[Mission 2023] STATIC QUIZ, 25 November 2022 – Economy

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.

Solution: c)

• A Collective Investment Scheme is an investment scheme where various individuals come together and pool their money in order to invest their whole fund collection in a particular asset. The returns and profits arising from this investment would be shared as per the agreement finalised amongst the investors prior to the act.
• Collective Investment Schemes, on a global scale, has broader connotations which include mutual funds as well.
• However, the Schemes, as prescribed in Section 11AA of the SEBI Act of 1992, excludes mutual funds and other schemes in India.
• The Securities Exchange Board of India regulates them under the SEBI (Collective Investment Scheme) Regulations of 1999.

Solution: b)

An angel investor (also known as a private investor, seed investor or angel funder) is a high-net-worth individual who provides financial backing for small startups or entrepreneurs, typically in exchange for ownership equity in the company.

Often, angel investors are found among an entrepreneur’s family and friends.

The funds that angel investors provide may be a one-time investment to help the business get off the ground or an ongoing injection to support and carry the company through its difficult early stages.

Solution: c)

Landraces refer to naturally occurring variants of commonly cultivated crops. These are as opposed to commercially grown crops, which are developed by selective breeding (hybrids) or through genetic engineering to express a certain trait over others. 

kalbhat, a unique landrace of scented rice. Over the years, this variant had almost vanished from cultivators’ fields as hybrid variants became popular. It has better climate resilience than popularly grown rice and can withstand flood or drought better.

Solution: c)

• Wheat cultivation in India traditionally been dominated by the northern region of India. The northern states of Punjab and Haryana Plains in India have been prolific wheat producers.
• It is a Rabi Crop sown in October-December and harvested during April-June.
• Temperature required: Between 23±3°C and for good tillering temperature should range between 16-20°C.
• Better variety of wheat is produced in areas having cool, moist weather during the major portion of the growing period followed by dry, warm weather to enable the grain to ripen properly.
• Rainfall: 50 cm to 100 cm.
• Soil Type: Soils with a clay loam or loam texture, good structure and moderate water holding capacity are ideal for wheat cultivation.
• Wheat producing states in India: Uttar Pradesh, Punjab, Haryana, Madhya Pradesh, Rajasthan, Bihar and Gujarat.