Daily MCQs – Day 17 – 2nd August 2017 – Solutions

These MCQs are based on Today’s Targets given here 


 

Q.1) Consider the following statements:
1. The eight core industries comprise 60% of the weight of items included in the Index of Industrial Production (IIP)
2. The current base year of IIP is 2011-2012

Choose the correct statements from the option given below:

a) 1 only
b) 2 only
c) Both 1 and 2
d) Neither 1 nor 2

Ans. B

Explanation:

  • The eight core industries comprise 40.27% of the weight of items included in the Index of Industrial Production (IIP).
  • The current base year is 2011-2012

Read More: http://www.ias4sure.com/wikiias/prelims/index-of-industrial-production-iip/

 

Q.2) Consider the following statements:
1. NHB Residex is a set of benchmarks that aims to track housing price indicators across Indian cities
2. NHB Residex is designed by a technical advisory committee comprising Government representatives, lenders and property market player

Choose the correct statements from the option given below:

a) 1 only
b) 2 only
c) Both 1 and 2
d) Neither 1 nor 2

Ans. C

Explanation:

  • It is a set of benchmarks that aims to track housing price indicators across Indian cities.
  • It is designed by a technical advisory committee comprising Government representatives, lenders and property market player.

Read More: http://www.ias4sure.com/wikiias/prelims/national-housing-bank-nhb/

 

Q.3) Consider the following statements about Petroleum and Explosives Safety Organisation (PESO):
1. PESO controls and administers manufacture, storage, transport and handling of explosives, petroleum, compressed gases and other hazardous substances in India.
2. PESO functions under Ministry of Fertilisers.

Choose the correct statements from the option given below:

a) 1 only
b) 2 only
c) Both 1 and 2
d) Neither 1 nor 2

Ans. A

Explanation:

  • PESO is the apex department to control and administer manufacture, storage, transport and handling of explosives, petroleum, compressed gases and other hazardous substances in India.
  • It functions under the Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce and Industry.

Read More: http://www.ias4sure.com/wikiias/prelims/petroleum-and-explosives-safety-organisation-peso/

 

Q.4) Arrange following peaks in decreasing order of their height:
1. Mount Everest
2. Kanchenjunga
3. Makalu
4. Lhotse

Choose the correct code:

a) 1, 2, 3, 4
b) 1, 2, 4, 3
c) 1, 3, 2, 4
d) 1, 4, 2, 3

Ans. B

Explanation:

https://en.wikipedia.org/wiki/List_of_Himalayan_peaks_and_passes

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