Prelims Marathon – Economy – September- 9 -2022
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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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Correct Answer : 2

Wrong Answer : -0.66

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Question No. 1
With respect to Goods and Services Tax (GST), consider the following statements:
1. A cess is levied on the tax slab of 12% on luxury, sin and demerit goods.
2. The collection from the cess goes to a separate corpus called Compensation fund.
Which of the above given statement is/are correct?
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Question No. 2
“RAISE Framework”, sometimes seen in news is related to which among the following?
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Question No. 3
Which of the following is not correct about draft ‘Guidelines to Regulate Child Participation in the Entertainment Industry’?
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Question No. 4
Consider the following statements about Performance Grading Index for Districts:
1. Highest achievable Grade is Akanshi.
2. The index is released by NITI Aayog.
Which of the statement given above is/are correct?
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Question No. 5
Which among the following released the ‘State Ranking Index for NFSA’?
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Question No. 6
Consider the following statements:
1. A fiscal deficit (FD) situation occurs when the government’s income exceeds its expenditure.
2. It is the difference between the total expenditure of the government and its total revenue (excluding borrowings).
Which of the statements given above is/are correct?
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Question No. 7
Consider the following statements about State Start-up Ranking:
1. Kerala and Maharashtra appeared as the Best Performers in the States category.
2. The ranking is undertaken by the Department for Promotion of Industry and Internal Trade (DPIIT) since 2018.
Which of the statements given above is/are not correct?
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Question No. 8
Business Reforms Action Plan (BRAP) has been released by which of the following organization?
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Question No. 9
Which of the following statement about National Industrial Corridor Development Programme (NICDP) is/are correct?
1. Government of India has signed a $250 million loan to support the NICDP with World Bank.
2. National Industrial Corridor Development and Implementation Trust (NICDIT) is the implementing agency.
Select the correct answer using the codes given below:
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Question No. 10
Consider the following statements about Jan Samarth Portal:
1. It is a unique digital portal linking 13 credit-linked Government Schemes on a single platform.
2. The portal will help reduce turnaround time and facilitate faster sanction of loans to beneficiaries.
Which of the statements given above is/are correct?
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