UPSC Essentials | Daily subject-wise quiz : Economy MCQs on nano fertilisers, agrivoltaic farming and more (Week 95)

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UPSC Essentials brings to you its inaugural of subject-wise quizzes. These quizzes are designed to assistance you revise immoderate of the astir important topics from the static portion of the syllabus. Attempt today’s taxable quiz on Economy to cheque your progress.

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QUESTION 1

With notation to the when-listed” platform, see the pursuing statements:

1. It volition beryllium launched by the Securities and Exchange Board of India.

2. The level aims to trim ‘grey marketplace activity’ successful companies’ stocks.

3. It volition let trading companies’ shares successful a play betwixt allotment of shares station the closure of the initial nationalist offering (IPO) bidding process and the authoritative listing connected banal exchanges.

How galore of the statements fixed supra are correct?

(a) Only one

(b) Only two

(c) All three

(d) None

Explanation

— The Securities and Exchange Board of India (Sebi) intends to motorboat a “when-listed” platform, which would let trading of companies’ shares betwixt the allotment of shares pursuing the completion of the archetypal nationalist offering (IPO) bidding process and the ceremonial listing connected banal exchanges. Hence, statements 1 and 3 are correct.

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— The level seeks to alteration ‘grey marketplace activity’ successful institution equities. Simply explained, the grey marketplace is the unofficial trading of assets that occurs anterior to their listing connected banal exchanges. This is an unregulated marketplace based connected request and supply, with investors buying and selling shares successful the grey marketplace earlier they are listed. Hence, connection 2 is correct.

— The grey marketplace operates connected a currency basis, with nary stock deliveries. Many retail investors analyse the premium provided connected the grey marketplace connected shares of a steadfast that has launched an IPO earlier investing successful it.

Therefore, enactment (c) is the close answer.

QUESTION 2

Which of the pursuing is/are large components of Digital Public Infrastructure (DPI) that are envisaged nether the Digital Agriculture Mission?

1. AgriStack

2. Krishi Decision Support System (DSS)

3. Kisan Credit Cards

4. Soil Profile Maps

Select the close reply utilizing the codes fixed below:

(a) 1 and 2 only

(b) 2, 3 and 4 only

(c) 1 and 3 only

(d) 1, 2, and 4 only

Explanation

— The Union Cabinet has approved the Rs 2,817-crore Digital Agriculture Mission, which volition make Digital Public Infrastructure (DPI) successful the workplace sector.

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— The Digital Agriculture Mission envisions 3 superior DPI components: AgriStack, the Krishi Decision Support System (DSS), and ungraded illustration maps. Each of these DPI components volition springiness solutions to assistance farmers entree and usage a assortment of services.

The programme besides seeks to found a technology-based ecosystem, the Digital General Crop Estimation Survey (DGCES), to springiness close cultivation accumulation estimates.

AgriStack

— The farmer-centric DPI AgriStack is made up of 3 halfway agri-sector registries oregon databases: Farmers’ Registry, Geo-referenced Village Maps, and Crop Sown Registry, each of which volition beryllium developed and managed by state/UT governments.

— Farmers volition beryllium assigned a integer recognition (‘Farmer ID’), akin to Aadhaar, that volition beryllium dynamically connected to records of land, carnal ownership, crops sown, demographic details, household details, schemes and benefits received, and truthful on.

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— The Crop Sown Registry volition connection accusation astir crops grown by farmers. In each harvest season, the information volition beryllium collected via Digital Crop Surveys, which are mobile-based crushed surveys.

— The maps volition link geographic accusation from onshore records to their existent locations.

Krishi DSS

— The Krishi Decision Support System volition make a implicit geospatial strategy that volition integrate distant sensing-based accusation connected crops, soil, weather, and h2o resources, among different things.

— This information volition beryllium utilized to make harvest maps for identifying harvest planted patterns, show droughts and floods, and analyse yields utilizing exertion oregon models to settee harvest security claims for farmers.

Soil Profile Maps

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— Under the Mission, broad Soil Profile Maps (on a 1:10,000 scale) of astir 142 cardinal hectares of cultivation onshore are expected to beryllium generated. According to reports, a afloat ungraded illustration inventory covering astir 29 cardinal acres has already been completed.

Therefore, enactment (d) is the close answer.

QUESTION 3

With notation to the agrivoltaic farming, see the pursuing statements:

1. It is the signifier of increasing crops underneath star panels.

2. It decreases land-use efficiency.

3. All the crops tin thrive erstwhile grown successful specified environments.

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4. India has already implemented agri-voltaic farming connected a ample standard successful the confederate Indian states.

How galore of the statements fixed supra are correct?

(a) Only one

(b) Only two

(c) Only three

(d) All four

Explanation

— Agrivoltaic farming is the process of producing crops nether star panels. This permits capable airy and moisture to scope the crops portion inactive enabling entree to workplace machinery. Hence, connection 1 is correct.

— According to a fig of caller studies, some crops thrive erstwhile planted successful specified conditions, portion others bash not. Hence, connection 3 is not correct.

— Doubling up connected onshore usage successful this mode mightiness assistance provender the world’s rising colonisation portion besides producing renewable energy.

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— Agrivoltaic farming could lick some of these concerns. It grows crops successful the shadowed portion beneath the star panels. This boosts land-use efficiency by allowing star farms and agriculture to coexist alternatively than compete. Hence, connection 2 is not correct.

— India is presently being emphasised for its precocious imaginable and immense accidental successful the agri-voltaic assemblage and India does not person agri-voltaic farming connected a ample scale. Hence, connection 4 is not correct.

Therefore, enactment (a) is the close answer.

(Source: http://www.weforum.org)

QUESTION 4

Which of the pursuing are the advantages of the Nano fertilisers?

1. High absorption compared to accepted methods

2. cost-effective

3. Require nary subsidies

4. Reduces dependency connected imports

Select the close reply utilizing the codes fixed below:

(a) 2 and 3 only

(b) 2 and 4 only

(c) 1 and 3 only

(d) 1, 2, 3 and 4

Explanation

— Due to a important shortage of accepted Diammonium Phosphate (DAP) fertiliser successful Punjab, the usage of Nano DAP has much than doubled this year, indicating its imaginable arsenic an alternate solution for farmers.

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— Traditional cultivation practices telephone for 1 oregon one-and-a-half bags of DAP, which comes successful the signifier of granular, per acre of crop. In comparison, Nano DAP successful liquid signifier requires lone 1 500 mL vessel per acre, resulting successful important economical savings and biology benefits.

— Nano fertilisers are taken by plants with 90-95% efficiency, arsenic opposed to modular approaches that effect successful nutrient nonaccomplishment of up to 60%. This high absorption rate not lone decreases biology pollutants, but it besides maintains ungraded health.

— According to experts, nano fertilisers are indigenous and cost-effective, requiring nary subsidies, arsenic opposed to imported DAP, which imposes a important fiscal load connected the country. The utilisation is accordant with India’s goals of minimising reliance connected imports and encouraging sustainable farming techniques.

Therefore, enactment (d) is the close answer.

QUESTION 5

With notation to the commercialized deficit, see the pursuing statements:

1. It is simply a concern erstwhile a state imports much goods than it exports.

2. India’s existent relationship shortage has consistently accrued from FY14 to FY24.

Which of the statements fixed supra is/are correct?

(a) 1 only

(b) 2 only

(c) Both 1 and 2

(d) Neither 1 nor 2

Explanation

— India’s ongoing commercialized deficit, successful which it imports much items than it exports, is often interpreted arsenic a grounds of weakness successful Indian industry. In truth, the imbalance reflects India’s greater spot successful services and attractiveness arsenic an concern destination, alternatively than a deficiency successful manufacturing. Hence, connection 1 is correct.

— An influx of funds indispensable beryllium accompanied by an outflow oregon accumulation of funds. This means that immoderate state that draws concern (i.e., has a nett inflow of funds connected the superior account) indispensable either person a existent relationship shortage (i.e., a nett outflow connected the existent account) oregon accumulate overseas speech reserves.

— The spread betwixt the instrumentality earned by foreigners connected their investments successful India and the instrumentality earned by India connected its reserves is known arsenic the outgo of keeping reserves.

 Economy (Week 95) India’s existent relationship shortage has remained successful a steadfast range.

— This existent relationship shortage is, successful effect, a hallmark of an investment-friendly economy. India has followed a prudent argumentation of sustaining a existent relationship shortage of astir 2% of GDP portion drafting comparable superior flows. India’s existent relationship shortage has fluctuated betwixt fiscal years 2014 and 2024. Hence, connection 2 is not correct.

Therefore, enactment (a) is the close answer.

Previous Daily Subject-Wise-Quiz

Daily Subject-wise quiz — History, Culture, and Social Issues (Week 95)

Daily subject-wise quiz — Polity and Governance (Week 95)

Daily subject-wise quiz —  Science and Technology (Week 95)

Daily subject-wise quiz — Economy (Week 94)

Daily subject-wise quiz — Environment and Geography (Week 94)

Daily subject-wise quiz – International Relations (Week 94)

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