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Table of Contents ECONOMY 01 Questions……………………………………………………………………………………………………………………………………………02 Answers and Solutions..………………………………………………………………………………………………………………………06 POLITY 20 Questions ………………………………………………………………………………………………………………………………………….21 Answers and Solutions ……………………………………………………………………………………………………………………..29 ENVIRONMENT AND ECOLOGY 52 Questions ….………………………………………………………………………………………………………………………………………53 Answers and Solutions ………………………………………………………………………………………………………………………61 SCIENCE AND TECHNOLOGY 87 Questions ………………………………………………………………………………………………………………………………………..88 Answers and Solutions …………………………………………………………………………………………………………………….94 INTERNATIONAL RELATIONS 112 Questions ……………………………………………………………………………………………………………………………………….113 Answers and Solutions…………………………………………………………………………………………………………………….117 GOVERNMENT SCHEMES 131 Questions ……………………………………………………………………………………………………………………………………….132 Answers and Solutions…………………………………………………………………………………………………………………….135 MISCELLANEOUS 144 Questions ………………………………………………………………………………………………………………………………………..145 Answers and Solutions……………………………………………………………………………………………………………………..152 ECONOMY Q1. Which of the following is the best correct? description of the term ‘Asian Premium’ often a) 1 only seen in news? b) 2 only a) It is the money which developed countries c) Both 1 and 2 agreed to give to the poor countries of Asia to d) Neither 1 nor 2 avoid climate change. b) Extra charges being collected by OPEC Q6. ‘Generalised System of Preferences’, often countries from Asian countries when selling seen in the news is: oil in comparison to Western countries. a) A preferential tariff system extended by c) The total amount of investments Asian developed countries to developing countries. Countries received from World Bank in the b) Non-discriminatory trade policy last decade. commitment offered by one country to d) The extra amount of FDI Asian Countries another on a reciprocal basis. received in last few years due to their c) A preferential tariff system extended by population and lack of development. India to African countries. d) A generalised system of mapping consumer Q2. Consider the following about ‘Compact preferences 2025’: 1. It is an initiative for ending hunger and Q7. Consider the following about ‘Global Real undernutrition by 2025. Estate Transparency Index’: 2. It has been started by Food Corporation of 1. The survey is released by United Nations India (FCI). Human Settlement Programme. Which of the statements given above is/are 2. In the latest edition (2018) of index, India correct? has moved up one place due to improvement a) 1 only in market fundamentals, policy reforms, and b) 2 only liberalisation of FDI. c) Both 1 and 2 Which of the statements given above is/are d) Neither 1 nor 2 correct? a) 1 only Q3. ‘Consumer Confidence Survey’ often seen b) 2 only in the news is released by: c) Both 1 and 2 a) NITI Aayog d) Neither 1 nor 2 b) Ministry of Commerce and Industry c) The Reserve Bank of India Q8. Which of the following best describes d) Ministry of Consumer Affairs ‘Liberalised Remittance Scheme’ of RBI: a) All resident individuals , including minors, Q4 Consider the following about ‘Directorate are allowed to freely remit up to USD of Revenue Intelligence’: 2,50,000 per financial year (April – March) for 1. It is the apex anti-money laundering any permissible current or capital account agency of India. transaction or a combination of both. 2. It works under the Central Board of b) All non-resident individuals, including Indirect Taxes & Customs, Ministry of minors, are allowed to freely remit up to USD Finance, Government of India. 2,50,000 per financial year (April – March) for Which of the statements given above is/are any permissible current or capital account correct? transaction or a combination of both. a) 1 only c) All resident individuals, excluding minors, b) 2 only are allowed to freely remit up to USD 2, c) Both 1 and 2 50,000 per financial year (April – March) for d) Neither 1 nor 2 any permissible current or capital account transaction or a combination of both. Q5. Consider the following about ‘Export d) All foreigners are allowed to freely remit up Promotion Council for Handicrafts’: to USD 2,50,000 per financial year (April – 1. It is a non-profit organisation established March) for any permissible current or capital under the Companies Act in the year 1986- account transaction or a combination of both. 87. 2. It is an apex body of handicrafts exporters Q9. Which of the following is the best for promotion of exports of Handicrafts from description of the term ‘Mathew Effect’ country. sometimes seen in news? Which of the statements given above is/are a) A social phenomenon wherein people who 2 already possess high economic or social 2. Its main objective is to leverage low-cost, status continue to do so over time innovative technologies and processes for b) A social phenomenon wherein people who sustenance. possess high economic or social status Which of the statements given above is/are suddenly lose that status. correct? c) A social phenomenon wherein people who a) 1 only possess low economic or social status b) 2 only improve their status over time c) Both 1 and 2 d) Convergence of income between the poor d) Neither 1 nor 2 and the rich. Q14. In which of the following locations Q10. Which of the following best describes Strategic Oil Reserves have not been ‘No-Fly List’? established? a) It is a list prepared by the government, of a) Visakhapatnam people who are prohibited to travel through b) Mangalore airways. c) Padur b) It is a list prepared by the government, of d) Ambala aircrafts which are prohibited from flying. c) It is a list prepared by the government, of Q15. Which of the following state government zones where private aircrafts are prohibited has launched ‘Surya Shakti Kisan Scheme’? from entering. a) Uttar Pradesh d) It is a list prepared by the government of b) Gujarat types of drones which are prohibited from c) Madhya Pradesh flying near government premises. d) Rajasthan Q11. Consider the following about ‘RAIL- Q16. Consider the following statements about MADAD’: ‘UDYAM SANGAM’: 1. It is a mobile App to register complaints by 1. It is organised by The Ministry of Corporate passengers through mobile phone/web. Affairs. 2. It relays real time feedback to passengers 2. The purpose of the Conclave is to on the status of redressal of their complaints encourage dialogue and partnership among Which of the statements given above is/are various stakeholders of the MSME ecosystem correct? and for promoting innovation and knowledge a) 1 only sharing on MSME related issues. b) 2 only Which of the statements given above is/are c) Both 1 and 2 correct? d) Neither 1 nor 2 a) 1 only b) 2 only Q12. Consider the following about ‘Renewal c) Both 1 and 2 Energy Dialogue’: d) Neither 1 nor 2 1. This dialogue is organised by Council on Energy, Environment and Water (CEEW). Q17. Consider the following statements about 2. It offers a platform for engaged ‘Unorganised Worker Identification Number’: deliberations on the role of different 1. It is an initiative of The Ministry of stakeholders in advancing renewable energy Corporate Affairs under Unorganized deployment, balancing both domestic Workers’ Social Security Act, 2008. priorities and international mitigation 2. It will improve unorganised workers’ access ambitions and commitments. to all social security schemes. Which of the statements given above is/are Which of the statements given above is/are correct? correct? a) 1 only a) 1 only b) 2 only b) 2 only c) Both 1 and 2 c) Both 1 and 2 d) Neither 1 nor 2 d) Neither 1 nor 2 Q13. Consider the following about ‘Mission Q18. Consider the following about ‘Water Solar Charkha’: Productivity Mapping of Major Indian Crops 1. It is an initiative of The Ministry of New Report’: and Renewable Energy (MNRE). 1. The report is released by Niti Aayog. 3 2. The report presents for the first time, maps a) Rise in international crude oil prices. on the water productivity of ten major Indian b) Tightening of U.S. monetary policy crops across cultivating districts and states. c) Both a and b Which of the statements given above is/are d) None of the above correct? a) 1 only Q23. With reference to ‘Insolvency and b) 2 only Bankruptcy Code (IBC), 2016’, consider the c) Both 1 and 2 following statements: d) Neither 1 nor 2 1. It deals primarily with insolvency issues in the banking sector. Q19. Consider the following about ‘Zero 2. Timeline for Insolvency resolution process Budget Natural Farming’: is 2 years under IBC, 2016. 1. ‘Zero budget’ farming promises to end a Which of the statements given above is/are reliance on loans and drastically cut correct? production costs, ending the debt cycle for a) 1 only desperate farmers. b) 2 only 2. Under this initiative there is no use of c) Both 1 and 2 chemicals. d) Neither 1 nor 2 3. The movement first evolved in Karnataka. Which of the statements given above is/are Q24. With reference to ‘Deposit Insurance correct? and Credit Guarantee Corporation (DICGC)’, a) 3 only consider the following statements: b) 1 and 2 only 1. It is a subsidiary of Life Insurance c) 2 only Corporation. d) All of the above 2. It provides insurance to deposits up to 10 lakhs. Q20. With reference to ‘Financial stability Which of the statements given above is/are report’, consider the following statements: correct? 1. It is released by the Ministry of Finance. a) 1 only 2. It reflects the overall assessment of the b) 2 only stability of India’s financial system and its c) Both 1 and 2 resilience to risks emanating from global and d) Neither 1 nor 2 domestic factors. Which of the statements given above is/are Q25. ‘Compact2025’, sometimes seen in the correct? news, is related to a) 1 only a) It is an initiative for ending hunger and b) 2 only undernutrition by 2025. c) Both 1 and 2 b) It is an initiative for increasing forest cover d) Neither 1 nor 2 up to 30 percent all over the world by 2025.