Daily MCQs – Day 71 – 25th September 2017 – Solutions

These MCQs are based on Today’s Targets given here 


Q.1) Consider the following statements about Pradhan Mantri LPG Panchayat scheme:

1. Scheme aims to distribute LPG connections among rural areas where conventional fuel is used for domestic purposes.
2. Scheme is being implemented by Ministry of Petroleum and Natural Gas

Select the correct answer using the code given below:

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

Ans. C

Explanation:

Both the statements are correct.

Read More: http://www.ias4sure.com/wikiias/prelims/pradhan-mantri-lpg-panchayat-scheme/

 

Q.2) Consider the following statements about Pandit Deen Dayal Upadhayay Vigyan Gram Sankul Pariyojana:

1. Scheme aims to formulate and implement appropriate S&T interventions for sustainable development through cluster approach.
2. Scheme is to be implemented across entire nation in priority areas.

Select the correct answer using the code given below:

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

Ans. A

Explanation:

Scheme is to be implemented in Uttarakhand only.

Read more: http://www.ias4sure.com/wikiias/prelims/pandit-deen-dayal-upadhayay-vigyan-gram-sankul-pariyojana/

 

Q.3) Consider the following statements about Masala Bonds:

1. The Masala bond refers to a bond through which Indian entities can raise money from foreign markets in any currency.
2. These bonds are usually traded on a foreign exchange like the LSE and not in India

Select the correct answer using the code given below:

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

Ans. B

Explanation:

Masala Bonds are rupee-denominated bonds.

Read more: http://www.ias4sure.com/wikiias/prelims/masala-bonds/

 

Q.4) What does ‘Capital goods industry’ refer to:

a) Consumer goods producing industries.
b) Textiles producing industries.
c) Machine tools producing industries.
d) Food processing industries.

Ans. C

Explanation: Capital goods industry means industries which can produce machine tools which are, in turn, used for producing articles for current consumption.
Source: NCERT, 11TH Class: Indian Economic Development, Chapter 1, Page 7.

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