1. Consider the following statements:

Statement I: Interest income from the deposits of Infrastructure Investment Trusts(InvITs) distributed to their investors is exempted from tax, but the dividend is taxable.

Statement II: InvITs are recognized as borrowers under the ‘Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002’.

Which one of the following is correct in respect of the above statements?

1. Both Statement I and Statement II are correct and Statement II is the correct explanation for Statement I
2. Both Statement I and Statement II are correct and Statement II is not the correct explanation for Statement I
3. Statement I is correct but Statement II is incorrect
4. Statement I is incorrect but Statement II is correct

2. Consider the following statements:

Statement I: In the post-pandemic recent past, many Central Banks worldwide had carried out omterest rate hikes.

Statement II: Central Banks generally assume that they have the ability to counteract the rising consumer prices via monetary policy.

Which one of the following is correct in respect of the above statements?

1. Both Statement I and Statement II are correct and Statement II is the correct explanation for Statement I
2. Both Statement I and Statement II are correct and Statement II is not the correct explanation for Statement I
3. Statement I is correct but Statement II is incorrect
4. Statement I is incorrect but Statement II is correct

3. Consider the following markets:

1. Government Bond Market
2. Call Money Market
3. Treasury Bill Market
4. Stock Market

How many of the above are included in capital markets?

1. Only one
2. Only two
3. Only three
4. All four

4. Consider the following statements with reference to India:

1. According to the ‘Micro, Small and Medium Enterprises Development (MSMED) Act, 2006’, the ‘medium enterprises’ are those wih Investments in plant and machinery between Rs. 15 crore and Rs. 25 crore.
2. All bank loans to the Micro, Small and Medium Enterprises qualify under the priority sector.

Which of the statements given above is/are correct?

1. 1 only
2. 2 only
3. Both 1 and 2
4. Neither 1 nor 2

5. With reference to the Central Bank digital currencies, consider the following statements:

1. It is possible to make payments in a digital currency without using US dollar or SWIFT system.
2. A digital currency can be distributed with a condition programmed into it such as time-frame for spending it.

Which of the statements given above is/are correct?

1. 1 only
2. 2 only
3. Both 1 and 2
4. Neither 1 nor 2

6. In the context of finace, the term ‘beta’, refers to

1. the process of simultaneous buying and selling of an asset from different platform.
2. an Investment strategy of a portfolio manager to balance risk versus reward.
3. a type of systemic risk that arises where perfect hedging is not possible.
4. a numeric value that measures the fluctuations of a stock to changes in the overall stock market.

7. Consider the following statements:

1. The Self-Help Group (SHG) Programme was originally initiated by the State Bank of India by providing microcredit to the financial deprived.
2. In an SHG, all members of a group take responsibility for a loan that an individual member takes.
3. The Regional Rural Banks and Scheduled Commercial Banks support SHGs

How many of the above statements are correct?

1. Only one
2. Only two
3. All three
4. None

8. Consider the following:

1. Demographic performance
2. Forest and ecology
3. Governance reforms
4. Stable Government
5. Tax and fiscal efforts

For the horizontal tax devolution, the Fifteenth Finance Commission used how many of the above as criteria other than population area and income distance?

1. Only two
2. Only three
3. Only four
4. All five

9. Which one of the following activities of the Reserve Bank of India is considered to be part of ‘sterilization’?

1. Conducting “Open Market Operations”
2. Oversight of settlement and payment systems
3. Debt and cash management for the Central and State Governments
4. Regulating the functions of Non-banking Financial Institutions

10. Consider the following pairs:

How many of the above pairs are correctly matched?

1. Only one pair
2. Only two pairs
3. All three pairs
4. None of the pairs

11. Consider the following infrastructure sectors:

1. Affordable housing
2. Mass rapid transport
3. Health care
4. Renewable energy

On how many of the above does UNOPS Sustaianble investments in Infrastructure and Innovation(S3i) initiative focus for its investments?

1. Only one
2. Only two
3. Only three
4. All four

12. Consider the following statements in relation to Janani Suraksha Yojna:

1. It is a safe motherhood intervention of the State Health Departments.
2. Its objective is to reduce maternal and neonatal mortality among poor pregnant women.
3. It aims to promote institutional delivery among poor pregnant women.
4. Its objective includes providing public health facilities to sick infants up to one year of age.

How many of the statements given above are correct?

1. Only one
2. Only two
3. Only three
4. All four

13. Consider the following statements in the context of interventions being undertaken under Anaemia Mukt Bharat Strategy:

1. It provides prophylactic calcium supplementation for pre-school children, adolescents and pregnant women.
2. It runs a campaign for delayed cord clamping at the time of child- birth.
3. It provides for periodic deworming to children and adolescents.
4. It addresses non-nutritional causes of anaemia in endemic pockets with special focus on malaria, hemoglobinopathies and fluorosis.

How many of the statements given above are correct?

1. Only one
2. Only two
3. Only three
4. All four

14. Consider the following statements:

Statement I: According to the United Nations World Water Development Report, 2022, India extracts more than a quarter of the world’s groundwater withdrawal each year.

Statement II: India needs to extract more than a quarter of the world’s groundwater each year to satisfy the drinking water and sanitation needs of almost 18% of world’s population living in its territory.

Which one of the following is correct in respect of the above statements?

1. Both Statement I and Statement II are correct and Statement II is the correct explanation for Statement I
2. Both Statement I and Statement II are correct and Statement II is not the correct explanation for Statement I
3. Statement I is correct but Statement II is incorrect
4. Statement I is incorrect but Statement II is correct

15. Which one of the following best describes the concept of ‘Small Farmer Large Field’?

1. Resettlement of a large number of people, uprooted from their countries due to war, by giving them a large cultivable land which they cultivate collectively and share the produce
2. Many marginal farmers in an area organize themselves into groups and synchronize and harmonize selected agricultural operations
3. Many marginal farmers in an area together make a contract with a corporate body and surrender their land to the corporate body for a fixed term for which the corporate body makes a payment of agreed amount to the farmers
4. A company extends loans, technical knowledge and material inputs to a number of small farmers in an area so that they produce the agricultural commodity required by the company for its manufacturing process and commercial production

16. Consider the following statements?

1. The Government of India provides Minimum Support Price for niger (Guizotia abussinical) seeds.
2. Niger is cultivated as a Kharif crop.
3. Some tribal people in India use niger seed oil for cooking.

How many of the above statements are correct?

1. Only one
2. Only two
3. All three
4. None

17. Consider the following statements:

1. India has more arable area than China.
2. The proportion of irrigated area is more in India as compared to China.
3. The average productivity per hectare in Indian agriculture is higher than that in China.

How many of the above statements are correct?

1. Only one
2. Only two
3. All three
4. None

18. Consider the following statements:

Statement I: Switzerland is one of the leading exporters of gold in terms of value.

Statement II: Switzerland has the second largest gold reserves in the world.

Which one of the following is correct in respect of the above statements?

1. Both Statement I and Statement II are correct and Statement II is the correct explanation for Statement I
2. Both Statement I and Statement II are correct and Statement II is not the correct explanation for Statement I
3. Statement I is correct but Statement II is incorrect
4. Statement I is incorrect but Statement II is correct

19. Consider the following statements:

Statement I: Recently, the United States of America (USA) and the European Union (EU) have launched the Trade and Technology Council.

Statement II: The USA and the EU claim that through this they are trying to bring technological progress and physical productivity under their control.

Which one of the following is correct in respect of the above statements?

1. Both Statement I and Statement II are correct and Statement II is the correct explanation for Statement I
2. Both Statement I and Statement II are correct and Statement II is not the correct explanation for Statement I
3. Statement I is correct but Statement II is incorrect
4. Statement I is incorrect but Statement II is correct

20. Consider the following statements:

Statement I: India accounts for 32% of global export of goods.

Statement II: Many local companies and some foreign companies operating in India have taken advantage of India’s Production-linked Incentive’ scheme.

Which one of the following is correct in respect of the above statements?

1. Both Statement I and Statement II are correct and Statement II is the correct explanation for Statement I
2. Both Statement I and Statement II are correct and Statement II is not the correct explanation for Statement I
3. Statement I is correct but Statement II is incorrect
4. Statement I is incorrect but Statement II is correct

21. With reference to India’s projects on connectivity, consider the following statements:

1. East-West Corridor under Golden Quadrilateral Project connects Dibrugarh and Surat.
2. Trilateral Highway connects Moreh in Manipur and Chiang Mai in Thailand via Myanmar.
3. Bangladesh- China- India- Myanmar Economic Corridor connects Varanasi in Uttar Pradesh with Kunming in China.

How many of the above statements are correct?

1. Only one
2. Only two
3. All three
4. None

22. Consider the following statements:
The Stability and Growth Pact of the European Union is a treaty that

1. limits the levels of the budgetary deficit of the countries of the European Union
2. makes the countries of the European Union to share their infrastructure facilities
3. enables the countries of the European Union to share their technologies

How many of the above statements are correct?

1. Only one
2. Only two
3. All three
4. None

23. Consider the investments in the following assets:

1. Brand recognition
2. Inventory
3. Intellectual property
4. Mailing list of clients

How many of the above are considered intangible investments?

1. Only one
2. Only two
3. Only three
4. All four

Statement I: India, despite having Uranium deposits, depends on coal for most of its electricity production.

Statement II: Uranium, enriched to the extent of at least 60%, is required for the production of electricity.

Which one of the following is correct in respect of the above statements?

1. Both Statement I and Statement II are correct and Statement II is the correct explanation for Statement I
2. Both Statement I and Statement II are correct and Statement II is not the correct explanation for Statement I
3. Statement I is correct but Statement II is incorrect
4. Statement I is incorrect but Statement II is correct