DAY 87
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Question 1 of 5
1. Question
2 points1. With reference to the different government earnings, consider the following:
- Earnings by the Department of Posts.
- Earnings by Railways to Govt.
- The government gets money by reducing its stake in Public Sector Undertakings.
- Loans are taken by the government from the Reserve Bank.
Which of the above is the part of the capital receipts of the government?
Correct
Answer: C
Explanation:
- Government receipts are divided into two groups—Revenue Receipts and Capital Receipts. All Government receipts that either create liability or reduce assets are treated as capital receipts, whereas receipts that neither create liability nor reduce government assets are called revenue receipts.
Incorrect
Answer: C
Explanation:
- Government receipts are divided into two groups—Revenue Receipts and Capital Receipts. All Government receipts that either create liability or reduce assets are treated as capital receipts, whereas receipts that neither create liability nor reduce government assets are called revenue receipts.
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Question 2 of 5
2. Question
2 points2. With reference to India, Pakistan, and China, which of the following is/are correct?
- India has the highest fertility rate among the three countries.
- Pakistan has the best sex ratio among the three countries.
- China has the highest urban population among the three countries.
Select the correct answer using the code given below:
Correct
2. Answer: C
Explanation:
- Pakistan (3.6) has the highest fertility rate among the three countries.
- China (949) has the best sex ratio among the three countries.
- China has the highest urban population (59 %) among the three countries.
Incorrect
2. Answer: C
Explanation:
- Pakistan (3.6) has the highest fertility rate among the three countries.
- China (949) has the best sex ratio among the three countries.
- China has the highest urban population (59 %) among the three countries.
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Question 3 of 5
3. Question
2 points3. Consider the following statements:
- Regular salaried workers in rural areas are proportionately less as compared to urban areas.
- Self-Employed in urban areas are proportionately higher than in rural areas.
- The casual remuneration of the employee is almost equal in both rural and urban areas.
Which of the statements given above is/are correct?
Correct
3. Answer: A
Explanation:
- Statement 1 is correct: Regular salaried workers in rural areas (13%) are proportionately less as compared to urban areas (47%).
- Statement 1 is incorrect: Self-Employed in rural areas (58%) are proportionately higher than in urban areas (38%).
- Statement 1 is incorrect: The casual remuneration of the employee is not equal.
Incorrect
3. Answer: A
Explanation:
- Statement 1 is correct: Regular salaried workers in rural areas (13%) are proportionately less as compared to urban areas (47%).
- Statement 1 is incorrect: Self-Employed in rural areas (58%) are proportionately higher than in urban areas (38%).
- Statement 1 is incorrect: The casual remuneration of the employee is not equal.
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Question 4 of 5
4. Question
2 points4. Which of the following statements are correct?
- The Reserve Bank can print currency only based on credit.
- The RBI must print currency on the government’s demand.
- The government takes rupees from the Reserve Bank in the form of loans.
Select the correct answer using the code given below:
Correct
4. Answer: A
Explanation:
All the above statements are correct:
- The Reserve Bank can print currency only based on credit.
- The RBI must print currency on the government’s demand.
- The government takes rupees from the Reserve Bank in the form of loans.
Incorrect
4. Answer: A
Explanation:
All the above statements are correct:
- The Reserve Bank can print currency only based on credit.
- The RBI must print currency on the government’s demand.
- The government takes rupees from the Reserve Bank in the form of loans.
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Question 5 of 5
5. Question
2 points5. How one can differentiate between MGNREGA and DAY-NULM?
- While MGNREGA is an employment guarantee programme for rural areas, DAY-NULM is related to urban areas.
- Under DAY-NULM policy, at least one-third of beneficiaries must be women, and there is no such provision in MGNREGA.
- Skill development is a significant feature under DAY-NULM, and MGNREGA is focused on unskilled manual work.
Which of the statements given above are correct?
Correct
5. Answer: B
Explanation:
- MGNREGA is one of the largest work guarantee programmes in the world. Deendayal Antyodaya Yojana-National Urban Livelihoods Mission (DAY-NULM) was launched in 2014 and is being implemented by the Urban Ministry of Housing & Poverty Alleviation.
- Under MGNREGA policy, at least one-third of beneficiaries must be women.
Incorrect
5. Answer: B
Explanation:
- MGNREGA is one of the largest work guarantee programmes in the world. Deendayal Antyodaya Yojana-National Urban Livelihoods Mission (DAY-NULM) was launched in 2014 and is being implemented by the Urban Ministry of Housing & Poverty Alleviation.
- Under MGNREGA policy, at least one-third of beneficiaries must be women.
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