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Daily UPSC Prelims Current Affairs – February 15, 2023 [Mock Test]
Daily UPSC Prelims Current Affairs – February 15, 2023 [Mock Test]
![Daily UPSC Prelims Current Affairs – February 15, 2023 [Mock Test]](https://i0.wp.com/www.gktoday.in/wp-content/uploads/2023/02/unnamed-1.png?fit=300%2C200&ssl=1)
1. According to data from the Association of Mutual Funds in India, which of the following states are in the list of top ten states having the maximum mutual fund penetration in India?
- Kerala
- Telangana
- Goa
- Maharashtra
- Jharkhand
Choose the correct answer using the codes given below:
[A] Only 1, 2 & 3
[B] Only 2, 4 & 5
[C] Only 3, 4 & 5
[D] 1, 2, 3, 4 & 5
Show Answer
Correct Answer: C [Only 3, 4 & 5]
Notes:- According to data from the Association of Mutual Funds in India, Maharashtra, New Delhi and Goa have the maximum mutual fund penetration in India, due to high income levels, high literacy rates and substantial inflows rom corporations and high net-worth individuals (HNIs).
- While Jharkhand is one of the top 10 states with a depth of 13%, MF penetration is barely 5-6% in Telangana and Kerala. Jharkhand ranks 16th in terms of per capita AUM (Rs 10, 750) despite having a higher penetration.
- The highest per capita AUMs are in New Delhi, Goa and Maharashtra. These are the only three states where the per capita AUM exceeds Rs. 1 lakh.
- The states with the lowest per capita AUM are Manipur, Bihar and Tripura.
- Kerala, Andhra Pradesh, Telangana and Bihar have the lowest penetration rates among large states.
2. Which of the following pairs of handicrafts and their respective states are correctly matched?
- Usta art – Kerala
- Kota Doria – Rajasthan
- Bagru hand block printing – Himachal Pradesh
- Thewa – Assam
Select the correct answer using the codes given below:
[A] Only 2
[B] Only 1 & 3
[C] Only 2, 3 & 4
[D] 1, 2, 3 & 4
Show Answer
Correct Answer: A [Only 2]
Notes:
Usta art is from Rajasthan’s Bikaner, not Kerala. Kota Doria is a traditional handwoven fabric from Kota, Rajasthan. Bagru hand block printing is a craft of Rajasthan, not Himachal Pradesh. Thewa jewelry originated in Pratapgarh, Rajasthan, not Assam. Only the second pair (Kota Doria – Rajasthan) is correctly matched.
3. Consider the following statements:
- The i-ATS system is India’s first indigenously developed Train Control and Supervision System.
- India is the fourth country to develop its own ATS products after France, Japan, and China.
Which of the above statements is/are correct?
[A] Only 2
[B] Both 1 and 2
[C] Only 1
[D] Neither 1 nor 2
Show Answer
Correct Answer: C [Only 1]
Notes:
Statement 1 is correct as i-ATS is India’s first indigenously developed Train Control and Supervision System. Statement 2 is incorrect because India became the sixth country, not the fourth, to have its own ATS products, after France, Germany, Japan, Canada, and China. Thus, only statement 1 is correct.
Originally written on
February 28, 2023
and last modified on
February 28, 2023.
Tags: upsc prelims test series 2023
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