Economy Quizzup Prelims 2025 -Day 32 | UPSC Prelims-2025 | Edukemy #upscprelims #currentaffairs #ias

動画公開日:2024-08-19 12:30:03

🌟Get Ahead for UPSC Prelims 2025! Check out our top MCQ questions designed to boost your preparation and test your knowledge. Perfect for quick revision on the go. Watch now and ace your Prelims 2025!🌟

Questions:

1. Tampon tax is a tax applied on
a) Electrical Vehicles
b) Sin goods
c) Luxury products
d) Menstrual products

Solution: d)

2. Question
Consider the following statements regarding RBI Retail Direct (RBI-RD) scheme.

1. RBI Retail Direct (RBI-RD) scheme facilitates investment in Government Securities by Individual Investors.
2. The scheme provides investors an opportunity to invest only in primary market and not in secondary market.
3. Sovereign Gold Bonds (SGB) are kept out of the scheme.
How many of the above statements are incorrect?
a) Only one
b) Only two
c) All three
d) None
Correct
Solution: b)

Only Statement 1 is correct.

3. Question
Consider the following statements.

1. A loan turns into a nonperforming asset (NPA), if the interest or instalment remains unpaid for a period of more than 60 days.
2. To avoid classifying a loan as an NPA, banks adopt the evergreening of loans.
3. An accommodative monetary policy strictly restrict banks from indulging in evergreening of loans.
How many of the above statements are correct?
(a) Only one
(b) Only two
(c) All three
(d) None
Solution: a)

Only statement 2 is correct.

4. Question
Consider the following statements regarding CIBIL score.

1. CIBIL score is a 3-digit numeric summary of one’s credit history, that ranges from 100 to 900.
2. It involves credit history across loan types and credit institutions over a period of time.
3. CIBIL score is provided by the Credit Information Bureau (India) Ltd., which is authorized by the Reserve Bank of India (RBI).
How many of the above statements are incorrect?
a) Only one
b) Only two
c) All three
d) None

Solution: a)

Statement 1 is incorrect.

A Credit Information Bureau (India) Limited (CIBIL) score is a three-digit numerical summary of one’s credit history, which involves an individual’s credit payment history across loan types and credit institutions over a period of time. Ranging from 300 to 900, the CIBIL score is provided by the Credit Information Bureau (India) Ltd., a credit rating agency which is authorized by the Reserve Bank of India (RBI).

5. Question
Typically, GDP is calculated by adding up all expenditures in the economy. Arrange the following components in the decreasing order in terms of their contribution to India’s annual GDP.

1. Private Final Consumption Expenditure (PFCE).
2. Government Final Consumption Expenditure (GFCE)
3. Gross Fixed Capital Formation (GFCF)
4. Net exports
Select the correct answer code:
a) 1-3-4-2
b) 3-1-2-4
c) 1-3-2-4
d) 1-2-3-4

Solution: c)

QOD

Digital Public Infrastructure (DPI) for agriculture, recently seen in Union Budget 2024, comprises of:

1. AgriStack

2. Krishi-DSS

3. Soil Profile Maps

Select the correct answer using the codes given below:

(a) 1 only

(b) 1 and 2 only

(c) 2 and 3 only

(d) 1, 2 and 3

Answer (d)

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