Ten MCQs on current International and national events - 98

PRERNA FOR IAS

(ASSOCIATE OF SAMKALP)

A-Category MCQs -98

Q1. India's Index of Industrial Production (IIP) recorded a five-month high primarily due to growth in:

1. Manufacturing
2. Electricity generation
3. Capital goods
4. Consumer goods

Select the correct answer:

(a) 1 and 2 only
(b) 2 and 3 only
(c) 1, 3 and 4 only
(d) 1, 2, 3 and 4

Correct Answer: (d) 1, 2, 3 and 4

Explanation: India's IIP grew by 5.1%, the highest in five months, led by strong performance in manufacturing, electricity, capital goods and consumer goods. The growth reflects improving domestic demand, infrastructure investment and industrial confidence. However, mining remained relatively weak, indicating uneven sectoral performance. The editorial notes that sustaining industrial growth requires continued structural reforms, higher private investment, technological upgradation and ease of doing business. UPSC often asks questions linking industrial production with economic growth and employment generation.

Q2. The Centre removed temporary restrictions on bulk petrol and diesel sales because:

(a) Domestic crude oil production increased sharply.
(b) Global energy markets stabilised after easing geopolitical tensions.
(c) India became self-sufficient in petroleum products.
(d) Fuel demand declined significantly.

Correct Answer: (b) Global energy markets stabilised after easing geopolitical tensions.