Both the questions I am going to discuss were tough questions because they are not prominently in the news and most standard books do not cover them.   During exams, you need to remember that you need to focus on the easy and medium-level questions.   You need to control your temptation to mark all the questions.   How can we prepare for these sorts of topics?   You should not aim because if you try to then you will never be able to finish the syllabus and revise it multiple times.   In India, what is the role of the Coal Controller’s Organization (CCO) ? 1. CCO is the major source of Coal Statistics in the Government of India. 2. It monitors  the progress of the development of Captive Coal/Lignite blocks.   3. It hears any objection to the Government’s notification relating to acquisition of coal-bearing areas.   4. It ensures that coal mining companies deliver the coal to end users in the prescribed time. ...

In India, which one of the following compiles information on industrial disputes, closures, retrenchments and lay-offs in factories employing workers? (a)Central Statistics Office (b)Department for Promotion of Industry and Internal Trade (c)Labour Bureau (d) National Technical Manpower Information System   Solution   C 1. Central Statistics Office (CSO) Works under MoSPI computation of GDP, GSDP, CPI (Rural, Urban, All India) etc.   National Sample Survey Office (NSSO) → data collection for various socio-economic indicators, Annual Survey of Industries (ASI), Rural-urban prices and other data required for CSO’s calculations.   In 2019 , National Statistical Office (NSO) → CSO +NSSO   Memorise - CPI for Industrial worker by labour bureau and Other CPI by NSO[CSO]   2.Department for Promotion of Industry and Internal Trade   Interim-Budget- 2019: Govt renamed Commerce Ministry’s Department of Indus...

Financial sector Real Sector deals with providing finance through debt and equity, production of goods & services.   Let's  Understand the concept using the question…   Which of the following activities constitute real  sector in the economy? 1.  Farmers harvesting their crops 2. Textile mills converting raw cotton into fabrics 3. A commercial bank lending money to a trading company 4.  A corporate body issuing Rupee Denominated Bonds overseas Select the correct answer using the code given below : (a) 1 and 2 only (b) 2, 3 and 4 only (c) 1, 3 and 4 only (d) 1, 2, 3 and 4   Solution A   Tip What is Finance? Management of large amount of money by Govt./firms      

    This was a Tough question, in Exam like situation it is difficult to solve but if you are following economic survey of the last 5 years' strategy then you might have solved the question.   But practically going through the last 5-year Economic survey is difficult.   you should not worry about these type of questions because they do not test your knowledge rather they test whether under pressure can you take the decision of leaving the question which is essential for anyone to clear the prelim.   Consider the following statements : 1. Vietnam has been one of the fastest-growing economies in the world in the recent years. 2. Vietnam is led by a multi-party political system. 3. Vietnam’s economic growth is linked to its integration with global supply chains and focus on exports. 4. For a long time Vietnam’s low labour costs and stable exchange rates have attracted global manufacturers. 5. Vietnam has the most productive e-service s...