Question : What is the priority zone of the AMRUT (Atal Mission for Rejuvenation and Urban Transformation) mission, which was launched by the Government of India in 2015?
Option 1: Water supply followed by sewerage
Option 2: Electricity and power generation
Option 3: Primary education for all
Option 4: Health care of urban dwellers
Correct Answer: Water supply followed by sewerage
Solution : The correct option is Water supply followed by sewerage.
The priority zone of the AMRUT (Atal Mission for Rejuvenation and Urban Transformation) mission launched by the Government of India in 2015 is to provide basic services (e.g., water supply, sewerage, urban transport) to households and build amenities in cities that will improve the quality of life for all, especially the poor and the disadvantaged.
Question : Assertion: The Securities and Exchange Board of India (SEBI) promotes investor education.
Reason: SEBI's main function is to issue government bonds to the public.
Option 1: Both assertion and reason are true, and the reason is the correct explanation of the assertion.
Option 2: Both assertion and reason are true, but the reason is not the correct explanation of the assertion.
Option 3: Assertion is true, but the reason is false.
Option 4: Assertion is false, but the reason is true.
Correct Answer: Assertion is true, but the reason is false.
Solution : The correct answer is (c) The assertion is true, but the reason is false.
SEBI is the Securities and Exchange Board of India, and it is the regulatory body for the securities market in India. One of its main functions is to protect the interests of investors, and it does this by promoting investor education and awareness. SEBI offers a variety of investor education resources, including a website, educational videos, and publications. It also conducts investor education workshops and seminars across India.
The reason is false because SEBI does not issue government bonds to the public. Government bonds are issued by the Government of India through the Reserve Bank of India.
Question : Comprehension:
In the following passage, some words have been deleted. Read the passage carefully and select the most appropriate option to fill in each blank.
Education (1)_____ both the teaching and learning of knowledge, proper conduct, and technical competency. It thus (2)____ on the cultivation of skills, trades, or professions, as well as mental, moral, and aesthetic development. Formal education consists of systematic instruction, teaching, and training by (3)____ teachers. This consists of the application of pedagogy and the development of curricula. The right to education is a (4)_____ human right. Educational systems are established to provide education and (5)_______, often for children and the young.
Question:
Select the most appropriate option to fill in the blank number 5.
Option 1: dreams
Option 2: challenges
Option 3: training
Option 4: upbringing
Correct Answer: training
Solution : The correct choice is the third option.
While education is a fundamental aspect of educational systems, it gives you only theoretical knowledge. So, training is also an important part of the application of education.
In the given paragraph, the relationship between education and training is emphasised for the betterment of the education system.
So, among the other given options, "training" is the most appropriate choice.
Question : Case Study 17:
JKL Inc. is a startup in the education sector aiming to raise funds for developing online learning platforms.
Question :
To raise short-term funds for marketing its online learning platforms, which money market instrument might JKL Inc. use?
Option 1: Corporate bond
Option 2: Call money
Option 3: Commercial paper
Option 4: Treasury bill
Correct Answer: Commercial paper
Solution : The correct answer is (c) Commercial paper.
Commercial paper is a short-term, unsecured debt instrument issued by corporations, typically with maturities ranging from a few days to a year. It is a common choice for businesses seeking short-term funds to finance various operational needs, including marketing initiatives. In summary, commercial paper offers JKL Inc. a swift and cost-effective means of raising short-term funds for marketing its online learning platforms, aligning well with their needs for timely financial support in this context.
Question : The "knowledge spillover" effect refers to:
Option 1: The transfer of knowledge from one firm to another in the same industry
Option 2: The dissemination of knowledge to the general public
Option 3: The impact of education on individual earnings
Option 4: The interaction between human capital and physical capital
Correct Answer: The transfer of knowledge from one firm to another in the same industry
Solution : The correct answer is (a) The transfer of knowledge from one firm to another in the same industry
The "knowledge spillover" effect refers to the unintentional transmission or diffusion of knowledge and ideas from one entity to another, resulting in benefits or advantages beyond the original recipient. In the context of economics, it often refers to the transfer of knowledge between firms operating in the same industry or related industries.
When one firm develops new technologies, processes, or innovations, there is a possibility that this knowledge will spill over to other firms, leading to productivity gains, improved processes, or the development of new products and services within the industry. These spillover effects can enhance the overall competitiveness and efficiency of the industry as a whole.
Question : The West Bengal government has launched the "Paray Shikshalaya" programme. This initiative supports _______.
Option 1: open-air classroom
Option 2: financial assistance for girl child
Option 3: blackboard distribution in every school
Option 4: higher education for class 10th students
Correct Answer: open-air classroom
Solution : The correct answer is the open-air classroom.
The West Bengal government launched the outdoor learning programme "Paray Shikshalaya" in Kolkata for pupils below the eighth grade. Encouragement to pursue further education is the goal of this programme for students who left school during the COVID-19 pandemic.
Question : Inclusion of persons with disabilities requires:
Option 1: Segregation in special institutions
Option 2: A shift towards inclusive education and employment
Option 3: Limiting their participation in public life
Option 4: Focusing solely on medical interventions
Correct Answer: A shift towards inclusive education and employment
Solution : Correct Option: Option 2
Explanation: Inclusion of persons with disabilities requires a shift towards inclusive education and employment, where they are provided with equal opportunities to learn, work, and contribute to society alongside their non-disabled peers.
Question : Statement 1: The literacy rate in India is higher than in Pakistan and China.
Statement 2: Government initiatives and increased access to education have contributed to higher literacy rates in India.
Option 1: Both statements are true.
Option 2: Both statements are false.
Option 3: Statement 1 is true, Statement 2 is false.
Option 4: Statement 2 is true, Statement 1 is false.
Correct Answer: Statement 1 is true, Statement 2 is false.
Solution : The correct answer is (c). Statement 1 is true, but Statement 2 is false.
Statement 1 is true. According to the World Bank, the literacy rate in India is 74.4 %, while the literacy rates in Pakistan and China are 64.7 % and 96.8 %, respectively.
Statement 2 is false. While government initiatives and increased access to education have contributed to higher literacy rates in India, they are not the only factors. Other factors include economic growth, social change, and cultural values.
In fact, India's literacy rate has been steadily increasing over the past few decades, but it is still lower than the literacy rates in many other countries. There are still many challenges to overcome in terms of providing education to all Indians, especially those in rural areas and marginalized communities.
Question : Assertion (A): Literacy is a part of education, which is a more general idea.
Reason (R): If a person can read and write in any language, they are said to be literate. A person is considered educated if he or she can work and make a living.
Option 1: Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation
of Assertion (A).
Option 2: Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation
of Assertion (A).
Option 3: Assertion (A) is true but Reason (R) is False
Option 4: Assertion (A) is False but Reason (R) is true.
Correct Answer: Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation
of Assertion (A).
Solution : A person is considered literate if they are seven years old or older and can understandably read and write in any language. A person is not literate if they can just read and cannot write.
Literacy is part of the concept of education.
Hence option a is the correct answer.
Question : Comprehension:
In the following passage, some words have been deleted. Fill in the blanks with the help of the alternatives given. Select the most appropriate option for each number.
Malti had to wait long to see her son, Abhik. She had worked hard to (1)______ her husband’s last wish that Abhik should (2)______ his higher education at Cambridge. Abhik (3)______ to be meritorious and hardworking and had secured a seat. Making ends meet was (4)______ and a trip back home in the vacation, (5)______ for the mother and son.
Question:
Select the most appropriate option to fill in the blank no. 1.
Option 1: produce
Option 2: fulfil
Option 3: perform
Option 4: finish
Correct Answer: fulfil
Solution : The correct choice is the second option.
Fulfil is the appropriate word to fill in the blank, as it helps convey that the mother wanted to do what she promised her husband, which was his last wish.
Therefore, the right word to fill in the blank is fulfil.