INDIAN ECONOMY
A)
Tamil Nadu
B)
Karnataka
C)
Telangana
D)
Andhra Pradesh

Correct Answer : Option (D) - Andhra Pradesh

Note : Andhra Pradesh is the to Palm oil-producing state. It produces about 20lakh tonnes. It is followed by Telangana and Karnataka.

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A)
ICI
B)
CPI
C)
IIP
D)
WPI

Correct Answer : Option (D) - WPI

Note : The Wholesale Price Index(WPI) is used for the calculation of Inflation in India. It tells us whether inflation exists or not.

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A)
Promote electronics startups
B)
Promote Robotics
C)
Regeneration of traditional industries
D)
None of the above

Correct Answer : Option (C) - Regeneration of traditional industries

Note : Scheme of Fund for Regeneration of Traditional Industries(SFURTI) is a scheme of fund for Regeneration of traditional industries. It is for the promotion of MSME.

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A)
34%
B)
49%
C)
67%
D)
100%

Correct Answer : Option (B) - 49%

Note : FDI up to 49% by way of Government route is permitted in the Broadcasting Content Services in case of Terrestrial Broadcasting FM (FM radio) and in Up-linking of 'News and Current affairs' TV channels. FDI up to 100% under automatic route is permitted in Up-linking of 'Non-News and Current Affairs' TV channels.

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A)
1998
B)
1999
C)
2000
D)
2001

Correct Answer : Option (A) - 1998

Note : The National Association of Software and Service Companies is a trade association of Indian Information Technology and Business Process Outsourcing industry. It was Established in 1988.

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A)
Negotiated Dealing system
B)
RBI
C)
SEBI Website
D)
None of the above

Correct Answer : Option (A) - Negotiated Dealing system

Note : The T-bills are issued by the government of India for the short term funds. They are auctioned on alternated Wednesdays on the Negotiated Dealing system(NDS) and the members electronically submit their bids.

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A)
Basic Infrastructure
B)
Social Infrastructure
C)
Institutional Infrastructure
D)
Public Infrastructure

Correct Answer : Option (D) - Public Infrastructure

Note : Government owned infrastructure is known as Public Infrastructure. Public Infrastructure projects are built with the aim of uplifting the life of the people. Example: Roads, Hospitals, etc.

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A)
J S Mill
B)
Adam Smith
C)
John Maynard Keynes
D)
Milton Friedman

Correct Answer : Option (C) - John Maynard Keynes

Note : British economist, John Maynard Keynes, argued against the long-held view that free markets would automatically provide full employment, spearheading a revolution in economic thinking. He proposed that state intervention is required during boom and bust cycles of the economy, a policy adopted by most western economies during the thirties. This went out of fashion by the seventies, but the world still looks to the Keynesian policy during economic crises.

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A)
Reliable
B)
Draw neighbour area water
C)
Independent
D)
Cheapest

Correct Answer : Option (B) - Draw neighbour area water

Note :

Well irrigation is the simplest, cheapest, and independent source of irrigation and can be used as and when the necessity arises. It is more reliable during periods of drought when surface water dries up.

Tubewells can draw a lot of groundwater from its neighboring areas and make the ground dry and unfit for agriculture. This is a demerit.

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A)
Kenya
B)
India
C)
China
D)
South Africa

Correct Answer : Option (B) - India

Note : India is the world’s largest consumer of fuelwood. The country¿s consumption of fuelwood is about five times higher than what can be sustainably removed from forests, however, a large percentage of this fuelwood is grown and managed outside forests. Fuelwood meets about 40 percent of the energy needs of the country. About 70 percent of the fuelwood is used by households and the rest by commercial and industrial units. Around 80 percent of rural people and 48 percent of urban people use fuelwood.

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