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Question 1 of 5
1. Question
1 pointsWith reference to the Consumer Confidence Survey (CCS) in India, consider the following statements:
1. It is an annual survey conducted by the RBI.
2. Outcomes of this survey are based on prices compared to the previous year and expectations for the year ahead.
Which of the given statements is/are correct?Correct
Answer: (b)
Statement 1 is NOT correct, 2 is correct.
Consumer Confidence Survey (CCS)
• The RBI conducts a bi-monthly Consumer Confidence Survey to measure consumers’ perceptions of the prevailing economic situation.
• It was started in 2015 with surveys in 13 major cities.
• The survey is conducted across various cities and measures consumer confidence on parameters such as the economy, employment, price, income, and spending.
• The survey consists of questions regarding consumers’ sentiments over various factors in the current situation and future.
• CSI and FEI are calculated based on people’s views about the economy, their income, spending, job opportunities, and prices compared to the previous year and expectations for the year ahead.Incorrect
Answer: (b)
Statement 1 is NOT correct, 2 is correct.
Consumer Confidence Survey (CCS)
• The RBI conducts a bi-monthly Consumer Confidence Survey to measure consumers’ perceptions of the prevailing economic situation.
• It was started in 2015 with surveys in 13 major cities.
• The survey is conducted across various cities and measures consumer confidence on parameters such as the economy, employment, price, income, and spending.
• The survey consists of questions regarding consumers’ sentiments over various factors in the current situation and future.
• CSI and FEI are calculated based on people’s views about the economy, their income, spending, job opportunities, and prices compared to the previous year and expectations for the year ahead. -
Question 2 of 5
2. Question
1 pointsConsider the following statements regarding the Anti-Dumping Mechanism in India:
1. The Anti-Dumping mechanism in India is administered by the Directorate General of Anti-Dumping and Allied Duties (DGAD) under the Ministry of Finance.
2. It is covered under the Customs Tariff Act, 1975.
3. The anti-dumping duty is calculated as the difference between the normal value and the export value of the product.
How many of the given statements is/are correct?Correct
Answer: (c)
All the statements are correct.
• The Anti-Dumping mechanism in India is administered by the Directorate General of Anti-Dumping and Allied Duties (DGAD) under the Ministry of Finance.
• The anti-dumping law in India is covered under the Customs Tariff Act, 1975, and the Customs Tariff Rules, 1995.
• The DGAD conducts anti-dumping investigations to determine if the domestic industry has been hurt by a surge in below-cost imports.
• The anti-dumping duty is calculated as the difference between the normal value and the export value of the product.
• The normal value is the market value of the product in the domestic market, while the export value is the price at which the product is exported to India.
• The anti-dumping duty is imposed to offset the price difference and prevent the domestic industry from being harmed by cheap imports.Incorrect
Answer: (c)
All the statements are correct.
• The Anti-Dumping mechanism in India is administered by the Directorate General of Anti-Dumping and Allied Duties (DGAD) under the Ministry of Finance.
• The anti-dumping law in India is covered under the Customs Tariff Act, 1975, and the Customs Tariff Rules, 1995.
• The DGAD conducts anti-dumping investigations to determine if the domestic industry has been hurt by a surge in below-cost imports.
• The anti-dumping duty is calculated as the difference between the normal value and the export value of the product.
• The normal value is the market value of the product in the domestic market, while the export value is the price at which the product is exported to India.
• The anti-dumping duty is imposed to offset the price difference and prevent the domestic industry from being harmed by cheap imports. -
Question 3 of 5
3. Question
1 pointsIn ecology, the concept of ‘Gape Limitation’ implies:
Correct
Answer: (d)
Gape Limitation
• In ecology, the concept of ‘gape limitation’ sheds light on a simple yet crucial idea: predators can only eat prey that fit into their mouths.
• It dictates the range of prey accessible to predators, influencing the dynamics of ecological communities.Incorrect
Answer: (d)
Gape Limitation
• In ecology, the concept of ‘gape limitation’ sheds light on a simple yet crucial idea: predators can only eat prey that fit into their mouths.
• It dictates the range of prey accessible to predators, influencing the dynamics of ecological communities. -
Question 4 of 5
4. Question
1 pointsConsider the following statements about the Voter Verified Paper Audit Trail (VVPAT) in India:
1. It was implemented in all polling stations since 2014 Lok Sabha elections.
2. It allows voters to verify their vote for 7 seconds before the slip drops into a secured box.
3. Use of VVPAT has no legal backing.
How many of the given statements is/are correct?Correct
Answer: (a)
Only statement 2 is correct.
• VVPAT machines, attached to Electronic Voting Machines (EVMs), print a slip showing the voter’s choice, allowing voters to verify their vote for 7 seconds before the slip drops into a secured box.
• The concept emerged in 2010, leading to the creation of prototypes by Bharat Electronics Limited (BEL) and Electronics Corporation of India (ECIL).
• After trials and feedback, the design was approved in February 2013.
• The Conduct of Elections Rules, 1961, were amended to incorporate VVPATs.
• They were first used in Nagaland’s Noksen Assembly constituency in 2013 and were implemented in all polling stations by the 2019 Lok Sabha elections.Incorrect
Answer: (a)
Only statement 2 is correct.
• VVPAT machines, attached to Electronic Voting Machines (EVMs), print a slip showing the voter’s choice, allowing voters to verify their vote for 7 seconds before the slip drops into a secured box.
• The concept emerged in 2010, leading to the creation of prototypes by Bharat Electronics Limited (BEL) and Electronics Corporation of India (ECIL).
• After trials and feedback, the design was approved in February 2013.
• The Conduct of Elections Rules, 1961, were amended to incorporate VVPATs.
• They were first used in Nagaland’s Noksen Assembly constituency in 2013 and were implemented in all polling stations by the 2019 Lok Sabha elections. -
Question 5 of 5
5. Question
1 pointsIn context to modern Indian history, consider the following statements:
1. Coalition government was formed by Hindu Mahasabha in Bengal, Sindh, and North-West Frontier Province (NWFP) in the 1940s with the Muslim League.
2. The Muslim League secured clear majority in seats allotted to Muslims under separate electorates.
Which of the given statements is/are correct?Correct
Answer: (a)
Statement 1 is correct, 2 is not correct.
• Prime Minister recently suggested a link between the Congress manifesto and the Muslim League (which is responsible for the Partition of India), prompting a political debate.
• In rebuttal, critics reminded of a coalition governments formed by Hindu Mahasabha in Bengal, Sindh, and North-West Frontier Province (NWFP) in the 1940s with the Muslim League.
• The Muslim League, which claimed to be the sole representative of Indian Muslims, performed abysmally in the elections.
• The League won just 106 out of the 482 seats allotted to Muslims under separate electorates, and it failed to win even a single seat in the NWFP.
• The Hindu Mahasabha, which had entered electoral politics in the 1930s under V D Savarkar’s leadership, too fared miserable.Incorrect
Answer: (a)
Statement 1 is correct, 2 is not correct.
• Prime Minister recently suggested a link between the Congress manifesto and the Muslim League (which is responsible for the Partition of India), prompting a political debate.
• In rebuttal, critics reminded of a coalition governments formed by Hindu Mahasabha in Bengal, Sindh, and North-West Frontier Province (NWFP) in the 1940s with the Muslim League.
• The Muslim League, which claimed to be the sole representative of Indian Muslims, performed abysmally in the elections.
• The League won just 106 out of the 482 seats allotted to Muslims under separate electorates, and it failed to win even a single seat in the NWFP.
• The Hindu Mahasabha, which had entered electoral politics in the 1930s under V D Savarkar’s leadership, too fared miserable.
Leaderboard: 9th April 2024 | Prelims Daily with Previous Year Questions
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