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Daily 10 MCQs for Indian Economy for UPSC CSE 2018 By Jatin Verma 24th January 2018 . Highlights: Emphasis on Concept-building Useful for revising Indian economy part of DN Coverage of Economy related Current Affairs
Explore a Search Courses, Topics & Educators Jatin Verma VERIFIED Follow My Idea is not to simply read out the Lines, my Idea is to read between the Lines!!! Hope you get it before it's too late :) 761,690 This month views 8,426,384 Lifetime Views Facebook: jatinverma0 509 47 Courses 210.2k Followers 6 Following Wish you all a Very Happy New Year UNACADEMY PLUS Approach the New Year with resolve to find the opportunities hidden in each new day By Jatin Verma By Jatin Verma Upcoming Indian Economy for UPSC CSE (Hindi) January 2018: The Hindu- Daily News Analysis By Jatin... January 2018: The Hindu Daily News and Editorial Analysis By... Last date to apply is 27th January, 2018 48 Lessons 42 Lessons View Details 2,310 ratings 244 reviews 977 ratings81 revlews
INSTRUCTIONS Watch the lessons on 'The Hindu Daily News Analysis and Editorial Analysis' video before or after attempting the question. As soon as the question appears, pause the video, answer the question and resume it. .100% of the time, without fail, calculate your score and write it in the comments section (Compete Correct Conclusion 1-3 Very low chance of selection Can do better, need to grind more 4-5 6-7 Going good, almost there 8 or more Very high chance of selection
unacademy About course course curriculum FAQs Upcoming Indian Economy For UPSC CSE By Jatin Verma In this course, Jatin Verma will cover all the important aspects of Indian Economy and related Current Affairs relevant to the UPSC Civil Services Exam, other Exams conducted by UPSC and the State PSC exams. This course will also be relevant for Economy section of SSC, Banking and other Govt exams Starts on 27th Jan, 2018 43 SESSIONS Live sessions of 1 hour duration each which will comprehensively cover Upcoming Indian Economy LIFETIME ACCESS Get access to recordings of all the live sessions, downloadable notes, study material and other learning APPLY FOR COURSE
Q1: Consider the following statements regarding Real Estate (Regulation and Development) Act 1) As per the Act, projects on at least 1500 sq metres of area will have to be registered with the regulatory authority 2) Separate bank account has to be maintained for each project. Which of the statements given above is/are correct? A) 1 only B) 2 only C) Both D) None 2
Solution: B Explanation Projects on at least 500 sq metres of area or with 8 flats will have to be registered with the regulatory authority. Promoters cannot book or offer these projects for sale without registering them. Real estate agents dealing in these projects also need to register with RERAs. Separate bank account has to be maintained for each project Builders will have to deposit at least 70% of the sale proceeds, including land cost, in an escrow account to meet construction cost and pay interest to home buyers for any default or delays at the same rate they charge them. 2
Q2: Consider the following regarding Smarac Citizen mobile application 1) The app has been developed by the Indian Space Research Organisation (ISRO) 2) It aims to help tourists to better experience important historical monuments of India Which of the above statements are correct? A) 1 only B) 2 only C) Both D) None 2
Solution: A Explanation: App was developed by ISRO based on a proposal from the National Monuments Authority (NMA) across the country buildings close to national monuments can get construction permits It contains the maps of 3,686 Centrally-protected monuments . Architects and real estate developers who plan to construct within a few minutes via the mobile app. 2
Q3: With reference to the National Industrial Corridor Development & Implementation Trust (NICDIT), consider the following: 1) NICDIT will be the apex body to oversee integrated development of all industrial corridors across the country 2) NICDIT will function under the administrative control of Ministry of Finance. 3) The trust will have Chief Ministers of the states concerned as members. Which of the above statements is/are correct? A) 1 only B) 1 and 2 only C) 1 and 3 only D) 1, 2 and 3 2
Solution: C Explanation: NICDIT will be the apex body to oversee integrated development of al industrial corridors across the country. NICDIT will function under the administrative control of Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce & Industry. . It will consist of Minister of Commerce & Industry, Minister of Railways, Minister of Road Transport & Highways, Minister of Shipping, Vice-Chairman of NITI Aayog and Chief Ministers of states concerned as members. NICDIT wll implement all the five proposed industrial corridors, together covering 15 States.
Q4: International Debt Statistics is released by A) IMF B) World Bank C) World Economic Forum D) Organisation for Economic Co-operation and Development 2
Solution: B Explanation: International Debt Statistics is released by World Bank 2
Solution:D Explanation Human Development Report is released by UN Development Program (UNDP) HDR includes: Human Development Index Inequality Adjusted HDI: It calculates the HDI after taking account of the inequality prevalent in the country. Gender Development Index: It compares female and male HDI values. 2 Gender Inequality Index: Presents a composite measure of gender inequality using three dimensions: reproductive health, empowerment and the labour market. Multidimensional Poverty Index: Measures non income dimensions of poverty.
Q7: Consider the following regarding WTO Ministerial Conferences: 1) The latest WTO ministerial conference was held in Nairobi. 2) The major deadlock in this year's MC was due to "Trade Facilitation" 3) "Peace Clause" in W.T.O negotiations means establishing peace betweern warring nations like North Korea and South Korea Which of the above statements is/are not correct? A) 1 only B) 2 only C) 1, 2 and 3 D) None 2
Q8: Consider the following statements regarding scheme for capacity building in textile Sector(SCBTS): 1) The scheme intended to provide placement oriented skilling programme, for organised sector and enhance livelihood opportunity by skill-upgradation for traditional sector. 2) It will cover entire value chain of textile including Spinning & Weaving in organized Sector. 3) The scheme will have National Skill Qualification Framework (NSQF) training courses. Which of the statements given above is/are correct? 2 A) B) C) D) 1 and 2 only 1 and 3 only 2 and 3 only 1, 2 and 3
Solution: EB Explanation t wll cover entire value chain of textile excluding Spinning & Weaving in organized Sector. The Scheme will have a span of three year i.e. 2017-2020 with an outlay of 1300 Cr .It will be implemented through textile industry and recognised public and private training institutes of textile sector. . Skilling requirement in the traditional sectors such as handlooms, jute etc. will be considered as special projects and will be supported further for entrepreneurial development through provision of MUDRA loans. 2 Successful trainees will be assessed and certified by an accredited Assessment Agency. At least 70% of the certified trainees are to be placed in the wage employment and post placement tracking will be mandatory under the scheme. Funding to the institution will be available only when the Internal Complaints Committee to be constitute under the Sexual Harassment of Women at Workplace Act, 2013, is in place.
Q9: Consider the following statements regarding Pradhan Mantri Gram Sadak Yojana (PMGSY)? 1) PMGSY was launched by the Government of India in 2000 to provide connectivity to unconnected habitations as part of a poverty reduction strategy 2) Road contruction/upgradation projects are done on a 50:50 cost sharing basis between centre and state. Which of the above statements are correct? A) 1 only B) 2 only C) Both D) None 2
Solution: A Explanation It is a 100% centrally sponsored scheme which involves both new construction and upgradation. Around 1,30,974 habitations have been connected under PMGSY which along with nearly 14,620 habitations that have been connected through state government programm es accounted for 82% connected habitations. . Work is in progress in all the remaining but 1700 habitations and it is expected to achieve 100% connectivity of eligible habitations by March 2019. GIS mapping of the all rural roads of the country will be done. At the time of approval, States are opting for minimum 15% roads with green technologies like use of waste plastic, fly ash, copper & iron slag etc. Nano Technology products are also being used for stabilization of road