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Daily MCQ Quiz

1. Consider the following statements about India-US Bilateral Trade:
  1. India is not a beneficiary of the duty-free benefits provided under the US Generalised System of Preferences.
  2. India is the largest service importer to the USA.
  3. India has a trade surplus with the USA.
Which of the statements given above is/are correct?
2. With reference to the National Food Security Act (NFSA), consider the following statements:
  1. Foodgrains under NFSA are made available to beneficiaries free of cost.
  2. NFSA caters to the food demands of the families under Below Poverty Line (BPL) only.
Which of the statements given above is/are correct?
3. The FRBM Act contain an ?escape clause? under which Centre can exceed the annual fiscal deficit target on which of the following grounds?
  1. Collapse of agriculture
  2. National calamity
  3. National security
  4. Decline in real output growth of a quarter by at least three percentage points below the average of the previous four quarters.
Select the correct answer code:
4. With reference to the Himalayan serow, consider the following statements:
  1. It is listed as Endangered on IUCN Red list.
  2. It is listed in CITES Appendix I.
Which of the following is correct?
5. Consider the following statements about ?Technical Education Quality Improvement Programme? (TEQIP):
  1. The programme aims to overhaul the quality of technical education in the Low Income States and Special Category States (SCS) in India.
  2. The project commenced with the Asian Development Bank (ADB) assistance.
  3. In the year 2002, the Ministry of Human Resource and Development (MHRD) launched the TEQIP scheme.
Which statements are correct?
6. Consider the following statements about Special-Purpose Acquisition Companies
  1. They are also known as blank-cheque companies.
  2. They are lesser riskier investment instruments when compared to an IPO
Which of the following are incorrect?
7. Recently seen in news, Sri Lanka will develop the West Container Terminal (WCT) at the Colombo Port, along with India and which of the following country?
8. In India, deficit financing is usually resorted in order to
  1. Undertake developmental expenditure
  2. Finance the revenue deficit component
  3. Bridge the short-term Current Account Deficit (CAD)
Select the correct answer code:
9. Consider the following statements about Jal Shakti Abhiyan:
  1. The campaign will run through citizen participation.
  2. It is a time-bound, mission-mode campaign.
  3. The focus of the campaign is on water stressed districts and blocks.
Which of the given above statements is/are correct?
10. Consider the following about Agri Infrastructural Devleopment Cess:
  1. It is aimed at not only boosting production but also in helping conserve and process farm output efficiently.
  2. States have been given more autonomy to use funds as per the requirement of the districts.

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