🕸️BPSC WEB🕸️
Open in Telegram
Building interlinkages for holistic BPSC Preparation CONTACT DETAILS : Telegram id @Civils_web_BPSC_web_Support
Show more5 085
Subscribers
+824 hours
+377 days
+59330 days
Posts Archive
5 086
Repost from 🕸️CIVILS-WEB🕸️
Consider the following statements: (2020)
1. The weightage of food in Consumer Price Index (CPI) is higher than that in Wholesale Price Index (WPI).
2. The WPI does not capture changes in the prices of services, which CPI does.
3. The Reserve Bank of India has now adopted WPI as its key measure of inflation and to decide on changing the key policy rates.
Which of the statements given above is/are correct?
(a) 1 and 2 only
(b) 2 only
(c) 3 only
(d) 1, 2 and 3
Statement 1 is correct: The weightage of food in Consumer Price Index (CPI) is nearly 50% which is more than in Wholesale Price Index (WPI).
Statement 2 is correct: CPI captures the changes in price levels of both goods and services however WPI only captures changes in goods and not in services.
Statement 3 is not correct: The RBI seeks to control inflation at the consumer level and hence, takes CPI for making changes in key policy rates.
5 086
Repost from 🕸️CIVILS-WEB🕸️
Check out the weights of different commodities under food and beverages component of CPI
5 086
Repost from 🕸️CIVILS-WEB🕸️
Consider the statements regarding the various inflation indices published in the country:
1) Wholesale Price Index (WPI) does not represent the inflation in services
2) Consumer Price Index (CPI) represents the inflation in goods and services
3) CPI and WPI represent the inflation of imported goods also
4) GDP deflator captures the inflation of the goods and services produced domestically
5 086
Repost from 🕸️CIVILS-WEB🕸️
Consider the following statements regarding ‘Monetary Policy Committee’
1. statutory under RBI Act 1934
2. inflation target set by RBI
3. Target is revised every 6 years.
4. Finance Minister is the ex-officio chairman of the monetary policy committee.
5. The committee is answerable to the Government if the inflation target is exceeded for 2 consecutive quarters
https://t.me/upsc_with_twinkle
Correct ?
5 086
When you yourself can not do never ask someone else to
Or may be when you yourself are doing something never prohibit others to do same thing.
It lowers the value and trust in your words
5 086
Repost from 🕸️CIVILS-WEB🕸️
Which one of the following wetlands is the largest wetland located in the upper Paraguay river basin of Brazil's border with Bolivia and Paraguay?
5 086
Repost from 🕸️CIVILS-WEB🕸️
The Cerrado, which is the world’s most biodiverse savanna, has been severely affected due to fires in the region. Cerrado is located in:
5 086
Himachal Pradesh becomes ‘fully literate State’ - https://www.thehindu.com/news/national/himachal-pradesh/himachal-pradesh-becomes-fully-literate-state/article70026151.ece For the best experience read this on The Hindu App. https://bit.ly/THNewsApp
5 086
He quit college to join the non-cooperation movement, before going to study at the University of California, Berkeley, where he was influenced by the ideas of Karl Marx. He is one of the founding members of the Congress Socialist Party (CSP). He is
5 086
Consider the following:
1. Respect the National Song of India = FALSE
2. Renounce practices derogatory to the dignity of women
3. Abjure violence
4. Render military service when called upon to do so = FALSE
RENDER NATIONAL SERVICE.......NOT MILITARY SERVICE
Which of the above is/are Fundamental Duties under the Constitution of India?
5 086
Consider the following statements.
1. The writ, Mandamus can be issued against both Public Authorities and Private Individuals. FALSE
2. Mandamus can be issued to enforce a contractual obligation. FALSE
3. Mandamus cannot be issued against the Governor of a State
TRUE
4. Mandamus can be issued against a state to refund the tax collected unlawfully. TRUE
How many of the statements given above are correct ?
[ HPSC - 2023 ]
