Economy Quiz: Indian Economy – India & IMF and other International Institutions – 15 December 2021

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Dear Friends,

We are posting prelims marathon MCQs for today. In this initiative, you can attempt 10 subjective MCQs on a daily basis. For schedule, refer to the archive link given below.

For Prelims marathon archiveclick here 
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Marking Pattern

Correct Answer : 2

Wrong Answer : -0.66

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Lost Soul
Lost Soul
3 years ago

In case of IMF : The current quota formula is a weighted average of GDP (weight of 50 percent), openness (30 percent), economic variability (15 percent), and international reserves (5 percent).
*Green box subsidy : This is a very wide box and includes all government subsidies like—public storage for food security, pest and disease control, research and extension, and some direct payments to farmers that do not stimulate production like restructuring of agriculture, environmental protection, regional development, crop and income insurance, etc.
*The term “World Bank” refers only to IBRD and IDA.
*At the 10th Ministerial Conference of the WTO (Nairobi, December 2015), the Government of India adopted the following approach towards agri-trade policy:
A Special Safeguard Mechanism (SSM) for developing countries.
Public stockholding food for security purposes,
A commitment to abolish export subsidies for farm exports, and measures related to cotton.

Lost Soul
Lost Soul
3 years ago
Reply to  Lost Soul

Your Score Card
Total Number of Questions : 10
Total Not Attempted Questions : 0
Total Correct : 8
Total Wrong : 2
You have scored
14.68 / 20

ForumIAS
3 years ago
Reply to  Lost Soul

Very nice

Rajeev Kumar
Rajeev Kumar
3 years ago
Reply to  Lost Soul

what about crop and income insurance
are they part of green box or not?

Lost Soul
Lost Soul
3 years ago
Reply to  Rajeev Kumar

They are as per explaination. And they have provided wrong answer for that.

Radha (R. K)
Radha (R. K)
3 years ago

7//

Akshaykumar Karanjekar
Akshaykumar Karanjekar
3 years ago

6/10

GRIZZLY
GRIZZLY
3 years ago

TIME LEFT :01:28
Your Score Card
Total Number of Questions : 10
Total Not Attempted Questions : 3
Total Correct : 4
Total Wrong : 3
You have scored
6.02 / 20

Revision attempt 1
TIME LEFT :02:37
Your Score Card
Total Number of Questions : 10
Total Not Attempted Questions : 1
Total Correct : 9
Total Wrong : 0
You have scored
18.00 / 20

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