30-01-2021 MCQs Test

1. Consider the following statements regarding the Digital Payments Index:

1. Reserve Bank of India has constructed this composite Index to capture the extent of digitisation of payments across the country.
2. Its base period has been revised from 2018 to 2019.

Which of the above statements is/are correct?

2. Consider the following statements regarding the Pradhan Mantri Jan Arogya Yojana (PM-JAY):

1. It was launched by Government of India in 2018 to provide healthcare access to the most vulnerable sections.
2. It is being used significantly for high frequency, low cost care such as dialysis.
3. Bihar, Sikkim and West Bengal have implemented it.

Which of the above statements are correct?

3. In which of the following commodities did India had favourable trade balance during 2020-21 as compared to 2019-20?

1. Iron and steel
2. Computer Hardware, Peripherals
3. Marine products
4. Electronics Components
5. Basmati Rice

Select the correct answer using the codes given below:

4. Consider the following statements about merchandise trade balance for 2020-21:

1. India had the most favourable trade balance with USA followed by Iraq and Saudi Arabia.
2. The highest trade deficit is with China followed by Bangladesh and Nepal.

Which of the above statements is/are incorrect?

5. Consider the following statements about the pharmacy of the world:

1. Indian pharmaceutical industry is third largest in the world, in terms of volume, behind China.
2. India is the only country with largest number of US Food and Drug Administration compliant pharma plants outside of USA.

Which of the above statements is/are correct?

6. Which of the following statements is/are correct about the Consumer Price Index Numbers for Industrial Workers (CPI-IW)?

1. It measures the impact of price rise on the cost of living for working class families spread across certain select industries.
2. The base year of CPI-IW is 2001.

Select the correct answer using the codes given below:

7. Consider the following statements:

1. The share of agriculture and allied sectors in GVA of the country has increased from 2014-15 to 2019-20.
2. The increase in the share of crops has been made up by an decline in the share of livestock and fisheries sectors.

Which of the above statements is/are incorrect?

8. With reference to the Human Development, consider the following statements:

1. India’s rank in Human Development Index (HDI) was 129 in 2019 out of a total 189 countries.
2. Planetary pressures adjusted HDI (PHDI) falls below the HDI if a country puts no pressure on the planet.

Which of the above statements is/are incorrect?

9. Consider the following statements about the coal and steel in India:

1. India is the second-largest producer of crude steel only after China.
2. Steel accounts for 55 per cent of the country’s energy needs.

Which of the above statements is/are incorrect?

10. Which of the following missions fall under the National Action Plan on Climate Change (NAPCC)?

1. National Solar Mission (NSM)
2. National Mission for Enhanced Energy Efficiency (NMEEE)
3. National Mission on Sustainable Habitat (NMSH)
4. National Mission for a Green India (GIM)
5. National Mission for Sustainable Agriculture

Select the correct answer using the codes given below: