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Which of these statements are not correct:

1. There may be times when demand exceeds available output under conditions of low utilisation of labour and economy

2. The intervention of the government whether to expand demand or reduce it constitutes the stabilisation function

BPSC WEB๐Ÿ•ธ๏ธCIVILS WEB
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Class 12 NCERT, ECONOMY
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ยฉ๏ธBPSC WEB
Assertion: When interest rates go up, people become more interested in holding money
Reason: A rise in income will lead to rise in demand for money Select the correct code:
Anonymous Quiz
19%
a. Both A and R are true and R is the correct explanation of A.
28%
b. Both A and R are true but R is not a correct explanation of A.
17%
c. A is true but R is false.
35%
d. A is false but R is true.
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Class 12 NCERT, ECONOMY
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Forwarded from SRIJAN BPSC - ๐Ÿ•ธBPSC WEB๐Ÿ•ธ (Aเบฎั’uโ€ oเบฎั’)
Correct About Money supplyโœ…

1. M1: most liquid 2. M3: least liquid 3. M4: aggregate monetary resource
Anonymous Quiz
29%
All
20%
1&2
28%
1&3
24%
None
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Forwarded from SRIJAN BPSC - ๐Ÿ•ธBPSC WEB๐Ÿ•ธ (๐Ÿ•ธ๏ธCIVILS/BPSC web Support๐Ÿ•ธ๏ธ)
๐‚๐จ๐ซ๐ซ๐ž๐œ๐ญ ๐€๐ง๐ฌ๐ฐ๐ž๐ซ - ๐€) ๐Œ๐ข๐ฌ๐ฌ๐ข๐จ๐ง ๐Œ๐š๐ฎ๐ฌ๐š๐ฆ

Mission Mausam has been approved by the to Make Bharat Climate smart and Weather ready by 2026.
It is a multi-faceted and transformative initiative to tremendously boost India's weather and climate-related science, research, and services. As part of the Mission Mausam, India will exponentially expound research and development, and capacity in atmospheric sciences, especially weather surveillance, modeling, forecasting, and management.
It will help farmers, industries, citizens and the government itself, in tackling and preparing for extreme weather events and the impacts of climate change.
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*Correct Answer - B) 70*

The Pradhan Mantri Jan Arogya Yojana is the world's largest publicly funded healthcare scheme, providing health coverage of up to โ‚น5 lakh per family per year.

The government has now extended healthcare to all senior citizens of 70 years and above, irrespective of their economic status.
.
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*Correct Answer - C)* Mariyappan Thangavelu

Mariyappan Thangavelu scripted history by becoming the first ever Indian para-athlete to win medals at three consecutive Paralympics. After the Rio 2016 gold medal and Tokyo 2020 silver medal, he won his third Paralympics bronze medal, in the menโ€™s high jump at the Paris 2024 Paralympics.

In recognition of his contributions to sports, the government awarded Mariyappan with the Padma Shri and Arjuna Award in 2017 and the Major Dhyan Chand Khel Ratna in 2020.
*Correct Answer - A) iPhone 16*

The world is all set to receive a completely made in India iPhone 16. This is the first time a global product, made in India, will be distributed worldwide. For the first time, even the iPhone 16 Pro and iPhone 16 Pro Max models will be shipped overseas from Indian factories!
This will mark a major milestone for Indiaโ€™s growing manufacturing sector and a success story of PM Modiโ€™s Make-in-India initiative.
*Correct Answer - D) 29*

India achieved its highest ever medal tally of 29, with 7 gold medals, at the recent Paris Paralympics 2024.

India at an impressive 18th spot.
Out of all the 60 medals India had won across all Paralympic Games, 29 came from the 2024 Paris Paralympics and 19 came from the 2020 Tokyo Paralympics.
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๐‚๐จ๐ซ๐ซ๐ž๐œ๐ญ ๐€๐ง๐ฌ๐ฐ๐ž๐ซ - ๐€) ๐Ÿ”๐Ÿ–๐Ÿ.๐Ÿ”๐Ÿ–๐Ÿ– ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐”๐’๐ƒ

India has recorded its highest ever foreign exchange reserves at the amount of $681.688 billion USD! compared to $304.2 billion in 2014 

In 2024 alone it increased by $60 billion Us Dollars.

India holds the 4th highest forex reserves in the world.

Current India's forex reserves are sufficient to cover one year of projected imports in case of an emergency. This reflects India's growing economic stability.
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Answer: (B) Singapore

The great saint Thiruvalluvar is one the most prolific poets and philosophers of Tamil literature.

PM Modi during his recent visit announced the establishment of the first ever Thiruvalluvar Cultural Center in Singapore.

This institution aims to offer a comprehensive exploration of Tamil language, heritage, and literature. The establishment of this center aligns with the Indian government's broader vision to promote a deeper appreciation of the country's diverse cultural legacy and strengthen cultural ties across the globe.
India is becoming a global tourism hotspot!

Ranked 8th with a contribution of $231.6 billion to our GDP in 2023 and an estimated 330 million jobs projected for 2024, the tourism industry is a pivotal catalyst for India's economic development.
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๐‚๐จ๐ซ๐ซ๐ž๐œ๐ญ ๐€๐ง๐ฌ๐ฐ๐ž๐ซ - ๐ƒ) ๐Ÿ”๐ŸŽ ๐‹๐š๐ค๐ก

The Union Cabinet, chaired by Prime Minister Narendra Modi, recently approved Kaynes Semicon Pvt Ltd's proposal to set up a semiconductor unit in Sanand, Gujarat. This unit, with an investment of โ‚น3,300 crore and a daily capacity of 60 lakh chips, is part of the government's initiative to develop a robust semiconductor ecosystem in India.

This is the 5th semiconductor manufacturing plant being set up in India.

In 2023 and 2024, 4 semiconductor units were approved by the Union Cabinet with Micron Technologies and CG Power setting up 1 unit each and Tata Technologies setting up two units. These 4 units will bring an investment of almost Rs 1.5 Lakh crore and have cumulative capacity of 7 crore chips per day.
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Answer: (B) Haryana

AIIMS Delhi has collaborated with Osaka University of Japan to set up a centre in Haryanaโ€™s Jhajjar to develop medical devices.

The National Centre for Medical Device Development, Validation and Skill Training will train Indian surgeons,doctors, and biomedical engineers to design, develop, and test medical devices, said officials.

The technology will give a huge boost to medical device manufacturing in India.
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Answer: (B) INS Arighat

INS Arighat is India's second nuclear-powered submarine, recently commissioned into the Indian Navy. This advanced submarine enhances India's strategic capabilities and strengthens the country's maritime security.

It follows in the footsteps of INS Arihant, the first submarine of its class, and is a significant milestone in India's journey towards a self-reliant defense ecosystem.
Correct Answer B - 50%

Under the newly introduced Unified Pension Scheme (UPS), pensioners are assured of receiving 50% of their basic pay plus dearness relief, which is tied to the inflation index. This provision ensures a stable and predictable income for retirees, protecting them from the eroding effects of inflation and maintaining their standard of living post-retirement.
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