Q1) In the context of the Indian textile sector, the "5F" Vision represents a comprehensive value chain. Which of the following correctly identifies the stages of the 5F Vision?
Answer: B
Solution: The 5F Vision stands for Farm to Fibre to Factory to Fashion to Foreign. It aims to strengthen the entire value chain from cotton cultivation (Farm/Fibre) to garment manufacturing (Factory/Fashion) and finally to global exports (Foreign).
Q2) Which of the following pests is a major challenge for Indian cotton farmers and is specifically targeted for resistance-building under the Cotton Productivity Mission?
Answer: B
Solution: The Pink Bollworm is the most destructive pest for cotton in India. It has developed resistance to older Bt-cotton varieties in several regions, leading to significant yield losses. The new mission focuses on R&D to develop varieties resistant to this specific pest.
Q3) The Union Cabinet recently approved an agreement with Shanghai Cooperation Organisation (SCO) member countries alongside the Cotton Mission. What is the primary focus of this agreement?
Answer: C
Solution: The agreement with SCO members focuses on Agricultural Trade and Plant Quarantine to ensure safe, pest-free trade of agricultural commodities and to enhance regional food security.
Q4. The Nagda – Mathura multi-tracking project, one of the three recently approved railway projects, passes through which of the following sets of states?
Answer: B
Solution: The Nagda – Mathura route (568 km) is a critical stretch of the Delhi-Mumbai main line and passes through Madhya Pradesh, Rajasthan, and Uttar Pradesh.
Q5) Which of the following concepts were introduced or popularized by Adam Smith in his 1776 work, "The Wealth of Nations"?
The Division of Labour
Free-market Capitalism
Theory of Surplus Value
The Invisible Hand
Select the correct answer using the code given below:
Answer: C
Solution: Adam Smith is famous for the Division of Labour, Free-market Capitalism, and the Invisible Hand. The Theory of Surplus Value is a central concept of Karl Marx, not Adam Smith.