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Introducing yet another ingenious course, InsightsIAS is excited to announce our new initiative QUED – Questions from Editorials. Considering the number of questions that appeared from Editorials in previous year UPSC Prelims Examinations, we feel it is wise for students to cover Editorials from Prelims point of view as well in order to achieve that extra edge. Although, we have covered important editorials separately in our Editorial Section as well as under Secure Initiative, MCQ practice can prove to be crucial for better performance and guaranteed result.
We strongly recommend you at add QUED along with Static Quiz ,Current Affairs Quiz and RTM for your Daily MCQ practice.
We will be posting 5 MCQs at 11am everyday from Monday to Saturday on http://www.insightsonindia.com. QUED will be available under QUIZ menu.
We hope students utilize this initiative to the best of advantage. 🙂
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Question 1 of 5
1. Question
Gross Domestic Capital Formation (GDCF), often seen in the Budget and Economic Surveys, essentially refers to
Correct
Solution: d)
Capital formation means creation of physical assets and non- physical capital or human resources consisting of public health, efficiency, visible and invisible capital.
Gross domestic capital formation is the addition to the capital stock within the domestic territory of a country during a year.
Gross domestic capital formation includes all expenses made by household, business people and Govt, adding new durable goods to the fixed capital stock of a country.
Incorrect
Solution: d)
Capital formation means creation of physical assets and non- physical capital or human resources consisting of public health, efficiency, visible and invisible capital.
Gross domestic capital formation is the addition to the capital stock within the domestic territory of a country during a year.
Gross domestic capital formation includes all expenses made by household, business people and Govt, adding new durable goods to the fixed capital stock of a country.
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Question 2 of 5
2. Question
Consider the following statements regarding All India Tiger Estimation (AITE).
- All India Tiger Estimation is the tiger population census that is conducted once in four years.
- The survey is a process of charting the signs, such as pugmarks and scratch marks on trees, that indicate tiger presence in the area.
- It is conducted by the National Tiger Conservation Authority (NTCA) and the Wildlife Institute of India (WII) in collaboration with the State Forest Departments.
Which of the above statements is/are correct?
Correct
Solution: c)
The AITE is conducted by the National Tiger Conservation Authority (NTCA) and the Wildlife Institute of India (WII) in collaboration with the State Forest Departments.
AITE is the tiger population census that is conducted once in four years.
The survey is a process of charting the signs, such as pugmarks and scratch marks on trees, that indicate tiger presence in the area.
Incorrect
Solution: c)
The AITE is conducted by the National Tiger Conservation Authority (NTCA) and the Wildlife Institute of India (WII) in collaboration with the State Forest Departments.
AITE is the tiger population census that is conducted once in four years.
The survey is a process of charting the signs, such as pugmarks and scratch marks on trees, that indicate tiger presence in the area.
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Question 3 of 5
3. Question
Which of the following is the competent authority to change the name of any State of India?
Correct
Solution: c)
Parliament under Article 3 can increase or diminish the area of any State or alter the boundaries or change the name of any State.
Incorrect
Solution: c)
Parliament under Article 3 can increase or diminish the area of any State or alter the boundaries or change the name of any State.
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Question 4 of 5
4. Question
Which of the following is the primary objective of monetary policy in India?
Correct
Solution: c)
The Reserve Bank of India (RBI) is vested with the responsibility of conducting monetary policy with the primary objective of maintaining price stability while keeping in mind the objective of growth. This responsibility is explicitly mandated under the Reserve Bank of India Act, as amended in 2016.
It is now transferred to the Monetary Policy Committee, which will also face the same primary objective, i.e. to keep inflation within an acceptable band.
If inflation is in control, prices will be relatively stable.
Incorrect
Solution: c)
The Reserve Bank of India (RBI) is vested with the responsibility of conducting monetary policy with the primary objective of maintaining price stability while keeping in mind the objective of growth. This responsibility is explicitly mandated under the Reserve Bank of India Act, as amended in 2016.
It is now transferred to the Monetary Policy Committee, which will also face the same primary objective, i.e. to keep inflation within an acceptable band.
If inflation is in control, prices will be relatively stable.
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Question 5 of 5
5. Question
What do you understand by the term ‘Social Forestry’?
- Reducing the pressure on the traditional forest area by encouraging plantations on community land
- Promoting commercial harvesting of timber and non-timber products from traditional forests by community to meet local demands
Which of the above is/are correct?
Correct
Solution: a)
The National Commission on Agriculture, Government of India, first used the term ‘social forestry’ in 1976.
It aims at raising plantations by the common man so as to meet the growing demand for food, fuel wood, fodder, fiber and fertilizer (5 F’s) etc, thereby reducing the pressure on the traditional forest area.
It does not aim at the displacement or exploitation of traditional forests, but supplementing them with community grown forests.
Incorrect
Solution: a)
The National Commission on Agriculture, Government of India, first used the term ‘social forestry’ in 1976.
It aims at raising plantations by the common man so as to meet the growing demand for food, fuel wood, fodder, fiber and fertilizer (5 F’s) etc, thereby reducing the pressure on the traditional forest area.
It does not aim at the displacement or exploitation of traditional forests, but supplementing them with community grown forests.
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