Current Affairs MCQ for UPSC Exams – 28 October 2015

:: Business ::

1. Consider the following statements about ease of doing business list

1. India was ranked 142 by the World Bank in 2015 on ease of doing business and later its rank was revised to 134 based on a new methodology
2. According to the new report, it takes 29 days to start a business in India now; it took 127 days in 2004.

Which of the above statements is/are true

1.only 1
2.only 2
3.both 1 & 2
4.neither 1 nor 2

2. Consider the following statements

1. India regained its top position from China as the biggest overall consumer of gold
2. In India, jewellery consumption increased by 5% year-on-year to an estimated 193 tonnes in Q3 2015, the highest quarterly

Which of the above statements is/are true

1.only 1
2.only 2
3.both 1 & 2
4.neither 1 nor 2

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