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Question 1 of 5
1. Question
1 pointsConsider the following statements with reference to the Free Movement Regime (FMR) between India and Myanmar
1. It is an agreement facilitating trade and investment between the two countries.
2. Visa-on-arrival at a Myanmar border checkpoint was required for Indian citizens to avail the FMR benefits in Myanmar.
3. The entire length of the India-Myanmar border is covered under the FMR.
How many of the statements given above are correct?Correct
Statements 1, 2 and 3 are incorrect. Although the FMR aimed to improve border relations and connect communities, it wasn’t primarily focused on facilitating trade or investment. It was designed for temporary cross-border movement for specific purposes like trade, farming, and family visits. Visa requirements were not a part of the FMR, and Indian citizens could avail of its benefits without a visa. The FMR was a visa-free arrangement based on a longstanding understanding between the two countries. The FMR was restricted to a specific area within 16 km on either side of the border, not the entire 1,643 km length. Note: Recently, the Indian government has announced its intention to end the FMR along the India-Myanmar border. This is being done as a measure to enhance border security
https://www.civilsdaily.com/news/suspending-the-free-movement-regime-indias-border-policy-with-myanmar/Incorrect
Statements 1, 2 and 3 are incorrect. Although the FMR aimed to improve border relations and connect communities, it wasn’t primarily focused on facilitating trade or investment. It was designed for temporary cross-border movement for specific purposes like trade, farming, and family visits. Visa requirements were not a part of the FMR, and Indian citizens could avail of its benefits without a visa. The FMR was a visa-free arrangement based on a longstanding understanding between the two countries. The FMR was restricted to a specific area within 16 km on either side of the border, not the entire 1,643 km length. Note: Recently, the Indian government has announced its intention to end the FMR along the India-Myanmar border. This is being done as a measure to enhance border security
https://www.civilsdaily.com/news/suspending-the-free-movement-regime-indias-border-policy-with-myanmar/ -
Question 2 of 5
2. Question
1 pointsDESERT CYCLONE’, a joint military exercise was conducted between which of the following countries?
Correct
“Desert Cyclone” is a joint military exercise that commenced recently in Rajasthan, India, involving troops from the Indian Army and the UAE Army. The exercise aims to enhance interoperability between the two armies through the exchange of best practices and experiences in counter-terrorism operations.
Incorrect
“Desert Cyclone” is a joint military exercise that commenced recently in Rajasthan, India, involving troops from the Indian Army and the UAE Army. The exercise aims to enhance interoperability between the two armies through the exchange of best practices and experiences in counter-terrorism operations.
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Question 3 of 5
3. Question
1 pointsConsider the following statements with reference to Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) scheme
1. It primarily aims to increase agricultural productivity and production.
2. The payment under the scheme is based on types of crops grown and types of fertilizers applied to the crops.
Which of the statements given above is/are correct?Correct
Statements 1 and 2 are incorrect. The primary aim of PM-Kisan is not to directly increase agricultural productivity and production. While it aims to support farmers financially, it does not focus on specific production goals or interventions. The payment under the PM-Kisan scheme is not based on the types of crops grown or fertilizers used. Instead, it provides a fixed income support of Rs. 6,000 per year to eligible farmer families, which is disbursed in three equal installments of Rs. 2,000 each.
Incorrect
Statements 1 and 2 are incorrect. The primary aim of PM-Kisan is not to directly increase agricultural productivity and production. While it aims to support farmers financially, it does not focus on specific production goals or interventions. The payment under the PM-Kisan scheme is not based on the types of crops grown or fertilizers used. Instead, it provides a fixed income support of Rs. 6,000 per year to eligible farmer families, which is disbursed in three equal installments of Rs. 2,000 each.
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Question 4 of 5
4. Question
1 pointsConsider the following given below
1. Trade in goods and services
2. Investment
3. Intellectual property rights
4. E-commerce
How many of the above-mentioned sectors are included within the Regional Comprehensive Economic Partnership (RCEP) agreement?Correct
All four sectors are included within the RCEP agreement. The RCEP also covers other areas such as competition policy, government procurement, and labor and environmental protections. Overall, the agreement aims to create a comprehensive framework for economic cooperation among its members, with the goal of boosting trade and investment flows and fostering sustainable development in the Asia-Pacific region.
Incorrect
All four sectors are included within the RCEP agreement. The RCEP also covers other areas such as competition policy, government procurement, and labor and environmental protections. Overall, the agreement aims to create a comprehensive framework for economic cooperation among its members, with the goal of boosting trade and investment flows and fostering sustainable development in the Asia-Pacific region.
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Question 5 of 5
5. Question
1 pointsThe speculative demand for money, ordinarily, is inversely proportional to which of the following given below?
Correct
When the interest rate is very high everyone expects it to fall in future and hence anticipates capital gains from bond-holding. Hence people convert their money into bonds. Thus, speculative demand for money is low. When the interest rate comes down, more and more people expect it to rise in the future and anticipate capital loss.
Thus, they convert their bonds into money giving rise to a high speculative demand for money. Hence speculative demand for money is inversely related to the rate of interest.Incorrect
When the interest rate is very high everyone expects it to fall in future and hence anticipates capital gains from bond-holding. Hence people convert their money into bonds. Thus, speculative demand for money is low. When the interest rate comes down, more and more people expect it to rise in the future and anticipate capital loss.
Thus, they convert their bonds into money giving rise to a high speculative demand for money. Hence speculative demand for money is inversely related to the rate of interest.
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