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Question 1 of 5
1. Question
1 pointsWith reference to the National Recruitment Agency, consider the following statements.
1. It will replace recruitment agencies such as Staff Selection Commission (SSC), Railway Recruitment Board (RRB)
2. It will conduct the Common Eligibility Test (CET) for recruitment to gazetted and non-gazetted posts in government.Which of the statement given above is/are correct?
Correct
Explanation:
NRA: Composition and functioning
The NRA will have representatives from the Ministry of Railways, Ministry of Finance/Department of Financial Services, Staff Selection Commission (SSC), Railway Recruitment Boards (RRBs) and Institute of Banking Personnel Selection (IBPS).
A multi-agency body, the NRA will conduct a Common Eligibility Test (CET) to screen/shortlist candidates for the Group B and C (non-technical) posts.
The NRA shall conduct a separate CET each for the three levels of graduate, higher secondary (12th pass) and the matriculate (10th pass) candidates for those non-technical posts to which recruitment is presently carried out by the SSC, RRBs and IBPS.Incorrect
Explanation:
NRA: Composition and functioning
The NRA will have representatives from the Ministry of Railways, Ministry of Finance/Department of Financial Services, Staff Selection Commission (SSC), Railway Recruitment Boards (RRBs) and Institute of Banking Personnel Selection (IBPS).
A multi-agency body, the NRA will conduct a Common Eligibility Test (CET) to screen/shortlist candidates for the Group B and C (non-technical) posts.
The NRA shall conduct a separate CET each for the three levels of graduate, higher secondary (12th pass) and the matriculate (10th pass) candidates for those non-technical posts to which recruitment is presently carried out by the SSC, RRBs and IBPS. -
Question 2 of 5
2. Question
1 pointsThe term Intended Nationally Determined Contribution is sometimes seen in the news in the context of:
Correct
Explanation:
What is NDC-TIA?
It is a joint programme, supported by the International Climate Initiative (IKI) of the German Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU).
On behalf of the GoI, NITI Aayog will be the implementing partner.
It aims to promote a comprehensive approach to decarbonize transport in India, Vietnam, and China.
It is implemented by a consortium of seven other organisations.
Working
The programme has a duration of 4 years.
The India Component will focus on establishing a multi-stakeholder dialogue platform for decarbonizing transport in India, strengthening GHG and transport modelling capacities.
It would help in financing climate actions in transport, offering policy recommendations on electric vehicle (EV) demand and supply policies.
Why need TIA?India has a massive and diverse transport sector that caters to the needs of billion people.
It has the world’s second-largest road network, which contributes to maximum GHG emissions through all means of transportation.
With increasing urbanisation, the fleet size i.e. the number of sales of vehicles is increasing rapidly.
It is projected that the total number of vehicles will be doubled by 2030.Incorrect
Explanation:
What is NDC-TIA?
It is a joint programme, supported by the International Climate Initiative (IKI) of the German Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU).
On behalf of the GoI, NITI Aayog will be the implementing partner.
It aims to promote a comprehensive approach to decarbonize transport in India, Vietnam, and China.
It is implemented by a consortium of seven other organisations.
Working
The programme has a duration of 4 years.
The India Component will focus on establishing a multi-stakeholder dialogue platform for decarbonizing transport in India, strengthening GHG and transport modelling capacities.
It would help in financing climate actions in transport, offering policy recommendations on electric vehicle (EV) demand and supply policies.
Why need TIA?India has a massive and diverse transport sector that caters to the needs of billion people.
It has the world’s second-largest road network, which contributes to maximum GHG emissions through all means of transportation.
With increasing urbanisation, the fleet size i.e. the number of sales of vehicles is increasing rapidly.
It is projected that the total number of vehicles will be doubled by 2030. -
Question 3 of 5
3. Question
1 pointsWhich one of the following is not a sub-index of the Export Preparedness Index (EPI) 2020?
Correct
Explanation:
EPI 2020
EPI intends to identify challenges and opportunities; enhance the effectiveness of government policies; and encourage a facilitative regulatory framework.
The structure of the EPI includes 4 pillars –Policy; Business Ecosystem; Export Ecosystem; Export Performance.
It has 11 sub-pillars –Export Promotion Policy; Institutional Framework; Business Environment; Infrastructure; Transport Connectivity; Access to Finance; Export Infrastructure; Trade Support; R&D Infrastructure; Export Diversification; and Growth Orientation.
Highlights of the EPI
This edition of the EPI has shown that most Indian states performed well on average across the sub-pillars of Exports Diversification, Transport Connectivity, and Infrastructure.
Overall, most of the Coastal States are the best performers. Gujarat, Maharashtra and Tamil Nadu occupy the top three ranks.
Six of eight coastal states feature in the top ten rankings, indicating the presence of strong enabling and facilitating factors to promote exports.
In the landlocked states, Rajasthan has performed the best, followed by Telangana and Haryana.
Among the Himalayan states, Uttarakhand is the highest, followed by Tripura and Himachal Pradesh.
Across the UTs, Delhi has performed the best, followed by Goa and Chandigarh.Explanation:
EPI 2020
EPI intends to identify challenges and opportunities; enhance the effectiveness of government policies; and encourage a facilitative regulatory framework.
The structure of the EPI includes 4 pillars –Policy; Business Ecosystem; Export Ecosystem; Export Performance.
It has 11 sub-pillars –Export Promotion Policy; Institutional Framework; Business Environment; Infrastructure; Transport Connectivity; Access to Finance; Export Infrastructure; Trade Support; R&D Infrastructure; Export Diversification; and Growth Orientation.
Highlights of the EPI
This edition of the EPI has shown that most Indian states performed well on average across the sub-pillars of Exports Diversification, Transport Connectivity, and Infrastructure.
Overall, most of the Coastal States are the best performers. Gujarat, Maharashtra and Tamil Nadu occupy the top three ranks.
Six of eight coastal states feature in the top ten rankings, indicating the presence of strong enabling and facilitating factors to promote exports.
In the landlocked states, Rajasthan has performed the best, followed by Telangana and Haryana.
Among the Himalayan states, Uttarakhand is the highest, followed by Tripura and Himachal Pradesh.
Across the UTs, Delhi has performed the best, followed by Goa and Chandigarh.Incorrect
Explanation:
EPI 2020
EPI intends to identify challenges and opportunities; enhance the effectiveness of government policies; and encourage a facilitative regulatory framework.
The structure of the EPI includes 4 pillars –Policy; Business Ecosystem; Export Ecosystem; Export Performance.
It has 11 sub-pillars –Export Promotion Policy; Institutional Framework; Business Environment; Infrastructure; Transport Connectivity; Access to Finance; Export Infrastructure; Trade Support; R&D Infrastructure; Export Diversification; and Growth Orientation.
Highlights of the EPI
This edition of the EPI has shown that most Indian states performed well on average across the sub-pillars of Exports Diversification, Transport Connectivity, and Infrastructure.
Overall, most of the Coastal States are the best performers. Gujarat, Maharashtra and Tamil Nadu occupy the top three ranks.
Six of eight coastal states feature in the top ten rankings, indicating the presence of strong enabling and facilitating factors to promote exports.
In the landlocked states, Rajasthan has performed the best, followed by Telangana and Haryana.
Among the Himalayan states, Uttarakhand is the highest, followed by Tripura and Himachal Pradesh.
Across the UTs, Delhi has performed the best, followed by Goa and Chandigarh.Explanation:
EPI 2020
EPI intends to identify challenges and opportunities; enhance the effectiveness of government policies; and encourage a facilitative regulatory framework.
The structure of the EPI includes 4 pillars –Policy; Business Ecosystem; Export Ecosystem; Export Performance.
It has 11 sub-pillars –Export Promotion Policy; Institutional Framework; Business Environment; Infrastructure; Transport Connectivity; Access to Finance; Export Infrastructure; Trade Support; R&D Infrastructure; Export Diversification; and Growth Orientation.
Highlights of the EPI
This edition of the EPI has shown that most Indian states performed well on average across the sub-pillars of Exports Diversification, Transport Connectivity, and Infrastructure.
Overall, most of the Coastal States are the best performers. Gujarat, Maharashtra and Tamil Nadu occupy the top three ranks.
Six of eight coastal states feature in the top ten rankings, indicating the presence of strong enabling and facilitating factors to promote exports.
In the landlocked states, Rajasthan has performed the best, followed by Telangana and Haryana.
Among the Himalayan states, Uttarakhand is the highest, followed by Tripura and Himachal Pradesh.
Across the UTs, Delhi has performed the best, followed by Goa and Chandigarh. -
Question 4 of 5
4. Question
1 points‘Eat Out to Help Out’ Scheme recently seen in news is related:
Correct
Explanation:
What is the EOHO Scheme?
The EOHO Scheme is an economic recovery measure by the UK government to support hospitality businesses as they reopen after the lockdown.
The scheme was announced as part of the Plans for Jobs summer economic update.
Under the EOHO Scheme, the government would subsidise meals (food and non-alcoholic drinks only) at restaurants by 50 per cent.
There is no minimum spending and no limit on the number of times customers can avail the offer, since the whole point of the scheme is to encourage a return to dining in restaurants.Incorrect
Explanation:
What is the EOHO Scheme?
The EOHO Scheme is an economic recovery measure by the UK government to support hospitality businesses as they reopen after the lockdown.
The scheme was announced as part of the Plans for Jobs summer economic update.
Under the EOHO Scheme, the government would subsidise meals (food and non-alcoholic drinks only) at restaurants by 50 per cent.
There is no minimum spending and no limit on the number of times customers can avail the offer, since the whole point of the scheme is to encourage a return to dining in restaurants. -
Question 5 of 5
5. Question
1 pointsWhich of the following statements is/are correct regarding the ‘Monetary Policy Committee (MPC)?
- It decides the RBI’s benchmark interest rates.
- It is a 12-member body including the Governor of RBI and is reconstituted every year.
- It functions under the chairmanship of the Union Finance Minister.
Select the correct answer using the code given below:
Correct
Explanation: The Monetary Policy Committee fixes the benchmark policy rate (repo rate) to maintain price stability with the object of growth. Statement 1 is hence, correct. Statement 2 is incorrect because there are only 6 members. Statement 3 is incorrect because the chairman is the bank’s governor.
Incorrect
Explanation: The Monetary Policy Committee fixes the benchmark policy rate (repo rate) to maintain price stability with the object of growth. Statement 1 is hence, correct. Statement 2 is incorrect because there are only 6 members. Statement 3 is incorrect because the chairman is the bank’s governor.
Leaderboard: 27th Aug 2020 | Prelims Daily with Previous Year Questions
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