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UPSC Prelims 2016

100 questions, in the order they were asked.

2016 · Q52Environment & EcologyEnvironmental Governance & Legislationmoderate

With reference to an initiative called 'The Economics of Ecosystems and Biodiversity (TEEB)', which of the following statements is/are correct? 1. It is an initiative hosted by UNEP, IMF and World Economic Forum. 2. It is a global initiative that focuses on drawing attention to the economic benefits of biodiversity. 3. It presents an approach that can help decision-makers recognize, demonstrate and capture the value of ecosystems and biodiversity. Select the correct answer using the code given below.

  1. (a)1 and 2 only
  2. (b)3 only
  3. (c)2 and 3 only
  4. (d)1, 2 and 3
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Official answer(c) 2 and 3 only

2016 · Q55Environment & EcologyClimate Change & Greenhouse Gasesmoderate

What is 'Greenhouse Gas Protocol'?

  1. (a)It is an international accounting tool for government and business leaders to understand, quantify and manage greenhouse gas emissions
  2. (b)It is an initiative of the United Nations to offer financial incentives to developing countries to reduce greenhouse gas emissions and to adopt eco-friendly technologies
  3. (c)It is an inter-governmental agreement ratified by all the member countries of the United Nations to reduce greenhouse gas emissions to specified levels by the year 2022
  4. (d)It is one of the multilateral REDD+ initiatives hosted by the World Bank
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Official answer(a) It is an international accounting tool for government and business leaders to understand, quantify and manage greenhouse gas emissions

2016 · Q60Indian EconomyTaxationeasy

The term 'Base Erosion and Profit Shifting' is sometimes seen in the news in the context of

  1. (a)mining operation by multinational companies in resource-rich but backward areas
  2. (b)curbing of the tax evasion by multinational companies
  3. (c)exploitation of genetic resources of a country by multinational companies
  4. (d)lack of consideration of environmental costs in the planning and implementation of developmental projects
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Official answer(b) curbing of the tax evasion by multinational companies

2016 · Q62Indian EconomyInfrastructure & Industrymoderate

What is/are the purpose/purposes of 'District Mineral Foundations' in India? 1. Promoting mineral exploration activities in mineral-rich districts 2. Protecting the interests of the persons affected by mining operations 3. Authorizing State Governments to issue licences for mineral exploration Select the correct answer using the code given below.

  1. (a)1 and 2 only
  2. (b)2 only
  3. (c)1 and 3 only
  4. (d)1, 2 and 3
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Official answer(b) 2 only

2016 · Q66Science & TechnologyComputer & Information Technologymoderate

With reference to 'Bitcoins', sometimes seen in the news, which of the following statements is/are correct? 1. Bitcoins are tracked by the Central Banks of the countries. 2. Anyone with a Bitcoin address can send and receive Bitcoins from anyone else with a Bitcoin address. 3. Online payments can be sent without either side knowing the identity of the other. Select the correct answer using the code given below.

  1. (a)1 and 2 only
  2. (b)2 and 3 only
  3. (c)3 only
  4. (d)1, 2 and 3
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Official answer(b) 2 and 3 only

2016 · Q71Indian EconomyFinancial Markets & Capital Marketsmoderate

What is/are the purpose/purposes of Government's 'Sovereign Gold Bond Scheme' and 'Gold Monetization Scheme'? 1. To bring the idle gold lying with Indian households into the economy 2. To promote FDI in the gold and jewellery sector 3. To reduce India's dependence on gold imports Select the correct answer using the code given below.

  1. (a)1 only
  2. (b)2 and 3 only
  3. (c)1 and 3 only
  4. (d)1, 2 and 3
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Official answer(c) 1 and 3 only

2016 · Q73Indian EconomyDigital Payments & Financial Inclusioneasy

Pradhan Mantri MUDRA Yojana is aimed at

  1. (a)bringing the small entrepreneurs into formal financial system
  2. (b)providing loans to poor farmers for cultivating particular crops
  3. (c)providing pensions to old and destitute persons
  4. (d)funding the voluntary organizations involved in the promotion of skill development and employment generation
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Official answer(a) bringing the small entrepreneurs into formal financial system