Static Quiz 29 September 2023
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Static Quiz 29 September 2023 for UPSC Prelims
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- Question 1 of 5
1. Question
Consider the following statements.
1. Issue price of foods grains is the price at which the Food Corporation of India (FCI) procures
foodgrains from the farmer.
2. Commission on Agricultural Costs and Prices (CACP) fixes the issue price of food grains in
India.
Which of the above is/are correct?CorrectCorrect Answer : D
A buffer stock is created by the government to distribute food grains in the
deficit areas and among the poorer strata of society at a price lower than the market price also
known as Issue Price.FCI procures the food grains. It does not decide the issue price. Commission on Agricultural
Costs and Prices (CACP) only recommends prices to the Cabinet Committee on Economic
Affairs (CCEA). It is the CCEA which finally decides the issue price. CACP is not authorized to
fix them.IncorrectCorrect Answer : D
A buffer stock is created by the government to distribute food grains in the
deficit areas and among the poorer strata of society at a price lower than the market price also
known as Issue Price.FCI procures the food grains. It does not decide the issue price. Commission on Agricultural
Costs and Prices (CACP) only recommends prices to the Cabinet Committee on Economic
Affairs (CCEA). It is the CCEA which finally decides the issue price. CACP is not authorized to
fix them. - Question 2 of 5
2. Question
Disguised unemployment most likely results from
CorrectCorrect Answer : C
IncorrectCorrect Answer : C
- Question 3 of 5
3. Question
Special Mention Accounts are seen in news in the context of
CorrectCorrect Answer : C
IncorrectCorrect Answer : C
- Question 4 of 5
4. Question
The distinction between Organised and Unorganized sector in India is primarily based on
CorrectCorrect Answer : D
IncorrectCorrect Answer : D
- Question 5 of 5
5. Question
Which of the following is NOT an example of a trade barrier?
CorrectCorrect Answer : B
IncorrectCorrect Answer : B
