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A7

PRELIMS TEST SERIES 2015

Science & Technology and Economy
KEY & EXPLANATION
Number of Questions: 100
1.
Ans: B
Exp: The Committee is chaired by
Mr. Kelkar and its report has to
be submitted within a period of 3
months from the date of its
Constitution. It has to suggest
optimal risk sharing mechanism
by analyzing risks involved in PPP
projects in different sectors. It will
also look into existing framework
of sharing of such risks between
the Government and project
developer. For firming-up its
recommendations, the Committee
may consult various stake holders
in the different sectors including
private, government sector, legal
experts, banking and financial
institutions and academia.
2.
Ans: D
Exp: A World Bank Group
flagship
publication,
Doing
Business measures
regulations
affecting 11 areas of the life of a
business. Ten of these areas are
included in this years ranking on
the ease of doing business:
starting a business, dealing with
construction
permits,
getting
electricity, registering property,
getting
credit,
protecting
minority investment,
paying
taxes, trading across borders,
enforcing contracts and resolving
insolvency. Doing
Business also
measures
labor
market
regulation, which is not included
in this years ranking.
3.
Ans: B
Exp: Under the Cenvat Scheme,
a manufacturer of final product or
provider of taxable service shall be
allowed to take credit of duty of
excise as well as of service tax
paid on any input received in the

factory or any input service

received by manufacturer of final
product.
4.
Ans: D
5.
Ans: B
Exp: Manufacturing: 478
Mining & quarrying: 64
Electricity: 1
Total 543 items.
6.
Ans: D
Exp: The Commission allows
commodity
trading
in
22
exchanges in India, of which 6 are
national. Finance Minister Arun
Jaitley announced its merger with
SEBI in his Budget speech of
2015.
7.
Ans: A
Exp: Mega Food Park Scheme is
the flagship program of the
Ministry of Food Processing
Industries, Government of India.
Mega Food Park Scheme proposes
a demand driven/pre-marketed
model
with
strong
backward/forward linkages and
sustainable supply chain.
8.
Ans: C
Exp: IMR in India is around 39,
while MMR is 138, target is 28
and 109 respectively.
9.
Ans: B
Exp: MNAIS is improvised version
of NAIS, the actuarial premiums
are charged which are subsidized
by farmers.
10. Ans: B
Exp: WTO will introduce new
standards for customs checks
and border procedures under
Trade
Facilitation
Agreement
signed in Bali 2013.
11. Ans: C
Exp: By allowing mobile firms and
supermarket
chains,
among

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and cater to individual and small
businesses.
12. Ans: A
Exp: Last month, the Reserve
Bank of India (RBI) released its
Draft Guidelines for setting up of
and
operating
a
Trade
Receivables Discounting System
(TReDS) and sought feedback on
it. The aim of TReDS is to set up
and operate an institutional
mechanism to facilitate financing
of trade receivables of micro,
small and medium enterprises
(MSMEs) from corporate buyers
through multiple financers. The
need for setting up such a system
arises from the fact that MSMEs,
despite playing a very important
role in the country's economy,
continue to face constraints in
obtaining
adequate
finance,
particularly in terms of their
ability to convert their trade
receivables into liquid funds.
13. Ans: D
Exp: the purpose of AIIB is to
provide finance to infrastructure
projects in the Asia Pacific region.
Headquartered in Beijing, is
expected to operationalize soon.
14. Ans: D
Exp: Gujarat has become the
fourth state after Kerala, Madhya
Pradesh and Goa to achieve 100%
target of opening bank accounts
in each household under PMJDY.
15. Ans: D
Exp: An APA is a agreement
between a taxpayer and at least
one tax authority concerning the
TP method functional to a
taxpayer's
inter-company
transactions and will usually
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cover multiple years. Through the

APA, the tax authority accept not
to look for a TP adjustment for
enclosed transactions as long as
the taxpayer obey to the terms
and conditions as agreed by the
APA
16. Ans: B
Exp: Tarapore committee was
constituted by RBI for suggesting
a roadmap on full convertibility of
Rupee on capital account.
17. Ans: A
Exp: Council for advancement of
peoples
action
and
rural
technology.
18. Ans: D
19. Ans: C
20. Ans: D
Exp: Co-existence of public and
private sectors.
21. Ans: C
Exp: As of now 196 SEZ operating
in the country. TN with 36 has
maximum SEZ, followed by
Maharashtra and Karnataka (25
each) and Telangana (24).
22. Ans: B
Exp: Germany, world leader in
renewable energy, is the partner
country for Indias RE-INVEST.
23. Ans: A
24. Ans: B
25. Ans: D
Exp: The interest rate charged by
banks to their largest, most
secure, and most creditworthy
customers on short-term loans.
This rate is used as a guide for
computing interest rates for other
borrowers.
26. Ans: A
27. Ans: C
28. Ans: A
29. Ans: D
30. Ans: B
31. Ans: B
32. Ans: B
33. Ans: B
34. Ans: C
35. Ans: C
36. Ans: B
37. Ans: B
38. Ans: D
39. Ans: C
40. Ans: B

41. Ans: B
Exp: It has been decided that
when implemented, GAAR would
apply prospectively to investment
made on or after April 1, 2017,"
Jaitley said while presenting the
2015-16 Budget.
42. Ans: A
43. Ans: D
44. Ans: C
45. Ans: C
46. Ans: B
47. Ans: C
48. Ans: D
49. Ans: A
50. Ans: C
51. Ans: D
Exp: Sensitive sectors as more
risky sector. There is huge
amount of speculation in these
sectors and hence the risk of
default is also higher
52. Ans: D
53. Ans: C
54. Ans: D
55. Ans: A
56. Ans: B
Exp: Mauritius has emerged as
top source of foreign direct
investment (FDI) into India in
2014-15.
Mauritius
replaced
Singapore to second position in
2014-15. Mauritius accounted for
about 29 per cent of the countrys
total FDI inflows last fiscal. In
2013-14, Singapore had replaced
Mauritius as the top source of FDI
into India. According to the data
of the Department of Industrial
Policy and Promotion (DIPP), India
attracted USD 9.03 billion in FDI
from Mauritius in 2014-15,
whereas it was USD 6.74 billion
from Singapore
57. Ans: B
58. Ans: B
59. Ans: A
60. Ans: B
61. Ans: B
62. Ans: B
63. Ans: D
64. Ans: D
65. Ans: C
66. Ans: C
67. Ans: D
68. Ans: C

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69. Ans: A
Exp: The Human capital Index is
prepared by World Economic
Forum based on 46 indicators
about how well countries are
developing and deploying their
human capital, focusing on
education, skills and employment.
India has been ranked at 100 on
Human Capital Index, which
measures
countries
on
development and deployment of
human capital. Finland has
topped the 124 nation list.
Finland is followed by Norway,
Switzerland,
Canada,
Japan,
Sweden, Denmark, Netherland,
New Zealand and Belgium.
70. Ans D
Exp: 1, 2, 3 options are correct
and only 4 is wrong hence None
DD Kisan has been launched by
Prime Minister Narendra Modi on
26 May 2015 in Delhi. The 24X7
channel is owned by public
service broadcaster Doordarshan
(DD) and is dedicated to
agriculture and allied sectors.
Features of DD Kisan DD Kisan
will disseminate real-time inputs
to farmers on new farming
techniques, water conservation
and organic farming. It will also
share best farm practices in
different parts of the country, quiz
shows for farmers, a bottoms-up
approach involving agriculturists.
Prior to launching this channel,
Prasar Bharati was running
Krishi Darshan programme on
DD. During the Budget of 2014,
NDA government led by Prime
Minister Narendra Modi had had
earmarked 100 crore rupees to
this dedicated channel.
71. Ans: C
Exp: due to centrifugal force.
72. Ans: A
73. Ans: B
Exp: reflecting surface must be at
least 16.5 m away since speed of
sound is 330m/sec
74. Ans: D
75. Ans: C
Exp: as height is same, and in
vacuum takes same time.
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76. Ans: C
Exp:
Penetrating
power
of
Gamma -ray is more than alpha&
beta-rays.
77. Ans: C
Exp: all 3 are good conductors of
heat and electricity
78. Ans: D
Exp: flux is substance added to
the ore during smelting.
Gangue is a rock in which one is
embedded.
79. Ans: B
80. Ans: A
Exp: Silica gel, found in medicinal
bottles absorbs moisture and
saves the medicines. It has
greater applications in medicine
packaging .It is not to kill virus,
germs, and spores and does not
absorb all gases that are present
inside the bottle.
81. Ans: D
Exp: DNA finger printing has
become a powerful tool due to its
ability in tracing evidences of
crime and to establish the
paternity. These evidences can be
collected from hairs, semen ,
saliva.
82. Ans: D
Exp: Uric acid is relatively less
solution in water and many
crystallize and gets deposited in
the
joints
causing
gouts.
Excessive uric acid and certain
salt like calcium oxalate become
the source of kidney stones, when
the kidneys are not functioning
properly.
83. Ans: C
84. Ans: A
85. Ans: A
86. Ans: B
Exp: it provided solar wind is
made mostly of hydrogen ion
interacts with oxygen in lunar soil
and rocks to produce water.
87. Ans: A
Exp: genotype of blood group AB
and O would be AB or OO
respectively. Children with blood

group O and AB is not possible in

this case.
88. Ans: A
Exp : softtret is a disease of
plants caused by bacteria. This
characterized by large scale of
death cells resulting in the
formation of soft shining masses
in edible part of these plants.
89. Ans: D
Exp: These chips are developed
by engineers at IBM. The
neuromorphic chips can process
information in a manner similar
to human brains.
90. Ans: D
Exp: The stomach cancer caused
due to H.pylori is also called as
African enigma. The genes that
protected individuals with African
ancestors were not yet known.
91. Ans: A
Exp: Bicarbonates of calcium and
magnesium cause hardness to
water
92. Ans: D
Exp: It first halted in Muscat,
Omen and started its 35000km
long journey from Abu Dhabi,
UAE. It was piloted by Swiss
pilots. It weighs 2300kg made of
carbon fiber.
93. Ans: C
Exp: Lead glass is used as it is
highly transparent, has high
refractive index and absorbs
radiation.
94. Ans : D
Exp: There are totally 7 payloads.
Remaining 4 are MOXIE, MEDA,
PIXL and SHERLOC
95. Ans C
Exp: Ajeya Warrior is a joint
exercise between the armies of
India and UK. The exercise will be
conducted from 13 June to 28
June 2015 at West down Camp,
Salisbury Plains Training Area,
UK. The Exercise is held
biannually in the two countries,
alternatively. The aim of the
Exercise is to build and promote

positive military relations between

Indian and UK Army and to
enhance their ability to undertake
joint tactical level operations in
Counter
Insurgency/Counter
Terrorism Environment under
United Nations Charter.
96. Ans: C
Exp: 2 is wrong as neutrino is
electrically neutral particle weakly
interacts
with
elementary
subatomic particles. There are 3
types of neutrinos: electron, muon
and tau.
97. Ans: D
Exp: Femur (Thigh bone) is the
longest and strongest bone in
your body. Because the femur is
so strong, it usually takes a lot of
force to break it. The long,
straight part of the femur is called
the femoral shaft.
98. Ans B
99. Exp: Prime Minister of India
is the chairman of the Council of
Scientific
and
Industrial
Research. Council of Scientific
and Industrial Research (CSIR)
established in 1942, is an
autonomous body and Indias
largest research and development
(R&D) organisation, with 37
laboratories and 39 field stations
or extension centres spread
across the nation, with a collective
staff of over 17,000.
100. Ans: B
Exp: World Health Organisation
has declared India free of
maternal and neonatal tetanus.
The elimination of neonatal
tetanus is defined as less than
one case in 1000 live births in
every district across the country.
The disease usually occurs in
newborns through infection of the
unhealed
umbilical
stump,
especially when the stump is cut
with a non-sterile instrument.
Nagaland was the last Indian
state to achieve maternal and
neonatal tetanus elimination

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