3rd August MCQ

1. Kerala, which slipped to the eighth slot in holding Assembly sittings during the first wave of the COVID-19 pandemic in 2020, returned to the top spot in 2021, with its House sitting for 61 days, the highest in the country.

2. Between 2016 and 2019, Kerala remained at the top with an average of 53 days.

Which of the statements given above is/are correct?Deselect Answer

1. The price rise which is the result of increase in the production cost is known as cost-push inflation.
2. Even if the price of one good has gone up, it is considered as inflation.
3. A mismatch between demand and supply can lead to inflation.

1. It was launched two years ago under the ambitious Aatmanirbhar Bharat Package as a dedicated Central Government scheme that provides medium-long term credit facility for investment in creation of post-harvest management infrastructure and community farming assets.

2. This facility comes with financial support by way of three per cent Interest subvention from Government and credit guarantee by CGTMSE fee up to two crore rupees.

Which of the statements given above is/are correct?Deselect Answer

1. 1. The Government of India has proposed amendments in the Cantonments Act, 2006 by incorporating provisions for imparting, inter-alia, greater democratisation to Cantonment Boards including direct election of Vice-President.
   
   2. This will provide uniformity in local governance and greater ease of living for citizens in the process.
   
   Which of the statements given above is/are correct?

1. There are four squadrons of MiG-21 Bison aircraft currently in service in the IAF with each squadron comprising 16-18 aircraft, including two trainer versions.

2. MiG-21 Bison will be phased out of IAF by 2025.

Which of the statements given above is/are correct?Deselect Answer