Mock Test for IAS- 2018- 3/25: Based on Economic Survey 2018-19
Q.1.Middle Income Trap refers to an economic development situation
- When the number of middle income population out numbers others in a country
- Where a country attains a certain income due to certain advantage, get stuck at that level
- When the income of rich citizens increases at faster pace than middle income of population in a country.
- Where the fiscal measures only focus on the middle income group’s development.
Q.2. Consider the following demographic realities of India Vs China
- Meta Son Preference in India results in “unwanted girls” while in China it results in “missing women”
- “Missing Woman” results only in India due to sex selective abortion and not in China
- “Burst of Bubble” i.e. excess of male will result in India due to “son preference” but in China due to “one child policy”
Now, select the correct ones.
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Q.3. In Which of the following cases “Bail-in” is proposed for PSBs by government?
- When the failure of financial institution does not pose any systemic threat
- When the government does not possess financial resources for bail-out of the PSBs
- Both a & b
- None of the above
Q.4. Convergence in economic development means
- The gap between rich & poor countries closes down.
- Economic growth of poor countries is faster than that of rich country
- Both a & b
- None of the above
Q.5. Lewisian Transformation model refers to
- Structural changes in the economy
- Labour transfer from farm to factory
- Introduction of technology to increase productivity
- Skill development through higher education
Q.6. Gender Gap Index of WEF measures gender gap with respect to
- Social Security & custom
- Economic participation & opportunity
- Educational attainment
- Health and survival
- Political empowerment
Now, select the correct ones
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Q.7. India’s membership to EBRD will
- Enhance India’s international profile
- Boost India’s investment opportunity
- Enhance Competitive strength of Indian firms
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Q.8. Which of the following efforts are seen to correct the short comings of Green Revolution?
- Crop Diversification Scheme
- Crop Insurance Scheme
- Soil Health Card
- VIIDP
- Bringing Green Revolution in Eastern India
Now, select the correct ones.
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Q.9.Money laundering is the process of transforming illegal money into “legitimate” assets. Such processes include
- Smurfing
- Black salaries
- Bank capture
- TBM
- Shell Companies
- Gambling
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Q.10. International Food Policy Research Institute
- Is a non-profit organization based in District of Columbia
- Its publications include Global Hunger Index and Hunger Index for the states of India.
- Its research area includes Gender and Development, Malnutrition climate change and transgenic crops.
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Q.11. Doubling MSP
- Will cause inflation
- Will increase agri-production
- May cause inflation
- May cause inflation but will increase agri-production
Q.12. Consider the following institutions and their functions:
- FSB makes recommendations about the global financial system.
- BIS makes recommendations to check terrorist financing
- GFXC promotes transparent forex market.
Now, select the correct ones
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Q.13. NIIF established by government promotes infrastructural investment in
- Green field Projects
- Brown field Projects
- Stalled Projects
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Q.14. Bail –in provision for banks under FRDI bill will have negative impacts on
- Small Saving bank accounts
- Savings for retirement and marriages
- Salary accounts of employees
- Working capital of industries
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Q.15.Global Hunger Index is based on the scores of following component indicators:
- Proportion of undernourished
- Proportion of U5 children suffering from wasting
- Proportion of U5 children suffering from stunting
- Mortality rate of U5 children.
- Mortality rate of mother at the time of child birth
Now, select the correct ones
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