Question 1

Which one of the following is not an objective of food management in India?

Accepted Answer

The objective of food management in India is to ensure physical, social, and economic access to sufficient, safe, and nutritious food for all persons at all times. Key functions include distribution of food grains, procurement of food grains, and maintaining buffer stock. Exporting food grains is not considered an objective of food management. [66TH BPSC PRELIMS EXAM, 2020]

Question 2

Revenue deficit in India implies that

Accepted Answer

Revenue deficit occurs when the government's total revenue expenditure exceeds its revenue receipts. In such cases, the government needs to borrow to finance expenditures that do not create capital assets. Borrowing in this scenario does not result in addition to productive assets. [66TH BPSC PRELIMS EXAM, 2020]

Question 3

Which of the following infrastructure sectors of India is related with Bharatmala Projects?

Accepted Answer

The Bharatmala program is a flagship initiative of the Ministry of Road Transport and Highways, launched in 2017-18. It focuses on the development of National Highways, including new highway projects and completion of ongoing ones. It is exclusively related to road infrastructure. [66TH BPSC PRELIMS EXAM, 2020]

Question 4

Which of the following agencies releases the Index of Industrial Production to measure Industrial performance in India?

Accepted Answer

The Central Statistics Office (CSO) is responsible for compiling and releasing the Index of Industrial Production (IIP), national accounts, annual survey of industries, economic census, and Consumer Price Index. [66TH BPSC PRELIMS EXAM, 2020]

Question 5

Which of the following countries was India’s top trading partner in 2019-20?

Accepted Answer

In 2019-20, the United States of America was India's top trading partner. Bilateral trade between India and the USA stood at USD 88.75 billion. Other major trading partners included China, UAE, and Saudi Arabia. [66TH BPSC PRELIMS EXAM, 2020]

Question 6

According to the Ease of Doing Business Report, 2020, India improved its rank from

Accepted Answer

The Ease of Doing Business Index, released by the World Bank, ranked India 63rd in 2020, an improvement from 77th in 2019. This reflects the government's reforms to improve business regulations, simplify compliance, and enhance investor confidence. [66TH BPSC PRELIMS EXAM, 2020]

Question 7

To improve the institutional agricultural credit flow, what credit target for 2020-21 was fixed in the Union Budget of India?

Accepted Answer

The Union Budget of India set a credit target of Rs 15 lakh crore for 2020-21 to increase institutional agricultural credit flow. This helps farmers access timely and adequate credit for agricultural activities. [66TH BPSC PRELIMS EXAM, 2020]

Question 8

The objective of PM-KUSUM scheme is

Accepted Answer

The PM-KUSUM (Kisan Urja Suraksha evam Utthaan Mahabhiyan) scheme, launched in Budget 2018-19, aims to operate diesel/electric irrigation pumps using solar energy. It reduces farmers' dependence on diesel, kerosene, and electricity, ensuring sustainable energy for irrigation and enhancing energy security. [66TH BPSC PRELIMS EXAM, 2020]

Question 9

The Government of India announced a new scheme “NIRVIK” in the Budget for 2020-21. Which sector of the economy benefits from this scheme?

Accepted Answer

The NIRVIK (Niryat Rin Vikas Yojana) Export Credit Development Scheme was launched in the Union Budget 2020-21 to provide higher insurance coverage to exporters and reduce premiums for small exporters. Its primary objective is to boost export credit disbursement and support the export sector. [66TH BPSC PRELIMS EXAM, 2020]

66th Prelims 2020