Static Quiz 07 February 2023
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Static Quiz 07 February 2023 for UPSC Prelims
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- Question 1 of 5
1. Question
Consider the following statements:
1. Purchasing Managers’ Index (PMI) is an indicator of business activity for both in the manufacturing
and services sectors.
2. A score above 50 denotes expansion in business activity and below 50 denotes contraction.
3. The PMI is compiled by Reserve bank of India.
Which of the statements given above is/are correct?CorrectAnswer: C
PMI is compiled by IHS Markit for more than 40 economies worldwide. IHS Markit is a global leader in
information, analytics and solutions for the major industries and markets that drive economies
worldwide. IHS Markit is part of S&P Global India Manufacturing Purchasing Managers’ Index
(PMI). Hence statement 3 is not correct.IncorrectAnswer: C
PMI is compiled by IHS Markit for more than 40 economies worldwide. IHS Markit is a global leader in
information, analytics and solutions for the major industries and markets that drive economies
worldwide. IHS Markit is part of S&P Global India Manufacturing Purchasing Managers’ Index
(PMI). Hence statement 3 is not correct. - Question 2 of 5
2. Question
Consider the following statements with reference to Swiss challenge method of Public Private Partnership (PPP) Model:
1. Private investors can submit proposals for infrastructure development without an invitation from the government.
2. The initial proponent has right of refusal and counter-match any superior offers given by the third party.
3. The Vijay Kelkar panel had recommended this model for future PPP projects.
Which of the statements given above are correct?CorrectAnswer: A
The Vijay Kelkar panel on “Revisiting and Revitalising the PPP model of infrastructure
development” had discouraged the government from following the model. Hence statement 3 is
not correct.IncorrectAnswer: A
The Vijay Kelkar panel on “Revisiting and Revitalising the PPP model of infrastructure
development” had discouraged the government from following the model. Hence statement 3 is
not correct. - Question 3 of 5
3. Question
Which of the following statements best describes the Reserve Tranche Position of an economy?
CorrectAnswer: D
IncorrectAnswer: D
- Question 4 of 5
4. Question
With reference to Foreign Portfolio Investment (FPI), consider the following statements:
1. It is regulated by the Reserve Bank of India.
2. It was harmonized by the merger of the Foreign Institutional Investor (‘FII’) and
Qualified Foreign Investor (‘QFI’) mode of investment.
3. FPIs can invest in Government Securities in India.
Which of the statements given above are correct?CorrectAnswer: B
Regulated by SEBI, the FPI regime is a route for foreign investment in India. Hence statement 1 is not
correct.IncorrectAnswer: B
Regulated by SEBI, the FPI regime is a route for foreign investment in India. Hence statement 1 is not
correct. - Question 5 of 5
5. Question
Consider the following statements regarding growth in Gross Value Added (GVA) in Industry in the last decade:
1. Manufacturing has largest presence within the industrial sector.
2. The share of electricity has been showing an increasing trend since last five years.
Which of the statements given above is/are correct?CorrectAnswer: C
IncorrectAnswer: C
