Static Quiz 22 February 2025 (Indian Schemes)
Quiz-summary
0 of 4 questions completed
Questions:
- 1
- 2
- 3
- 4
Information
Static Quiz 22 February 2025 (Indian Schemes) For UPSC Exam
You have already completed the quiz before. Hence you can not start it again.
Quiz is loading...
You must sign in or sign up to start the quiz.
You have to finish following quiz, to start this quiz:
Results
0 of 4 questions answered correctly
Your time:
Time has elapsed
You have reached 0 of 0 points, (0)
Categories
- Not categorized 0%
- 1
- 2
- 3
- 4
- Answered
- Review
- Question 1 of 4
1. Question
Which among the following are identified as the seven priorities (Saptarishi) of the ‘Amrit Kaal’ strategy of India?
1. Reaching the Last Mile
2. Youth Power
3. Infrastructure and Investment
4. Unleashing the Potential
5. Green Growth
Select the correct answer using the code given below:CorrectAnswer: (d) 1, 2, 3, 4 and 5
Explanation:
The Union Budget 2023-24 outlined the Saptarishi priorities for India’s Amrit Kaal (2022-2047):
• Inclusive Development (includes Reaching the Last Mile): Focus on vulnerable sections and last-mile delivery.
• Reaching the Last Mile: Improve infrastructure and services for marginalized areas.
• Infrastructure and Investment: Enhance economic growth through infrastructure development.
• Unleashing the Potential: Promote innovation and economic opportunities.
• Green Growth: Focus on environmental sustainability and clean energy.
• Youth Power: Empower youth through skill development.
• Financial Sector: Strengthen financial systems for inclusive growth.
All five options listed are included under the seven priorities.IncorrectAnswer: (d) 1, 2, 3, 4 and 5
Explanation:
The Union Budget 2023-24 outlined the Saptarishi priorities for India’s Amrit Kaal (2022-2047):
• Inclusive Development (includes Reaching the Last Mile): Focus on vulnerable sections and last-mile delivery.
• Reaching the Last Mile: Improve infrastructure and services for marginalized areas.
• Infrastructure and Investment: Enhance economic growth through infrastructure development.
• Unleashing the Potential: Promote innovation and economic opportunities.
• Green Growth: Focus on environmental sustainability and clean energy.
• Youth Power: Empower youth through skill development.
• Financial Sector: Strengthen financial systems for inclusive growth.
All five options listed are included under the seven priorities. - Question 2 of 4
2. Question
With reference to the PM Vishwakarma, consider the following:
1. To provide modern tools, free credit, and skill training to all artisans and craftspeople who work with their hands and tools.
2. A person who has availed the PM SVANidhi loans is not eligible to apply for this scheme.
3. This is a central sector scheme launched by the Ministry of Micro, Small, and Medium Enterprises.
Which of the statements given above is/are correct?CorrectAnswer: (d) 1 and 3 only
Explanation:
• Statement 1: Correct – The scheme provides modern tools, free credit (up to ₹1 lakh at concessional rates), and skill training to artisans and craftspeople.
• Statement 2: Incorrect – Beneficiaries of PM SVANidhi loans are not barred from applying under PM Vishwakarma.
• Statement 3: Correct – It is a Central Sector Scheme implemented by the Ministry of Micro, Small, and Medium Enterprises (MSME).IncorrectAnswer: (d) 1 and 3 only
Explanation:
• Statement 1: Correct – The scheme provides modern tools, free credit (up to ₹1 lakh at concessional rates), and skill training to artisans and craftspeople.
• Statement 2: Incorrect – Beneficiaries of PM SVANidhi loans are not barred from applying under PM Vishwakarma.
• Statement 3: Correct – It is a Central Sector Scheme implemented by the Ministry of Micro, Small, and Medium Enterprises (MSME). - Question 3 of 4
3. Question
Which among the following is not included in the layers of India Stack?
CorrectAnswer: (b) The Transport layer
Explanation:
India Stack is a comprehensive digital infrastructure comprising the following layers:
• Identity Layer: Digital identity through Aadhaar.
• Payments Layer: Seamless digital payments via UPI, BHIM.
• Data Layer: Secure access to documents (DigiLocker, Account Aggregators).
• Consent Layer: Enables secure data sharing with user consent.
The Transport Layer is not part of India Stack.IncorrectAnswer: (b) The Transport layer
Explanation:
India Stack is a comprehensive digital infrastructure comprising the following layers:
• Identity Layer: Digital identity through Aadhaar.
• Payments Layer: Seamless digital payments via UPI, BHIM.
• Data Layer: Secure access to documents (DigiLocker, Account Aggregators).
• Consent Layer: Enables secure data sharing with user consent.
The Transport Layer is not part of India Stack. - Question 4 of 4
4. Question
Consider the following statements:
1. The direct tax collections have increased more than threefold in the last decade.
2. The average processing time for income tax returns has decreased over the last decade.
Which of the above statements is/are correct?CorrectAnswer: (c) Both 1 and 2
Explanation:
• Statement 1: Correct – Direct tax collections have more than tripled over the past decade, indicating improved compliance and economic growth.
• Statement 2: Correct – The average processing time for ITRs has significantly reduced from 93 days (FY 2013-14) to 10 days (FY 2022-23) under the new FASTER refund system.IncorrectAnswer: (c) Both 1 and 2
Explanation:
• Statement 1: Correct – Direct tax collections have more than tripled over the past decade, indicating improved compliance and economic growth.
• Statement 2: Correct – The average processing time for ITRs has significantly reduced from 93 days (FY 2013-14) to 10 days (FY 2022-23) under the new FASTER refund system.
