Prelims Refresher Programme Test - 9

Question 1

In the context of Subsidies under Agreement on Agriculture (AoA) of World Trade Organisation (WTO), consider the following statements:

1. The most trade-distorting form of farm subsidies is classified into Red Box.
2. Blue Box subsidies aim to limit production by imposing production quotas.

Which of the statements given above is/are correct?

Question 2

Which of the following statements is/are correct regarding the International Monetary Fund (IMF) Quota System?

1. A country has to maintain 50% of its quota amount in the form of foreign currency and other 50% in the form of domestic currency.
2. The current quota formula is a weighted average of GDP of an economy exclusively.

Select the correct answer using the code given below:

Question 3

Consider the following statements:

1. The Current Account is the net difference between inflows and outflows of foreign currencies.
2. Currently, India has full convertibility of Rupee on Current as well as Capital Account.

Which of the statements given above is/are correct?

Question 4

Consider the following statements about Trade Infrastructure for Export Scheme (TIES):

1. The cost of projects under TIES are equally shared between the Centre and the States.
2. Its objective is to enhance export competitiveness by bridging gaps in export infrastructure.

Which of the statements given above is/are correct?

Question 5

With reference to ‘India’s Foreign Exchange Reserve’, consider the following statements:

1. It includes gold and foreign currency only.
2. It has declined continuously in the last five years.

Which of the statements given above is/are correct?

Question 6

With reference to Multilateral Investment Guarantee Agency (MIGA), consider the following statements:

1. It is a part of the World Bank group and provides insurance to investors against political risks.
2. It supports climate change mitigation and adaptation projects.

Which of the statements given above is/are correct?

Question 7

With reference to ‘unfair trade practices’ adopted by exporters of other countries, consider the following statements:

1. An anti-dumping duty is protectionist tariff levied on imported goods to offset subsidies made to producers of these goods in the exporting country.
2. Countervailing Duties (CVDs) are protectionist tariffs that a domestic government imposes on foreign imports that it believes are priced below fair market value.

Which of the statements given above is/are correct?

Question 8

Consider the following statements:

1. Mughal painting was primarily secular whereas paintings in Central India, Rajasthan and the Pahari region were deeply influenced by religion of the land.
2. Basohli, a miniature painting, belongs to the Pahari school of painting.
3. Mughal school of painting originated in the era of Jahangir.

Which of the statements given above are correct?

Question 9

Consider the following statements about the Nayaka paintings:

1. The Nayaka paintings depict episodes from the Mahabharata and the Ramayana.
2. This art of painting is in the form of the murals.
3. They showcase an extension of the Vijayanagara style with minor regional modifications.

Which of the statements given above is/are correct?

Question 10

Which of the following statements is/are correct regarding the Vijayanagara paintings?

1. The faces in the paintings are shown in profile, whereas figures and objects are two dimensional.
2. The murals painted on the high ceiling of the Virupaksha temple are an example of Vijayanagara paintings.

Select the correct answer using the code given below:

Question 11

Which of the statements given below is/are correct?

1. Thalassemia is a genetic disorder in which patients develop tumours in multiple organs.
2. Von Hippel-Lindau’s (VHL) disease is a genetic syndrome in which red blood cells do not produce enough of the proteins that make haemoglobin.

Select the correct answer using the code given below:

Question 12

The 2019 Nobel Prize of Physics was awarded for efforts to understand the Comprehensible Universe. In this context, consider the following statements.

1. Concept of ‘Cosmological Constant’ was given by Einstein.
2. The expansion of the Universe has stopped due to its gravity.
3. The major part of the Universe consists of dark matter and dark energy.

Which of the statements given above is/are correct?

Question 13

With reference to carbon nanotubes, which of the following statements is not correct?

Question 14

Recently ‘Bedin 1’ has been in the news, refers to?

Question 15

With reference to the term Goldschmidtite, which of the following statements is not correct?

Question 16

KP-BOT has been in the news lately. With reference to it, which of the following statements is correct?

Question 17

With reference to Biosimilars, consider the following statements:

1. Biosimilars are generic equivalents of branded biological products or biologics that are created through biological processes instead of chemical synthesis.
2. Biosimilars are popular for treating various cancers, rheumatoid arthritis and adverse cardiovascular conditions.

Which of the statements given above is/are correct?

Question 18

Consider the following statements:

1. New Swarnima Scheme provides term loan to women entrepreneurs belonging to the backward classes.
2. New Swarnima Scheme was introduced by the National Backward Classes Finance and Development Corporation.
3. National Backward Classes Finance and Development Corporation operates under the Ministry of Finance.

Which of the statements given above is/are correct?

Question 19

Which of the following best describes ‘Water PLUS Protocol’?

Question 20

Which one of the following best describes the term “Bipalium”?

Question 21

Which of the following are the advantages for a company of setting up a sourcing or

manufacturing platform within a Special Economic Zone (SEZ) in India?

1. Duty free import and domestic procurement of goods.
2. Exemption from the Goods and Services Tax (GST).
3. External Commercial Borrowing (ECB) is allowed up to US$500 million a year without restriction.
4. Exempted from Minimum Alternate Tax (MAT).

Select the correct answer using the code given below:

Question 22

In which of the following ways is/are Krishi Vigyan Kendras (KVKs) helping farmers in India?

1. Distribution of high-yielding variety seeds
2. Providing agricultural credit
3. Issuing soil health cards

Select the correct answer using the code given below:

Question 23

Which of the following are included in priority sector lending?

1. Agriculture
2. Export Credit
3. Housing
4. Renewable Energy

Select the correct answer using the code given below:

Question 24

Consider the following statements regarding Minimum Support Prices (MSP):

1. It is announced by the Government on the recommendations of the Commission for Agricultural Costs and Prices (CACP).
2. In case the market price for the commodity falls below the announced minimum price government agencies are supposed to purchase the entire quantity offered by the farmers at the announced minimum price.

Which of the statements given above is/are correct?

Question 25

Which of the following are Kharif crops and also covered under the minimum support price (MSP)?

1. Wheat
2. Gram
3. Jowar
4. Maize
5. Groundnut
6. Barley

Select the correct answer using code given below:

Question 26

Consider the following statements:

1. The Ministry of Commerce and Industry is implementing the National Programme for Organic Production (NPOP).
2. The Ministry of Agriculture and Farmers’ Welfare is implementing Participatory Guarantee System-India (PGS-India).
3. Participatory Guarantee System is a process of certifying organic products.

Which of the statements given above is/are not correct?

Question 27

Consider the following statements regarding Soil Health Card (SHC) scheme:

1. It is being implemented through the Department of Agriculture of all the State and Union Territory Governments.
2. SHC will be made available once every 5 years.
3. It is a printed report provided to the farmer for each of his holdings.

Which of the statements given above is/are NOT correct?

Question 28

In the context of India’s services sector, consider the following statements:

1. It is the largest contributor among all sectors to India’s Gross Value Added (GVA) and workforce involvement.
2. The cumulative FDI equity inflow has been maximum in the services sector over the last decade.

Which of the statements given above is/are correct?

Question 29

Which of the following is/are the aim(s) of ‘Open Market Sale Scheme (OMSS)’?

1. To enhance market supply of food grains
2. To exercise a moderating influence on open market prices
3. To offload surplus stocks

Select the correct answer using the code given below:

Question 30

Consider the following statements with reference to Model Agriculture Produce and Livestock Contract Farming and Services (Promotion & Facilitation) Act-2018:

1. The Act lays special emphasis on protecting the interests of the farmers, considering them as weaker of the two parties entering into a contract.
2. Contract framing will be outside the ambit of Agriculture Produce Market Committee (APMC) Act.

Which of the following statements is/are correct?

Question 31

With reference to security markets, what is ‘Greenshoe Option’?

Question 32

When a new technology makes a form of work outdated or so inexpensive that employment drops drastically in that field, then the situation leads to which type of unemployment in the society?

Question 33

Consider the following statement:

1. Article 270 of the Constitution gives power to both union and state governments to impose cess.
2. Cess is a compulsory contribution collected by governments for any specific purpose.
3. Kerala became the first state to impose flood cess under the GST regime.

Which of the statements given above is/are correct?

Question 34

With reference to the “GAFA” tax plan of France, which of the following statements is/are correct?

1. It is being devised because existing tax norms, in many countries are not suitable to regulate online services.
2. India, in 2016 levied a similar tax known as equalisation levy (EL), through the Finance Act, 2016.

Select the correct answer using the codes given below:

Question 35

Consider the following pairs: 

	Type of inflation		Meaning
1.	Creeping	:	When inflation increases gradually, but continuously, over time.
2.	Galloping	:	When the prices of goods and services increase at two-digit or three-digit rate per annum
3.	Walking inflation	:	When the price rise is moderate and the annual inflation rate is of a single digit.

Which of the pairs given above is/are matched correctly?

Question 36

Tobin Tax refers to which of the following?

Question 37

With reference to the Sukhna Lake, consider the following statements:

1. It is located in Rajasthan.
2. It has been declared as a living as well as legal entity.
3. It is for the first time any non-living entity is being declared as a legal person in the country.

Which of the statements given above is/are not correct?

Question 38

With reference to Indian Pharma Industry, consider the following statements:

1. India is the largest supplier of generic medicines globally.
2. The Indian pharmaceutical market is the largest in terms of value.

Which of the statements given above is/are correct?

Question 39

With reference to the Science and Technology of Yoga and Meditation (SATYAM) Programme, consider the following statements:

1. It was conceptualised by the Ministry of AYUSH.
2. Every scientist and academician empanelled with the Ministry of AYUSH can participate in the programme.

Which of the statements given above is/are not correct?

Question 40

With reference to Employees’ Provident Fund Organisation (EPFO), consider the following statements:

1. It manages provident funds for the workforce engaged in the government sector only.
2. It is administered by the Ministry of Commerce and Industry.

Which of the statements given above is/are correct?

Question 41

‘Mission Madhumeha’ started by the Ministry of AYUSH is based on which of the following medicinal practices?

Question 42

Consider the following statements about the National Family Health Survey (NFHS):

1. International Institute for Population Sciences is the nodal agency to conduct NFHS.
2. It provides information on population, health, and nutrition status.
3. Malnutrition indices have shown a decline as per NFHS fourth survey.

Which of the statements given above are correct?

Question 43

Consider the following statements about the Human Development Index:

1. It is released by the United Nation Development Programme.
2. It reflects on factors like inequality, poverty, human security and empowerment.

Which of the statements given above is/are correct?

Question 44

Which of the following are the pillars of Gross National Happiness?

1. Good Governance
2. Environmental Conservation
3. Sustainable Socio-economic Development
4. Preservation and Promotion of Culture

Select the correct answer using code given below:

Question 45

The European Union (EU) ensures that no import or export duties are paid on goods moving between EU Member States and a common tariff is imposed on goods imported from outside the EU. By doing so, the EU behaves as which of the following?

Question 46

How is Import Tariff different from Import Quota?

1. In general, Import Tariff raises revenue for the government, whereas import quota generally does not.
2. Import Tariff reduces Individual consumer surplus, whereas import quota increases the same.

Which of the statements given above is/are correct?

Question 47

Which of the following best describes the “Universal Service Obligation Fund (USOF)”?

Question 48

Recently Government of India has approved the proposal to set up Indian Institute of Skills (IISs) in different locations.With reference to the IISs, consider the following statements:

1. These institutes will be set up by the Ministry of Human Resource Development.
2. The institutes will provide vocational training in low skilled works, such as carpentry, bricklaying, etc.

Which of the statements given above is/are correct?

Question 49

With reference to the National Testing Agency (NTA), consider the following statements:

1. It will conduct examinations of various State Boards as well as those of higher educational institutions.
2. It has established a network of test practice centres for students of rural areas.

Which of the statements given above is/are correct?

Question 50

With reference to DISHA Centres, consider the following statements:

1. These are aimed at providing free counselling to victims of domestic violence.
2. These are an initiative of the Ministry of Human Resource Development.

Which of the statements given above is/are correct?

Question 51

In the context of Mithila paintings, which of the following statements is/are correct?

1. It involves the use of fallen leaves and flowers for paintings.
2. It avoids the use of edible materials for painting.
3. The return of Ram from exile and Krishna playing with gopis are the preferred subject matter for paintings.

Select the correct answer using the code given below:

Question 52

Which of the following statements best describes the Kolam painting?

Question 53

With reference to the ‘Urban Co-operative Banks’, consider the following statements:

1. These are regulated by the Reserve Bank of India only.
2. The Prompt Corrective Action Framework of the RBI is applicable on these banks.

Which of the statements given above is/are correct?

Question 54

Consider the following statements:

1. The World Economic Situation and Prospects (WESP) report is jointly released by the World Bank and the United Nations Conference on Trade and Development (UNCTAD).
2. UNCTAD is a permanent intergovernmental body headquartered at Geneva in Switzerland.

Which of the statements given above is/are correct?

Question 55

Global Social Mobility Index is released by:

Question 56

With reference to mission Purvodaya, consider the following statements:

1. It was launched by the Ministry of Mines.
2. It will ease the set up of Greenfield steel plants.
3. It will help in India’s march towards a $5 trillion economy.

Which of the above statements is/are correct?

Question 57

Which of the following best describes the term ‘import cover’, sometimes seen in the news?

Question 58

Which of the following is/are treated as ‘artificial currency’?

Question 59

The Global Infrastructure Facility is a/an:

Question 60

What is/are common to the two historical places known as Ajanta and Mahabalipuram?

1. Both were built in the same period.
2. Both belong to the same religious denomination.
3. Both have rock-cut monuments.

Select the correct answer using the code given below:

Question 61

Consider the following statements:

1. Student Start-up NIDHI award aims to promote student innovations and entrepreneurship only.
2. They have been initiated by the Ministry of Skill Development and Entrepreneurship.

Which of the statements given above is/are correct?

Question 62

Consider the following pairs:

	Scheme		Objective
1.	DHRUV	:	Encourage innovative learning
2.	Yuvika	:	Imparting basic knowledge on space technology
3.	Unnati	:	capacity building on Nanosatellite development

Which of the pairs given above is/are correctly matched?

Question 63

Which of the following is the purpose of the programme NISHTHA-

Question 64

With reference to health and nutrition, consider the following statements:

1. Malnutrition comprises both undernutrition and overnutrition.
2. Overnutrition is measured by incidence of overweight obesity and diet-related Non-Communicable Diseases.
3. Wasting is a condition where the weight of the child is lower than the standard for the given height.
4. Stunting means lower than standard height of a child for the given age.

Which of the statements given above is/are correct?

Question 65

Which one of the following statements is not correct?

Question 66

Digi Gaon is an initiative of:

Question 67

With reference to ‘stubble burning’, which one of the following statements is not correct?

Question 68

As per the E-Waste (Management) Amendment Rules, 2018, which one of the following statements is not correct?

Question 69

Consider the following:

1. Sorghum
2. Maize
3. Wheat
4. Ragi

Which of the above are considered as coarse cereals?

Question 70

Consider the following pairs

	List I	List II
1.	Arsenic	Hemophilia
2.	Cadmium	Itai-Itai
3.	Mercury	Minamata
4.	Titanium	Blue baby syndrome

Which of the pairs given above are correctly matched?

Question 71

Consider the following commodities:

1. Rice
2. Wheat
3. Oil seeds

Buffer stock is maintained by the Food Corporation of India (FCI) for which of the above commodities?

Question 72

The ‘Twin Balance Sheet Problem’ is related to which of the following?

Question 73

With reference to DigiLocker, consider the following statements:

1. It is a flagship initiative by the Ministry of Electronics and Information Technology.
2. It aims at securing users’ gold through online registration.

Which of the statements given above is/are correct?

Question 74

With reference to the ‘Vienna Convention on Diplomatic Relations, 1961’, consider the following statements:

1. A diplomat in a foreign state shall not practise any professional or commercial activity for personal profit.
2. India has ratified this convention.

Which of the statements given above is/are correct?

Question 75

With reference to the International Union for Conservation of Nature (IUCN), consider the following statements:

1. It is composed of both government and civil society organisations.
2. World Conservation Congress is an annual conference conducted by IUCN.

Which of the following statements given above is/are correct?

Question 76

With reference to Prime Minister’s Science, Technology & Innovation Advisory Council’s (PM-STIAC) identification of nine national science missions, consider the following statements:

1. The mission aims at addressing major scientific challenges to ensure India’s sustainable development.
2. The mission will directly be under PMO and engage international and national institutional partners.

Which of the statements given above is/are correct?

Question 77

Recently, the Reserve Bank of India has enabled NRIs to invest in specified Government securities (G-secs) through Fully Accessible Route (FAR). Which of the following are the likely outcomes of the scheme?

1. Indian G-secs would attract large funds from major global investors.
2. An increase in volatility in the inflow of foreign investment in government bonds.
3. Inclusion of Indian government securities in global bond indices.

Select the correct answer using the codes given below.

Question 78

Consider the following statements with reference to VIX index:

1. It is an index used to measure volatility expectations of the markets.
2. India VIX has been established by SEBI.
3. VIX value is the important parameters that are taken into account for pricing of derivative instruments.

Which of the statements given above is/are correct?

Question 79

Consider the following statements with reference to PM-CARES Fund:

1. It is meant for supporting relief or assistance relating to a public health emergency only.
2. It is set up as a public charitable trust.
3. It has replaced the Prime Minister’s National Relief Fund (PMNRF).

Which of the statements given above is/are correct?

Question 80

With reference to the the Jammu and Kashmir Reorganisation (Adaptation of State Laws) Order, 2020, consider the following statements:

1. It substitutes the existing clause of ‘domicile’ by the ‘permanent resident of the Union Territory’.
2. It enables non-domiciles to apply for the gazetted and non-gazetted posts in Jammu and Kashmir.
3. People registered as migrants under Relief and Rehabilitation Commissioner (Migrants) will not be considered domiciles.

Which of the statements given above is/are NOT correct?

Question 81

The Current Account of Balance of Payment (BoP) of a country includes which of the following items?

1. Trade in Goods
2. Trade in Services
3. Remittance
4. Net Interest Payments

Select the correct answer using the code given below:

Question 82

Among the following, who would prefer low interest rates in the economy?

1. Manufacturers
2. Households
3. Domestic equity investors
4. Government
5. Services exporters

Select the correct answers using the code given below:

Question 83

Securities and Exchange Board of India (SEBI) announced changes to Total Expense Ratio (TER) of mutual funds. Consider the following statements with reference to Total Expense Ratio:

1. It is the cost of running and managing a mutual fund scheme.
2. It is expressed in percentage terms.

Which of the statements given above is/are correct?

Question 84

Which of the following statements best describes a ‘Hard Currency’?

Question 85

Which of the following statements about Women’s Livelihood Bonds (WLBs) is/are correct?

1. These are issued by the International Monetary Fund exclusively for women.
2. These will enable women entrepreneurs in sectors like food processing, agriculture, services and small units.
3. These will be an unsecured and unlisted bond.

Select the correct answer using the code given below:

Question 86

With reference to Mezzanine financing, consider the following statements:

1. It is listed as an asset on the issuing company’s balance sheet.
2. It is a financial instrument having features of both debt and equity.

Which of the statements given above is/are correct?

Question 87

Consider following statements regarding “Wholesale Price Index” (WPI):

1. The new series of Wholesale Price Index (WPI) has base year 2011-12.
2. It is also known as the headline inflation rate in India.
3. It is calculated by the Central Statistics Office.

Which of the statements given above is/are not correct?

Question 88

What will happen when grants to states for the creation of capital assets are increased?

Question 89

The Reserve bank of India provides which of the following facilities to commercial banks to meet their day to day requirements of maintaining balances?

Question 90

Which of the following best describes the ‘Indian Rupee’?

Question 91

With reference to Gross Domestic Knowledge Product (GDKP), consider the following statements:

1. It is developed by the NITI Aayog to measure the growth of the knowledge based economy.
2. It measures the growth of a nation by including the creation and accumulation of knowledge.

Which of the statements given above is/are correct?

Question 92

Which of the following best describes the S & D Box of the World Trade Organisation?

Question 93

Which of the following vaccines come under the Universal Immunisation Programme?

1. BCG
2. OPV
3. Hepatitis B
4. Pentavalent vaccine
5. Rotavirus Vaccine

Select the correct answer using the code given below:

Question 94

With reference to the Shodhganga project, which of the following statements is/are correct?

1. It aims to promote research for clean ganga projects.
2. It will make Indian research available to foreign universities.

Select the correct answer using the code given below:

Question 95

With reference to the ‘Tejaswini’ scheme, which of the following statements is/are correct?

1. It is a scheme for the socio-economic empowerment of disabled youth.
2. Recently India has signed a financing agreement with the World Bank for funding this scheme.

Select the correct answer using the code given below:

Question 96

Which of the following is a student-scientist connect programme that focuses on connecting school students and scientists to develop scientific temper amongst students and their teachers?

Question 97

Recently in the news, GIMS platform is related to:

Question 98

With reference to ‘ICEDASH and ATITHI’ initiatives, consider the following statements:

1. These are the initiatives of the Ministry of Tourism..
2. ATITHI aims to promote tourism in India.

Which of the statements given above is/are correct?

Question 99

‘ARPIT’ sometimes seen in the news, is related to:

Question 100

With reference to One Stop Centres, consider the following statements:

1. They aim to provide assistance under one roof to women affected by violence only at the workplace.
2. It is funded through a Nirbhaya fund.
3. They are formed under the aegis of the Ministry of Women and Child Development (MWCD).

Which of the statements given above is/are correct?