Previous year MCQs

UPPSC 2022 GS-I Economy
Question

LB.S. is one of the economic measures taken by the Government of India for financial inclusion. What is L.B.S. in this context ?

Answer & Solution

Answer: (Detailed Solution Below)

Option B: Lead Banking Scheme

Detailed Solution:

The correct answer is “Lead Banking Scheme”.
The Lead Bank Scheme was introduced by the Reserve Bank of India (RBI) in 1969 to promote financial inclusion and ensure that banking services reach all sections of society, especially in rural and remote areas.

Under the scheme, each district in India was assigned to one bank, known as the lead bank, which is responsible for coordinating and monitoring the implementation of various development programs in the district.

Similar Questions:

Kara Kum desert is situated in which of the following countries?
  1. A) Turkmenistan
  2. B) Tajikistan
  3. C) Kirgistan
  4. D) Kazakhstan
Increasing urbanisation creates:

1) Increase in slum population of metropolitan cities
2) Greater concentration of population in large urban centres
3) Sharp decline in quantity and quality of service in urban areas
4) Rapid upgradation of infrastructure facilities
  1. A) 1, 2 and 3
  2. B) 2, 3 and 4
  3. C) 1, 2 and 4
  4. D) All the four
Given below are two statements, one is labelled as Assertion (A) and the other as Reason (R).

Assertion (A): Rainfall occurs in the winter season in mediterranean climate.
Reason (R) : In summer these regions remain under the influence of dry terrestrial winds.

Select the correct answer from the code given below:
Code :
  1. A) (A) is false but (R) is true
  2. B) (A) is true but (R) is false
  3. C) Both (A) and (R) are true but (R) is not the correct explanation of (A)
  4. D) Both (A) and (R) are true and (R) is the correct explanation of (A)
Right to Education has been included into the Fundamental Rights by the
  1. A) Constitution (103th Amendment) Act, 2019
  2. B) Constitution (93th Amendment) Act, 2005
  3. C) Constitution (86th Amendment) Act, 2002
  4. D) Constitution (71th Amendment) Act, 1992
Given below are two statements one is labelled as Assertion (A) and the other as Reason (R).

Assertion (A): Phytoplankton grow in abundance in the limnetic zone.
Reason (R): Limnetic zone is open water zone.

Select the correct answer from the code given below:
Code:
  1. A) (A) is false but (R) is true
  2. B) (A) is true but (R) is false
  3. C) Both (A) and (R) are true but (R) is not the correct explanation of (A)
  4. D) Both (A) and (R) are true and (R) is the correct explanation of (A)
With reference to 45th World Bridge Championship, which of the following statements is/are correct?

1. The Championship was held in Italy.
2. Indian Team won silver medal in the game for the first time.

Select the correct answer from the code given below:
Code :
  1. A) Neither 1 nor 2
  2. B) Both 1 and 2
  3. C) Only 2
  4. D) Only 1
Which of the following Institution/office bring out the Wholesale Price (WPI) data in India?
  1. A) The Reserve Bank of India
  2. B) The Ministry of Commerce and Industry
  3. C) The Ministry of Finance
  4. D) The Ministry of Consumer Affairs, Food and Public Distribution
Which of the following material is bio-degradable ?
  1. A) Glass bottle
  2. B) Plastic cups
  3. C) Aluminium foil
  4. D) Wool
The earth atmosphere is mainly heated by which one of the following ?
  1. A) Long wave terrestrial radiation
  2. B) Scattered solar radiation
  3. C) Reflected solar radiation
  4. D) Short wave solar radiation
Who was the founder of ‘Satyashodhak Samaj’ having its primary emphasis on the seeking of truth?
  1. A) Tarabai Shinde
  2. B) M. G. Ranade
  3. C) Jyotiba Phule
  4. D) Raja Ram Mohan Roy
Given below are two statements, one is labelled as Assertion (A) and the other as Reason (R)

Assertion (A): There is a positive relation between Human Development Index (HDI) and Sustainable Development Goals (SDG) ranking of Indian State.
Reason (R): The underlying dimension of SDG targets are closely related to education and health aspect.

Select the correct answer from the codes given below:
Codes:
  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
The most appropriate measure of a country’s economic growth is its:
  1. A) Gross Domestic Product (GDP)
  2. B) Net Domestic Product (NDP)
  3. C) Net National Product (NNP)
  4. D) Per Capital Product (PCP)