Prelims

Consider the following statements:
Statement I: Circular economy reduces the emissions of greenhouse gases.
Statement II: Circular economy reduces the use of raw materials as inputs.
Statement III: Circular economy reduces wastage in the production process.

Which one of the following is correct in respect of the above statements?

With reference to the sectors of the Indian economy, consider the following pairs:
Economic activity Sector
1. Storage of agricultural produce Secondary
2. Dairy farm Primary
3. Mineral exploration Tertiary
4. Weaving cloth Secondary
How many of the pairs given above are correctly matched?

With reference to physical capital in Indian economy, consider the following pairs:
Items : Category
1. Farmer’s plough : Working capital
2. Computer : Fixed capital
3. Yarn used by the weaver : Fixed capital
4. Petrol : Working capital
How many of the above pairs are correctly matched?

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 :