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Question 1 of 10
1. Question
2 points
Consider the following statements regarding Index of Eight Core Industries
Statement 1: Index of Eight Core Industries released by Cabinet Committee on Economic
Affairs (CCEA)
Statement 2: The Eight Core Industries are Natural Gas, Coal, Refinery Products, Crude Oil,
Cement, Electricity, Steel, and Fertilizers.
Which of the above statements is/are correct?
Correct
Ans b)
Index of Eight Core Industries (ICI) is released by Office of the Economic Adviser (OEA) under
Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce and Industry.
So, statement 1 is not correct
The Eight Core Industries are Natural Gas, Coal, Refinery Products, Crude Oil, Cement,
Electricity, Steel, and Fertilizers. So, statement 2 is correct.
Incorrect
Ans b)
Index of Eight Core Industries (ICI) is released by Office of the Economic Adviser (OEA) under
Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce and Industry.
So, statement 1 is not correct
The Eight Core Industries are Natural Gas, Coal, Refinery Products, Crude Oil, Cement,
Electricity, Steel, and Fertilizers. So, statement 2 is correct.
Question 2 of 10
2. Question
2 points
As recently seen in news which state in India has become the first state to launch its
own semiconductor policy?
Choose the correct option
Correct
Ans d)
Gujarat government on 26-08-2022 announced the "Gujarat Semiconductor Policy 2022-
2027” to attract investments in the Chip manufacturing sector and became the first state in
the country to announce a dedicated policy to support the semiconductor and display
manufacturing sector.
Incorrect
Ans d)
Gujarat government on 26-08-2022 announced the "Gujarat Semiconductor Policy 2022-
2027” to attract investments in the Chip manufacturing sector and became the first state in
the country to announce a dedicated policy to support the semiconductor and display
manufacturing sector.
Question 3 of 10
3. Question
2 points
Which of the following best describes the term Price Illusion?
Correct
Ans a)
Money illusion, also known as price illusion, is an economic theory that states that
individuals usually tend to view their income and wealth in nominal terms, as opposed to
real terms.
Hot money signifies currency that quickly and regularly moves between financial markets,
that ensures investors lock in the highest available short-term interest rates.
Inflation is a decrease in the purchasing power of money, reflected in a general increase in
the prices of goods and services in an economy.
The monetary multiplier effect occurs when banks lend more than they hold in deposits and
the increase in the money supply exceeds the amount of the initial deposit due to the
fractional reserve banking system.
Incorrect
Ans a)
Money illusion, also known as price illusion, is an economic theory that states that
individuals usually tend to view their income and wealth in nominal terms, as opposed to
real terms.
Hot money signifies currency that quickly and regularly moves between financial markets,
that ensures investors lock in the highest available short-term interest rates.
Inflation is a decrease in the purchasing power of money, reflected in a general increase in
the prices of goods and services in an economy.
The monetary multiplier effect occurs when banks lend more than they hold in deposits and
the increase in the money supply exceeds the amount of the initial deposit due to the
fractional reserve banking system.
Question 4 of 10
4. Question
2 points
Automated Virtual Agent for Truth Assessment in Real-Time (AVATAR) recently seen in
news has been developed by
Correct
Ans c)
Automated Virtual Agent for Truth Assessment in Real-Time (AVATAR) developed by
University of Arizona and tested by Canadian Border Services Agency.
Incorrect
Ans c)
Automated Virtual Agent for Truth Assessment in Real-Time (AVATAR) developed by
University of Arizona and tested by Canadian Border Services Agency.
Question 5 of 10
5. Question
2 points
Consider the following statements about Rampa Rebellion of 1922.
Statement 1. Kaneganti Hanumanthu was the leader of Rampa Rebellion of 1922.
Statement 2. The rebellion was in response of the regressive 1882 Madras Forest Act which
curtailed the rights of “Adivasis”.
Choose the incorrect options
Correct
Ans a)
He was the leader of Rampa Rebellion of 1922. So, statement 1 is not correct
The rebellion was in response of the regressive 1882 Madras Forest Act which curtailed the
rights of “Adivasis”. So, statement 2 is correct.
Kaneganti Hanumanthu was a freedom fighter who rebelled against British Rule[clarification
needed] and spearheaded the Palnadu Rebellion against tax.
Incorrect
Ans a)
He was the leader of Rampa Rebellion of 1922. So, statement 1 is not correct
The rebellion was in response of the regressive 1882 Madras Forest Act which curtailed the
rights of “Adivasis”. So, statement 2 is correct.
Kaneganti Hanumanthu was a freedom fighter who rebelled against British Rule[clarification
needed] and spearheaded the Palnadu Rebellion against tax.
Question 6 of 10
6. Question
2 points
Consider the following statements about the Office of Speaker.
Statement 1. Office of Speaker was first started in India in 1921 under the provisions of
Montague-Chelmsford Reforms (Government of India Act of 1919).
Statement 2. Article 178 gives detailed procedure of the election is given in the Rules of
Procedure.
Choose the correct option
Correct
Ans b)
Office of Speaker was first started in India in 1921 under the provisions of Montague-
Chelmsford Reforms (Government of India Act of 1919). So, statement 1 is correct.
The detailed procedure of the election of speaker is given in the Rules of Procedure.
Article 178 says Legislative Assembly of every state shall elect a speaker from among their
members.
Incorrect
Ans b)
Office of Speaker was first started in India in 1921 under the provisions of Montague-
Chelmsford Reforms (Government of India Act of 1919). So, statement 1 is correct.
The detailed procedure of the election of speaker is given in the Rules of Procedure.
Article 178 says Legislative Assembly of every state shall elect a speaker from among their
members.
Question 7 of 10
7. Question
2 points
Which among the following is/are not tributaries of Godavari?
Correct
Ans c)
Major tributaries of Godavari are Pravara, Purna, Manjra, Penganga, Wardha, Wainganga,
Pranhita (combined flow of Wainganga, Penganga, Wardha), Indravati, Maner and the Sabri.
Hemavati is the tributary of Kaveri River
Incorrect
Ans c)
Major tributaries of Godavari are Pravara, Purna, Manjra, Penganga, Wardha, Wainganga,
Pranhita (combined flow of Wainganga, Penganga, Wardha), Indravati, Maner and the Sabri.
Hemavati is the tributary of Kaveri River
Question 8 of 10
8. Question
2 points
Consider the following pairs
1. Kaleshwaram Lift Irrigation Project Kaveri River
2. Krishna Raja Sagar Dam Godavari River
3. Nagarjuna Sagar Dam
4. Krishna River
5. Sardar Sarovar Dam Narmada River
How many pairs are correctly matched
Correct
Ans b)
Kaleshwaram Lift Irrigation is a multi-purpose irrigation project on the Godavari River.
The Krishna Raja Sagar Dam was built across river Kaveri.
Nagarjuna Sagar Dam is a masonry dam across the Krishna River.
The Sardar Sarovar Dam is a concrete gravity dam built on the Narmada River.
Incorrect
Ans b)
Kaleshwaram Lift Irrigation is a multi-purpose irrigation project on the Godavari River.
The Krishna Raja Sagar Dam was built across river Kaveri.
Nagarjuna Sagar Dam is a masonry dam across the Krishna River.
The Sardar Sarovar Dam is a concrete gravity dam built on the Narmada River.
Question 9 of 10
9. Question
2 points
Single-crystalline Scandium Nitride (ScN), recently seen in news is related to
Correct
Ans a)
Scientists have discovered a novel material called Single-crystalline Scandium Nitride (ScN)
that can emit, detect, and modulate infrared light with high efficiency making it useful for
solar and thermal energy harvesting and for optical communication devices.
Incorrect
Ans a)
Scientists have discovered a novel material called Single-crystalline Scandium Nitride (ScN)
that can emit, detect, and modulate infrared light with high efficiency making it useful for
solar and thermal energy harvesting and for optical communication devices.
Question 10 of 10
10. Question
2 points
Among the following which has been unveiled as the official slogan for the 2024 Paris
Olympics?
Correct
d)
The organizers of the 2024 Paris Olympics unveiled “Games Wide Open” as their official
slogan on 25 th July 2022.
Incorrect
d)
The organizers of the 2024 Paris Olympics unveiled “Games Wide Open” as their official
slogan on 25 th July 2022.
