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Consider the following statements:
1. The Computer Software & Hardware sector received the highest amount of Foreign Direct Investment inflow last two years.
2. India's share in the world's commercial services exports has risen steadily over the past decade.
Which of the statements given above is/are correct?
Statement 1 is incorrect. The Computer Software & Hardware sector received the second-highestinflow of Foreign Direct Investment in the last two years.
Statement 2 is correct. According to WTO data, India's share in the world's commercial services exports has risen steadily over the past decade to reach 3.5 per cent in 2018, twice the share in the world's merchandise exports at 1.7 per cent.
Statement 1 is incorrect. The Computer Software & Hardware sector received the second-highestinflow of Foreign Direct Investment in the last two years.
Statement 2 is correct. According to WTO data, India's share in the world's commercial services exports has risen steadily over the past decade to reach 3.5 per cent in 2018, twice the share in the world's merchandise exports at 1.7 per cent.
The Manufacturing Purchasing Managers' Index (PMI) is a diffusion index incorporating survey results conducted on manufacturing firms throughout India. It is published by
The Manufacturing Purchasing Managers' Index (PMI) is a diffusion index incorporating survey results conducted on manufacturing firms throughout the country. It is compiled by IHS Markit from responses to monthly questionnaires sent to purchasing managers in a panel of around 400 manufacturers.
• PMI is an indicator of business activity-both in the manufacturing and services sectors.
• It is a survey-based measure that asks respondents about changes in their perception of some key business variables from the month before.
• It is calculated separately for the manufacturing and services sectors and then the composite index is constructed.
• The index figure above 50 denotes expansion in business activity and anything below 50 denotes contraction.
• PMI is usually released at the start of the month, much before most of the official data on industrial output, manufacturing and GDP growth is made available. It is, therefore, considered a good leading indicator of economic activity.
• Manufacturing growth measured by PMI is considered a good indicator of industrial output.
The Manufacturing Purchasing Managers' Index (PMI) is a diffusion index incorporating survey results conducted on manufacturing firms throughout the country. It is compiled by IHS Markit from responses to monthly questionnaires sent to purchasing managers in a panel of around 400 manufacturers.
• PMI is an indicator of business activity-both in the manufacturing and services sectors.
• It is a survey-based measure that asks respondents about changes in their perception of some key business variables from the month before.
• It is calculated separately for the manufacturing and services sectors and then the composite index is constructed.
• The index figure above 50 denotes expansion in business activity and anything below 50 denotes contraction.
• PMI is usually released at the start of the month, much before most of the official data on industrial output, manufacturing and GDP growth is made available. It is, therefore, considered a good leading indicator of economic activity.
• Manufacturing growth measured by PMI is considered a good indicator of industrial output.
Consider the following statements:
1. The services sector in India accounts for around 55 per cent of the total size of the economy and Gross Value Added (GVA) growth.
2. The services sector accounts for one-third of total Foreign Direct Investment in the country.
Which of the statements given above is/are correct?
Statement 1 is correct. The services sector's significance in the Indian economy has continued to increase, with the sector now accounting for around 55 per cent of the total size of the economy and GVA growth, two-thirds of total FDI inflows into India and about 38 per cent of total exports. Hence, statement 2 is incorrect.
GVA provides the rupee value for the amount of goods and services produced in India after deducting the cost of inputs and raw materials that have gone into the production of those goods and services.
Source) https://www.indiabudget.gov.in/economicsurvey/doc/vol2chapter/echap09_vol2.pdf
Statement 1 is correct. The services sector's significance in the Indian economy has continued to increase, with the sector now accounting for around 55 per cent of the total size of the economy and GVA growth, two-thirds of total FDI inflows into India and about 38 per cent of total exports. Hence, statement 2 is incorrect.
GVA provides the rupee value for the amount of goods and services produced in India after deducting the cost of inputs and raw materials that have gone into the production of those goods and services.
Source) https://www.indiabudget.gov.in/economicsurvey/doc/vol2chapter/echap09_vol2.pdf
The 'SamagraShiksha' mission subsumes which of the following Centrally Sponsored Scheme(s)?
1. SarvaShikshaAbhiyan (SSA)
2. RashtriyaMadhyamikShikshaAbhiyan (RMSA)
3. Teacher Education (TE) scheme.
Select the correct answer using the code given below:
• The SamagraShiksha scheme subsumes the three erstwhile Schemes of SarvaShikshaAbhiyan (SSA), RashtriyaMadhyamikShikshaAbhiyan (RMSA) and Teacher Education (TE).
• The Union Budget, 2018-19 proposed to treat school education holistically without segmentation from pre-nursery to Class 12.
• SamagraShiksha is an overarching programme for the school education sector extending from pre-school to class 12 has been, therefore, prepared with the broader goal of improving school effectiveness measured in terms of equal opportunities for schooling and equitable learning outcomes.
• The Ministry of Human Resource Development has launched a Massive Open Online Courses (MOOCs) platform popularly known as SWAYAM (Study Webs of Active Learning for Young Aspiring Minds) on July 9, 2017. The portal is offering various online courses for school education and higher education.
Source)
https://www.indiabudget.gov.in/economicsurvey/doc/vol2chapter/echap10_vol2.pdf
• The SamagraShiksha scheme subsumes the three erstwhile Schemes of SarvaShikshaAbhiyan (SSA), RashtriyaMadhyamikShikshaAbhiyan (RMSA) and Teacher Education (TE).
• The Union Budget, 2018-19 proposed to treat school education holistically without segmentation from pre-nursery to Class 12.
• SamagraShiksha is an overarching programme for the school education sector extending from pre-school to class 12 has been, therefore, prepared with the broader goal of improving school effectiveness measured in terms of equal opportunities for schooling and equitable learning outcomes.
• The Ministry of Human Resource Development has launched a Massive Open Online Courses (MOOCs) platform popularly known as SWAYAM (Study Webs of Active Learning for Young Aspiring Minds) on July 9, 2017. The portal is offering various online courses for school education and higher education.
Source)
https://www.indiabudget.gov.in/economicsurvey/doc/vol2chapter/echap10_vol2.pdf
With reference to the Global Human Development Index, consider the following statements:
1. It is published by the United Nations Development Programme (UNDP).
2. In terms of average annual HDI growth, India is behind China, Russia, and Brazil.
3. India has improved the HDI ranking in the last two consecutive years.
Which of the statements given above is/are correct?
Statement 1 is correct. The Human Development Index is published by the United Nations Development Programme (UNDP).
Statement 2 is incorrect. With 1.34 per cent average annual HDI growth, India is among the fastest-improving countries, and ahead of China (0.95), South Africa (0.78), Russian Federation (0.69) and Brazil (0.59) (Figure 1). To sustain this momentum in human development and to further accelerate it, the role of the public sector in the delivery of social services such as education and health is critical.
Statement 3 is correct. India’s rank in the Human Development Index (HDI) improved to 129 in 2018 from 130 in 2017, out of a total of 189 countries.
The value of HDI for India reached to 0.647 in 2018. India's ranking was 131 in 2016 for the year of 2015, in the Human Development Index (HDI).
Source)
https://www.indiabudget.gov.in/economicsurvey/doc/vol2chapter/echap10_vol2.pdf
Statement 1 is correct. The Human Development Index is published by the United Nations Development Programme (UNDP).
Statement 2 is incorrect. With 1.34 per cent average annual HDI growth, India is among the fastest-improving countries, and ahead of China (0.95), South Africa (0.78), Russian Federation (0.69) and Brazil (0.59) (Figure 1). To sustain this momentum in human development and to further accelerate it, the role of the public sector in the delivery of social services such as education and health is critical.
Statement 3 is correct. India’s rank in the Human Development Index (HDI) improved to 129 in 2018 from 130 in 2017, out of a total of 189 countries.
The value of HDI for India reached to 0.647 in 2018. India's ranking was 131 in 2016 for the year of 2015, in the Human Development Index (HDI).
Source)
https://www.indiabudget.gov.in/economicsurvey/doc/vol2chapter/echap10_vol2.pdf