Skip to content
GK24
Indian EconomyEasyAsked in: UPSC Civil Services · CSE Prelims 2016, GS Paper I

'SWAYAM', an initiative of the Government of India, aims at

  1. A.promoting the Self Help Groups in rural areas
  2. B.providing financial and technical assistance to young start-up entrepreneurs
  3. C.promoting the education and health of adolescent girls
  4. D.providing affordable and quality education to the citizens for free

Correct answer

D. providing affordable and quality education to the citizens for free

Explanation

The correct answer is D, providing affordable and quality education to the citizens for free. SWAYAM is India's national platform of free online courses.

SWAYAM stands for Study Webs of Active-Learning for Young Aspiring Minds. Launched by the Ministry of Education, then the Ministry of Human Resource Development, in 2017, it offers Massive Open Online Courses from Class 9 to postgraduate level, taught by teachers from institutions such as the IITs, IIMs and central universities. Anyone can join a course free of cost; a small fee is charged only for the proctored exam that leads to a certificate, and universities can give academic credit for these courses. National coordinators such as NPTEL, UGC, CEC, NCERT, NIOS and IGNOU prepare the content. Its three guiding principles are access, equity and quality.

A is wrong because rural Self Help Groups are promoted under the Deendayal Antyodaya Yojana-NRLM. B is wrong because start-up support is the aim of Startup India. C is wrong because adolescent girls' health and education are covered by schemes such as the Scheme for Adolescent Girls.

Exam tip: SWAYAM = free MOOCs from Class 9 to postgraduate, with NPTEL and UGC among its coordinators.

View all
Q3.Indian EconomyAsked in: CDS · CDS-I 2019, GKMedium

Which one of the following is not an assumption in the law of demand?

  1. A.There are no changes in the taste and preferences of consumers.
  2. B.Income of consumers remains constant.
  3. C.Consumers are affected by demonstration effect.
  4. D.There are no changes in the price of substitute goods.
Show answer
Correct answer: C. Consumers are affected by demonstration effect.

The law of demand assumes buyers are not swayed by imitating others; the demonstration effect is in fact one of its exceptions.

Q5.Indian EconomyAsked in: CDS · CDS-II 2024, GKEasy

Financial Action Task Force is :

  1. A.A wing under the Central Economic Intelligence Bureau
  2. B.A division of Enforcement Directorate
  3. C.A global money laundering and terrorist financing watchdog
  4. D.A UN Anti-Corruption Agency
Show answer
Correct answer: C. A global money laundering and terrorist financing watchdog

The FATF sets the international standards that countries follow to fight dirty money and terror funding. The FATF is an inter-governmental body set up in 1989 at the G7 summit in Paris, and its secretariat is housed at the OECD in Paris.