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UPSC Essentials brings to you its initiative of subject-wise quizzes. These quizzes are designed to help you revise some of the most important topics from the static part of the syllabus. Each day, we will cover one new subject. Attempt today’s subject quiz on Economy to check your progress. Come back tomorrow to solve the MCQs on Environment, Geography, Science and Technology. Don’t miss checking the answers and explanations at the end of the quiz.
Digital Public Infrastructure (DPI) for agriculture, recently seen in Union Budget 2024, comprises of:
1. AgriStack
2. Krishi-DSS
3. Soil Profile Maps
Select the correct answer using the codes given below:
(a) 1 only
(b) 1 and 2 only
(c) 2 and 3 only
(d) 1, 2 and 3
Explanation
— Union Finance Minister Nirmala Sitharaman on Tuesday announced the implementation of Digital Public Infrastructure (DPI) in agriculture, with farmers across the country and their lands to be covered in three years. Using the DPI, digital crop survey of the ongoing Kharif season will be done in 400 districts, she said.
— Agriculture Ministry officials have been working to roll out different pilot projects under DPI in coordination with the state governments.
— Sources said that DPI for agriculture comprises three broad components – AgriStack, Krishi-DSS, and Soil Profile Maps.
Therefore, option (d) is the correct answer.
Consider the following statements about Solar Power (PM Surya Ghar Muft Bijli Yojana):
1. It is a government scheme that aims to provide free electricity to households in India.
2. The scheme was launched in 2022.
3. Under the scheme, households will be provided with a subsidy cover of 40 per cent to install solar panels on their roofs.
4. The scheme will promote the use of renewable energy.
Which of the statements given above is/are correct?
(a) 1, 2, 3 and 4
(b) 1, 3 and 4 only
(c) 1, 2 and 4 only
(d) 2, 3 and 4 only
Explanation
— PM Surya Ghar: Muft Bijli Yojana is a government project aimed at providing free power to Indian families. Hence, statement 1 is correct.
— Prime Minister Narendra Modi introduced the initiative on February 15, 2024. Hence, statement 2 is not correct.
— The initiative would give homes with a rebate for installing solar panels on their roofs.
— The subsidy will pay for up to 40% of the cost of the solar panels. Hence, statement 3 is correct.
— The plan is anticipated to benefit one crore households in India.
— The scheme will promote the use of renewable energy. It is projected that the initiative will save the government Rs. 75,000 crore per year on electricity bills. Hence, statement 4 is correct.
Therefore, option (b) is the correct answer.
(Other Source: http://www.myscheme.gov.in)
With reference to the Pradhan Mantri Awas Yojana-Urban (PMAY-U), consider the following statements:
1. It aims to provide all weather pucca houses to all individuals in the urban areas of the country through States/UTs/Central Nodal Agencies.
2. The Mission promotes women empowerment by providing the ownership of houses in the name of female members or in joint names.
3. The houses under PMAY-U do not have access to electricity and a kitchen.
Which of the statements given above is/are correct?
(a) 2 only
(b) 1 and 2 only
(c) 1 only
(d) 2 and 3 only
Explanation
— The PM Awas Yojana Urban 2.0 aims to fulfil the housing requirements of 1 crore urban poor and middle-class families through an investment of ₹10 lakh crore.
— Pradhan Mantri Awas Yojana-Urban (PMAY-U), being implemented since June 2015, is one of the major flagship programmes being implemented by the Government of India under the Ministry of Housing and Urban Affairs (MoHUA).
— It aims to provide all weather pucca houses to all eligible beneficiaries in the urban areas of the country through States/UTs/Central Nodal Agencies. Hence, statement 1 is not correct.
— The scheme covers the entire urban area of the country, i.e., all statutory towns as per Census 2011 and towns notified subsequently, including Notified Planning/ Development Areas.
— All houses under PMAY-U have basic amenities like toilets, water supply, electricity and kitchen. Hence, statement 3 is not correct.
— The Mission promotes women empowerment by providing the ownership of houses in the name of female members or in joint names. Preference has also been given to differently abled persons, senior citizens, SCs, STs, OBCs, Minority, single women, transgender and other weaker & vulnerable sections of the society. Hence, statement 2 is correct.
Therefore, option (a) is the correct answer.
(Other Source: pmay-urban.gov.in)
Consider the following statements:
1. Capital revenue consists of the acquisition of assets like land, buildings, machinery, equipment, and investments in shares.
2. Fiscal Deficit is the difference between the Revenue Receipts plus Non-debt Capital Receipts (NDCR) and the total expenditure.
3. Revenue expenditure results in the creation of assets for the Government of India.
How many of the statements given above are correct?
(a) Only one
(b) Only two
(c) All three
(d) None
Explanation
— The revenue budget consists of the government’s revenue receipts (Tax revenues and non-tax revenues) and revenue expenditures. Tax revenues comprise proceeds of taxes and other duties levied by the Union.
— Revenue expenditure is for the normal running of Government Departments and for rendering of various services, making interest payments on debt, meeting subsidies, 11 grants in aid, etc. Broadly, the expenditure which does not result in the creation of assets for the Government of India is treated as revenue expenditure. Hence, statement 3 is not correct.
— Capital receipts and capital expenditures together constitute the Capital Budget. The capital receipts are loans raised by the Government. Capital expenditure consists of the acquisition of assets like land, buildings, machinery, equipment, as well as investments in shares, etc., and loans and advances granted by the Central Government to the State and the Union Territory Governments, Government companies, Corporations, and other parties. Hence, statement 1 is correct.
— Fiscal Deficit is the difference between the Revenue Receipts plus Non-debt Capital Receipts (NDCR) and the total expenditure. In other words, the fiscal deficit is “reflective of the total borrowing requirements of the Government”. Hence, statement 2 is correct.
Therefore, option (b) is the correct answer.
(Source: http://www.indiabudget.gov.in)
Consider the following states and answer the question below:
1. West Bengal
2. Andhra Pradesh
3. Assam
4. Bihar
5. Sikkim
6. Arunachal Pradesh
7. Odisha
Which of the above states are covered under Government of India’s ‘Purvodaya’ plan as announced in Union Budget 2024?
(a) 2, 4, 6 and 7
(b) 1, 2, 4 and 7
(c) 1, 3, 5 and 6
(d) 1, 2, 3, 4, 5, 6 and 7
Explanation
— “The states in the Eastern part of the country are rich in endowments and have strong cultural traditions. We will formulate a plan, Purvodaya, for the all-round development of the eastern region of the country covering Bihar, Jharkhand, West Bengal, Odisha and Andhra Pradesh. This will cover human resource development, infrastructure, and generation of economic opportunities to make the region an engine to attain Viksit Bharat.”
Therefore, option (b) is the correct answer.
(Source: http://www.indiabudget.gov.in)
Daily subject-wise quiz — Polity and Governance (Week 68)
Daily Subject-wise quiz — History, Culture, and Social Issues (Week 67)
Daily subject-wise quiz — Environment, Geography, Science and Technology (Week 67)
Daily subject-wise quiz — Economy (Week 67)
Daily subject-wise quiz – International Relations (Week 67)
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