Question 1

What is the policy measure adopted by the Government of India to improve the system of agricultural marketing?

Accepted Answer

The policy measures adopted by the Government of India to improve the agricultural marketing system include: 1. Public Distribution System (PDS), 2. Minimum Support Price (MSP), and 3. Maintenance of buffer stock. Hence, the correct option is 'More than one of the above'. [68TH BPSC PRELIMS EXAM, 2023]

Question 2

Which committee suggested the enactment of the Competition Act, 2002?

Accepted Answer

The SVS Raghavan Committee recommended the enactment of the Competition Act, 2002. On its recommendation, the Monopolies and Restrictive Trade Practices Act, 1969, was repealed and replaced by the Competition Act, 2002. The committee served as a judicial advisory body to statutory authorities. [68TH BPSC PRELIMS EXAM, 2023]

Question 3

Which of the following Five-Year Plans was focused on Human Resource Development?

Accepted Answer

The Eighth Five Year Plan (1992–97) focused on human resource development. Its objectives included controlling population growth, reducing poverty, generating employment, strengthening infrastructure, managing tourism, and modernizing industries. The plan also emphasized decentralization through panchayats and municipalities, targeting a growth rate of 5.6%, with the actual rate being 6.8%. [68TH BPSC PRELIMS EXAM, 2023]

Question 4

Which organization carries out the survey for determining the poverty line?

Accepted Answer

The National Sample Survey Office (NSSO), under the Ministry of Statistics, Government of India, conducts surveys to determine the poverty line. Established in 1950, the NSSO collects comprehensive data on various socio-economic indicators. [68TH BPSC PRELIMS EXAM, 2023]

Question 5

In which Budget did the Finance Minister announce the 'Liberalized Exchange Rate Management System'?

Accepted Answer

The Liberalized Exchange Rate Management System (LERMS) was introduced in March 1992 based on the recommendations of the High-Level Committee on Balance of Payments (C Rangarajan). It included a dual exchange rate as a preliminary step to transition to a market-determined exchange rate system. [68TH BPSC PRELIMS EXAM, 2023]

Question 6

Which of the following were goals of the Five-Year Plans?

Accepted Answer

Five-Year Plans, started by Prime Minister Jawaharlal Nehru in 1951, aimed for: 1. Economic Growth and Development, 2. Modernization, 3. Self-reliance, 4. Equality and Justice, 5. Security and Peace. The Planning Commission (replaced by NITI Aayog in 2015) implemented these plans. [68TH BPSC PRELIMS EXAM, 2023]

Question 7

Which of the following committees submitted a report on gas pricing, recommending complete pricing freedom from January 1, 2026?

Accepted Answer

The Kirit Parikh Committee recommended fixing base and maximum prices for conventional gas fields and suggested complete exemption from pricing restrictions from January 1, 2026. [68TH BPSC PRELIMS EXAM, 2023]

Question 8

Which of the following statements is true about the sugar industry in India?

Accepted Answer

In 2021-22, Maharashtra produced 138 lakh tonnes of sugar, becoming the top producer, while Uttar Pradesh produced 105 lakh tonnes. Uttar Pradesh is the largest ethanol producer, utilizing a significant portion of its sugarcane production. Therefore, both statements 2 and 3 are true. [68TH BPSC PRELIMS EXAM, 2023]

Question 9

Which of the following are the objectives of the SEZ Act, 2005?

Accepted Answer

The Special Economic Zones (SEZ) Act, 2005, enforced in 2006, aimed to: 1. Generate additional economic activity, 2. Promote exports of goods and services, 3. Create employment, 4. Promote domestic and foreign investment, 5. Develop infrastructure. SEZs in India were modeled after China's Aggregate approach, with Asia's first Export Processing Zone established in 1965 at Kandla, Gujarat. [68TH BPSC PRELIMS EXAM, 2023]

Question 10

With reference to the Consumer Disputes Redressal at the district level in India, which one of the following statements is not correct?

Accepted Answer

The District Forum handles complaints where the value of goods or services does not exceed Rs. 50 lakh. The State government can establish multiple forums if required. The Chairman must be a person qualified as a District Judge, with two other members, one being a woman. Therefore, all statements are correct. [68TH BPSC PRELIMS EXAM, 2023]

68th Prelims 2023