6TH FEBRUARY ,2021 : DAILY 10.30 A.M UPSC PRELIMS(10 QUESTIONS) MCQs

1. In India, which of the following can be considered as public investment in agriculture?

1. Fixing Minimum Support Price for agriculture produce of all crops
2. Computerization of Primary Agriculture Credit Societies
3. Social Capital development
4. Free electricity supply of farmers
5. Waiver of agriculture loans by the banking system
6. Setting up of cold storage facilities by the governments

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2. What is the importance of the term “Interest Coverage Ratio” of a firm in India?

1. It helps in understanding the present risk of a firm that a bank is going to give a loan to.
2. It helps in evaluating the emerging risk of a firm that a bank is going to give a loan
3. The higher a borrowing firm’s level of Interest Coverage Ratio, the worse is its ability to service its debt.

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3. Which of the following factors/policies were affecting the price of rice in India in the recent past?

1. Minimum Support Price
2. Government’s trading
3. Government’s stockpiling
4. Consumer subsidies

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4. Consider the following statements:

3. The value of Indo-Sri Lanka trade has consistently increased in the last
4. “Textile and textile articles” constitute an important item of the trade between India and Bangladesh.
5. In the last five years, Nepal has been the largest trading partner of India in South Asia.

Which of the statements given above is/are correct?

5. In which one of the following groups are all the four countries members of G20?

6. Under the Kisan Credit Card scheme, short-term credit support is given to farmers for which of the following purposes?

1. Working capital for maintenance of farm assets
2. Purchase of combine harvesters, tractors and mini trucks
3. Consumption requirements of farm households
4. Post-harvest expenses
5. Construction of family house and setting up of village cold storage facility

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7. Consider the following statements

1. The weightage of food in Consumer Price Index (CPI) is higher than that in Wholesale Price Index (WPI).
2. The WTI does not capture changes in, the prices of services, which CPI
3. Reserve Bank of India has now adopted WPI as its key measure of inflation and to decide on changing the key policy

Which of the statements given- above is/are correct?

8. Consider the following pairs

       River                                                                             Flows into

1. Mekong                                                                          Andaman Sea
2. Thames                                                                          Irish Sea
3. Volga                                                                              Caspian Sea
4. Zambezi                                                                      Indian Ocean

Which of the pairs given above is/are correctly matched?

9. Consider the following statements

1. In the case of all cereals, pulses and oil-seeds, the procurement at Minimum Support Price (MSP) is unlimited in any State/UT of
2. In the case of cereals and pulses, the MSP is fixed in any State/UT at a level to which the market price will never

Which of the statements given above is/are correct?

10. With reference to the Indian economy, consider the following statements:

1. ‘Commercial Paper’ is a short-term unsecured promissory
2. ‘Certificate of Deposit’ is a long-term instrument issued by the Reserve Bank of India to a
3. ‘Call Money’ is a short-term finance used for interbank
4. ‘Zero-Coupon Bonds’ are the interest bearing short-term bonds issued by the Scheduled Commercial Banks to

Which of the statements given above is/are correct?