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IASbaba Daily Prelims Test [Day 10]

  • IASbaba
  • June 27, 2015
  • 46
IASbaba's Daily Prelims Test, Prelims 2015, UPSC
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IASbaba Daily Prelims Test [Day 10]

 

Important noteFrom Monday, number of current affairs questions will increase. Now, you have to start with India Year Book and Economic Survey also. Additionally current affairs questions will be more of Environment, Geography, S&T and Culture since in Prelims also, these sections carry more than 50% of Paper 1. Considering the unpredictable nature of questions, we will try our best to cover all important issues from above subjects.

You still have enough time to selectively and qualitatively cover IYB and Eco Survey.  We will divide chapter wise segments for everyday coverage. However, our policy remains same not to favor quantity over quality. Kindly do not ask for more 🙂

Do give feedback and reviews always. Your participation should be visible to us. Otherwise motivation will be on the negative side. 🙂 Moreover, new visitors will also participate and continuous interactive interface will be there. A lot more innovative initiatives are coming up. Invisible participation will defeat the endless effort of our Team. 

Day wise plan will be posted, probably in the evening in this regard. Best wishes

No Current Affairs today– Start preparing for Monday. It’s a challenge for you people now. Solve the questions on current affairs and honestly put your score in the comment box. Lets see your honest attempts. We are not giving Tests in Quiz format because of three reasons-

1. Lack of time to upload as Quiz since we are not a big team.

2. For many, Quiz acts as a hurdle to attempt  tests. While not giving as Quiz, the visibility is more.

3. For your revision, we are also providing these tests in PDF format. If quiz is there, its triple the work.

P.S- We will try our best to make our initiatives user friendly

Topic- Economy

1. Which of the following factors have never been accounted in the calculation of poverty in India before the Rangarajan committee came up with its report on Poverty?

  1. Cost of basic Education
  2. Health expenses
  3. Housing expenses
  4. Nutrition based expenses

Choose the correct answer using the codes below.

  1. 1 and 2 only
  2. 1 and 4 only
  3. All of the above
  4. 4 only

 

2. The concept of ‘Depreciation’ is applicable to which of the following?

  1. Human capital
  2. Physical capital
  3. Currency

Choose the correct answer using the codes below.

  1. 1 and 2 only
  2. 3 only
  3. 2 and 3 only
  4. All of the above

 

3. Entrepreneurs, bureaucrats and politicians are now advancing views about how India can transform itself into a knowledge-based economy by

  1. making its skilled and educated youth fully employed in knowledge sectors
  2. increasing the enrolment ratio in tertiary education
  3. leveraging the power of the Information technology and intellectual capital
  4. reviving its ancient knowledge of science, medicine and astrology from scriptures

 

4. Consider the following statements with regard to the public expenditure on education in India.

  1. Elementary education takes a major share of total education expenditure.
  2. Expenditure per student in tertiary education is higher than that of elementary.
  3. Public expenditure on education per year is greater than that in Defence sector.

  Choose the correct answer using the codes below.

  1. 1 and 2 only
  2. 3 only
  3. 2 and 3 only
  4. All of the above

 

5. Non Banking Financial Company – Micro Finance Institutions (NBFC-MFIs) can serve which of following purposes in India?

  1. Education loans
  2. Loan for Income generation activities
  3. Savings account for the poor

Choose the correct answer using the codes below.

  1. 1 and 2 only
  2. 3 only
  3. 2 and 3 only
  4. All of the above

 

6. Consider the following with reference to the unorganised sector in India.

  1. It generates a miniscule part of India’s GDP.
  2. It employs a majority of India’s working population.
  3. It is not regulated by any laws, rules or regulations.

Choose the correct answer using the codes below.

  1. 1 and 2 only
  2. 1 and 3 only
  3. 2 and 3 only
  4. 2 only

 

7. What is meant by the ‘casualization of workforce’?

  1. Majority of labour moving from regular salaried jobs to self-employment
  2. Majority of labour moving from informal jobs to self-employment
  3. Majority of labour moving from regular salaried jobs to informal jobs
  4. Majority of labour moving from regular salaried and self-employment to informal jobs

 

8. Which of the following human development indicators are published by the United Nations Development Program (UNDP)?

  1. Multi-dimensional poverty Index (MPI)
  2. Inequality-adjusted HDI
  3. Gender Development Index
  4. Gender Inequality Index

Choose the correct answer using the codes below.

  1. 1, 2 and 4 only
  2. 1 and 3 only
  3. 2 and 3 only
  4. All of the above

 

9. Consider the following statements with reference to inequality in India.

  1. India has the lowest income inequality among all emerging economies.
  2. Its income inequality is lower than that in all the western developed countries.
  3. Income inequality in India has increased in the last decade.

Which of the above is/are true?

  1. 1 and 2 only
  2. 2 and 3 only
  3. 1 and 3 only
  4. All of the above

 

10. The Atal Pension Yojana launched in the Union Budget 2015-16 focuses on

  1. All citizens in the unorganized sector
  2. All income tax payer citizens
  3. Only BPL citizens in the unorganized sector
  4. All BPL citizens

Choose the correct answer from the codes below.

  1. 1 and 4 only
  2. 2 only
  3. 3 only
  4. 4 only

 

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