Quiz:1598

👉Explaination👇

✅ANSWER: B

🚫S1 is wrong – Many services such as Kerosene, fertilizers, educational services, LPG etc are subsidized by the Government, yet the market is free to determine their price.

⭕ It is different matter to what the consumer pays in the end, but the fact is that the actual price is decided by the market.


✅S2 is correct – the subsidies do not allow prices to indicate the supply of a good.

⭕When electricity and water are provided at a subsidized rate or free, they will be used wastefully without any concern for their scarcity.

⭕ If the price was instead higher, consumption would be prudent and value the good’s scarcity.

Quiz: 1599


👉 ANSWER: C

🔴 EXPLANATION

✅Statement 1 and 3 are correct.

🚫Statement 2 is incorrect.

Imposing restrictions on exports will increase domestic supply of pulses and oilseeds. Thus, reducing inflation in the country.

⭕Stock limits in Essential Commodities act were imposed to check the hoarding of goods. Thus if these stock limits will be increased then some people/traders will stock more and this will reduce📉 supply in the market. Thus it will increase inflation.

⭕The step to increase CRR is taken by RBI under monetary measures. It reduces the money supply in the economy. Thus increasing CRR results in reduced inflation.

Quiz:::1600

⭕ What is moonlighting?

✅Moonlighting is the act of working at an extra job beyond regular working hours, usually without the knowledge of the employer.

✅Since the side job was mostly at nighttime or on weekends, it was referred to as moonlighting

⭕Swiggy's moonlighting policy👇

https://indianexpress.com/article/explained/explained-economics/explained-swiggys-moonlighting-policy-gigs-beyond-regular-job-8108919/

⭕ READ HERE Whether moonlighting is legal in India👇

https://m.timesofindia.com/business/india-business/explained-what-is-moonlighting-and-is-it-legal-in-india/amp_articleshow/93704728.cms

Q.1601) With reference to trade aspects of Cotton in WTO, Which of the following countries are under the "Cotton 4" or C4 ?

1. Burkino Faso

2. Chad

3. Mali

4. Congo

Q.1602) Consider the following statements with reference to WTO.

1. WTO members facing balance of payment difficulty may apply import restrictions under the General Agreement on Trade in Services (GATS)

2. In the recent WTO Ministerial Conference 2022, the trade ministers agreed on a "Ministerial Declaration on the Emergency Response to Food Insecurity", the first such declaration on this topic adopted by the trade ministers at WTO.

Q.1603) Consider the following statements with reference to United Nations General Assembly (UNGA).

1. Each UN member states in the UNGA has one vote.

2. In the UNGA, votes taken on all issues require a two-third majority of member states

🔴 Dedicated project on 75 events of Modern History, which was in the process ,has been completed!!!

⭕️ Here is a small clip out of that. .....👆👆👆

⭕️Hope you will get the picture of Modern History Events in a graphical manner

✅ The full video will be uploaded on You Tube at 11:30 am , today.....

🙏Thank you!

Regards:CSR Team

🎦A must watch video for every UPSC Aspirant👇

🔴 An accolade to INDIA@75

✅Journey of Modern History in 75 historical events !!!!

https://youtu.be/hqst3aIivkY

✍️ Lines to 'beautify your MAINS'

#Ethics #Essay

✅The Channapatna toy’s unique and traditional craftsmanship has provided the toys with an official Geographical Indication tag by the World Trade Organization.

✅ Did you know that the Channapatna town is called ‘Gombegala Ooru’ (toy town) of Karnataka?

🐍Read 👆Bandhavgarh National Park : Kalchuri period!

🐍The “Shesh Shaiya” depicts Lord Vishnu in a sleeping position reclining on the seven-headed snake - Shesh Nag.

🐍Did you know that this statue is carved out of a single sandstone?

🔴The Maharashtrian theatre form - Tamaasha evolved from other folk forms such as Gondhal, Jagran & Kirtan.

🔴 Did you know that the show elements of Tamaasha - humor, dance & songs played an important part in shaping many practices in Bollywood?