10-06-2023 MCQs Test English

1. Consider the following statements

1. During El nino warm water currents travel to the coast of Indonesia in the Pacific
2. El nino is generally associated with deficient rainfall and warmer conditions in India

Select the the correct statements:

2. Consider the following statements

1. RBI’s monetary policy committee is responsible for deciding key interest rates like Repo, Reverse Repo etc. in the economy.
2. MPC has 10 members

Select the correct statements:

3. Which of the following is the likely consequence of increase of key interest rates by the RBI?

4. Consider the following statements regarding Minimum Support Price.

1. Minimum Support Price (MSP) is a form of market intervention by the Government of India to insure agricultural producers against any sharp fall in farm prices.
2. The pricing of sugarcane is governed by the statutory provisions of the Sugarcane (Control) Order, 1966 issued under the Essential Commodities Act (ECA), 1955.

Choose the correct answer.

5. Which of the following crops are covered under MSP?

1. groundnut
2. rapeseed/mustard
3. toria
4. soyabean
5. sunflower seed

Choose the Correct Answer.