The following quiz will have 5-10 MCQs. The questions are mainly framed from The Hindu and PIB news articles.
This quiz is intended to introduce you to concepts and certain important facts relevant to UPSC IAS civil services preliminary exam 2018. It is not a test of your knowledge. If you score less, please do not mind. Read again sources provided and try to remember better.
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INSIGHTS CURRENT EVENTS QUIZ 2019
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The following Quiz is based on the Hindu, PIB and other news sources. It is a current events based quiz. Solving these questions will help retain both concepts and facts relevant to UPSC IAS civil services exam.
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- Question 1 of 5
1. Question
1 pointsConsider the following statements.
- The contribution of agriculture to GDP is around 16% at current prices in 2018-19 compared to 52% in 1950s.
- Crop loan accounts for around 90 per cent of the total agricultural credit.
- As per Labour Bureau Report 2015-16, more than 60 per cent of the working population was employed in agriculture and allied sector.
Which of the above statements is/are correct?
CorrectSolution: a)
According to Census 2011, out of the total workers of 481.7 million, there are 118.7 million cultivators and 144.3 million agricultural labourers, which means approximately 55 per cent of the total workers were employed in agriculture and allied sector. However, the percentage share of workers engaged in agriculture sector has been declining. As per Labour Bureau Report 2015-16, 46.1 per cent of the working population was employed in agriculture and allied sector. Further, as per an ILO estimate employment in agriculture sector as percentage of the total employment was approximately 44 per cent in the year 2018.
The contribution of agriculture to GDP has fallen to 16.14% at current prices in 2018-19 from 52% in 1950s and 30% in 1990s.
Crop loan accounts for more than 90 per cent of the total agricultural credit though its contribution to total output is approx. 60 per cent which means that the allied sector gets only 10 per cent of total credit while contributing the remaining 40 per cent of the total output.
IncorrectSolution: a)
According to Census 2011, out of the total workers of 481.7 million, there are 118.7 million cultivators and 144.3 million agricultural labourers, which means approximately 55 per cent of the total workers were employed in agriculture and allied sector. However, the percentage share of workers engaged in agriculture sector has been declining. As per Labour Bureau Report 2015-16, 46.1 per cent of the working population was employed in agriculture and allied sector. Further, as per an ILO estimate employment in agriculture sector as percentage of the total employment was approximately 44 per cent in the year 2018.
The contribution of agriculture to GDP has fallen to 16.14% at current prices in 2018-19 from 52% in 1950s and 30% in 1990s.
Crop loan accounts for more than 90 per cent of the total agricultural credit though its contribution to total output is approx. 60 per cent which means that the allied sector gets only 10 per cent of total credit while contributing the remaining 40 per cent of the total output.
- Question 2 of 5
2. Question
1 pointsArrange in the decreasing order the agency-wise share in total agricultural credit outstanding.
- Scheduled commercial banks
- Regional Rural Banks
3. All co-operative banks/institutions
Select the correct answer code:CorrectSolution: b)
Scheduled commercial banks contributed the major share (78 – 80 per cent) in agricultural and allied credit. Co-operative institutions also play a significant role in extending agricultural credit and the share of all co-operative banks/institutions (i.e. StCBs, DCCBs and PACS put together) constituted 15-16 per cent. The RRBs contributed the remaining 5 per cent of the agricultural credit.
IncorrectSolution: b)
Scheduled commercial banks contributed the major share (78 – 80 per cent) in agricultural and allied credit. Co-operative institutions also play a significant role in extending agricultural credit and the share of all co-operative banks/institutions (i.e. StCBs, DCCBs and PACS put together) constituted 15-16 per cent. The RRBs contributed the remaining 5 per cent of the agricultural credit.
- Question 3 of 5
3. Question
1 pointsCommercial banks contribute to the corpus of various funds administered by Development Financial Institutions (DFIs) based on their respective Priority Sector Lending shortfall. These funds include
- Rural Infrastructure Development Fund (RIDF)
- Short-term Cooperative Refinance Fund
- MSME Refinance Fund
- Food Processing Industries Fund
Select the correct answer code:
CorrectSolution: d)
Commercial banks contribute to the corpus of RIDF and other funds administered by DFIs based on their respective PSL shortfall. The chart below shows that the allocation to RIDF has been declining over a period of time from 61 per cent in 2008-09 to 18 per cent in 2019-20.
IncorrectSolution: d)
Commercial banks contribute to the corpus of RIDF and other funds administered by DFIs based on their respective PSL shortfall. The chart below shows that the allocation to RIDF has been declining over a period of time from 61 per cent in 2008-09 to 18 per cent in 2019-20.
- Question 4 of 5
4. Question
1 pointsConsider the following statements regarding the report by the World Resources Institute (WRI) on global food wastage.
- Nearly half of the food that is produced each year goes uneaten.
- The uneaten food is responsible for emitting planet-warming greenhouse gases into the atmosphere.
- Cereals are the food group that face the maximum wastage.
Which of the above statements is/are correct?
CorrectSolution: b)
A new report by the World Resources Institute (WRI) with the support of the Rockefeller Foundation has quantified global food wastage — nearly one-third of the food that is produced each year goes uneaten, costing the global economy over $940 billion.
The uneaten food is responsible for emitting about 8 per cent of planet-warming greenhouse gases into the atmosphere, said the report, “Reducing Food Loss and Waste”.
Using data from the Food and Agriculture Organization of the UN, the report concluded that roots and tubers are the food group that face the maximum wastage.
IncorrectSolution: b)
A new report by the World Resources Institute (WRI) with the support of the Rockefeller Foundation has quantified global food wastage — nearly one-third of the food that is produced each year goes uneaten, costing the global economy over $940 billion.
The uneaten food is responsible for emitting about 8 per cent of planet-warming greenhouse gases into the atmosphere, said the report, “Reducing Food Loss and Waste”.
Using data from the Food and Agriculture Organization of the UN, the report concluded that roots and tubers are the food group that face the maximum wastage.
- Question 5 of 5
5. Question
1 pointsDiwan-i-Khairat, established by Firoz Shah Tughlaq is
CorrectSolution: d)
Contributions by Firoz Shah Tughlaq:
established the Diwan-i-Khairat — office for charity.
established the Diwan-i-Bundagan — department of slave
established Sarais (rest house) for the benefits of merchants and other travellers
adopted the Iqtadari framework.
Established four new towns, Firozabad, Fatehabad, Jaunpur and Hissar.
established hospitals known as Darul-Shifa, Bimaristan or Shifa Khana.
IncorrectSolution: d)
Contributions by Firoz Shah Tughlaq:
established the Diwan-i-Khairat — office for charity.
established the Diwan-i-Bundagan — department of slave
established Sarais (rest house) for the benefits of merchants and other travellers
adopted the Iqtadari framework.
Established four new towns, Firozabad, Fatehabad, Jaunpur and Hissar.
established hospitals known as Darul-Shifa, Bimaristan or Shifa Khana.