Daily Prelim Quiz 5th July 2019

1. Which of the following brings out the ‘Index of Industrial Production’?


2. Which of the following statements is/are correct?
1. Countervailing Duties are imposed in order to counter the negative impact of export subsidies to protect domestic producers.
2. An anti-dumping duty is a protectionist tariff that a domestic government imposes on foreign imports that it believes are priced below fair market value.
Select the correct answer using the code given below.


3. What is the purpose of the General Anti Avoidance Rule (GAAR) arrangement that is to kick start from the 1st April 2017 in India?


4. With reference to the Soil Health Card (SHC), consider the following statements:
1. Using a grid-wise approach, representative soil samples from the fields are tested for nutrient content in designated chemical laboratories.
2. Both macro and micro nutrients needed by the soil are identified and translated into specific, measured quantities of fertilisers required.
Which of the statements given above is/are correct?


5. With reference to ‘Long Term Irrigation Fund’ as part of Pradhan Mantri Krishi Sinchayee, consider the following statements: 1. Ministry of Agriculture and NABARD signed an agreement to operationalise the Long Term Irrigation Fund.
2. It would be raised by way of budgetary resources and market borrowings to fund fast tracking of implementation of incomplete irrigation projects.
Which of the statements given above is/are correct?


6. With reference to Public Distribution System (PDS), consider the following statements:
1. For Public Distribution System, FCI has assumed the responsibility for procurement, storage, transportation and bulk allocation of food grains to the State Governments.
2. Foodgrains are issued by the FCI to the States at a uniform Central Issue Price (CIP).
Which of the statements given above is/are correct?


7. Consider the following types of irrigation:
1. Drip Irrigation
2. Furrow Irrigation
3. Check basin irrigation
4. Sprinkler Irrigation
Which of these are considered as micro-irrigation?


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