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    Question Bank

    Practise UPSC MCQs with explanations

    Attempt real previous-year and practice questions, subject by subject. Every question comes with the correct answer and a detailed explanation — free, no sign-up needed.

    218 questions

    Economy
    2017
    hard

    Which of the following statements best describes the term 'Scheme for Sustainable Structuring of Stressed Assets (S4A)', recently seen in the news?

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    Economy
    2017
    hard

    Consider the following in respect of 'National Career Service': 1. National Career Service is an initiative of the Department of Personnel and Training, Government of India. 2. National Career Service has been launched in a Mission Mode to improve the employment opportunities to uneducated youth of the country. Which of the above statements is/are correct?

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    Economy
    2017
    hard

    With reference to 'National Skills Qualification Framework (NSQF)', which of the statements given below is/are correct? 1. Under NSQF, a learner can acquire the certification for competency only through formal learning. 2. An outcome expected from the implementation of NSQF is the mobility between vocational and general education. Select the correct answer using the code given below:

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    Economy
    2017
    hard

    The Global Infrastructure Facility is a/an

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    Economy
    2017
    hard

    With reference to 'National Investment and Infrastructure Fund', which of the following statements is/are correct? 1. It is an organ of NITI Aayog. 2. It has a corpus of ₹4,00,000 crore at present. Select the correct answer using the code given below:

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    Economy
    2017
    medium

    Which of the following is a most likely consequence of implementing the 'Unified Payments Interface (UPI)'?

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    Economy
    2017
    hard

    What is the purpose of setting up of Small Finance Banks (SFBs) in India? 1. To supply credit to small business units 2. To supply credit to small and marginal farmers 3. To encourage young entrepreneurs to set up business particularly in rural areas Select the correct answer using the code given below:

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    Economy
    2017
    hard

    With reference to 'Quality Council of India (QCI)', consider the following statements: 1. QCI was set up jointly by the Government of India and the Indian Industry. 2. Chairman of QCI is appointed by the Prime Minister on the recommendations of the industry to the Government. Which of the above statements is/are correct?

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    Economy
    2017
    hard

    With reference to the 'National Intellectual Property Rights Policy', consider the following statements: 1. It reiterates India's commitment to the Doha Development Agenda and the TRIPS Agreement. 2. Department of Industrial Policy and Promotion is the nodal agency for regulating intellectual property rights in India. Which of the above statements is/are correct?

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    Economy
    2017
    medium

    What is/are the advantage/advantages of implementing the 'National Agriculture Market' scheme? 1. It is a pan-India electronic trading portal for agricultural commodities. 2. It provides the farmers access to nationwide market, with prices commensurate with the quality of their produce. Select the correct answer using the code given below:

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    Economy
    2017
    hard

    Consider the following statements: 1. The Standard Mark of Bureau of Indian Standards (BIS) is mandatory for automotive tyres and tubes. 2. AGMARK is a quality Certification Mark issued by the Food and Agriculture Organisation (FAO). Which of the statements given above is/are correct?

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    Economy
    2017
    hard

    Who among the following can join the National Pension System (NPS)?

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    Economy
    2017
    medium

    The term 'Domestic Content Requirement' is sometimes seen in the news with reference to

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    Economy
    2017
    hard

    With reference to the 'Prohibition of Benami Property Transactions Act, 1988 (PBPT Act)', consider the following statements: 1. A property transaction is not treated as a benami transaction if the owner of the property is not aware of the transaction. 2. Properties held benami are liable for confiscation by the Government. 3. The Act provides for three authorities for investigations but does not provide for any appellate mechanism. Which of the statements given above is/are correct?

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    Economy
    2017
    hard

    Which of the following statements is/are correct regarding the Monetary Policy Committee (MPC)? 1. It decides the RBI's benchmark interest rates. 2. It is a 12-member body including the Governor of RBI and is reconstituted every year. 3. It functions under the chairmanship of the Union Finance Minister. Select the correct answer using the code given below:

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    Economy
    2017
    medium

    'Recognition of Prior Learning Scheme' is sometimes mentioned in the news with reference to

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    Economy
    2022
    hard

    With reference to the "Tea Board" in India, consider the following statements: 1. The Tea Board is a statutory body. 2. It is a regulatory body attached to the Ministry of Agriculture and Farmers Welfare. 3. The Tea Board's Head Office is situated in Bengaluru. 4. The Board has overseas offices at Dubai and Moscow. Which of the statements given above are correct?

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    Economy
    2022
    hard

    In India, what is the role of the Coal Controller's Organization (CCO)? 1. CCO is the major source of Coal Statistics in Government of India. 2. It monitors progress of development of Captive Coal/Lignite blocks. 3. It hears any objection to the Government's notification relating to acquisition of coal-bearing areas. 4. It ensures that coal mining companies deliver the coal to end users in the prescribed time. Select the correct answer using the code given below:

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    Economy
    2022
    medium

    In India, which one of the following compiles information on industrial disputes, closures, retrenchments and lay-offs in factories employing workers?

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    Economy
    2022
    hard

    With reference to Non-Fungible Tokens (NFTs), consider the following statements: 1. They enable the digital representation of physical assets. 2. They are unique cryptographic tokens that exist on a blockchain. 3. They can be traded or exchanged at equivalency and therefore can be used as a medium of commercial transactions. Which of the statements given above are correct?

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