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Question 1 of 5
1. Question
2 points1. Which of the following indicators has/have been used by the World Economic Forum to calculate the Global Competitiveness Index?
1. Efficiency Enhancer Sub Index.
2. Innovation and Sophistication Factors Sub Index.
Select the correct answer using the code given below:Correct
Answer: C
Explanation:
Global Competitiveness Index is an annual report to rank countries on various aspects of competitiveness on macro and microeconomic levels integrally. It is published by the World Economic Forum. This report measures the ability of countries to provide high levels of prosperity to their citizens.
The Global Competitiveness Index assesses countries on 12 pillars:
1. Institutions
2. Appropriate infrastructure
3. Stable macroeconomic framework
4. Good health and primary education
5. Higher education and training
6. Efficient goods markets
7. Efficient labor markets
8. Developed financial markets
9. Ability to harness existing technology
10. Market size – both domestic and international
11. Production of new and different goods using the most sophisticated production processes.
12. Innovation
Sub-index categorization of the Global Competitiveness Index is divided into certain pillars:
● Statement 1 is correct: Pillars 1 to 4 are considered as a Basic Requirement Factor. Pillars 5 to 10 are considered Efficiency Enhancer Factors.
● Statement 2 is correct: Pillars 11 to 12 are considered Innovation and Sophistication Factors.Incorrect
Answer: C
Explanation:
Global Competitiveness Index is an annual report to rank countries on various aspects of competitiveness on macro and microeconomic levels integrally. It is published by the World Economic Forum. This report measures the ability of countries to provide high levels of prosperity to their citizens.
The Global Competitiveness Index assesses countries on 12 pillars:
1. Institutions
2. Appropriate infrastructure
3. Stable macroeconomic framework
4. Good health and primary education
5. Higher education and training
6. Efficient goods markets
7. Efficient labor markets
8. Developed financial markets
9. Ability to harness existing technology
10. Market size – both domestic and international
11. Production of new and different goods using the most sophisticated production processes.
12. Innovation
Sub-index categorization of the Global Competitiveness Index is divided into certain pillars:
● Statement 1 is correct: Pillars 1 to 4 are considered as a Basic Requirement Factor. Pillars 5 to 10 are considered Efficiency Enhancer Factors.
● Statement 2 is correct: Pillars 11 to 12 are considered Innovation and Sophistication Factors. -
Question 2 of 5
2. Question
2 points2. India’s largest Rubber Dam was constructed across which of the following river?
Correct
Answer: A
Context: In September 2022, Bihar Chief Minister inaugurated Bihar’s first and country’s longest rubber dam ‘Gayaji Dam’ built on falgu river in Gaya district.
Explanation:
India’s largest rubber dam on the Falgu River
● Built at a cost of Rs 312 crore, the dam uses rubber instead of concrete. It is also environmentally friendly. It is three meters high and 411 meters long. It has six spans of 60-65 meters in length.
● Rubber sheets have been installed under the river in a length of about one thousand meters. Its diaphragm is three hundred meters. Dam is like a balloon. Its rubber tube has an automatic system for filling and removing air. Balloon air can be removed when the water is high. This will prevent and release water as per the need.
● According to the information, the Austrian company and the Hyderabad-based agency have prepared it together. The rubber dam is made of 17 mm thick rubber. It is bulletproof. At the same time, it is being claimed that it will not deteriorate for one hundred years.
● Built in Gaya, a famous pilgrimage site of Hindus and Buddhism, this rubber dam will keep water in the Falgu river throughout the year. This will facilitate people in bathing, pind daan and tarpan.
Incorrect
Answer: A
Context: In September 2022, Bihar Chief Minister inaugurated Bihar’s first and country’s longest rubber dam ‘Gayaji Dam’ built on falgu river in Gaya district.
Explanation:
India’s largest rubber dam on the Falgu River
● Built at a cost of Rs 312 crore, the dam uses rubber instead of concrete. It is also environmentally friendly. It is three meters high and 411 meters long. It has six spans of 60-65 meters in length.
● Rubber sheets have been installed under the river in a length of about one thousand meters. Its diaphragm is three hundred meters. Dam is like a balloon. Its rubber tube has an automatic system for filling and removing air. Balloon air can be removed when the water is high. This will prevent and release water as per the need.
● According to the information, the Austrian company and the Hyderabad-based agency have prepared it together. The rubber dam is made of 17 mm thick rubber. It is bulletproof. At the same time, it is being claimed that it will not deteriorate for one hundred years.
● Built in Gaya, a famous pilgrimage site of Hindus and Buddhism, this rubber dam will keep water in the Falgu river throughout the year. This will facilitate people in bathing, pind daan and tarpan.
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Question 3 of 5
3. Question
2 points3. Recently, the Prime Minister unveiled a 108 feet tall bronze statue of Sri Nadaprabhu Kempegowda (Statue of Prosperity) in Bengaluru. Which of the following statements is incorrect about Kempegowda?
Correct
Answer: B
Context: In November 2022 Prime Minister unveiled the 108-foot statue of the city’s founder NadaprabhuKempegowda, which is the “first and the tallest bronze statue of a founder of a city” as per the World Book of Records.
Explanation:
About Nadaprabhu Kempegowda:
● Nadaprabhu Kempegowda was a 16th century chieftain of the Vijayanagara Empire, is credited as the founder of Bengaluru.
● He approached the Vijayanagara kings for the requisite permission and laid the foundations for what would become Bangalore City.
● Kempegowda is also known to have developed around 1,000 lakes in the city to cater to drinking and agricultural needs.
● He was from the dominant agricultural Vokkaliga community in south Karnataka.
● Kempe Gowda was a patron of the arts and authored ‘Ganga-Gouri Sallapamu’ in Telugu.
Incorrect
Answer: B
Context: In November 2022 Prime Minister unveiled the 108-foot statue of the city’s founder NadaprabhuKempegowda, which is the “first and the tallest bronze statue of a founder of a city” as per the World Book of Records.
Explanation:
About Nadaprabhu Kempegowda:
● Nadaprabhu Kempegowda was a 16th century chieftain of the Vijayanagara Empire, is credited as the founder of Bengaluru.
● He approached the Vijayanagara kings for the requisite permission and laid the foundations for what would become Bangalore City.
● Kempegowda is also known to have developed around 1,000 lakes in the city to cater to drinking and agricultural needs.
● He was from the dominant agricultural Vokkaliga community in south Karnataka.
● Kempe Gowda was a patron of the arts and authored ‘Ganga-Gouri Sallapamu’ in Telugu.
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Question 4 of 5
4. Question
2 points4. With reference to Meizotropispellita (Patwa), consider the following statements:
1. It is endemic to Nilgiris.
2. It is listed as Critically Endangered in IUCN Red Data List.
3. The species is threatened by deforestation, habitat fragmentation and forest fires.
Which of the statements given above are correct?Correct
Answer: B
Context: Recently, three medicinal plant species in the Himalayas have been included in the IUCN Red list of threatened. These are Meizotropispellita (Critically Endangered), Fritilloriacirrhosa (Vulnerable) and Dactylorhizahatagirea (endangered).
Explanation:
● Statement 1 is incorrect. Patwa is a perennial shrub with restricted distribution that is endemic to Uttarakhand.
● Statement 2 and 3 are correct. It is listed as Critically Endangered in IUCN Red Data List. The species is threatened by deforestation, habitat fragmentation and forest fire.
o The essential oil extracted from the leaves of the species possesses strong antioxidants and can be a promising natural substitute for synthetic antioxidants in pharmaceutical industries.
Incorrect
Answer: B
Context: Recently, three medicinal plant species in the Himalayas have been included in the IUCN Red list of threatened. These are Meizotropispellita (Critically Endangered), Fritilloriacirrhosa (Vulnerable) and Dactylorhizahatagirea (endangered).
Explanation:
● Statement 1 is incorrect. Patwa is a perennial shrub with restricted distribution that is endemic to Uttarakhand.
● Statement 2 and 3 are correct. It is listed as Critically Endangered in IUCN Red Data List. The species is threatened by deforestation, habitat fragmentation and forest fire.
o The essential oil extracted from the leaves of the species possesses strong antioxidants and can be a promising natural substitute for synthetic antioxidants in pharmaceutical industries.
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Question 5 of 5
5. Question
2 points5. With reference to India’s Leather Industry, consider the following statements:
1. Leather Industry is an employment-intensive industry.
2. It has been among the top ten foreign exchange earners for the country.
3. India is the world’s largest producer and consumer of footwear in the world.
Which of the statements given above is/are correct?Correct
Answer: B
Context: In September, 2022 Ministry of Skill Development and Entrepreneurship launches SCALE app for skill development in leather sector at Central Leather Research Institute, Chennai.
Explanation:
● Statement 1 is correct: The leather industry is an employment-intensive industry providing jobs to more than 4 million people.
● Statement 2 is correct: The industry is known for its consistency in high export earnings and it is among the top ten foreign exchange earners for the country.
● Statement 3 is incorrect: The Leather industry in India accounts for around 13% of the world’s leather production of hides/skins. India is the second-largest producer and consumer of footwear in the world. It accounts for 9% of the world’s footwear production.
VALUE ADDITION:
● India is the second largest global exporter and accounts for 8.03% share of India’s total export from leather sector (2020-21).
● India is the fifth largest global exporter of Leather Goods & Accessories and third largest exporter of Saddlery and Harness items.
● Women employment is predominant in Leather products industry with about 30% share. The Leather industry in India has one of the youngest workforces with 55% of the workforce below 35 years of age.Incorrect
Answer: B
Context: In September, 2022 Ministry of Skill Development and Entrepreneurship launches SCALE app for skill development in leather sector at Central Leather Research Institute, Chennai.
Explanation:
● Statement 1 is correct: The leather industry is an employment-intensive industry providing jobs to more than 4 million people.
● Statement 2 is correct: The industry is known for its consistency in high export earnings and it is among the top ten foreign exchange earners for the country.
● Statement 3 is incorrect: The Leather industry in India accounts for around 13% of the world’s leather production of hides/skins. India is the second-largest producer and consumer of footwear in the world. It accounts for 9% of the world’s footwear production.
VALUE ADDITION:
● India is the second largest global exporter and accounts for 8.03% share of India’s total export from leather sector (2020-21).
● India is the fifth largest global exporter of Leather Goods & Accessories and third largest exporter of Saddlery and Harness items.
● Women employment is predominant in Leather products industry with about 30% share. The Leather industry in India has one of the youngest workforces with 55% of the workforce below 35 years of age.
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