Q1. Who is the ex officio chairperson of Niti Aayog?
Explanation
NITI Aayog's official organisational structure lists the Prime Minister as its Chairperson. Thus, the ex officio chairperson is the Prime Minister, making option C correct.
General Knowledge is a Indian Economy topic in the RAS/RPSC syllabus. This page gathers exam-style General Knowledge multiple-choice questions with correct answers and explanations, so aspirants can test recall and revise frequently examined concepts.
Practice 8 General Knowledge multiple-choice questions with detailed answers and explanations. Ideal for RAS/RPSC exam preparation.
Reviewed by: Aspirant Academy Editorial Team
Q1. Who is the ex officio chairperson of Niti Aayog?
Explanation
NITI Aayog's official organisational structure lists the Prime Minister as its Chairperson. Thus, the ex officio chairperson is the Prime Minister, making option C correct.
Q2. Which is the largest Tungsten producing country in the world ?
Explanation
USGS mineral statistics identify China as the dominant producer in world tungsten mine production. Among the given options, China is therefore the largest tungsten-producing country. Hence B is correct.
Q3. The effect of increase in repo rate is —
Explanation
An increase in the repo rate makes borrowing from the Reserve Bank costlier and discourages banks from taking such funds. This reduces liquidity or money supply available with commercial banks, so option A is correct.
Q4. Operation Swarn, announced in September 2017, is related to which of the following sectors?
Explanation
Project Swarn was launched by the Ministry of Railways to improve the passenger experience in Rajdhani and Shatabdi trains. Since it was a railway upgradation project, option A is correct.
Q5. What is the share of service sector in India's gross value added in year 2017-18 ?
Explanation
The Economic Survey 2017-18 states that the services sector had a 55.2 per cent share in India's gross value added. Therefore, option D is correct.
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