#prelims question

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Question-1 (23 July 2020) DAILY WISDOM TEST-THE PT QUEST 2020 Q.1.The correct Answers is Answer: A Explanation: Under the Agriculture Infrastructure Fund, Rs. One Lakh Crore will be provided by banks and financial institutions as loans to Primary Agricultural Credit Societies (PACS), Marketing Cooperative Societies, Farmer Producers Organizations (FPOs), Self Help Group (SHG), Farmers, Joint Liability Groups (JLG), Multipurpose Cooperative Societies, Agri-entrepreneurs, Startups, Aggregation Infrastructure Providers and Central/State agency or Local Body sponsored Public Private Partnership Project.

Q.2.  The correct Answers is Answer: C

Q.3.  The correct Answers is Answer: A Explanation: Compulsory licensing is when a government allows someone else to produce a patented product or process without the consent of the patent owner or plans to use the patent-protected invention itself. The TRIPS Agreement does not specifically list the reasons that might be used to justify compulsory licensing. However, the Doha Declaration on TRIPS and Public Health confirms that countries are free to determine the grounds for granting compulsory licences, and to determine what constitutes a national emergency. 

Q.4.  The correct Answers is Answer: A Explanation: CPI for Industrial workers CPI(IW) compiled by Labour Bureau. 

Q.5. The correct Answers is Answer: A Explanation: The services sector's significance in the Indian economy has continued to increase, with the sector now accounting for around 55 per cent of the total size of the economy and GVA growth, two-thirds of total FDI inflows into India and about 38 per cent of total exports.

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