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Harpreet
  • 5
Poll
HarpreetBeginner
Asked: 2 months agoIn: ,
  • 5

Consider the following:Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  ...Read more

economicshorizontal tax devolutionpollquestionupsc pre 2023
  1. Shefali
    Shefali Beginner
    This answer was edited.

    The correct answer is Only three. For horizontal tax devolution, the Fifteenth Finance Commission used the following criteria in addition to population, area, and income distance: Demographic performance: Yes, this was used as a criterion. Forest and ecology: Yes, this was used as a criterion. GoverRead more

    The correct answer is Only three. For horizontal tax devolution, the Fifteenth Finance Commission used the following criteria in addition to population, area, and income distance:

    1. Demographic performance: Yes, this was used as a criterion.
    2. Forest and ecology: Yes, this was used as a criterion.
    3. Governance reforms: No, this was not a criterion used by the Finance Commission.
    4. Stable government: No, this was not a criterion used by the Finance Commission.
    5. Tax and fiscal efforts: Yes, this was used as a criterion.

    Thus, three of the given criteria (Demographic performance, Forest and ecology, Tax and fiscal efforts) were used.

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Pankaj Gupta
  • 5
Poll
Pankaj GuptaExplorer
Asked: 2 months agoIn: ,
  • 5

Consider the investments in the following assets:Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  ...Read more

economicsinvestmentspollquestionupsc pre 2023
  1. Pankaj Gupta
    Pankaj Gupta Explorer
    This answer was edited.

    Let's examine each asset: Brand recognition: This is considered an intangible asset. It represents the value associated with a brand's reputation and customer awareness, but it has no physical presence. Inventory: This is not considered an intangible asset. Inventory refers to the goods a company hoRead more

    Let’s examine each asset:

    1. Brand recognition: This is considered an intangible asset. It represents the value associated with a brand’s reputation and customer awareness, but it has no physical presence.
    2. Inventory: This is not considered an intangible asset. Inventory refers to the goods a company holds for sale and is a physical, tangible asset.
    3. Intellectual property: This is an intangible asset. Intellectual property includes patents, copyrights, trademarks, etc., which are valuable but non-physical in nature.
    4. Mailing list of clients: This is also considered an intangible asset. While it may exist in a physical form (as a database), the value lies in the relationships and potential business it can generate, making it intangible.

    Thus, three of the four are intangible investments. The correct answer is Only three.

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Pankaj Gupta
  • 5
Poll
Pankaj GuptaExplorer
Asked: 2 months agoIn: , ,
  • 5

Consider the following statements:Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  ...Read more

agricultureeconomicsniger (guizotia abyssinica)pollquestionupsc pre 2023
  1. Pankaj Gupta
    Pankaj Gupta Explorer
    This answer was edited.

    Let's break down the statements: The Government of India provides Minimum Support Price for niger (Guizotia abyssinica) seeds: This is correct. Niger seeds are one of the crops for which the Government of India declares a Minimum Support Price (MSP) to support farmers. Niger is cultivated as a KhariRead more

    Let’s break down the statements:

    1. The Government of India provides Minimum Support Price for niger (Guizotia abyssinica) seeds: This is correct. Niger seeds are one of the crops for which the Government of India declares a Minimum Support Price (MSP) to support farmers.
    2. Niger is cultivated as a Kharif crop: This is correct. Niger (Guizotia abyssinica) is typically grown as a Kharif crop, particularly in rain-fed areas of India.
    3. Some tribal people in India use niger seed oil for cooking: This is correct. Niger seed oil is used for cooking, especially among some tribal communities in India due to its nutritional and medicinal properties.

    Thus, all three statements are correct. Therefore, the correct answer is All three.

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Harpreet
  • 5
Poll
HarpreetBeginner
Asked: 2 months agoIn: ,
  • 5

Consider the following infrastructure sectors:Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  ...Read more

economicspollquestionunops s3i initiative investmentupsc pre 2023
  1. Shefali
    Shefali Beginner
    This answer was edited.

    The correct answer is Only three. The UNOPS Sustainable Investments in Infrastructure and Innovation (S3i) initiative focuses on the following sectors for its investments: Affordable housing: Yes, it is a focus area. Mass rapid transport: No, it is not mentioned as a focus area. Health care: Yes, itRead more

    The correct answer is Only three. The UNOPS Sustainable Investments in Infrastructure and Innovation (S3i) initiative focuses on the following sectors for its investments:

    1. Affordable housing: Yes, it is a focus area.
    2. Mass rapid transport: No, it is not mentioned as a focus area.
    3. Health care: Yes, it is a focus area (referred to as “Health Infrastructure”).
    4. Renewable energy: Yes, it is a focus area.

    Therefore, only three of the mentioned sectors are focused on by the S3i initiative.

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Pankaj Gupta
  • 5
Poll
Pankaj GuptaExplorer
Asked: 2 months agoIn: , ,
  • 5

Which one of the following best describes the concept of ‘Small Farmer Large Field?Β  Β  Β  Β  Β  Β  Β  Β  [2023]

agricultureeconomicspollquestionsmall farmer large fieldupsc pre 2023
  1. Pankaj Gupta
    Pankaj Gupta Explorer
    This answer was edited.

    The concept of 'Small Farmer Large Field' involves small and marginal farmers coming together to coordinate their farming practices, often synchronizing key operations like sowing, irrigation, and harvesting to achieve economies of scale. While they retain individual ownership of their land, this coRead more

    The concept of ‘Small Farmer Large Field’ involves small and marginal farmers coming together to coordinate their farming practices, often synchronizing key operations like sowing, irrigation, and harvesting to achieve economies of scale. While they retain individual ownership of their land, this collective approach helps them gain the benefits typically associated with larger-scale farming, such as improved efficiency, better access to resources, and reduced costs. The correct answer is Many marginal farmers in an area organize themselves into groups and synchronize and harmonize selected agricultural operations.

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Pankaj Gupta
  • 6
Pankaj GuptaExplorer
Asked: 3 months agoIn:
  • 6

What is the concept of scarcity, and how does it relate to economics?

concept of scarcityeconomicsquestion
  1. Pankaj Gupta
    Pankaj Gupta Explorer

    Scarcity is a fundamental concept in economics that arises because resources are limited while human wants are virtually unlimited. This imbalance forces individuals, businesses, and governments to make choices about how to allocate resources efficiently. Scarcity drives the need for trade-offs andRead more

    Scarcity is a fundamental concept in economics that arises because resources are limited while human wants are virtually unlimited. This imbalance forces individuals, businesses, and governments to make choices about how to allocate resources efficiently. Scarcity drives the need for trade-offs and prioritization, which are central themes in economics. Economists study how these decisions are made and the resulting impact on production, distribution, and consumption.

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Pankaj Gupta
  • 5
Poll
Pankaj GuptaExplorer
Asked: 2 months agoIn: ,
  • 5

Consider the following markets:Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  ...Read more

economicsmarketspollquestionupsc pre 2023
  1. Pankaj Gupta
    Pankaj Gupta Explorer
    This answer was edited.

    The capital markets typically include financial markets where long-term debt (bonds) or equity-backed securities (stocks) are bought and sold. Let's analyze the given options: Government Bond Market: This is part of the capital market as it deals with long-term securities (bonds). Call Money Market:Read more

    The capital markets typically include financial markets where long-term debt (bonds) or equity-backed securities (stocks) are bought and sold. Let’s analyze the given options:

    1. Government Bond Market: This is part of the capital market as it deals with long-term securities (bonds).
    2. Call Money Market: This is part of the money market, not the capital market, as it deals with very short-term funds (usually overnight loans).
    3. Treasury Bill Markets: Treasury bills are short-term debt instruments, which are part of the money market, not the capital market.
    4. Stock Market: This is part of the capital market as it involves trading equity-backed securities.

    Therefore, only two of the above markets, the Government Bond Market and the Stock Market, are included in capital markets. The correct answer is Only two.

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Pankaj Gupta
  • 4
Poll
Pankaj GuptaExplorer
Asked: 2 months agoIn: ,
  • 4

Consider the following statements:Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  ...Read more

economicspollquestionupsc pre 2023
  1. Pankaj Gupta
    Pankaj Gupta Explorer
    This answer was edited.

    In the recent post-pandemic period, central banks worldwide have raised interest rates to combat inflation, which surged due to heightened fiscal spending during COVID-19 and supply chain issues stemming from the Russia-Ukraine conflict. Therefore, Statement 1 is accurate. The central banks' decisioRead more

    In the recent post-pandemic period, central banks worldwide have raised interest rates to combat inflation, which surged due to heightened fiscal spending during COVID-19 and supply chain issues stemming from the Russia-Ukraine conflict. Therefore, Statement 1 is accurate.

    The central banks’ decision to increase interest rates aims to raise borrowing costs, leading to a reduction in money supply and, consequently, a decrease in inflation rates. Thus, Statement 2 is also valid.

    The rise in interest rates in advanced economies, particularly in the U.S., has negatively impacted the Indian economy, resulting in increased net Foreign Portfolio Investment (FPI) outflows, significant depreciation of the Rupee, declines in foreign exchange reserves, and rising yield rates. This negative impact on the Indian economy is commonly referred to as “Taper Tantrums.” Consequently, this question was posed within this context.

    Therefore, the correct answer is Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-I.

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Pankaj Gupta
  • 5
Poll
Pankaj GuptaExplorer
Asked: 2 months agoIn: ,
  • 5

Which one of the following activities of the Reserve Bank of India is considered to be part of ‘sterilization?Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  ...Read more

economicspollquestionreserve bank of indiaupsc pre 2023
  1. Pankaj Gupta
    Pankaj Gupta Explorer
    This answer was edited.

    Sterilization refers to actions taken by the central bank (in this case, the Reserve Bank of India) to manage the impact of foreign capital flows on the domestic money supply. Open Market Operations (OMOs) are one such tool where the central bank buys or sells government securities in the open markeRead more

    Sterilization refers to actions taken by the central bank (in this case, the Reserve Bank of India) to manage the impact of foreign capital flows on the domestic money supply. Open Market Operations (OMOs) are one such tool where the central bank buys or sells government securities in the open market to influence liquidity and control inflation or currency appreciation/depreciation. This process helps in managing the domestic monetary base without affecting other macroeconomic variables. Therefore, the correct answer is Conducting ‘Open Market Operations’.

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Pankaj Gupta
  • 6
Poll
Pankaj GuptaExplorer
Asked: 2 months agoIn: ,
  • 6

Consider the following statements: Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  Β  ...Read more

economicspollquestionupsc pre 2023
  1. Pankaj Gupta
    Pankaj Gupta Explorer
    This answer was edited.

    Infrastructure Investment Trusts (InVITs) gather funds from investors, which are subsequently directed into infrastructure projects. As pooled investment vehicles, they function similarly to mutual funds. However, while mutual funds predominantly invest in stocks and bonds, InVITs focus on infrastruRead more

    Infrastructure Investment Trusts (InVITs) gather funds from investors, which are subsequently directed into infrastructure projects. As pooled investment vehicles, they function similarly to mutual funds. However, while mutual funds predominantly invest in stocks and bonds, InVITs focus on infrastructure-related ventures. The returns generated by InVITs are distributed to investors through four primary methods: interest on capital, dividends, rental income, and repayment of capital. Previously, interest, dividends, and rental income earned by unit holders were taxable, but repayment of capital was exempt from tax. However, the Finance Act of 2023 introduced a provision to tax certain portions of capital repayment in specific cases, making Statement 1 incorrect. Additionally, the Finance Act of 2021 amended the SARFAESI Act of 2002 to recognize pooled investment vehicles, including REITs and InVITs, as borrowers under the Act, making Statement 2 correct.

    Therefore, the correct answer is Statement-I is incorrect but Statement-II is correct.

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