Practice Question and Answer

Q:

The Income of Indians working abroad is-

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  • 1
    Domestic Income of India
    Correct
    Wrong
  • 2
    Income earned from abroad
    Correct
    Wrong
  • 3
    Net domestic product of India
    Correct
    Wrong
  • 4
    Grave domestic product of India.
    Correct
    Wrong
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Answer : 2. "Income earned from abroad"
Explanation :

Expl:- NDPmp + NFIA = NNPmp

GDPmp + NFIA + GNPmp

Q:

Bombay Stock Exchange is the ______ stock exchange of Asia.

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    First
    Correct
    Wrong
  • 2
    second
    Correct
    Wrong
  • 3
    fourth
    Correct
    Wrong
  • 4
    third
    Correct
    Wrong
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Answer : 1. "First"
Explanation :

1. Bombay Stock Exchange is the oldest stock exchange in Asia, and also the tenth oldest stock exchange in the world.

2. The Bombay Stock Exchange became the first stock exchange in India to issue commodity derivative contracts in gold and silver.

Q:

Which of the following states has launched the scheme named 'Kalaignar Magalir 'Urimai Thittam'?

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    Goa
    Correct
    Wrong
  • 2
    Tamil Nadu
    Correct
    Wrong
  • 3
    West Bengal
    Correct
    Wrong
  • 4
    Odisha
    Correct
    Wrong
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Answer : 2. "Tamil Nadu"
Explanation :

1. Tamil Nadu Kalaignar Magalir Urimai Thittam Scheme is the flagship socio-economic welfare scheme of the Government of Tamil Nadu.

2. It will launch on 15 September 2023.

3. The main objective behind starting this scheme is to empower women economically so that their livelihood and standard of living improves.

Q:

Direction: Read the given passage carefully and answer the questions that follow. Certain words are printed in bold to help you locate them while answering some of these.

If you’re concerned that automation and artificial intelligence are going to disrupt the economy over the next decade, join the club. But while policymakers and academics agree there’ll be significant disruption, they differ about its impact.

On one hand, techno-pessimists argue that new forms of automation will displace most jobs without creating new ones. In other words, most of us will lose our jobs. On the flip side of the debate, techno-optimists contend that continued investments in education and research and development will offset the job losses and generate many new human tasks that complement AI.

Researchers have been studying jobs that involve digital skills for years to try to understand their merit. But what does it really mean for a job or skill to be “digital”?

In earlier research, all it meant was that a worker used a computer. Since nearly all workers use a PC today, we need a more refined definition of digital skills that takes into account how much a job depends on doing things like programming, crunching data in Excel spreadsheets and even using a smartphone.

In a particular research, a new way was created to measure digital or information technology skills in the labour market based on how frequently they’re used in an occupation. For example, how much time does a financial adviser spend analyzing data or an event planner use a computer?

It was found that workers in occupations that rank higher in IT industry earn more than demographically similar peers in other occupations – and that this earnings gap has been growing. Not only that, but it was also found something interesting on the impact of a college degree on the lifetime earnings of a person in IT industry. Historically, workers with a college degree have earned a lot more than peers without one. Even the level of the college makes a difference. Recent research has shown that this so-called college premium has been flattening. The main cause, according to the analysis, is that the college premium for occupations requiring fewer digital skills has been declining, while it has been rising for those we identified as digital jobs such as software developers, programmers and aerospace engineering. At least some of the flattening in the college premium is due to the increasing number of bachelor’s degrees that convey few skills that are valued in the marketplace.

Another research compares the measures of job quality – such as a sense of purpose, enjoyability and career advancement – with income, occupations and a range of demographic characteristics. It found that jobs that require greater interaction with technology tended to score higher in quality, particularly in terms of measures like career advancement.

The fact that these jobs not only pay more but also provide greater levels of employee satisfaction and engagement paints a more optimistic picture about the future of work. And that gives hope, particularly since the digital economy is growing at a pace nearly four times faster than the broader economy.

The key is making tomorrow’s jobs “robot-proof” by designing them in a way that takes advantage of the digital skills described above. And universities must play a big role in this by identifying what a good job looks like and ensuring future generations learn the necessary skills.

 Which of the following is the MOST SIMILAR in meaning to the given word as used in the passage?
 Pace

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    stride
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  • 2
    speedy
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    Wrong
  • 3
    rate
    Correct
    Wrong
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    crawl
    Correct
    Wrong
  • 5
    inhibit
    Correct
    Wrong
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Answer : 3. "rate"

Q:

Who has been honoured with France's “Chevalier de l'Ordre des Arts et des Lettres” award?

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  • 1
    Ratan Tata
    Correct
    Wrong
  • 2
    Rahul Mishra
    Correct
    Wrong
  • 3
    Narendra Modi
    Correct
    Wrong
  • 4
    Purnima Devi
    Correct
    Wrong
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Answer : 2. "Rahul Mishra"
Explanation :

Recently, Rahul Mishra was honoured with France's “Chevalier de l'Ordre des Arts et des Lettres” award.

Q:

When was “PM Vishwakarma Yojana” launched recently by Prime Minister Narendra Modi?

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    14 September 2023
    Correct
    Wrong
  • 2
    16 September 2023
    Correct
    Wrong
  • 3
    17 September 2023
    Correct
    Wrong
  • 4
    18 September 2023
    Correct
    Wrong
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Answer : 3. "17 September 2023"
Explanation :

1. Prime Minister Narendra Modi has launched the PM Vishwakarma Yojana on the occasion of Vishwakarma Jayanti on 17 September.

2. Prime Minister Narendra Modi has launched this scheme with his vision to provide support and skills to the people engaged in traditional crafts.

 3. The Central Government will spend Rs 13,000 crore on this scheme.

Q:

What has been done by changing the name of Udhampur railway station in Jammu and Kashmir?

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  • 1
    Shaheed Bhagat Singh Railway Station
    Correct
    Wrong
  • 2
    General Bipin Rawat Railway Station
    Correct
    Wrong
  • 3
    Shaheed Captain Tushar Mahajan Railway Station
    Correct
    Wrong
  • 4
    Shaheed Ashfaqullah Khan Railway Station
    Correct
    Wrong
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Answer : 3. "Shaheed Captain Tushar Mahajan Railway Station"
Explanation :

1. Udhampur Railway Station renamed Shaheed Captain Tushar Mahajan Railway Station.

2. Northern Railway has issued a notification to change the name of 'Martyr Captain Tushar Mahajan Railway Station' in honour of the brave army man.

3. Captain Tushar Mahajan was born on May 25, 1987 in Udhampur, Jammu and Kashmir.

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