MCQ QUESTIONS

MCQ QUESTIONS for UPSC Aspirants

To cater the MCQ needs of civil services aspirants we at A-CUBE IAS have MCQ question of the day. In this you will get a new MCQ on daily basis to boost your confidence with most relevant questions.
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14 May 2022
Question :
Consider the following statements related to ‘e-SHRAM portal’
  1. National Database of Unorganized Workers (NDUW), a centralized database of all unorganized workers (UWs) is being created with eSHRAM Portal which will be seeded with Aadhaar. 
  2. A national toll free number — 14434 launched to assist and address the queries of workers seeking registration on the portal
  3. To improve the implementation efficiency of the social security services meant for the unorganized workers and integration of Social Security Schemes being administered by Ministry for Labour and Employment (MoLE) and subsequently those run by other ministries as well.
Which of the statements given above is/are correct ?

1 and 2
1 and 3
2 and 3
1, 2 and 3

For explanation Click here

INDIAN ECONOMY    
10 May 2022
Question :
What were the reasons which led to bank nationalization of 1969?
  1. Expansion of bank branches was mostly in urban areas
  2. Agriculture and small scale industries were not getting proper access to banking facilities
  3. Bank credit was not utilized for financing projects according to Plan priorities
  4. Easy and cheap availability of credit to a few industrial houses had encouraged growth of monopolies
Select the correct answer using the code given below:

1 and 2 only
1, 2 and 3 only
2 and 4 only
All of the above

For explanation Click here

INDIAN ECONOMY  
09 May 2022
Question :
Which of the following statements about the Pradhan Mantri Fasal Bima  Yojana (PMFBY) is/are not correct?
  1. Its objective is to stabilize the income of farmers to ensure their continuance in farming.
  2. Under the scheme only food crops damages are covered.
  3. The scheme covers post-harvest losses due to hail storms and unseasonal rainfall.
Select the correct answer using the code given below

2 only
1 and 2 only
1, 2 and 3
1 and 3 only

For explanation Click here

INDIAN ECONOMY    
28 Apr 2022
Question :
Q: Consider the following :
  1. The present share of Direct Tax is 52% of the total tax receipt.
  2. The direct tax collection this year has surpassed the indirect tax collection
Select the correct answer using the code given below. 

1 only
2 only
Both 1 and 2
Neither 1 nor 2

For explanation Click here

INDIAN ECONOMY       
26 Apr 2022
Question : Consider the following statements regarding Zero Budget Natural Farming (ZBNF):
  1. Crops are raised without using fertilizers & pesticides
  2. Helps in retaining soil fertility
  3. Ensures zero cost of production
Which of the statements given above are correct?

1 only
1 and 2 only
2 annd 3 only
1, 2 and 3

For explanation Click here

INDIAN ECONOMY     
24 Apr 2022
Question : The India’s first Global Ayush Investment and Innovation Summit 2022 held in which of the following city of Gujarat:


Ahmedabad
Gandhinagar
Vadodara
Rajkot

For explanation Click here

INDIAN ECONOMY   
15 Apr 2022
Question :
Who among the following has published the recently launched State Energy and Climate Index ?

Ministry of New and Renewable Energy (MNRE)
Ministry of Statistics and Programme Implementation (MoSPI)
NITI Aayog - National Institution for Transforming India
Department of Economic Affair

For explanation Click here

INDIAN ECONOMY     
14 Apr 2022
Question : Consider the following statements regarding the REWARD Project:
  1. REWARD is one of the largest water management programs around the world.
  2. This project Is a joint initiative of the Department of Land Resources, Ministry of Urban Development in association with the World Bank
  3. The International Bank for Reconstruction and Development (IBRD) will provide financial support to this project.
Which of the statement/s given above is/are NOT correct?

1 only
2 only
1 and 3 only
2 and 3 only

For explanation Click here

INDIAN ECONOMY      
13 Apr 2022
Question :
Consider the following statements with respect to Indian Economy:
  1. GDP covers all productive activity for producing goods and services, without duplication.
  2. The System of National Accounting (SNA) is designed to measure production, consumption, and accumulation of income and wealth for assessing the performance of the economy.
Which of the above statements is/are correct? 

1 only
2 only
Both 1 and 2
Neither 1 nor 2

For explanation Click here

INDIAN ECONOMY    
09 Apr 2022
Question :
Consider the following statements:
  1. Regional Rural Bank (RRBs) are regulated by Reserve Bank of India 
  2. Regional Rural Bank was formed to serve the credit needs of the small and marginal farmers
  3. Regional Rural Bank was formed post economic reform of the year 1991
Which of the statement(s) given above is/are correct?

1 and 2 only
2 only
3 only
​1, 2 and 3

For explanation Click here

INDIAN ECONOMY      
06 Apr 2022
Question :
Which of the following is NOT a Commercial Bank?

Public Sector
Private Sector Bank
Co-operative Bank
Regional Rural Bank

For explanation Click here

INDIAN ECONOMY      
17 Mar 2022
Question : Consider the following statements regarding Initial Public Offering (IPO): 
  1. An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and also to retail (individual) investors
  2. After the IPO, shares of the company are traded freely in the open market at what is known as the free float
  3. Life Insurance Corporation (LIC) of India is going to be the biggest Indian IPO ever.
Which of the following statement/s given above is/are correct? 

1 and 2 only
1 and 3 only
3 only
1, 2 and 3

For explanation Click here

INDIAN ECONOMY       
23 Feb 2022
Question :
Which of the following multilateral bodies are involved in the conservation and sustainable use of marine biological diversity of areas beyond national jurisdiction?
  1. The International Seabed Authority
  2. The International Maritime Organisation
  3. International Whaling Commission
Choose the correct code:

2 only
1 and 3 only
2 and 3 only
1, 2 and 3

For explanation Click here

INDIAN ECONOMY       
14 Feb 2022
Question :
When at any point of time, the Central Bank (RBI) decides to adopt a contractionary monetary policy, which of the following would it not do?
  1. Increase the Bank Interest Rates and Repo Rate
  2. Increase the Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR)
  3. Decrease the Marginal Standing Facility Rate
Select the correct answer using the code given below :

1 and 2 only
1 and 3 only
3 only
1, 2 and 3 

For explanation Click here

INDIAN ECONOMY      
13 Feb 2022
Question : Consider the following statement regarding Securities and Exchange Board of India (SEBI):
  1. SEBI was initially formed as a non-statutory body and later acquired statutory status in 1992.
  2. SEBI is an autonomous organization that works under the administration of the Union Finance Ministry.
  3. Headquarter of SEBI is in Delhi and has four regional offices located in Mumbai, Chennai, Ahmedabad and Kolkata.
Which of the statement(s) given above is/are correct?
1 only
1 and 2 only
1 and 3 only
1, 2 and 3

For explanation Click here

INDIAN ECONOMY      
10 Feb 2022
Question : Consider the following statements regarding electoral bond:
  1. Electoral bond can only be encashed by political parties, which had secured at least 1 percent of the votes polled in the most recent Lok Sabha or state election.
  2. These bonds are redeemable in the designated account of a registered political party.
  3. The bonds are available for purchase for a period of ten days each in the months of January, April, July and October only.
Which of the statement(s) given above is/are correct?
1 only
1 and 2 only
2 and 3 only
1, 2 and 3

For explanation Click here

INDIAN ECONOMY      
31 Jan 2022
Question : In which year the Railway Budget was merged with the Union Budget ?
 
2015
2016
2017
2018

For explanation Click here

INDIAN ECONOMY    
16 Jan 2022
Question : Consider the following statements regarding Online Digital Commerce Network (ONDC):
  1. It will give more choice to consumers, who will be able to access a wider pool of sellers through ONDC. 
  2. With more sellers, from kiranas to other retailers and service providers onboard, the e-tailers, who have been enrolling entities, will be able to use the platform to increase choice, transparency and trust of consumers. 
Which of the statements given above is/are correct?

1 only
2 only
Both 1 and 2 
Neither 1 nor 2

For explanation Click here

INDIAN ECONOMY      
01 Jan 2022
Question : Consider the following statements regarding National Beekeeping & Honey Mission (NBHM):
  1. Madhukranti portal for online registration/traceability system for source of Honey & other beehive products have been launched.
  2. A State of the Art honey & other beehive products testing lab at lARl, Pusa, New Delhi has been launched.
  3. AMUL honey has been launched in collaboration with Gujarat Cooperative Milk Marketing Federation Ltd. (GCMMF) and Banaskantha District Cooperative Milk Federation, Gujarat.
Which of the statement/s given above is/are correct?

1 only
1 and 2 only
2 and 3 only
1, 2 and 3

For explanation Click here

INDIAN ECONOMY      
31 Dec 2021
Question :
Consider the following statement regarding the New Development bank.
  1. It was established during the Sixth BRICS Summit in Fortaleza (2014) and members of BRICS can only be the members of the bank.
  2. Every member has voting rights in the proportion of their contribution to the bank.
  3. It is headquartered in Shanghai, China.
Which of the following statements is/are correct?

1 and 2 only
2 and 3 only
3 only
1, 2 and 3

For explanation Click here

INDIAN ECONOMY      
30 Dec 2021
Question :
Consider the following about Foreign Contribution (Regulation) Act (FCRA):
  1. The act is act is implemented by the ministry of home affairs and any contribution above Rs. 25000 requires the approval of the ministry.
  2. Under the Act, organizations receiving foreign funds are required to register themselves every ten years.
Which of the given statements is/are correct?

1 only
2 only
Both 1 and 2
Neither 1 nor 2

For explanation Click here

INDIAN ECONOMY     
25 Oct 2021
Question : Consider the following statements w.r.t. Sovereign Gold Bond Scheme 2021-22 (Series VII) that opened for subscription on 25th October 2021.
  1. The Gold Bonds are sold through Scheduled Commercial banks, Stock Holding Corporation of India Limited (SHCIL), designated post offices, and recognized stock exchanges.
  2. It was launched in November 2015 with an objective to reduce the demand for physical gold and shift a part of the domestic savings
  3. The bonds are restricted for sale to resident individuals, Hindu Undivided Families (HUFs), trusts, universities and charitable institutions.
Which of the above statements are correct?
1 and 2 only
1 and 3 only
2 and 3 only
1, 2, and 3

For explanation Click here

INDIAN ECONOMY  
04 Sep 2021
Question : Which of the following measures can help reduce the current account deficit?
1. Reduction of non-essential imports.
 2. Tight monetary policy
 3. Easing of FDI norms.

Select the correct answer using the code given below
1 and 2 only
3 only
1, 2 and 3
2 and 3 only

For explanation Click here

INDIAN ECONOMY
27 Aug 2021
Question : Which of the following is/are likely to result in the Current account surplus in the Balance of Payments (BoP)?
1. Increase in the remittances received from abroad.
2. Sale of bonds by Reserve Bank of India in the global market.
3. Fall in global oil prices.

Select the correct answer using following codes:
1 and 2 only
2 and 3 only
1 and 3 only
1, 2 and 3

For explanation Click here

INDIAN ECONOMY

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