Concept Application and Fact for Prelims Day-52

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This is the Day-52 questions of the CAF Revision plan for prelims. The questions are based on the syllabus as provided in the schedule. Aspirants are requested to go through the detailed CAF strategy to understand the need of the UPSC prelims and to prepare well for the same. Attempt the questions honestly. The link to key answers and explanations of this test is at the end of the questions. The maximum time to attempt the 18 questions is 25 minutes.


Q.1) The balance of trade of a country is a systematic record of

(a) all import and export transactions of a country during a given period of time, normally a year

(b) goods exported from a country during a year

(c) economic transaction between the government of one country to another

(d) capital movements from one country to another


Q.2) Which of the following constitute Capital Account?

  1. Foreign Loans
  2. Foreign Direct Investment
  3. Private Remittances
  4. NRI deposits

Select the correct answer using the codes given below.

(a) 1, 2 and 3

(b) 1, 2 and 4

(c) 2, 3 and 4

(d) 1, 3 and 4


Q.3) Recently, which one of the following currencies has been added to the basket of IMF’s SDR?

(a) Ruble

(b) Rand

(c) Indian Rupee

(d) Renminbi


Q.4) With reference to the International Monetary and Financial Committee (IMFC), consider the following statements:

  1. IMFC discusses matters of concern affecting the global economy, and advises the International Monetary Fund (IMF) on the direction of its work.
  2. The World Bank participates as observer in IMFC’s meetings.

Which of the statements given above is/are correct?

(a) 1 only

(b) 2 only

(c) Both 1 and 2

(d) Neither 1 nor 2


Q.5) Which of the following has/have occurred in India after its liberalization of economic policies in 1991?

  1. Share of agriculture in GDP decreased.
  2. Share of India’s exports in world trade increased.
  3. FDI inflows increased.
  4. External debt increased gradually.

Select the correct answer using the codes given below:

(a) 1 and 4 only

(b) 2, 3 and 4 only

(c) 2 and 3 only

(d) 1, 2, 3 and 4


Q.6) Consider the following statements about Consultative Group on International Agricultural Research.

  1. CGIAR is a global research partnership for a food-secure future.
  2. Its research is carried out by 15 CGIAR centers in close collaboration with hundreds of partners, including state and non-state organisations.

Which of the above statements is/are correct?

(a) 1 only

(b) 2 only

(c) Both 1 and 2

(d) None


Q.7) The Global Infrastructure Facility is a/an

(a) ASEAN initiative to upgrade infrastructure in Asia and financed by credit from the Asian Development Bank.

(b) World Bank collaboration that facilitates the preparation and structuring of complex infrastructure Public-Private Partnerships (PPPs) to enable mobilization of private sector and institutional investor capital.

(c) Collaboration among the major banks of the world working with the OECD and focused on expanding the set of infrastructure projects that have the potential to mobilize private investment.

(d) UNCTAD funded initiative that seeks to finance and facilitate infrastructure development in the world.


Q.8) With respect to ‘National Investment and Infrastructure Fund’, consider the following statements.

Which of the above statements is/are correct?

(a) 1 only

(b) 2 only

(c) Both 1 and 2

(d) None


Q.9) With respect to ‘e-RaKAM’, consider the following statements.

  1. It is a digital platform portal enables farmers to sell their agricultural products through auction across the country.
  2. The portal is a joint initiative by state-run-auctioneer MSTC and Central Warehousing Corporation arm CRWC.

Which of the above statements is/are correct?

(a) 1 only

(b) 2 only

(c) Both 1 and 2

(d) None


Q.10) Consider the following statements about ‘E-Pashudhan Haat Portal’.

  1. It is launched under the National Dairy Development Board.
  2. It connects breeders and farmers of indigenous breeds.

Which of the above statements is/are correct?

(a) 1 only

(b) 2 only

(c) Both 1 and 2

(d) None


Q.11) NABH Nirman initiative recently launched by Government of India is related to

(a) Urban Housing

(b) Airports

(c) Railway Stations

(d) Hospitals


Q.12) With respect to ‘SmartE’ which of the following statements are correct?

  1. It is launched by Ministry of Road, Transport and Highways.
  2. SmartE is committed to realizing the vision of making India a 100% electric vehicle nation by 2030.

Which of the above statements is/are correct?

(a) 1 only

(b) 2 only

(c) Both 1 and 2

(d) None


Q.13) Consider the following statements about National Commission for Safai Karmacharis (NCSK).

  1. NCSK is a statutory body.
  2. The commission is also monitoring the implementation of The Prohibition of Employment as Manual Scavengers and Their Rehabilitation Act, 2013.

Which of the above statements is/are correct?

(a) 1 only

(b) 2 only

(c) Both 1 and 2

(d) None


Q.14) ‘SAMADHAN PORTAL’ recently launched by Union Government is a

(a) One stop destination for the schemes related Left Wing Affected areas of the country.

(b) It is a dedicated web portal for conciliation, arbitration and adjudication of the industrial disputes.

(c) It is a dedicated platform for the grievance redressal of women working in unorganised sector

(d) It is a single platform for the all schemes related to senior citizens.


Q.15) With respect to ‘INSTEX SAS’ which if often in news which of the following is/are correct?

(a) It is the India’s second International Finance Tec-City after GIFT City.

(b) It is a dedicated stock market trading company for the MSME shares.

(c) It is indigenously developed vaccine for Hepatitis Viruses.

(d) It is a Special Purpose Vehicle aimed at facilitating legitimate trade between European economic operators and Iran.


Q.16) Women’s Global Development and Prosperity (W-GDP) is an initiative by

(a) World Economic Forum

(b) World Bank

(c) UN Women

(d) White House, USA


Q.17) With respect to Light Combat Aircraft (LCA) Tejas, Consider the following statements.

  1. It is the first indigenously built fighter aircraft designed by Aeronautical Development Agency.
  2. It is single-seat multi-role jet fighter, powered by single engine and can also carry out mid-air refuelling.

Which of the above statements is/are correct?

(a) 1 only

(b) 2 only

(c) Both 1 and 2

(d) None


Q.18) Inclusive Internet Index 2019 is released by

(a) The Economist Intelligence Unit

(b) World Economic Forum

(c) World Bank

(d) International Telecom Union


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