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Test: Economic Survey 2020-21: 5 - UPSC MCQ


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15 Questions MCQ Test - Test: Economic Survey 2020-21: 5

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Test: Economic Survey 2020-21: 5 - Question 1

Which was not a major Agriculture and Allied export destination ?

Detailed Solution for Test: Economic Survey 2020-21: 5 - Question 1

In 2019-20, the major Agriculture and Allied export destinations were the USA, Saudi Arabia, Iran, Nepal and Bangladesh.

Test: Economic Survey 2020-21: 5 - Question 2

As per the Index of Industrial Production data, the economic activity of India is estimated to show ________ recovery post the adversities of COVID-19 induced lockdowns

Detailed Solution for Test: Economic Survey 2020-21: 5 - Question 2

A strong V-shaped recovery of economic activity further confirmed by IIP data.

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Test: Economic Survey 2020-21: 5 - Question 3

The contribution of Livestock in total agriculture and allied sector GVA (at Constant prices) has increased from 24.32% (2014-2015) to ______(2018-2019)

Test: Economic Survey 2020-21: 5 - Question 4

What is the rank of India in the Ease of Doing Business (EoDB) Index 2019?

Detailed Solution for Test: Economic Survey 2020-21: 5 - Question 4

India’s rank in the Ease of Doing Business (EoDB) Index for 2019 has moved upwards to the 63rd position in 2020 from 77th in 2018 as per the Doing Business Report (DBR).

Test: Economic Survey 2020-21: 5 - Question 5

Consider the following statements regarding P.J. Nayak Committee (2014) highlighted concern
(i) Evergreening of loans by classifying NPAs as restructured assets
(ii) The resultant under capitalization of banks
Select the CORRECT code given below

Test: Economic Survey 2020-21: 5 - Question 6

Centre has announced a PLI Scheme in the 10 key sectors under the aegis of AatmaNirbhar Bharat for enhancing manufacturing capabilities and exports of India. Expand PLI.

Detailed Solution for Test: Economic Survey 2020-21: 5 - Question 6

Government has announced a Production-Linked Incentive (PLI) Scheme in the 10 key sectors under the aegis of AatmaNirbhar Bharat for enhancing India’s manufacturing capabilities and exports.

Test: Economic Survey 2020-21: 5 - Question 7

Consider the following
I. India enter the top-50 innovating countries in 2020 
II. India ranked first in Central and South Asia
III. India ranked third amongst lower middle-income group economies

Which is/are CORRECT statement regarding India's ranked in Global Innovation Index 

Test: Economic Survey 2020-21: 5 - Question 8

The 2020-21 Economic survey data shows that the life expectancy at birth has improved in 2019, at _______, as compared to a year before. 

Detailed Solution for Test: Economic Survey 2020-21: 5 - Question 8

Life expectancy at birth improved from 69.4 years in 2018 to 69.7 years in 2019.

Test: Economic Survey 2020-21: 5 - Question 9

India's gross domestic expenditure on R&D (GERD), _______of GDP ?

Test: Economic Survey 2020-21: 5 - Question 10

The World’s largest COVID-19 vaccination drive commenced in India on 16th January, 2021 using indigenously manufactured Covishield and Covaxin. While Covishield is manufactured by Serum Institute, Covaxin has been manufactured by which company?

Detailed Solution for Test: Economic Survey 2020-21: 5 - Question 10

World’s largest COVID-19 vaccination drive commenced on 16th January, 2021 using two indigenously manufactured vaccines- Covishield (by Serum Institute of India, Pune) and Covaxin (Bharat Biotech International Ltd, Hyderabad).

Test: Economic Survey 2020-21: 5 - Question 11

Consider the following statements regarding Pradhan Mantri Jan Arogya Yojana (PM-JAY)
I. Launched in 2018
II. It's aim to provide Healthcare access to the most vulnerable sections
III. Declined in Infant Mortality Rate (IMR) by 12% for the States that adopted it
IV. Decline in under-5 mortality rate
Select the CORRECT code given below

Detailed Solution for Test: Economic Survey 2020-21: 5 - Question 11

IMR declined by 12% for States that did not adopt PM-JAY and 20% in States that adopted it.

Test: Economic Survey 2020-21: 5 - Question 12

Despite the COVID-19 crisis, which sector has remained a silver lining ?

Test: Economic Survey 2020-21: 5 - Question 13

India's Forex reserves at an all time high of US $ _______ as on January 08, 2021 ?

Test: Economic Survey 2020-21: 5 - Question 14

When is the economic survey (annual financial documents) generally presented in the Parliament ?

Test: Economic Survey 2020-21: 5 - Question 15

What led to the "Economic Under Heating" during COVID-19 ?

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