October 13, 2024
Consider the following statements :
1 The Government has established FFS with a corpus of Rs. 100 crore.
2. Small Industries Development Bank of India (SIDBI) is the operating agency for FFS.
Which of these is/are correct regarding the Fund of Funds for Startups (FFS) Scheme?
  • (A) 1 only
  • (B) 2 only
  • (C) Both 1 and 2
  • (D) Neither 1 nor 2
Consider the following statements :
1 It was established under the G20 India Presidency 2023.
2. It intends to represent the global startup ecosystem to raise the macroeconomic concerns.
Which of these is/are correct regarding the Startup20?
  • (A) 1 only
  • (B) 2 only
  • (C) Both 1 and 2
  • (D) Neither 1 nor 2
Plant Vogtle Unit 3, recently seen in news, has been setup in which country?
  • (A) France.
  • (B) Spain.
  • (C) USA.
  • (D) United Kingdom.
Consider the following statements:
1 The amount is transferred to the bank accounts of eligible farmers’ families through Direct Benefit Transfer.
2. It is a Central Sector scheme.
3. It is the first scheme of the government to do e-KYC.
How many of the statements given above is/are correct regarding the Pradhan Mantri Kisan Samman Nidhi (KISAN) Scheme?
  • (A) 1 statement only
  • (B) 2 statements only
  • (C) All the statements
  • (D) None of the statement
Consider the following statements :
1 Headline inflation is calculated using Wholesale Price Index.
2. In context of the Indian economy, food items are more responsible in higher headline inflation than fuel and other items.
3. Super core inflation in India has shown signs of moderation in the recent past.
How many of the statements given above is/are correct regarding inflation?
  • (A) 1 statement only
  • (B) 2 statements only
  • (C) All the statements
  • (D) None of the statement
Which of the following is/are correct regarding Seasonally Adjusted Annual Rate(SAAR)?
  • (A) It is a rate adjustment used in business to account for changes in data due to seasonal variations.
  • (B) It enables more accurate comparisons to be made between different time periods.
  • (C) Indictors like inflation, super-core inflation are often adjusted using SAAR.
  • (D) All of the above.
Which of the following is/are incorrect regarding the Harmonized System of Nomenclature?
1 It is governed by "The International Convention on the Harmonized Commodity Description and Coding System".
It was elaborated under the auspices of the World Customs Organization.
Select the answer using the codes given below:
  • (A) 1 only.
  • (B) 2 only.
  • (C) Both 1 and 2.
  • (D) Neither 1 nor 2.
How many among the following items is/are not included under the GST regime?
1. Alcohol for human consumption.
2. Electricity transmission or distribution utility.
3. Sale/purchase of property.
4. Student accommodation in hostels.
Select the answer using the codes given below:
  • (A) 1 item only.
  • (B) 2 items only.
  • (C) 3 items only.
  • (D) All the items.
Which of the following is/are correct?
1 As per the CMIE employment data, majority of Indians work either as farmers or as wage labourers or small traders.
2. The number of people categorised under “business” grew by 8.4 million between the last four years.
Select the answer using the codes given below:
  • (A) 1 only
  • (B) 2 only
  • (C) Both 1 and 2
  • (D) Neither 1 nor 2
Which of the following is/are correct?
1 Rajasthan is the first state in the country to enact an urban employment guarantee law.
2. Every adult person residing in the urban areas of Rajasthan is guaranteed 125 days of work in a financial year.
Select the answer using the codes given below:
  • (A) 1 only
  • (B) 2 only
  • (C) Both 1 and 2
  • (D) None
The transformative ability of Digital Public Infrastructure (DPI) lies in which of the following?
1 Inclusion and competition in the digital realm.
2. Potential to be used across multiple use cases.
3. Creating novel solutions that drive innovation.
Select the correct statement(s) using the codes given below:
  • (A) 1 and 3 only
  • (B) 2 and 3 only
  • (C) 1 and 2  only
  • (D) All of the above
Payment through the UPI 123PAY cannot be made through which of the following?
1. IVR numbers.
2. Missed Call Pay.
3. Sound-Based Technology.
Select the correct statement(s) using the codes given below:
  • (A) 1 only
  • (B) 3 only
  • (C) 2 and 3 only 
  • (D) None of these
The fourfold mission of Sustainable Development Solutions Network includes?
1 Scholarly research.
2. Public outreach.
3. Educational innovation.
4. Convening power.
5. Inter-governmental collaboration.
Select the answer using the codes given below:
  • (A) 1, 3 and 4 only.
  • (B) 2, 3, 4 and 5 only.
  • (C) 1, 2, 3 and 4 only.
  • (D) 1, 2 and 3 only.
Recently the global credit rating agency Fitch has downgraded US Sovereign rating citing expected fiscal deterioration over next three years, a high and growing general government debt burden and steady deterioration in governance over the last 20 years. The rating has been downgraded from AAA to?
  • (A) AAA-
  • (B) AA-
  • (C) BBB+
  • (D) AA+
ITA-1 has pulled down the IT-based trade in value added (TiVA) goods. Which of the following best defines TiVA?
  • (A) It considers the contribution made by developed country in the creation of goods and services that are consumed globally.
  • (B) It is a statistical method that helps to identify the sources of value added during the production of goods and services for export and import.
  • (C) It considers the contribution made by each country in the creation of goods and services that are consumed domestically.
  • (D) It is a statistical method that helps to identify the sources of value added during the production of goods for export and import.

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