With reference to the different systems of taxation, consider the following statements:
1. The percentage tax rate increases proportionally with the increase in the income under the Proportional Taxation
Regime.
2. A proportional income tax makes disposable income as well as consumer spending more sensitive to fluctuations
in GDP.
Which of the statements given above is/are correct?
Consider the following statements regarding Geographical Indication (GI) tag:
1. It is governed by the World Trade Organisation’s (WTO’s) Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS).
2. In India, Geographical Indications registration is administered by the Geographical Indications of Goods (Registration and Protection) Act, 1999.
3. The first product in India to be accorded with GI tag was Tamil Nadu’s famous Cumbum grapes.
Which of the statements given above is/are correct?
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With reference to the ‘Mahatma Gandhi National Rural Employment Guarantee Act, 2005’, consider the following statements:
1. It aims to enhance livelihood security in urban areas by providing at least 100 days of guaranteed wage employment in a financial year.
2. It has the provision of one ombudsperson per district, responsible for registering and disposing complaints.
Which of the statements given above is/are correct?
The term “India Stack” is referred to in which of the following contexts?
With reference to the Coastal Aquaculture Authority (Amendment) Bill 2023, consider the following statements:
1. Coastal aquaculture is carried out in fresh and brackish water.
2. The Bill expands the scope of coastal aquaculture to include allied activities such as hatcheries and nucleus breeding centres.
3. The bill penalises unregistered farms or farms in prohibited areas, with imprisonment up to three years.
How many of the statements given above are correct?
With reference to the Deflation, which of the following statements is/are correct?
1. Deflation is a general decline in prices for goods and services during which the purchasing power of currency rises over time.
2. Deflation benefits consumers and can harm borrowers.
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The RBI has recently focused on its stance of 'withdrawal of accommodation'. Which of the following means 'withdrawal of accommodation'?
In the context of foreign investments in India, consider the following Assertion and Reason statements :
Assertion (A) : Foreign investments on a small scale of less than 10 percent in a listed company cannot be treated as FDI.
Reason (R) : Arvind Mayaram committee set a benchmark limit of 25% to differentiate Foreign Direct Investments (FDI) and Foreign Portfolio Investment (FPI).
Choose the correct answer using the codes given below :
With reference to Open Credit Enablement Network (OCEN), consider the following statements :
1. It is a credit protocol infrastructure which mediates between fintech and mainstream lenders, including NBFCs.
2. OCEN is being developed by the Reserve Bank of India.
3. OCEN can be used by non-bank small-scale lenders.
Which of the statements given above is/are correct ?
Which of the following is a Non-Debt Capital Receipt ?
In the context of the Indian economy, the Tarapore committee is related to which of the following?
Which of the following items are used in the calculation of Gross Value Added at basic prices ?
1. Production taxes
2. Product taxes
3. Production subsidies
4. Product subsidies
Select the correct answer using the codes given below :
With reference to Consumer Price Index (CPI), consider the following statements:
1. The CPI takes into account the prices of goods only.
2. It includes the prices of imported goods.
Which of the statements given above is/are correct?
Which one of the following best describes the term 'money multiplier'?
In the context of minerals in India, which of the following is/are classified as major minerals?
1. Coal
2. Uranium
3. Gold
4. Iron ore
Select the correct answer using the code given below.
Which of the following best describes 'Casualisation of Workforce'?
Consider the following statements regarding Balance of Payments (BoP):
1. The BoP of a country comprises transactions between residents and non- residents during a period.
2. A country having a balance of payments equilibrium will experience an increase in foreign exchange reserves.
Which of the statements given above is/are correct?
With reference to the Hybrid Annuity Model (HAM) model for Public-Private Partnership in highway construction, consider the following statements:
1. As per the model, the government will contribute 60% of the project cost in the first five years through annual payments (annuity).
2. Under HAM, a road developer constructs the road and he/she is allowed to recover his/her investment through
toll collection.
Which of the statements given above is/are correct?
With reference to ‘Manures’, which of the following statements is incorrect?
Which of the following sets of pair(s) is/are correctly matched?
Select the correct answer using the code given below:
Consider the following statements:
1. For pasteurization, the milk is heated and then suddenly chilled and stored.
2. Pasteurised milk can be consumed without boiling as it is free from harmful microbes.
Which of the statements given above is/are correct?
With reference to nitrogen gas, consider the following statements:
1. Although nitrogen is a dominant gas in the atmosphere, it is inert and does not react.
2. When it is released as a part of compounds from agriculture, sewage and biological waste, it becomes reactive.
3. It is an air pollutant as well as a greenhouse gas.
Which of the statements given above is/are correct?
Which of the following sets of pair(s) is/are correctly matched?
Select the correct answer using the code given below:
With reference to Stratospheric Observatory for Infrared Astronomy (SOFIA) mission , consider the following statements:
1. It is a joint program between NASA and the German Aerospace Centre (DLR) .
2. It was designed to observe cosmic objects in far-infrared wavelengths.
3. It discovered water molecules (H2O) on the sun-facing side of the Moon
Consider the following statements:
1. Starch is broken down into sugar in the mouth by an enzyme called ‘amylase’.
2. Proteins are broken down into simpler substances by digestive juices in the stomach.
Which of the statements given above is/are correct?
Which of the following correctly explains the term ‘Biopiracy’?
Consider the statements regarding ‘Pseudopodia’:
1. They are present in organisms or cells for the purpose of ingestion.
2. White Blood Cell is an example of pseudopodia.
Which of the statements given above is/are correct?
Consider the following statements:
1. Azospirillum and Azotobacter are fungi that can fix atmospheric nitrogen while free living in the soi.
2. Anabaena and Nostoc serve as important biofertilizers.
Which of the statements given above is/are correct?
Consider the following statements:
1. The Periodic Table is arranged according to similar chemical properties only.
2. ‘Dmitry Mendeleev’ published the first Periodic Table.
Which of the statements given above is/are correct?
In the context of innate immunity of the human body, which of the following best describe the term ’Interferons’?