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Q.493) Consider the following statements.

1. The Rowlatt Act aroused bitter resentment among all political activists , but it was only Gandhi who came forward with the suggestion of an All-India mass protest that was to be non-violent.

2. Gandhi and few volunteers signed a "Satyagraha Pledge" to disobey the bill and similar other unjust laws.
Select the correct answer
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PRELIMS FACT BOOSTER - 17

Topic: Economy

Liquidity Trap :

* It's a situation where expansionary monetary policy does not increase the interest rate , income , and hence doesn't stimulate economic growth.

* Prevailing interest rates : low

* Savings rate : high

* in case of a liquidity Trap, people keep their funds in normal savings account (demand deposits) and do not want to lock their investment in fixed deposits at a very low interest rate. They hope that in future the interest rate in the market will rise and then they will invest in bonds or other instruments.

* It is called a "trap" because if investors hold on to cash instead of spending or investing it because they expect the economy to be weak , and the economy will stay weak. Additionally, it is a "trap" because the Central bank cannot lower the interest below zero to stimulate spending/lending.
Q.494) Consider the following statements.

1. Unlike the "No-changers", the "Pro-Changers" under C.R. Das supported the Dyarchy introduced by the 1919 reforms.

2. The Swaraj Party of C.R. Das worked out a compromise between socialism and individualism in its programme of action.

3. The programme of Swaraj Party included mass contact , Hindu-muslim unity and social work , in addition to the main effort directed at wrecking the constitutional reforms from within.
Select the correct answer.
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PRELIMS FACT BOOSTER - 18

Topic: Economy

AUTOMATIC STABILIZERS :

* These are features of economic policies ( particularly tax and transfer systems ) that temper the economy when it overheats and provides economic stimulus when the economy slumps, without direct intervention by policymakers, i.e. they act to dampen fluctuations in Real GDP.

* They act to stabilise economic cycles and are automatically triggered without explicit govt action.

* Examples - Corporate taxes , Personal taxes , transfer systems ( unemployment insurance & welfare ).
Hello aspirants,

Daily Mcqs & Prelims Fact Booster will continue as usual from tomorrow..

Stay tuned !!

Thanks,
CSR
Q.495) Consider the following statements.

1. The Montague-Chemsford Reforms for its part tried to ensure the loyalty of industrialists by providing for their representation (along with that of labour ) in the central and legislative councils.

2. Big industrialists either remained aloof or were directly opposed to mass agitation sanctioned by non-cooperation.

3. If Birla and Bajaj donated huge sums to the Tilak Swaraj Fund, Purushottamdas Thakurdas and R.D. Tata started an Anti-Non-Cooperation Society in Bombay.
Q.496) Consider the following statements about FICCI

1. It was established by GD Birla & Purushottamdas , on the advice of Mahatma Gandhi

2. FICCI was in part , an Indian response to "The Associated Chambers of Commerce" which was an apex body of all European business organizations , established in 1922.
Select the correct answer
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PRELIMS FACT BOOSTER - 19

Topic: Envt / IR / CA

International Center for Integrated Mountain Development (ICIMOD) :

* Regional inter-governmental learning and knowledge sharing center serving the 8 regional member countries of the Hindukush Himalayas - Afghanistan, Pakistan , India, Nepal, Bhutan , Bangladesh, Myanmar, China

* It is based in Kathmandu and was established in 1983.

* Recently, ICIMOD organized the International Conference on "Resilient Hindukush Himalaya - Developing solutions towards a sustainable future for Asia".

* ICIMOD facilitates the "Mount Kailash Sacred Landscape Initiative", involving India , Nepal & China.

* Recent news - ICIMOD recently released the "Hindukush Himalayan Assessment study".
- the study warns that if global efforts to limit global warming to below 2°C above pre-industrial levels fail, it could lead to the melting of two-thirds of the region's glaciers by 2100.
- this trend could be catastrophic, and may lead to glacial lake outbursts.
To ace the prelims through Mains coverage

45 days --- 500 Questions/Answers ( GS 1,2 &3 )

ONLY FOR SERIOUS ASPIRANTS & MUST HAVE COMPLETED THE BASIC PRELIMS SYLLABUS
Q 497) Which of the following is NOT categorised as Least Developed Countries(LDCs) by the United Nations ?
Anonymous Quiz
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Yemen
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Maldives
CSR's IAS - Official UPSC/PSC Preparation Channel pinned «"45 DAYS - MAINS SPRINT" UPDATE - Dear aspirants , Mains has always been the most important part of prepration for CIVILS... In mere 3-4 months after PRELIMS , its hard to achieve the required standard of ANSWER WRITING.... So it's prudent to complete…»
Q.498) Consider the following statements.

1. During the course of national movement , there was a unified capitalist ideology towards nationalism or imperialism.

2. Indian capitalists were afraid of organised labour, left-wing radicalism and mass movement.

3. They evolved a 'class strategy' to guide the nationalist movement into the path of constitutionalism.
Q.499) Consider the following about "Better Than Cash Alliance".

1. It is an UN based Alliance to accelerate the transition from cash to digital based payments 2. India recently joined the alliance in 2019 and shared success stories of PM Jan Dhan Yojna
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PRELIMS FACT BOOSTER - 20

Topic: Current Affairs / history

NATIONAL MARITIME HERITAGE MUSEUM :

* at Lothal ( Gujarat )

* India & Portugal will cooperate

* Implemented by Ministry of Shipping through Sagarmala Project , with the involvement of ASI , state govt & other stakeholders

* The museum will display the India's heritage of inland waterways & trade through water route

* Lothal was chosen because it has lots of archaeological remains , showcasing the trade route through water
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