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Indian Economy Test
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India Yearbook Level 13
Read Instructions for the test.
Negative marks are -0.33 per wrong answer
Right answer is 1 mark
No time limit but finish in 30 mins
Solution can be found at below chapters:
Test series is based on following chapters.
India Yearbook Chapter 3: ENERGY
Q1: Urja Sangam
Biggest global hydrocarbon meet organised in New Delhi
to show India’s potential in the hydrocarbon sector to the world
create an investor-friendly atmosphere here.
Q2: Climate Change commitments at 21st COP - Paris
India has taken a voluntary commitment of reducing emission intensity of its GDP by 33-35 per cent from 2005 levels by 2030.
India committed to achieve about 40 per cent cumulative electric power installed capacity from nonfossil fuel based energy resources by 2030.
Q3: Highest potential for solar power
Q4: Highest potential for wind power
Q5:model solar cities.
Mysore and Gandhinagar
Q6:GRIHA rating system
Rating government building according to energy efficient solar/green parameters.
solar plants on rooftops
Q7:Coral Reef Sites in India
Gujarat - Gulf of Kutch
Tamil Nadu - Gulf of Mannar
Andaman & Nicobar - Andaman and Nicobar Coral Reef
Q8: Which is true ?
The Indian reef area is estimated to be 2,383.87 sq km
The mangroves cover in the country is 4,740 sq.km
Q9: Committee for Purpose of Control & Supervision of Experiments on Animals
Statutory body under Prevention of Creulty of Animals Act.
Created to to take all such measures as may be necessary to ensure that animals are not subjected to unnecessary pain or suffering on performance of experiments on them
Q10: National Air Quality Index (AQI)
Six categories of danger levels are there.
Eight Polutants i.e., sulphur, dioxide, nitrogen dioxide, lead, ozone, PM10, PM2.5 carbon monoxide and ammonia are monitored in selected cities.
Q11: World Wetland Day is celebrated on
Global Learning and Observation to Benefit the Environment
international environmental science and education programme that brings students, teachers and scientists together to study the global environment.
Q13: National Adaptation Fund for Climate Change
The fund is meant to assist activities to meet the cost of adaptation measures in areas that are vulnerable to the adverse effects of climate change.
National Bank for Agriculture and Rural Development (NABARD) as National Implementing Entity (NIE).
Q14: Global Environment Facility
India is a founding member of GEF and it was instrumental in setting up this fund in 1991.
The full-sized (> USD 2 m), medium-sized (up to USD 2 m) and small grants (exclusively for NGOs/CBOs up) are given.
The GEF grants are available for biodiversity, climate change, land degradation, international water, chemicals and waste
Q15: Dept responsible for preparation and presentation of Union Budget to the Parliament and the budget for the state governments under President’s Rule and union territory administrations.
Q16: Dept of Economic Affairs
advises the government on all matters like prices, credit, fiscal and monetary policy and investment regulations.)
formulating and executing policies and programmes relating to designs/ security feature of bank notes and coins and issue of commemorative coins
Q17: Highest weightage in IIP is to
Q18: India’s foreign exchange reserves comprise
foreign currency assets (FCAs)
Q19: India Infrastructure Finance Company Limited (IIFCL)
To fund infrastructure projects through Long Term Debt, Refinance to Banks and Financial Institutions for loans granted by them, with term exceeding 10 years.
To give long term, stable financing for the projects and good returns on investment for consumers.
Q20: Which is true ?
India is a founder member of the International Monetary Fund
World bank has rated India as one of the top rated institutions when it comes to PPP readiness.
Q21: Securities Appellate Tribunal
Chairman and 2 members appointed by central government for 5 year term.
Can be reappointed by chairman can't exceed 68 years in age and members 62 years.
Appeals can be made against orders of SEBI, IRDA and PFRDA.
Q22: International Monetary Fund
was established to promote a cooperative and stable global monetary framework
Finance minister is a member of the Board of Governors of the IMF and RBI Governor is the ex-officio Alternate Governor at the board of IMF
Q23: India is the founding member of the
International finance corporation
BRICS (New Development Bank)
Asian infrastructure and investment bank.
Q24: Asian Development Bank
India is a founding member.
HQ- Manila, Phillipines.
Indian finance minister is the member of the board of governors and Secretary of Dept of Economic Affairs is the alternate governor.
Q25: Asian Development Bank focuses on
engaged in promoting economic and social progress of its developing member countries
overcome Balance of payment crisis
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