INSIGHTS IAS REVISION PLAN FOR PRELIMS 2019 – DAILY REVISION TESTS: TEST-48
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 one of the following items is not included in the ‘invisibles’ on current account of the balance of payment of India?
Correct
Solution: D
Loans from the foreign banks constitute capital account of Balance of Payment.
Incorrect
Solution: D
Loans from the foreign banks constitute capital account of Balance of Payment.
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Question 2 of 25
2. Question
2 pointsInternational capital flows have been uncertain and volatile, causing exchange rate and balance of payment crises. Among the various sources of external capital available to India which source is most preferable one?
Correct
Solution: D
FDI is one of the reliable type of investment. FDI investment setup business in an economy, provide jobs and increase economic activities.
Incorrect
Solution: D
FDI is one of the reliable type of investment. FDI investment setup business in an economy, provide jobs and increase economic activities.
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Question 3 of 25
3. Question
2 pointsSpecial Economic Zones (SEZ) have been setup by the government to improve export prospects of India. In this context, consider the following statements:
1.It is a geographical region that has economic laws different than country’s typical economic laws.
2.Only service sector companies are allowed to invest in SEZ’s.
Which of the statements given above is/are correct?
Correct
Solution: A
Manufacturing industries can also run business in SEZ’s
Incorrect
Solution: A
Manufacturing industries can also run business in SEZ’s
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Question 4 of 25
4. Question
2 pointsWho among the following falls under the ambit of the Foreign Contribution Regulations Act (FCRA)?
1.Citizens of India outside India.
2.Overseas branches of companies registered or incorporated in India.
3.Companies and their branches registered and working in India
Select the correct answer using the code given below
Correct
Solution: D
All of them are fall in the ambit of Foreign Contribution Regulation Act
Incorrect
Solution: D
All of them are fall in the ambit of Foreign Contribution Regulation Act
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Question 5 of 25
5. Question
2 pointsWho among the following brings out the Index of Industrial Production (IIP) in India?
Correct
Solution: C
IIP is published by Central Statistics office (CSO).
Incorrect
Solution: C
IIP is published by Central Statistics office (CSO).
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Question 6 of 25
6. Question
2 pointsInfrastructure development in India requires huge capital infusion into the sector. In this context, government has decided to introduce hybrid annuity model (HAM), which of the following are the features of it?
1.Hybrid Annuity Model (HAM) is an investment model which revives PPP.
2.In HAM, private investor funds 80% of project cost.
3.Private player has no role in the ownership of an asset and toll collection.
Select the correct answer using the code given below
Correct
Solution: C
Private investor funds 60% of project cost.
Incorrect
Solution: C
Private investor funds 60% of project cost.
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Question 7 of 25
7. Question
2 pointsParticipatory Notes commonly known as P-Notes are one of the instruments of foreign investment. In this context, consider the following statements? 1.These are financial instruments used by investors that are not registered with
the SEBI to invest in Indian securities.2.The investors enjoy the voting rights in relation to shares invested through the
Which of the statements given above is/are correct?
Correct
Solution: A
Investors of P-Notes doesn’t enjoy voting rights unlike shareholders of the company.
Incorrect
Solution: A
Investors of P-Notes doesn’t enjoy voting rights unlike shareholders of the company.
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Question 8 of 25
8. Question
2 pointsIn the context of which of the following do you sometimes find the terms ‘amber box, blue box and green box’ in the news?
Correct
Solution: A
Incorrect
Solution: A
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Question 9 of 25
9. Question
2 pointsWith reference to the New Foreign Trade Policy 2015-20, consider the following statements:
1.It has launched Merchandise Export from India Scheme to incentivize exports by giving duty concessions.
2.It aims to increase India’s exports to US$900 billion by 2019-20.
Which of the statements given above is/are correct?
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Question 10 of 25
10. Question
2 pointsWhich of the following are part of World Bank Group of which India is also a member?
1.Multilateral Investment Guarantee Agency.
2.International Bank for Reconstruction and Development.
3.International Development Association.
4.International Center for Settlement of Investment Disputes
Select the correct answer using the code given below
Correct
Solution: C
India is not a part of ICSID
Incorrect
Solution: C
India is not a part of ICSID
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Question 11 of 25
11. Question
2 pointsRegarding the International Monetary Fund, which one of the following statements is correct?
Correct
Solution: C
Incorrect
Solution: C
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Question 12 of 25
12. Question
2 pointsWith reference to the currency market, the term “Convertibility” is used to denote
1.Freedom to exchange currencies like commodities across the counter.
2.Freedom to invest globally.
3.Freedom to residents to remit outside the country.
Select the correct answer using the code given below
Correct
Solution: A
Convertibility is the quality that allows money or other financial instruments to be converted into other liquid stores of value. Convertibility is an important factor in international trade, where instruments valued in different currencies must be exchanged.
Incorrect
Solution: A
Convertibility is the quality that allows money or other financial instruments to be converted into other liquid stores of value. Convertibility is an important factor in international trade, where instruments valued in different currencies must be exchanged.
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Question 13 of 25
13. Question
2 points‘SWISS Challenge Model’, often in news, is
Correct
Solution: D
Swiss Challenge method is one of the ways of awarding government contracts to private players. Without an invitation from government, a private player can submit a proposal to government for development of an infrastructure project with exclusive intellectual property rights.
Incorrect
Solution: D
Swiss Challenge method is one of the ways of awarding government contracts to private players. Without an invitation from government, a private player can submit a proposal to government for development of an infrastructure project with exclusive intellectual property rights.
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Question 14 of 25
14. Question
2 pointsRecently, Indian and Chinese armies confronted along the Pangong lake. Which of the following statements are correct regarding Pangong Lake?
Correct
Solution: A
Pangong Lake in Kashmir is the world’s highest brackish lake at 14,256 feet above sea level. In winter the lake freezes completely, despite being saline water.
Incorrect
Solution: A
Pangong Lake in Kashmir is the world’s highest brackish lake at 14,256 feet above sea level. In winter the lake freezes completely, despite being saline water.
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Question 15 of 25
15. Question
2 pointsWhich one of the following statements regarding India’s Strategic Crude Oil Reserve Programme is not correct?
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Question 16 of 25
16. Question
2 pointsConsider the following statements
1.The process of naming cyclones is done under the aegis of World Meteorological Organisation.
2.Severe Cyclonic Storm Gaja was the fifth named cyclone of the 2018 North Indian Ocean cyclone season, after Cyclones Sagar, Mekunu, Luban and Titli.
Which of the statements given above is/are correct?
Correct
Solution: C
Both the statements are correct.
Severe Cyclonic Storm Gaja was the fifth named cyclone of the 2018 North Indian Ocean cyclone season, after Cyclones Sagar, Mekunu, Luban and Titli. Forming on November 5 as a low pressure system over the Gulf of Thailand, the system crossed through Southern Thailand and the Malay Peninsula and eventually crossed into the Andaman Sea.
Incorrect
Solution: C
Both the statements are correct.
Severe Cyclonic Storm Gaja was the fifth named cyclone of the 2018 North Indian Ocean cyclone season, after Cyclones Sagar, Mekunu, Luban and Titli. Forming on November 5 as a low pressure system over the Gulf of Thailand, the system crossed through Southern Thailand and the Malay Peninsula and eventually crossed into the Andaman Sea.
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Question 17 of 25
17. Question
2 pointsWhich of the following species is/are naturally found in India?
1.Mountain Gorilla
2.Giraffe
3.Spectacled Monkey
4.Striped Hyenas
Select the correct answer using the code given below
Correct
Solution: C
Spectacled Monkey and Striped Hyenas are naturally found in India.
Incorrect
Solution: C
Spectacled Monkey and Striped Hyenas are naturally found in India.
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Question 18 of 25
18. Question
2 pointsConsider the following statements regarding The High-Biodiversity Wilderness Areas (HBWA)
1.HBWA approach has been developed by IUCN.
2.Wilderness areas are classified as areas ≥10,000 km2 that are based on the world’s terrestrial ecoregions, with a human population density outside urban areas of ≤5 people per km2
3.India has no High-Biodiversity Wilderness Areas
Which of the statements given above is/are correct?
Correct
Solution: C
HBWA approach has been developed by Conservation International
http://www.biodiversitya-z.org/content/high-biodiversity-wilderness-areas-hbwa
Incorrect
Solution: C
HBWA approach has been developed by Conservation International
http://www.biodiversitya-z.org/content/high-biodiversity-wilderness-areas-hbwa
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Question 19 of 25
19. Question
2 pointsVetiver grass is becoming a popular crop in the recent past. In this context consider the following statements
1.It is ideal for the long coastline, as it is suited for sandy soil
2.It has capability to combat soil erosion and fix carbon dioxide.
3.It has considerable global demand in Aromatic Industry.
Which of the statements given above is/are correct?
Correct
Solution: D
All the statements are correct.
Incorrect
Solution: D
All the statements are correct.
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Question 20 of 25
20. Question
2 pointsConsider the following statements
1.The Global Invasive Species Database is a free, online searchable source of information about alien and invasive species that negatively impact biodiversity.
2.It is managed by the Invasive Species Specialist Group (ISSG) of the IUCN.
Which of the statements given above is/are correct?
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Question 21 of 25
21. Question
2 pointsConsider the following statements regarding Global Platform for Sustainable Cities
1.It is a knowledge sharing program that will provide access to cutting-edge tools and promote an integrated approach to sustainable urban planning and financing.
2.It is funded by the Global Environment Facility
Which of the statements given above is/are correct.
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Question 22 of 25
22. Question
2 pointsConsider the following statements C40
1.C40 is a network of the world’s megacities committed to addressing climate change.
2.C40 supports cities to collaborate effectively, share knowledge and drive meaningful, measurable and sustainable action on climate change.
Which of the statements given above is/are correct?
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Question 23 of 25
23. Question
2 pointsConsider the following statements
1.Green Rating for Integrated Habitat Assessment (GRIHA) is a national rating system for green buildings in India.
2.It was conceived by Bureau of Indian Standard and developed with Ministry of New and Renewable Energy.
3.It is mandatory to get GRIHA for all the commercial establishments in metropolitan cities.
Which of the statements given above is/are correct?
Correct
Solution: C
It was conceived by TERI and developed with Ministry of New and Renewable Energy.
It is not mandatory to get GRIHA rating for any of the establishments in India.
Incorrect
Solution: C
It was conceived by TERI and developed with Ministry of New and Renewable Energy.
It is not mandatory to get GRIHA rating for any of the establishments in India.
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Question 24 of 25
24. Question
2 pointsConsider the following statements
1.Peer to peer (P2P) lending is a form of crowd funding used to raise unsecured loans which are re-paid with interest.
2.P2P lending platforms in India are prohibited from permitting any international flow of funds.
3.P2P entities are registered under provisions of second schedule to the Reserve Bank of India Act, 1934.
Which of the statements given above is/are correct?
Correct
Solution: D
RBI vide a Notification on 24th August, 2017, enabled P2P entities as Non-Banking Financial Company (NBFC). However, an existing NBFC will not be able to operate as an NBFC-P2P.
http://www.arthapedia.in/index.php?title=Peer_to_peer_(P2P)_lending
Incorrect
Solution: D
RBI vide a Notification on 24th August, 2017, enabled P2P entities as Non-Banking Financial Company (NBFC). However, an existing NBFC will not be able to operate as an NBFC-P2P.
http://www.arthapedia.in/index.php?title=Peer_to_peer_(P2P)_lending
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Question 25 of 25
25. Question
2 pointsConsider the following statements
1.Priority Sector Lending Certificates (PSLCs) are tradable certificates issued against priority sector loans of banks so as to enable banks to achieve their specified target and sub-targets for priority sector lending.
2.All Scheduled Commercial Banks expect Regional Rural Banks and Urban Co-operative Banks are eligible to participate in the trading.
Which of the statements given above is/are correct?
Correct
Solution: A
All Scheduled Commercial Banks (including Regional Rural Banks), Urban Co-operative Banks, Small Finance Banks (when they become operational) and Local Area Banks are eligible to participate in the trading.
http://www.arthapedia.in/index.php?title=Priority_Sector_Lending_Certificates_(PSLC)
Incorrect
Solution: A
All Scheduled Commercial Banks (including Regional Rural Banks), Urban Co-operative Banks, Small Finance Banks (when they become operational) and Local Area Banks are eligible to participate in the trading.
http://www.arthapedia.in/index.php?title=Priority_Sector_Lending_Certificates_(PSLC)
