Previous year MCQs

Current Affairs UPPSC 2024 GS-I
Question

According to the Economic Survey, 2022-23, what fiscal policy response did the Government of India undertake in response to the aggravated global supply disruptions?

1. Decreasing food and fertiliser subsidies
2. Increasing taxes on fuel and imported products
3. Reducing taxes on fuel and certain imported products

Select the correct answer from the codes given below:

Answer & Solution

Answer: (Detailed Solution Below)

Option A: Only 3

Detailed Solution:

The correct answer is “Only 3”.

In response to the aggravated global supply disruptions, the Government of India took the fiscal policy step of reducing taxes on fuel and certain imported products. This was part of its strategy to manage inflation and alleviate the impact of rising global costs, particularly on key commodities like fuel​.

Similar Questions:

With reference to "Lunar Polar Exploration Mission" (LUPEX), which of the following statements is/are correct?

1. This is an India – Japan partnership for their joint moon mission which shall be launched in the future.
2. JAXA is responsible for developing the lander for the mission, while ISRO is handling the rover and launch vehicle.

Select the correct answer from the codes given below:
  1. A) Only 2
  2. B) Neither 1 nor 2
  3. C) Only 1
  4. D) Both 1 and 2
Which of the following Country had won the Kabbaddi World Cup Tournament held in Mumbai in January 2007.
  1. A) Bangladesh
  2. B) India
  3. C) Iran
  4. D) Japan
"Hydrocarbon Vision 2025" is associated with:
  1. A) Storage of petroleum products
  2. B) Euro I and Euro II vehicles
  3. C) Green House effect
  4. D) None of the above
According to a recent news (March 2013) the Indian Space Research Organisation (ISRO) and United States Space Agency NASA, have agreed to form a working group for cooperation in which of the following endeavours?
  1. A) Moon and Mars Missions of future
  2. B) Meteorology and Space Exploration
  3. C) Heliophysics
  4. D) All the above
Which of the following organization has launched "The Great Reset" Initiatives for the recovery of global economy during the Post Covid – 19 phase ?
  1. A) World Economic Forum
  2. B) World Bank
  3. C) OECD
  4. D) UNCTAD
Consider the following events and arrange them in correct chronological order starting from the earliest to the last activity:

1. Royal Indian Navy Revolt
2. Announcement of Cabinet Mission
3. Formation of Interim Government
4. Arrival of a UK Parliamentary Delegation in Delhi

Select the correct answer from the codes given below:
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  2. B) 4,1,2,3
  3. C) 4,2,1,3
  4. D) 2,4,1,3
Among the following who was conferred Padma Vibhushan in 2013?
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  2. B) Dr. Kanak Rele
  3. C) Dr. V. K. Saraswat
  4. D) Prof. R. Narasimha
Given below are two statements:

Assertion (A): "Shiksha-Mitra Yojna" provides opportunity to rural youth to serve their own villages by providing education.
Reason (R): Its objective is to maintain teacher taught radio as preforms. In the context of the above, which one of the following is correct?
  1. A) Both (A) and (R) are true and (R) is the correct explanation of (A).
  2. B) Both (A) and (R) are true, but (R) is not the correct explanation of (A).
  3. C) (A) is true, but (R) is false.
  4. D) (A) is false, but (R) is true.
Rural Sanitation Strategy launched by Ministry of Jal Shakti in September 2019 relates to which of the following periods?
  1. A) 2019-2035
  2. B) 2019-2029
  3. C) 2019-2022
  4. D) 2019-2024
Who won the 2013 Pritzker Architecture Prize which is considered to be the Nobel Prize in architecture, announced in March 2013 in Los Angeles?
  1. A) Renzo Piano
  2. B) Tadao Ando
  3. C) Toyo Ito
  4. D) Wang Su
Where was the first world summit on social development under the aegis of UNESCO held?
  1. A) London
  2. B) New York
  3. C) Paris
  4. D) Copenhagen
The committee which has recommended abolition of Tax Rebates under section 88 of the Income Tax Act of India, is
  1. A) Chelliah Committee
  2. B) Kelkar Committee
  3. C) Shome Committee
  4. D) Rangarajan Committee