free upsc prelims questions and answers by forumias

Daily Quiz : UPSC Prelims Marathon – January 31


free upsc prelims questions and answers by forumias


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82 responses to “Daily Quiz : UPSC Prelims Marathon – January 31”

  1. Suraj Its Me Avatar
    Suraj Its Me

    Daily Quiz – January 31
    Results
    5 of 6 questions answered correctly

    Your time: 00:04:15

    You have reached 5 of 6 scores, (83.33%)

    Average score 47.99%
    Your score 83.33%

  2. ImBatman Avatar
    ImBatman

    Q3 is absolutely correct

  3. Try one more time! Avatar
    Try one more time!

    4/6

  4. ARPAN TIWARI Avatar
    ARPAN TIWARI

    6 done and all.correct …time taken 1.30 minutes

  5. Hrangkekuala Avatar
    Hrangkekuala

    LOL,i don’t know that,At least you have a great chance to progress against Bayern Munich 🙁

  6. Damn bro, not today. My wounds are still fresh from last night.. 🙁
    I knew we were going to bottle it sooner or later, but Watford at home is tooooo much to take. I’ve been going through this dejavu for 13 years now, infinite loop.

  7. Hrangkekuala Avatar
    Hrangkekuala

    Thank you Arsenal…Enjoy being 4th place every season 🙂

  8. EMPEROR RELOADED Avatar
    EMPEROR RELOADED

    Great

  9. Results
    5 of 6 questions answered correctly

    Your time: 00:02:23

    You have reached 5 of 6 scores, (83.33%)

    Average score 46.98%
    Your score 83.33%
    Categories

    Economy83.33%

  10. Q.4- made a blunder… I took that firm has borrowed domestically at constant rate and then RBI has increased the Interest rate to control inflation so firm will be benefited as it has to pay less.
    just missed 6/6.. hope in future will get 100%..

  11. ok, thanks. thanks for ur reply.

  12. Daily Quiz – January 31
    Results
    6 of 6 questions answered correctly

    Your time: 00:05:27

    You have reached 6 of 6 scores, (100%)

  13. Your logic is flawed here friend. Let me explain with a simple example: Imagine that you borrowed 1000$’s from an external source when the exchange rate was at ‘$1 = Rs.67’. This means that you have borrowed 1000$ at a cost of Rs. 67000. Now, just imagine that rupee depreciates and the new exchange rate is ‘1$=Rs.100’. So now, when you pay back the loan, you will have to pay them in $’s, but instead of paying them Rs. 67000, you will have to pay them 100000, which is a massive loss isn’t it? 🙂

    ATB 🙂

  14. Avinash Avikam Avatar
    Avinash Avikam

    3 is ok, 5 is doubtful

  15. The option never says that the money that has been kept in the house is non taxed. So you should not assume something which is not mentioned, theoretically, with assumptions, any answer can be arrived at to suit one’s point of view. Therefore, always try and answer based on the limited information given.

    ATB 🙂

  16. 6/6 first time

  17. 5/6.

  18. The public sector banks are burdened with the high non-performing assets (NPAs) while some of the corporate houses are also under stress due to sluggish global demand. This has been called the “TBS problem” or “Twin Balance Sheet Syndrome“.

  19. Daily Quiz – January 31

    Results

    3 of 6 questions answered correctly

    Your time: 00:02:05

  20. pushpa rai Avatar
    pushpa rai

    can anyone explain how c is answer for question 6??

  21. Dhananjai Kumar Rai Avatar
    Dhananjai Kumar Rai

    Results
    5 of 6 questions answered correctly

    Your time: 00:03:25

    You have reached 5 of 6 scores, (83.33%)

    Average score 44.68%
    Your score 83.33%

  22. INK-LAAB Avatar
    INK-LAAB

    All current affairs based questions….So the easy ones.!!!

  23. devmitra sen Avatar
    devmitra sen

    5/6

  24. AGAINST_ALL_ODDS Avatar
    AGAINST_ALL_ODDS

    Thank you Sir!

  25. IndianSuperhero Avatar
    IndianSuperhero

    that i knw frend….thanks…
    confusion is with option A

  26. mahi returns Avatar
    mahi returns

    5/6 in economics

  27. Hi i have small doubt about how house hold saving money for emergencies is not part of black money?
    Suppose the basic tax exemption is 2.5 lakh. he/she earned 2.6 lakh from other source, but he showed only 2.5 lakh as income totax authorities, remaining 10k kept for emergencies by avoiding tax. is not it black money?… my opinion is whether it has been declared as income under IT act,1961 or not, based upon the fact only we can tell.

  28. Murinder Nodi Avatar
    Murinder Nodi

    lol meih bhi fail hua hu nursery meih. But woh nursery meih kisi koh detain nahi karte toh I was passed. :p

  29. Murinder Nodi Avatar
    Murinder Nodi

    Thx. very much.Much much appreciated.

  30. caliphofsouth Avatar
    caliphofsouth

    bro! dont get confused between ‘twin deficit’ and ‘twin balance sheet’ problem.
    Both are different.

  31. H________R Avatar
    H________R

    financial problems faced by both corporates-debt and PSBs-npa

  32. Hrangkekuala Avatar
    Hrangkekuala

    3/5

  33. harsh rajpara Avatar
    harsh rajpara

    In Question of most important source for govt. there should be correct spelling like there is difference in both “Corporation tax” and “Corporate tax”

  34. ForumIAS Avatar
    ForumIAS

    Answers to question no. 3 and 5 has been updated.

  35. AGAINST_ALL_ODDS Avatar
    AGAINST_ALL_ODDS

    Results
    4 of 6 questions answered correctly

    Clarification required regarding Q3 & Q5

  36. EMPEROR RELOADED Avatar
    EMPEROR RELOADED

    True friend

  37. CSE2017 aspirant (ABG) Avatar
    CSE2017 aspirant (ABG)

    Corporation tax – profits earned by companies are taxed and it is a kind of DIRECT Tax. ( Directly levied from the company and not from the user of their services or goods)

  38. Hope Dhoni and Dhoni girl ka form barkaraar rahe! 😀

    Thank you Kuptaan and best wishes to you too.

  39. CSE2017 aspirant (ABG) Avatar
    CSE2017 aspirant (ABG)

    Congrats Dhoni girl, bahut dino baad sixer maara tumne.
    Good – keep it up

  40. CSE2017 aspirant (ABG) Avatar
    CSE2017 aspirant (ABG)

    Dohara Tulan patra 🙂

  41. CSE2017 aspirant (ABG) Avatar
    CSE2017 aspirant (ABG)

    economic survey 2017-18 : ye kab aayi ???

  42. Murinder Nodi Avatar
    Murinder Nodi

    Need to look into economic survey . I think. Thx anyways.

  43. Nahi. Uska c hi hai. Last year, Mrunal bhai ke videos se samjha tha twin balance sheet problem hota kya hai asal mein. To aaj to bhai sixer maara hai maine jo bhi bolo 😛 *flies high*

  44. Lara croft Avatar
    Lara croft

    Yes i will definitely try to improve and learn from my mistakes ?

  45. Lara croft Avatar
    Lara croft

    Yes thank u ?

  46. Lara croft Avatar
    Lara croft

    Thanks for the kind words thor ?

  47. its c for 3rd

  48. IndianSuperhero Avatar
    IndianSuperhero

    ans is C for 3rd

  49. Lord Vorminious Avatar
    Lord Vorminious

    Whats wrong with 3?

  50. answers to 3 and 5 need correction i guess @formias

  51. Lord Vorminious Avatar
    Lord Vorminious

    3/6 Pathetic 🙁

    What exactly is Corporation Tax? Isnt it an indirect tax?

  52. Curry Boy Avatar
    Curry Boy

    Sir, the Twin balance sheet problem is causing us problem. Kindly explain the rationale at arriving at the answer.

  53. No…your score will still remain same if you have marked (a) in 3rd questiom.

  54. DesiPanda Avatar
    DesiPanda

    In question 2 just saying that money saved as emergency in house is bit incomplete IMO. As if I say I have saved a crore for emergency is no reason. There should be some upper lumit to validate it, which govt kept 2.5 lakhs. Please clarify.

  55. IndianSuperhero Avatar
    IndianSuperhero

    yaa,,,,last year i solved quizes on this question on forum, insights and iasbaba,,,,only C options .i.e big corporate nd public sector bank balance sheet problm is twin balance sheet issue,,,,

  56. EMPEROR RELOADED Avatar
    EMPEROR RELOADED

    Sorry I also got it wrong
    The answer is C and not A
    i had marked that and got it wrong

  57. DesiPanda Avatar
    DesiPanda

    Haha …. same here … and my nursery teachers said i need to brush up my basic skills. I still wonder what they actually were !! 😀

  58. IndianSuperhero Avatar
    IndianSuperhero

    bhai twin balance sheet ka im sure abt big corporate and public sector bank ka…..but abt first option im nt sure,,,,

  59. Curry Boy Avatar
    Curry Boy

    Great for first day.Learn where you went wrong. And read the relevant theory. Questions were tricky. You did well. Take the same quiz again next week to see whether you remembered what you read.

  60. Q3 I think you have confused Twin Deficit with Twin Balance Sheet. Ans should be (c) IMO
    And Q5 as well

  61. Murinder Nodi Avatar
    Murinder Nodi

    ECONOMIC SURVEY 2016-17 CHAPTER 4 . There was a quiz on IASBABA also on same thing. I dont remember the date.

  62. IndianSuperhero Avatar
    IndianSuperhero

    you will do good…:)

  63. IndianSuperhero Avatar
    IndianSuperhero

    plze give some link or explanation,,,i didnt get…

  64. please clarify :In Q2 Is household saving are not illegal until tax has been payed on it which is not mentioned in the first option

  65. Albatross Avatar
    Albatross

    Okk:)

  66. EMPEROR RELOADED Avatar
    EMPEROR RELOADED

    Right

  67. Albatross Avatar
    Albatross

    Q5 ka answer 1only .. Hoga na ???

  68. EMPEROR RELOADED Avatar
    EMPEROR RELOADED

    The Question on twin balance is correct

  69. THOR nd MJOLNEER Avatar
    THOR nd MJOLNEER

    Me Nursery fail hua tha par aaj P.G. Hu.
    You too will perform better.
    Keep up the good work 🙂

  70. THOR nd MJOLNEER Avatar
    THOR nd MJOLNEER

    Daily Quiz – January 31

    Results
    4 of 6 questions answered correctly

    Your time: 00:03:49

    You have reached 4 of 6 scores, (66.67%)

    Average score 43.84%
    Your score 66.67%
    Categories
    Economy66.67%
    Thanks for attempting the Quiz.

    Technically, I am also at 6/6.
    🙂

  71. Murinder Nodi Avatar
    Murinder Nodi

    Year peih na jaye toh, twin balance sheet ka problem relates ony to – The current account deficit and revenue deficit problem of government
    There was a quiz on IASBABA on this.
    This is my understanding. I dont know if I am right. I am telling according to the quiz.

  72. EMPEROR RELOADED Avatar
    EMPEROR RELOADED

    Same here dost
    I think Chemical locha hai

  73. 5/6
    Is something wrong with the fifth question. Answer and explanation look different to me!

    To technically main apna 6/6 samajh ke khush ho sakti hoon? 😛

  74. IndianSuperhero Avatar
    IndianSuperhero

    yaa for Q5 ans should be A…
    for Q3 also i got confused due to year,,,,

  75. Kumar Harsh Avatar
    Kumar Harsh

    @Forumias Corrections needed for Q3 and Q5

  76. EMPEROR RELOADED Avatar
    EMPEROR RELOADED

    5/6

  77. anurag gupta Avatar
    anurag gupta

    4/6

  78. Lara croft Avatar
    Lara croft

    This is my 1st day on forumias and my score 2/6 ?

  79. Sushil Kaushik Avatar
    Sushil Kaushik

    4 of 6 questions answered correctly

    Your time: 00:04:05

    You have reached 4 of 6 scores, (66.67%)

    Average score 44.31%
    Your score 66.67%
    Categories

    Economy66.67%

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