Indian Economy Quiz: Services Sector | 26 July, 2021
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Question No. 1
With reference to the Insurance Regulatory and Development Authority (IRDA), which of the following statements is/are correct?
1. It is a statutory body.

2. The chairman and its members are appointed by government.

Select the correct answer using the codes given below:
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Question No. 2
With reference to the Other Service Providers (OSP’s), which of the following statements is/are correct?
1. OSPs are companies or firms which provide secondary or tertiary services such as telemarketing, tele-banking or telemedicine for various companies, banks or hospital chains.

2. It requires minimal investment but gave great returns in business.

Select the correct answer using the codes given below:
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Question No. 3
Which of the following Insurance companies are works under General Insurance Corporation of India (GIC)?
1. National Insurance Company Ltd.

2. New India assurance Company Ltd.

3. Oriental Fire and Insurance Company Ltd.

Select the correct answer using the codes given below:
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Question No. 4
The “Draft Scheme of Reconstruction” is recently in news is related to which of the following?
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Question No. 5
“World Investment Report” published by which of the following?
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Question No. 6
The “GATI portal” is recently in news is related to which of the following?
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Question No. 7
With reference to the new hydro policy 2019, which of the following statements is/are correct?
1. It includes large hydro projects within the ambit of renewable energy.

2. Now the renewable energy capacity has increased to 34.4% of total energy mix.

Select the correct answer using the code given below:
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Question No. 8
Which of the following measures will spur the economic growth?
1. Transparent and hassle-free land acquiring.

2. Availability of Skilled labor.

3. High interest rates in the economy.

4. Decrease in effective demand.

Select the correct answer using the code given below:
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Question No. 9
Which of the following are the objectives of the “National Digital Communications Policy”?
1. Broadband for all by 2025.

2. Creating 100 million additional jobs in the Digital Communications sector.

3. Enhancing the contribution of the Digital Communications sector to 10% of India’s GDP from 5% in 2017.

4. Ensuring Digital Sovereignty.

Select the correct answer using the code given below:
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Question No. 10
“Consider the following statements regarding the “gig economy”:
1. Gig workers include self-employed, freelancers, independent contributors and part-time workers.
2. It is tech-enabled platforms connect the consumer to the gig worker to hire services on a short-term basis.
Which of the statements given above is/are correct?
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