June 16, 2024
With Social Stock Exchange to the Indian economy, consider the following statements:
1. It would function as a separate segment within the existing stock exchange and help social enterprises raise funds from the public through its mechanism.
2. Retail investors, Institutional investors and Non-institutional investors can invest via SSE.
3. Any non-profit organisation (NPO) or for-profit social enterprise (FPSEs) that establishes the primacy of social intent would be recognised as a social enterprise.
Which of the statements given below is/are correct?
  • (A) 1 and 3 only
  • (B) 2 and 3 only
  • (C) 1 and 2 only
  • (D) 1, 2 and 3
With reference to the Distributed Renewable Energy, consider the following statements:
1. It refers to the generation and distribution of electricity from renewable energy sources, through small-scale, decentralized systems..
2. They are typically designed to serve a single household or community, rather than a large urban or industrial center.
3. They are also known as off-grid.
Which of the statements given below is/are correct?
  • (A) 1 and 3 only
  • (B) 2 and 3 only
  • (C) 1 and 2 only
  • (D) 1, 2 and 3
Which of the following is/are incorrect regarding the G20?
1 The G20 was formed in the year 1999.
2. Its aim was to secure global financial stability by involving middle-income countries.
Select the answer using the codes:
  • (A) 1 only
  • (B) 2 only
  • (C) Both 1 and 2
  • (D) Neither 1 nor 2
Which of the following statements is/are correct?
1. Front running is the practice of purchasing a security based on advanced private information so as to benefit from the subsequent price movement.
2. Insider trading takes advantage of unpublished price-sensitive information to trade in the company’s stock and make profits from such transactions.
Select the answer using the codes:
  • (A) 1 only
  • (B) 2 only
  • (C) Both 1 and 2
  • (D) Neither 1 nor 2
Which of the following statements is/are correct regarding QR-Code Based Coin Vending Machine?
1. QCVM is a cashless coin dispensation machine which would dispense coins against a debit to the customer’s bank account using UPI.
2. Customers would be endowed the option of withdrawing coins in required quantities and denominations.
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 one of the following is not correct regarding Global Minimum Corporate Tax?
1. EU members have agreed to implement a minimum tax rate of 15% on big businesses in accordance with the Global Tax Agreement.
2. The Global Tax Agreement was framed by the European Economic Council.
Select the answer using the codes given below:
  • (A) 1 only
  • (B) 2 only
  • (C) Both 1 and 2
  • (D) Neither 1 nor 2
Consider the following statements:
1. RuPay is India’s indigenous payment network.
2. UPI LITE is a new payment solution that leverages a trusted technology to process low-value transactions that have been set at below INR 200.
Select the correct statements using the code given below:
  • (A) 1 only
  • (B) 2 only
  • (C) Both 1 and 2 
  • (D) Neither 1 nor 2
Consider the following statements regarding India-China trade?
1. During 2022, China’s imports from India fell to $17.48 billion.
2. India exports a narrow basket of commodities which includes mostly primary, to China.
Select the incorrect statement(s) using the code given below:
  • (A) 1 only
  • (B) 2 only
  • (C) Both 1 and 2 
  • (D) Neither 1 nor 2
This Plan was thorough failure in reaching the targets due to unforeseen events - Chinese aggression, Indo-Pak war, severe drought. Due to conflicts the approach during the later phase was shifted from development to defense & development. Which plan is being referred to here?
  • (A) Fourth Five year Plan
  • (B) Fifth Five year Plan
  • (C) Sixth Five year Plan
  • (D) Third Five year Plan
Consider the following statements:
1 Barter system suffers from double coincidence of wants.
2. Money creates double coincidence of wants.
Which of the above given statement(s) is/are correct?
  • (A) 1 only
  • (B) 2 only
  • (C) Both 1 and 2
  • (D) Neither 1 nor
Which of the following statement(s) is/are incorrect?
1 Consumer Price Index is the index that shows the rate of inflation at the retail level.
2. The CPI basket comprises more items in the rural areas than in urban areas.
Select the answer using the codes given below:
  • (A) 1 only
  • (B) 2 only
  • (C) Both 1 and 2
  • (D) Neither 1 nor 2
Consider the following statements:
1. Phillips Curve shows the relationship between tax rates and the amount of tax revenue.
2. Higher GINI index indicates greater inequality.
Which of the above given statement(s) is/are correct?
  • (A) 1 only
  • (B) 2 only
  • (C) Both 1 and 2
  • (D) Neither 1 nor 2
Consider the following statements regarding National Statistical Organization:
1. NSO is headed by the Chief Statistician of India.
2. The National Statistical Commission had recommended for the creation of the NSO.
Which of the above given statement(s) is/are correct?
  • (A) 1 only
  • (B) 2 only
  • (C) Both 1 and 2
  • (D) Neither 1 nor 2
Consider the following statements:
1. GDP Per Capita is used by economists to measure the prosperity of a country.
2. Per Capita Income counts all males, females and children as a member of the population.
Which of the above given statement(s) is/are correct?
  • (A) 1 only
  • (B) 2 only
  • (C) Both 1 and 2
  • (D) Neither 1 nor 2
Consider the following statements:
1. Reserve Bank of India’s Central Bank Digital Currency (CBDC) is an electronic version of cash.
2. CBDC will be primarily meant for retail transactions.
Select the correct statement(s) using the codes given below:
  • (A) 1 only
  • (B) 2 only
  • (C) Both 1 and 2
  • (D) None of the above

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