(IGP) CSAT Paper - I : Economy - MCQ - 4

1. Consider the following statements.
A. The Oil Pool Account of Government of India was dismantled with effect from 1, April 2002
B. Subsidies on PDS kerosene and domestic LPG are borne byConsolidated Fund of India
C. An expert committee headed by Dr R.A. Mashelkar to formulate a national auto fuel  policy recommended that Bharat State-II Emission Norms should be applied throughout the country by 1 April 2004. Which of the statements given above are correct?
(a) A and B
(b) B and C
(c) A and C
(d) A, B, and C

2. Consider the following statements. The objectives of the National Renewal Fund set up in February 1992 were
A. to give training and counselling for workers affected by retrenchment or VRS.
B. redeployment of workers
Which of these statements is/are correct?
(a) neither A nor B
(b) both A and B
(c) A only
(d) B only

3. Consider the following statements.
A. The loans disbursed to farmers under Kisan Credit Card Scheme are covered under Rashtiya Krishi Bema Yojna of Life Insurance Corporation of India
B. The Kisan Credit Card holders are provided personal accident insurance of Rs 50, 000 for accidental death and Rs 25,000 for permanent disability
Which of the statements given above is/are correct?
(a) A only
(b) B only
(c) both A and B
(d) Neither A nor B

4. Consider the following statements.
A. there is persistent investment over time only in select locals
B. some areas are agro-climatically less conducive to development
C. some areas continue to face little or no agrarian transformation and the consequent lack of social and economic opportunities
D. some areas have faced continuous political instability
Which of the above statements are correct?
(a) A, B, and C
(b) A, B, and D
(c) A, C, and D
(d) B, C, and D

5. Consider the following statements.
A. National Thermal Power Corporation has diversified into hydropower sector
B. Power Grid Corporation of India has diversified in telecom sector
Which of the statements given above is/are correct?
(a) A only
(b) B only
(c) both A and B
(d) neither A nor B

Answers