
financed through grant assistance from given below:
India?
(a) 1 only
(a) Assam
(b) 2 only
(b) Mizoram
(c) 1 and 3 only
(c) Meghalaya
(d) 1, 2 and 3
(d) Tripura
5. Which of the following statements is/are

2. Which of the following statements is/are correct?
correct about ‘Generation Unlimited’?
1. India has implemented a technical
1. The World Trade Organization (WTO) assistance programme (TAP) for cotton
initiated the ‘Generation Unlimited’ in African countries.
partnership at the global level.
2. Italy and France are included in the
2. It provides an agenda that all
“cotton four” (C4) countries.
countries can or must do more to
Select the correct answer using the code
support education, skills and
empowerment of the young people. given below:
Select the correct answer using the code (a) 1 only

given below: (b) 2 only
(a) 1 only (c) Both 1 and 2
(b) 2 only (d) Neither 1 nor 2
(c) Both 1 and 2
(d) Neither 1 nor 2 6. The slogan, ‘creating markets, creating
opportunities’, is related to which of the
3. Which of the following statements is/are following organizations?
correct about the national initiative - (a) The International Finance Corporation
YuWaah? (b) The International Monetary Fund
1. By 2030, YuWaah aims to work with (c) The World Economic Forum
the private sector to create (d) The World Trade Organization
aspirational economic opportunities
for 50 million young women.
2. The Ministry of Finance launched
correct regarding higher inflation?
YuWaah.
1. Higher inflation has a regressive effect
on lower-income families and older
given below:
people in the society.
(a) 1 only
2. Higher inflation can lead to an
(b) 2 only
increase in pay claims, as people look
(c) Both 1 and 2 to protect their real incomes.
(d) Neither 1 nor 2 Select the correct answer using the code
given below:
4. Swachh Iconic Places (SIP), launched (a) 1 only
under the Swachh Bharat Mission, is a
(b) 2 only
collaborative project with which of the
(c) Both 1 and 2
following central ministries?
(d) Neither 1 nor 2
RAUSIAS-TS20E1034 2
8. मनम्नमलखित कथनोां में से कौनसा/से सही है /हैं ? 11. मनम्नमलखित कथनोां में से कौनसा/से सही है /हैं ?
1. भारत सरकार मसक्ोां को जारी करने िाला 1. समिा मफकेि ऑफ मडपॉमजि (सीडी) एक परक्राम्
प्रामिकरण है और यह मााँ ग के आिार पर भारतीय मोलभाि करने लायक) मुद्रा बाज़ार ले ि-पि
ररज़िा बैं क को मसक्ोां की आपूमता करती है । (Instrument) है ।
2. भारतीय ररज़िा बैं क केंद्र सरकार की ओर से 2. कॉल मनी माकेि के अांतगा त ओिरनाइि आिार पर
मसक्ोां को प्रचलन में डालता है । मनमियोां का ले न-दे न मकया जाता है ।
नीचे मदए गए कूि का प्रयोग कर सही उत्तर चु मनए: नीचे मदए गए कूि का प्रयोग कर सही उत्तर चु मनए:
(a) केिल 1 (a) केिल 1
(b) केिल 2 (b) केिल 2
(c) 1 और 2 दोनोां (c) 1 और 2 दोनोां
(d) न तो 1, न ही 2 (d) न तो 1, न ही 2
9. मित्तीय पयािेक्षण बोडा (बीएफएस) के सांदभा में 12. मित्तीय खस्थरता और मिकास पररषद (एफएसडीसी) के
मनम्नमलखित कथनोां में से कौनसा/से सही है /हैं ? सांदभा में मनम्नमलखित कथनोां में से कौनसा/से सही है/हैं ?
1. भारतीय ररज़िा बैं क, मित्तीय पया िेक्षण बोडा के 1. यह एक साां मिमिक मनकाय है ।
मागा दशा न में पया िेक्षी काया करता है । 2. पररषद की अध्यक्षता प्रिानमांिी के द्वारा की जाती
2. बीएफएस का प्राथममक उद्दे श्य अनुसूमचत है ।
िामणखज्यक और सहकारी बैं कोां समहत मित्तीय क्षेि 3. एफएसडीसी की स्थापना मित्तीय खस्थरता बनाए
का समेमकत पया िेक्षण करना है । रिने और अांतर-मनयामक समिय को बढाने हे तु
नीचे मदए गए कूि का प्रयोग कर सही उत्तर चु मनए: प्रणाली को मज़बू त करने तथा सांस्थागत बनाने के
(a) केिल 1 मलए की गई थी।
(b) केिल 2 नीचे मदए गए कूि का प्रयोग कर सही उत्तर चु मनए:
(c) 1 और 2 दोनोां (a) केिल 3
(d) न तो 1, न ही 2 (b) केिल 1 और 2
10. 'िर े ज़री मबल' के सांदभा में मनम्नमलखित कथनोां में से (d) 1, 2 और 3
1. यह 2 िषा से अमिक की पररपक्वता अिमि के साथ 13. मनम्नमलखित कथनोां में से कौनसा/से सही है /हैं ?
केंद्र सरकार द्वारा सममथात अल्पकामलक ऋण 1. शे यर बाज़ार का प्राथममक काया क्रेताओां और
दामयत्व हैं । मिक्रेताओां को एक उमचत, मिमनयममत तथा मनयां मित
2. यह बैं मकांग सांस्थानोां के नकद आरमक्षत अनुपात िातािरण में एक साथ लाना है, जहाां िे अपने
(सीआरआर) और िै िामनक तरलता अनुपात व्यापार को मनष्पामदत कर सकते हैं ।
(एसएलआर) की आिश्यकताओां के रूप में काया 2. बॉन्ड माकेि पर मबकने िाली प्रमतभूमतयाां ऋण के
करता है । मिमभन्न स्वरूप हैं ।
नीचे मदए गए कूि का प्रयोग कर सही उत्तर चु मनए: नीचे मदए गए कूि का प्रयोग कर सही उत्तर चु मनए:
(d) न तो 1, न ही 2 (d) न तो 1, न ही 2
RAUSIAS-TS20E1034 3
8. Which of the following statements is/are 11. Which of the following statements is/are
correct? correct?
1. The Government of India is the 1. The Certificate of Deposit (CD) is a
issuing authority of coins and negotiable money market instrument.
supplies coins to the Reserve Bank of
2. Under call money market, funds are
India on demand.
transacted on an overnight basis.
2. The Reserve Bank of India puts the
coins into circulation, on behalf of the Select the correct answer using the code
Central Government. given below:
Select the correct answer using the code (a) 1 only
given below: (b) 2 only
(a) 1 only (c) Both 1 and 2
(b) 2 only
(d) Neither 1 nor 2
(c) Both 1 and 2
(d) Neither 1 nor 2
correct about the Financial Stability and
Development Council (FSDC)?
correct about the Board for Financial
Supervision (BFS)? 1. It is a statutory body.
1. The Reserve Bank of India performs 2. The Council is chaired by the Prime
the supervisory function under the Minister.
guidance of the Board for Financial 3. The FSDC was set up to strengthen
Supervision. and institutionalize the mechanism
2. The primary objective of the BFS is to for maintaining financial stability and
undertake consolidated supervision of enhancing inter-regulatory co-
the financial sector, comprising
ordination.
Scheduled Commercial and Co-
operative Banks. Select the correct answer using the code
Select the correct answer using the code given below:
given below: (a) 3 only
(a) 1 only (b) 1 and 2 only
(b) 2 only (c) 1 and 3 only
(c) Both 1 and 2 (d) 1, 2 and 3
(d) Neither 1 nor 2

10. Which of the following statements is/are correct?
correct about the ‘Treasury Bills’?
1. The primary function of the stock
1. These are short-term debt obligation,
backed by the Central Government, market is to bring buyers and sellers
with a maturity period more than 2 together into a fair, regulated and
years. controlled environment, where they
2. They function as requirements of the can execute their trades.
Cash Reserve Ratio (CRR) and 2. The securities sold on the bond
Statutory Liquidity Ratio (SLR) of the market are all various forms of debt.
banking institutions. Select the correct answer using the code
Select the correct answer using the code given below:
given below:
(a) 1 only
(a) 1 only
(b) 2 only
(b) 2 only
(c) Both 1 and 2 (c) Both 1 and 2
(d) Neither 1 nor 2 (d) Neither 1 nor 2
RAUSIAS-TS20E1034 4
14. फॉरिडा माकेि् स कमीशन (एफएमसी) के सांदभा में 1. अग्रणी बैं क योजना, मजला ऋण आिां िन नीमत के
मनम्नमलखित कथनोां में से कौनसा/से सही है /हैं ? कायाा ियन और इसके मुख्य उद्दे श्य की प्राखि में
1. फॉरिडा माकेि् स कमीशन (एफएमसी) एक महत्वपूणा भूममका मनभाती है ।
साां मिमिक मनकाय है । 2. यह योजना नाबाडा के द्वारा मजला ऋण आिांिन
2. यह मित्त मांिालय के प्रशासमनक मनयां िण में काया नीमत के कायाा ियन के मलए मडज़ाइन की गई है ।
करता है । उपयुाि कथनोां में से कौन-सा/से सही है /हैं ?
3. यह आयोग मित्तीय सत्यमनष्ठा सुमनमित करने के (a) केिल 1
मलए मनयामक मनरीक्षण प्रदान करता है । (b) केिल 2
नीचे मदए गए कूि का प्रयोग कर सही उत्तर चु मनए: (c) 1 और 2 दोनोां
(a) केिल 1 और 3 (d) न तो 1, न ही 2
(b) केिल 1 और 2
(c) केिल 2 18. ग्रामीण अिसांरचना मिकास मनमि (आरआईडीएफ) के
(d) 1, 2 और 3 सांदभा में मनम्नमलखित कथनोां पर मिचार कीमजए:
1. आरआईडीएफ की स्थापना 1995-96 में ग्रामीण
15. मनम्नमलखित कथनोां में से कौनसा/से सही है /हैं ? क्षेिोां में अिसांरचना पररयोजनाओां की पूमता हे तु
1. मडबेन्चसा (ऋणपि) कांपमनयोां के द्वारा ऋण पूांजी मित्तपोषण के मलए की गई थी।
जु िाने के मलए जारी मकए गए उपकरण हैं । 2. यह मनमि भारतीय ररज़िा बैं क की सहायता से केंद्र
2. म्ुखिपल बॉन्ड, भारतीय नगरपामलका मनकायोां के सरकार के द्वारा शु रू की गई थी।
द्वारा जारी मकए गए रुपये बॉन्ड अथिा गै र- उपयुाि कथनोां में से कौन-सा/से सही है /हैं ?
पररिता नीय मडबे न्चसा होते हैं । (a) केिल 1
नीचे मदए गए कूि का प्रयोग कर सही उत्तर चु मनए: (b) केिल 2
(a) केिल 1 (c) 1 और 2 दोनोां
(b) केिल 2 (d) न तो 1, न ही 2
(d) न तो 1, न ही 2 19. इन्द्रिनुष योजना के सांदभा में मनम्नमलखित कथनोां पर
मिचार कीमजए:
16. स्वयां सहायता समूह-बैं क मलां केज कायाक्रम (एसएचजी- 1. केंद्र सरकार ने 2018 में सािाजमनक क्षेि के बैं कोां
बीएलपी) मनम्नमलखित में से मकसके द्वारा शु रू मकया (पीएसबी) पुनोत्थान के मलए इन्द्रिनुष योजना की
गया था? घोषणा की थी।
(a) भारतीय ररज़िा बैं क 2. इस योजना की पररकल्पना प्रदशा न और क्रेमडि
(b) राष्ट्रीय कृमष और ग्रामीण मिकास बैं क (नाबाडा ) मिस्तार का समथान करने की क्षमता के आिार पर
बैं कोां के पुनपूूंजीकरण करने के मलए की गई थी।
(c) भारतीय स्टे ि बैं क
उपयुाि कथनोां में से कौन-सा/से सही है /हैं ?
(d) मिश्व बैं क
(a) केिल 1
(b) केिल 2
17. अग्रणी बैं क योजना (लीड बैं क स्कीम) के सांदभा में
मनम्नमलखित कथनोां पर मिचार कीमजए: (c) 1 और 2 दोनोां
(d) न तो 1, न ही 2
RAUSIAS-TS20E1034 5
14. Which of the following statements is/are key objective of the district credit
correct about the Forward Markets allocation policy.
Commission (FMC)? 2. This scheme is designed by NABARD
1. The Forward Markets Commission to execute the district credit allocation
(FMC) is a statutory body. policy.
2. It functions under the administrative Which of the statements given above
control of the Ministry of Finance. is/are correct?
3. The Commission provides regulatory (a) 1 only
oversight in order to ensure financial (b) 2 only
integrity. (c) Both 1 and 2
Select the correct answer using the code (d) Neither 1 nor 2
given below:
(a) 1 and 3 only
18. Consider the following statements about
(b) 1 and 2 only the Rural Infrastructure Development
(c) 2 only Fund (RIDF):
(d) 1, 2 and 3 1. The RIDF was set up in 1995-96 to
fund complete infrastructure projects
15. Which of the following statements is/are the in rural areas.
correct? 2. This fund was launched by the union
1. Debentures are instruments issued by government with the help of the
the companies to raise debt capital. Reserve Bank of India.
2. Municipal Bonds are rupee bonds or Which of the statements given above
non-convertible debentures, issued by is/are correct?
the Indian municipal bodies. (a) 1 only
Select the correct answer using the code (b) 2 only
given below: (c) Both 1 and 2
(a) 1 only (d) Neither 1 nor 2
(b) 2 only
(c) Both 1 and 2 19. Consider the following statements about
(d) Neither 1 nor 2 the Indradhanush Plan:
1. The Central Government announced
16. Self Help Group – Bank Linkage the Indradhanush Plan for revamping
Programme (SHG-BLP) was launched by the Public Sector Banks (PSBs) in
which of following? 2018.
(a) The Reserve Bank of India 2. The plan was envisaged to recapitalize
(b) The National Bank for Agriculture and banks based on their performance
Rural Development and their ability to support credit
expansion.
(c) The State Bank of India
Which of the statements given above
(d) The World Bank
is/are correct?
(a) 1 only
(b) 2 only
the Lead Bank Scheme:
(c) Both 1 and 2
1. The Lead Bank Scheme plays a pivotal
role in execution and achievement of (d) Neither 1 nor 2
RAUSIAS-TS20E1034 6
20. मनम्नमलखित कथनोां पर मिचार कीमजए: 23. मनम्नमलखित कथनोां पर मिचार कीमजए:
1. स्वच्छ और पूणारूप से प्राििामनत बैं क तु लन-पि 1. पूांजीगत िस्तु एां, ऐसे सामान हैं जो अांमतम उपभोग
(बै लेंस-शीि) के मलए शु रू की गई पररसम्पमत के मलए होती हैं ले मकन िे मिकाऊ होती हैं ।
गु णित्ता समीक्षा (एसेि क्वामलिी ररव्यू) ने गै र- 2. उपभोिा िस्तु एाँ, मिकाऊ चररि के होते हैं जो
मनष्पादक पररसम्पमतयोां (एनपीए) की उच्च उत्पादन प्रमक्रया में उपयोग मकए जाते हैं ।
व्यापकता को प्रदमशात मकया है । 3. मध्यिती िस्तुओां का उपयोग ज्यादातर कच्चे माल
2. सशि पररयोजना को बु रे ऋणोां (Bad Loans) का या अन्य िस्तुओां के उत्पादन के मलए आगत
समािान करने के मलए शु रू मकया गया है । (इनपुि) के रूप में मकया जाता है ।
उपयुाि कथनोां में से कौन-सा/से सही है /हैं ? उपयुाि कथनोां में से कौन-सा/से सही है /हैं ?
(b) केिल 2 (b) केिल 1 और 2
(c) 1 और 2 दोनोां (c) केिल 2 और 3
(d) न तो 1, न ही 2 (d) 1, 2 और 3
21. मदबाां ग बहुउद्दे शीय पररयोजना के सांदभा में मनम्नमलखित 24. मूल्यह्रास के सांदभा में मनम्नमलखित कथनोां पर मिचार
कथनोां पर मिचार कीमजए: कीमजए:
1. यह भारत में अब तक की सबसे बड़ी जल-मिद् यु त् 1. मूल्यह्रास, पूांजीगत िस्तु में होने िाला िामषाक िू ि-
पररयोजना होगी। फूि होती है ।
2. एक बार पूरा होने के बाद, यह भारत का दू सरा 2. सकल मनिे श, मनिल मनिे श में से मूल्यह्रास के
सबसे ऊांचा बाां ि होगा। घिाि के बराबर होता है ।
3. यह एक रन-ऑफ़ ररिर आिाररत पररयोजना है । उपयुाि कथनोां में से कौन-सा/से सही है /हैं ?
उपयुाि कथनोां में से कौन-सा/से सही है /हैं ? (a) केिल 1
(a) 1 केिल (b) केिल 2
(b) 2 और 3 केिल (c) 1 और 2 दोनोां
(c) 3 केिल (d) न तो 1, न ही 2
(d) 1, 2 और 3
25. जीडीपी मडफ्लेिर के सांदभा में मनम्नमलखित पर मिचार
22. प्रिानमांिी ग्राम सड़क योजना, चरण III के सांदभा में कीमजए:
मनम्नमलखित कथनोां पर मिचार कीमजए: 1. सीपीआई और डब्ल्यूपीआई की तु लना में जीडीपी
1. यह ग्रामीण कृमष बाजारोां (ग्राम), उच्चतर माध्यममक मडफ्ले िर अथाव्यिस्था में मुद्रास्फीमत का एक बे हतर
मिद्यालयोां और अस्पतालोां के मलए सरल और ते ज माप है ।
आिागमन प्रदान करे गा। 2. जीडीपी मडफ्ले क्टर में आयामतत िस्तुओां की कीमतें
2. सभी राज्योां के मलए केंद्र और राज्य के बीच योजना भी शाममल होती हैं ।
के मलए मित्त पोषण प्रमतरूप 60:40 है । 3. जीडीपी मडफ्लेिर में प्रत्ये क िस्तु के उत्पादन स्तर
3. इस योजना के अांतगात पुलोां के मनमाा ण की अनुममत के अनुसार सामानोां का भाराां श मभन्न होता है ।
नहीां है । उपयुाि कथनोां में से कौन-सा/से सही है /हैं ?
उपयुाि कथनोां में से कौन-सा/से गलत है/हैं ? (a) केिल 1 और 2
(a) केिल 1 और 2 (b) केिल 1 और 3
(b) केिल 2 और 3 (c) केिल 2 और 3
(c) केिल 1 और 3 (d) 1, 2 और 3
(d) 1, 2 और 3
RAUSIAS-TS20E1034 7
20. Consider the following statements: 23. Consider the following statements:
1. Asset Quality Review (AQR), initiated 1. Capital goods are goods that are
for clean and fully provisioned bank meant for ultimate consumption, but
balance-sheets, revealed high they are durable.
incidence of Non-Performing Assets 2. Consumer durables are of durable
(NPAs). character, which is used in the
2. Project Sashakt has been initiated to production process.
resolve bad loans. 3. Intermediate goods are mostly used as
Which of the statements given above raw material or inputs for production
is/are correct? of other commodities.
(a) 1 only Which of the statements given above
(b) 2 only is/are correct?
(c) Both 1 and 2 (a) 3 only
(d) Neither 1 nor 2 (b) 1 and 2 only
(c) 2 and 3 only
21. Consider the following statements about (d) 1, 2 and 3
the Dibang Multipurpose Project:
1. This will be largest ever hydro-electric 24. Consider the following statements about
project in India. depreciation:
2. Once completed, it will be the second 1. Depreciation is an annual allowance
highest dam in India. for wear and tear of capital goods.
3. It is a run of the river based project. 2. Gross investment equals to net
Which of the statements given above investment minus depreciation.
is/are correct? Which of the statements given above
(a) 1 only is/are correct?
(b) 2 and 3 only (a) 1 only
(c) 3 only (b) 2 only
(d) 1, 2 and 3 (c) Both 1 and 2
(d) Neither 1 nor 2
the Pradhan Mantri Gram Sadak Yojana 25. Consider the following statements about
Phase III: GDP Deflator:
1. This would facilitate easy and faster 1. GDP Deflator is a better measure of
movement to and from the Gramin inflation in an economy than the CPI
Agricultural Markets (GrAMs), Higher (Consumer Price Index) and the WPI
Secondary schools and hospitals. (Wholesale Price Index).
2. The funding pattern for the scheme is 2. GDP Deflator includes the prices of
60:40 between the Centre and the imported goods as well.
state, for all states. 3. Weights of goods differ according to
3. Construction of bridges is not allowed the production level of each goods in
under the scheme. the GDP Deflator.
Which of the statements given above are Which of the statements given above are
incorrect? correct?
(a) 1 and 2 only (a) 1 and 2 only
(b) 2 and 3 only (b) 1 and 3 only
(c) 1 and 3 only (c) 2 and 3 only
(d) 1, 2 and 3 (d) 1, 2 and 3
RAUSIAS-TS20E1034 8
26. बौखद्धक सांपदा अमिकारोां के व्यापार-सांबांिी पहलु ओां पर 29. बासेल-II एक अांतरराष्ट्रीय बैं मकांग मिमनयामक समझौता
समझौता (मिर प्स समझौता) के सांदभा में मनम्नमलखित है जो मनम्नमलखित में से मकस/मकन स्तां भोां पर आिाररत
कथनोां पर मिचार कीमजए: है ?
1. इसने सुरक्षा के न्यूनतम मानक स्थामपत मकए हैं , 1. न्यूनतम पूांजी आिश्यकताएां
मजन्हें प्रत्येक सरकार द्वारा मिश्व व्यापार सांगठन के 2. मनयामक पया िेक्षण
अपने साथी सदस्ोां की बौखद्धक सांपदा को प्रदान
3. बाजार अनुशासन
मकया जाना है ।
2. यह मिश्व व्यापार सांगठन (डब्ल्यूिीओ) के सभी
सदस्ोां के मलए बाध्यकारी है । (a) केिल 1
उपयुाि कथनोां में से कौन-सा/से सही है /हैं ? (b) केिल 3
(a) केिल 1 (c) केिल 1 और 2

(b) केिल 2 (d) 1, 2 और 3
(d) न तो 1, न ही 2 30. भारतीय राष्ट्रीय भुगतान मनगम (एनपीसीआई) के सांदभा
में मनम्नमलखित कथनोां में से कौनसा/से गलत है/हैं ?
27. सागरमाला पररयोजना के सांदभा में मनम्नमलखित कथनोां 1. एनपीसीआई भारतीय ररज़िा बैंक (आरबीआई) और
पर मिचार कीमजए: भारतीय बैं क सांघ (आईबीए) की एक पहल है ।
1. मत्स्य पालन, समुद्री पया िन जै सी समुद्री क्षेि से 2. इसे कांपनी अमिमनयम 2013 के अांतगा त एक
सांबांमित गमतमिमियोां और इनके अनुरूप कौशल "लाभदायक" कांपनी के रूप में शाममल मकया गया
मिकास के माध्यम से तिीय समुदायोां का मिकास है ।
सागरमाला कायाक्रम का एक अमनिाया उद्दे श्य है । 3. एनपीसीआई ने राष्ट्रीय इलेक्टरॉमनक िोल सांग्रह
2. सागरमाला काया क्रम के अांतगा त, बां दरगाहोां और (एनईिीसी) काया क्रम मिकमसत मकया है ।
घरे लू उत्पादन/उपभोग केंद्रोां के बीच सांिमिा त नीचे मदए गए कूि का प्रयोग कर सही उत्तर चु मनए:
अमभयोज्यता प्रदान करने का प्रयास मकया जाता है ।
(a) केिल 2
(a) केिल 1
(c) केिल 3
(b) केिल 2
(d) केिल 1 और 2
(d) न तो 1, न ही 2
31. ‘परे िो की दक्षता’ के सांदभा में मनम्नमलखित कथनोां में से
28. हे ड ऑन जे नरे शन मसस्टम के सांदभा में मनम्नमलखित
1. परे िो की दक्षता तब होती है , जब सांसािनोां का
कथनोां पर मिचार कीमजए:
ईष्ट्तम उपयोग मकया जाता है ।
1. इसका उपयोग भारतीय रे लिे में मकया जा रहा है ।
2. इसका सांसािनोां के समान या उमचत उपयोग की
2. इससे ध्वमन प्रदू षण में िृ खद्ध होगी।
अििारणा के साथ सांबांि है ।
3. इससे काबा न उत्सजा न की बचत होगी।
(a) केिल 1
(a) केिल 1 और 3
(b) केिल 2
(c) केिल 1 और 2 (c) 1 और 2 दोनोां
(d) 1, 2 और 3 (d) न तो 1, न ही 2
RAUSIAS-TS20E1034 9
26. Consider the following statements about Which of the statements given above are
the Agreement on Trade-Related Aspects correct?
of Intellectual Property Rights (TRIPS (a) 1 and 3 only
Agreement): (b) 2 and 3 only
1. It established minimum standards of (c) 1 and 2 only
(d) 1, 2 and 3
protection that each government has
to give to the Intellectual Property of
29. Basel II is an international banking
fellow WTO (World Trade
regulatory accord that is based on which
Organization) members. of the following pillars?
2. It is binding on all members of the 1. Minimal capital requirements
WTO. 2. Regulatory supervision
Which of the statements given above 3. Market discipline
is/are correct? Select the correct answer using the code
given below:
(a) 1 only
(a) 1 only
(b) 2 only
(b) 3 only
(c) Both 1 and 2 (c) 1 and 2 only
(d) Neither 1 nor 2 (d) 1, 2 and 3
27. Consider the following statements about 30. Which of the following statements is/are
incorrect about the National Payments
the Sagarmala Project:
Corporation of India (NPCI)?
1. Development of coastal communities 1. The NPCI is an initiative of the
through marine sector related Reserve Bank of India (RBI) and the
activities, like fisheries, maritime Indian Banks’ Association (IBA).
tourism and corresponding skill 2. It has been incorporated as a
development, is an essential objective “Profitable” company under the
of the Sagarmala Project. Companies Act, 2013.
3. The NPCI has developed the National
2. Under the Sagarmala Project,
Electronic Toll Collection (NETC)
endeavour is to provide enhanced
programme.
connectivity between the ports and Select the correct answer using the code
the domestic production/consumption given below:
centres. (a) 2 only
Which of the statements given above (b) 2 and 3 only
is/are correct? (c) 3 only
(a) 1 only (d) 1 and 2 only
(b) 2 only
(c) Both 1 and 2 correct about Pareto's efficiency?
(d) Neither 1 nor 2 1. Pareto's efficiency takes place when
the resources are most optimally
28. Consider the following statements about used.
the Head on Generation system: 2. It has a relationship with the concept
of equal or fair utilization of resources.
1. It is being used in the Indian Select the correct answer using the code
Railways. given below:
2. It will lead to increase in noise (a) 1 only
pollution. (b) 2 only
3. It will lead to the savings of carbon (c) Both 1 and 2
emissions. (d) Neither 1 nor 2
RAUSIAS-TS20E1034 10
32. मनम्नमलखित कथनोां में से कौनसा/से सही है /हैं ? बें चमामकूंग को शु रू करने के पीछे के तका को सिोत्तम
1. मुद्रा की आपूमता या ऋण उपलब्धता में िृ खद्ध प्रदमशा त करता है ?
अपस्फीमत का कारण है । (a) यह सुमनमित करता है मक एनपीए की िृ खद्ध को
2. अपस्फीमत, मिस्फीमत के समान है । महत्वपूणा रूप से मनयां मित मकया जा सकता है ।
नीचे मदए गए कूि का प्रयोग कर सही उत्तर चु मनए: (b) यह बे हतर मौमद्रक नीमत सांचरण सुमनमित करता है ।
(a) केिल 1 (c) यह ऋण की लागत को काफी कम मकया जाना
(b) केिल 2 सुमनमित करता है ।
(c) 1 और 2 दोनोां (d) यह एक समायोमजत मौमद्रक नीमत रुि को इां मगत

करता है ।
(d) न तो 1, न ही 2
36. राष्ट्रीय पेंशन योजना (एनपीएस) के सांदभा में मनम्नमलखित

33. मनम्नमलखित कथनोां में से कौनसा/से सही है /हैं ?
1. नरम मुद्रा (सॉफ्ट करें सी) एक ऐसी मुद्रा है , जो
1. एनपीएस एक शु द्ध सेिामनिृमत्त योजना है , मजसमें
अत्यमिक सांिेदनशील होती है और इसमें अक्सर
मनिे श का कोई मिकल्प नहीां है ।
उतार-चढाि होता है ।
2. सेिामनिृमत्त योजना के रूप में एनपीएस को पेंशन
2. इस प्रकार की मुद्राएाँ अपेक्षाकृत अखस्थर सरकारोां
फांड मनयामक एिां मिकास प्रामिकरण के द्वारा
िाले मिकासशील दे शोां में मौजूद होती हैं ।
प्रशामसत मकया जाता है ।
3. मज़म्बािे डॉलर नरम मुद्रा का एक उदाहरण है ।
(a) केिल 1
(a) केिल 1
(b) केिल 2
(b) केिल 2
(d) न तो 1, न ही 2
(d) 1, 2 और 3
37. हाल ही में, आमथाक मांदी से मनपिने के मलए कई

34. मौमद्रक नीमत फ्रेमिका के सांदभा में मनम्नमलखित कथनोां
'सांरचनात्मक सुिार' प्रस्तामित मकए गए हैं । इस सांदभा
पर मिचार कीमजए:
में, मनम्नमलखित में से मकसे 'सांरचनात्मक सुिारोां' के
1. मौमद्रक नीमत फ्रेमिका के अनुसार मौमद्रक नीमत
उदाहरण के रूप में श्रेणीबद्ध मकया जा सकता है?
समममत (एमपीसी), एमपीसी के कायाकाल के
1. मौमद्रक नीमत ढााँ चे के अांतगात मुद्रास्फीमत का लक्ष्य
माध्यम से 5 साल की अिमि के मलए एक
2. कुल मााँ ग को कम करने के मलए रे पो दरोां को कम
मुद्रास्फीमत लक्ष्य मनिाा ररत करती है ।
करना
2. मुद्रास्फीमत लक्ष्य को उपभोिा मूल्य सूचकाां क के
3. पूांजी िृ खद्ध को प्रेररत करने के मलए बैं कोां में पूांजी
आिार पर मनिाा ररत मकया जाता है ।
डालना
4. मदिाला और शोिन अक्षमता सांमहता में सांशोिन
(a) केिल 1
5. केंद्रीय सािा जमनक क्षेि के उपक्रमोां का रणनीमतक
(b) केिल 2
मिमनिेश
(d) न तो 1, न ही 2
(a) केिल 1, 2 और 3
(b) केिल 1, 3 और 4
35. हाल ही में आरबीआई ने बैं कोां के मलए थोक ऋण दरोां
(c) केिल 1, 4 और 5
को रे पो रे ि जै सी बाहरी बें चमाका से जोड़ना अमनिाया
(d) केिल 3, 4 और 5
कर मदया है । मनम्नमलखित में से कौनसा बाहरी



ADMIN1: ADMIN2:
32. Which of the following statements is/are rationale behind introducing external
correct? benchmarking?
1. An increase in money supply or credit (a) It ensures that the growth of the Non-
availability is the reason for deflation. Performing Assets (NPAs) can be
2. Deflation is the same as disinflation. controlled significantly.
Select the correct answer using the code (b) It ensures better monetary policy
given below: transmission.
(a) 1 only (c) It ensures that the cost of borrowing
(b) 2 only is lowered significantly.
(c) Both 1 and 2 (d) It indicates an accommodative
monetary policy stance.
(d) Neither 1 nor 2
36. Consider the following statements with

respect to the National Pension Scheme
correct?
(NPS):
1. Soft currency is a currency which is
1. NPS is a pure retirement plan with no
hyper sensitive and fluctuates
option for investment.
frequently.
2. NPS, being a retirement plan, is
2. Such currencies mostly exist in
administered by the Pension Fund
developing countries with relatively
Regulatory and Development
unstable governments.
Authority.
3. Zimbabwean dollar is an example of
soft currency.
is/are correct?
(a) 1 only
given below:
(b) 2 only
(a) 1 only
(c) Both 1 and 2
(b) 2 only
(d) Neither 1 nor 2
(c) 1 and 3 only
(d) 1, 2 and 3
37. Recently, a number of ‘structural reforms’
have been proposed in order to tackle the
34. Consider the following statements with economic slowdown. In this context,
respect to Monetary Policy Framework: which of the following may be categorized
1. According to Monetary Policy as the examples of the ‘structural
Framework, the Monetary Policy reforms’?
Committee (MPC) sets an inflation 1. Inflation targeting under the Monetary
target for a 5-year period through the Policy Framework.
tenure of MPC.
2. Reducing repo rates, in order to spur
2. Inflation target is set on the basis of aggregate demand.
Consumer Price Index.
3. Infusing capital in the banks to spur
Which of the statements given above credit growth.
is/are correct?
4. Amendments to the Insolvency and
(a) 1 only
Bankruptcy Code.
(b) 2 only 5. Strategic disinvestment of the Central
(c) Both 1 and 2 Public Sector Enterprises.
(d) Neither 1 nor 2 Select the correct answer using the code
given below:
35. Recently, the Reserve Bank of India (RBI) (a) 1, 2 and 3 only
has made it mandatory for the banks to (b) 1, 3 and 4 only
link retail lending rates to an external (c) 1, 4 and 5 only
benchmark, such as the repo rate. Which
(d) 3, 4 and 5 only
of the following best represents the
38. भारतीय सांदभा में 'हे डलाइन मुद्रास्फीमत' के सांदभा में 41. व्यापाररयोां और स्व-मनयोमजत व्यखियोां के मलए राष्ट्रीय
मनम्नमलखित कथनोां पर मिचार कीमजए: पेंशन योजना के सांदभा में मनम्नमलखित कथनोां में से
1. हे डलाइन मुद्रास्फीमत, सांरचनात्मक मुद्रास्फीमत का कौनसा/से सही है/हैं ?
प्रमतमनमित्व करती है और इस प्रकार यह भोजन 1. यह एक स्वैखच्छक और अांशदायी पेंशन योजना है ,
और ऊजाा में उतार-चढाि जैसे मौसमी कारकोां के जो 60 िषा की आयु प्राि करने के बाद न्यूनतम
प्रभािोां को शाममल नहीां करती है । 3000 रु./प्रमत माह की पेंशन प्रदान करती है ।
2. मौमद्रक नीमत फ्रेमिका के अांतगात लमक्षत मुद्रास्फीमत 2. यह केिल असांगमठत क्षेि के केिल सदस्ोां के
'हे डलाइन मुद्रास्फीमत' है । सांरक्षण के मलए है ।
उपयुाि कथनोां में से कौन-सा/से सही है /हैं ? 3. इस योजना की प्रिेश आयु 18 से 60 िषा के मध्य
(a) केिल 1 है ।
(b) केिल 2 नीचे मदए गए कूि का प्रयोग कर सही उत्तर चु मनए:
(d) न तो 1, न ही 2 (b) केिल 1 और 3
39. भारत में कोयला ब्लॉक आिां िन के सांदभा में मनम्नमलखित (d) 1, 2 और 3
कथनोां पर मिचार कमजए:
1. कोयला ब्लॉक आिांिन मनयम, 2017 को िान एिां 42. हाल ही में मनम्नमलखित में से मकन कारणोां से आरबीआई
िमनज अमिमनयम, 1957 के अांतगात बनाया गया ने मबमल जलाल समममत का गठन मकया है?
था। (a) भारतीय ररजिा बैं क (आरबीआई) के मलए आमथाक
2. दे ओचापचमी दे िगांज - हररनमसांघा कोयला िदान पूांजी फ्रेमिका (ECF) की समीक्षा करना।
मिश्व की दू सरी सबसे बड़ी कोयला िदान है । (b) स्पेक्टरम उपयोग शु ल्क (एसयूसी) समहत ले िी की
उपयुाि कथनोां में से कौन-सा/से सही है /हैं ? समीक्षा करना और व्यापार में सुगमता को बढािा
(a) केिल 1 दे ना।
(b) केिल 2 (c) ‘मेक इन इां मडया’ को सुदृढ करने के मलए रक्षा
(c) 1 और 2 दोनोां िरीद प्रमक्रया की समीक्षा करना।
(d) न तो 1, न ही 2 (d) जम्मू-कश्मीर के दो केंद्र शामसत प्रदे शोां में मिभाजन

के कायाा ियन की दे िरे ि करना।
40. NIRVIK योजना के सांदभा में मनम्नमलखित कथनोां पर

मिचार कीमजए: 43. कामबल (KABIL) योजना के सांदभा में मनम्नमलखित कथनोां
1. यह एक नई मनयाात ऋण बीमा योजना
(ईसीआईएस) है , मजसका उद्दे श्य मनयाातकोां के मलए 1. यह भारतीय घरे लू बाजार के मलए महत्वपूणा और
ऋण उपलब्धता को बढाना और ऋण दे ने की रणनीमतक िमनजोां की मनरां तर आपूमता सुमनमित
प्रमक्रया को सरल बनाना है । करने के मलए स्थामपत एक सांयुि उद्यम कांपनी है।
2. यह िामणज्य और उद्योग मांिालय के द्वारा शु रू की 2. रणनीमतक िमनज िे हैं , मजनके अल्प सांसािन
गई है । आिार होते है ।

(d) न तो 1, न ही 2 (d) न तो 1, न ही 2
38. Consider the following statements with 41. Which of the following statements is/are
respect to ‘headline inflation’ in the correct with regard to the National
Indian context: Pension Scheme for traders and self-
1. Headline inflation represents employed persons?
structural inflation and thus, excludes 1. It is a voluntary and contributory
the effects of seasonal factors, like pension scheme that assures a
fluctuations in food and energy. minimum pension of Rs. 3,000/- per
2. Inflation, that is targeted under the month after attaining the age of 60
Monetary Policy Framework, is years.
‘headline inflation’. 2. It is meant for protection of only the
members of the unorganized sector.
is/are correct? 3. Entry age of scheme is between 18
and 60 years.
(a) 1 only
(b) 2 only
given below:
(c) Both 1 and 2
(a) 2 only
(d) Neither 1 nor 2
(b) 1 and 3 only
(c) 1 and 2 only
(d) 1, 2 and 3
coal block allocation in India:
1. The Coal Blocks Allocation Rules,
42. The Reserve Bank of India (RBI) recently
2017 were made under the Mines and
constituted Bimal Jalan Committee for
Minerals (Development and
which of the following reasons?
Regulation) Act, 1957.
(a) To review the Economic Capital
2. Deocha – Pachami - Dewanganj –
Framework (ECF) for the RBI.
Harinsingha coal mine is the 2nd
(b) To review levies, including the
largest coal mine in the world.
Spectrum Usage Charge (SUC) and
Which of the statements given above promote ease of doing business.
is/are correct?
(c) To review the Defence Procurement
(a) 1 only Procedure to strengthen ‘Make in
(b) 2 only India’.
(c) Both 1 and 2 (d) To oversee the implementation of
(d) Neither 1 nor 2 bifurcation of Jammu and Kashmir
into two Union Territories.
the NIRVIK scheme: 43. Consider the following statements about
1. It is a new Export Credit Insurance the KABIL Scheme:
Scheme (ECIS) aimed to enhance loan 1. It is a joint venture company; set up
availability and ease the lending to ensure a consistent supply of
process for the exporters. critical and strategic minerals to the
Indian domestic market.
2. It has been launched by the Ministry
of Commerce and Industry. 2. Strategic minerals are those that have
a meagre resource base.
is/are correct? Which of the statements given above
is/are correct?
(a) 1 only
(a) 1 only
(b) 2 only
(b) 2 only
(c) Both 1 and 2
(c) Both 1 and 2
(d) Neither 1 nor 2
(d) Neither 1 nor 2
44. उपभोिा सांरक्षण मििे यक, 2019 के सांदभा में 1. एक आईएफएससी सीमा पार मित्त, मित्तीय उत्पादोां
मनम्नमलखित कथनोां में से कौनसा/से सही है /हैं ? और सेिाओां के प्रिाह के साथ सांिव्याहर करता है ।
1. यह उपभोिा की एक सिीक पररभाषा प्रदान 2. आईएफएससी में एकीकृत मित्तीय मनयामक
करता है । शखियाां होांगी।
2. यह भ्रामक मिज्ञापन के मलए 10 लाि का दां ड उपयुाि कथनोां में से कौन-सा/से सही है /हैं ?
प्राििान करता है । (a) केिल 1
3. यह उपभोिा मििाद मनिारण आयोग की स्थापना (b) केिल 2
का प्राििान करता है ।
(d) न तो 1, न ही 2
(a) केिल 2
48. 15िें मित्त आयोग के सांदभा में मनम्नमलखित कथनोां में से
(d) 1, 2 और 3
1. इसे भारतीय सांमििान के अनुच्छेद-280 के अांतगात
गमठत मकया गया था।
45. आमथाक जनगणना के सांदभा में मनम्नमलखित कथनोां पर
2. यह आयोग 1 अप्रैल, 2020 से शु रू होने िाली पाां च
िषों की अिमि को शाममल करते हुए अपनी ररपोिा
1. इसे नीमत आयोग के द्वारा िामषाक आिार पर प्रस्तु त करे गा।
सांचामलत मकया जाता है ।
3. इसकी 'सांदभा की शतों' में राज्य में पांचायतोां और
2. आमथाक जनगणना भारत में उन सभी उद्यमशील
नगर पामलकाओां के सांसािनोां के अनुपूरण के मलए
और िामणखज्यक इकाइयोां की गणना करती है , जो
एक राज्य की सांमचत मनमि को बढाने के मलए
मकसी भी आमथाक गमतमिमि में सांलग्न हैं ।
आिश्यक उपाय शाममल हैं ।
(a) केिल 1
(a) केिल 3
(b) केिल 2
(d) न तो 1, न ही 2
(d) 1, 2 और 3
46. मिशे ष आमथाक क्षेि (सेज़) के सांदभा में मनम्नमलखित

49. "प्रिानमांिी आिास योजना की क्रेमडि मलां क्ड सखिडी"
के सांदभा में मनम्नमलखित कथनोां पर मिचार कीमजए:
1. सेज़ की स्थापना की अमिसूचना मित्त मांिालय द्वारा
1. इस योजना के सभी लाभाथी क्रेमडि मलां क्ड सखिडी
जारी की गई है ।
के मलए पाि होांगे।
2. स्वीकृत की गई सबरूम सेज़ पमिम बां गाल राज्य में
2. इस योजना के अांतगात पात्र होने के मलए घर के
खस्थत है ।
फशा क्षेिफल (फ्लोर एररया) पर कोई ऊपरी सीमा
नहीां है ।
(a) केिल 1
(b) केिल 2
(a) केिल 1
(b) केिल 2
(d) न तो 1, न ही 2
(d) न तो 1, न ही 2
47. "अांतराा ष्ट्रीय मित्तीय सेिा केंद्रोां (आईएफएससी)" के
सांदभा में मनम्नमलखित कथनोां पर मिचार कीमजए:
44. Which of the following statements is/are 1. An IFSC deal with the flows of finance,
correct about the Consumer Protection financial products and services across
Bill, 2019? borders.
1. It provides for a precise definition of 2. IFSCs will have unified financial
consumer. regulatory powers.
2. It provides penalty for misleading Which of the statements given above
advertisement of up to Rs. 10 lakh. is/are correct?
3. It provides for the establishment of (a) 1 only
the Consumer Disputes Redressal (b) 2 only
Commission. (c) Both 1 and 2
Select the correct answer using the code (d) Neither 1 nor 2
given below:
(a) 2 only
(b) 1 and 3 only correct regarding the 15th Finance
(c) 1 and 2 only Commission?
(d) 1, 2 and 3 1. It was constituted under Article 280 of
the Indian Constitution.
45. Consider the following statements about 2. The Commission will submit its report
the Economic Census: covering a period of five years,
1. It is conducted by the NITI Aayog on commencing from 1st April, 2020.
an yearly basis. 3. The ‘Terms of Reference’ include the
2. Economic Census counts all measures needed to augment the
entrepreneurial and commercial units Consolidated Fund of a State to
in India that are involved in any supplement the resources of the
economic activities. Panchayats and municipalities in the
Which of the statements given above state.
is/are correct? Select the correct answer using the code
(a) 1 only given below:
(b) 2 only (a) 3 only
(c) Both 1 and 2 (b) 1 and 3 only
(d) Neither 1 nor 2 (c) 1 and 2 only
(d) 1, 2 and 3
46. Consider the following statements
regarding the Special Economic Zones 49. Consider the following statements
(SEZs): regarding the “Credit Linked Subsidy
1. The notification for setting up a SEZ is Scheme under the Pradhan Mantri Awas
issued by the Finance Ministry. Yojana”:
2. The approved Sabroom SEZ is 1. All the beneficiaries of the scheme will
situated in the state of West Bengal. be eligible for credit linked subsidy.
Which of the statements given above 2. There is no upper limit on carpet area
is/are correct? of the house to be eligible under the
scheme.
(a) 1 only
(b) 2 only
is/are correct?
(c) Both 1 and 2
(a) 1 only
(d) Neither 1 nor 2
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
regarding the “International Financial
Services Centres (IFSCs)”:
50. पूिी आमथाक मांच के सांदभा में मनम्नमलखित कथनोां पर 53. एक भौगोमलक सांकेतक (जीआई) के रूप में काया करने
मिचार कीमजए: के मलए मनम्नमलखित में से कौन-सा/से आिश्यक है :
1. भारतीय प्रिानमांिी ने इसके मुख्य अमतमथ के रूप 1. मकसी मदए गए स्थान पर उत्पन्न होने िाले उत्पाद
में पहले पूिी आमथाक मांच में भाग मलया है । की पहचान एक मचन्ह के माध्यम से होनी चामहए।
2. भारत ने अपने सुदूर पूिा के मिकास के मलए 'लाइन 2. इसके अलािा, उत्पाद के गु ण, मिशे षताएां या प्रमतष्ठा
ऑफ क्रेमडि' का पहला मिस्तार मकया है । अमनिाया रूप से उसकी उत्पमत्त के स्थान के कारण
उपयुाि कथनोां में से कौन-सा/से सही है /हैं ? होने चामहए।
(a) केिल 1 उपयुाि कथनोां में से कौन-सा/से सही है /हैं ?
(b) केिल 2 (a) केिल 1

(c) 1 और 2 दोनोां (b) केिल 2
(d) न तो 1, न ही 2 (c) 1 और 2 दोनोां
(d) न तो 1, न ही 2
51. आमथाक एिां मित्तीय भागीदारी (ईएफपी) के सांदभा में
मनम्नमलखित कथनोां पर मिचार कीमजए: 54. नामभकीय आपूमता कताा समूह (एनएसजी) के सांदभा में
1. यह भारत और ऑस्टर े मलया के बीच एक साझेदारी मनम्नमलखित कथनोां पर मिचार कीमजए:
है । 1. एनएसजी की स्थापना 1974 में भारतीय परमाणु
2. इसका उद्दे श्य मनी लॉखन्डरांग और आतां किाद के परीक्षण 'स्माइमलां ग बु द्धा' के प्रमतउत्तर में की गई
मित्तपोषण से मनपिने में सहयोग को बढािा दे ना है। थी।
उपयुाि कथनोां में से कौन-सा/से सही है /हैं ? 2. भारत और पामकस्तान दोनोां अभी तक इसके
(a) केिल 1 सदस् नहीां बने हैं ।
(b) केिल 2 उपयुाि कथनोां में से कौन-सा/से सही है /हैं ?
(d) न तो 1, न ही 2 (b) केिल 2

52. रुपे काडा के सांदभा में मनम्नमलखित कथनोां पर मिचार (d) न तो 1, न ही 2

कीमजए:
1. यह एिीएम, पीओएस मडिाइस और ई-कॉमसा 55. हाल ही में समाचारोां में चमचात "मलब्रा" के सांदभा में
िे बसाइिोां पर व्यापक स्वीकृमत िाला भारत का मनम्नमलखित कथनोां पर कीमजए:
पहला घरे लू डे मबि और क्रेमडि काडा भुगतान 1. यह फेसबुक के द्वारा जारी की जाने िाली एक
नेििका है । मक्रप्टोकरें सी होगी।
2. इसे यू एई, बहरीन, मसांगापुर के साथ-साथ भूिान में 2. इसका उपयोग उत्तरी अमेररका में शुरू हो चु का
अांतरराष्ट्रीय स्तर पर शु रू मकया गया है । है ।
(d) न तो 1, न ही 2 (d) न तो 1, न ही 2
50. Consider the following statements about 53. In order to function as a geographical
the Eastern Economic Forum: indication (GI), which of the following
1. The Indian Prime Minister attended is/are required?
the first ever Eastern Economic 1. A sign must identify a product as
Forum as its chief guest. originating in a given place.
2. India made first ever extension of 'Line
2. In addition, the qualities,
of Credit' for development of its Far
characteristics or reputation of the
East.
product should be essentially due to
the place of origin.
is/are correct?
(a) 1 only Select the correct answer using the code
given below:
(b) 2 only
(d) Neither 1 nor 2 (b) 2 only
(c) Both 1 and 2
51. Consider the following statements about (d) Neither 1 nor 2
the Economic and Financial Partnership
(EFP):
1. It is a partnership between India and the Nuclear Suppliers Group (NSG):
Australia.
1. The NSG was founded in response to
2. It aims to boost co-operation in
the Indian nuclear test ‘Smiling
tackling money laundering and
Buddha’ in 1974.
combating terrorism financing.
Which of the statements given above 2. India and Pakistan, both are not a
is/are correct? member yet.
(a) 1 only Which of the statements given above
(b) 2 only is/are correct?
(d) Neither 1 nor 2 (b) 2 only
(c) Both 1 and 2
52. Consider the following statements about (d) Neither 1 nor 2
the RuPay card:
1. It is the first-of-its-kind India’s
domestic debit and credit card
regarding “Libra”, recently in the news:
payment network, with wide
acceptance at ATMs, POS (Point of 1. It will be a cryptocurrency issued by
Sale) devices and e-commerce Facebook.
websites. 2. Its use has already started in North
2. It has been launched internationally America.
in the UAE, Bahrain, Singapore, as Which of the statements given above
well as in Bhutan. is/are correct?
(a) 1 only
is/are correct?
(b) 2 only
(a) 1 only
(c) Both 1 and 2
(b) 2 only
(c) Both 1 and 2 (d) Neither 1 nor 2
(d) Neither 1 nor 2
56. एक व्यखि को भगोड़ा आमथाक अपरािी (एफईओ) 59. "सारस (SARAS) आजीमिका मेला" के सांदभा में
घोमषत करने हे तु मनम्न में से मकस/मकन शता/शतों को मनम्नमलखित कथनोां पर मिचार कीमजए:
पूरा करना आिश्यक है? 1. सारस (SARAS) आजीमिका मेला, दीनदयाल
1. उसके मिरुद्ध मकसी ऐसे अपराि के मलए मगरफ्तारी उपाध्याय अांत्योदय
योजना-राष्ट्रीय शहरी
िारां ि जारी मकया गया हो, मजसमें मनमदा ष्ट् 10000 आजीमिका ममशन (DAY-NULM) के द्वारा की गई
करोड़ रुपये से अमिक का मूल्य की रामश शाममल
एक पहल है ।
है ।
2. इस पहल का उद्दे श्य शहरी ममहला एसएचजी-स्व
2. िह व्यखि दे श छोड़कर चला गया है और
सहायता समूहोां को एक मांच पर लाना है ।
अमभयोजन का सामना करने से इनकार कर रहा
है । उपयुाि कथनोां में से कौन-सा/से सही है /हैं ?
नीचे मदए गए कूि का प्रयोग कर सही उत्तर चु मनए: (a) केिल 1

(a) केिल 1 (b) केिल 2
(b) केिल 2 (c) 1 और 2 दोनोां
(c) 1 और 2 दोनोां (d) न तो 1, न ही 2
(d) न तो 1, न ही 2
60. GFTAM के सांदभा में मनम्नमलखित कथनोां पर मिचार
57. आिार के मलए िचुा अल आईडी (िीआईडी) के सांदभा में कीमजए:
मनम्नमलखित कथनोां में से कौनसा/से सही है /हैं ? 1. इसे एड् स, िीबी और मले ररया को प्रमतउत्तर दे ने के
1. िीआईडी आिार सांख्या के साथ अनुरूमपत की गई मलए मिश्व से िन जु िाने, प्रबांिन करने और मनिे श
एक अस्थायी, प्रमतिती 16-अांकीय यादृखच्छक सांख्या करने के मलए बनाया गया था।
है ।
2. GFTAM मित्तपोषण एजें सी के बजाय
2. जब भी प्रमाणीकरण या ई-केिाईसी सेिाएां
मक्रयाियनकारी एजें सी है ।
सांचामलत की जाती हैं , तो िीआईडी का उपयोग
आिार सांख्या के स्थान पर मकया जा सकता है ।
3. िता मान में िीआईडी के मलए कोई समाखि अिमि (a) केिल 1
मनिाा ररत नहीां की गई है । (b) केिल 2
नीचे मदए गए कूि का प्रयोग कर सही उत्तर चु मनए: (c) 1 और 2 दोनोां
(a) केिल 1 (d) न तो 1, न ही 2
(c) केिल 1 और 3 61. ई-मनिाारण योजना के सांदभा में मनम्नमलखित कथनोां में से
(d) 1, 2 और 3 कौनसा/से सही है/हैं ?
1. इस योजना का उद्दे श्य मनिाारण अमिकारी और
58. एडिाां स प्राइमसांग एग्रीमेंि (एपीए) के सांदभा में करदाता के बीच भौमतक सांपका को हिाना है ।
मनम्नमलखित कथनोां पर मिचार कीमजए: 2. राष्ट्रीय ई-मनिाा रण केन्द्र मुांबई में है ।
1. एपीए करदाताओां को मनमितता दे सकते हैं , मििाद
3. प्रणाली जोखिम प्रबां िन के मलए मडमजिल तकनीक
कम कर सकते हैं और कर राजस्व बढा सकते हैं ।
का उपयोग करती है ।
2. ये समझौतें करदाता और सरकार दोनोां पर
बाध्यकारी होांगे।
(a) केिल 1 (b) केिल 1 और 2
(b) केिल 2 (c) केिल 3

(c) 1 और 2 दोनोां (d) 1, 2 और 3
(d) न तो 1, न ही 2
56. Which of the following conditions 59. Consider the following statements about
needs/need to be fulfilled to call a person the “SARAS Aajeevika Mela”:
“fugitive economic offender” (FEO)? 1. SARAS Aajeevika Mela is an initiative
1. An arrest warrant has been issued by the Deendayal Antyodaya Yojana-
against him for any specified offences, National Urban Livelihoods Mission
where the value involved is over Rs
(DAY-NULM).
10,000 crore.
2. The objective of the initiative is to
2. The person has left the country and
refuses to return to face prosecution. bring the urban women SHGs (Self
Help Groups) under one platform.
given below: Which of the statements given above
(a) 1 only is/are correct?
(b) 2 only (a) 1 only
(c) Both 1 and 2 (b) 2 only
(d) Neither 1 nor 2 (c) Both 1 and 2
(d) Neither 1 nor 2
correct about the Virtual ID (VID) for
Aadhaar?
the GFTAM:
1. VID is a temporary, revocable 16-
digit random number mapped with 1. It was created to raise, manage and
the Aadhaar number. invest the world’s money to respond to
2. VID can be used in lieu of the AIDS, TB and malaria.
Aadhaar number, whenever 2. GFTAM is an implementing agency,
authentication or e-KYC services are rather than a financing agency.
performed. Which of the statements given above
3. Currently there is no expiry period is/are correct?
defined for VID.
(a) 1 only
(b) 2 only
given below:
(c) Both 1 and 2
(a) 1 only
(b) 1 and 2 only (d) Neither 1 nor 2
(c) 1 and 3 only
(d) 1, 2 and 3 61. Which of the following statements is/are
correct about the e-Assessment scheme?
58. Consider the following statements about 1. The scheme aims at removing physical
the Advance Pricing Agreements (APAs): interface between the assessing officer
1. APAs can give certainty to taxpayers, and the tax payer.
reduce disputes, and enhance tax 2. The National e-Assessment Centre is
revenues. in Mumbai.
2. These agreements would be binding 3. The system generated uses digital
both on the taxpayer, as well as the
technology for risk management.
government.
is/are correct? given below:
(a) 1 only (a) 1 and 3 only
(b) 2 only (b) 1 and 2 only
(c) Both 1 and 2 (c) 3 only
62. मनम्नमलखित कथनोां पर मिचार कीमजए: 'राजकोषीय समेकन' स्थामपत करने के मलए जाने जाते
1. मिश्व स्वणा पररषद की ररपोिा के अनुसार, सभी दे शोां है /हैं?
में, भारत के पास मिश्व में दू सरा सबसे बड़ा स्वणा 1. सरकार द्वारा सामामजक क्षेि के व्यय में किौती
भांडार है । करना।
2. भारत मिश्व का सबसे बड़ा स्वणा उपभोिा है । 2. ररयल एस्टे ि क्षेि को बढािा दे ने के मलए िै कखल्पक
उपयुाि कथनोां में से कौन-सा/से सही है /हैं ? मनिे श कोष की स्थापना।
(a) केिल 1 नीचे मदए गए कूि का प्रयोग कर सही उत्तर चु मनए:
(b) केिल 2 (a) केिल 1
(c) 1 और 2 दोनोां (b) केिल 2
(d) न तो 1, न ही 2 (c) 1 और 2 दोनोां
(d) न तो 1, न ही 2
63. मनम्नमलखित में से कौनसा/से कारक के कारण डॉलर के
सापेक्ष रुपये का मूल्यह्रास होगा?
66. कहा जाता है मक आरबीआई मौमद्रक नीमत के एक
1. उच्च अध्ययन के मलए मिदे श जाने िाले भारतीय
उपकरण के रूप में िुले बाजार की मक्रयाओां (ओपन
नागररकोां की सांख्या में िृ खद्ध।
माकेि ऑपरे शन) को सांचामलत करता है । िुले बाजार
2. मचमकत्सा के मलए भारत आने िाले मिदे शी नागररकोां
की मक्रयाओां (ओएमओ) के सांदभा में मनम्नमलखित कथनोां
की सांख्या में िृ खद्ध।
में से कौनसा/से सही है/हैं ?
3. चीन और अमेररका के बीच मुद्रा यु द्ध।
1. इसका उपयोग मध्यम अिमि में तरलता का प्रबांिन
में मकया जाता है ।
(a) केिल 1
2. इसका उपयोग सरकारी प्रमतभूमतयोां की आय के
(b) केिल 2
प्रबां िन के मलए मकया जाता है ।
(d) 1, 2 और 3
(a) केिल 1
(b) केिल 2
64. एक्सचेंज िर े डेड फांड् स (ईिीएफ) के सांदभा में
मनम्नमलखित कथनोां पर मिचार कीमजए:
(d) न तो 1, न ही 2
1. शे यरोां के समान मद्वतीयक बाजार में ईिीएफ का
कारोबार मकया जा सकता है ।
2. हाल ही में जारी मकया गया भारत बॉन्ड एक प्रकार 67. हाल ही में समाचारोां में 'ऑपरे शन मिस्ट' शब्द को दे िा
का ईिीएफ है । गया है । ‘ऑपरे शन मिस्ट’ मनम्नमलखित में से मकससे
उपयुाि कथनोां में से कौन-सा/से सही है /हैं ? सांबांमित है ?
(a) केिल 1 (a) भारतीय ररजिा बैं क के द्वारा िुले बाजार की मक्रयाएां
(b) केिल 2 (b) गै र-बैं मकांग मित्तीय कांपनी (एनबीएफसी) सांकि से

(c) 1 और 2 दोनोां मनपिने की रणनीमत
(d) न तो 1, न ही 2 (c) केंद्रीय सािा जमनक क्षेि के उद्यमोां में मिमनिेश

(d) मध्यम आय िगा की अिसांरचना को बढािा दे ने के
65. आमथाक मांदी से मनपिने के क्रम में कई अथाशाखियोां ने मलए उपाय
अथाव्यिस्था में 'राजकोषीय समेकन' की सलाह दी है ।

मनम्नमलखित में से कौनसा/से कदम अथाव्यिस्था में
62. Consider the following statements: 65. In order to tackle the economic slowdown,
1. As per the World Gold Council report, a number of economists have prescribed
of all the countries, India has the 2nd for ‘fiscal consolidation’ in the economy.
largest gold reserves in the world. Which among the following steps is/are
2. India is the world’s largest consumer known to instil ‘fiscal consolidation’ in the
of gold. economy?
Which of the statements given above 1. Cutting down social sector spending
is/are correct? by the government.
(a) 1 only 2. Setting up of the Alternate Investment
Fund to boost the real estate sector.
(b) 2 only
(c) Both 1 and 2
given below:
(d) Neither 1 nor 2
(a) 1 only
(b) 2 only
63. Which of the following factors will lead to
(c) Both 1 and 2
the depreciation of rupee relative to
dollar? (d) Neither 1 nor 2
1. There is an increase in the number of
Indian nationals going abroad for 66. The Reserve Bank of India (RBI) is said to
higher studies. undertake Open Market Operation as one
2. There is an increase in the number of of the tools of monetary policy. Which of
foreign nationals coming to India for the following statements is/are correct
medical treatment. with respect to the Open Market
Operation (OMO)?
3. Currency war between China and the
US. 1. It is used to manage liquidity in the
medium term.
given below: 2. It is used to manage the yields of the
government securities.
(a) 1 only
(b) 2 only
given below:
(c) 2 and 3 only
(a) 1 only
(d) 1, 2 and 3
(b) 2 only
(c) Both 1 and 2
64. Consider the following statements with
(d) Neither 1 nor 2
respect to the Exchange-Traded Funds
(ETFs):
1. ETFs can be traded in secondary 67. ‘Operation Twist’ is a term recently seen
market, similar to shares. in the news. It is related to which of the
following?
2. The Bharat Bond, launched recently,
is a type of ETF. (a) Open market operation by the Reserve
Bank of India (RBI).
is/are correct? (b) Strategy to tackle Non-Banking
Financial Company (NBFC) crisis.
(a) 1 only
(c) Disinvestment in the Central Public
(b) 2 only
Sector Enterprises.
(c) Both 1 and 2
(d) Step to boost the middle-income
(d) Neither 1 nor 2
housing infrastructure.
68. 'अिसर लागत' के सांदभा में मनम्नमलखित कथनोां में से 71. मनम्नमलखित में से कौनसा 'ग्रीनिामशां ग' से सही रूप से
कौनसा/से सही है/हैं ? सांबांमित है ?
1. अिसर लागत, एक मिकल्प पर दू सरे मिकल्प के (a) यह छत पर हरे पौिोां को लगाने के परम्परा को
चु नाि करने के सापेक्ष जोखिमोां की व्याख्या करने सांदमभात करता है ।
की एक अन्य मिमि है । (b) ग्रीनिामशांग एक गलत िारणा को व्यि करने या
2. अिसर लागत सकारात्मक या नकारात्मक के रूप भ्रामक जानकारी प्रदान करने की प्रमक्रया है मक
में अांत हो सकती है । मकस प्रकार एक कांपनी के उत्पाद अमिक
उपयुाि कथनोां में से कौन-सा/से सही है /हैं ? पयाािरणीय रूप से अच्छा है ।
(a) केिल 1 (c) यह हररत आिरण को बढाने के मलए पृथ्वी की
(b) केिल 2 सतह को हरे रां ग से रां गने को सांदमभात करता है ।
(c) 1 और 2 दोनोां (d) उपयुाि में से कोई नहीां

(d) न तो 1, न ही 2
72. प्राथममकता क्षेि ऋण प्रमाणपि (पीएसएलसी) के सांदभा
में मनम्नमलखित कथनोां पर मिचार कीमजए:
69. भारत में समुद्री सांचार सेिाओां के सांदभा में मनम्नमलखित
कथनोां पर मिचार कीमजए: 1. पीएसएलसी का उपयोग प्राथममकता क्षेि ऋण दे ने
के उप-लक्ष्योां को पूरा करने के मलए मकया जा
1. भारत में समुद्री सांचार सेिाएां प्रदान करने के मलए
सकता है ।
दू रसांचार ऑपरे िरोां को मकसी पृथक लाइसेंस की
आिश्यकता नहीां होती है । 2. पीएसएलसी का कारोबार ई-कुबे र प्लेिफॉमा पर
मकया जा सकता है ।
2. यमद कोई मिदे शी उपग्रह समुद्री सांचार की पेशकश
कर रहा है , तो इसे इसरो को अनुमोमदत करना उपयुाि कथनोां में से कौन-सा/से सही है /हैं ?
होगा। (a) केिल 1
उपयुाि कथनोां में से कौन-सा/से सही है /हैं ? (b) केिल 2
(a) केिल 1 (c) 1 और 2 दोनोां
(b) केिल 2 (d) न तो 1, न ही 2
(d) न तो 1, न ही 2 73. मकसान क्रेमडि काडा (केसीसी) योजना के सांदभा में
70. भारत में रबड़ उत्पादन के सांदभा में मनम्नमलखित कथनोां 1. ब्याज सहायता के मलए पाि सभी फसल ऋण
पर मिचार कीमजए: केसीसी रीमत के माध्यम से प्रदान मकए जाते हैं ।
1. भारत मिश्व में प्राकृमतक रबर का छठा सबसे बड़ा 2. केसीसी का उपयोग मत्स्य और पशु पालन मकसानोां
उत्पादक है । के मलए कायाशील पूाँजी ऋणोां का मिस्तार करने के
मलए मकया जा सकता है ।
2. रबर बोडा का मुख्यालय नई मदल्ली में है तथा यह
िामणज्य एिां उद्योग मांिालय के अिीन काया करता 3. केसीसी योजना के अांतगात मदए गए ऋण का
है । उपयोग मकसान पररिारोां की उपभोग
आिश्यकताओां को पूरा करने के मलए मकया जा
3. भारत प्राकृमतक रबर में आत्ममनभार है ।
सकता है ।
(a) केिल 1
(d) 1, 2 और 3
(d) 1, 2 और 3
68. Which of the following statements is/are 71. Which of the following statements is
correct about ‘Opportunity Cost’? correctly related to 'Greenwashing':
1. Opportunity cost is another way of (a) It refers to the practice of planting
describing the relative risks of green plants on roof-tops.
choosing one option over another. (b) Greenwashing is the process of
2. Opportunity cost may end up being conveying a false impression or
positive or negative. providing misleading information
Select the correct answer using the code about how a company's products are
given below: more environmentally sound.
(a) 1 only (c) It refers to painting the surface of
(b) 2 only Earth as green to increase green
cover.
(c) Both 1 and 2
(d) None of the above
(d) Neither 1 nor 2

the Priority Sector Lending Certificates
the Maritime Communication Services in
(PSLCs):
India:
1. PSLCs can be used to meet the sub-
1. No separate license is required by the
targets of priority sector lending.
telecom operators to provide Maritime
Communication Services in India. 2. PSLCs can be traded on the e-Kuber
Platform.
2. If a foreign satellite is offering
Maritime Communication, the Indian Which of the statements given above
Space Research Organization (ISRO) is/are correct?
has to approve it. (a) 1 only
Which of the statements given above (b) 2 only
is/are correct? (c) Both 1 and 2
(a) 1 only (d) Neither 1 nor 2
(b) 2 only
(c) Both 1 and 2 73. Consider the following statements about
(d) Neither 1 nor 2 the Kisan Credit Card (KCC) Scheme:
1. All the crops loans, eligible for interest
70. Consider the following statements about subvention, are routed through the
the rubber production in India: KCC mode only.
1. India is the sixth largest producer of 2. KCC can be used to extend working
natural rubber in the world. capitals loans for fishery and animal
husbandry farmers.
2. The Rubber Board is headquartered in
New Delhi and functions under the 3. Loans given under the KCC Scheme
Ministry of Commerce and Industry. can be used to meet consumption
requirements of the farmer
3. India is self-sufficient in natural
household.
rubber.
Which of the statements given above are
correct?
is/are correct?
(a) 1 and 2 only
(a) 1 only
(b) 2 and 3 only
(b) 1 and 3 only
(c) 1 and 3 only
(c) 2 and 3 only
(d) 1, 2 and 3
(d) 1, 2 and 3
74. यील्ड किा के सांदभा में मनम्नमलखित कथनोां में से 77. मनम्नमलखित में से मकस मनकाय ने बैं मकांग िोिािड़ी के
कौनसा/से सही है/हैं ? मलए सलाहकार बोडा (एबीबीएफ) का गठन मकया है ?
1. किा का ढाल भमिष्य की ब्याज दर में बदलाि और (a) भारतीय ररज़िा बैं क
आमथाक गमतमिमि के बारे में मिचार प्रदान करता है ।
(b) केंद्रीय सतकाता आयोग
2. सामान्य िक्र आमथाक मिस्तार की ओर सांकेत करते
(c) मित्त मांिालय
हैं , जबमक नीचे की ओर ढाल िाले िक्र आमथाक
मांदी की ओर सांकेत करते हैं । (d) भारत का उच्चतम न्यायालय
(a) केिल 1 78. श्रेयस (SHREYAS) योजना के सांदभा में मनम्नमलखित
(b) केिल 2 कथनोां में से कौनसा/से सही है/हैं ?
(c) 1 और 2 दोनोां 1. मित्त मांिालय ने श्रेयस (SHREYAS) योजना को शु रू
(d) न तो 1, न ही 2 मकया है ।
2. यह राष्ट्रीय मशक्षुता सांििा न योजना (नेशनल
75. मिशे ष डे िा प्रसार मानक (एसडीडीएस) के सांदभा में
अप्रेंमिसमशप प्रोमोशनल स्कीम) के माध्यम से
मनम्नमलखित कथनोां में से कौनसा/से सही है /हैं ?
अप्रैल 2019 में मनकलने िाले सामान्य स्नातकोां को
1. एसडीडीएस जनता को िृ हद् आमथाक आां कड़ोां को
उद्योग मशक्षुता के अिसर प्रदान करता है ।
प्रसाररत करने के मलए एक िै मश्वक मानदां ड है ।
2. एसडीडीएस की सदस्ता इां मगत करती है मक एक नीचे मदए गए कूि का प्रयोग कर सही उत्तर चु मनए:
दे श "अच्छी साां खख्यकीय नागररकता" के परीक्षण (a) केिल 1
को पूरा करता है । (b) केिल 2
3. मिश्व बैं क एसडीडीएस के अनुपालन की मनगरानी
तथा िामषाक पया िेक्षण ररपोिा प्रकामशत करता है ।
(d) न तो 1, न ही 2
(b) केिल 2 और 3 79. अथोपाय अमग्रम के सांदभा में मनम्नमलखित कथनोां पर
(c) केिल 1 और 3 मिचार कीमजए:
(d) 1, 2 और 3 1. अथोपाय अमग्रम के अांतगात, केंद्र और राज्य दोनोां

सरकारें अपने घािे को पूरा करने के मलए िन ऋण
76. मनम्नमलखित कथनोां में से कौनसा/से सही है /हैं ? ले सकती हैं ।
1. ऋणात्मक ब्याज दरें एक ऐसे पररदृश्य को सांदमभात 2. अथोपाय अमग्रम के अांतगा त, सरकार के ऋण ले ने
करती हैं, मजसमें नकद जमा पर ब्याज आय प्राि पर कोई सीमा नहीां है ।
करने के बजाय बैं क में भांडारण के मलए शु ल्क
3. अथोपाय अमग्रम पर ब्याज दर बाजार की ब्याज दर
लगता है ।
से कम होती है ।
2. मिस्फीमतकारी अिमि के दौरान ऋणात्मक ब्याज
उपयुाि कथनोां में से कौन-सा/से गलत है/हैं ?
दरें हो सकती हैं, जब लोग और व्यिसाय िन िचा
करने के स्थान पर बहुत अमिक िन भांडाररत रिते (a) केिल 1
हैं । (b) केिल 1 और 2
नीचे मदए गए कूि का प्रयोग कर सही उत्तर चु मनए: (c) केिल 1 और 3
(a) केिल 1
(d) 1, 2 और 3
(b) केिल 2
(d) न तो 1, न ही 2



ADMIN1: ADMIN2:
74. Which of the following statements is/are 77. Which of the following bodies constituted
correct about the Yield Curves? the Advisory Board for Banking Frauds
1. The slope of the yield curve gives an (ABBF)?
idea of future interest rate changes
(a) The Reserve Bank of India
and economic activity.
2. While normal curves point to (b) The Central Vigilance Commission
economic expansion, downward (c) The Ministry of Finance
sloping curves point to economic
(d) The Supreme Court of India
recession.
given below: 78. Which of the following statements is/are
(a) 1 only correct about the Scheme SHREYAS?
(b) 2 only 1. The Ministry of Finance launched the
(c) Both 1 and 2 Scheme SHREYAS.
(d) Neither 1 nor 2
2. It provides industry apprenticeship
opportunities to the general graduates
75. Which of the following statements are
exiting in April 2019, through the
correct about the Special Data
Dissemination Standard (SDDS)? National Apprenticeship Promotion
1. The SDDS is a global benchmark for Scheme (NAPS).
disseminating macro-economic Select the correct answer using code
statistics to the public. given below:
2. SDDS subscription indicates that a
(a) 1 only
country meets the test of “good
statistical citizenship”. (b) 2 only
3. The World Bank monitors SDDS (c) Both 1 and 2
observance and publishes annual (d) Neither 1 nor 2
observance reports.
given below: 79. With reference to the Ways and Means
(a) 1 and 2 only Advances, consider the following
(b) 2 and 3 only statements:
(c) 1 and 3 only 1. Under the ways and means advances,
(d) 1, 2 and 3 both the central and the state
governments can borrow money in
76. Which of the following statements is/are order to finance their deficits.
correct?
2. There is no limit on the government's
1. Negative interest rates refer to a
scenario in which cash deposits incur borrowings under the ways and
a charge for storage at a bank, rather means advances.
than receiving interest income. 3. The rate of interest on the ways and
2. Negative interest rates may occur means advances is below the market
during deflationary periods, when rate of interest.
people and businesses hold too much
money instead of spending. Which of the statements given above
Select the correct answer using code is/are incorrect?
given below: (a) 1 only
(a) 1 only (b) 1 and 2 only
(b) 2 only
(c) 1 and 3 only
(c) Both 1 and 2
(d) 1, 2 and 3
(d) Neither 1 nor 2
80. सुगम सुिार सूचकाांक (EASE Reform Index) मकससे 83. अक्सर समाचारोां में दे िा जाने िाला आमथाक शब्द
सांबांमित है ? "हे यरकि् स (Haircuts)" मनम्नमलखित में से मकसके साथ
(a) सरकारी प्रमक्रयाओां और मनयमोां में सुिार करना। सांव्यिहार करता है ?
(b) सािा जमनक क्षेि के बैं कोां (पीएसबी) में सुिार। (a) सरकार मित्तीय घािे के लक्ष्य को आगे बढा रही है ।
(c) ममहलाओां के लाभ के मलए सरकारी सेिाओां की (b) बैं कोां द्वारा िराब ऋणोां की िसूली।
पहुां च में सुिार करना।
(c) सरकार की अपने मिमनिेश लक्ष्य को पूरा करने में
(d) सरकारी कायाा लयोां को अलग-अलग क्षेिोां के मलए
असमथाता।
अमिक सुलभ बनाना।
(d) सरकार के अनुमामनत और सांशोमित राजस्व सांग्रह
के बीच अांतर।
81. जीएसिी क्षमतपूमता के सांदभा में मनम्नमलखित कथनोां पर
1. राज्योां को जीएसिी क्षमतपूमता का भुगतान मकया 84. मनम्नमलखित में से कौनसी मनमियााँ राष्ट्रीय कृमष और
जाना है , यमद िषा-दर-िषा जीएसिी राजस्व की िृ खद्ध ग्रामीण मिकास बैं क (नाबाडा ) के दायरे में आती है/हैं ?
10% से कम है । 1. ग्रामीण अिसांरचना मिकास मनमि (आरआईडीएफ)
2. जीएसिी अमिमनयम के अांतगा त, क्षमतपूमता का
2. दीघा कालीन मसांचाई मनमि (एलिीआईएफ)
भुगतान 5 साल की अिमि के मलए मकया जाना है ।
3. िें चर कैमपिल फांड
3. जीएसिी क्षमतपूमता कोष में कमी के मामले में, केंद्र
सरकार को भारत की सांमचत मनमि से राज्योां को नीचे मदए गए कूि का प्रयोग कर सही उत्तर चु मनए:
क्षमतपूमता करने की आिश्यकता है । (a) केिल 1
उपयुाि कथनोां में से कौन-सा/से सही है /हैं ? (b) केिल 2 और 3
(b) केिल 2
(d) 1, 2 और 3
85. मनम्नमलखित में से कौन सा/से सकल घरे लू ज्ञान उत्पाद
82. बैं कोां की जमाओां की सुरक्षा के सांदभा में मनम्नमलखित (जीडीकेपी) के घिक माने जाते हैं ?
कथनोां पर मिचार कीमजए: 1. मशक्षा में मनिेश

1. िता मान में, भारतीय ररजिा बैंक के द्वारा 1 लाि 2. एक दे श में समाचार पिोां और पेिेंिोां का उत्पादन
रुपये तक की जमा रामश का बीमा मकया जाता है ।
3. सरकार, मनजी क्षेि और पररिारोां द्वारा उत्पामदत
2. जमा के बीमा का प्रीममयम जमाकताा ओां द्वारा स्वयां
ज्ञान की तु लना
मकया जाता है ।
(a) केिल 1
(a) केिल 1
(b) केिल 2 (b) केिल 1 और 2
(c) 1 और 2 दोनोां (c) केिल 1 और 3

(d) न तो 1, न ही 2 (d) 1, 2 और 3
80. What does the EASE Reforms Index deal 83. The economic term "Haircut", often seen
with? in the news, deals with which of the
(a) Improving the government procedures following?
and rules. (a) Government exceeding the Fiscal
(b) Reforms in the Public Sector Banks Deficit Target
(PSBs). (b) Recovery of bad loans by the banks
(c) Improving the access of government (c) Inability of the Government to meet its
services for the benefit of women. disinvestment target
(d) Making the government offices more (d) Difference between the estimated and
accessible for differently abled.
revised revenue collection of the
Government
81. With reference to GST Compensation,
consider the following statements:
84. Which among the following funds is/are
1. The GST Compensation is to be paid
under the purview of the National Bank
to the states if the GST revenue
for Agriculture and Rural Development
growth is less than 10% year-on-year.
(NABARD)?
2. Under the GST Act, the compensation
1. Rural Infrastructure Development
is to be paid for a period of 5 years.
Fund
3. In case of shortfall in the GST
2. Long Term Irrigation Fund
Compensation Fund, the Central
Government is required to 3. Venture Capital Fund
compensate the states from the Select the correct answer using the code
Consolidated Fund of India. given below:
Which of the statements given above (a) 1 only
is/are correct? (b) 2 and 3 only
(a) 1 and 2 only (c) 1 and 3 only
(b) 2 only (d) 1, 2 and 3
(c) 2 and 3 only
(d) 1 and 3 only
85. Which among the following is/are
considered to be the component(s) of the
82. With respect to the safety of the banks' Gross Domestic Knowledge Product
deposits, consider the following (GDKP)?
statements:
1. Investment in education
1. Presently, the deposits up to Rs. 1
2. Production of newspapers and patents
lakh are insured by the Reserve Bank
in a country
of India.
3. Comparison of knowledge produced by
2. The premium for the deposit
the government, private sector and
insurance is borne by the depositors
themselves. households
Which of the statements given above Select the correct answer using the code
is/are correct? given below:
(a) 1 only (a) 1 only
(b) 2 only (b) 1 and 2 only
(c) Both 1 and 2 (c) 1 and 3 only
86. राष्ट्रीय मुनाफािोरी-रोिी प्रामिकरण (एनएए) का गठन 89. आिमिक श्रम बल सिे क्षण (पीएलएफएस) के सांदभा में
मनम्नमलखित में से मकस अमिमनयम के तहत मकया गया मनम्नमलखित कथनोां पर मिचार कीमजए:
है ? 1. इस सिे क्षण के अांतगात एक िै मामसक ररपोर् ि
(a) केंद्रीय माल और सेिा कर अमिमनयम, 2017 प्रकामशत की जाती है , जो केिल शहरी क्षेिोां में
(b) भगोड़ा आमथाक अपरािी अमिमनयम, 2018 रोजगार की खस्थमत शाममल करती है ।
(c) समखित माल और सेिा कर अमिमनयम, 2017 2. पीएलएफएस के अांतगा त िामषाक ररपोिा में शहरी
(d) केंद्र शामसत प्रदे श माल और सेिा कर अमिमनयम, और ग्रामीण दोनोां क्षेिोां में रोजगार की खस्थमत
2017 शाममल की जाती है ।
87. मनम्नमलखित कथनोां पर मिचार कीमजए: (a) केिल 1
1. सांयुि राष्ट्र औद्योमगक मिकास सांगठन (b) केिल 2

(यू एनआईडीओ) का ममशन सदस् राज्योां में (c) 1 और 2 दोनोां
समािे शी और सतत औद्योमगक मिकास (d) न तो 1, न ही 2
(एसडीआईडी) को बढािा दे ना और गमत प्रदान
करना है । 90. राष्ट्रीय सांकेतक ढाां चे (एनआईएफ) के सांदभा में
2. एसडीआईडी-9 में यू एनआईडीओ के क्षेिामिकार मनम्नमलखित कथनोां पर मिचार कीमजए:
को पूरी तरह से मान्यता प्राि है , जो "लचीली 1. एनआईएफ में सतत मिकास लक्ष्योां की मनगरानी के
अिसांरचना का मनमाा ण करने, समािे शी और मलए साां खख्यकीय सांकेतक शाममल हैं ।
िारणीय औद्योगीकरण को बढािा दे ने और निाचार
2. इसे नीमत आयोग के द्वारा तै यार मकया गया है ।
को बढािा दे ने" का आह्वान करता है ।
(a) केिल 1
(a) केिल 1
(b) केिल 2
(b) केिल 2
(d) न तो 1, न ही 2
(d) न तो 1, न ही 2
91. भारत में पेरोल ररपोमिूं ग के सांदभा में मनम्नमलखित कथनोां

88. िादी और ग्रामोद्योग आयोग (केिीआईसी) के सांदभा में
1. यह औपचाररक क्षेि में रोजगार सांबांिी आां कड़ोां को
1. केिीआईसी को ग्रामीण क्षेिोां में िादी और अन्य
शाममल करता है ।
ग्रामोद्योगोां के मिकास के मलए कायाक्रमोां के
2. यह दो प्रमुि योजनाओां अथाा त् कमाचारी भमिष्य
मनयोजन, प्रचार, सांगठन और कायाा ियन का काया
मनमि और कमाचारी राज्य बीमा योजना की
मदया गया है ।
जानकारी का उपयोग करता है ।
2. इसका उद्दे श्य गरीबोां के बीच आत्ममनभारता और
3. इसमें आकड़ोां को िै मामसक आिार पर एकि मकया
एक मजबूत ग्रामीण सामुदामयक भािना का मनमाा ण
जाता है ।
करना है ।
(a) केिल 1
(a) केिल 1
(b) केिल 2
(d) न तो 1, न ही 2
86. The National Anti-profiteering Authority 89. Consider the following statements about
(NAA) has been constituted under which the Periodic Labour Force Survey (PLFS):
of the following Acts? 1. A quarterly report is published under
(a) The Central Goods and Services Tax this survey, which covers employment
Act, 2017 status in urban areas only.
(b) The Fugitive Economic Offenders Act, 2. Annual report under PLFS covers
2018 employment status in both urban and
(c) The Integrated Goods and Services rural areas.
Tax Act, 2017 Which of the statements given above
(d) The Union Territory Goods and is/are correct?
Services Tax Act, 2017
(a) 1 only
(b) 2 only
87. Consider the following statements:
(c) Both 1 and 2
1. The mission of the United Nations
(d) Neither 1 nor 2
Industrial Development Organization
(UNIDO) is to promote and accelerate
inclusive and sustainable industrial 90. Consider the following statements about
development (ISID) in member states. the National Indicator Framework (NIF):
2. UNIDO’s mandate is fully recognized 1. NIF consists of statistical indicators
in SDG-9, which calls to “Build for monitoring of the Sustainable
resilient infrastructure, promote Development Goals.
inclusive and sustainable 2. It has been prepared by the NITI
industrialization and foster Aayog.
innovation”.
is/are correct?
is/are correct?
(a) 1 only
(a) 1 only
(b) 2 only
(b) 2 only
(c) Both 1 and 2
(c) Both 1 and 2
(d) Neither 1 nor 2
(d) Neither 1 nor 2
88. Consider the following statements about 91. Consider the following statements about
the Khadi and Village Industries Payroll Reporting in India:
Commission (KVIC): 1. It covers employment related statistics
1. The KVIC is charged with the in the formal sector.
planning, promotion, organization and 2. It uses information from two major
implementation of programmes for the schemes namely, the Employees’
development of Khadi and other Provident Fund Scheme and the
village industries in the rural areas. Employees’ State Insurance Scheme.
2. Its objective is to create self-reliance 3. The data is collected on a quarterly
amongst the poor and building up of a basis.
strong rural community spirit.
Which of the statements given above is/are correct?
is/are correct?
(a) 1 only
(a) 1 only
(b) 1 and 2 only
(b) 2 only
(c) 1 and 3 only
(c) Both 1 and 2
(d) 2 and 3 only
(d) Neither 1 nor 2
92. इक्वेिर मप्रांमसपल्स (मसद्धाां तोां) के सांदभा में मनम्नमलखित िामणज्यीकरण में ते जी लाने के मलए प्रारां मभक चरण
कथनोां पर मिचार कीमजए: अनुदान मित्तपोषण प्रदान करना है ।
1. इक्वेिर मप्रांमसपल्स एक जोखिम प्रबां िन ढाां चा है , जो उपयुाि कथनोां में से कौन-सा/से सही है /हैं ?
मित्तीय सांस्थानोां द्वारा पररयोजनाओां में पयाािरणीय (a) केिल 1
और सामामजक जोखिम के मनिाा रण, मूल्याांकन और (b) केिल 2
प्रबां िन के मलए अपनाया जाता है ।
2. भारत से इक्वेिर मप्रांमसपल्स का कोई सदस् नहीां है ।
(d) न तो 1, न ही 2
(a) केिल 1
96. पेिेंि प्रॉमसक्ूशन हाइिे काया क्रम (Patent
(b) केिल 2 Prosecution Highway Program) के सांदभा में
(c) 1 और 2 दोनोां मनम्नमलखित कथनोां पर मिचार कीमजए:
(d) न तो 1, न ही 2 1. पेिेंि प्रॉमसक्ूशन हाइिे कायाक्रम (पीपीएच) कुछ
पेिेंि कायाा लयोां के बीच सूचना साझा करने की
93. मनम्नमलखित में से मकसे लाल कीचड़ (रे ड मड) के नाम प्रमक्रया के माध्यम से त्वररत पेिेंि अमभयोजन प्रदान
से जाना जाता है? करने की पहल का एक समुच्चय है ।
(a) बक्साइि के अिशे ष 2. पहला पेिेंि अमभयोजन काया क्रम यू एसए पेिेंि
(b) हे मेिाइि के अिशे ष कायाा लय और भारतीय पेिेंि कायाा लय के बीच
शु रू मकया गया है ।
(c) झील मनक्षेप
(d) महासागरोां के तल पर मनक्षेप
(a) केिल 1
(b) केिल 2
94. अांतराा ष्ट्रीय सौर गठबां िन (आईएसए) के सांदभा में
मनम्नमलखित कथनोां पर मिचार कीमजए: (c) 1 और 2 दोनोां
1. सांयुि राष्ट्र के सभी सदस् दे श, अांतराा ष्ट्रीय सौर (d) न तो 1, न ही 2

गठबांिन के सदस् बन सकते हैं ।
2. अांतराा ष्ट्रीय सौर गठबांिन की सभा आईएसए की 97. मनम्नमलखित कथनोां पर मिचार कीमजए:
सीि पर प्रमतिषा मांिी स्तर पर आयोमजत होती है । 1. मकम्बरले प्रमक्रया प्रमाणन योजना (केपीसीएस) का
3. आईएसए भी सीिे सौर पररयोजना का मित्तपोषण उद्दे श्य मििामदत हीरे को िै मश्वक आपूमता श्रृांिला से
प्रदान करता है । बाहर मनकालना है ।
उपयुाि कथनोां में से कौन-सा/से सही है /हैं ? 2. िामणज्य मिभाग नोडल इसका मिभाग है और जे म
(a) केिल 1 और 2 एां ड ज्वैलरी एक्सपोिा प्रमोशन काउां मसल
(जीजे ईपीसी) को भारत में केपीसीएस आयात तथा
मनयाा त प्रामिकरण के रूप में मनमदा ष्ट् मकया गया है ।
3. भारत मकम्बरले प्रमक्रया का सांस्थापक सदस् नहीां
(d) 1, 2 और 3
है ।
95. पेस सेिर फांड प्रोग्राम (PACE setter Fund Program)
के सांदभा में मनम्नमलखित कथनोां पर मिचार कीमजए:
1. यह भारत और फ्राां स के द्वारा स्थामपत एक सांयुि
कोष है ।
(d) 1, 2 और 3
2. इसका उद्दे श्य अमभनि ऑफ-मग्रड स्वच्छ ऊजाा
उत्पादोां, प्रणामलयोां और व्यापार मॉडलोां के
92. Consider the following statements about grid clean energy products, systems
Equator Principles: and business models.
1. The Equator Principles (EPs) is a risk Which of the statements given above
management framework, adopted by is/are correct?
financial institutions, for determining, (a) 1 only
assessing and managing (b) 2 only
environmental and social risk in
(c) Both 1 and 2
projects.
(d) Neither 1 nor 2
2. There is no member to the Equator
Principles from India.
the Patent Prosecution Highway
is/are correct?
Programme:
(a) 1 only
1. Patent Prosecution Highway (PPH) is a
(b) 2 only
set of initiatives for providing
(c) Both 1 and 2 accelerated patent
(d) Neither 1 nor 2 prosecution procedures by sharing
information between some patent
93. Which of the following is known as Red offices.
Mud: 2. The First Patent Prosecution
(a) Residue of Bauxite Programme has been started
(b) Residue of Haematite between the USA Patent Office and the
Indian Patent Office.
(c) Lacustrine deposits
(d) Deposits on the bottom of oceans
is/are correct?
(a) 1 only
(b) 2 only
the International Solar Alliance (ISA):
(c) Both 1 and 2
1. All countries that are the members of
the United Nations can be the member (d) Neither 1 nor 2
of the International Solar Alliance.
2. Assembly of the International Solar 97. Consider the following statements:
Alliance meets annually at the 1. The Kimberley Process Certification
ministerial level at the seat of ISA. Scheme (KPCS) aims to remove
3. ISA also directly funds solar project. conflict diamonds from the global
Which of the statements given above are supply chain.
correct? 2. The Department of Commerce is the
(a) 1 and 2 only nodal department and the Gem &
Jewellery Export Promotion Council
(b) 2 and 3 only
(GJEPC) is designated as the KPCS
(c) 1 and 3 only
Importing and Exporting Authority in
(d) 1, 2 and 3 India.
3. India is not a founding member of the
95. Consider the following statements about Kimberley Process.
the PACEsetter Fund Programme: Which of the statements given above are
1. It is a joint fund constituted by India correct?
and France. (a) 1 and 2 only
2. It aims to provide early-stage grant (b) 2 and 3 only
funding to accelerate the
(c) 1 and 3 only
commercialization of innovative off-
(d) 1, 2 and 3
98. भारत में कपास क्षेि के सांदभा में मनम्नमलखित कथनोां पर 98. Consider the following statements about
मिचार कीमजए: the cotton sector in India:
1. सुमिन (SUVIN), तममलनाडु में उत्पामदत बे हतरीन 1. SUVIN is the finest quality of extra-
long staple cotton produced in Tamil
गु णित्ता की अमतररि लम्बे रे शे िाली कपास है ।
Nadu.
2. कनाा िक में िारिाड़ में प्राकृमतक रूप से रां गीन
2. Naturally coloured cotton is grown in
कपास उगाई जाती है । Dharwad in Karnataka.
3. भारत कॉिन-4 दे शोां के मलए कपास तकनीकी
3. India runs Cotton Technical
सहायता कायाक्रम सांचामलत करता है । Assistance Programme for Cotton-4
उपयुाि कथनोां में से कौन-से सही हैं ? countries only.
(a) केिल 1 और 2 Which of the statements given above are
(b) केिल 2 और 3 correct?
(c) केिल 1 और 3 (a) 1 and 2 only
(d) 1, 2 और 3 (b) 2 and 3 only
(c) 1 and 3 only
99. हाल ही में, मिश्व व्यापार सांगठन ने मनणाय मदया है , मक (d) 1, 2 and 3
भारत की मनयाा त प्रोत्साहन योजनाएां अिैि हैं । मिश्व
व्यापार सांगठन के मकस समझौते के अांतगा त इन्हें अिैि 99. Recently, WTO (the World Trade
पाया गया है ? Organization) has ruled that India’s
export promotion schemes are illegal.
(a) शु ल्कोां और व्यापार पर सामान्य समझौता
Under which of the WTO Agreements were
(General Agreement on Tariffs and
these found illegal?
Trade)
(a) General Agreement on Tariffs and
(b) सेिाओां में व्यापार पर सामान्य समझौता (General Trade
Agreement on Trade in Services) (b) General Agreement on Trade in
(c) बौखद्धक सांपदा अमिकारोां के व्यापार से सांबांमित Services
पहलुओां पर समझौता (Agreement on Trade- (c) Agreement on Trade-Related Aspects
Related Aspects of Intellectual of Intellectual Property Rights
Property Rights) (d) Agreement on Subsidies and
(d) सखिमडयोां और प्रमतकारी उपायोां पर समझौता Countervailing Measures
(Agreement on Subsidies and
Countervailing Measures) 100. Consider the following statements about
the BharatNet Project:
100. भारतनेि पररयोजना के सांदभा में मनम्नमलखित कथनोां पर 1. The BharatNet Project aims to connect
मिचार कीमजए: all the gram panchayats in the
country and provide 100 Mbps
1. भारतनेि पररयोजना का लक्ष्य दे श की सभी ग्राम
connectivity to all gram panchayats
पांचायतोां को जोड़ना और सभी ग्राम पांचायतोां को (GPs).
100 एमबीपीएस कनेखक्टमििी प्रदान करना है । 2. Some gram panchayats will be
2. कुछ ग्राम पांचायतोां को इां िरनेि एक्सेस के मलए provided with satellite connectivity for
उपग्रह कनेखक्टमििी प्रदान की जाएगी। internet access.
3. अांमतम मील कनेखक्टमििी िाईफ़ाई-हॉिस्पॉि के 3. Last mile connectivity will be provided
माध्यम से प्रदान की जाएगी। by Wifi-hotspot.
उपयुाि कथनोां में से कौन-से सही हैं ? Which of the statements given above are
(a) केिल 1 और 2 correct?
(b) केिल 2 और 3 (a) 1 and 2 only
(c) केिल 1 और 3 (b) 2 and 3 only
(d) 1, 2 और 3 (c) 1 and 3 only
(d) 1, 2 and 3
Test is part of Rau’s IAS Test series for Preliminary Exam 20 20
Test Code
GENERAL STUDIES (PAPER–I) TS20E1034
THEMATIC : ECONOMY
Time Allowed: 2 Hours Maximum Marks: 200
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Answers &
Explanations
of
TEST CODE: TS20E1034

GENERAL STUDIES (PAPER – I)
THEMATIC : ECONOMY
ANSWERS & EXPLANATIONS OF
THEMATIC : ECONOMY
GS Paper-I (TS20E1034)
1. Answer: (b) Development, Smriti Irani, launched
Explanation: YuWaah, an initiative supported by
 To enhance road connectivity, the United Nations International
especially through the state of Children's Emergency Fund (UNICEF).
Mizoram, India-Myanmar announced  By 2030, YuWaah aims to work with
the construction and revamping of the the private sector to create
Rhi-Tiddim Road, at a cost of more aspirational economic opportunities
than US$ 60 million, to be financed for 50 million young women and 50
through grant assistance from India. million young men, through a focus
 The present road is in a poor on job opportunities.
condition. With Indian assistance, it  Further, it will facilitate 200 million
will be made into a single lane road. young women and men to gain
This road will promote trade and relevant skills for productive lives and
travel links between Myanmar and the future of the work.
Mizoram, and help in optimizing the  India is one of the first countries in
investments made in the Zokhawthar the world to launch a national
LCS (Land Customs Station). initiative (YuWaah), which is linked to
 The Rhi-Tiddim Road in Myanmar is the global ‘Generation Unlimited’
essential to get value out of the movement.
investments already made for
developing LCS facilities at 4. Answer: (d)
Zokhawthar. Explanation:
 Swachh Iconic Places (SIP) is a
2. Answer: (b) collaborative project with three central
Explanation: ministries: The Ministry of Housing
 In 2018, the United Nations and Urban Affairs; the Ministry of
International Children's Emergency Culture; and the Ministry of Tourism.
Fund (UNICEF) initiated the It also involves local administrations
‘Generation Unlimited’ partnership at in the concerned states, and public
the global level. sector and private companies as
 It provides an agenda that all sponsoring partners.
countries can or must do more to  Launched in 2016, the Phase I iconic
support education, skills and places are: Ajmer Sharif Dargah; CST
empowerment of the young people. (Chhatrapati Shivaji Terminus)
 ‘Generation Unlimited’ movement Mumbai; Golden Temple; Kamakhya
started in New York. Temple; Manikarnika Ghat;
Meenakshi Temple; Shri Mata Vaishno
Devi; Shree Jagannath Temple; the
3. Answer: (a)
Taj Mahal and Tirupati Temple.
Explanation:
 Phase II of Swachh Iconic Places was
 In a bid to transform education and launched in 2017 and included
skilling for India's 300 million young Gangotri, Yamunotri, Mahakaleshwar
people, aged between 10-24 years, the Temple, Charminar, Church and
Minister for Women and Child Convent of St. Francis of Assisi,
RAUSIAS-TS20E1034 1
Kalady, Gommateshwara, Baidyanath 7. Answer: (c)
Dham, Gaya Tirth and Somnath Explanation:
Temple. Negative effects of inflation:
 The third phase of SIP was launched  Income redistribution: One risk of
at Mana village, which is situated higher inflation is that it has
close to the Badrinath Temple in a regressive effect on lower-income
Uttarakhand. The village, which now families and older people in the
becomes a Swachh Iconic Place, is society. This happens when prices for
visited by tourists and pilgrims, as it food and domestic utilities, such as
houses places of mythological interest. water and heating, rise at a rapid rate.
 Falling real incomes: With millions of
5. Answer: (a) people facing a cut in their wages or at
Explanation: best, a pay freeze, rising inflation
 India will cover five more African leads to a fall in real incomes.
countries in the second phase of its  Negative real interest rates: If
cotton technical assistance interest rates on savings accounts are
programme (TAP) for the region. lower than the rate of inflation, then
 India has implemented a technical people, who rely on interest from their
assistance programme (TAP) for cotton savings, will be poorer. Real interest
in six African countries, namely rates for millions of savers in the UK
Benin, Burkina Faso, Chad, Malawi, and many other countries have been
Nigeria and Uganda. negative for at least four years.
 The “cotton four” (C4) countries are  Cost of borrowing: High inflation may
Burkina Faso, Benin, Chad and Mali. also lead to higher borrowing costs for
 Rcently, 7th October was observed as the businesses and people needing
the World Cotton Day, an initiative of loans and mortgages, as financial
the so-called C4, supported by the markets protect themselves against
Word Trade Organization (WTO) and a rising prices and increase the cost of
few United Nations (UN) organizations. borrowing on short and longer-term
debts. There is also pressure on the
government to increase the value of
6. Answer: (a)
state pension and unemployment
Explanation: benefits and other welfare payments,
 The slogan the ‘creating markets, as the cost of living climbs higher.
creating opportunities’ is related to  Risks of wage inflation: High
the International Finance Corporation inflation can lead to an increase in
(IFC). pay claims, as people look to protect
 IFC — a sister organization of the their real incomes. This can lead to a
World Bank and a member of the rise in unit labour costs and lower
World Bank Group — is the largest profits for the businesses.
global development institution focused  Business competitiveness: If one
on the private sector in the developing country has a much higher rate of
countries. inflation than others for a
 The World Bank Group has set two considerable period of time, this will
goals for the world to achieve by 2030: make its exports less price competitive
end extreme poverty and promote in the world markets. Eventually, this
shared prosperity in every country. may show through in reduced export
 IFC is also a leading mobilizer of orders, lower profits and fewer jobs,
third-party resources for projects. and also in a worsening of a country’s
RAUSIAS-TS20E1034 2



ADMIN1: ADMIN2:
trade balance. A fall in exports can for Financial Supervision) Regulations,
trigger negative multiplier and 1994.
accelerator effects on national income Objective:
and employment. The primary objective of the BFS is to
 Business uncertainty: High and undertake consolidated supervision of the
volatile inflation is not good for financial sector, comprising Scheduled
business confidence, partly because Commercial and Co-operative Banks; All
they cannot be sure of what their India Financial Institutions; Local Area
costs and prices are likely to be. This Banks; Small Finance Banks; Payments
uncertainty might lead to a lower level Banks; Credit Information Companies;
of capital investment spending. Non-Banking Finance Companies; and
Primary Dealers.
Constitution:
8. Answer: (c)
The Board is constituted by co-opting
Explanation:
four Directors from the Central Board as
 Along with the Government of India, Members and is chaired by the Governor.
the Reserve Bank of India (RBI) is The Deputy Governors of the RBI are ex-
responsible for the design, production officio members. One Deputy Governor,
and overall management of the traditionally the Deputy Governor in
nation’s currency, with the goal of charge of supervision, is nominated as
ensuring an adequate supply of clean the Vice-Chairman of the Board.
and genuine notes.
 The Government of India is the 10. Answer: (b)
issuing authority of coins and Explanation:
supplies coins to the RBI on demand. Treasury Bills (TBs) – These are short-
The RBI puts the coins into term debt obligation, backed by the
circulation, on behalf of the Central Central Government, with a maturity
Government. period less than 1 year. The TBs, other
 In consultation with the Government than providing short-term cushion
of India, the RBI works towards against the government, also function as
maintaining confidence in the short-term investment avenues for the
currency by constantly endeavouring banks and financial institutions, besides
to enhance integrity of bank notes functioning as requirements of the Cash
through new design and security Reserve Ratio (CRR) and Statutory
Liquidity Ratio (SLR) of the banking
features.
institutions.
9. Answer: (c)
11. Answer: (c)
Explanation:
Explanation:
The Board for Financial Supervision:
 Certificate of Deposit – The
The Reserve Bank of India (RBI) performs Certificate of Deposit (CD) is a
the supervisory function under the negotiable money market instrument
guidance of the Board for Financial and issued in dematerialized form or
Supervision (BFS). The Board was as a Usance Promissory Note against
constituted in November, 1994, as a funds deposited at a bank or other
committee of the Central Board of eligible financial institution for a
Directors of the Reserve Bank of India, specified time period. The maturity
under the Reserve Bank of India (Board period of CDs, issued by the banks,
should not be less than 7 days and
RAUSIAS-TS20E1034 3
not more than one year from the date the investor makes to government or a
of issue. The Financial Institutions corporate entity.
can issue CDs for a period not less  A stock market is a place where
than 1 year and not exceeding 3 years investors go to trade equity securities,
from the date of issue. such as common stocks and
 Call/Short Money Market – This is derivatives, including options and
basically an inter-bank money futures. Stocks are traded on stock
market. Under call money market, exchanges.
funds are transacted on an overnight  Buying equity securities, or stocks,
basis and under notice money market; means you are buying a very small
funds are transacted for a period ownership stake in a company. While
between 2 days and 14 days. No bond-holders lend money with
collateral is required to borrow from interest, equity holders purchase
this market. small stakes in the companies on the
 Scheduled commercial banks belief that the company performs well
excluding Regional Rural Banks and the value of the shares purchased
RRBs); Co-operative Banks (other will increase.
than Land Development Banks); and  The primary function of the stock
Primary Dealers (PDs) are permitted to market is to bring buyers and sellers
participate in call/notice money together into a fair, regulated and
market, both as borrowers and controlled environment, where they
lenders, while LIC, GIC, UTI, IDBI and can execute their trades. This gives,
NABARD are allowed to operate as those involved, the confidence that
only lenders in this market. trading is done with transparency,
and that the pricing is fair and
12. Answer: (a) honest. This regulation not only helps
Explanation: the investors, but also the
corporations whose securities are
 The Financial Stability and
being traded. The economy thrives
Development Council (FSDC) was
when the stock market maintains its
constituted in December, 2010.
robustness and overall health.
 The FSDC was set up to strengthen
 The bond market is where the
and institutionalize the mechanism
investors go to trade (buy and sell)
for maintaining financial stability,
debt securities, prominently bonds,
enhancing inter-regulatory co-
which may be issued by corporations
ordination and promoting financial
or governments. It is also known as
sector development.
the debt or the credit market.
 An apex-level FSDC is not a statutory
Securities sold on the bond market
body.
are all various forms of debt. By
 The Council is chaired by the Union buying a bond, credit, or debt
Finance Minister. security, you are lending money for a
set period and charging interest—the
13. Answer: (c) same way a bank does to its debtors.
Explanation:  The bond market provides investors
Stocks and bonds are two of the most with a steady, albeit nominal, source
traded items—each available for sale on of regular income. In some cases,
different platforms or through a variety of such as the Treasury Bonds issued by
markets. Stocks are shares, known as the federal government, the investors
equity, in a publicly-traded company. receive bi-annual interest payments.
Bonds are basically a fixed-income loan Many investors choose to hold bonds
RAUSIAS-TS20E1034 4
in their portfolios as a way to save for 16. Answer: (b)
retirement, for their children's Explanation:
education, or other long-term needs.  The National Bank for Agriculture and
Rural Development (NABARD),
14. Answer: (a) through its Micro Credit Innovations
Explanation: Department, has continued its role as
The Forward Markets Commission (FMC) the facilitator and mentor of micro-
is a statutory body, set up under the finance initiatives in the country.
Forward Contracts (Regulation) Act, 1952.  The overall vision of the department is
It functions under the administrative to facilitate sustained access to
control of the Department of Consumer financial services for the unreached
Affairs, Ministry of Consumer Affairs, poor in rural areas through various
Food and Public Distribution. micro-finance innovations in a cost
Headquartered at Mumbai, with one effective and sustainable manner.
regional office at Kolkata, the Commission  The SHG Bank Linkage Project,
comprises a Chairman and two members. launched by NABARD in 1992, has
The Commission provides regulatory blossomed into the world’s largest
oversight in order to ensure – micro-finance project.
 Financial integrity (i.e., to prevent  Based on the observations of various
systematic risk of default by one research studies and an action
major operator or group of operators); research project carried out by
 Market integrity (i.e., to ensure that NABARD, the model of ‘SHG-BLP’ has
futures prices are truly aligned with evolved as a cost-effective mechanism
the prospective demand and supply for providing financial services to the
conditions); and unreached and underserved poor
 Protection and promotion of the households.
interest of the consumers/non-
members. 17. Answer: (a)
Explanation:
15. Answer: (c)  The Lead Bank Scheme is designed by
Explanation: the Reserve Bank of India to execute
Debentures are instruments issued by the district credit allocation policy.
the companies to raise debt capital. An Lead banks are the largest banks of
investor lends money to the company, in that particular geographical area.
return for its promise to pay interest at a They play a pivotal role in execution
fixed rate (usually payable half yearly on and achievement of key objective of
specific dates) and to repay the loan the district credit allocation policy.
amount on a specified maturity date, say Under this scheme, a particular
after specified years (redemption). district is allotted to every nationalized
Municipal Bonds are rupee bonds or non- commercial bank. The allotment of
convertible debentures, issued by the districts to various banks was based
Indian municipal bodies. They are meant on such criteria, as the size of the
to finance public projects, such as roads, banks and the adequacy of their
schools, airports and infrastructure. resources for handling the volume of
These bonds help in the deepening of work.
bond markets, as well as enable the local  The lead banks initially conduct basic
bodies to find avenues for resource surveys in their respective lead
generation. districts and prepare district credit
plans designed for the purpose of
RAUSIAS-TS20E1034 5
estimating credit needs of the The report said that while the scheme
concerned district, so that the envisaged to recapitalize banks based on
physical and man-power resources their performance and their ability to
available may be utilized properly. The support credit expansion, in reality the
district credit plans are linked with capital infused was largely consumed to
the development programmes and are tide over losses resulting from the
based on integrated development of provisions required for non-performing
the concerned district, with special assets (NPAs).
emphasis on the development of the
rural and backward areas. 20. Answer: (c)
Explanation:
18. Answer: (a)  As per the RBI’s inputs, the primary
Explanation: reasons for spurt in stressed assets
 The Rural Infrastructure Development have been observed to be, inter-alia,
Fund (RIDF) fund was set up in 1995- aggressive lending practices, wilful
96 to fund complete infrastructure default / loan frauds / corruption in
projects in the rural areas. some cases and economic slowdown.
 This fund was launched by the union  Asset Quality Review (AQR), initiated
government with the help of NABARD. in 2015, for clean and fully
 This fund dedicates all its resources to provisioned bank balance-sheets,
accomplish incomplete infrastructure revealed high incidence of Non-
projects. Performing Assets (NPAs). As a result
of AQR and subsequent transparent
recognition by the banks, stressed
19. Answer: (b)
accounts were reclassified as NPAs
Explanation:
and expected losses on stressed loans,
The government announced the not provided for earlier under
Indradhanush Plan for revamping the flexibility given to restructured loans,
Public Sector Banks (PSBs) in August, were provided for.
2015. The plan envisaged, inter alia,
 The central government accepted
infusion of capital in the PSBs by the
Project Sashakt, a five-pronged
government to the tune of Rs. 70,000
strategy to resolve bad loans.
crores over a period of four financial
It has been adopted on the basis of the
years.
recommendations of the Sunil Mehta
Capital infusion is aimed at
Committee.
supplementing the achievement of
regulatory capital norms by the PSBs
through their own efforts and, in 21. Answer: (a)
addition, based on performance and Explanation:
potential, augmenting their growth The Dibang Multipurpose Project (Dibang
capital. The government has announced MPP) is envisaged as a storage based
that a differentiated approach would be hydro-electric project, with flood
followed, based on the strength of each moderation as the key objective.
bank. The construction of the Dibang MPP shall
Note: The government’s bank prevent the sizeable downstream area
recapitalization programme — from floods. After the implementation of
Indradhanush – has failed to meet the master plan of the Brahmaputra
desired objectives, said a report by the Board for flood moderation of all rivers
India Ratings and Research. contributing to river Brahmaputra, of
which Dibang MPP is one of the
RAUSIAS-TS20E1034 6
components, sizable area will be  Selection of candidate roads based on
protected from flooding and help in the sum total of the marks obtained
mitigating the perennial damage due to by particular road on the basis of
floods in Assam. parameters of population served,
The project shall generate 2880MW market, educational and medical
(12x240MW) power to produce 11223MU facilities, etc.
of energy in a 90% dependable year. This  Construction of bridges upto 150 mts
is the largest ever hydro-electric project to in plain areas, and 200 mts in the
be constructed in India. The dam is 278 Himalayan and NE states proposed,
metres high and will be the highest dam as against the existing provisions of
in India, once completed. 75 mts and 100 mts in plain areas,
The project is located on river Dibang, in and the Himalayan and NE states,
Lower Dibang Valley district of Arunachal respectively.
Pradesh.  The states shall be asked to enter into
Note: It is not a run of the river based a Memorandum of Understanding
project. (MoU) before launching of the PMGSY-
III in the concerned state for providing
adequate funds for maintenance of
22. Answer: (b)
roads constructed under the PMGSY
Explanation:
post 5-year construction maintenance
Pradhan Mantri Gram Sadak Yojana period.
Phase III (PMGSY-III)
Under the PMGSY-III Scheme, it is
23. Answer: (a)
proposed to consolidate 1,25,000 km road
Explanation:
length in the states. The Scheme will also
include “through routes” and “major rural Of the total production taking place in the
links”, that connect habitations to the economy, a large number of products do
Gramin Agricultural Markets (GrAMs), not end up in final consumption and are
Higher Secondary schools and hospitals. not capital goods either. Such goods may
be used by other producers as material
Impact
inputs. Examples are steel sheets used
 This would facilitate easy and faster
for making automobiles and copper used
movement to and from the Gramin
for making utensils. These are
Agricultural Markets (GrAMs), Higher
intermediate goods, mostly used as raw
Secondary schools and hospitals.
material or inputs for production of other
 Roads constructed under PMGSY commodities. These are not final goods.
would also be maintained properly.
Some commodities, like television sets,
Financial Implications automobiles or home computers,
 It will entail an estimated cost of Rs. although they are for ultimate
80,250 crore (Central Share-Rs. consumption, have one characteristic in
53,800 crore, State Share- Rs 26,450 common with the capital goods – they are
crore). also durable. That is, they are not
 The funds would be shared in the extinguished by immediate or even short
ratio of 60:40 between the Centre and period consumption. They have a
the state, for all states, except for 8 relatively long life as compared to articles,
North-eastern and 3 Himalayan states such as food or even clothing. They also
(Jammu & Kashmir, Himachal undergo wear and tear with gradual use
Pradesh and Uttarakhand), for which and often need repairs and replacements
it is 90:10. of parts, i.e., like machines they also need
Implementation to be preserved, maintained and renewed.
 Project period: 2019-20 to 2024-25.
RAUSIAS-TS20E1034 7
That is why we call these goods consumer accommodate regular wear and tear of
durables. capital, is called depreciation.
There are other goods that are of durable Net Investment = Gross Investment –
character, which are used in the Depreciation
production process. These are tools, Notice here that depreciation is an
implements and machines. While they accounting concept. No real expenditure
make production of other commodities may have actually been incurred each
feasible, they themselves do not get year, yet depreciation is annually
transformed in the production process. accounted for. In an economy with
They are also final goods, yet they are not thousands of enterprises with widely
final goods to be ultimately consumed. varying periods of life of their equipment,
Unlike the final goods that we have in any particular year, some enterprises
considered above, they are the crucial are actually making the bulk replacement
backbone of any production process, in spending. Thus, we can realistically
aiding and enabling the production to assume that there will be a steady flow of
take place. These goods form a part of actual replacement spending, which will,
capital, one of the crucial factors of more or less, match the amount of annual
production in which a productive depreciation being accounted for in that
enterprise has invested and they continue economy.
to enable the production process to go on
for continuous cycles of production.
25. Answer: (b)
These are capital goods and they
Explanation:
gradually undergo wear and tear, and
thus are repaired or gradually replaced GDP Deflator:
over time. The stock of capital that an The ratio of nominal to real GDP is a well-
economy possesses is, thus, preserved, known index of prices. This is called GDP
maintained and renewed partially or Deflator.
wholly over time. CPI and WPI may differ from GDP deflator
because:
24. Answer: (a) 1. The goods purchased by the
Explanation: consumers do not represent all the
goods which are produced in a
All the capital goods produced in a year
country. GDP Deflator takes into
do not constitute an addition to the
account all such goods and services.
capital stock already existing. A
significant part of current output of 2. CPI includes prices of goods
capital goods goes in maintaining or consumed by the representative
replacing part of the existing stock of consumer; hence it includes prices of
capital goods. This is because the already imported goods. GDP Deflator does
existing capital stock suffers wear and not include prices of imported goods.
tear, and needs maintenance and 3. The weights are constant in CPI – but
replacement. they differ according to the production
A part of the capital goods produced this level of each goods in GDP Deflator.
year goes for replacement of existing
capital goods and is not an addition to 26. Answer: (c)
the stock of capital goods already existing Explanation:
and its value needs to be subtracted from  The TRIPS (Trade-Related Aspects of
gross investment for arriving at the Intellectual Property Rights)
measure for net investment. This Agreement of the World Trade
deletion, which is made from the value of Organization (WTO) established
gross investment, in order to minimum standards of protection that
RAUSIAS-TS20E1034 8
each government has to give to the IP Smart Industrial Port Cities have been
(Intellectual Property) of fellow WTO introduced.
members, thus limiting the former (4) Coastal Community Development:
scope for flexible national approaches. Development of coastal communities
 However, the TRIPS Agreement through marine sector related
incorporates certain "flexibilities." activities, like fisheries, maritime
These aim to permit developing and tourism and corresponding skill
least-developed countries to use development, is an essential objective
TRIPS-compatible norms in a manner of the Sagarmala Project. Development
that enables them to pursue their own of cruise tourism and lighthouse
public policies, either in specific fields, tourism are other activities which are
like access to pharmaceutical being actively considered under the
products or protection of their Sagarmala Project.
biodiversity, or more generally, in
establishing macro-economic, 28. Answer: (a)
institutional conditions that support
Explanation:
economic development.
Premium passenger trains, fitted with air-
 It is binding on all members of the conditioned coaches and running
WTO. traditionally on the End on Generation
(EoG) system, are also contributing
27. Answer: (c) towards air and noise pollution. These
Explanation: trains are using 2 diesel power cars for
Components of the Sagarmala Project are: feeding power to air-conditioning and
(1) Port Modernization and New Port
lighting load in the passenger coaches,
which produce an unbearable noise of
Development: Focuses on operational
around 100dB. Further, these power cars
efficiency improvement of the ports,
guzzle, on an average, 3,000 litres of
capacity expansion of the existing
diesel, per trip, per train, contributing to
major ports and new ports
the pollution in the cities.
development.
The Indian Railways have come up with
(2) Port Connectivity Enhancement:
an energy efficient and environment
Under the Sagarmala Project,
friendly innovative solution to address the
endeavour is to provide enhanced
issues of air and noise pollution, and
connectivity between the ports and
energy efficiency in running of passenger
the domestic production/consumption
trains. An improvized converter has been
centres. More than 235 connectivity
developed, which is fitted in electric
projects, at an estimated investment
locomotives, which can replace these
of more than Rs. 2.35 lac crore, have
diesel generators. It uses power from the
been identified.
overhead catenary to feed auxiliaries in
(3) Port-led Industrialization: The vision
the coaches hauled by electric
of the Sagarmala Project is to reduce
locomotives. It saves up to 1 million litres
logistics cost and time for the
of diesel, per train, per annum.
movement of EXIM and domestic
It is planned to convert balance End on
cargo. Development of port-proximate
Generation (EoG) LHB (Linke Hofmann
industrial capacities near the coast, in
Busch) rakes into Head on Generation
future, is a step in this direction. In
(HoG) system on accelerated pace to
this regard, the concepts of Coastal
harness the benefits of energy efficient
Economic Zones (CEZs), Coastal
and environment friendly technology. The
Economic Units (CEUs), Port-Linked
major advantages of HoG system include:
Industrial & Maritime Clusters and
RAUSIAS-TS20E1034 9
(i) Reduction in noise- from 100dB noise incorporated as a “Not for Profit”
to noiseless; Company under the provisions of the
(ii) Significant reduction of CO2 (over Companies Act, 2013, with an
2500 Ton) and NOX (over 10 Ton) intention to provide infrastructure to
emissions till now; the entire banking system in India for
(iii) Reduced diesel consumption, leading physical, as well as electronic
to huge savings in operational costs, payment and settlement systems.
to the tune of over Rs.1100 crores per  The NPCI is focused on bringing
annum; and innovations in the retail payment
(iv) Economical-EoG power Rs. 22/unit; systems, through the use of
HoG power Rs. 6/unit. technology for achieving greater
efficiency in operations and widening
the reach of payment systems.
29. Answer: (d)
 The NPCI has developed the National
Explanation:
Electronic Toll Collection (NETC)
 Basel II is the second international programme to meet the electronic
banking regulatory accord that is tolling requirements of the Indian
based on three main pillars: minimal market. It offers an interoperable
capital requirements, regulatory nationwide toll payment solution,
supervision and market discipline. including clearing house services for
 Minimal capital requirements play the settlement and dispute management.
most important role in Basel II and Interoperability, as it applies to the
obligate the banks to maintain National Electronic Toll Collection
minimum capital ratios of regulatory (NETC) system, encompasses a
capital over risk-weighted assets. common set of processes, business
 Because banking regulations rules and technical specifications,
significantly varied among countries which enable a customer to use their
before the introduction of the Basel FASTag as payment mode on any of
accords, a unified framework of Basel the toll plazas, irrespective of who has
I and, subsequently, Basel II helped acquired the toll plaza.
countries alleviate anxiety over
regulatory competitiveness and 31. Answer: (a)
drastically different national capital
Explanation:
requirements for the banks.
 Pareto's efficiency is defined as an
economic situation, when the
30. Answer: (a) circumstances of one individual
Explanation: cannot be made better without
 The National Payments Corporation of making the situation worse for
India (NPCI), an umbrella organization another individual. Pareto's efficiency
for operating retail payments and takes place when the resources are
settlement systems in India, is an most optimally used. Pareto's
initiative of the Reserve Bank of India efficiency was theorized by the Italian
(RBI) and the Indian Banks’ economist and engineer Vilfredo
Association (IBA), under the Pareto.
provisions of the Payment and  It is a purely economic concept and
Settlement Systems Act, 2007, for has no relationship with the concept
creating a robust “Payment and of equal or fair utilization of resources.
Settlement Infrastructure” in India. It has wide applications in the field of
 Considering the utility nature of the economics and engineering.
objects of the NPCI, it has been
 It is the final optimum solution 34. Answer: (b)
beyond which any change would Explanation:
directly lead to loss in the allocation of • According to the Monetary Policy
resources. Pareto's efficiency is, thus, Framework Agreement of 2015 the
the complete solution in itself. inflation target is set every 5 years by
However, it is almost impossible to the government in consultation with
achieve. RBI at the beginning of the term of
MPC.
32. Answer: (d) • The current target set by the
Explanation: government is to keep CPI at 4%+/-
 A reduction in money supply or credit 2% during the period 2016-21.
availability is the reason for deflation
in most cases. Reduced investment 35. Answer: (b)
spending by the government or Explanation:
individuals may also lead to this • External benchmarking refers to
situation. Deflation leads to a problem linking the lending rates of the banks
of increased unemployment due to to an external benchmark, like the
slack in demand. repo rate, government security yield
 The central banks aim to keep the rate or any other benchmark.
overall price level stable by avoiding • The Reserve Bank of India (RBI) has
situations of severe recently made it mandatory for the
deflation/inflation. They may infuse a banks to link their lending rates to an
higher money supply into the external benchmark rate.
economy to counter- balance the
• Till October 2019, the banks used to
deflationary impact. In most cases, a
set their lending rates based on the
depression occurs when the supply of
“marginal cost of funds-based lending
goods is more than that of money.
rate” (MCLR) system. However, it was
 Deflation is different from disinflation, recently found that the MCLR system
as the latter implies decrease in the did not allow for effective transmission
level of inflation, whereas on the other of rate cuts to the customers.
hand, deflation implies negative
• Thus, the RBI decided to mandate a
inflation.
switch-over to an external benchmark
for lending rates for better monetary
33. Answer: (d) policy transmission.
Explanation:
 Soft currency is also known as weak 36. Answer: (b)
currency due to its unstable nature. Explanation:
Such currencies mostly exist in About the National Pension Scheme:
developing countries with relatively
• The National Pension Scheme (NPS)
unstable governments.
was launched in 2004 with the
 Soft currencies cause high volatility in objective of providing retirement
exchange rates as well, making them income to all the citizens.
undesirable by foreign exchange
• While it was introduced for new
dealers. These currencies are the least
government recruits, from 2009, NPS
preferred for international trade or
is applicable to all citizens from 18-60
holding reserves.
years of age.
 Zimbabwean dollar is a classic
• Besides, NPS-Lite, also called
example of soft currency.
‘Swavalamban’ was launched in 2010
for the unorganized sector, which is • Inflation targeting under the Monetary
now replaced with the Atal Pension Policy Framework is mid-term target
Yojana. and thus, considered as a structural
• The Pension Fund Regulatory and reform, while the changes in the policy
Development Authority (PFRDA) is rates done by the Reserve Bank of
responsible for the administration of India (RBI) bi-monthly is considered
the NPS. as a short term measure, aimed at
Accounts under NPS liquidity management and thus,
The NPS offers 2 accounts, including categorized as cyclical reform.
Tier–I and Tier-II accounts. • Similarly, while the Insolvency and
Tier I account: Bankruptcy Code (IBC), aimed at
• Focuses on retirement savings as the stabilizing the financial system in the
goal. long-term, strategic disinvestment is
• It is non-withdrawable and provides considered as a long-term shift
tax benefits under section 80C. towards privatization and hence,
Tier II account: categorized as structural reform.
• This is meant for investment • Infusion of capital in the banks is a
purposes. step towards spurring credit growth in
• It is a voluntary market-linked the economy and thus, is considered
investment vehicle. short-term.
• No tax benefits under section 80C.
• The subscriber is free to withdraw 38. Answer: (b)
savings from this account. Explanation:
• The tier-II amount can be allocated • According to the Monetary Policy
into four asset classes, including: Framework Agreement of 2015, the
1. Equity (E) – double digit returns, but target inflation under the current
high risk. Monetary Policy Framework is
2. Corporate Bonds (C) – high returns “headline inflation”, as measured by
with risk of default. the Consumer Price Index (CPI).
3. Government Bonds (G) – moderate • CPI reflects the prices of the essential
returns with low risk. goods at the consumption level and
4. Alternative Investment Funds, such as thus, also called retail inflation. Since
private equity funds, real estate ‘price stability’ is the primary target of
investment trusts (REITs), the Monetary Policy Framework, the
Infrastructure Investment Trusts Reserve Bank of India (RBI) targets
(InvITs) – high risk high return ‘headline inflation’. Besides, headline
inflation hurts people in lower-income
37. Answer: (c) groups more, as they spend a higher
Explanation: proportion of their incomes on these
• Structural reforms are those steps items. Therefore, targeting headline
which are aimed at bringing in inflation is the appropriate choice.
permanent long-term changes in the • ‘Core inflation’, which represents the
economy and more often called as structural inflation, is that part of
‘factor reforms’. ‘headline inflation’ which excludes the
• Cyclical reforms, on the other hand, effects of seasonal factors on increase
are more short-term, temporary aimed in price level, like fluctuations in the
at countering the trends of slowdown price of food and energy.
in the economy.
39. Answer: (c) of retail traders/ shopkeepers and self-
Explanation: employed persons, whose annual
The Ministry of Coal has signed an turnover is not exceeding Rs. 1.5 crore.
allotment agreement with the West These retail traders/ shopkeepers and
Bengal Power Development Corporation self-employed persons are mostly working
Limited (WBPDCL) regarding the Deocha- as shop owners, retail traders, rice mill
Pachami-Dewanganj-Harinsingha coal owners, oil mill owners, workshop
block. The agreement was signed on owners, commission agents, brokers of
September 16, 2019. real estate, owners of small hotels,
restaurants and other Laghu Vyaparis.
Under the provisions of the Coal Blocks
Allocation Rules, 2017, the WBPDCL has Eligibility Criteria
been allocated the Deocha-Pachami-  Should be a retail trader/ shopkeeper
Dewanganj-Harinsingha coal block. The or self-employed person.
coal block is located in Birbhum district  Entry age between 18 and 40 years.
of West Bengal and covers an area of  Annual turnover is Rs. 1.5 crore or
12.28 sq km, with estimated reserves of below.
2102 million tonnes for generation of
Should not be
power. The Coal Blocks Allocation Rules,
 engaged in the organized sector
2017 were made under the Mines and
(membership of Employees’ Provident
Minerals (Development and Regulation)
Fund-EPF/ National Pension Scheme-
Act, 1957.
NPS/ Employees’ State Insurance
The Deocha-Pachami-Dewanganj-
Corporation-ESIC);
Harinsingha coal mine is the 2nd largest
coal mine in the world, with an estimated  a beneficiary of Pradhan Mantri
reserve of 2102 million tonnes. Shram Yogi Maan-dhan (PM-SYM)
Yojana and
 an income tax payer.
40. Answer: (c)
He/she should possess
Explanation:
 Aadhaar card
The Ministry of Commerce and Industry,
through the Export Credit Guarantee  Savings Bank Account / Jan Dhan
Corporation of India (ECGC), has Account number with IFSC
introduced a new Export Credit Insurance Features: It is a voluntary and
Scheme (ECIS), called NIRVIK, to enhance contributory pension scheme, under
loan availability and ease the lending which the subscriber would receive a
process. minimum assured pension of Rs. 3,000/-
Key features of the scheme: per month after attaining the age of 60
Insurance cover guaranteed will cover up years and if the subscriber dies, the
to 90% of the principal and interest. spouse of the beneficiary shall be entitled
to receive 50% of the pension as family
The increased cover will ensure that
pension. Family pension is applicable
foreign and rupee export credit interest
only to spouse.
rates are below 4 percent and 8 percent,
respectively, for the exporters. Contribution by the retail traders/
shopkeepers and self-employed persons:
The insurance cover will include both pre
Through ‘auto-debit’ facility from his/ her
and post-shipment credit.
savings bank account/ Jan- Dhan
account from the date of joining NPS-
41. Answer: (c) Traders till the age of 60 years. The
Explanation: Central Government will also give equal
The National Pension Scheme is meant matching contribution in his/her pension
for old age protection and social security account.
42. Answer: (a)  Size of realized equity: Keeping in
Explanation: mind RBI’s role as the monetary
A six-member panel, under the former authority and the lender of the last
RBI Governor, Bimal Jalan was appointed resort, the realized equity will also be
on December 26, 2018, to review the required to cover credit risk and
Economic Capital Framework (ECF) for operational risk. This risk
the Reserve Bank of India, after the provisioning, made primarily from
Finance Ministry wanted the central bank retained earnings, is cumulatively
to follow global best practices and referred to as the Contingent Risk
transfer more surpluses to the Buffer (CRB) and has been
government. recommended to be maintained within
The Committee’s recommendations were a range of 6.5 per cent to 5.5 per cent
guided by the fact that the RBI forms the of the RBI’s balance sheet, comprising
5.5 to 4.5 per cent for monetary and
primary bulwark for monetary, financial
financial stability risks, and 1.0 per
and external stability. Hence, the
cent for credit and operational risks.
resilience of the RBI needs to be
commensurate with its public policy  Surplus distribution policy: The
objectives and must be maintained above Committee has recommended a
the level of peer central banks, as would surplus distribution policy that
be expected of a central bank of one of targets the level of realized equity to
the fastest growing large economies of the be maintained by the RBI, within the
world. overall level of its economic capital,
Major recommendations of the vis-à-vis the earlier policy, which
Committee: targeted total economic capital level
alone. Only if the realized equity is
 RBI’s economic capital: After
above its requirement, will the entire
reviewing the status, need and
net income be transferable to the
justification, the Committee
Government. If it is below the lower
recommended its continuance.
bound of requirement, only the
Maintaining a distinction between
residual net income (if any) will be
realized equity and revaluation
transferred to the Government.
balances, it was recommended that
the realized equity could be used for
meeting all risks/ losses, while 43. Answer: (c)
revaluation balances could be Explanation:
reckoned only as risk buffers against  A joint venture company, namely
market risks, as they represented Khanij Bidesh India Ltd. (KABIL) is to
unrealized valuation gains and hence, be set up with the participation of
were not distributable. three Central Public Sector
 Risk provisioning for market risk: Enterprises, namely, National
The Committee has recommended the Aluminium Company Ltd (NALCO),
adoption of the Expected Shortfall Hindustan Copper Ltd. (HCL) and
(ES) methodology under stressed Mineral Exploration Corporation Ltd.
conditions for measuring the RBI’s (MECL).
market risk. While the central banks  The objective of constituting KABIL is
are seen to be adopting ES at 99 per to ensure a consistent supply of
cent confidence level (CL), the critical and strategic minerals to the
Committee recommended the adoption Indian domestic market.
of a target of ES 99.5 per cent CL,  While KABIL would ensure mineral
keeping in view the macro-economic security of the nation, it would also
stability requirements.
help in realizing the overall objective Rights of consumers: Consumer rights
of import substitution. have been defined in the Bill, including
 KABIL would carry out identification, the right to: (i) be protected against
acquisition, exploration, development, marketing of goods and services which
mining and processing of strategic are hazardous to life and property; (ii) be
minerals overseas for commercial use informed of the quality, quantity, potency,
and meeting country's requirement of purity, standard and price of goods or
these minerals. services; (iii) be assured of access to a
variety of goods or services at competitive
 The new company will help in building
partnerships with other mineral rich prices; and (iv) seek redressal against
unfair or restrictive trade practices.
countries, like Australia and those in
Africa and South America, where Central Consumer Protection
Indian expertise in exploration and Authority: The central government will
mineral processing will be mutually set up a Central Consumer Protection
beneficial bringing about new Authority (CCPA) to promote, protect and
economic opportunities. enforce the rights of the consumers. It
will regulate matters related to violation of
 The equity participation between
consumer rights, unfair trade practices
NALCO, HCL and MECL is in the ratio
and misleading advertisements. The
of 40:30:30.
CCPA will have an investigation wing,
 The sustained source of mineral and
headed by a Director-General, which may
metal commodities is imperative for
conduct inquiry or investigation into such
the transportation and manufacturing
violations.
segment.
CCPA will carry out the following
 Further, segments like aviation, functions, including: (i) inquiring into
defence and space research also violations of consumer rights,
require minerals with lower weight investigating and launching prosecution
and high mechanical strength. at the appropriate forum; (ii) passing
 Among such, twelve minerals have orders to recall goods or withdraw
been identified as strategic minerals, services that are hazardous,
which have meagre resource base, of reimbursement of the price paid and
which Lithium and Cobalt are discontinuation of the unfair trade
significant. practices, as defined in the Bill; (iii)
issuing directions to the concerned trader
44. Answer: (d) / manufacturer / endorser / advertiser /
Explanation: publisher to either discontinue a false or
misleading advertisement, or modify it;
The Consumer Protection Bill, 2019 was
(iv) imposing penalties, and; (v) issuing
introduced to replace the Consumer
safety notices to the consumers against
Protection Act, 1986. Key features of the
unsafe goods and services.
Bill include:
Penalties for misleading
Definition of consumer: A consumer is
advertisement: The CCPA may impose a
defined as a person who buys any goods
penalty on a manufacturer or an endorser
or avails a service for a consideration. It
of up to Rs. 10 lakh and imprisonment for
does not include a person who obtains a
up to two years for a false or misleading
goods for resale or a goods or service for
advertisement. In case of a subsequent
commercial purpose. It covers
offence, the fine may extend to Rs 50 lakh
transactions through all modes, including
and imprisonment of up to five years.
off-line and on-line through electronic
means, tele-shopping, multi-level CCPA can also prohibit the endorser of a
marketing or direct selling. misleading advertisement from endorsing
that particular product or service for a • After completion of data collection and
period of up to one year. For every processing, the statistical results of
subsequent offence, the period of the census would be released.
prohibition may extend to three years.
However, there are certain exceptions
when an endorser will not be held liable 46. Answer: (d)
for such a penalty. Explanation:
Consumer Disputes Redressal  The notification for setting up a SEZ is
Commission: Consumer Disputes issued by the Ministry of Commerce
Redressal Commissions (CDRCs) will be and Industry.
set up at the district, state and national  Tripura’s first SEZ will be established
levels. A consumer can file a complaint at Jalefa, Sabroom, South Tripura
with CDRCs in relation to: (i) unfair or District.
restrictive trade practices; (ii) defective  Sabroom is about 130 km away from
goods or services; (iii) overcharging or Agartala. This SEZ will be an agro-
deceptive charging; and (iv) the offering of based food processing sector specified
goods or services for sale which may be economic zone.
hazardous to life and safety.
 This project will help hundreds of
Product liability: Product liability means native people to get employment and
the liability of a product manufacturer, provide an opportunity to learn new
service provider or seller to compensate a technologies in the agro-based food
consumer for any harm or injury caused processing sector.
by a defective goods or deficient service.
To claim compensation, a consumer has
47. Answer: (c)
to prove any one of the conditions for
defect or deficiency, as given in the Bill. Explanation:
 The Parliament has passed the
45. Answer: (b) International Financial Services
Centres Authority Bill, 2019, towards
Explanation:
setting up a unified authority to
The Ministry of Statistics and Programme regulate all financial services in IFSCs
Implementation (MoSPI) conducts the in the country.
Economic Census.
 An IFSC caters to the customers
It counts all entrepreneurial and
outside the jurisdiction of the
commercial units in India that are
domestic economy. Such centres deal
involved in any economic activities. It can
with flows of finance, financial
be agricultural or non-agricultural sector
products and services across borders.
involved in producing or distributing
London, New York and Singapore can
goods or providing services not for the
be counted as global financial centres.
sole purpose of own consumption.
The first IFSC in India has been set
7th Economic Census Method – up at (Gujarat International Finance
• Officials will visit door-to-door to Tec-City) the GIFT City, in Gujarat’s
conduct survey of each household and Gandhinagar. IFSCs can be set up in
commercial establishment. an SEZ or as an SEZ after approval
• The data collected by the enumerators from the centre.
will be verified by supervisors in  It will set up world class unified
subsequent visit to the concerned regulator for international financial
household and establishments. services combining powers and
functions of the Reserve Bank of India
(RBI), Securities and Exchange Board
of India (SEBI), the Insurance Municipalities in the state on the
Regulatory and Development basis of the recommendations made
Authority of India (IRDAI) and Pension by the Finance Commission of the
Fund Regulatory and Development state;
Authority (PFRDA).  any other matter referred to the
 According to the Bill, the authority Commission by the President in the
comprises a chairperson and one interests of sound finance.
member each nominated by the RBI), The Commission determines its procedure
SEBI, IRDAI and PFRDA. There will and have such powers in the performance
also be two members from the central of their functions as the Parliament may,
government and full-time or part-time. by law, confer on them.
The Finance Commission is appointed by
48. Answer: (d) the President under Article 280 of the
Explanation: Constitution. As per the provisions
The Finance Commission is constituted contained in the Finance Commission
by the President under Article 280 of the (Miscellaneous Provisions) Act, 1951 and
Constitution, mainly to give its The Finance Commission (Salaries &
recommendations on distribution of tax Allowances) Rules, 1951, the Chairman of
revenues between the Union and the the Commission is selected from among
states, and amongst the states the persons who have had experience in
themselves. Two distinctive features of public affairs and the four other members
the Commission’s work involve redressing are selected from among the persons who
the vertical imbalances between the –
taxation powers and expenditure (a) are, or have been, or are qualified to
responsibilities of the centre and the be appointed as Judges of a High
states respectively, and equalization of all Court; or
public services across the states. (b) have special knowledge of the finances
It is the duty of the Commission to make and accounts of the Government; or
recommendations to the President as to (c) have had wide experience in financial
— matters and in administration; or
 the distribution between the Union (d) have special knowledge of economics
and the states of the net proceeds of The recommendations of the Finance
taxes which are to be, or may be, Commission are implemented as under:
divided between them and the Those to be implemented by an order of
allocation between the states of the the President:
respective shares of such proceeds;
 The recommendations relating to
 the principles which should govern distribution of Union Taxes and
the grants-in-aid of the revenues of Duties and Grants-in-aid fall in this
the states out of the Consolidated category.
Fund of India;
Those to be implemented by executive
 the measures needed to augment the orders:
Consolidated Fund of a state to  Other recommendations to be made
supplement the resources of the by the Finance Commission, as per its
Panchayats in the state on the basis Terms of Reference.
of the recommendations made by the
 The First Finance Commission was
Finance Commission of the State;
constituted vide a Presidential Order,
 the measures needed to augment the
under the chairmanship of Shri K.C.
Consolidated Fund of a state to Neogy in 1952.
supplement the resources of the
 The 15th Finance Commission will  While speaking at the Eastern
submit its report covering a period of Economic Forum, the Prime Minister
five years, commencing from 1st April, made a landmark announcement. The
2020. Prime Minister announced that India
 The ‘Terms of Reference’ include the would be giving 1-billion-dollar
measures needed to augment the worth 'Line of Credit' for
Consolidated Fund of a State to the development of the Far East. This
supplement the resources of the is the first time that India would be
Panchayats and municipalities in the giving line of credit to an area of
state. another country.
49. Answer: (d) 51. Answer: (b)

Explanation: Explanation:
 The Credit Linked Subsidy Scheme  India and the United States, in 2019,
for EWS/LIG: Beneficiaries of committed to boosting co-operation in
economically weaker section (EWS) tackling money laundering and
and low income group (LIG) seeking combating terrorism financing. This
housing loans from banks, Housing was decided during the 7th meeting of
Finance Companies and other such the Economic and Financial
institutions would be eligible for an Partnership (EFP) between the top
interest subsidy at the rate of 6.5% for officials of the two countries.
a tenure of 20 years or during the  In a joint statement issued after the
tenure of the loan, whichever is lower. meeting, both Indian and US officials
 Credit linked subsidy would be noted that their relationship has
available for housing loans availed for strengthened over time as both sides
new construction and addition of have developed a holistic approach to
rooms, kitchen, toilet etc. to the tackle money laundering and combat
existing dwellings, as incremental the financing of terrorism, which are
housing. the issues of shared concern.
 The carpet area of houses being
constructed under this component of 52. Answer: (c)
the mission should be upto 30 square Explanation:
metres and 60 square metres for EWS  RuPay card: India signed an
and LIG, respectively, in order to avail agreement with Saudi Arabia in
of this credit linked subsidy. The October 2019 to launch the RuPay
beneficiary, at his/her discretion, can card in the country. An MoU
build a house of larger area, but (Memorandum of Understanding) was
interest subvention would be limited signed to formalize the same between
to first Rs. 6 lakhs only. the National Payments Corporation of
India (NPCI) and Saudi Payments.
50. Answer: (b)  The RuPay card is the first-of-its-kind
Explanation: Indian domestic debit and credit card
 The Eastern Economic payment network. It is accepted at
Forum: Prime Minister Narendra Modi ATMs, POS (Point of Sale) devices as
attended the 5th Eastern Economic well as the various e-commerce
Forum at Vladivostok, Russia as websites.
its chief guest, at the special invitation  The RuPay card enables electronic
of the Russian President Vladimir payment at all Indian banks and
Putin. financial institutions. The cost per
transaction is low with RuPay card in  The NSG was founded in response to
comparison to the foreign card the Indian nuclear test in May 1974
schemes. The payment system is also and first met in November 1975. The
highly secure and protects the users test demonstrated that certain non-
against cyber-hacks. weapons specific nuclear technology
 Besides this, NPCI has tied up with could be readily turned to weapons
international companies, like Japan development.
Credit Bureau; China UnionPay; and  India's membership issue was not on
Discover to boost the RuPay card the agenda of the Nuclear Suppliers
scheme’s international acceptance. Group's meeting in Astana as it
 RuPay has several agreements with declined to give a timeline to reach a
other international payment networks. "consensus" among member states on
Some major examples include: JCB the participation of non-NPT (Non-
(Japan Credit Bureau) in Japan, Proliferation Treaty) members in the
Network for Electronic Transfers elite grouping. China has repeatedly
(NETS) in Singapore, UnionPay in blocked India's entry into the 48-
China, BC Card in South Korea, Elo in member grouping, which regulates the
Brazil, DinaCard in Serbia. global nuclear commerce. Ever since
India applied for the membership of
the NSG in May 2016, China has been
53. Answer: (c)
insisting that only those countries,
Explanation:
which have signed the Non-
 A geographical indication (GI) is a sign Proliferation Treaty (NPT), should be
used on products that have a specific allowed to enter the organization.
geographical origin and possess
 India and Pakistan are not signatories
qualities or a reputation that are due
of the NPT. After India's application,
to that origin.
Pakistan too has applied for the NSG
 In order to function as a GI, a sign membership in 2016.
must identify a product as originating
 Presently, neither India nor Pakistan
in a given place.
is NSG members.
 In addition, the qualities,
characteristics or reputation of the
55. Answer: (a)
product should be essentially due to
the place of origin. Since the qualities Explanation:
depend on the geographical place of Libra is a permissioned blockchain digital
production, there is a clear link currency proposed by the American social
between the product and its original media company Facebook, Inc.
place of production. The currency and network do not yet
exist, and only rudimentary experimental
54. Answer: (c) code has been released. The launch is
planned to be in 2020.
Explanation:
 The Nuclear Suppliers Group (NSG) is
56. Answer: (b)
a multilateral export control regime
and a group of nuclear supplier Explanation:
countries that seek to prevent nuclear A person is declared as a “fugitive
proliferation by controlling the export economic offender” (FEO) if:
of materials, equipment and (i) an arrest warrant has been issued
technology that can be used to against him for any specified offences,
manufacture nuclear weapons. where the value involved is over Rs
100 crore, and
(ii) he has left the country and refuses to  It also provides them with alternate
return to face prosecution. dispute resolution mechanism with
 The person who is declared as a respect to transfer pricing.
fugitive economic offender can  It helps in determining arm’s length
challenge the proclamation in the price of international transactions in
High Court within 30 days of such advance for maximum period of 5
declaration, according to the Fugitive future years.
Economic Offenders Act, 2018.  The scheme aims to strengthen
Government’s resolve of fostering non-
57. Answer: (d) adversarial tax regime. It has
significantly contributed towards
Explanation:
improving ease of doing business in
 Virtual ID (VID) is a temporary, India.
revocable 16-digit random number
 Benefits of APA-APAs may give
mapped with the Aadhaar number.
certainty to taxpayers, reduce
 VID can be used in lieu of the disputes, enhance tax revenues
Aadhaar number, whenever and make the country an
authentication or e-KYC services are attractive destination for foreign
performed. Authentication may be investments.
performed using VID in a manner  These agreements would be binding
similar to using Aadhaar number. It is both on the tax payer, as well as
not possible to derive Aadhaar the government. Similarly, it will
number from VID. reduce complaints and litigation
 At present, the VID is valid for a costs.
minimum of one day, which means an
Aadhaar holder would be able to re- 59. Answer: (d)
generate a new VID a day after he has Explanation:
generated the first one. Further, there  SARAS Aajeevika Mela is an initiative
is no expiry period defined yet for the by the Deendayal Antyodaya Yojana-
VID and it will be valid till the time a National Rural Livelihoods Mission
new one is generated by the Aadhaar (DAY-NRLM), Ministry of Rural
number holder. Development (MoRD), Government of
India.
58. Answer: (c)  Its objective is to bring the rural
Explanation: women Self Help Groups (SHGs)
formed with support of DAY-NRLM,
 The Advance Pricing Agreement (APAs)
under one platform to show-case their
scheme, launched by the Government,
skills, sell their products and help
endeavours to provide certainty to
them build linkages with bulk buyers.
taxpayers in domain of transfer
 Through participation in SARAS
pricing by specifying methods of
Aajeevika Mela, these rural SHG
pricing and setting prices of
women get vital national level
international transactions in advance.
exposure to understand the demand
 The scheme gives certainty to MNCs and taste of urban customers. The
(Multi-National Companies) that agree Mela is organised by the marketing
on certain principles in valuation of arm of the Ministry, Council for
their cross-border transactions. Advancement of People’s Action and
Rural Technology (CAPART).
60. Answer: (a) Mumbai, Kolkata, Pune, Ahmedabad
Explanation: and Hyderabad.
 GFTAM was created in 2002 to raise,  The system generated uses digital
manage and invest the world’s money technology for risk management.
to respond to three of the deadliest Artificial intelligence, automated
infectious diseases the world has ever examination tools and machine
known, viz.m AIDS, TB and malaria. learning are predominantly used in
 It aims to attract, leverage and invest framing the system.
additional resources to end epidemics
of HIV/AIDS, tuberculosis and 62. Answer: (b)
malaria to support attainment of the Explanation:
Sustainable Development Goals  The World Gold Council (WGC) is an
(SDGs) established by the United independent agency tracking and
Nations. Its secretariat is in Geneva, analysing gold trade globally at the
Switzerland. wholesale level. Its headquarter is in
 GFTAM is a financing mechanism, London. The WGC covers the markets
rather than an implementing agency. which comprise about three-quarters
It is also the world’s largest financier of the world’s annual gold
of AIDS, TB and malaria prevention, consumption.
treatment and care programmes.  As per the World Gold Council's data,
 Recently, donors from across the India has 618.2 tonnes of gold as
world, including governments, holdings, which is 6.9 per cent of the
philanthropists and private firms, share held in gold in total foreign
have pledged just over $14 billion for reserves.
the next three years to save 16 million  United States (US) has the largest
lives and help end AIDS, tuberculosis holding with 8133.5 tonnes, followed
and malaria by 2030. by Germany with 3366 tonnes and the
 It was promised at the Sixth International Monetary Fund (IMF)
Replenishment Conference of Global with 2814 tonnes.
Fund to fight against AIDS,  According to the latest report by the
tuberculosis and malaria (GFTAM), World Gold Council (WGC), India is
held in Lyon, France. the world’s largest consumer of gold.
 As per World Gold Council report, of
61. Answer: (a) all the countries, India has 10th
Explanation: largest gold reserves in the world.
 NeAC (The National e-Assessment
Centre) will be an independent office 63. Answer: (a)
that will look after the work of e- Explanation:
Assessment scheme which is recently
• Rupee is said to depreciate relative to
notified for faceless e-assessment for
dollar when the demand for rupee
the income tax payers.
falls down compared to that of dollar.
 The scheme aims at removing physical
• Thus, as more Indians go abroad for
interface between the assessing officer higher studies, the demand for dollars
and the tax payer.
increases, thus, leading to
 The NeAC is in Delhi, to be headed by depreciating rupee.
the Principal Chief Commissioner of • More foreign nationals coming to India
Income Tax.
for medical treatment ensures more
 The regional e-Assessment Centres inkling dollars and, thus, low demand
are to be established in Chennai,
for dollars, leading to appreciating 65. Answer: (a)
rupee compared to dollar. Explanation:
• Currency war between the US dollar • “Fiscal Consolidation” refers to steps
and the Chinese Renminbi has no taken towards better fiscal health of
direct correlation with the Indian the economy by reducing fiscal deficit.
rupee. It includes all steps that aim at
increasing tax revenue and cutting
down government expenditure.
64. Answer: (c)
• Creation of Alternative Investment
Explanation: Fund involves increased expenditure
• The Exchange-Traded Funds (ETF) is by the Government. Hence, it involves
a fund that is created by pooling fiscal expansion and not fiscal
together assets and then dividing this consolidation.
cumulated asset into individual units,
that are traded on the stock exchange. 66. Answer: (c)
• The value of the ETF comes from the Explanation:
value of the underlying assets (shares • Open Market Operation (OMO) is a
of stock, bonds, foreign currency, monetary policy tool to manage
etc.). liquidity in the medium term, under
which the Reserve Bank of India (RBI)
• These ETFs are listed in the stock
sells and buys government securities
exchanges, similar to shares and can at repo rate.
be traded like ordinary shares.
• Recently, under ‘Operation Twist’ the
• Recently, the Cabinet Committee on RBI conducted open market
Economic Affairs has approved for the operations to manage the yields of
establishment of the Bharat Bond long-term government securities.
Exchange Traded Fund (ETF) to create
an additional source of funding for the 67. Answer: (a)
Central Public Sector Undertakings Explanation:
(CPSUs); the Central Public Sector • Recently, the Reserve Bank of India
Enterprises (CPSEs); the Central (RBI) decided to conduct ‘Operation
Public Financial Institutions (CPFIs); Twist’ through simultaneous purchase
and other Government organizations. and sale of government securities
• The Bharat Bond ETF would be the under Open Market Operations
first Corporate Bond ETF in the (OMOs) for Rs 10,000 crore each.
country. • Operation Twist is the name given to a
US Federal Reserve Monetary Policy
Features of the Bharat Bond ETF:
Operation, which involves the
• ETF will be a basket of bonds issued purchase and sale of government
by CPSEs/CPSUs/CPFIs/any other securities to boost the economy by
Government organizations. The Bonds bringing down long-term interest
are tradable on the secondary market. rates.
• Small unit size Rs 1,000 to attract • Recently, the RBI undertook Open
retail investors. Market Operation, dubbed Operation
Twist that involved purchase of long-
• Each ETF will have a fixed maturity
term bonds and sale of short-term
date with 2 maturity series, 3 years
bonds. This is expected to lower
and 10 years.
longer-term yields, which will help
boost the economy by making retail
loans less expensive, especially possible earlier due to lack of enabling
homes, cars etc., as business rules. The rules envisage creation of
investment and housing demand were satellite gateway within India for
primarily determined by longer-term providing telecom services in aircraft
interest rates. and ships through Indian licensed
68. Answer: (c) service providers. Further, the Indian
Explanation: satellite bandwidth has to be utilised.
If a foreign satellite is used, it has to
 Opportunity cost refers to what you
be approved by the Indian Space
have to give up to buy what you want
Research Organization (ISRO).
in terms of other goods or services.
 Only the authorized IFMC (in-flight
 A concrete example of opportunity
and maritime connectivity) service
cost can make the idea easier to
provider can provide wireless voice or
understand. Consider the owner of a
data or both type of services on ships
building who decides that his vacant
within the Indian territorial waters
first-floor space will become a
and on aircraft within or above India
restaurant. The opportunity cost of
or the Indian territorial waters.
making such a decision is that the
space can no longer be used for a
different purpose, such as a retail 70. Answer: (a)
store or an office space that is rented Explanation:
to another party.  India is currently the sixth largest
 Opportunity cost is tied to the concept producer of natural rubber (NR) in the
of risk and can be viewed through that world, with one of the highest
lens. Opportunity cost is, in many productivity. The production capacity
ways, another way of describing the in India is around 9,00,000 tonnes, of
relative risks of choosing one option which around 75% is tapped.
over another. The risk of one option  Traditional rubber-growing states
providing a better or worse return comprising Kerala and Tamil Nadu
than another is at the heart of the account for 81% of production.
concept.  Major non-traditional rubber growing
 One important part of the overall regions are the north-eastern states of
concept to note is that opportunity Tripura, Assam and Meghalaya;
cost may end up being positive or Odisha, Karnataka, Maharashtra and
negative. West Bengal. Sheet rubber is the most
preferred form of processing,
69. Answer: (b) accounting for around 70% of
Explanation: processed rubber.
 In a major policy decision, the  Block rubber and latex comprise17%
Department of Telecommunications, and 12%, respectively of rubber
Ministry of Communications had production in the country. India is the
notified the Flight and Maritime 2nd largest consumer of NR globally
Connectivity (FMC) Rules, 2018, in with current consumption of around
2018, permitting voice and data 1.1 million tonnes. Sheet rubber,
service provisioning in flights and block rubber and latex account for
ships. 47%, 43% and 8%, respectively in NR
consumption.
 The policy intent of the Government is
to open the airspace and territorial  Around 40% of the total NR
waters for telecommunication services consumption in India is, at present,
for general public, which was not met from import of rubber. 68% of NR
consumption in India is in the incentivizing the surplus banks to lend
automotive tyre sector. more to these sectors.
 The Rubber Act, 1947 provides for the  There are only four eligible categories
development of the rubber industry of PSLCs, viz., PSLC General; PSLC
under the control of the Union. The Small and Marginal Farmers; PSLC
Rubber Board, headquartered at Agriculture; and PSLC Micro
Kottayam, Kerala, under the Enterprises.
administration of the Ministry of  The Reserve Bank of India (RBI)
Commerce and Industry, has been issued instructions on trading in
effectively supporting the rubber Priority Sector Lending Certificates.
industry. RBI also launched a platform to
enable trading in the certificates
71. Answer: (b) through its Core Banking Solution
Explanation: (CBS) portal (e-Kuber). All Scheduled
Commercial Banks
Greenwashing is the process of conveying
(including Regional Rural Banks);
a false impression or providing misleading
Urban Co-operative Banks; Small
information about how a company's
Finance Banks (when they become
products are more environmentally
operational); and Local Area
sound. Greenwashing is considered an
Banks are eligible to participate in the
unsubstantiated claim to deceive
trading.
consumers into believing that a
company's products are environmentally
friendly. 73. Answer: (b)
For example, companies involved in Explanation:
greenwashing behaviour might make The Kisan Credit Card Scheme aims at
claims that their products are from providing adequate and timely Credit for
recycled materials or have energy-saving the comprehensive credit requirements of
benefits. Although, some of the the farmers under single window for their
environmental claims might be partly cultivation and other needs as indicated
true, companies engaged in greenwashing below:
typically exaggerate their claims or the  To meet the short term credit
benefits in an attempt to mislead requirements for cultivation of crops;
consumers.  Post-harvest expenses;
Greenwashing is a play on the term  Produce marketing loan;
"whitewashing," which means using
 Consumption requirements of the
misleading information to gloss over bad
farmer household;
behaviour.
 Working capital for the maintenance
of farm assets, activities allied to
72. Answer: (c) agriculture, like dairy animals, inland
Explanation: fishery and also working capital
Priority Sector Lending Certificates required for floriculture, horticulture
(PSLCs) are tradable certificates issued etc.;
against priority sector loans of banks, so  Investment credit requirement for
as to enable banks to achieve their agriculture and allied activities, like
specified target and sub-targets for pump sets, sprayers, dairy animals,
priority sector lending through purchase floriculture, horticulture etc.; and
of these instruments in the event of a  Short term credit requirements of
shortfall and, at the same time, rearing of animals, birds, fish, shrimp,
other aquatic organisms and capture might seek, access to international
of fish. capital markets in providing their
Eligibility economic and financial data to the
 All farmers-individuals/ joint public.
borrowers, who are the owner  It is a global benchmark for
cultivators. disseminating macro-economic
 Tenant farmers, oral lessees and statistics to the public. SDDS
share croppers etc. subscription indicates that a country
meets the test of “good statistical
 SHGs (Self Help Groups) or Joint
citizenship.”
Liability Groups of farmers, including
tenant farmers, share croppers etc.  The SDDS Guide for Subscribers and
 Farmers related to inland fisheries Users contains details on
and aquaculture, marine fisheries, commitments undertaken by a
poultry and small ruminant and dairy subscriber, and is available on the
sector. DSBB. Countries that subscribe to the
SDDS agree to follow good practices in
Interest subvention: The farmers can
four areas: the coverage, periodicity,
avail interest subvention of short term
and timeliness of data; public access
agri-credit on loans taken even beyond
to those data; data integrity; and data
the Kisan Credit Card.
quality.
Subscribing countries commit to:
74. Answer: (c)
 Disseminate the data required by the
Explanation:
SDDS punctually and with the
 A yield curve is a line that plots yields prescribed periodicity and timeliness
(interest rates) of bonds having equal on a national webpage.
credit quality, but differing maturity
 Provide to the International Monetary
dates.
Fund (IMF) an advance release
 The slope of the yield curve gives an calendar (ARC) containing release
idea of future interest rate changes dates for the current month.
and economic activity. There are three
 Provide detailed information about
main types of yield curve shapes:
their statistical practices, or
normal (upward sloping curve),
metadata, for dissemination on the
inverted (downward sloping curve) and
Dissemination Standards Bulletin
flat.
Board (DSBB). The metadata follow
 While normal curves point to the rigorous format of the Data
economic expansion, downward Quality Assessment Framework
sloping (inverted) curves point to (DQAF). The DQAF was developed by
economic recession. the IMF to assess the quality of
Note: This yield curve is used as a countries’ economic and financial
benchmark for other debt in the market, data.
such as mortgage rates or bank lending  Certify the accuracy of the metadata
rates, and it is used to predict changes in on an annual basis.
economic output and growth.
 Use standardized electronic reporting
procedures to monitor more effectively
75. Answer: (a) their observance of the SDDS is also a
Explanation: required undertaking for SDDS
 The Special Data Dissemination subscribers.
Standard (SDDS) was established in Monitoring SDDS observance
1996 to guide members that have, or
The IMF monitors SDDS observance and (RBI), would function as the first level
publishes annual observance reports. The of examination of all large fraud cases,
reports review the subscribing countries’ before recommendations or references
observance of their SDDS undertakings. are made to the investigative agencies
India is a subscriber to the by the respective public sector banks
International Monetary Fund (IMF) (PSBs).
Special Data Dissemination Standards  The four-member board's jurisdiction
(SDDS). would be confined to those cases
76. Answer: (c) involving the level of officers of
Explanation: General Manager and above in the
PSBs in respect of an allegation of a
 Negative interest rates refer to a
fraud in a borrowal account.
scenario in which cash deposits incur
a charge for storage at a bank, rather
than receiving interest income. 78. Answer: (b)
Instead of receiving money on deposits Explanation:
in the form of interest, depositors The Minister for Human Resources
must pay regularly to keep their Development, Shri Prakash Javadekar
money with the bank. has launched the Scheme for Higher
 Negative interest rates may occur Education Youth in Apprenticeship and
during deflationary periods, when Skills (SHREYAS) for providing industry
people and businesses hold too much apprenticeship opportunities to the
money instead of spending. This can general graduates exiting in April 2019,
result in a sharp decline in demand through the National Apprenticeship
and send prices even lower. Promotion Scheme (NAPS).
 Often, a loose monetary policy is used The programme aims to enhance the
to deal with this type of situation. employability of the Indian youth by
However, with strong signs of deflation providing ‘on the job work exposure’ and
still a factor, simply cutting the earning of stipend.
central bank's interest rate to zero
may not be sufficient enough to 79. Answer: (d)
stimulate growth in credit and Explanation:
lending.
 The Reserve Bank of India (RBI) acts
Note: In the recent years, central banks as the banker to the government, i.e.,
in Europe, Scandinavia and Japan have it lends money to the central and state
implemented a negative interest rate
governments. Earlier, the government
policy (NIRP) on excess bank reserves in
relied on ad-hoc Treasury Bills to
the financial system.
borrow money from the RBI. However,
it was replaced by Ways and Means
77. Answer: (b) Advances (WMA) in 1997.
Explanation:  Ways and Means Advances act as a
 The Central Vigilance Commission loan facility to the central and state
(CVC) has constituted the Advisory governments to meet their cash
Board for Banking Frauds (ABBF) requirements. This facility is availed
headed by former Vigilance by the government due to temporary
Commissioner, T. M. Bhasin, to mismatches in their receipts and
examine bank fraud over Rs 50 crore expenditure. The loan taken by the
and recommend action. government through ways and means
 The ABBF, formed in consultation advances needs to be paid back in 90
with the Reserve Bank of India
days. The interest rate of WMA 81. Answer: (b)
currently is the repo rate. Explanation:
 The limits for WMA are mutually GST Compensation Cess is levied on
decided by the RBI and the luxury and sin goods, and the proceeds
Government of India. When the WMA are used to compensate states for any
limit is crossed, the government takes loss they incur within the first five years
recourse to overdrafts, which are not of GST implementation. According to the
allowed beyond 10 consecutive GST Act, states and UTs with Assemblies
working days. The interest rate on are guaranteed compensation, if the GST
overdrafts would be 2 percent more revenue growth is less than 14 per cent.
than the repo rate. The amount is paid bi-monthly.
 Differences between ad-hoc Treasury
Bills and WMA.
 WMA would not be a source of
financing budget deficit. It is only a
mechanism to cover day-to-day
mismatches in receipts and payments
of the government.WMA will also not
be shown as a source of financing in
the budget estimates. Secondly, limits
on WMA will be fixed and any excess
drawal by government beyond the As the above figure shows, the states’
limit will become permissible for not average compensation requirement has
more than 10 consecutive working shot up from Rs 5,800 crore/month in
days. Thirdly, WMA will be charged at 2018-19 to Rs 17,000 crore/month in the
market related interest rate, i.e., repo April-October period of the current fiscal.
rate However, the GST Compensation Cess
collection has remained stagnant at
80. Answer: (b) around 8,100-crore/month.
Explanation: This is considered to be worrisome for the
 The Enhanced Access and Service states, since the centre is under no legal
Excellence (EASE) Reforms Index obligation to make up for the shortfall by
measures performance of each Public dipping into the Consolidated Fund of
Sector Bank (PSB) on 140 objective India, if the proceeds from the cess turn
metrics across 6 themes. The out to be insufficient.
publishing of this independent report
was commissioned by the Indian 82. Answer: (d)
Banks’ Association. Explanation:
 The Index provides all PSBs a Currently, the Deposit Insurance and
comparative evaluation, showing Credit Guarantee Corporation (DICGC)
where the banks stand vis-à-vis provides for an insurance cover of Rs 1
benchmarks and peers on the reforms lakh per depositor for deposits in
agenda. It enables the PSBs to identify commercial banks, regional rural banks,
precisely their strengths, as well as local area banks (LABs) and co-operative
areas for improvement. Through banks.
periodic updates and by providing The premium for insurance is paid by the
bank-specific score-cards and inter- banks and hence, the cost is not directly
bank comparisons, all PSBs are borne by the deposit holder.
enabled to keep track of their progress
on key reform priorities across time.
In case of bank failure, depositors can get Rural Infrastructure Development Fund
back a maximum of Rs. 1 lakh per (RIDF): The Scheduled Commercial Banks
account, even if their deposits may far are required to provide a minimum of
exceed Rs. 1 lakh. Hence, while 40% of loans to the priority sectors. In
depositors holding less than Rs. 1 lakh of case of shortfall, the deficit money may be
deposits in a bank are covered by the transferred to the Rural Infrastructure
deposit insurance, depositors holding Development Fund (RIDF).
more than Rs. 1 lakh in an account have The main objective of RIDF is to provide
no legal remedy in case of the collapse of loans to state corporations, to enable
a bank. them to complete on-going rural
infrastructure projects.
83. Answer: (b) Long Term Irrigation Fund (LTIF): It was
Explanation: announced in the Union Budget 2016-17
Haircut refers to the difference between for funding and fast tracking the
the loan amount and actual amount implementation of the incomplete major
recovered by the banks from their and medium irrigation projects.
defaulting customers. Venture Capital Fund: Fund of Rs 700
Various steel, power, infrastructure, crores to back agriculture and rural
aviation companies etc. have defaulted on enterprises.
their loan repayment, leading to increase
in the NPAs (Non-Performing Assets) of 85. Answer: (d)
the banking sector. Under such Explanation:
circumstances, the banks usually arrive The measurement of a country's economic
at a compromise formula, where the growth through the concept of Gross
borrower offers to pay part of loan Domestic Product (GDP) has lot of
amount as a one-time settlement. The inherent flaws. The Gross Domestic
‘haircut’ here is the loss made by the Knowledge Product (GDKP) has been
bank, since the amount paid by the proposed as an alternative to
defaulting customer is lower than the measurement of GDP in order to plug
actual amount. these loopholes. Unlike the GDP, which
emphasizes on the production of goods
84. Answer: (d) and services, the GDKP focuses on the
Explanation: creation of knowledge.
The National Bank for Agriculture and It is based on the basic premise that
Rural Development (NABARD) is an apex knowledge creation remains the key
development financial institution, which driver of economic growth and hence, the
has been entrusted with the responsibility countries must lay necessary emphasis
of ensuring credit for the development of on creation of knowledge, in order to
agriculture and rural areas. usher in economic prosperity and social
It was established in 1982 on the basis of well-being.
the recommendations of the B. Sivaraman Components of Gross Domestic
Committee, through an Act of the Knowledge Product (GDKP).
Parliament. The GDKP concept identifies four
Recently, the Reserve Bank of India (RBI) components of knowledge-based
has divested its entire stakes in NABARD economy, namely, R&D and technology,
and consequently, NABARD is 100% computer infrastructure, information
owned by the Government presently. infrastructure and education and
Funds under the purview of NABARD: training. These components are
highlighted as below:
• Knowledge items (Ki): Production of session of the UNIDO General
newspapers, schools, patents, Conference in 2013, is to promote and
teaching and a wide range of digital accelerate inclusive and sustainable
items. industrial development (ISID) in
• Country's Knowledge Producing member states.
Matrix (CKPM): Comparison of  The relevance of ISID, as an integrated
knowledge produced by the approach to all three pillars of
government, private institutions and sustainable development, is
households. recognized by the 2030 Agenda for
• Country's Knowledge User Matrix Sustainable Development and the
(CKUM): Value of knowledge acquired related Sustainable Development
and transmitted. Goals (SDGs), which will frame United
• Cost of Individual Learning: Nations and country efforts towards
Investment in education. sustainable development in the next
fifteen years.
 UNIDO’s mandate is fully recognized
86. Answer: (a)
in SDG-9, which calls to “Build
Explanation:
resilient infrastructure, promote
The National Anti-profiteering Authority inclusive and sustainable
(NAA) has been constituted under the industrialization and foster
Central Goods and Services Tax Act, innovation”.
2017, to ensure that the reduction in the
rate of tax or the benefit of input tax
88. Answer: (c)
credit is passed on to the recipient, by
way of commensurate reduction in the Explanation:
prices. Further, the following steps have The broad objectives that the KVIC has
been taken by the NAA to ensure that the set before it are...
customers get the full benefit of tax cuts: • The social objective of providing
 Holding regular meetings with the employment.
Zonal Screening Committees and the • The economic objective of producing
Chief Commissioners of Central Tax to saleable articles.
stress upon consumer awareness • The wider objective of creating self-
programmes; reliance amongst the poor and
 Launching a helpline to resolve the building up of a strong rural
queries of the citizens regarding community spirit.
registration of complaints against The KVIC is charged with the planning,
profiteering; promotion, organization and
 Receiving complaints through e-mail implementation of programmes for the
and NAA portal; and development of Khadi and other village
 Working with consumer welfare industries in the rural areas, in co-
organizations, in order to facilitate ordination with other agencies engaged in
outreach activities. rural development wherever necessary.
Its functions also comprise building up of
a reserve of raw materials and
87. Answer: (c)
implements for supply to producers,
Explanation:
creation of common service facilities for
 The mission of the United Nations processing of raw materials as semi-
Industrial Development Organization finished goods and provisions of facilities
(UNIDO), as described in the Lima for marketing of KVI products, apart from
Declaration, adopted at the fifteenth organization of training of artisans
engaged in these industries and • The framework consists of nationally
encouragement of co-operative efforts defined indicators responding to
amongst them. To promote the sale and national priorities and needs.
marketing of Khadi and/or products of • National acceptability was an
village industries or handicrafts, the KVIC important criterion used in deciding
may forge linkages with established the indicators.
marketing agencies, wherever feasible • The indicators directly respond to the
and necessary. goals and targets.
• Attempt made to cover all components
89. Answer: (c) of the targets.
Explanation: • Data sources and periodicity included.
The Periodic Labour Force Survey (PLFS) • Data disaggregation to be decided by
was designed with two major objectives the respective Ministries.
for the measurement of employment and • Scope of improving the Framework by
unemployment. The first was to measure adding/deleting indicators with
the dynamics in labour force participation improvement in statistical system.
and employment status in the short time
• High Level Steering Committee (HLSC)
interval of three months for only the
to periodically review and refinement
urban areas in the Current Weekly Status
of National Indicator Framework for
(CWS). Secondly, for both rural and
monitoring SDGs.
urban areas, to measure the labour force
estimates on key parameters in both
usual status and CWS. 91. Answer: (a)
Explanation:
90. Answer: (a) Since April, 2018 the Ministry of
Statistics and programme Implementation
Explanation:
has been bringing out the employment
The National Indicator Framework (NIF),
related statistics in the formal sector,
consisting of 306 statistical indictors, has
covering the period September 2017
been prepared by the Ministry of
onwards, using information on the
Statistics and Programme Implementation
number of subscribers who have
(MoSPI). NIF will be the backbone of
subscribed under three major schemes,
monitoring of the SDGs at the national
namely the Employees’ Provident Fund
level and will give appropriate direction to
(EPF) Scheme, the Employees’ State
the policy makers and the implementers
Insurance (ESI) Scheme and the National
of various schemes and programmes.
Pension Scheme (NPS).
Key Features / Characteristics of the
The data is published on a monthly basis.
National Indicator Framework:
• Largest ever monitoring framework in
92. Answer: (a)
the country. The National Indicator
Framework consists of 306 statistical Explanation:
indicators. This is the largest The Equator Principles (EPs) is a risk
monitoring framework in the country management framework, adopted by
and will be dependent on a statistical financial institutions, for determining,
system for flow of information. assessing and managing environmental
• It has been developed, after extensive and social risk in projects. It is primarily
consultations with the NITI Aayog, intended to provide a minimum standard
Central Ministries, State Governments for due diligence and monitoring to
and other stakeholders. support responsible risk decision-making.
The EPs apply globally, to all industry instrument of ratification, acceptance or
sectors and to four financial products: 1) approval.
Project Finance Advisory Services, 2) To date, the ISA has established five key
Project Finance, 3) Project-Related programmes of action:
Corporate Loans, and 4) Bridge Loans. • scaling up solar applications for
Currently 101 Equator Principles agricultural use
Financial Institutions (EPFIs) in 38 • affordable finance at scale
countries have officially adopted the EPs,
• scaling up solar mini-grids
covering the majority of international
• scaling up solar rooftop
project finance debt within developed and
emerging markets. • scaling up solar e-mobility and
storage.
While the EPs are not intended to be
applied retroactively, EPFIs apply them to These programmes are supported by the
the expansion or upgrade of an existing ISA Secretariat, as well as the six Global
project where changes in scale or scope Task forces / Committees to promote the
may create significant environmental and implementation of the programmes, goals
social risks and impacts, or significantly and objectives. The ISA Secretariat has
change the nature or degree of an existing also launched a Solar Technology
impact. Application and Resource – Centre
(iSTAR-C) to support capacity building
IDFC First Bank from India is a member
efforts in the ISA member countries. In
of the Equator Principles.
addition, the ISA is developing a digital
INFOPEDIA platform for communication,
93. Answer: (a) education and collaboration, with
Explanation: financial support earmarked by the
In a step towards productive utilization of European Union.
bauxite residue, commonly known as the To supplement, the ISA is supporting the
‘Red Mud’, an interactive workshop, training of solar technology specialists
called ‘Waste to Wealth’ was organized by through:
the Ministry of Mines. Red mud is a solid • the ITEC training course for Master
waste generated during the aluminium Trainers (with the Government of
production process. This is an India)
environmental concern due to the
• the ISA Solar Fellowship for Midcareer
presence of impurities, such as caustic
Professionals
soda and others minerals. Global
• the ISA Equinox circle
generation of red mud is more than 150
million tons and there exists a global • To foster innovation and research in
inventory of more than 3 billion tons. Red solar technologies, the ISA Solar
mud generation in India is around 9 Award (Kalpana Chawla Solar Award)
million tons per year. has been created to recognize solar
scientists doing extraordinary work
across the ISA member countries,
94. Answer: (a)
with a one-time corpus contribution of
Explanation: US$1.5 million contribution from the
The membership of the International Government of Haryana.
Solar Alliance (ISA) is open to the states, • The ISA will be a facilitator of
which are the members of the United technology, knowledge and finance. At
Nations. Such states become the this stage, the ISA will not be funding
members of the ISA by having signed this projects directly, but will assist
Agreement and having deposited an member countries in finding suitable
bilateral or multilateral funding and in
developing innovative financial The PPH programme would lead to the
packages to bring down the cost of following benefits for the Indian IP office:
capital. (i) Reduction in time to dispose patent
applications.
95. Answer: (b) (ii) Reduction in pendency of patent
Explanation: applications.
The PACEsetter Fund was constituted by (iii) Improvement in quality of search and
India and the USA in 2015 as a joint examination of patent applications.
fund. (iv) An opportunity for the Indian
The mission of the PACE setter Fund is to inventors, including MSMEs and
accelerate the commercialization of Start-ups of India, to get accelerated
innovative off-grid clean energy access examination of their patent
solutions by providing early-stage grant applications in Japan.
funding, that would allow businesses to The ambit of the programme may be
develop and test innovative products, extended in future, as decided by the
business models and systems. The Fund's Commerce & Industry Minister. The
main purpose is to improve the viability of patent offices will frame their own
off-grid renewable energy businesses that guidelines for implementation of the
sell small scale (under 1 megawatt) clean programme.
energy systems to individuals and
communities without access to grid 97. Answer: (a)
connected power or with
Explanation:
limited/intermittent access (less than 8
• The Kimberley Process (KP) is a
hours per day).
multilateral trade regime
established in 2003 with the goal
96. Answer (a) of preventing the flow of conflict
Explanation: diamonds. The core of this regime
The Union Cabinet approved the proposal is the Kimberley Process
for adoption of the Patent Prosecution Certification Scheme (KPCS),
Highway (PPH) programme by the Indian under which the states
Patent Office (IPO), under the Controller implement safeguards on
General of Patents, Designs & Trade shipments of rough diamonds
Marks, India (CGPDTM) with patent and certify them as “conflict
offices of various other interest countries free".
or regions. • India is one of the founder members of
The said programme will initially the Kimberley Process Certification
commence between the Japan Patent Scheme and is the Chair of the
Office (JPO) and the Indian Patent Office Kimberley Process for the year 2019.
on pilot basis for a period of three years • The KPCS works on the principle of
only. Under this Pilot programme, the consensus and all the decisions are
Indian Patent Office may receive patent taken in the Plenary Session or
applications in certain specified technical through written procedure
fields only, namely, Electrical; unanimously by all members.
Electronics; Computer Science; • As per the Scheme, each shipment of
Information Technology; Physics; Civil; rough diamonds being exported and
Mechanical; Textiles; Automobiles and
imported by crossing an international
Metallurgy, while JPO may receive
border be transported in a tamper
applications in all fields of technology.
proof container and accompanied by a
validated Kimberley Process



ADMIN1: ADMIN2:
Certificate. The shipment can only be 99. Answer: (d)
exported to a co-participant country in Explanation:
the KPCS. No uncertified shipments of The World Trade Organization (WTO)
rough diamonds are permitted to ruled India’s domestic export subsidy
enter a participant country. programmes as illegal.
• The Department of Commerce is the The WTO's dispute settlement panel ruled
nodal department and the Gem & that India's export subsidy schemes,
Jewellery Export Promotion Council including the provision for special
economic zones, violated core provisions
(GJEPC) is designated as the KPCS
of global trade norms.
Importing and Exporting Authority in
WTO RULING EXPLAINED
India. GJEPC is responsible for
Upholding US's complaints in the case,
issuing KP Certificates and is also the
the three-member dispute settlement
custodian of KP Certificates received
panel, comprising Jose Antonio S.
in the country.
Buencamino Leora Blumberg and Serge
Pannatier rejected India's claims that it
98. Answer: (a) was exempted from prohibition on export
Explanation: subsidies under the special and
differential treatment provisions of the
SUVIN is the finest quality of extra-long
WTO's Agreement on Subsidies and
staple cotton produced in Tamil Nadu,
Countervailing Measures (SCM).
having the highest fibre length. Further,
Some of the schemes that will be affected
natural coloured cotton that is grown in
by the WTO's ruling include Merchandise
Dharwad in the state of Karnataka in Exports from India Scheme (MEIS), export
different colours, like dark brown, oriented units (EOU) scheme and sector-
medium brown, green and cream colours. specific schemes, including Electronics
Being naturally coloured there is no need Hardware Technology Parks (EHTP)
to use synthetic dyes, which leads to less scheme and Bio-Technology Parks (BTP)
toxicity in the fabric when used. scheme, Export Promotion Capital Goods
India announced the launch of the (EPCG) scheme; and duty-free imports for
exporters Scheme.
second phase of the Cotton Technical
The panel further ruled that India is not
Assistance Programme (TAP) for Africa at
entitled to provide subsidies depending
the Partners Conference in Geneva. In the
on export performance and said its per
five year long second phase, the
capita gross national product crossed
programme will be scaled up in size and $1,000 per annum.
coverage, and will be introduced in five
It is worth noting that under Article 3.1 of
additional countries, namely Mali, Ghana, the WTO's SCM agreement, all developing
Togo, Zambia and Tanzania. countries with gross per capita of $1,000
The Cotton TAP programme will now per annum for three consecutive years
cover 11 African countries, including the are required to stop all export incentives.
C4 (Benin, Burkina Faso, Chad and Mali).
India implemented a Technical Assistance 100. Answer: (d)
Programme (TAP) for cotton in 6 African Explanation:
countries, namely – Benin, Burkina Faso, About BharatNet:
Chad, Malawi, Nigeria and Uganda from  Phase I: The target of completing
2012 to 2018. 1,00,000 GPs under phase-I of
BharatNet was achieved in December
2017.
 Phase II: BharatNet Phase-II is Phase-II of BharatNet Project (around
planned to connect the remaining 1.31 Lakh GPs including GPs over
1,50,000 GPs, using an optimal mix of Satellite media)
media.  Life time maintenance of network by
 Further, provision has been made for implementing agency.
Last Mile Connectivity in all 2,50,000  States/BBNL/BSNL responsible for
GPs through viability gap funding. operation & maintenance, and
Every GP shall have on an average five management of network.
WiFi Access Points (APs), including 3
 Services provisioning through service
APs (on average) for public
providers and States.
institutions, such as educational
 Viability Gap Funding for last mile
centres, health centres, post offices,
solution, such as Wi-Fi Hotspot.
police stations, etc.
 The Satellite component of Phase-II is
being implemented by BBNL (4821
GPs) and BSNL (1407 GPs).

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EBOOKS & UPSC PRELIMS USPC MAINS VIDEO FOR DAILY

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OPTIONAL SUBJECTS BOOKS, STATE PCS, SSC, BANKING

GENERAL STUDIES (PAPER–I) TS20E1034

Time Allowed: 2 Hours Maximum Marks: 200

5. Which of the following statements is/are

Select the correct answer using the code (a) 1 only

13. Which of the following statements is/are

1. मडबेन्चसा (ऋणपि) कांपमनयोां के द्वारा ऋण पूांजी मित्तपोषण के मलए की गई थी।

2. म्ुखिपल बॉन्ड, भारतीय नगरपामलका मनकायोां के सरकार के द्वारा शु रू की गई थी।

(a) भारतीय ररज़िा बैं क 2. इस योजना की पररकल्पना प्रदशा न और क्रेमडि

उपयुाि कथनोां में से कौन-सा/से सही है /हैं ? (b) केिल 3

(a) केिल 1 (c) केिल 1 और 2

(c) 1 और 2 दोनोां (d) यह एक समायोमजत मौमद्रक नीमत रुि को इां मगत

36. राष्ट्रीय पेंशन योजना (एनपीएस) के सांदभा में मनम्नमलखित

37. हाल ही में, आमथाक मांदी से मनपिने के मलए कई

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36. Consider the following statements with

(d) न तो 1, न ही 2 (d) जम्मू-कश्मीर के दो केंद्र शामसत प्रदे शोां में मिभाजन

40. NIRVIK योजना के सांदभा में मनम्नमलखित कथनोां पर

(a) केिल 1 (a) केिल 1

46. मिशे ष आमथाक क्षेि (सेज़) के सांदभा में मनम्नमलखित

(a) केिल 1 उपयुाि कथनोां में से कौन-सा/से सही है /हैं ?

(b) केिल 2 (a) केिल 1

(a) केिल 1 सदस् नहीां बने हैं ।

(b) केिल 2 उपयुाि कथनोां में से कौन-सा/से सही है /हैं ?

(c) 1 और 2 दोनोां (a) केिल 1

(d) न तो 1, न ही 2 (b) केिल 2

52. रुपे काडा के सांदभा में मनम्नमलखित कथनोां पर मिचार (d) न तो 1, न ही 2

नीचे मदए गए कूि का प्रयोग कर सही उत्तर चु मनए: (a) केिल 1

(b) केिल 2 (c) केिल 3

उपयुाि कथनोां में से कौन-सा/से सही है /हैं ? सांबांमित है ?

(b) केिल 2 (b) गै र-बैं मकांग मित्तीय कांपनी (एनबीएफसी) सांकि से

(d) न तो 1, न ही 2 (c) केंद्रीय सािा जमनक क्षेि के उद्यमोां में मिमनिेश

अथाव्यिस्था में 'राजकोषीय समेकन' की सलाह दी है ।

(c) 1 और 2 दोनोां (d) उपयुाि में से कोई नहीां

72. Consider the following statements about

(c) केिल 1 और 3 मिचार कीमजए:

(d) 1, 2 और 3 1. अथोपाय अमग्रम के अांतगात, केंद्र और राज्य दोनोां

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कथनोां पर मिचार कीमजए: 1. मशक्षा में मनिेश

(c) 1 और 2 दोनोां (c) केिल 1 और 3

87. मनम्नमलखित कथनोां पर मिचार कीमजए: (a) केिल 1

1. सांयुि राष्ट्र औद्योमगक मिकास सांगठन (b) केिल 2

91. भारत में पेरोल ररपोमिूं ग के सांदभा में मनम्नमलखित कथनोां

1. सांयुि राष्ट्र के सभी सदस् दे श, अांतराा ष्ट्रीय सौर (d) न तो 1, न ही 2

GENERAL STUDIES (PAPER–I) TS20E1034

Time Allowed: 2 Hours Maximum Marks: 200

1. IMMEDIATELY AFTER THE COMMENCEMENT OF THE EXAMINATION, YOU SHOULD CHECK

4. All items carry equal marks.

7. Penalty for wrong answers:

THERE WILL BE PENALTY FOR WRONG ANSWERS MARKED BY A CANDIDATE IN THE

Name of the Candidate (as it appears in your I-CARD, in CAPITAL LETTERS)

TEST CODE: TS20E1034

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49. Answer: (d) 51. Answer: (b)

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Rau's IAS Thematic ECONOMY - 2020

Rau's IAS Thematic ECONOMY - 2020