MCQs
Total Questions : 169
| Page 7 of 17 pages
Question 61. Consider the following statements about the Pradhan Mantri Ujjwala Yojana.
Which of the above statements are correct?
- The scheme provides free LPG connection to the women belonging to Below Poverty Line (BPL) households.
- Rs. 8000 crores has been earmarked under the scheme.
- The scheme provides financial support of ` 2800 for each LPG connection to the BPL households.
- The scheme will benefit 5 crore BPL families across the nation.
Which of the above statements are correct?
Answer: Option C. -> 1, 2 and 4
Answer: (c)
Answer: (c)
Answer: Option A. -> signs of economic recovery during an economy downturn
Answer: (a)Green shoots is the first signs of an improvement in an economy that is performing badly. It was first used in this sense by Norman Lamont, the then Chancellor of the Exchequer of the United Kingdom, during the 1991 recession.
Answer: (a)Green shoots is the first signs of an improvement in an economy that is performing badly. It was first used in this sense by Norman Lamont, the then Chancellor of the Exchequer of the United Kingdom, during the 1991 recession.
Question 63. Which of the following statements are true regarding minimum wages in India?
Select the correct answer using the code given below:
- The National Floor Level Minimum Wage (NFLMW) is not binding on States
- There are different level of minimum wages across States
- Minimum wages are different for different categories of employments
Select the correct answer using the code given below:
Answer: Option D. -> All of the above
Answer: (d)
The central government announces the National Floor Level Minimum Wage (NFLMW) which is non-statutory but acts as a benchmark that pulls up the wages of the workers. NFLMW does not operate as a conventional floor wage to protect the lowest-paid workers. Currently, NFLMW is Rs. 176/day.
There are nearly 429 scheduled employments and 1,915 scheduled job categories across India for unskilled workers for which minimum wages are set by different states.
One in every three wage workers in India is not protected by the minimum wage law. States have different minimum wages and the main justification for it is the different levels of economic development.
The proliferation of minimum wage rates and scheduled employments is a strong deterrent for compliance.
Answer: (d)
The central government announces the National Floor Level Minimum Wage (NFLMW) which is non-statutory but acts as a benchmark that pulls up the wages of the workers. NFLMW does not operate as a conventional floor wage to protect the lowest-paid workers. Currently, NFLMW is Rs. 176/day.
There are nearly 429 scheduled employments and 1,915 scheduled job categories across India for unskilled workers for which minimum wages are set by different states.
One in every three wage workers in India is not protected by the minimum wage law. States have different minimum wages and the main justification for it is the different levels of economic development.
The proliferation of minimum wage rates and scheduled employments is a strong deterrent for compliance.
Question 64. With reference to the National Investment Fund which of the disinvestment proceeds are routed, consider the following statements.
- The assets in the National Investment Fund are managed by the Union Ministry of Finance.
- The National Investment Fund is to be maintained within the consolidation fund of India.
- Certain Asset Management companies are appointed as the fund manager.
- A certain proportion of annual income is used for financing select social sectors.
Answer: Option B. -> 3 and 4
Answer: (b)
Answer: (b)
Question 65. In context with the “Aam Admi Bima Yojana”, consider the following statements:
Which among the above is/ are correct statements?
- The scheme has been launched for landless households of rural as well as urban areas of the country.
- The insured person has to pay a nominal premium to avail of benefits under this scheme.
- The “Premium Fund” of this scheme is managed by the LIC of India.
- The scheme is not available to senior citizens.
Which among the above is/ are correct statements?
Answer: Option B. -> 2, 3 and 4
Answer: (b)
Aam Aadmi Bima Yojana (AABY) came into effect in 2013 covers the death and permanent disability for the benefit of rural landless households of age 18 to 59.
The insured person has to pay a nominal premium to avail benefits under this scheme and the “Premium Fund” of this scheme is managed by LIC of India.
Answer: (b)
Aam Aadmi Bima Yojana (AABY) came into effect in 2013 covers the death and permanent disability for the benefit of rural landless households of age 18 to 59.
The insured person has to pay a nominal premium to avail benefits under this scheme and the “Premium Fund” of this scheme is managed by LIC of India.
Question 66. Consider the following statements :
- Kerala Tourism has been conferred the United Nation Award for creating innovative initiatives for sustainable tourism.
- This is for the second time India has won this recognition. First time it was Himachal Pradesh.
Answer: Option B. -> 1 only
Answer: (b)Kerala Tourism has been conferred the United Nation Award for creating innovative initiatives for sustainable tourism, the first time India has ever won the recognition.
Answer: (b)Kerala Tourism has been conferred the United Nation Award for creating innovative initiatives for sustainable tourism, the first time India has ever won the recognition.
Answer: Option A. -> A.P.J. Abdul Kalam
Answer: (a)
Answer: (a)
Answer: Option B. -> Additional central assistance under the scheme would be available as 80% grant to the states
Answer: (b)
Answer: (b)
Answer: Option B. -> When the number of poor is estimated as the proportion of people below the poverty line
Answer: (b)
The Headcount ratio (HCR) is the proportion of a population that exists, or lives, below the poverty line.
The Poverty headcount ratio at the national poverty line (percentage of population) in India was last reported at 21.9% in 2011-12 as per the Tendulkar committee.
Answer: (b)
The Headcount ratio (HCR) is the proportion of a population that exists, or lives, below the poverty line.
The Poverty headcount ratio at the national poverty line (percentage of population) in India was last reported at 21.9% in 2011-12 as per the Tendulkar committee.
Question 70. With reference to digital payments, consider the following statements.
- BHIM app allows the user to transfer money to anyone with a UPI-enabled bank account.
- While a chip-pin debit card has four factors of authentication, BHIM app has only two factors of authentication.
Answer: Option A. -> Only 1
Answer: (a)
Answer: (a)
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