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PYQ OF THE DAY
Q5. Consider the following statements in respect of RTGS and NEFT: (UPSC CSE 2025)
I. In RTGS, the settlement time is instantaneous while in case of NEFT, it takes some time to settle payments.
II. In RTGS, the customer is charged for inward transactions while that is not the case for NEFT.
III. Operating hours for RTGS are restricted on certain days while this is not true for NEFT.
Which of the statements given above is/are correct?
A. I only
B. I and II
B. I and III
D. III only
Telegram channel link: @sudhagaranirps
PYQ OF THE DAY
Q4. Which of the following statements with regard to recommendations of the 15th Finance Commission of India are correct? (UPSC CSE 2025)
I. It has recommended grants of Rs 4,800 crores from the year 2022-23 to the year 2025-26 for incentivizing States to enhance educational outcomes.
II. 45 % of the net proceeds of Union taxes are to be shared with States.
III. 45,000 crores are to be kept as performance-based incentive for all States for carrying out agricultural reforms.
IV. It reintroduced tax effort criteria to reward fiscal performance.
Select the correct answer using the code given below.
A. I, II and III
B. I, II and IV
C. I, III and IV
D. II, III and IV
Telegram channel link: @sudhagaranirps
PYQ OF THE DAY
Q2. A country's fiscal deficit stands at 50,000 crores. It is receiving 10,000 crores through non-debt creating capital receipts. The country's interest liabilities are 1,500 crores. What is the gross primary deficit? (UPSC CSE 2025)
(a) 48,500 crores
(b) 51,500 crores
(c) 58,500 crores
(d) None of the above
Telegram channel link: @sudhagaranirps
PYQ OF THE DAY
Q2. Consider the following statements:
Statement I: Of the two major ethanol producers in the world, i.e., Brazil and the United States of America, the former produces more ethanol than the latter.
Statement II: Unlike in the United States of America where corn is the principal feedstock for ethanol production, sugarcane is the principal feedstock for ethanol production in Brazil
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 not correct
D. Statement I is not correct but Statement II is correct
Telegram channel link: @sudhagaranirps
PYQ OF THE DAY
Q1. Suppose the revenue expenditure is 80,000 crores and the revenue receipts of the Government are 60,000 crores. The Government budget also shows borrowings of 10,000 crores and interest payments of 6,000 crores. Which of the following statements are correct?
I. Revenue deficit is 20,000 crores.
II. Fiscal deficit is 10,000 crores.
III. Primary deficit is 4,000 crores.
Select the correct answer using the code given below.
A. I and II only
B. II and III only
C. I and III only
D. I, II and III
Telegram channel link: @sudhagaranirps
CA QUIZ OF THE DAY
Q5. In research governance, Persistent Digital Identifiers (PID) primarily help in:
A. Encryption of research data
B. Tracking funding, researchers and outputs
C. Patent examination
D. Peer review
Telegram channel link: @sudhagaranirps
CA QUIZ OF THE DAY
Q4. The Meghalaya Assembly’s resolution against uranium mining frequently refers to constitutional protections under:
A. Fifth Schedule
B. Sixth Schedule
C. Tenth Schedule
D. Twelfth Schedule
Telegram channel link: @sudhagaranirps
CA QUIZ OF THE DAY
Q3. The Bhotekoshi River is a tributary of which river system?
A. Indus
B. Brahmaputra
C. Trishuli-Gandak
D. Teesta
Telegram channel link: @sudhagaranirps
CA QUIZ OF THE DAY
Q2. Which of the following may emerge as longer-term economic consequences of repeated strong El Niño years?
1. Increased food inflation volatility.
2. Greater pressure on groundwater extraction.
3. Increased demand for climate-resilient agriculture.
Select the correct answer.
A. 1 only
B. 1 and 3 only
C. 2 and 3 only
D. 1, 2 and 3
Telegram channel link: @sudhagaranirps
