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Test Booklet Series

TEST BOOKLET

GENERAL STUDIES (P) 2023 – Test – 3806

C
Time Allowed: Two Hours Maximum Marks: 200

INSTRUCTIONS

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DOES NOT HAVE ANY UNPRINTED OR TURN OR MISSING PAGES OR ITEMS, ETC. IF SO, GET IT REPLACED BY A
COMPLETE TEST BOOKLET.

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2. ENCODE CLEARLY THE TEST BOOKLET SERIES A, B, C OR D AS THE CASE MAY BE IN THE APPROPRIATE PLACE IN

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THE ANSWER SHEET.

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3. You have to enter your Roll Number on the Test Booklet in the Box 7@
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provided alongside. Do NOT write anything else on the Test Booklet.
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4. This Test Booklet contains 100 items (Questions). Each item is printed in English. Each item comprises four
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responses (answers). You will select the response which you want to mark on the Answer Sheet. In case you feel
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that there is more than one correct response with you consider the best. In any case, choose ONLY ONE response
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for each item.

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5. You have to mark all your responses ONLY on the separate Answer Sheet provided. See direction in the answers
sheet.

6. All items carry equal marks. Attempt all items. Your total marks will depend only on the number of correct
responses marked by you in the answer sheet. For every incorrect response 1/3rdof the allotted marks will be
deducted.

7. Before you proceed to mark in the Answer sheet the response to various items in the Test booklet, you have to
fill in some particulars in the answer sheets as per instruction sent to you with your Admission Certificate.

8. After you have completed filling in all responses on the answer sheet and the examination has concluded, you
should hand over to Invigilator only the answer sheet. You are permitted to take away with you the Test Booklet.

9. Sheet for rough work are appended in the Test Booklet at the end.

DO NOT OPEN THIS BOOKLET UNTIL YOU ARE ASKED TO DO SO

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1. With reference to Asian Infrastructure 3. Under the provisions of the Companies Act,
2013, which of the following companies
Investment Bank (AIIB), consider the
is/are required to spend a minimum of 2% of
following statements: their net profit over the preceding three years
1. AIIB is a multilateral development bank as Corporate Social Responsibility (CSR)?
1. A company having a net worth of five
with a capital size of $100 billion.
hundred crore rupees or more
2. India is the second-largest shareholder in 2. A company having a net profit of two

AIIB. crore rupees

3. A company having a turnover of one
3. AIIB does not lend to members outside of
hundred crore rupees
Asia. Select the correct answer using the code given
below.
Which of the statements given above is/are
(a) 1 and 2 only
correct?
(b) 2 and 3 only
(a) 1 and 2 only (c) 1 only

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(d) 1, 2 and 3
(b) 2 only

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(c) 1 and 3 only

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4. With reference to PM Gati Shakti, consider
(d) 2 and 3 only
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the following statements:
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1. It is a digital platform to bring related

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ministries together for integrated

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2. Consider the following statements regarding

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planning of infrastructure projects.

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2. Under the scheme, dynamic mapping of

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the National Disaster Response Force

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all infrastructure projects with real-time

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(NDRF):
updation will be provided by way of a
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1. It functions under the Ministry of Earth map.

3. An Empowered Group of Secretaries
Sciences.
(EGoS) which approves any changes in
2. It has been constituted under the Disaster
the Master Plan has been constituted
Management Act, 2005. under the chairmanship of Special
Secretary (Logistics) of Ministry of
Which of the statements given above is/are
Commerce and Industry.
correct? Which of the statements given above is/are

(a) 1 only correct?

(a) 1 only
(b) 2 only
(b) 2 and 3 only
(c) Both 1 and 2 (c) 1 and 2 only

(d) Neither 1 nor 2 (d) 1, 2 and 3 only

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5. With reference to Zero Defect Zero Effect, 7. India has recorded the highest-ever annual

consider the following statements: FDI inflow of USD 83.57 billion in the

1. It aims to manufacture goods in the Financial Year 2021-22. In this context,

country with 'zero defects' and to ensure consider the following statements:

that the goods have 'zero effect' on the 1. United Kingdom was the top investor

country with respect to FDI Equity

environment.
inflow.
2. The Bureau of Indian Standards has been
2. Computer Software & Hardware was the
appointed as the National Monitoring &
top recipient sector of FDI Equity inflow.
Implementing Unit (NMIU)
3. Maharashtra was the highest recipient
for implementation of ZED.
state of FDI Equity inflow.
3. Ministry of Environment, Forest and
Which of the statements given above is/are
Climate Change in collaboration with
correct?
NITI Aayog launched the ZED scheme.
(a) 1 only

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Which of the statements given above is/are
(b) 2 only

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not correct?

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(c) 2 and 3 only

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(a) 1 and 2 only (d) None7@
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(b) 3 only
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(c) 2 and 3 only 8. The first All India Annual State Ministers’
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(d) 1, 2 and 3 Conference on Water was recently held. In

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this context, consider the following

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statements regarding the status of water in the

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6. Consider the following:

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1. Life Insurance Corporation of India Indian constitution:

1. Water is a concurrent subject under List

2. Max Life Insurance Company Limited
III of the seventh schedule.
3. General Insurance Corporation of India
2. The Union Government has the powers to
4. New India Assurance Company Limited
regulate and develop inter-State rivers
Which of the above are identified as
under List I of the seventh schedule.
Domestic Systemically Important Insurers
Which of the statements given above is/are
(D-SIIs) in India?
correct?
(a) 1 and 3 only
(a) 1 only
(b) 1, 2 and 3 only
(b) 2 only
(c) 1, 3 and 4 only
(c) Both 1 and 2
(d) 2, 3 and 4 only (d) Neither 1 nor 2
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9. With reference to the 'National Green
Hydrogen Mission' in India, consider the
following statements:
1. It aims to develop a green hydrogen
production capacity of at least 50 MMT
(Million Metric Tonne) per annum by
2030.
2. It will fund the domestic manufacturing
11. Consider the following statements with
reference to Swiss challenge method of
Public Private Partnership (PPP) Model:
1. Private investors can submit proposals
for infrastructure development without an
invitation from the government.
2. The initial proponent has right of refusal

of electrolyzers to produce green and counter-match any superior offers

hydrogen. given by the third party.

3. Ministry of Environment, Forest and 3. The Vijay Kelkar panel had
Climate Change will be responsible for
recommended this model for future PPP
the overall coordination and
projects.
implementation of the Mission.
Which of the statements given above are
Which of the statements given above is/are
correct?

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correct?

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(a) 1 and 2 only

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(a) 1 only

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(b) 2 and 3 only (b) 2 and 3 only
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(c) 2 only (c) 1 and 3 only
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(d) 1, 2 and 3 (d) 1, 2 and 3

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10. Consider the following statements:

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12. Which of the following statements best

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1. Purchasing Managers’ Index (PMI) is an

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describes the Reserve Tranche Position of an

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indicator of business activity for both in

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the manufacturing and services sectors. economy?

2. A score above 50 denotes expansion in (a) It is the total amount of money held by

business activity and below 50 the banks with the Central Bank.
denotes contraction. (b) It is the total liability of the monetary
3. The PMI is compiled by Reserve bank of authority (Central Bank) of the country.
India.
(c) It is the proportion of money that banks
Which of the statements given above is/are
keep with themselves as reserve
correct?
requirement.
(a) 1 only
(b) 2 and 3 only (d) It is the foreign currency amounts that a

(c) 1 and 2 only member country may draw from the IMF

(d) 1, 2 and 3 without agreeing to conditions.

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13. With reference to Foreign Portfolio 16. With reference to Agricultural and Processed
Investment (FPI), consider the following Food Products Export Development
statements: Authority (APEDA), consider the following
1. It is regulated by the Reserve Bank of statements:
India. 1. It is a statutory body under the Ministry
2. It was harmonized by the merger of the of Food Processing Industries.
Foreign Institutional Investor (‘FII’) and 2. APEDA is mandated with the
Qualified Foreign Investor (‘QFI’) mode responsibility of export promotion of
of investment. alcoholic as well as non-alcoholic
3. FPIs can invest in Government Securities
beverages.
in India.
3. It is responsible for monitoring the import
Which of the statements given above are
of sugar in India.
correct?
Which of the statements given above is/are
(a) 1 and 2 only
correct?
(b) 2 and 3 only
(a) 1 and 2 only
(c) 1 and 3 only
(b) 2 only
(d) 1, 2 and 3
(c) 1 and 3 only
14. Consider the following statements with (d) 2 and 3 only
reference to Global Manufacturing Risk

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Index 2021: 17. With reference to recent delays in conducting

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the decennial census of 2021, consider the

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1. This index was released by World Bank.

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2. The ranking assesses the relative following statements regarding the Socio-
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Economic Census of India:
attractiveness of countries as locations of
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production. 1. It is the first paperless census in India

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Which of the statements given above is/are conducted on hand-held electronic

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correct? devices.
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(a) 1 only 2. Like the decennial census, it was based

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(b) 2 only on the individuals.

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(c) Both 1 and 2

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3. It uses the parameters laid down by the

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(d) Neither 1 nor 2

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S.R. Hashim committee.

Which of the statements given above are
15. With reference to the horticulture sector in correct?
India, consider the following statements: (a) 1 and 2 only
1. Overall production in the horticulture (b) 2 and 3 only
sector has surpassed the food grain
(c) 1 and 3 only
production.
(d) 1, 2 and 3
2. It contributes more than 50% to the Gross
Value Added of the agriculture sector.
18. World Manufacturing Production report is
3. Overall productivity of horticulture crops
published by
is higher than that of food grains.
(a) International Monetary Fund
Which of the statements given above is/are
(b) United Nations Industrial Development
correct?
Organization
(a) 1 only
(b) 1 and 3 only (c) World Trade Organization
(c) 2 and 3 only (d) International Bank for Reconstruction
(d) 1, 2 and 3 and Development
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19. Recently Lokur Committee was in the news. 22. With reference to the Five Year Plans in
It is set up to give recommendations on independent India, consider the following
matters related to
pairs:
(a) the definition of scheduled tribes.
Plan Description
(b) the expenditure in the elections to the
parliament and state legislative 1. First Plan : Priority to agriculture
assemblies (1951–56) including irrigation
(c) the environmental impact in the and power projects
Himalayan region.
2. Second Plan : Emphasis on rapid
(d) the road safety measures
(1956-61) industrialization with

20. Consider the following statements with a focus on heavy

reference to the One Nation One Fertiliser industries and capital
Scheme: goods
1. It aims to reduce logistic costs involved
3. Fifth Plan : Focus on poverty
in the transportation of fertilizers.
(1974-79) alleviation and self-
2. It is implemented under the Ministry of
Agriculture and Farmers' Welfare. reliance

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3. This scheme applies to both public and Which of the pairs given above are correctly

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private sector companies.

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matched?

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Which of the statements given above is/are
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(a) 1 and 2 only
correct?
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(b) 2 and 3 only

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(a) 1 only
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(b) 2 and 3 only (c) 1 and 3 only

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(c) 1 and 2 only

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(d) 1, 2 and 3
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(d) 1 and 3 only

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23. With reference to the burial practices of the

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21. Consider the following statements regarding

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the textile industry in India: Indus Valley Civilization, consider the

1. The textiles and apparel industry in India following statements:

is the largest employer among all the
sectors.
2. The Government targets to achieve US
$100 billion in export for textile products
by 2030.
1. Dholavira provides evidence of the burial
of pairs of males and females together.
2. Most common burial method was placing
the body with the head towards the east in

3. USA was the top export destination of a simple pit.

textiles during FY2022. Which of the statements given above is/are
Which of the statements given above is/are not correct?
correct?
(a) 1 only
(a) 1 and 3 only
(b) 2 and 3 only (b) 2 only

(c) 2 only (c) Both 1 and 2

(d) 1, 2 and 3 (d) Neither 1 nor 2
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24. With reference to planning in India, consider
the following statements:
1. Bombay Plan focused on rapid
industrialization with an emphasis on
heavy capital goods and basic industries.
2. Visvesvaraya Plan gave more importance
to agriculture than industrialization.
3. Sarvodaya Plan promoted land reforms,
self-dependent villages, and
decentralized participatory forms of
planning and economic progress.
Which of the statements given above are
28.
correct?
(a) 1 and 2 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) 1, 2 and 3
25. Consider the following statements regarding
27. The water bird count at the Kole Wetlands, a
Ramsar site, and an Important Bird Area was
held recently as part of the Asian Waterbird
Count (AWC) 2023. Where is Kole wetlands
situated?
(a) Madhya Pradesh
(b) Jharkhand
(c) Kerala
(d) Telangana
Which one of the following statements
correctly describes the meaning of 'insurance
penetration'?
(a) The ratio of total insurance premium to
total population in a country.
(b) The percentage of premium used to pay
all the costs of acquiring, writing, and

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New Development Bank:
servicing insurance and reinsurance by

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1. It is a multilateral development bank

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established by BRICS countries. insurance firms.

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(c) The ratio of premium underwritten in a
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New Development Bank. given year to the Gross Domestic Product
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Which of the statements given above is/are

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(GDP) in a country.
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correct?
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(d) The ratio of total profits of an insurance

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(a) 1 only
company to the amount of revenue it
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(b) 2 only
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generates from underwriting insurance

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(c) Both 1 and 2

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policies.
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(d) Neither 1 nor 2

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26. With reference to, “Pradhan Mantri Annadata 29. Which of the following is/are included to
Aay Sanrakshan Abhiyan” (PM-AASHA),
estimate food inflation in India?
which of the following schemes is/are part of
1. Cereals
PM-AASHA?
1. The Price Support Scheme (PSS) 2. Fruits
2. The Price Deficiency Payment Scheme 3. Eggs
(PDPS) 4. Sugar and Confectionery
3. The Pilot of Private Procurement and 5. Tobacco
Stockist Scheme (PPPS)
Select the correct answer using the code given
Select the correct answer using the code given
below.
below.
(a) 1 only (a) 1, 2 and 3 only
(b) 3 only (b) 4 only
(c) 1 and 2 only (c) 1, 2, 3 and 4 only
(d) 1, 2 and 3 (d) 1, 2, 3, 4 and 5
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30. Consider the following statements: 32. With reference to 'Pradhan Mantri Kisan

1. India is the world’s largest importer of Samruddhi Kendras' (PMKSK), consider the

vegetable oil. following statements:

1. This scheme is implemented under the

2. India was the largest consumer of sugar
Ministry of Agriculture and Farmer
in the world during 2021-22
Welfare.
3. India is the world's largest producer of
2. They will act as retail fertilizer shops in
tea.
the country and also provide access to
Which of the statements given above is/are
seeds.
correct? 3. They will conduct soil testing and
(a) 1 only provide useful information about farming

(b) 1 and 2 only techniques to farmers.

(c) 2 and 3 only Which of the statements given above is/are

(d) 1, 2 and 3 correct?

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(a) 1 only

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(b) 1 and 2 only
31. With reference to Neem Coated Urea,
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(c) 2 and 3 only
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consider the following statements:

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(d) 1, 2 and 3
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1. Release of Neem oil in the soil increases

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nitrogen fixation by the soil

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33. Consider the following statements regarding

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microorganisms. National Logistics Policy 2022:

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2. It prevents leaching of nitrogen of urea 1. It aims to lower the cost of logistics from

into the soil and hence prevents the soil the current 10% of GDP to less than 5%

from damage. by the year 2050.

3. It can enhance the yield of paddy and 2. India aims to be among the top 25

countries in the LPI (Logistics

soybean.
Performance Index) by 2030.
Which of the statements given above is/are
Which of the statements given above is/are
correct?
correct?
(a) 1 and 2 only
(a) 1 only
(b) 3 only
(b) 2 only
(c) 2 and 3 only (c) Both 1 and 2
(d) 1, 2 and 3 (d) Neither 1 nor 2
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34. Consider the following statements regarding 36. With reference to the Unlawful Activities
growth in Gross Value Added (GVA) in (Prevention) Act 1967 (UAPA Act), consider
Industry in the last decade: the following statements:
1. Manufacturing has largest presence
1. National Investigation Agency was
within the industrial sector.
established in 2008 under the Act.
2. The share of electricity has been showing
2. Only Indian nationals can be charged
an increasing trend since last five years.
under the act.
Which of the statements given above is/are
correct? 3. It has the death penalty as the highest

(a) 1 only punishment.

(b) 2 only Which of the statements given above is/are

(c) Both 1 and 2 correct?
(d) Neither 1 nor 2
(a) 1 and 2 only

(b) 2 and 3 only

35. In the context of the World Trade

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(c) 3 only

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Organization (WTO), consider the following

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(d) 1, 2 and 3

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statements with respect to the Amber Box
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subsidies:
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1. These are trade distorting by making 37. Recently, the 108th Indian Science Congress
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products of a particular country cheaper was held in Nagpur. Consider the following
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in comparison to other country's statements regarding the Indian Science

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products. Congress:
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2. Support limit of subsidy is capped at 10%

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1. The Indian Science Congress Association

of the total agricultural production for
was an initiative of Pandit Jawaharlal
developed countries and at 5% for
Nehru.
developing countries.
2. It is presided over by the chairman of the
3. It includes input subsidies such as
subsidies for fertilisers, seeds, electricity, Defence Research and Development

etc. Organisation.

Which of the statements given above is/are Which of the statements given is/are correct?
correct? (a) 1 only
(a) 1, 2 and 3
(b) 2 only
(b) 1 and 3 only
(c) Both 1 and 2
(c) 1 and 2 only
(d) Neither 1 nor 2
(d) 3 only
9 www.visionias.in ©Vision IAS
38. With reference to basic criteria for MSME 40. 'Prajjwala Challenge' was recently seen in the
classification, consider the following news, in the context of:
(a) electrification of rural areas.
statements:
(b) supply of gas pipelines in hilly areas.
1. Micro enterprises are those companies
(c) adding more cities in smart city
where the investment in plant and campaign.
machinery does not exceed one crore (d) transformation of the rural economy with
rupees and annual turnover does not special focus on rural women belonging
to the marginalised rural communities in
exceed five crore rupees.
India.
2. In medium enterprises, the investment in
plant and machinery does not exceed 41. With reference to FDI, consider the following
twenty five crore rupees and annual statements:
turnover does not exceed one hundred 1. In the Year 2020-21, India received the
lowest FDI since the 1991 reforms due to
crore rupees.
Covid 19.
Which of the statements given above is/are
2. Recently annual FDI inflows in India
correct? crossed the 100 Billion mark.

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(a) 1 only Which of the statements given above is/are

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correct?

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(b) 2 only

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(a) 1 only
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(b) 2 only
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(d) Neither 1 nor 2

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(c) Both 1 and 2

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(d) Neither 1 nor 2

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39. With reference to “Fair and Remunerative

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Price (FRP)”, consider the following 42. Consider the following pairs:
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IPR Description
statements:
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Convention/
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1. FRP is the price declared by the

Agreement
government, which sugar mills are 1. Paris : Protection of Industrial
legally bound to pay to farmers for the Convention Property
cane procured from them. 2. Nice : Classification of goods
Agreement and services for
2. It is fixed and announced by the
registering trademarks
Commission for Agricultural Costs and
and service marks
Prices (CACP). 3. Berne : Protection of Literary
Which of the statements given above is/are Convention and Artistic Works
correct? How many pairs given above are correctly
matched?
(a) 1 only
(a) Only one pair
(b) 2 only
(b) Only two pairs
(c) Both 1 and 2 (c) All three pairs
(d) Neither 1 nor 2 (d) None of the pairs
10 www.visionias.in ©Vision IAS
43. Which of the following statements regarding 45.
'Pradhan Mantri Jeevan Jyoti Bima Yojana'
is/are correct?
1. It is a one-year life insurance scheme
renewable from year to year offering
coverage for death due to any reason.
2. Individuals in the age group of 18-70
years having a savings bank or a post
office account are entitled to enroll under
the scheme.
3. It is mandatory for the participatory
46.
account holders to link their Aadhar Card
to their account to avail benefits of the
scheme.
With reference to the recession in an
economy, consider the following statements:
1. Two consecutive quarters of negative
economic growth is an indicator of
recession.
2. Recession is normally considered to be
extremely severe than depression as the
decline in GDP can exceed 10 percent.
Which of the statements given above is/are
correct?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Consider the following statements with
reference to concept of floor wage:
1. The floor wage is determined by the
central government and it cannot be

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varied across different geographical

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Select the correct answer using the code given areas.

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2. The Code on Wages, 2019 stipulates that

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below.
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the minimum wage that is paid to every
(a) 1 only
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employee cannot go below the floor
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(b) 2 and 3 only wage.

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Which of the statements given above is/are

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(c) 1 and 3 only

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correct?
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(d) 1, 2 and 3 (a) 1 only

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(b) 2 only
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(c) Both 1 and 2

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44. Which of the following is/are the major (d) Neither 1 nor 2
contributor(s) to India's balance of payments
47. With reference to 'major airports in India,
crisis in 1991?
consider the following statements:
1. Decline in exports from India 1. An airport can be designated as a 'major
airport' only if it has annual passenger
2. Increase in global prices of crude oil
traffic of at least 35 lakhs.
3. Decline in foreign remittances 2. Airports Authority of India (AAI)
Select the correct answer using the code given regulates tariffs for aeronautical services
at major airports.
below.
Which of the statements given above is/are
(a) 1 and 2 only correct?
(a) 1 only
(b) 2 only
(b) 2 only
(c) 1 and 3 only (c) Both 1 and 2
(d) 1, 2 and 3 (d) Neither 1 nor 2
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48. Consider the following statements regarding 50. With reference to Minimum Support Price,

PLI (Production Linked Incentive) scheme: consider the following statements:

1. The objective of the scheme is to make 1. It is announced by the Government of
domestic manufacturing globally
India for 32 major agricultural
competitive.
commodities every year.
2. Incentives under the scheme are
2. The Commission for Agricultural Costs
calculated on the basis of incremental
& Prices (CACP) considers both the
sales.
imputed cost of capital and the rent on the
Which of the statements given above is/are

correct? land while recommending the MSP.

(a) 1 only Which of the statements given above is/are

(b) 2 only correct?

(c) Both 1 and 2 (a) 1 only

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(d) Neither 1 nor 2
(b) 2 only

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(c) Both 1 and 2

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49. With reference to various pricing 7@
(d) Neither 1 nor 2
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mechanisms, which of the following

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statements is not correct?

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51. Which of the following are most likely

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(a) Market price refers to the price at which

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the assets, products, and services are consequences of rigid labor laws?
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bought and sold. 1. Increased compliance burden on firms

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(b) Control Price is the technique of 2. Increased use of contract labor

establishing a lower limit or upper limit 3. Entry and exit barriers for firms
of the selling price of specified goods and
4. Difficulties in hiring and firing
services.
employees
(c) An administered price is the price of a
Select the correct answer using the code given
good or service as dictated by a
below.
government or centralized authority.
(a) 1, 2 and 3 only
(d) Recommendation of price levels for

wheat and rice by the Commission for (b) 2, 3 and 4 only

Agriculture Costs and Prices (CACP) is (c) 1 and 4 only

an example of market price. (d) 1, 2, 3 and 4

12 www.visionias.in ©Vision IAS
52. Which one of the following is the basic 54. Which of the following are Ramsar Sites in
difference between the Central Sector India?

Schemes and Centrally Sponsored Schemes? 1. Thane Creek

1. While the Central Sector Schemes are 2. Tampara Lake

3. Yashwant Sagar
100 percent funded by the Union
Select the correct answer using the code given
Government, the Centrally Sponsored
below.
Schemes (CSSs) are funded by the Centre
(a) 1 and 2 only
and the States in fixed ratios.
(b) 2 and 3 only
2. While the Central Sector Schemes are
(c) 1 and 3 only
mainly formulated on subjects from the (d) 1, 2 and 3
State List of the Seventh Schedule, the
Centrally Sponsored Schemes are 55. Consider the following statements regarding
formulated on subjects mentioned in the the recently released Global Risk Report:
Union List. 1. It is released by United Nations Office for

Which of the statements given above is/are Disaster Risk Reduction.

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2. It is released annually based on Global
correct?

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Risks Perception Survey.

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(a) 1 only

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Which of the statements given above is/are
(b) 2 only
correct? 7@
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(c) Both 1 and 2
(a) 1 only
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(d) Neither 1 nor 2

(b) 2 only
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(c) Both 1 and 2

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53. Consider the following statements regarding (d) Neither 1 nor 2

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the Indian automotive industry:

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1. India has become the second-largest 56. Which of the following statements best
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vehicle market in 2022 after China. describes the term ‘unemployment trap’?
2. Number of automobiles produced in the (a) It is a situation deliberately brought by

country has increased steadily over the the government to reduce unemployment
and increase demand by going for higher
last five years.
economic growth.
3. 100% FDI is allowed in the automobile
(b) It is a phenomenon wherein more people
sector under the automatic route.
are employed than actually needed.
Which of the statements given above is/are
(c) It is a situation where the opportunity cost
correct?
of going to work is higher than remaining
(a) 1 and 2 only unemployed.
(b) 2 and 3 only (d) The situation where the majority of
(c) 3 only workers are employed in the low paying
(d) 1 and 3 only unorganized sector.

13 www.visionias.in ©Vision IAS

57. Consider the following statements: 60. Which of the following are the components of
1. Agricultural exports have increased the New Industrial Policy of 1991?
1. De-licensing of the gunpowder, industrial
steadily during the last five years.
explosives and detonating fuse industry
2. USA continued to remain the top export 2. Abolition of the Monopolistic and
destination for India in FY22. Restrictive Trade Practices (MRTP)
Which of the statements given above is/are Limit
3. Replacement of the Foreign Exchange
correct?
Regulation Act, 1973 with the Foreign
(a) 1 only Exchange Management Act (FEMA),
(b) 2 only 1999
(c) Both 1 and 2 Select the correct answer using the code given
below.
(d) Neither 1 nor 2
(a) 1 and 2 only
(b) 2 and 3 only
58. What is the aim of the 'SPRINT Challenge' (c) 1 and 3 only
initiative launched recently? (d) 1, 2 and 3

(a) It aims to boost the usage of indigenous

61. Consider the following statements regarding
technology in Indian Navy. Business Expectation Index (BEI).

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(b) It aims to bring India's Ease of doing 1. It is released by the World Economic

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business ranking among top 50. Forum.

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2. It gives a glimpse of the demand
(c) It aims to provide free and accessible 7@
conditions in the financial sector.
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basic healthcare to all after Covid-19 Which of the statements given above is/are
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(d) It aims to improve air quality in India by correct?

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reducing PM 2.5 concentration in air. (a) 1 only

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(b) 2 only
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(c) Both 1 and 2

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59. With reference to the recent fiscal trends in (d) Neither 1 nor 2
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Indian economy, consider the following

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statements: 62. Consider the following statements with

respect to the Federation of Indian Export
1. In the current fiscal year, bank loans to
Organisation:
the services sector have surpassed that of 1. It provides the interface between the
the Industrial sector. international trading community of India
2. Indian banks have witnessed the highest and the central and state governments.
2. It is registered under the Societies
incremental credit growth in the current
Registration Act, of 1860.
fiscal year.
3. It issues a Certificate of Origin required
Which of the statements given above is/are as proof of origin of the goods.
correct? Which of the statements given above is/are
correct?
(a) 1 only
(a) 1 only
(b) 2 only
(b) 2 and 3 only
(c) Both 1 and 2 (c) 1 and 3 only
(d) Neither 1 nor 2 (d) 1, 2 and 3
14 www.visionias.in ©Vision IAS
63. Consider the following statements regarding 66. With reference to telecom sector reforms in

Market-Based Economic Dispatch (MBED) India, consider the following statements:

mechanism: 1. Fee-sharing mechanism between the
1. It will ensure that the cheapest electricity government and the telecoms is based on
generating resources available across the 'revenue-sharing fee' model.
country are supplied to meet the overall
2. The tenure for future spectrum auctions is
system demand.
for a period of 30 years.
2. It will make State's Electricity
3. Up to 49% of Foreign Direct Investment
Distribution Companies (DISCOMs) less
(FDI) under the automatic route is
dependent on the state governments.
allowed in the telecom sector.
Which of the statements given above is/are
Which of the statements given above is/are
correct?
correct?
(a) 1 only
(a) 1 and 2 only
(b) 2 only

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(b) 3 only
(c) Both 1 and 2

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(c) 1 and 3 only

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(d) Neither 1 nor 2

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(d) 1, 2 and 3
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64. In India, which one of the following is

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responsible for the registration of civil 67. With reference to Public Private Partnership
ty
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aircraft? (PPP) projects, consider the following

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(a) Airport Authority of India statements regarding Build-Operate-Transfer

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(b) Bureau of Civil Aviation Security

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(BOT) model:
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(c) Airports Economic Regulatory Authority 1. A private player is granted a concession

of India
to finance, build and operate a project for
(d) Directorate General of Civil Aviation
a specified period of time.

2. The risk of the project completely lies

65. Which of the following is the world's first
with the government.
satellite-based two-way capable messaging
Which of the statements given above is/are
solution for premium smartphones
correct?
announced recently?
(a) 1 only
(a) Starlink
(b) 2 only
(b) Snapdragon
(c) Both 1 and 2
(c) Frontier

(d) Tether (d) Neither 1 nor 2

15 www.visionias.in ©Vision IAS
68. Consider the following statements regarding 71. With reference to 'e-commerce entities'
PM-KISAN: operating in India, which of the following
1. Tenant farmers are eligible to get benefits
statements is/are correct?
under the Scheme.
2. The identified beneficiary gets Rs. 6000 1. They refer to sellers offering their goods
every four months under the scheme. or services for sale on an electronic
3. ln case of incorrect declaration, the
marketplace in India.
beneficiary shall be liable for recovery of
transferred financial benefit. 2. They are required to provide information
Which of the statements given above is/are to consumers relating to the country of
correct?
origin at the pre-purchase stage.
(a) 1 and 2 only
(b) 2 and 3 only 3. They are prohibited from organizing
(c) 3 only flash sales.
(d) 1, 2 and 3 Select the correct answer using the code given
below.
69. With reference to Primary Agricultural Credit
Societies (PACS), consider the following (a) 1 and 2 only
statements: (b) 2 only

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1. They are outside the purview of the
(c) 1 and 3 only

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Banking Regulation Act, of 1949.

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2. They are registered under the respective (d) 1, 2 and 3

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state co-operative societies act. 7@
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Which of the statements given above is/are
72. Consider the following statements with
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correct?
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respect to Code on Social Security, 2020:

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(a) 1 only
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(b) 2 only 1. It aims to extend social security benefits

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(c) Both 1 and 2

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to workers in both organised and

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(d) Neither 1 nor 2

unorganised sectors including gig and
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70. In the context of India's foreign trade policy, platform workers.

which one of the following statements about 2. Employees have to complete a minimum
the initiative "Towns of Export Excellence"
of fifteen years of service to be eligible
(TEE) is not correct?
(a) Specified towns with a goods turnover of for gratuity payment.
Rs 750 Crore or more may be notified as 3. Maternity benefit is applicable to every
TEE.
establishment in which ten or more
(b) All the states in India have at least one
employees are employed.
Town of Export Excellence.
(c) Common service providers in TEE areas Which of the statements given above are
will be considered eligible for correct?
authorization under the Export Promotion
(a) 1 and 2 only
Capital Goods (EPCG) Scheme (EPCG)
scheme. (b) 2 and 3 only
(d) This initiative comes under the Ministry (c) 1 and 3 only
of Commerce & Industry.
(d) 1, 2 and 3
16 www.visionias.in ©Vision IAS
73. Which of the following statements is correct 76. Foreign Direct Investment is prohibited under
about African Swine Fever recently seen in which of the following sectors in India?
the news?
1. Trading in Transferable Development
(a) It is a viral disease that attacks buffaloes.
Rights
(b) It is endemic to sub-Saharan Africa and
restricted to African continent. 2. Manufacturing of cigarettes
(c) It has recently started affecting human 3. Lottery Business
beings too after mutation. 4. Gambling and Betting
(d) There is no cure or precaution available
5. Air Transport Services
for the infection yet.
Select the correct answer using the code given

74. With reference to economic reforms, consider below.

the following pairs: (a) 2 and 3 only
Consensus Focus (b) 5 only
1. Washington : Liberalisation of FDI (c) 1, 2, 3 and 4 only
Consensus inflows
(d) 1, 2, 3, 4 and 5
2. Beijing : Self-determination
Consensus and inclusion of

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selective foreign 77. Consider the following statements with

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ideas reference to Industrial Relations Code, 2020:

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3. Santiago : Social and Economic 1. A company with five hundred employees
Consensus Inclusion 7@
can lay off employees without getting
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Which of the pairs given above are correctly

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approval from the government.

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matched?
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(a) 1 and 2 only 2. Trade Unions having more than 51% of

ni
va

(b) 2 and 3 only the workers as members would be

hi
rs

(c) 1 and 3 only recognized as a sole negotiating union.

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(d) 1, 2 and 3
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Which of the statements given above is/are

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correct?
75. Consider the following statements regarding
the World Bank: (a) 1 only
1. India is a founding member of the World (b) 2 only
Bank. (c) Both 1 and 2
2. The Board of Governors is the highest
(d) Neither 1 nor 2
decision-making body at the Bank.
3. To become a member of the World Bank,
a country must first join the United 78. Sammed Shikharji was in the news recently.
Nations. It is a holy site for which of the religious/
Which of the statements given above is/are tribal communities in India?
correct?
(a) Gonds
(a) 1 only
(b) Buddhists
(b) 2 and 3 only
(c) 1 and 3 only (c) Jains
(d) 1 and 2 only (d) Bhils
17 www.visionias.in ©Vision IAS
79. With reference to Foreign Direct Investment 81. Consider the following pairs regarding
(FDI) Policy in the aviation sector in India, different models of investment India
consider the following statements: followed.
1. 100 percent FDI is permitted under
Investment Core Policy
automatic routes in Scheduled Air
Model
Transport Service/Domestic Scheduled
1. Harrod Domar : Policy to increase
Passenger Airline for Non-Resident
Model investment by
Indians.
increasing savings
2. 74 percent of FDI is permitted under
automatic routes for greenfield airport 2. Feldman- : Policy to increase

projects. Mahalanobis investment in

3. 49 percent FDI is permissible in domestic Model capital goods

airlines under the automatic route but this sector
cannot come from foreign airline 3. Leverage : Policy to increase
companies.

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Investment investment by

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Which of the statements given above are
Model borrowed money

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correct?
How many pairs given above are correctly
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(a) 1 and 2 only
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matched?
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(b) 2 and 3 only

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(a) All three pairs

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(c) 1 and 3 only

ni
va

(d) 1, 2 and 3 (b) Only one pair

hi
rs

(c) Only two pairs

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80. In the context of the Balance of Payment, (d) None of the pairs
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which of the following items come under the

Capital Account? 82. Which of the following identifies Central
1. External Commercial Borrowings
Public Sector Enterprises (CPSEs) for
2. Bilateral loans
strategic disinvestment and advice on the
3. Foreign Direct Investment (FDI)
mode of sale, and percentage of shares to be
4. Remittances
sold of the CPSE?
Select the correct answer using the code given
below. (a) NITI Aayog

(a) 2 and 4 only (b) Ministry of Finance

(b) 1, 3 and 4 only (c) Department of Investment and Public

(c) 1, 2, 3 and 4 Asset Management (DIPAM)

(d) 1, 2 and 3 only (d) Ministry of Corporate Affairs
18 www.visionias.in ©Vision IAS
83. Which of the following is/are correct with 85. Recently, Defence Research and
reference to various modes of privatisation in Development Organisation (DRDO) carried
India? out a successful test launch of Prithvi-II. It is
1. Greenfield privatisation involves a
removing barriers to entry for the private (a) frigate
sector hitherto reserved for the public (b) torpedo
sector. (c) tank
2. Under cold privatisation, public (d) ballistic missile
enterprises are made to behave as private
enterprises by giving financial autonomy 86. Which of the following are among the top ten
to seek financial assistance directly from export commodities of India during FY 2020-
the capital market. 21?
3. Disinvestment or divestiture is effected 1. Iron and Steel
by the sale or transfer of shares held by 2. Vegetable Oils
the government directly or through its 3. Marine Products
agencies in enterprises to the private
4. Plastic raw materials
sector.
Select the correct answer using the code given

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Select the correct answer using the code given
below.

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below.

ai
(a) 1 and 2 only

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(a) 1 and 2 only
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(b) 2 and 4 only
(b) 2 only
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(c) 1 and 3 only

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(c) 1 and 3 only

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(d) 3 and 4 only

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(d) 1, 2 and 3
ni
va

87. Consider the following statements regarding

hi
rs

84. India is a member of which of the following

the lending facilities of the International
fo

institutions of the World Bank Group?

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Monetary Fund (IMF):

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1. International Bank for Reconstruction

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1. Rapid Credit Facility (RCF) provides

and Development (IBRD)
rapid concessional financial assistance to
2. International Centre for Settlement of
low-income countries facing an urgent
Investment Disputes (ICSID)
balance of payments need.
3. International Finance Corporation (IFC)
2. Rapid Financing Instrument (RFI)
4. Multilateral Investment Guarantee
provides rapid financial assistance to all
Agency (MIGA)
member countries facing an urgent
5. International Development Association
balance of payments need.
(IDA)
Which of the statements given above is/are
Select the correct answer using the code given
below. correct?

(a) 1, 4 and 5 only (a) 1 only

(b) 2, 3 and 5 only (b) 2 only

(c) 1, 3, 4 and 5 only (c) Both 1 and 2

(d) 1, 2, 3, 4 and 5 (d) Neither 1 nor 2

19 www.visionias.in ©Vision IAS
88. Consider the following statements with 91. Consider the following:
reference to the Dairy sector in India: 1. Artemis 1 Mission
1. It accounts for more than 10 per cent of
2. Lucy Mission
the national economy.
3. Hakuto R Mision
2. India accounts for more than 20 percent
of global milk production. Which of the missions given above is/are
3. India has the largest cattle and buffalo lunar missions?
population in the world. (a) 1 only
Which of the statements given above is/are (b) 2 only
correct?
(c) 1 and 3 only
(a) 1 only
(d) 2 and 3 only
(b) 1 and 2 only
(c) 2 and 3 only
(d) 1, 2 and 3 92. Consider the following statement with
reference to fertiliser subsidy:
89. Which of the following statements is correct 1. The Government pays a subsidy on urea
about the Sagol Kangjei which was,
to fertiliser manufacturers on the basis of
sometimes seen in the news recently?
cost of production.
(a) It is a festival indigenous to Assam for
celebrating harvest. 2. Non-Urea based fertilisers are regulated

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(b) It is a famous equine breed of India from under Nutrient Based Subsidy (NBS)

l.c
ai
Manipur. Scheme.

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(c) It is a sport indigenous to Manipur and
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Which of the statements given above is/are
similar to modern Polo.
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correct?
(d) It is a famous traditional dance form of
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Assam. (a) 1 only

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(b) 2 only
va

90. Consider the following pairs: (c) Both 1 and 2

hi
rs

Initiatives Objective (d) Neither 1 nor 2

fo

1. SFURTI : To organize
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traditional industries
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93. With reference to Farmer Producer

into clusters to make
them competitive Organisations (FPOs), consider the following
2. : To make the smaller statements:
CHAMPIONS units big by 1. It can be registered as a company or
portal handholding and cooperative society.
addressing their
2. Its management lies entirely with the
grievances
3. ASPIRE : To promote startups Small Farmers’ Agribusiness Consortium
for innovation in the (SFAC).
agro-industry Which of the statements given above is/are
Which of the pairs given above is/are correct?
correctly matched?
(a) 1 only
(a) 1 and 2 only
(b) 2 only
(b) 2 only
(c) 3 only (c) Both 1 and 2
(d) 1, 2 and 3 (d) Neither 1 nor 2
20 www.visionias.in ©Vision IAS
94. Consider the following statements regarding 96. With reference to the common BIS standards,

the Pravasi Bharatiya Divas: consider the following pairs:

BIS Used for
1. It is organized by the Ministry of Culture.
standard
2. It is celebrated to commemorate the
1. BIS : Standards compliance
return of Mahatma Gandhi from South Hallmark mark for industrial

Africa to India in 1915. products

2. ISI Mark : Mandatory standard for
3. It is celebrated every year.
gold and silver jewellery
Which of the statements given above is/are
3. Ecomark : Labeling of
correct? environment-friendly
(a) 1 only products

(b) 1 and 2 only Select the correct answer using the code given
below.
(c) 2 only
(a) 1 and 2 only

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(d) 2 and 3 only

l.c
(b) 3 only

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(c) 1 only

95. In the context of the balance of payment (d) 2 only7@

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(BOP), which of the following are included in

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97. Consider the following statements regarding

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the transfer payments?

va

the International Monetary Fund (IMF):

hi
rs

1. Aid received in kind from foreign 1. The International Monetary and Financial
fo
y
nl

governments Committee (IMFC) is the highest

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2. Remittances decision-making body of the IMF.

2. Every member country has equal voting
3. Non-resident deposits
power in decision-making at the IMF.
4. Contributions and donations to religious
3. The Board of Governors has the right to
institutions approve quota increases, allocate or

Select the correct answer using the code given cancel special drawing rights (SDR).
Which of the statements given above is/are
below.
correct?
(a) 1 and 2 only
(a) 1 and 2 only
(b) 3 and 4 only (b) 2 and 3 only
(c) 1, 2 and 3 only (c) 1 and 3 only

(d) 1, 2 and 4 only (d) 3 only

21 www.visionias.in ©Vision IAS

98. Which of the following goods come under the
category of white goods?
1. Refrigerators
2. Dishwashers
3. Air conditioners
4. LED Lights
Select the correct answer using the code given
below.
(a) 1 and 2 only
(b) 3 and 4 only
(c) 1, 2 and 4 only
(d) 1, 2, 3 and 4

99. With reference to the insurance sector in

India, which of the following statements
is/are correct?
1. The number of general insurance
companies are higher as compared to life
insurance companies operating in India.
2. Life insurance penetration is less as

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l.c
compared to general insurance

ai
penetration in India.

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Select the correct answer using the code given
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below.
00
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(a) 1 only
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(b) 2 only
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(c) Both 1 and 2

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(d) Neither 1 nor 2

rs
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100. With reference to ‘Bharat Gaurav Trains’

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scheme, consider the following statements:

1. It allows only private players to operate
trains on theme-based circuits.
2. The operator has the freedom to decide
the route, the halts, and the services
provided but not the tariff.
Which of the statements given above is/are
correct?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2

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