UPSC Necessities | Every day subject-wise quiz : Financial system MCQs on SME listed entities, Sovereign Gold Bond scheme and extra (Week 89) | UPSC Present Affairs Information

1. These are debt securities issued by the Reserve Financial institution of India (RBI) on behalf of the federal government.

2. Every unit denotes a ten gram of gold.

3. These bonds don’t supply the flexibleness of buying and selling within the secondary market.

Which of the statements given above is/are right?

(a) 1 and a pair of solely

(b) 2 solely

(c) 1 solely

(d) 1 and three solely

Rationalization

— The federal government is contemplating abandoning the sovereign gold bond scheme because of the excessive price of funding. Officers imagine that sovereign gold bonds had been created with the intention of accelerating funding in gold; nonetheless, the current announcement to cut back import duties on gold in Price range 2024-25 is already in accordance with that aim and has contributed to elevated demand for gold.

— The Indian authorities covers its fiscal deficit by a wide range of devices, together with dated securities, the Nationwide Small Financial savings Fund (NSSF), provident funds, and sovereign gold bonds (SGBs).

— SGBs are debt securities issued by the Reserve Financial institution of India (RBI) on behalf of the federal government, with every unit representing one gramme of gold. Therefore, assertion 1 is right and assertion 2 is just not right.

— These bonds enable for secondary market buying and selling, and the rate of interest on SGBs is fastened at 2.5 per cent each year based mostly on the preliminary funding. Therefore, assertion 3 is just not right.

— The quantity of gold for which the investor pays is protected since she or he obtains the present market worth on the time of redemption or early redemption. Curiosity is commonly credited to the investor’s checking account semi-annually, with the final curiosity cost due together with the principal at maturity.

Subsequently, possibility (c) is the proper reply.

QUESTION 2

As regards to the small and medium enterprises (SME) listed entities, take into account the next statements:

1. They’re usually promoter-driven or household enterprise firms.

2. There’s a excessive focus of shareholding amongst a number of promoter or promoter group individuals or entities.

3. Personal fairness traders or subtle traders have an absolute presence.

How lots of the statements given above are right?

(a) Just one

(b) Solely two

(c) All three

(d) None

Rationalization

— The Securities and Alternate Board of India (SEBI) is predicted to revise guidelines governing small and medium-sized companies’ preliminary public choices (IPOs) at its upcoming assembly.

— SME IPOs have elevated in recent times, significantly between 2022 and 2023. Because the inception of SME platforms, FY2023-24 noticed the largest variety of SME public points and SME fundraising, with 196 IPOs coming into the market to boost greater than Rs 6,000 crore.

— SEBI has highlighted that because the variety of SME points has expanded, so has investor involvement in these choices. The applicant-to-allotted investor ratio rose from 4 occasions in FY2022 to 46 occasions in FY2023 and 245 occasions in FY2024.

— SME-listed entities are sometimes promoter-driven or family-owned companies with a concentrated shareholding amongst a small variety of promoters or promoter group people or entities. Therefore, statements 1 and a pair of are right.

— There may be additionally a lack of personal fairness or educated traders in such firms, who function as a test on the promoter’s affect, in response to a current SEBI session paper. Therefore, assertion 3 is just not right.

Subsequently, possibility (b) is the proper reply.

QUESTION 3

Take into account the next statements:

1. It’s the second most vital staple meals which is consumed by greater than half of the inhabitants in India.

2. It’s predominantly grown within the Central and Peninsular components of India.

3. The optimum time for sowing this crop is when the imply each day temperature is between 23±3°C.

4. The Yellow Rust illness impacts this crop.

The above-mentioned statements confer with:

(a) Rice

(b) Wheat

(c) Pulses

(d) Pearl millet

Rationalization

— In November, retail meals inflation fell to 9.04% 12 months on 12 months, down from 10.87% the earlier month.

— Vegetable inflation, which was 42.23% in October and 29.33% in November, is more likely to ease on account of elevated winter season provides, however two main commodities stay a supply of concern.

About Wheat

— Wheat is India’s second most vital staple meals after rice, consumed by 65% of the inhabitants, and its consumption is predicted to rise additional as meals patterns change.

— It’s primarily grown within the Central and Peninsular areas of India.

— It’s cultivated within the Northern Hill Zone (NHZ), North Western Plains Zone (NWPZ), North Jap Plains Zone (NEPZ), Central Zone (CZ), Peninsular Zone (PZ), and Southern Hills Zone (SHZ).

— Wheat must be sown when the common each day temperature is 23±3°C; for optimum tillering, the temperature must be 16-20°C.

— Yellow Rust illness causes yellow streaks of powder or mud to type on wheat leaves and leaf sheaths. When dealt with, this yellow powder stains clothes or fingers. Underneath beneficial circumstances, the illness spreads rapidly and has an affect on crop growth and, finally, manufacturing.

Subsequently, possibility (b) is the proper reply.

(Different Supply: agriculture.vikaspedia.in)

QUESTION 4

The time period “Gross fastened capital formation” (GFCF) is outlined as:

(a) the whole worth of all items and providers produced by a rustic’s residents, whether or not inside the nation or overseas.

(b) the rise in an financial system’s manufacturing of products and providers.

(c) the web accumulation of capital items

(d) the acquisition of produced property (together with second-hand asset purchases), in addition to the manufacturing of such property for private use by producers, with out disposals.

Rationalization

— India’s GDP progress slumped to an nearly two-year low of 5.4% in July-September. In keeping with the Financial Survey, the Indian financial system is predicted to extend 6.5-7% in FY25, whereas the Reserve Financial institution of India predicts GDP progress of 6.6% within the present fiscal 12 months.

— Investments are predicted to be a key financial driver in FY26, as they had been in FY22 and FY24, with Gross Fastened Capital Formation (GFCF), a measure of capital funding within the financial system, projected to rise 7.2% in FY26 from 6.7% in FY25.

— Gross fastened capital formation (GFCF), generally often called “funding,” is outlined because the acquisition of created property (together with the acquisition of used property), in addition to the manufacturing of such property by producers for their very own use, with out disposals.

Subsequently, possibility (d) is the proper reply.

QUESTION 5

Take into account the next flight routes:

1. Mumbai – Delhi

2. Melbourne – Sydney

3. Beijing – Shanghai Hongqiao

4. Jeju Worldwide – Seoul Gimpo

What’s the right sequence (rating) of those busiest flight routes from high to backside?

(a) 4–2–1–3

(b) 1–2–3–4

(c) 1–4–2–3

(d) 2–1–4–3

Rationalization

— OAG, a global aviation and journey information and analytics enterprise, has categorized Mumbai-Delhi, India’s largest flight route, because the ninth busiest home route globally within the 2024 rankings. Inside Asia Pacific, the Mumbai-Delhi route was ranked sixth busiest.

— In keeping with OAG information, the seat capability deployed by airways on the Mumbai-Delhi route in 2024 elevated by 9% over final 12 months to 7.96 million seats. Nonetheless, seat capability on the route in 2024 was nonetheless 3% decrease than in 2019.

— India is the world’s third-largest home aviation market, in addition to one of many quickest increasing main aviation markets on the planet.

— The Jeju Worldwide-Seoul Gimpo route in South Korea, with a seat capability of 14.18 million in 2024, stays Asia Pacific’s and the world’s largest home flight route.

Subsequently, possibility (a) is the proper reply.

Earlier Every day Topic-Sensible-Quiz

Every day Topic-wise quiz — Historical past, Tradition, and Social Points (Week 89)

Every day subject-wise quiz — Polity and Governance (Week 89)

Every day subject-wise quiz —  Science and Expertise (Week 89)

Every day subject-wise quiz — Atmosphere and Geography (Week 89)

Every day subject-wise quiz — Financial system (Week 88)

Every day subject-wise quiz – Worldwide Relations (Week 88)

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