IED MCQ TEST 2025 Attempt

Answer
Option
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10 From the set of statements given in Column I and Column II, choose the correct pair of statements:

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27 Which of the following statements about the land ceiling policy is TRUE?
A. It led to equity in the agricultural sector.
B. Many landlords were able to escape the legislation.
C. The implementation of the legislation was challenged by small tenants.
D. It was successful in Kerala and West Bengal because it met no resistance
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31 There are two statements given below, marked as Assertion (A) and Reason (R). Read the statements
and choose the correct option.
Assertion (A): Land redistribution efforts have failed in reducing levels of poverty in rural India.
Reason (R): The capita per head availability of agricultural land has steadily declined in rural India due
to population growth.
A. A is true but R is false.
B. A is false but R is true.
C. Both A and R are true and R explains A.
D. Both A and R are true but R does not explain A
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41 There are two statements given below marked as Assertion (A) and Reason (R). Read the statements
and choose the correct option.
Assertion (A): In a capitalist economy, private entities own resources, whereas in a socialist economy
resources are owned by the state.
Reason (R): In a socialist economy, it is assumed that the government knows the exact needs of the
people.
A. A is true but R is false.
B. A is false but R is true.
C. Both A and R are true and R explains A.
D. Both A and R are true and R does not explain A.
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43 There are two statements given below, marked as Assertion (A) and Reason (R). Read the statements
and choose the correct option.
Assertion (A): The 12th Five Year Plan tried to raise India's Gross Enrolment Ratio in higher education
to 25.2% by 2017–18 and to 30% by 2020–21.
Reason (R): The quality of the population ultimately decides the growth rate of the country.
A. A is true but R is false.
B. A is false but R is true.
C. Both A and R are true and R explains A.
D. Both A and R are true but R does not explain A
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QUESTIONS 47-52
Access to adequate and timely credit at affordable rates is critical for the rural poor to alleviate high
cost debt and invest in livelihood opportunities. Despite the Government of India's best efforts,
financial inclusion of the rural poor has been beset with multiple challenges. Lack of adequate
banking infrastructure and human resources in rural areas, unplanned expansion leading to unviable
bank branches and low levels of financial literacy amongst the rural populace have been some of the
key challenges.
The most vulnerable communities, who often had no formal credit history or ability to provide
collateral, have often been the worst affected. Inability to access loans from banks meant that the
poorest had to resort to moneylenders for loans at unreasonably high rates of interest that invariably
led them into a toxic debt trap.
In this context, the SHG-Bank Linkage programme, formalised by the National Bank for Agriculture
and Rural Development (NABARD) in 1995, that synthesizes 'formal financial systems' (in terms of a
formal institution providing credit) with the 'informal sector' (comprising of rural poor with no formal
credit history), has emerged as a preferred vehicle for providing financial services to the hitherto
unbanked poor.
 Community Based Repayment Mechanisms (CBRMs) have been institutionalised at branches
involved in financing SHGs to monitor and ensure timely repayment of loans by SHGs. The number of
SHGs with outstanding bank loans stands at nearly 5 million today, implying that the program has
brought formal banking services to over 50 million women.
Source (edited): Kumar, Shantanu; Pinto, Alreena Renita; Arora, Amit; Roy, Sourav. 2020. SHG-Bank Linkage : A Success
Story. South Asia Agriculture and Rural Growth Discussion Note Series; No. 3. World Bank, Washington, DC.
https://openknowledge.worldbank.org/handle/10986/34725
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51 What could be the main reason for the institutionalisation of Community Based Repayment
Mechanisms (CBRMs)?
A. Rural people should play an active role in the bank's day-to-day functions.
B. If repayment rate is low, banks would be reluctant to sanction fresh loans.
C. High number of default loans are a burden on the government budget.
D. Rural people deliberately refuse to pay back loans to banks.
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63 In the 20th century, under British rule, India had an export surplus. Where was this surplus used?
A. to invest in capital goods industries in India
B. to invest in capital goods industries in Britain
C. to meet the official and war expenses of the British
D. to pay the salaries of Indian government employees
64 Year of Great Divide?
65 Expected ideal percentage expenditure on education for India from its GDP?