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MYUPSC IAS Prelims Exam 2020 Mock Test – 8

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upsc ias prelims exam 2020 test series, Civil Services Preliminary Examination Free solved Test.

Practice Mock Test – 8

1. Which of the following banks has been listed as a Domestic Systemically Important Banks (DSIBs) by the Reserve bank of India?

(a) Punjab National Bank

(b) Bank of Baroda

(c) HDFC Bank

(d) IndusInd Bank

2. The Ministry of Consumer Affairs, Food and Public Distribution had launched negotiable warehousing receipts (NWR) in electronic format.

Consider the following in this regard:

1. The depositors are bailee against commodities deposited in warehouses for which documents are issued by warehouses.

2. NWRs can be traded, sold, swapped and used as collateral to support borrowing or loans from banks.

3. It is an important step towards doubling farmers’ income by 2022.

Which of the above statements is/are correct?

(a) 1 only

(b) 2 and 3 only

(c) 1, 2 and 3

(d) None

3. Which of the following statements is/ are correct regarding The National Agricultural Higher Education Project?

1. The project has been formulated by the Ministry of Agriculture & Farmers’ Welfare in partnership with the World Bank.

2. Project Management and Learning is an important component of the project.

3. The project has been launched with 50:50 cost sharing basis with the World Bank.

Select the correct answer using the code given below:

(A) 1 and 2 only

(b) 2 only

(c) 2 and 3 only

(d) 1 and 3 only

4. Bharat 22 is the second ETF (Exchange Traded Fund launched by the Government of India. Consider the following in this regard:

1. ETF’s are more liquid than mutual funds as they can be sold quickly on stock exchanges.

2. Bharat 22 comprises of 22 stocks and is managed by SBI Blue-chip Fund.

3. It gives highest sector wise weightage to energy.

Which of the above statements is/are correct?

(a) 1 only

(b) 1 and 2 only

(c) 2 only

(d) 2 and 3 only

5. Which of the following are the features of the Hydrocarbon Exploration and Licensing Policy (HELP)?

1. Uniform license

2. An open acreage policy

3. Profit sharing model

4. Marketing and pricing freedom

Select the correct answer using the code given below:

(a) 1, 2 and 3 only

(b) Only 1, 2 and 4

(c) Only 1, 3 and 4

(d) 1, 2, 3 and 4

6. Consider the following statements regarding the Pradhan Mantri Vaya Vandana Yojana (PMVVY):

1. It is a pension scheme launched by the Ministry of Social Justice and Empowerment.

2. It is operated by Life Insurance Company in collaboration with the National Insurance Company (NIC).

3. The scheme also offers loan up to 75% of the purchase price after 3 policy years.

Which of the above statements is/are incorrect?

(A) 1 and 2 only

(b) 2 and 3 only

(c) 1 and 3only

(d) 1, 2 and 3

7. Consider the following statements regarding the Jute-ICARE project:

1. It has been launched by the Ministry of Textiles to double the income of jute farmers.

2. A microbial consortium called SONA has been developed by the National Jute Board under Jute-ICARE project.

3. Retting is a process in which jute is placed in liquid so as to promote tightening of the fibres in the woody tissue.

Which of the above statements is/are correct?

(a) 1 only

(b) 1 and 2 only

(c) 2 and 3 only

(d) 1, 2 and 3

8. Administered Price Mechanism (APM) for petrol and diesel was dismantled by the government in 2017. Consider the following statements:

1. In dynamic fuel pricing, the oil retailers fortnightly revise the retail selling prices of petrol and diesel.

2. In India, the dynamic fuel pricing has been introduced for fixing the petrol prices only.

Which of the following statements is/are correct?

(a) 1 only

(b) 2 only

(c) Both 1 and 2

(d) Neither 1 nor 2

9. Which of the following statements is/ are correct regarding the Innovate in India (i3) project?

1. I3 is a flagship program of the Government of India under the National Biopharma Mission.

2. It has been launched by the Union Ministry of Science & Technology in collaboration with World Bank.

Select the correct answer using the code given below:

(a) 1 only

(b) 2 only

(c) Both 1 and 2

(d) Neither 1 nor 2

10. Consider the following statements regarding the Hill Area Development Programme (HADP):

1. The scheme aims to ensure equitable development of every area, tribe and every section in the North Eastern Region.

2. It has been launched by The Ministry for Development of North Eastern Region.

Which of the above statements is/are correct?

(a) 1 only

(b) 2 only

(c) Both 1 and 2

(d) Neither 1 nor 2

11. Which of the following statements is/are correct regarding the National Policy on Marine Fisheries?

1. The policy is in line with the FAO’s Code of Conduct for Responsible Fisheries on conservation, development and management of fisheries.

2. The Policy has proposed chip-based smart registration cards for fishermen and their fishing vessels.

3. It focuses on Species-specific and area specific management plans with spatial and temporal measures for sustainable utilization of resources.

Select the correct answer using the code given below:

(A) 1 and 2 only

(b) 2 and 3 only

(c) 1 and 3 only

(d) 1, 2 and 3

12. With respect to information utilities

(IU), consider the following:

1. It maintains information of all financial contracts in a demat format.

2. National E-Governance Services Limited (NeSL) is India’s first Information Utility.

Which of the above statements is /are Incorrect?

(a) 1 only

(b) 2 only

(c) Both 1 and 2

(d) Neither 1 nor 2

13. Which of the following committees has recommended an overhaul of corporate governance norms for listed firms?

(a) Bimal Julka Committee

(b) Vasudev Committee

(c) Tarapore Committee

(d) Uday Kotak Committee

14. Which of the following statements is correct regarding the Peer-to Peer lending (P2P)?

1. Peer-to Peer lending allows a business to sell its invoices at a discount to a pool of individual or institutional investors for cash.

2. P2P platforms are now treated as non banking financial companies (NBFCs) and thus regulated by Securities and Exchange Board of India.

Select the correct answer using the code given below:

(a) 1 only

(b) 2 only

(c) Both 1 and 2

(d) Neither 1 nor 2

15. With reference to ‘Non Banking Financial Company (NBFC), consider the following statements:

1. NBFC is engaged in loans and advances, industrial activity, the sale, purchase or construction of immovable property.

2. NBFC is a company registered under the Companies Act, 1956 of India.

3. The Reserve Bank of India (RBI) launched the Ombudsman Scheme for Non Banking Financial Companies (NBFC).

Which of the statements given above are correct?

(A) 1 and 2 only

(b) 2 and 3 only

(c) 1 and 3 only

(d) 1, 2 and 3

16. Various activities to promote best practices and enhance agriculture income being undertaken under Krishi Kalyan Abhiyan are

1. Distribution of Soil Health Cards to all farmers

2. Artificial insemination saturation

3. Demonstration programmes on Micro-irrigation

Which of the statements given above are correct?

(A) 1 and 2 only

(b) 2 and 3 only

(c) 1 and 3 only

(d) 1, 2 and 3

17. ‘Project Sashakt ‘has been launched is

(a) Personality development programme through social (or community) service

(b) Comprehensive medical care facilities to Central Government employees and their family members.

(c) One-time cash incentive to pregnant women for institutional/home births through skilled assistance.

(d) A scheme that aims to strengthen the credit capacity, credit culture and credit portfolio of public sector banks.

18. India’s first ‘freight village’ will be developed by

(a) The Inland Waterways Authority of India

(b) The National Highways Authority of India

(c) The State government of Gujarat

(d) National Bank for Agriculture and Rural

Development

19. With reference to the Municipal Bonds in India, which of the following statements is/are incorrect?

1. The market for municipal bonds in India is almost non-existent unlike US and many developing countries.

2. Thiruvananthapuram Municipal Corporation was the first urban local body in India to issue tax-free municipal bonds.

3. RBI has mandated guarantee from the State Government or Central Government for issuing such bond.

Select the correct answer using the code given below.

 (a) 2 only

(b) 1 and 3 only

(c) 2 and 3 only

(d) 1, 2 and 3

20. With reference to special economic zone (SEZ) in India, consider the following statements:

1. India’s SEZ Policy was implemented from 1991.

2. The Baba Kalyani led committee was constituted to study the existing SEZ policy of India.

3. There is absence of clear exit mechanism for the SEZ developers in India.

Which of the statements given above are correct?

(A) 1 and 2 only

(b) 1 and 3 only

(c) 2 and 3 only

(d) 1, 2 and 3

Answer

Q. 1 (c)

Q. 2 (b)

Q. 3 (c)

Q. 4 (a)

Q. 5 (b)

Q. 6 (a)

Q. 7 (a)

Q. 8 (d)

Q. 9 (c)

Q. 10 (c)

Q. 11 (d)

Q. 12 (d)

Q. 13 (d)

Q. 14 (d)

Q. 15 (b)

Q. 16 (d)

Q. 17 (d)

Q. 18 (a)

Q. 19 (c)

Q. 20 (c)

Must Read Books for UPSC Civil Services Examination

UPSC Civil Services Preliminary Exam 2020 Complete Study Material GS Paper-1

UPSC IAS Mains General Studies Paper 1,2,3,4 Book PDF Download

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