16. Match the following organisations with reports/index produced by them:
Organisations | Reports / Index |
---|
A. Real Estate Regulation Authority | Global Real Estate Transparency Index |
B. NITI Aayog | SATH-E Report Systemic Transformation of School Education |
C. IMF | Global Trade Outlook and Statistics |
D. World Bank | Global Economic Prospects |
Which of the following is/are correctly matched?
- A only
- A and C
- B and D
- B, C, and D
Answer: (3) B and D
Explanation:
- A. Incorrect. The Global Real Estate Transparency Index is published by JLL, not RERA.
- B. Correct. NITI Aayog publishes the SATH-E Report.
- C. Incorrect. The IMF does not publish the Global Trade Outlook and Statistics.
- D. Correct. The World Bank publishes the Global Economic Prospects.
Thus, B and D are correct, making option (3) the right answer.
17. Which of the following statements is/are correct about Fiscal Responsibility and Budget Management Act (FRBM) 2003?
A. The FRBM Act made it mandatory for the Government to place Long Term Fiscal Policy Statement, Microeconomic Framework Statement, and Fiscal Policy Strategy Statement along with the Union Budget documents in Parliament annually.
B. The FRBM Act proposed that revenue deficit, fiscal deficit, tax revenue, and the total outstanding liabilities be projected as a percentage of Gross State Domestic Product (GDP) in the medium-term fiscal policy statement.
C. Under no circumstances can the set targets of fiscal deficits and revenue be exceeded.
D. After the enactment of FRBM Act, Government has met the targets only twice till now.
Options:
- Only one statement is correct
- Only two statements are correct
- Only three statements are correct
- None of the above
Answer: (2) Only two statements are correct
Explanation:
- A. Correct. The FRBM Act requires the presentation of these documents annually.
- B. Incorrect. The Act focuses on national GDP, not state GDP.
- C. Incorrect. The Act allows deviations under specific circumstances.
- D. Correct. The government has met the targets only a few times.
Thus, only A and D are correct, making option (2) the right answer.
18. Consider the following statements about India's electronics export:
A. Karnataka was India’s largest exporter of electronic goods in FY23, accounting for 30% of all electronic goods exports from India in FY24.
B. The share of the electronic goods sector in India’s overall exports has more than doubled in recent years.
C. Exports of smartphones currently forms close to 40% of India’s electronics exports.
D. U.S.A. and China are the biggest markets for India’s electronic goods exports.
E. In the last two financial years, close to 40% of smartphones in India were sent out from Kanchipuram, Tamil Nadu.
Which of the following statements are correct?
- A, B, and D
- B and D
- A, C, and E
- B, C, and E
Answer: (3) A, C, and E
Explanation:
- A. Correct. Karnataka is a major electronics export hub.
- B. Incorrect. The doubling of the sector's share may be exaggerated.
- C. Correct. Smartphones form a large part of electronics exports.
- D. Incorrect. China is not a major market for India's electronic goods exports.
- E. Correct. Kanchipuram is a significant hub for smartphone exports.
Thus, A, C, and E are correct, making option (3) the right answer.
19. Consider the following statements:
A. Software and business services together constitute more than 60% of India’s total services exports.
B. The National Monetisation Pipeline (NMP) is based on the principle of ‘asset creation through monetisation’.
C. As per the BIS Triennial Central Bank Survey 2022, the INR accounted for more than 2% of the global forex turnover.
Options:
- Only one statement is incorrect
- Only two statements are incorrect
- All three statements are incorrect
- All statements are correct
Answer: (2) Only two statements are incorrect
Explanation:
- A. Correct. Software and business services are significant contributors to India's services exports.
- B. Incorrect. The NMP focuses on monetising existing assets, not creating new ones.
- C. Incorrect. The INR accounts for much less than 2% of global forex turnover.
Thus, only A is correct, making option (2) the right answer.
20. What is a key characteristic of fabless manufacturing in the semiconductor industry?
A. It involves companies that own and operate their own semiconductor fabrication plants.
B. It designs and markets semiconductors while outsourcing hardware's fabrication to a third-party foundry.
C. It focuses on in-house production of semiconductor materials and components.
D. It involves the integration of hardware and software in semiconductor production.
Which of the above statements is/are correct?
A and D
B only
B and C
A, C, and D
Answer: (2) B only
Explanation:
Let's analyze each statement:
A. It involves companies that own and operate their own semiconductor fabrication plants.
Incorrect. Fabless manufacturing companies do not own or operate semiconductor fabrication plants. Instead, they focus on design and marketing while outsourcing the actual fabrication process to specialized foundries.
B. It designs and markets semiconductors while outsourcing hardware's fabrication to a third-party foundry.
Correct. This is the core characteristic of fabless manufacturing. Companies in this model design the semiconductor chips but rely on third-party foundries (like TSMC) to manufacture the physical chips.
C. It focuses on in-house production of semiconductor materials and components.
Incorrect. Fabless companies do not focus on in-house production of semiconductor materials; they outsource the fabrication part to foundries.
D. It involves the integration of hardware and software in semiconductor production.
Incorrect. While fabless companies may design hardware and could also work on related software, the term "fabless" specifically refers to the absence of in-house fabrication, not the integration of hardware and software.
Conclusion:
The correct statement is B, which accurately describes fabless manufacturing. Therefore, the correct answer is (2) B only.