Question 1

In the fiscal year 2018-19, the total foreign exchange reserves are

Accepted Answer

The total foreign exchange reserves of India stood at Rs 28,55,882 crore in the fiscal year 2018-19. Foreign exchange reserves include foreign currency assets, gold reserves, Special Drawing Rights (SDRs), and reserves with the IMF. These reserves are crucial for managing exchange rates and ensuring the country's external stability. [65TH BPSC PRELIMS EXAM, 2019]

Question 2

Which one of the following is not a source of direct finance?

Accepted Answer

NABARD (National Bank for Agriculture and Rural Development) is primarily a refinancing institution and provides indirect finance rather than direct finance. Direct finance involves financial institutions that provide loans directly to borrowers, such as commercial banks and regional rural banks. [65TH BPSC PRELIMS EXAM, 2019]

Question 3

What is the full form of EPCG?

Accepted Answer

EPCG stands for 'Export Promotion Capital Goods'. It is a scheme that allows import of capital goods at zero customs duty for exporters. These capital goods are used in the production of goods intended for export, including machinery and spare parts. The scheme aims to boost manufacturing and exports. [65TH BPSC PRELIMS EXAM, 2019]

Question 4

In Pradhan Mantri Shram Yogi Maan-dhan Scheme, each subscriber shall receive the minimum assured pension per month after attaining the age of 60 years

Accepted Answer

Under the Pradhan Mantri Shram Yogi Maan-Dhan Yojana, every subscriber is entitled to a minimum monthly pension of Rs 3000 after reaching 60 years of age. The scheme was launched in February 2019 to provide social security and pension benefits to unorganized sector workers. [65TH BPSC PRELIMS EXAM, 2019]

Question 5

Who determines the Minimum Support Price?

Accepted Answer

The Commission for Agricultural Costs and Prices (CACP) determines the Minimum Support Price (MSP) in India. The Central Government announces it based on CACP recommendations. The MSP is provided for 22 mandated crops to ensure farmers receive a fair and remunerative price for their produce, including sugarcane. [65TH BPSC PRELIMS EXAM, 2019]

Question 6

Hindu Growth rate is related to

Accepted Answer

The Hindu Growth Rate refers to the slow growth rate of India's GDP between 1950 and 1980. The term was coined by Prof. Raj Krishna, highlighting the stagnant economic growth during that period due to low industrial and agricultural productivity. [65TH BPSC PRELIMS EXAM, 2019]

Question 7

Which one of the following programmes was initiated during the Sixth Five Year plan?

Accepted Answer

The Integrated Rural Development Program (IRDP) was launched during the Sixth Five Year Plan. Its main objective was to improve economic conditions in rural areas by alleviating poverty and reducing unemployment, providing employment and sustainable income opportunities for rural households. [65TH BPSC PRELIMS EXAM, 2019]

Question 8

Antyodaya Programme was started first of all in the state of

Accepted Answer

The Antyodaya program was first implemented in Rajasthan in 1977. Its aim is to benefit the poorest sections of society by providing targeted assistance and welfare support, focusing on improving living conditions and reducing poverty. [65TH BPSC PRELIMS EXAM, 2019]

Question 9

India’s share in meat and meat preparation exports in the year 2017 was

Accepted Answer

In 2017, India's share in global meat and meat products exports was approximately 5 percent. This indicates the contribution of Indian meat exports to the global market and highlights the potential of the livestock and meat sector for economic growth. [65TH BPSC PRELIMS EXAM, 2019]

65th Prelims 2019