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Question 1 of 5
1. Question
1 pointsWhich of the following statements regarding Index of Industrial Production (IIP) is/are correct?
1. IIP is published biannually by the Central Statistical Organisation (CSO).
2. It measures the short-term changes in the volume of production of a basket of industrial products during a given period with respect to that in a chosen base period.
Select the correct answer using the codes given belowCorrect
Statement 1 is incorrect while statement 2 is correct.
Index of Industrial Production (IIP) is an index that shows the performance of different industrial sectors of the Indian economy.
The IIP is estimated and published on a monthly basis by the Central Statistical Organisation (CSO).
It is a composite indicator that measures the short-term changes in the volume of production of a basket of industrial products during a given period with respect to that in a chosen base period. The current base year is 2011-2012.Incorrect
Statement 1 is incorrect while statement 2 is correct.
Index of Industrial Production (IIP) is an index that shows the performance of different industrial sectors of the Indian economy.
The IIP is estimated and published on a monthly basis by the Central Statistical Organisation (CSO).
It is a composite indicator that measures the short-term changes in the volume of production of a basket of industrial products during a given period with respect to that in a chosen base period. The current base year is 2011-2012. -
Question 2 of 5
2. Question
1 pointsConsider the following statements
1. Stagflation is an economic scenario where an economy faces high inflation and low growth and high unemployment at the same time.
2. Phillips Curve is an economic concept stating that inflation and unemployment have a stable and inverse relationship.
Which of the statements given above is/are correct?Correct
Both the statements are correct.
Stagflation is an economic scenario where an economy faces both high inflation and low growth (and high unemployment) at the same time.
The conventional view among economists is that there is an inverse relationship between economic growth and inflation. The idea was first proposed by New Zealand economist William Phillips, after whom the “Phillips Curve” is named, based on statistical studies of inflation and unemployment.Incorrect
Both the statements are correct.
Stagflation is an economic scenario where an economy faces both high inflation and low growth (and high unemployment) at the same time.
The conventional view among economists is that there is an inverse relationship between economic growth and inflation. The idea was first proposed by New Zealand economist William Phillips, after whom the “Phillips Curve” is named, based on statistical studies of inflation and unemployment. -
Question 3 of 5
3. Question
1 pointsPeriodic Labour Force Survey is conducted by which of the following organisations?
Correct
The government released the latest annual report of the Periodic Labour Force Survey (PLFS).
The PLFS report shows unemployment rates are falling in a year when GDP growth hit a low.
The PLFS is an annual survey conducted by the National Statistical Office (NSO). It was started in 2017, and it essentially maps the state of employment. In doing so, it collects data on variables such as the level of unemployment, the types of employment and their respective shares, etc.Incorrect
The government released the latest annual report of the Periodic Labour Force Survey (PLFS).
The PLFS report shows unemployment rates are falling in a year when GDP growth hit a low.
The PLFS is an annual survey conducted by the National Statistical Office (NSO). It was started in 2017, and it essentially maps the state of employment. In doing so, it collects data on variables such as the level of unemployment, the types of employment and their respective shares, etc. -
Question 4 of 5
4. Question
1 pointsConsider the following statements regarding I-STEM Portal
1. It is a national web portal for sharing research and development facilities.
2. It has been developed by NITI Aayog.
Which of the statements given above is/are correct?Correct
Statement 1 is correct while statement 2 is incorrect.
I-STEM is a National Web portal for sharing R&D (Research and Development) facilities.
The portal is the gateway for researchers to locate the specific facilities they need for their R&D work and identify the one that is either located closest to them or available the soonest.
It is an initiative of the Office of the Principal Scientific Adviser to the Government of India under the aegis of Prime Minister Science, Technology and Innovation Advisory Council (PM-STIAC) mission.Incorrect
Statement 1 is correct while statement 2 is incorrect.
I-STEM is a National Web portal for sharing R&D (Research and Development) facilities.
The portal is the gateway for researchers to locate the specific facilities they need for their R&D work and identify the one that is either located closest to them or available the soonest.
It is an initiative of the Office of the Principal Scientific Adviser to the Government of India under the aegis of Prime Minister Science, Technology and Innovation Advisory Council (PM-STIAC) mission. -
Question 5 of 5
5. Question
1 pointsConsider the following statements regarding the FIST program
1. It aims to provide a complimentary support for enabling Schools/ Colleges to pursue research activities more effectively and efficiently.
2. It is an initiative of Ministry of Earth Sciences.
Which of the statements given above is/are correct?Correct
Statement 1 is correct while statement 2 is incorrect.
The FIST program was launched by the Department of Science & Technology in 2000.
The program aims to provide basic infrastructure and enabling facilities for promoting R&D activities in new and emerging areas and attract fresh talents in universities & other educational institutions.Incorrect
Statement 1 is correct while statement 2 is incorrect.
The FIST program was launched by the Department of Science & Technology in 2000.
The program aims to provide basic infrastructure and enabling facilities for promoting R&D activities in new and emerging areas and attract fresh talents in universities & other educational institutions.
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