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26 January 2022 Current Affairs Quiz for UPSC Prelims
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You have reached 0 of 0 points, (0) Which of the following state releases the first bird atlas in India? Answer : c Kerala gets its first ever scientific bird atlas. Answer : c Kerala gets its first ever scientific bird atlas. Consider the following statements: 1)Lothal is the world’s oldest tidal dockyard, which could berth and service ships. Which of the above statement(s) is/are correct? Answer : c Answer : c Consider the following statements regarding Indian National Army (INA): 1)Indian National Army (INA) was formed by Mohan Singh in 1942, with the aid of Japan. Which of the above statement(s) is/are correct? Answer : a Answer : a Consider the following statements regarding Mid Latitude Deserts: 1)Mid Latitude Deserts are those present in the rain shadow regions or due to continentality. Which of the above statement(s) is/are correct? Answer : a Answer : a Which of the following is a common measure of degree of ‘openness of an economy’? Answer: Answer: Consider the following statements regarding services trade of India: Answer (b) Answer (b) 45. Consider the following statements regarding India: (i) Exports (of goods and services) as a percent of GDP has steadily decreased in the last decade Select the correct answer using the code given below: Answer Answer Consider the following statements in an economy: Answer: Answer: The term “Seigniorage” means: Answer: Answer: Which of the following are part of “Seigniorage”? Answer: Answer:
26 January 2022
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1. Question
2 points
2. Question
2 points
2)People of the Indus valley civilization farmed with animal-drawn ploughs and they used weights and measures.
3. Question
2 points
2)The Azad Hind Fauj under Rash Behari Bose participated in the operation of Japanese campaign towards British India.
4. Question
2 points
2)The Ladakh desert, Gobi Desert of Central Asia and Patagonian Desert of South America are deserts found on a plateau.
3)The Gobi Desert is formed due to rain-shadow effect and the Patagonian Desert due to continenality.
5. Question
2 points
(d)
Openness is measured as, Exports + Imports of goods and services of a country as a percentage of its GDP.
(d)
Openness is measured as, Exports + Imports of goods and services of a country as a percentage of its GDP.
6. Question
2 points
(i) Value of export of services is equal to merchandise exports
(ii) India services trade is steadily in surplus in the last decade
Select the correct answer using the code given below:
India’s services exports are around 7.7% of GDP in 2018-19, while merchandise exports are around 12.1% of GDP. India’s services imports are around 4.6% of GDP in 2018-19. India’s services trade has been consistently in surplus for the last decade
India’s services exports are around 7.7% of GDP in 2018-19, while merchandise exports are around 12.1% of GDP. India’s services imports are around 4.6% of GDP in 2018-19. India’s services trade has been consistently in surplus for the last decade
7. Question
2 points
(ii) Imports (of goods and services) as a percent of GDP has steadily increased in the last decade
(iii) Trade as a percent of GDP has steadily decreased in the last decade
(d)
(d)
8. Question
2 points
(i) Value of transactions is generally higher than the value of output (GDP)
(ii) Money required for transaction in the economy is equal to the value of transactions
Select the correct answer using the code given below:
(a)
GDP (Output) is the final value of goods and services produced in the economy. But there are a lot of transactions that happen in the economy for intermediate goods, so value of transactions is higher than the value of final output in the economy.
(a)
GDP (Output) is the final value of goods and services produced in the economy. But there are a lot of transactions that happen in the economy for intermediate goods, so value of transactions is higher than the value of final output in the economy.
9. Question
2 points
(A)
(A)
10. Question
2 points
(i) Interest income on reserves kept with RBI for money creation
(ii) Interest accruing from bank balances kept central bank as
Interest-free balances in order to meet the reserve requirements
(iii) Inflation tax
Select the correct answer using the code given below:
(d)
Seigniorage refers to the income from money creation
(d)
Seigniorage refers to the income from money creation
Leaderboard: 26 January 2022
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