INSIGHTS IAS REVISION PLAN FOR PRELIMS 2019 – DAILY REVISION TESTS: TEST-47
INSIGHTS IAS REVISION PLAN FOR PRELIMS 2019 - DAILY REVISION TESTS
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Welcome to Insights IAS Revision Plan for UPSC Civil Services Preliminary Exam – 2019.
If you are wondering why these questions are posted, please refer to the detailed Timetable provided HERE.
These questions are carefully framed to help you improve various skills and knowledge necessary to face uncertain, unpredictable and difficult questions in real prelims exam. This test is NOT about your scores. It’s about an opportunity to make mistakes and learn from these mistakes now itself. Also, these tests are NOT meant to give you EXPECTED questions for the upcoming prelims. So, don’t judge these questions unless there is an error (factual or typo) in these questions. To do really well in these small tests, REVISION is the KEY. Do follow our Revision Timetable religiously. It WILL help you clear Prelims – 2019.
Once you give this test, please POST your scores in the comment box. Also post how you could tackle certain questions – like, based on what logic or skill. This will help people who have trouble eliminating wrong options get a chance to learn from your expertise.
Wish you Good Luck! 🙂
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Question 1 of 25
1. Question
2 pointsWhich of the following were the goals of the planning system in India between 1950-1990?
- Export promotion
- Industrialization
- Self reliance
- Equity
Select the correct answer using the codes given below
Correct
Solution: A
All the above are the goals of the planning system in India between 1950-1990.
Incorrect
Solution: A
All the above are the goals of the planning system in India between 1950-1990.
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Question 2 of 25
2. Question
2 pointsConsider the following statements regarding Five Year Plan in India
1.The duration of plan holiday was from 1966 to 1969.
- Garibi Hatao” slogan was given during Fourth Five Year Plan.
- Third Five Year Plan was based on the P.C. Mahalanobis Model.
Which of the statements given above is/are correct?
Correct
Solution: A
Third Five Year Plan was based on Gadgil Yojna.
Incorrect
Solution: A
Third Five Year Plan was based on Gadgil Yojna.
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Question 3 of 25
3. Question
2 pointsConsider the following statements:
1. Stagflation is a situation in which the inflation rate is high and at the same time economic growth rate remains steadily high.
2. Deflation refers to the decrease in the general price level of goods and services but inflation rate remains above zero.Which of the statements given above is/are correct?
Correct
Solution: D
Stagflation is a condition of slow economic growth and relatively high unemployment, or economic stagnation, accompanied by rising prices, or inflation.
Deflation is the general decline in prices for goods and services occurring when the inflation rate falls below 0%.
Incorrect
Solution: D
Stagflation is a condition of slow economic growth and relatively high unemployment, or economic stagnation, accompanied by rising prices, or inflation.
Deflation is the general decline in prices for goods and services occurring when the inflation rate falls below 0%.
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Question 4 of 25
4. Question
2 pointsConsider the statements regarding Systemically Important Financial Institutions (SIFIs)
1. The idea of SIFI has emerged from the Pittsburgh summit of World Bank.
2. Systemically Important Financial Institutions (SIFIs) are perceived as institutions that are Too Big to Fail (TBTF).Which of the statements given above is/are correct?
Correct
Solution: B
Systemically Important Financial Institutions (SIFIs) as institutions “whose distress or disorderly failure, because of their size, complexity and systemic interconnectedness, would cause significant disruption to the wider financial system and economic activity”.
At global level, based on the suggestion of G-20 Leaders in Pittsburgh summit in 2009, FSB spearheads the efforts of formulating a framework for assessing and regulating SIFIs.
Systemically Important Financial Institutions (SIFIs) are perceived as institutions that are Too Big to Fail (TBTF)
Incorrect
Solution: B
Systemically Important Financial Institutions (SIFIs) as institutions “whose distress or disorderly failure, because of their size, complexity and systemic interconnectedness, would cause significant disruption to the wider financial system and economic activity”.
At global level, based on the suggestion of G-20 Leaders in Pittsburgh summit in 2009, FSB spearheads the efforts of formulating a framework for assessing and regulating SIFIs.
Systemically Important Financial Institutions (SIFIs) are perceived as institutions that are Too Big to Fail (TBTF)
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Question 5 of 25
5. Question
2 pointsConsider the statements regarding International Financial Service Centre (IFSC)
1.An IFSC caters to customers outside the jurisdiction of the domestic economy.
2. IFSC exclusively deals asset management and global portfolio diversification onlyWhich of the statements given above is/are correct?
Correct
Solution: A
An IFSC is thus a jurisdiction that provides world class financial services to non-residents and residents, to the extent permissible under the current regulations, in a currency other than the domestic currency (Indian rupee) of the location where the IFSC is located.
Products and Services at IFSCs:
- Fund Raising for individuals, corporations and governments (sovereign and sub-sovereign)
- Asset Management and Global Portfolio Diversification
- Personal Wealth Management (PWM) for high-net worth individuals (HNWIs).
- Global Tax Management and Cross- border Tax Liability Optimisation
Incorrect
Solution: A
An IFSC is thus a jurisdiction that provides world class financial services to non-residents and residents, to the extent permissible under the current regulations, in a currency other than the domestic currency (Indian rupee) of the location where the IFSC is located.
Products and Services at IFSCs:
- Fund Raising for individuals, corporations and governments (sovereign and sub-sovereign)
- Asset Management and Global Portfolio Diversification
- Personal Wealth Management (PWM) for high-net worth individuals (HNWIs).
- Global Tax Management and Cross- border Tax Liability Optimisation
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Question 6 of 25
6. Question
2 pointsDisinvestment in a PSU is approved by
Correct
Solution: C
Cabinet Committee on Economic Affairs approves disinvestment in public sector.
Incorrect
Solution: C
Cabinet Committee on Economic Affairs approves disinvestment in public sector.
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Question 7 of 25
7. Question
2 pointsThe Global Education Monitoring Report published by
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Question 8 of 25
8. Question
2 pointsWhich of the following statement best describes ‘transfer pricing’?
Correct
Solution: C
Incorrect
Solution: C
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Question 9 of 25
9. Question
2 pointsGovernment takes several measures to increase Gross Domestic Product (GDP). In this context, which of the following best describes the GDP?
Correct
Solution: C
GDP is measured on the basis of monetary value of all the final goods and services produced in a given period of time in an economy.
Incorrect
Solution: C
GDP is measured on the basis of monetary value of all the final goods and services produced in a given period of time in an economy.
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Question 10 of 25
10. Question
2 pointsWhich of the following statements best describes the ‘Seed Capital’?
Correct
Solution: D
Incorrect
Solution: D
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Question 11 of 25
11. Question
2 pointsConsider the following statements:
1.Import substitution is an inward looking trade strategy aimed at replacing imports with domestic production.
2.Import cover is the number of months of imports that could be paid for by a country’s Forex reserves.
Which of the statements given above is/are correct?
Correct
Solution: C
Both the statements are correct.
Incorrect
Solution: C
Both the statements are correct.
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Question 12 of 25
12. Question
2 pointsWith reference to Indian economy, which of the following best describes Exit policy
Correct
Solution: A
Incorrect
Solution: A
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Question 13 of 25
13. Question
2 pointsWhich of the following statements best describes Unemployment?
Correct
Solution: B
Incorrect
Solution: B
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Question 14 of 25
14. Question
2 points‘State Start Up Ranking’, recently seen in news, is released by
Correct
Solution: C
The Department of Industrial Policy and Promotion (DIPP) announced results of the first ever States’ Start-up Ranking 2018 at an event in New Delhi today. DIPP began this exercise from January, 2016.
Incorrect
Solution: C
The Department of Industrial Policy and Promotion (DIPP) announced results of the first ever States’ Start-up Ranking 2018 at an event in New Delhi today. DIPP began this exercise from January, 2016.
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Question 15 of 25
15. Question
2 pointsWhat would be the possible implications of developing Chabahar Port for India.
1.It may increase strategic presence of India in Indian ocean.
2.It reduces dependence on Pakistan for transportation of goods to Afghanistan.
Select the correct answer using the code given below:
Correct
Solution: C
Both statements are correct.
Incorrect
Solution: C
Both statements are correct.
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Question 16 of 25
16. Question
2 pointsConsider the following pairs
Place in News Country/Continent
- Mogadishu Somalia
- Darfur South Sudan
- Lake Chad West Asia
Which of the pairs given above is/are matched correctly?
Correct
Solution: A
Darfur is located in Sudan. Lake Chad is located in Africa.
Incorrect
Solution: A
Darfur is located in Sudan. Lake Chad is located in Africa.
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Question 17 of 25
17. Question
2 pointsConsider the following statements regarding Araku Valley
1. Araku valley is largely known for its Arabica coffee.
2. Bonda and Gonds largely inhibit Araku Valley.
3. Araku Valley is located in Western Ghats of Karnataka.
Which of the statements given above is/are correct?
Correct
Solution: B
Araku Valley is a hill station in Visakhapatnam district in the state of Andhra Pradesh. Kodhus and Valmiki tribe are largely found in Araku Valley.
The Anantagiri and Sunkarimetta Reserve Forest are part of the Araku Valley which are rich in biodiversity. The area is mined for bauxite. Galikonda hill is amongst the highest peaks.
Incorrect
Solution: B
Araku Valley is a hill station in Visakhapatnam district in the state of Andhra Pradesh. Kodhus and Valmiki tribe are largely found in Araku Valley.
The Anantagiri and Sunkarimetta Reserve Forest are part of the Araku Valley which are rich in biodiversity. The area is mined for bauxite. Galikonda hill is amongst the highest peaks.
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Question 18 of 25
18. Question
2 pointsConsider the following pairs
Fruit Leading Producer of Fruit
- Pineapple West Bengal
- Cocoa Andhra Pradesh
- Grapes Maharashtra
Which of the statements given above is/are correct?
Correct
Solution: B
Assam is the leading producer of Pineapple. Kerala is the leading producer of Cocoa.
Incorrect
Solution: B
Assam is the leading producer of Pineapple. Kerala is the leading producer of Cocoa.
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Question 19 of 25
19. Question
2 pointsConsider the following statements
1.Golan Heights shares border between Israel and Syria.
2.Dead Sea shares border between Jordan and Israel.
3.Syria shares border with Mediterranean Sea.
Which of the following statements given above is/are correct?
Correct
Solution: D
All the statements given above are correct.
Incorrect
Solution: D
All the statements given above are correct.
-
Question 20 of 25
20. Question
2 pointsWhich of the following places sun temples is/are found?
1. Modhera Temple in Gujurat
2. Konark Temple in Odisha
3. Durga Temple in Karnataka
Select the correct answer using the code given below
Correct
Solution: B
Durga Temple in Karnataka is not a Sun Temple.
Incorrect
Solution: B
Durga Temple in Karnataka is not a Sun Temple.
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Question 21 of 25
21. Question
2 pointsConsider the following statements regarding Nuclear Command Authority (NCA)
1.It is an authority responsible for command, control and operational decisions regarding India’s nuclear weapons programme.
2.Strategic Forces Command (SFC) forms part of India’s Nuclear Command Authority is responsible for the management and administration of the country’s tactical and strategic nuclear weapons stockpile.
3.The Political Council of NCA is chaired by Ministry of Defence
Which of the statements given above is/are correct?
Correct
Solution: D
The Political Council of NCA is chaired by Prime Minister.
Incorrect
Solution: D
The Political Council of NCA is chaired by Prime Minister.
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Question 22 of 25
22. Question
2 pointsConsider the following pairs
Monastery State
- Phuktal Monastery Sikkim
- Tawang Monastery Arunachal Pradesh
- Tsuglagkhang Monastery Himachal Pradesh
Which of the pairs given above is/are matched correctly?
Correct
Solution: D
Phuktal Monastery is located in Jammu and Kashmir.
Incorrect
Solution: D
Phuktal Monastery is located in Jammu and Kashmir.
-
Question 23 of 25
23. Question
2 pointsWhich of the following tribes are present in Andaman and Nicobar Islands.
1. Oraons
2. Jarawa
3. Shompen
Select the correct answer using the code given below
Correct
Solution: D
Oraon, aboriginal people of the Choṭa Nāgpur region in the state of Bihār.
Incorrect
Solution: D
Oraon, aboriginal people of the Choṭa Nāgpur region in the state of Bihār.
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Question 24 of 25
24. Question
2 pointsConsider the following statements regarding Armed Forces Special Powers Act (AFSPA)
1.Central government or state Governor can declare an area as disturbed area by using AFSPA provisions.
2.Presently, AFSPA is in force in all the states of North eastern India expect Sikkim
Which of the statements given above is/are correct?
Correct
Solution: A
AFSPA is presently in force in all the states of North eastern India expect Sikkim, Tripura, Meghalaya, Mizoram.
Incorrect
Solution: A
AFSPA is presently in force in all the states of North eastern India expect Sikkim, Tripura, Meghalaya, Mizoram.
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Question 25 of 25
25. Question
2 pointsThe ‘MiniBooNE’, ‘IceCube’ and ‘Minos’ experiments/detectors, sometimes seen in the news, are related to which of the following?
Correct
Solution: D
It is related to Neutrino particle observations.
Incorrect
Solution: D
It is related to Neutrino particle observations.
