1. In the context of Sourcex India 2025:
- India is one of the world’s largest producers of textiles, contributing significantly to its export economy.
- The Federation of Indian Export Organisations (FIEO) was established in 1965 to promote India’s exports.
Which of the above is/are correct?
[A] Only 1
[B] Only 2
[C] Both 1 & 2
[D] Nor 1 nor 2
Show Answer
Correct Answer: C [Both 1 & 2]
Notes:- Textile Production (Correct): India holds a prominent position in the global textile industry. The sector is valued at over $200 billion and contributes approximately 2% to India’s GDP. Notably, India is the world’s largest producer of cotton and jute and ranks second in silk production. In terms of exports, India’s textile and apparel exports were valued at $44.4 billion in the fiscal year 2022, underscoring the industry’s significant role in the nation’s export economy
- FIEO Establishment (Correct): The Federation of Indian Export Organisations (FIEO) was established in 1965 to promote and facilitate exports from India, playing a crucial role in enhancing the country’s trade relations. Set up jointly by the Ministry of Commerce, Government of India, and private trade and industry, FIEO represents and supports Indian entrepreneurs and exporters in the global market.
2. Consider the following statements:
- Statement-I: The Digital Crop Survey (DCS) System collects real-time crop data directly from farmers’ fields using a mobile interface.
- Statement-II: Agri Stack, associated with DCS, is designed to ensure farmers’ data privacy and security through encryption and consent-based sharing.
Which one of the following is correct in respect of the above statements?
[A] Both Statement-I and Statement-II are correct and Statement-II explains Statement-I
[B] Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-I
[C] Statement-I is correct, but Statement-II is incorrect
[D] Statement-I is incorrect, but Statement-II is correct
Show Answer
Correct Answer: B [Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-I]
Notes:Statement-I:- This statement is correct. The DCS System has been established to collect crop-sown details via a mobile interface, ensuring data is captured directly from the field. This approach provides accurate, real-time information on crop areas for every agricultural plot, aiding in precise production estimations.
Statement-II:
- This statement is correct. Agri Stack has been developed in accordance with the Digital Personal Data Protection Act, 2023, and other IT laws of India. It ensures complete privacy of farmers’ data by collecting information only with their consent. Farmers have full control over their data, which is shared with authorized entities solely for specific purposes based on their consent
3. With reference to the Climate Resilient Coastal Fishermen Villages (CRCFV) initiative, which of the following statements is/are correct?
- The CRCFV initiative focuses solely on the construction of fishing jetties and fish markets.
The initiative is being implemented under the Pradhan Mantri Matsya Sampada Yojana (PMMSY) with 100% central funding.
The Government of India has approved the development of 100 Coastal Fishermen Villages across all coastal States and Union Territories under this initiative.
Select the correct option from the codes given below:
[A] Only 1 & 2
[B] Only 2 & 3
[C] Only 1 & 3
[D] 1, 2 & 3
Show Answer
Correct Answer: B [Only 2 & 3]
Notes:- The CRCFV initiative encompasses a broad range of activities aimed at enhancing the resilience and economic vibrancy of coastal fishermen villages. These activities include not only the development of fishing jetties and fish markets but also fish drying yards, processing centers, ice plants, cold storages, emergency rescue facilities, and other infrastructure to support sustainable livelihoods and climate-adaptive measures.
- The CRCFV initiative is funded under PMMSY with 100% central funding, with an allocation of ₹200 crore for 100 villages (₹2 crore per village).
- The Government of India has approved the development of 100 Coastal Fishermen Villages across all coastal States and Union Territories under this initiative.
4. Consider the following statements:
- Statement-I: MGNREGA aims to provide legal guarantee for at least 100 days of unskilled wage employment in a financial year to every rural household.
- Statement-II: The act was enacted to enhance livelihood security in rural areas and reduce rural-urban migration.
With reference to the above statements, which of the following is/are correct?
[A] Both Statement-I and Statement-II are correct and Statement-II explains Statement-I
[B] Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-I
[C] Statement-I is correct, but Statement-II is incorrect
[D] Statement-I is incorrect, but Statement-II is correct
Show Answer
Correct Answer: A [Both Statement-I and Statement-II are correct and Statement-II explains Statement-I]
Notes:Statement-I:- This statement is correct.
- MGNREGA guarantees 100 days of wage employment for rural households, ensuring a safety net for the rural poor.
Statement-II:
- This statement is correct.
- MGNREGA was designed to improve rural livelihoods and mitigate the push factors for rural-urban migration.
5. Consider the following statements:
- Statement-I: The Indian government issues dated securities to manage its fiscal deficit and public debt.
- Statement-II: Dated securities provide a fixed coupon rate, ensuring regular interest payments to investors.
Which of the following is/are correct in respect of the above statements?
[A] Both Statement-I and Statement-II are correct and Statement-II explains Statement-I
[B] Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-I
[C] Statement-I is correct, but Statement-II is incorrect
[D] Statement-I is incorrect, but Statement-II is correct
Show Answer
Correct Answer: A [Both Statement-I and Statement-II are correct and Statement-II explains Statement-I]
Notes:Statement-I:- This statement is correct. The Indian government issues dated securities as a means to finance its fiscal deficit and manage public debt effectively. The Indian government issues dated securities (also known as Government of India (GoI) Bonds) as a means to manage its fiscal deficit and public debt. These securities are long-term debt instruments with a fixed maturity period.
Statement-II:
It is also correct: Dated securities typically offer a fixed coupon rate, meaning they provide regular interest payments (semi-annually or annually) to investors. This ensures stable returns.
