Daily UPSC MCQs

DAY 16: DAILY UPSC PRELIMS 2020 PREVIOUS YEAR QnA PRACTICE

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1. 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

Select the correct answer using the code given below :

 
 
 
 

2. 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 WPI does not capture changes in the prices of services, which CPI does.
  3. Reserve Bank of India has now adopted WPI as its key measure of inflation and to decide on changing the key policy rates.

Which of the statements given above is/are correct?

 
 
 
 

3. 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?

 
 
 
 

4. 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 India.
  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 rise.

Which of the statements given above is/are correct?

 
 
 
 

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

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

Which of the statements given above is/are correct?

 
 
 
 

Question 1 of 5

 

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