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28th January 2018: Daily MCQs on Indian Economy
4,516 plays

10 Marathon MCQs

Jatin Verma is teaching live on Unacademy Plus

Jatin Verma
Have appeared in UPSC CSE thrice. Have been taking Unacademy Plus courses Academics- Polity, Economics & Current Affairs.

Unacademy user
did you write mains this year...?
Sir can you please explain one thing that, In question no. 1 the second statement you said is wrong, but in the explanation it is the third statement that says it would help buyers and sellers to offer negotiate and transact a deal. Please clear my doubt sir. Thank you.
Think it should be all of the above. Source
Kaustubh Patayan
2 years ago
Yes your right I was also confuse about this.
sir Your effort to make daily mcqs on Economy section is laudable. Sir ...hour's technique of understanding is nice so you know skip such fruitful thing is actually not a good idea..So keep continuing explanation apart from you know just to read that which you provide in slide.
sir I appreciate ur efforts...yes we can read.....but explanation is the key sir....when u read's a cumulative effect we r reading listening n watching...n it's getting imprinted in our memory.,.. please continue reading sir....if u can..
sir , physical capital consist of machinery ,buildings etc and they do depreciate .I am confuse right now .please explain it.
Nice Ambaady
2 years ago
i too need clarification
sir...plz DNA... upload kr dijiye....plz...if u r well...then...plz do...
  1. Daily 10 MCQs for Indian Economy for UPSC CSE 2018 By Jatin Verma 28th January 2018 o Highlights: o Emphasis on Concept-building . Useful for revising Indian economy part of D Coverage of Economy related Current Affairs

  2. 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

  3. INSTRUCTIONS Watch the lessons on 'The Hindu Daily News Analysis and Editorial Analysis' video before or after Correct Conclusion 1-3 Very low chance of selection tempting 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 Can do better, need to grind 4-5 more 6-7 Going good, almost there or more Very high chance of selection

  4. Q1: Consider the following statements regarding Agri Exchange Portal 1) It is an online portal developed by Agricultural and Processed Food Products Export Development Authority (APEDA) 2) Global buyers and sellers in the Agri business world would be enabled by the platform to offer negotiate and transact a deal 3) UNCTAD and Mininstry of Agriculture have collaborated with the portal. Which of the statements given above is/are correct? A) 1 and 2 only B) 1 and 3 only C) 2 and 3 only D) 1, 2 and 3 only 2

  5. Solution: B Explanation Agri Exchange is the name given to the Trade portal. An attempt, first of its kind has been endeavored by Agricultural and Processed Food Products Export Development Authority (APEDA), Govt. of India, where online trading is the specialty. In its stride, joint collaboration of UNCTAD and Ministry of Agriculture has given the portal a shape. Globally buyers and sellers in the Agri business world has been given a platform to offer negotiate and transact a deal. Apart from this, it has been loaded with latest statistics pertaining to India and the world. 2 APEDA is the body devoted to promotion of agricultural products from India, administered by the Ministry of Commerce, Government of India

  6. Q2: Consider the following regarding Paramparagat Krishi Vikas Yojana (PKVY) 1) PKVY one of the sub scheme of National Mission for Sustainable Agriculture 2) Under the scheme- 50 or more farmers will form a cluster and their 50 acres of land will be brought under Organic Farming. Which of the above statements are correct? A) 1 only B) 2 only C) Both D) None 2

  7. Solution: C Explanation: . PKVY one of the sub scheme of NMSA- Adoption of organic farming through cluster approach under Participatory Guarantee System (PGS) certification. their 50 acres of land will be brought under Organic Farming. covering 5.0 lakh acre area under organic farming. There will be no . Under PKVY scheme- 50 or more farmers will form a cluster and . In this way during three years 10,000 clusters will be formed liability on the farmers for expenditure on certification. . Every farmer will be provided Rs. 20,000 per acre in 3 years for 2 seed to harvesting of crops and to transport produce to the market.

  8. Q3: Consider the following statements regarding Rashtriya Gokul Mission: 1) It aims to conserve and develop indigenous breeds in a focused and scientific manner 2) RGM has been launched under National Programme for Bovine Breeding and Dairy Development Which of the above statements is/are correct? A) 1 only B) 2 only C) Both D) None 2

  9. Solution:C Explanation: . RGM will be implemented with the objectives to: a) development and conservation of indigenous breeds b) undertake breed improvement programme for indigenous cattle breeds so as to improve the genetic makeup and increase the stock; c) enhance milk production and productivity; d) upgrade nondescript cattle using elite indigenous breeds like Gir, Sahiwal Rathi, Deoni, Tharparkar, Red Sindhi and e) distribute disease free high genetic merit bulls for natural service. . Rashtriya Gokul Mission launched under National Programme for Bovine Breeding and Dairy Development. The program was launched by merging four erstwhile schemes viz. National Project for Cattle and Buffalo Breeding (NPCBB), Intensive Dairy Development Programme (IDDP), Strengthening Infrastructure for Quality and Clean Milk Production (SIQ and CMP) and assistance to cooperatives. 2

  10. Q4: International Intellectual Property Index is released by: A) World Intellectual Property Organization B) U.S. Chamber of Commerce C) World Trade Organisation D) United Nations Educational, Scientific and Cultural Organization 2

  11. Solution: B Explanation: It is released by US Chamber of Commerce' s Global Intellectual Property Centre (GIPC) World Intellectual Property Report(WIPR) is by WIPO 2

  12. Q5: Consider the following statements regarding Call Money Market: 1) It is an inter-bank money market where funds are borrowed and lent for one day 2) Collateral is required to borrow money from this market Which of the above is/are correct? A) 1 only B) 2 only C) Both D) None 2

  13. Q6: Global Manufacturing index published by: A) World Economic Forum B) United Nations Conference on Trade and Development C) United Nations Industrial Development Organization D) The Organisation for Economic Co-operation and Development 2

  14. Solution: A Explanation Decisions need 75% majority. . Centre has 1/3 vote, states have 2/:3 Union and minimum of 20 states/UT will have to support a proposal to get it adopted 2

  15. Solution: EB Explanation Remittances fall under Current Account, rest of the options under Capital Account. 2

  16. Q9: FAME India scheme is implemented by? A) Ministry of Heavy Industries and Public Enterprises B) Ministry of Textiles C) Ministry of Petroleum and Natural Gas D) Ministry of Skill Development and Entrepreneurship 2

  17. Solution: A Explanation Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME India) . Implemented by Department of Heavy Industry, M/o HI&PE Offering incentives on electric and hybrid vehicles of up to Rs.29,000 for bikes and Rs.1.38 lakh for cars. 2

  18. Q10: The concept of 'Depreciation' is applicable to which of the following? 1) Human capital 2) Physical capital 3) Currency Choose the correct answer using the codes below. A. 1 and 2 only B. 3 only C. 2 and 3 only D. All of the above 2