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30th January 2018 Daily MCQs on Indian Economy
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10 MCQs on Current Affairs and Basics of Indian Economy

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.

U
Unacademy user
Thank you for wonderful explanation Sir. Will you be covering issues of Yojana starting from January, 2017?
thank you sir sir if possible please tell which are the relevant chapters we have to refer from economic survey in your live session. thank you sir it will be great help
sir your way of questions presentation is quite similar to upsc....thanks ...
Sir g U hv Mentioned many a times about Imp Current affairs Course , Is there any same course ? plz tell if it is...... THanking U
sir your lesson is super requestbto you please provide PDF for revision
sir aap please pehle DNA banaiye then ye course ????????????????????????
  1. Daily 10 MCQs for Indian Economy for UPSC CSE 2018 By Jatin Verma 30th January 2018 . Highlights: 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: jatinverma7 Telegram: jatinverma05 171 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 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


  4. Q1: 'World Investment Report' is published by which of the following organizations? A) World Bank B) IMF C) UNCTAD D) WEF 2


  5. Solution: C Explanation World Investment Report is released annually by United Nations Conference on Trade and Development 2


  6. Q2: Consider the following statements regarding Financial Stability Report (FSR) 1) It is a bi-annual report. 2) It is released by Union Ministry of Finance Which of the statements given above is/are correct? A) 1 only. B) 2 only. C) Both D) None 2


  7. Solution: A Explanation . The Reserve Bank of India releases bi-annual financial stability report (FSR) It analyses systemic risks to India' s financial system, Global and Domestic Macro-financial Risks etc 2


  8. Q3: World Energy Outlook (WEO) report is released by: A) World Economic Forum B) UNDP C) International Energy Agency D) UNFCCC 2


  9. Solution: C Explanation: International Energy Agency (IEA) releases World Energy Outloolk (WEO) report. Energy Access outlook is also released along with it. India is an associate member of IEA 2


  10. Q4: Consider the following Instituttions 1) International Bank of Reconstruction and Development 2) International Development Assistance 3) International Finance Corporation 4) Multilateral Investment Guarantee Agency 5) International Centre for Settlement Investment Disputes Which of the above constitute "World Bank"? A) 1 and 2 only. B) 1, 2 and 3 only. C) 1, 2 and 5 only. D) 1, 2, 3, 4 and 5. 2


  11. Solution: A Explanation The term "World Bank" generally refers to just the IBRD and IDA, whereas the term World Bank Group or WBG is used to refer to all five institutions collectively. 2


  12. Q5: Consider the following statements regarding Multilateral Investment Guarantee Agency (MIGA) 1) MIGA gives protection to company's investment from political risk in the invested country 2) India is not a member of MIGA. Which of the statements given above is/are correct? A) 1 only. B) 2 only. C) Both D) None 2


  13. Q6: Consider the following statements with respect to Bharat 22 Exchange Traded Funds (ETF) 1) It comprises of 22 companies owned by the Central government. 2) The sale of Bharat 22 ETF will help government achieve its disinvestment target. 3) No Public Sector Banks are included in the 22 companies. Which of the statements given above is/are correct? A) 1 and 2 only. B) 2 and 3 only. C) 1 and 3 only. D) 1, 2 and 3 2


  14. Solution: A Explanation: Shell companies are typically corporate entities which do not have any active business operations or significant assets in their possession. The government views them with suspicion as some of them could be used for money laundering, tax evasion and other illegal activities. The Companies Act, 2013 has NOT defined what a 'shell company is and as to what kind of activities would lead to a company being termed a 'shell' . 2 In India, there is no specific law relating to "shell companies." But, some laws can indirectly be used to target shell companies Benami Transaction (Prohibition) Amendment Act 2016; The Prevention of Money Laundering Act 2002 and The Companies Act, 2013


  15. Solution: B Explanation: The tasked to provide recommendations to strangthen digital payment ecosystem. Committee on Digital Payments headed by Ratan P. Watal was FDI and FPl differentiation was by Aravind Mayaram Committee. Watal Committee gave wide range of recommendations such as: inter- operability of payments system between banks and non-banks, up- gradation of digital payment infrastructure and institutions, Give Board for Regulation and Supervision of Payment and Settlement Systems (BPSS) independent statutory status within overall structure of RBl, Greater use of Aadhaar and mobile numbers for making digital payments as easy as cash, framework to reward innovations for leading efforts in enabling dngitar payments tec


  16. Q9: Consider the following statements regarding Rail safety 1) The Commission of Railway Safety (CRS) under the Railway Ministry investigates rail accidents. 2) High Level Safety Review Committee (Railways) under Bibek Debroy was appointed in 2012 by Ministry of Railways Which of the statements given above is/are correct? A) 1 only. B) 2 only. C) Both D) None 2


  17. Solution: D Explanation: The Commission of Railway Safety is under Civil Aviation Ministry High Level Safety Review Committee was headed by Anil Kakodkar. . 2


  18. Q 10. Which of the following come under fiscal consolidation? 1) Increasing Debt to GDP ratio 2) Decreasing fiscal deficit 3) Consolidating revenue deficit 4) Increasing public expenditure in creating capital assets to stimulate growth Choose the correct answer A) 1, 2 and 3 only B) 1, 2, 3 and 4 C) 2 and 3 only D) 2, 3 and 4 only 2