Prelims Power Play 20 October 2023

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1. Minimum Support Price is determined on how many of the following factors

Demand and supply
Cost of production
Price trends in the market, both domestic
Price trends in the international
Inter-crop price parity

Select the correct answer

Only one

Only three

Only four

All five

2. Consider the following pairs

Place – Bordering country

Gaza – Jordan
West Bank – Egypt

Which one of the above is correct?

1 only

2 only

1 and 2 both

None

3. Operation Chakra recently in news is a

Border security along Indo-China border

Anti-Naxal operations in Central India

Anti -Insurgency operations in NE

Operations against cyber-enabled financial fraud

4. A great deal of FDI to India comes from Mauritius than major economies like USA, UK, Japan, and France. Which of the following reason explain this?

India gives presential treatment to Mauritius.

Most citizens in Mauritius are of Indian Origin and so they feel an inclination to invest in India

Impending danger of climate change prompts Mauritius to make huge investments into India.

India has a double taxation Avoidance agreement with Mauritius

5. Consider the following statements regarding MSP

The MSP announced for all farm produce.
The MSP is fixed by Commission for Agricultural Costs and Prices (CACP) under NITI Aayog.
Private traders are mandated to buy agriculture produce at MSP.

How many of the statements given below are correct? Select the correct answer using the code below:

Only one

Only two

All three

None