Post your performance sheet of SFG in this thread,It is to track our own mistakes and also to compare our mistakes with others.
Rationale behind continuing with same thread
- it becomes a good repository for longtime.
- Creating new threads making confusion in forum.
- Back then during discuss platform oldies used single thread so we will do it in old way.
- The previous work motivates some to participate.
Ps:
- Pls don't use this thread for discussing anything.
- Only use it,for uploading ur performance sheet(dont just upload score,pls do upload ur mistakes n if possible add a "y")(u can take reference from others previous work).
Google sheet to compare scores & gauge ones performance:
https://docs.google.com/spreadsheets/d/1gywpblGftHHCODDHVEjgmda5maCDTkPjXAJMC8qbwOQ/edit?usp=drivesdk
Please don't alter the google sheet, just enter your score.
OTHER USEFUL LINKS:
1)Sfg Related Discussion Thread:
https://forumias.com/post/detail/SFG-RLG-All-Tests-Discussions-in-one-place-1575640662
2)Any UPSC Related Doubts:
https://forumias.com/post/detail/Doubt-Clearance-Thread-UPSC-2020-1579348713
3) Previous Year UPSC Prelims Questions Thread:
https://forumias.com/post/detail/Previous-Year-Questions-60-Days-Mission-1585383124
- MGNREGA | at least 60 percent of the works undertaken must be related to land and water conservation | one-third of the workers should be women | payment in 15 days | social audit
- Fixed term employment : can be hired directly w/o middleman ,not required to provide retrenchment benefits,The Code on Social Security (2020) does not specify a minimum or maximum tenure for hiring fixed-term employees.
- Tendulkar Committee: shift away from calorie consumption, focus onhealth and education too,A uniform poverty line basket (PLB) across rural and urban India,Mixed Reference Period.
- The Agreement on Trade-Related Investment Measures (TRIMS)
- applies to investment measures related to trade in goods only. Thus, the TRIMs Agreement does not apply to services,not concerned with the regulation of foreign investment.
- TRIMS vs TRIPS
- Depreciation of Indian rupee
- FD➚ :risk of seeing the value of the currency fall
- Fed Tapering
- Worker population Ratio
- The worker-population ratio= total number of workers/ population in India
- In urban areas, the proportion is about 34.1, whereas in rural India, the ratio is about 35.3. Thus, the level of participation of people in economic activities is greater in rural areas as compared to urban areas.
- According to the Periodic Labour Force Survey released by the National Statistical Office (NSO), more than half of the population of workers in Rural India are self-employed.
- India's population
- Decadal growth rate 17%, expected to be 12.5% in the 2011-2021 decade.
- As per NFHS-5 Phase II, Total Fertility Rates (TFR) of India has declined from ****2.2 to 2.0 at the national level. Further. as per demographic concepts, replacement level rate is 2.1. Thus, India's TFR has gone to sub-replacement level.
- Nagaland was the only state that recorded a negative decadal growth of population (minus 0.40 per cent) as per the Census 2011.
- Post 1991
- Since 1991, theabsolute level of income per worker i.e. worker productivityhas increased for both rural and urban areas.
- rural workforce decreased , because shifting towards urban/non-agri sectors.
- The growth rate in rural employment decreased |increased informalisation and de-unionisation of workforce
- increase in casual labour and not a decline.
- total number of operational holdings in the country has increased, The small and marginal holdings taken together (0.00-2.00 ha.) constituted 86.08% of the total holdings [share in the operated area stood at 46.94%] , more women in the southern states hold land as compared to the rest of the country.
2. External Commercial Borrowings- RBI decided to keep minimum average maturity period at 3 yrs
3. After 1991 Growth rate in rural employment decreased
4. Different poverty lines for states- because of price differences.
5. Highest operational holdings- UP>BR>MH>MP
6. Investment in US treasury bonds is Currency>, hence part of FOREX
7. 1stFYP- trickle down approach(read properly)
8. TRIMS- quantitative restrictions prohibited, only goods, not concerned with foreign investment its about the investment in production which leads to discrimination.
9. Invisibles in Foreign trade- Service(travel+transport+insurance), transfers(official+pvt.), Income(investment+employees)
10. Trading Partners South Asia- NP>SL>Pak>Bhu>Af>Maldives
11. Population Growth- See trends
12. Fixed Exchange Rate – Govt. fixes not the IMF
13. Read FDI/FII in detail
14. SDR- neither currency nor claim, just potential claim. Reserve Tranche- quota, every country has to pay, part of it can be withdrawn
15. Read Poverty types
16. Unemployment Trends
17. MFI charge high rate of interest.
18. Migrationis a source of Human
Capital formation.
This is a very good score. And a good accuracy. I remember one Aditya from earlier who used to attempt 45-50 questions and would get 40+ correct.
Try to replicate this on a waider syllabus. Like, if a test were to happen on whole of economy, would you be able to do it.
As in not now, but let us say if you would be able to do it on a wider syllabus / full syllabus by March April. Remeber March April is the time when you have your revisions, not read the stuff for the first time.
I am no knight. Do not call me Sir|Philosophy behind ForumIAS
2) MGNREGS60%must be for land & water conservation; min 1/3rd should be women
3)all casual workersguaranteed to EPF
8) economic growth limited in selected areas of service sector
11) largest operational agricultural land holding: UP
12) human capital formation leads to intangible wealth accumulation
13) NRI depositsNOTa part of Forex Reserves
17) Read up about 5YPs
18) TRIMSdo notapply to services
22)Nagaland-only statewith negative decadal population growth
23) Types of currency in foreign market
32) fixed exchange rate determined by Central Bank
33) Read up about current acc deficit
35)Capital account: partial convertibility; Current: full
37) Reserve tranche position with IMF; Special Drawing RightsNOT a currency
41) Unemployment rate higher in urban areas
42) devaluationimproves competitivenessof domestic exports in foreign markets
48) level of participation of people higher in rural areas
Test 14
1) World Bank aims at reducing poverty; IMF: facilitation & expansion of a balanced trade growth
3) rice prices affected due to: govt trading, MSP, stockpiling, subsidy
4) fluctuations in interest rates due to external debt
7) Industrial Relations Code: min notice period of 14 days, reskilling fund: wage of last 15 days
10) silly mistake
13) inflations boosts investment, bond yield increases & bond prices fall
16) criterion for determining domestic systemically important imp insurers: size of operations in terms of total revenue, premium underwritten, global activities; NPA not included
17) insurance penetration: % of insurance premium to GDP
18) silly mistake
22) cobweb phenomena: prices of certain goods witness fluctuations that are cyclical in nature
23) CPSEs for disinvestment identified by NITI Aayog
25) MSME: 99%+ micro enterprise; MSME contribution to export market: 48%; no items reserved for MSME
28) steel sector: PLI not extended to all steel grades; cooking coal for smelting is limited
31) compulsory licensing: production of patented product w/o permission from patent's owner; India allows this
32) read about investment methods
33) sulphur is a by-product of oil refinery
35) silly mistake
50)R&D: WIPO India ranking-46; dominated by healthcare; majority expenditure met by govt; no country spends more than 5%
Test 15
4) non-annexation of Bengal after the Battle of Plassey because the local rulers were ready to grand the EIC special privileges (thereby reducing the need to annex the said area)
14) policy of non-annexation initiated under Lord Hastings (not Governor General)
22) Mughal army comprised of cavalry & infantry who were trained in archery and use of sword; cavalry>infantry; early 19th cent-Brits adopted uniform military culture
29) main reason for indigo plantation in India: decline in indigo production in the world
31) gomastha: paid agents of the EIC to assist weavers
34) Indigo rebellion: food
36) Azamgarh Declaration: Revolt of 1857
44) read up properly about Carnatic Wars
Test 16
1)Dufferinwas the Viceroy when INC was formed
6) National Social Conference formed by MG Ranade in 1887. Reason: Cong didn't want to include social reforms in its agenda
7) Western influence made the Indians realise the potential of Indian culture: reason behind social reforms; regenerationnotcreated due to colonial presence
13) silly mistake
16) activities undertaken for socio-religious reform movement: revitalising Indian medicine system, regeneration of traditional institutions
17)Aurobindo'sswaraj meant complete freedom; Aurobindo developed the idea of passive resistance
19)widow remarriage association: Vishnu Shastri Pandit
24) Lala Lajpat Rai: wrote biographies of Mazzini, Garibaldi, Shivaji
25)Hali system: bonded labour
30)read up about founders & years of pre-Congress organisations
31) Mohammedan Anglo Oriental Defence Org:Sir Syed Ahmed Khan (1893); Brits could also be members
Test 17
1)Anant Laxman Kanherekilled Justice Jackson of Nasik to avenge Savarkar's arrest
2) Savarkar influenced by Gopal Ganesh Agarkar; presented Mazzini's philosophy in Marathi, started Hindu & Sikh festivals in London, set up Free India Society (open for all); sent delegates to the Int'l Socialist Union at Suttgart; Talwar was an organ of Abhinav Bharat
4) Sardar Singh Rana: scholarship to Indian youths, shelter to the revolutionaries who escaped from India; gave economic help
8) Ghadr Party: HQ- San Francisco; members: soldiers and peasants; Defence of India Act (1915) to crush them
22) Sachin Sanyal involved in: Komagata Maru incident, Delhi conspiracy case (1912), HRA formation, Yound Men's Association
38) AITUC: influenced bysocial democratic ideals of the British Labour Party, founded by Lala Lajpat Rai, GS: Dewan Chaman Lal; NM Joshi founded All India Trade Union Federation
Test 18
5) Hindustan Seva Dal: est in 1924 within the INC; Nehru- 1st President; purpose- to recruit volunteers for the Congress
8) misunderstood the question
14) misunderstood the question
20) Prati Sarkar under YB Chavan, Nana Patil in Satara during Quit India Movement
39) K Kelapan marched from Calicut to Payanneer
41)MLno majority of seats in any Muslim majority provinces
Test 20
7) Policy of Ring Fence:created buffer zones to defend the EIC's frontiers; Subordinate Isolation (1813-57) Indian states acted in subordinate coordination with the British govt & acknowledge its supremacy (sovereignty- no- external; yes- internal)
11) Narkelberia Uprising: led by Titu Mir; by Muslim peasants against Hindu landlords;merged later with the Wahabi movement
25) Ahom revolt led by Dhanjoy Borgohain & Jairam Khargharia Phukan,Gomdhar Konwar; cause: occupation and attempt of the Brits to annex the Ahom kingdom
31) Bombay Mill Hands Association: NM Lokhande; Madras Labour Union: B.P. Wadia
33) silly mistake
35) All India Kisan Sabha: formed in Lucknow Session (1936)
37) Mountbatten Plan ruled out the independence of princely states; join either India or Pak
Test 21
QI) Kesari started by Tilak & Agarkar (also
the 1steditor); laterAgarkar started Sudharak; both
co-founded Deccan Education Society (1884)
Q3) GoI Act, 1919: gave the provinces more
legislative powers for the framing of rules for devolution of authority bw
Centre & Provinces
Q6) funds used for waging wars outside
India by the British NOT a part of Home Charges
Q10) Macaulay: headed the Law Commission
(1833) for codification of Indian laws; 1stlaw member of the GG in
Council; introduced the idea of a merit based modern Civil Service in India
Q13) misunderstood the question
Q14) silly mistake
Q24) Dayaram GidumalSahani: DJ Sindh
College (Karachi), Seva Sadan, authored Sata saheliyun & Chabak mana lai
ain rihan;Gurusaday Dutt: Bratachari movement, started Bangalakhmi;
D.K. Karve: first women uni called SNDT Women’s University;Amritlal
Vithaldas Thakkar: founder of Bhil Seva Mandal
Q34) read up phases of colonisation
properly
Q44) Silly mistake
1. MGNREGA provisions- Mandatory Social Audit and 33% Women
2. Agri operational land holding: UP>BH>MH
3. NRI deposits are maintained in Rupees
4. Tendulkar Committee- Uniform Poverty Line Basket, and a shift away from calorie consumption based estimation
5. Demographic Dividend->Decline in country's Mortality and Fertility
6. Nagaladn was the only state with a negative decadal growth acc to Census 2011
7. Hard Currency in Forex Market
8. Increase in REER = exports are expensive
9. Problem of International Liquidity is the non availability of Dollars and other hard currencies
SFG 2022 - Level 1 - Test 14 |
labor code on Industrial Relations | 14 days notice before strike
- Reskilling Fund has been established to skill the workers who are fired from their jobs. The contribution to the fund by employer is 15 days of last wage drawn by the employee.
- worker definition - earning more than 18K excluded
- Negotiating Union :If more than one trade union, one with more than 51% of workers as member will be recognized as sole negotiating union
- If none eligible,negotiating councilwith representatives of union having at least 20% of workers as members
DSII[NPA option could have been eliminated but Dimag nahi chala ]
- Criteria : global activities , size of operation | LIC, GIC, NIAC
ULB
- The Property tax can only be decided by state government and not by Urban Local bodies.[Correct/false ?]
Models
- EPC Model - project cost was fully covered by the Government, private entities are only exposed to the construction-related risks.
- In Build-Operate-Transfer (BOT-TOLL) model, the toll collection is the responsibility of the
Government.Private
Capacity utilization of power sector
- The capacity utilisation of thermal power plants (also called Plant Load factor or PLF) has declined from 78% in 2009-10 to 61% in 2018-19.
Corporate tax [22% ]
- Direct tax collections for FY21 were at the lowest since 2017-18 registering a contraction of 13.1%, while indirect tax mop-up saw a growth of 12.6%. As a result, the proportion of indirect tax collections was higher than direct taxes, indicating an uneven impact of the pandemic on income and consumption. The primary reason for this was the windfall gain from excise duty collections and higher goods and services tax collections.
MSME | MSME sector contributes around 48% in India's total exports basket | Currently there are no items reserved for MSMEs sector.
- India has 6.33 crore MSMEs out of which 6.30 crore i.e. 99.4 per cent are micro-enterprises while 0.52 per cent i.e. 3.31 lakh are small and 0.007 per cent i.e., 5,000 are medium enterprises.
PYQs In which I committed blunder !
GST Exemption[PYQ]**
- The items that are kept outside the purview of GST are petroleum products (such as petroleum crude, motor spirit, diesel, aviation turbine fuel and natural gas), electricity and alcohol for human consumption**.**
- Items exempted from GST include fresh or pasteurized milk, butter milk, curd, chena or paneer, and non-vegetarian items like eggs (cooked or raw), chicken, fresh meat, and fresh or chilled fish. Fruits, vegetables, as well as unit container-packed frozen branded vegetables (uncooked or steamed) are also exempt.
- There are other items on the exempted list like manuscripts, postal items like envelope and post cards sold by the government, newspapers, journals and periodicals, whether illustrated or containing advertising material etc.
Chemical fertilizers**[PYQ**]**
- Ammonia, which is an input of urea, is produced from natural gas. Sulphur, which is a raw material for phosphoric acid fertilizer, is a by -product of oil refineries.
- The retail price of chemical fertilizersis not market -drivenas the government subsidizes the fertilizers. Under Nutrient Based Subsidy Scheme (NBS), the fertilizers are provided to the farmers at the subsidized rates based on the nutrients (N, P, K & S) contained in these fertilizer
Non Financial debt [PYQ**]
- Non-financial debt consists of credit instruments issued by governmental entities, households and businesses that are not included in the financial sector.
- The Housing loans owed by households, amounts outstanding on credit cards and Treasury bills all are examples of non-financial debt.
Devaluation to reduce CAD[PYQ]**
2. External Commercial Borrowings- RBI decided to keep minimum average maturity period at 3 yrs
3. After 1991 Growth rate in rural employment decreased
4. Different poverty lines for states- because of price differences.
5. Highest operational holdings- UP>BR>MH>MP
6. Investment in US treasury bonds is Currency>, hence part of FOREX
7. 1stFYP- trickle down approach(read properly)
8. TRIMS- quantitative restrictions prohibited, only goods, not concerned with foreign investment its about the investment in production which leads to discrimination.
9. Invisibles in Foreign trade- Service(travel+transport+insurance), transfers(official+pvt.), Income(investment+employees)
10. Trading Partners South Asia- NP>SL>Pak>Bhu>Af>Maldives
11. Population Growth- See trends
12. Fixed Exchange Rate – Govt. fixes not the IMF
13. Read FDI/FII in detail
14. SDR- neither currency nor claim, just potential claim. Reserve Tranche- quota, every country has to pay, part of it can be withdrawn
15. Read Poverty types
16. Unemployment Trends
17. MFI charge high rate of interest.
18. Migrationis a source of Human
Capital formation.
Day 14
1. IMF- trade expansion(commercial activities), WB- Poverty/development stuff, to take WB loan IMF membership required, IMF only to members while WB(IFC) to private as well.
2. Heated Currency- domestic currency under pressure and not the one exiting the economy.
3. Rice – affected by government trade to keep check on market.
4. Code on Industrial Relations needs revision
5. Equalisation Levy- introduced by Finance Act,2016, not income tax so no claim under DTAA
6. Cobweb Phenomenon- Price up>excessive production>price down(problem of plenty)
7. MSME- more than 99% micro, 48% in exports, no reserved items.
8. Compulsory Licensing included in WTO
9. Swiss Challenge Method- pvt. player submit proposal without invitation.
10. Sulphur- raw material for phosphoric acid fertilizer, by product of oil refinery
11. ULBs have power to raise property taxes , 80-95% revenue from external sources
12. Bank of International Settlement-1930, owned by 62 central banks, Basel Switzerland.
SFG 2022 - Level 1 - Test 16 | January 28, 2022 |
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