Static Quiz 20 May 2024
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Static Quiz 20 May 2024 for UPSC Prelims
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- Question 1 of 5
1. Question
Which of the following is not released by Labour Bureau in the Ministry of Labour?
CorrectCorrect Answer : D
IncorrectCorrect Answer : D
- Question 2 of 5
2. Question
Which of the following are causes of inflation?
1. Mis-match between demand and supply
2. Extra purchasing power to the consumer
3. Increase in factor input costs
Which of the statements given above are correct?CorrectCorrect Answer : D
IncorrectCorrect Answer : D
- Question 3 of 5
3. Question
Consider the following statements regarding Boom cycle
1. A strong upward fluctuation in the economic activities is called boom.
2. In boom cycle, the economy heats up and a demand supply lag is visible.
Which of the statements given above is/are correct?CorrectCorrect Answer : C
All the above statements are correct.IncorrectCorrect Answer : C
All the above statements are correct. - Question 4 of 5
4. Question
Consider the following statements regarding India Infrastructure Project Development Fund (IIPDF)
1. The IIPDF would assist up to 100% of the project development expenses.
2. The assistance provided will include expenses incurred by the Sponsoring Authority on its own
staff.
Which of the statements given above is/are correct?CorrectCorrect Answer : D
The IIPDF would assist ordinarily up to 75% of the project development expenses. Hence, statement 1 is
incorrect.The IIPDF will be available to the Sponsoring Authorities for PPP projects for the purpose of
meeting the project development costs which may include the expenses incurred by the
Sponsoring Authority in respect of feasibility studies, environment impact studies, financial
structuring, legal reviews and development of project documentation, including concession
agreement, commercial assessment studies (including traffic studies, demand assessment,
capacity to pay assessment), grading of projects etc. required for achieving Technical Close of
such projects, on individual or turnkey basis, but would not include expenses incurred by
the Sponsoring Authority on its own staff. Hence, statement 2 is incorrect.IncorrectCorrect Answer : D
The IIPDF would assist ordinarily up to 75% of the project development expenses. Hence, statement 1 is
incorrect.The IIPDF will be available to the Sponsoring Authorities for PPP projects for the purpose of
meeting the project development costs which may include the expenses incurred by the
Sponsoring Authority in respect of feasibility studies, environment impact studies, financial
structuring, legal reviews and development of project documentation, including concession
agreement, commercial assessment studies (including traffic studies, demand assessment,
capacity to pay assessment), grading of projects etc. required for achieving Technical Close of
such projects, on individual or turnkey basis, but would not include expenses incurred by
the Sponsoring Authority on its own staff. Hence, statement 2 is incorrect. - Question 5 of 5
5. Question
Consider the following statements regarding SIDBI
1. It acts as the Principal Financial Institution for Promotion, Financing and Development of the
Micro, Small and Medium Enterprise (MSME) sector.
2. It is a non-statutory body created by a resolution of Ministry of Finance in 1990.
Which of the statements given above is/are correct?CorrectCorrect Answer : A
Small Industries Development Bank of India (SIDBI) set up on 2nd April 1990 under
an Act of Indian Parliament, acts as the Principal Financial Institution for Promotion,
Financing and Development of the Micro, Small and Medium Enterprise (MSME)
sector as well as for co-ordination of functions of institutions engaged in similar
activities. Hence, statement 2 is incorrect.IncorrectCorrect Answer : A
Small Industries Development Bank of India (SIDBI) set up on 2nd April 1990 under
an Act of Indian Parliament, acts as the Principal Financial Institution for Promotion,
Financing and Development of the Micro, Small and Medium Enterprise (MSME)
sector as well as for co-ordination of functions of institutions engaged in similar
activities. Hence, statement 2 is incorrect.
